AME vs. HEI: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AME and HEI, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
AME’s market capitalization stands at 42.53 billion USD, while HEI’s is 39.32 billion USD, indicating their market valuations are broadly comparable.
With betas of 1.11 for AME and 1.07 for HEI, both stocks show similar sensitivity to overall market movements.
| Symbol | AME | HEI |
|---|---|---|
| Company Name | AMETEK, Inc. | HEICO Corporation |
| Country | US | US |
| Sector | Industrials | Industrials |
| Industry | Industrial - Machinery | Aerospace & Defense |
| CEO | David A. Zapico | Eric A. Mendelson |
| Price | 184.19 USD | 324.67 USD |
| Market Cap | 42.53 billion USD | 39.32 billion USD |
| Beta | 1.11 | 1.07 |
| Exchange | NYSE | NYSE |
| IPO Date | July 19, 1984 | March 17, 1980 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AME and HEI by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
AME
14.75%
Industrial - Machinery Industry
- Max
- 36.51%
- Q3
- 18.65%
- Median
- 12.08%
- Q1
- 4.75%
- Min
- -15.57%
AME’s Return on Equity of 14.75% is on par with the norm for the Industrial - Machinery industry, indicating its profitability relative to shareholder equity is typical for the sector.
HEI
16.14%
Aerospace & Defense Industry
- Max
- 42.57%
- Q3
- 16.67%
- Median
- 8.39%
- Q1
- -0.77%
- Min
- -23.36%
HEI’s Return on Equity of 16.14% is on par with the norm for the Aerospace & Defense industry, indicating its profitability relative to shareholder equity is typical for the sector.
Return on Invested Capital
AME
11.22%
Industrial - Machinery Industry
- Max
- 22.35%
- Q3
- 12.64%
- Median
- 9.33%
- Q1
- 5.32%
- Min
- -5.42%
AME’s Return on Invested Capital of 11.22% is in line with the norm for the Industrial - Machinery industry, reflecting a standard level of efficiency in generating profits from its capital base.
HEI
10.25%
Aerospace & Defense Industry
- Max
- 23.42%
- Q3
- 8.86%
- Median
- 5.47%
- Q1
- -5.60%
- Min
- -22.46%
In the upper quartile for the Aerospace & Defense industry, HEI’s Return on Invested Capital of 10.25% signifies a highly effective use of its capital to generate profits when compared to its peers.
Net Profit Margin
AME
20.43%
Industrial - Machinery Industry
- Max
- 28.85%
- Q3
- 15.25%
- Median
- 10.02%
- Q1
- 5.33%
- Min
- -8.75%
A Net Profit Margin of 20.43% places AME in the upper quartile for the Industrial - Machinery industry, signifying strong profitability and more effective cost management than most of its peers.
HEI
14.54%
Aerospace & Defense Industry
- Max
- 22.67%
- Q3
- 8.04%
- Median
- 4.95%
- Q1
- -5.07%
- Min
- -16.58%
A Net Profit Margin of 14.54% places HEI in the upper quartile for the Aerospace & Defense industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin
AME
26.20%
Industrial - Machinery Industry
- Max
- 28.19%
- Q3
- 19.04%
- Median
- 14.62%
- Q1
- 8.13%
- Min
- -5.76%
An Operating Profit Margin of 26.20% places AME in the upper quartile for the Industrial - Machinery industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
HEI
22.01%
Aerospace & Defense Industry
- Max
- 22.01%
- Q3
- 11.49%
- Median
- 8.96%
- Q1
- 3.77%
- Min
- -4.96%
An Operating Profit Margin of 22.01% places HEI in the upper quartile for the Aerospace & Defense industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | AME | HEI |
|---|---|---|
| Return on Equity (TTM) | 14.75% | 16.14% |
| Return on Assets (TTM) | 9.52% | 7.43% |
| Return on Invested Capital (TTM) | 11.22% | 10.25% |
| Net Profit Margin (TTM) | 20.43% | 14.54% |
| Operating Profit Margin (TTM) | 26.20% | 22.01% |
| Gross Profit Margin (TTM) | 36.18% | 39.35% |
Financial Strength
Current Ratio
AME
1.41
Industrial - Machinery Industry
- Max
- 4.18
- Q3
- 2.75
- Median
- 2.07
- Q1
- 1.46
- Min
- 0.46
AME’s Current Ratio of 1.41 falls into the lower quartile for the Industrial - Machinery industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
HEI
3.43
Aerospace & Defense Industry
- Max
- 5.13
- Q3
- 3.36
- Median
- 2.16
- Q1
- 1.20
- Min
- 0.41
HEI’s Current Ratio of 3.43 is in the upper quartile for the Aerospace & Defense industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
Debt-to-Equity Ratio
AME
0.19
Industrial - Machinery Industry
- Max
- 1.46
- Q3
- 0.73
- Median
- 0.48
- Q1
- 0.17
- Min
- 0.00
AME’s Debt-to-Equity Ratio of 0.19 is typical for the Industrial - Machinery industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
HEI
0.57
Aerospace & Defense Industry
- Max
- 1.20
- Q3
- 0.73
- Median
- 0.51
- Q1
- 0.09
- Min
- 0.00
HEI’s Debt-to-Equity Ratio of 0.57 is typical for the Aerospace & Defense industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
AME
23.38
Industrial - Machinery Industry
- Max
- 28.91
- Q3
- 14.99
- Median
- 9.11
- Q1
- 3.95
- Min
- -11.30
AME’s Interest Coverage Ratio of 23.38 is in the upper quartile for the Industrial - Machinery industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
HEI
6.62
Aerospace & Defense Industry
- Max
- 12.62
- Q3
- 7.38
- Median
- 2.95
- Q1
- 1.68
- Min
- -6.68
HEI’s Interest Coverage Ratio of 6.62 is positioned comfortably within the norm for the Aerospace & Defense industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | AME | HEI |
|---|---|---|
| Current Ratio (TTM) | 1.41 | 3.43 |
| Quick Ratio (TTM) | 0.86 | 1.56 |
| Debt-to-Equity Ratio (TTM) | 0.19 | 0.57 |
| Debt-to-Asset Ratio (TTM) | 0.13 | 0.28 |
| Net Debt-to-EBITDA Ratio (TTM) | 0.73 | 1.94 |
| Interest Coverage Ratio (TTM) | 23.38 | 6.62 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AME and HEI. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
AME
0.64%
Industrial - Machinery Industry
- Max
- 4.40%
- Q3
- 1.47%
- Median
- 0.74%
- Q1
- 0.00%
- Min
- 0.00%
AME’s Dividend Yield of 0.64% is consistent with its peers in the Industrial - Machinery industry, providing a dividend return that is standard for its sector.
