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Side-by-side financial comparison of HEICO CORP (HEI) and Liberty Global Ltd. (LBTYA). Click either name above to swap in a different company.

Liberty Global Ltd. is the larger business by last-quarter revenue ($2.4B vs $1.2B, roughly 2.0× HEICO CORP). HEICO CORP runs the higher net margin — 16.1% vs 15.0%, a 1.2% gap on every dollar of revenue. On growth, HEICO CORP posted the faster year-over-year revenue change (14.4% vs -3.6%). Over the past eight quarters, Liberty Global Ltd.'s revenue compounded faster (12.9% CAGR vs 11.1%).

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...

Liberty Global Ltd. is a British-Dutch-American multinational telecommunications company domiciled in Bermuda, with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Holdings Limited (UK), Liberty Global B.V. (Netherlands) and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

HEI vs LBTYA — Head-to-Head

Bigger by revenue
LBTYA
LBTYA
2.0× larger
LBTYA
$2.4B
$1.2B
HEI
Growing faster (revenue YoY)
HEI
HEI
+18.0% gap
HEI
14.4%
-3.6%
LBTYA
Higher net margin
HEI
HEI
1.2% more per $
HEI
16.1%
15.0%
LBTYA
Faster 2-yr revenue CAGR
LBTYA
LBTYA
Annualised
LBTYA
12.9%
11.1%
HEI

Income Statement — Q1 FY2027 vs Q1 FY2026

Metric
HEI
HEI
LBTYA
LBTYA
Revenue
$1.2B
$2.4B
Net Profit
$190.2M
$358.2M
Gross Margin
38.6%
Operating Margin
22.1%
1.0%
Net Margin
16.1%
15.0%
Revenue YoY
14.4%
-3.6%
Net Profit YoY
13.2%
127.1%
EPS (diluted)

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
HEI
HEI
LBTYA
LBTYA
Q4 26
$1.2B
Q1 26
$2.4B
Q4 25
$1.2B
$1.2B
Q3 25
$1.1B
$1.2B
Q2 25
$1.1B
$1.3B
Q1 25
$1.0B
$1.2B
Q4 24
$1.0B
$-1.4B
Q3 24
$992.2M
$1.9B
Net Profit
HEI
HEI
LBTYA
LBTYA
Q4 26
$190.2M
Q1 26
$358.2M
Q4 25
$188.3M
$-2.9B
Q3 25
$177.3M
$-90.7M
Q2 25
$156.8M
$-2.8B
Q1 25
$168.0M
$-1.3B
Q4 24
$139.7M
$2.2B
Q3 24
$136.6M
$-1.4B
Gross Margin
HEI
HEI
LBTYA
LBTYA
Q4 26
38.6%
Q1 26
Q4 25
40.2%
66.8%
Q3 25
39.8%
67.5%
Q2 25
39.9%
63.3%
Q1 25
39.4%
65.6%
Q4 24
38.9%
Q3 24
39.2%
69.4%
Operating Margin
HEI
HEI
LBTYA
LBTYA
Q4 26
22.1%
Q1 26
1.0%
Q4 25
23.1%
-8.6%
Q3 25
23.1%
-0.7%
Q2 25
22.6%
2.3%
Q1 25
22.0%
5.2%
Q4 24
21.6%
Q3 24
21.8%
5.2%
Net Margin
HEI
HEI
LBTYA
LBTYA
Q4 26
16.1%
Q1 26
15.0%
Q4 25
15.6%
-237.0%
Q3 25
15.5%
-7.5%
Q2 25
14.3%
-220.1%
Q1 25
16.3%
-114.2%
Q4 24
13.8%
-158.9%
Q3 24
13.8%
-74.1%
EPS (diluted)
HEI
HEI
LBTYA
LBTYA
Q4 26
Q1 26
Q4 25
$1.32
$-8.66
Q3 25
$1.26
$-0.27
Q2 25
$1.12
$-8.09
Q1 25
$1.20
$-3.84
Q4 24
$1.00
$6.15
Q3 24
$0.97
$-3.95

