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Side-by-side financial comparison of Aveanna Healthcare Holdings, Inc. (AVAH) and HEICO CORP (HEI). Click either name above to swap in a different company.

HEICO CORP is the larger business by last-quarter revenue ($1.2B vs $621.9M, roughly 1.9× Aveanna Healthcare Holdings, Inc.). HEICO CORP runs the higher net margin — 15.6% vs 2.3%, a 13.3% gap on every dollar of revenue. On growth, Aveanna Healthcare Holdings, Inc. posted the faster year-over-year revenue change (22.2% vs 19.3%). Over the past eight quarters, HEICO CORP's revenue compounded faster (16.2% CAGR vs 14.0%).

Aveanna Healthcare Holdings, Inc. is a leading U.S. provider of home and community-based healthcare services. Its core offerings include pediatric home health, adult personal care, hospice care, and infusion therapy, serving patients across the United States through its nationwide network of local care centers, catering to both public and private payer segments.

Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger. Greg Abel succeeded Buffett as CEO at the beginning of 2026. Buffett personally owns 38.4% of the Class A voting shares of Berkshire Hathaway, representing a 15.1% overall economic interest in t...

AVAH vs HEI — Head-to-Head

Bigger by revenue
HEI
HEI
1.9× larger
HEI
$1.2B
$621.9M
AVAH
Growing faster (revenue YoY)
AVAH
AVAH
+2.9% gap
AVAH
22.2%
19.3%
HEI
Higher net margin
HEI
HEI
13.3% more per $
HEI
15.6%
2.3%
AVAH
Faster 2-yr revenue CAGR
HEI
HEI
Annualised
HEI
16.2%
14.0%
AVAH

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
AVAH
AVAH
HEI
HEI
Revenue
$621.9M
$1.2B
Net Profit
$14.1M
$188.3M
Gross Margin
32.6%
40.2%
Operating Margin
8.6%
23.1%
Net Margin
2.3%
15.6%
Revenue YoY
22.2%
19.3%
Net Profit YoY
132.8%
34.8%
EPS (diluted)
$0.06
$1.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVAH
AVAH
HEI
HEI
Q4 25
$1.2B
Q3 25
$621.9M
$1.1B
Q2 25
$589.6M
$1.1B
Q1 25
$559.2M
$1.0B
Q4 24
$519.9M
$1.0B
Q3 24
$509.0M
$992.2M
Q2 24
$505.0M
$955.4M
Q1 24
$490.7M
$896.4M
Net Profit
AVAH
AVAH
HEI
HEI
Q4 25
$188.3M
Q3 25
$14.1M
$177.3M
Q2 25
$27.0M
$156.8M
Q1 25
$5.2M
$168.0M
Q4 24
$29.2M
$139.7M
Q3 24
$-42.8M
$136.6M
Q2 24
$13.9M
$123.1M
Q1 24
$-11.2M
$114.7M
Gross Margin
AVAH
AVAH
HEI
HEI
Q4 25
40.2%
Q3 25
32.6%
39.8%
Q2 25
35.8%
39.9%
Q1 25
32.8%
39.4%
Q4 24
33.0%
38.9%
Q3 24
31.4%
39.2%
Q2 24
31.3%
38.9%
Q1 24
29.7%
38.7%
Operating Margin
AVAH
AVAH
HEI
HEI
Q4 25
23.1%
Q3 25
8.6%
23.1%
Q2 25
13.6%
22.6%
Q1 25
9.3%
22.0%
Q4 24
8.8%
21.6%
Q3 24
6.7%
21.8%
Q2 24
7.4%
21.9%
Q1 24
4.7%
20.1%
Net Margin
AVAH
AVAH
HEI
HEI
Q4 25
15.6%
Q3 25
2.3%
15.5%
Q2 25
4.6%
14.3%
Q1 25
0.9%
16.3%
Q4 24
5.6%
13.8%
Q3 24
-8.4%
13.8%
Q2 24
2.8%
12.9%
Q1 24
-2.3%
12.8%
EPS (diluted)
AVAH
AVAH
HEI
HEI
Q4 25
$1.32
Q3 25
$0.06
$1.26
Q2 25
$0.13
$1.12
Q1 25
$0.03
$1.20
Q4 24
$0.15
$1.00
Q3 24
$-0.22
$0.97
Q2 24
$0.07
$0.88
Q1 24
$-0.06
$0.82

