Hexcel Corp (HXL) Financial Statements
Industry: Plastic Materials, Synth Resins & Nonvulcan Elastomers
In fiscal 2025, Hexcel reported revenue of $1.89B, down 0.5% from $1.90B the year before. Net income was $109.4M (a 5.8% net margin), or $1.37 per diluted share. Gross margin was 23.0% and operating margin was 9.1%. Operating activities generated $230.5M of cash, leaving $157.2M of free cash flow. At fiscal year end, Hexcel held $2.70B in total assets against $1.45B in total liabilities, including $71.0M of cash and equivalents.
Open the full interactive Hexcel financials → Quarterly statements, key ratios, valuation history and price charts.
Hexcel Key Stats
| Share Price | $86.13 |
|---|---|
| Market Cap | $6.59B |
| P/E Ratio | 63.0 |
| Revenue YoY Growth | -0.5% |
| 52-Week Range | $60.71 – $110.09 |
| Shares Outstanding | 75.7 million (basic, 2026 Q2) |
Hexcel Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.50B | $1.32B | $1.58B | $1.79B | $1.90B | $1.89B |
| Cost of Goods Sold | $1.26B | $1.07B | $1.22B | $1.36B | $1.43B | $1.46B |
| Gross Profit | $239.7M | $250.1M | $357.1M | $433.2M | $469.8M | $434.8M |
| Operating Income | $14.1M | $51.8M | $175.2M | $215.3M | $186.1M | $171.6M |
| Pre-Tax Income | -$27.7M | $22.0M | $149.8M | $109.7M | $154.9M | $135.0M |
| Income Tax | -$61.0M | $5.9M | $31.6M | $12.1M | $22.8M | $25.6M |
| Net Income | -$19.4M | $16.1M | $126.3M | $105.7M | $132.1M | $109.4M |
| Diluted EPS | -$0.23 | $0.19 | $1.49 | $1.24 | $1.59 | $1.37 |
Hexcel Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $456.2M | $491.3M | $501.5M | $529.3M |
| Net Income | $20.6M | $46.4M | $37.2M | $49.3M |
| Diluted EPS | $0.26 | $0.58 | $0.49 | $0.64 |
Hexcel Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $103.3M | $127.7M | $112.0M | $227.0M | $125.4M | $71.0M |
| Current Assets | $535.9M | $616.3M | $734.4M | $864.2M | $781.5M | $730.7M |
| Total Assets | $2.92B | $2.82B | $2.84B | $2.92B | $2.73B | $2.70B |
| Current Liabilities | $183.1M | $247.6M | $329.8M | $315.9M | $353.5M | $322.7M |
| Total Long-Term Debt | $926.4M | $823.3M | $723.5M | $699.5M | $700.7M | $993.0M |
| Total Liabilities | $1.41B | $1.33B | $1.28B | $1.20B | $1.20B | $1.45B |
| Shareholders' Equity | $1.51B | $1.49B | $1.55B | $1.72B | $1.53B | $1.25B |
Hexcel Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $264.3M | $151.7M | $173.1M | $257.1M | $289.9M | $230.5M |
| Cash From Investing | -$50.6M | -$27.9M | -$54.6M | -$50.7M | -$87.0M | -$76.0M |
| Cash From Financing | -$178.5M | -$96.8M | -$130.0M | -$92.6M | -$301.7M | -$212.3M |
| Free Cash Flow | $213.7M | $123.8M | $96.8M | $148.9M | $202.9M | $157.2M |
Figures from Hexcel's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Hexcel financials page for every line item.
Hexcel Company Profile
| Ticker | HXL |
|---|---|
| Exchange | NYSE |
| Industry | Plastic Materials, Synth Resins & Nonvulcan Elastomers |
| Headquarters | Stamford, Connecticut |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000717605 |
Frequently Asked Questions
What was Hexcel's revenue in fiscal 2025?
Hexcel (HXL) reported revenue of $1.89B for fiscal 2025.
What is Hexcel's annual revenue history?
Hexcel's annual revenue by fiscal year: 2020: $1.50B; 2021: $1.32B; 2022: $1.58B; 2023: $1.79B; 2024: $1.90B; 2025: $1.89B.
What was Hexcel's net income in fiscal 2025?
Hexcel reported net income of $109.4M for fiscal 2025.
What was Hexcel's earnings per share (EPS) in fiscal 2025?
Hexcel's diluted EPS was $1.37 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Hexcel generate in fiscal 2025?
Hexcel generated $157.2M of free cash flow in fiscal 2025.
What was Hexcel's revenue last quarter?
In its most recent reported quarter (2026 Q2), Hexcel reported revenue of $529.3M.
How much debt does Hexcel have?
Hexcel reported $993.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Hexcel are outstanding?
Hexcel reported a weighted average of 75.7 million basic shares outstanding in 2026 Q2.
What is Hexcel's market cap?
Based on its latest closing price, Hexcel (HXL) has a market capitalization of about $6.59B.
When does Hexcel's fiscal year end?
Hexcel's fiscal year end, as registered with the SEC, is December 31.
Where is Hexcel headquartered?
Hexcel lists its business address in Stamford, Connecticut in its SEC filings.