HEI
0.07%
Aerospace & Defense Industry
- Max
- 6.00%
- Q3
- 0.66%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
HEI’s Dividend Yield of 0.07% is consistent with its peers in the Aerospace & Defense industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio
AME
18.74%
Industrial - Machinery Industry
- Max
- 78.48%
- Q3
- 36.22%
- Median
- 20.24%
- Q1
- 0.00%
- Min
- 0.00%
AME’s Dividend Payout Ratio of 18.74% is within the typical range for the Industrial - Machinery industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
HEI
5.08%
Aerospace & Defense Industry
- Max
- 172.02%
- Q3
- 32.47%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
HEI’s Dividend Payout Ratio of 5.08% is within the typical range for the Aerospace & Defense industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | AME | HEI |
|---|---|---|
| Dividend Yield (TTM) | 0.64% | 0.07% |
| Dividend Payout Ratio (TTM) | 18.74% | 5.08% |
Valuation
Price-to-Earnings Ratio
AME
29.98
Industrial - Machinery Industry
- Max
- 47.62
- Q3
- 34.41
- Median
- 27.36
- Q1
- 21.62
- Min
- 10.96
AME’s P/E Ratio of 29.98 is within the middle range for the Industrial - Machinery industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
HEI
75.09
Aerospace & Defense Industry
- Max
- 75.34
- Q3
- 54.40
- Median
- 38.63
- Q1
- 26.10
- Min
- 16.44
A P/E Ratio of 75.09 places HEI in the upper quartile for the Aerospace & Defense industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
Forward P/E to Growth Ratio
AME
4.01
Industrial - Machinery Industry
- Max
- 6.15
- Q3
- 3.53
- Median
- 2.82
- Q1
- 1.71
- Min
- 0.09
The Forward PEG Ratio is often not a primary valuation metric in the Industrial - Machinery industry.
HEI
7.21
Aerospace & Defense Industry
- Max
- 10.68
- Q3
- 5.36
- Median
- 2.31
- Q1
- 1.47
- Min
- 0.01
A Forward PEG Ratio of 7.21 places HEI in the upper quartile for the Aerospace & Defense industry. This suggests the stock is potentially expensive compared to its peers relative to its growth forecast, which may warrant caution.
Price-to-Sales Ratio
AME
6.13
Industrial - Machinery Industry
- Max
- 8.37
- Q3
- 4.59
- Median
- 3.34
- Q1
- 1.83
- Min
- 0.32
AME’s P/S Ratio of 6.13 is in the upper echelon for the Industrial - Machinery industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
HEI
9.51
Aerospace & Defense Industry
- Max
- 19.34
- Q3
- 9.54
- Median
- 2.71
- Q1
- 1.59
- Min
- 0.35
HEI’s P/S Ratio of 9.51 aligns with the market consensus for the Aerospace & Defense industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio
AME
4.26
Industrial - Machinery Industry
- Max
- 7.49
- Q3
- 5.01
- Median
- 3.41
- Q1
- 2.45
- Min
- 0.01
AME’s P/B Ratio of 4.26 is within the conventional range for the Industrial - Machinery industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
HEI
11.37
Aerospace & Defense Industry
- Max
- 16.08
- Q3
- 8.12
- Median
- 4.12
- Q1
- 2.69
- Min
- 0.69
HEI’s P/B Ratio of 11.37 is in the upper tier for the Aerospace & Defense industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
Valuation at a Glance
| Symbol | AME | HEI |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 29.98 | 75.09 |
| Forward PEG Ratio (TTM) | 4.01 | 7.21 |
| Price-to-Sales Ratio (P/S, TTM) | 6.13 | 9.51 |
| Price-to-Book Ratio (P/B, TTM) | 4.26 | 11.37 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 24.82 | 51.59 |
| EV-to-EBITDA (TTM) | 21.00 | 39.32 |
| EV-to-Sales (TTM) | 6.35 | 10.00 |