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVAH
AVAH
HEI
HEI
Cash + ST InvestmentsLiquidity on hand
$145.9M
$217.8M
Total DebtLower is stronger
$1.3B
$2.2B
Stockholders' EquityBook value
$9.2M
$4.3B
Total Assets
$1.8B
$8.5B
Debt / EquityLower = less leverage
141.83×
0.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVAH
AVAH
HEI
HEI
Q4 25
$217.8M
Q3 25
$145.9M
$261.9M
Q2 25
$100.7M
$242.3M
Q1 25
$71.5M
$165.5M
Q4 24
$84.3M
$162.1M
Q3 24
$78.5M
$202.9M
Q2 24
$47.7M
$204.2M
Q1 24
$42.6M
$196.3M
Total Debt
AVAH
AVAH
HEI
HEI
Q4 25
$2.2B
Q3 25
$1.3B
$2.4B
Q2 25
$1.3B
$2.3B
Q1 25
$1.3B
$2.3B
Q4 24
$1.3B
$2.2B
Q3 24
$1.3B
$2.3B
Q2 24
$1.3B
$2.4B
Q1 24
$1.3B
$2.5B
Stockholders' Equity
AVAH
AVAH
HEI
HEI
Q4 25
$4.3B
Q3 25
$9.2M
$4.1B
Q2 25
$-12.0M
$4.0B
Q1 25
$-100.1M
$3.7B
Q4 24
$-123.6M
$3.6B
Q3 24
$-156.4M
$3.5B
Q2 24
$-119.0M
$3.4B
Q1 24
$-136.3M
$3.3B
Total Assets
AVAH
AVAH
HEI
HEI
Q4 25
$8.5B
Q3 25
$1.8B
$8.5B
Q2 25
$1.8B
$8.1B
Q1 25
$1.7B
$7.9B
Q4 24
$1.7B
$7.6B
Q3 24
$1.6B
$7.4B
Q2 24
$1.7B
$7.4B
Q1 24
$1.6B
$7.3B
Debt / Equity
AVAH
AVAH
HEI
HEI
Q4 25
0.50×
Q3 25
141.83×
0.59×
Q2 25
0.57×
Q1 25
0.63×
Q4 24
0.61×
Q3 24
0.64×
Q2 24
0.70×
Q1 24
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVAH
AVAH
HEI
HEI
Operating Cash FlowLast quarter
$33.2M
$295.3M
Free Cash FlowOCF − Capex
$268.5M
FCF MarginFCF / Revenue
22.2%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
2.36×
1.57×
TTM Free Cash FlowTrailing 4 quarters
$861.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVAH
AVAH
HEI
HEI
Q4 25
$295.3M
Q3 25
$33.2M
$231.2M
Q2 25
$51.6M
$204.7M
Q1 25
$-8.6M
$203.0M
Q4 24
$13.4M
$205.6M
Q3 24
$29.4M
$214.0M
Q2 24
$1.8M
$141.1M
Q1 24
$-12.0M
$111.7M
Free Cash Flow
AVAH
AVAH
HEI
HEI
Q4 25
$268.5M
Q3 25
$218.5M
Q2 25
$188.7M
Q1 25
$185.7M
Q4 24
$189.5M
Q3 24
$198.1M
Q2 24
$128.2M
Q1 24
$98.3M
FCF Margin
AVAH
AVAH
HEI
HEI
Q4 25
22.2%
Q3 25
19.0%
Q2 25
17.2%
Q1 25
18.0%
Q4 24
18.7%
Q3 24
20.0%
Q2 24
13.4%
Q1 24
11.0%
Capex Intensity
AVAH
AVAH
HEI
HEI
Q4 25
2.2%
Q3 25
1.1%
Q2 25
1.5%
Q1 25
1.7%
Q4 24
1.6%
Q3 24
1.6%
Q2 24
1.4%
Q1 24
1.5%
Cash Conversion
AVAH
AVAH
HEI
HEI
Q4 25
1.57×
Q3 25
2.36×
1.30×
Q2 25
1.91×
1.31×
Q1 25
-1.66×
1.21×
Q4 24
0.46×
1.47×
Q3 24
1.57×
Q2 24
0.13×
1.15×
Q1 24
0.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVAH
AVAH

Private Duty Services$514.4M83%
Home Health And Hospice$62.4M10%
Medical Solutions$45.1M7%

HEI
HEI

Aftermarket Replacement Parts$510.0M42%
Electronic Componentsfor Defense Spaceand Aerospace$311.8M26%
Defenseand Space$170.6M14%
Specialty Products$118.9M10%
Other Electronic Components$73.0M6%
Other Industries$15.9M1%

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