Balance Sheet & Financial Strength

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

Metric
HEI
HEI
LBTYA
LBTYA
Cash + ST InvestmentsLiquidity on hand
$261.0M
$-387.3M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$4.6B
Total Assets
$9.0B
Debt / EquityLower = less leverage
0.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HEI
HEI
LBTYA
LBTYA
Q4 26
$261.0M
Q1 26
$-387.3M
Q4 25
$217.8M
$2.2B
Q3 25
$261.9M
$1.7B
Q2 25
$242.3M
$3.1B
Q1 25
$165.5M
$2.0B
Q4 24
$162.1M
$2.2B
Q3 24
$202.9M
$3.3B
Total Debt
HEI
HEI
LBTYA
LBTYA
Q4 26
$2.5B
Q1 26
Q4 25
$2.2B
$7.8B
Q3 25
$2.4B
$7.8B
Q2 25
$2.3B
$7.8B
Q1 25
$2.3B
$8.2B
Q4 24
$2.2B
$8.2B
Q3 24
$2.3B
$14.9B
Stockholders' Equity
HEI
HEI
LBTYA
LBTYA
Q4 26
$4.6B
Q1 26
Q4 25
$4.3B
$9.7B
Q3 25
$4.1B
$12.7B
Q2 25
$4.0B
$13.0B
Q1 25
$3.7B
$12.6B
Q4 24
$3.6B
$12.4B
Q3 24
$3.5B
$18.7B
Total Assets
HEI
HEI
LBTYA
LBTYA
Q4 26
$9.0B
Q1 26
Q4 25
$8.5B
$22.6B
Q3 25
$8.5B
$25.4B
Q2 25
$8.1B
$27.2B
Q1 25
$7.9B
$26.0B
Q4 24
$7.6B
$25.4B
Q3 24
$7.4B
$41.8B
Debt / Equity
HEI
HEI
LBTYA
LBTYA
Q4 26
0.55×
Q1 26
Q4 25
0.50×
0.80×
Q3 25
0.59×
0.61×
Q2 25
0.57×
0.60×
Q1 25
0.63×
0.65×
Q4 24
0.61×
0.66×
Q3 24
0.64×
0.80×

Cash Flow & Capital Efficiency

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

Metric
HEI
HEI
LBTYA
LBTYA
Operating Cash FlowLast quarter
$178.6M
$107.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
1.1%
1.5%
Cash ConversionOCF / Net Profit
0.94×
0.30×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HEI
HEI
LBTYA
LBTYA
Q4 26
$178.6M
Q1 26
$107.6M
Q4 25
$295.3M
$630.9M
Q3 25
$231.2M
$301.8M
Q2 25
$204.7M
$149.2M
Q1 25
$203.0M
$129.2M
Q4 24
$205.6M
$791.6M
Q3 24
$214.0M
$449.5M
Free Cash Flow
HEI
HEI
LBTYA
LBTYA
Q4 26
Q1 26
Q4 25
$268.5M
$193.3M
Q3 25
$218.5M
$-41.1M
Q2 25
$188.7M
$-170.1M
Q1 25
$185.7M
$-114.1M
Q4 24
$189.5M
$712.9M
Q3 24
$198.1M
$102.4M
FCF Margin
HEI
HEI
LBTYA
LBTYA
Q4 26
Q1 26
Q4 25
22.2%
15.7%
Q3 25
19.0%
-3.4%
Q2 25
17.2%
-13.4%
Q1 25
18.0%
-9.7%
Q4 24
18.7%
-50.5%
Q3 24
20.0%
5.3%
Capex Intensity
HEI
HEI
LBTYA
LBTYA
Q4 26
1.1%
Q1 26
1.5%
Q4 25
2.2%
35.5%
Q3 25
1.1%
28.4%
Q2 25
1.5%
25.2%
Q1 25
1.7%
20.8%
Q4 24
1.6%
-5.6%
Q3 24
1.6%
17.9%
Cash Conversion
HEI
HEI
LBTYA
LBTYA
Q4 26
0.94×
Q1 26
0.30×
Q4 25
1.57×
Q3 25
1.30×
Q2 25
1.31×
Q1 25
1.21×
Q4 24
1.47×
0.35×
Q3 24
1.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HEI
HEI

Segment breakdown not available.

LBTYA
LBTYA

Mobile Service$775.2M32%
Fixed Service$772.0M32%
Business$308.7M13%
Wholesale$256.9M11%
Business Service$233.2M10%

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