Hexagon Composites ASA (OSL:HEX)
Norway flag Norway · Delayed Price · Currency is NOK
13.85
+0.06 (0.44%)
Aug 26, 2026, 4:25 PM CET

Hexagon Composites ASA Financials Overview

Millions NOK. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,6572,9544,8624,5214,2923,538
Revenue Growth
-39.00%-39.25%7.55%5.33%21.32%14.86%
Gross Profit
1,4241,4712,3682,0331,9661,843
Operating Income
-29.57-111.44378.75145.5898.43-140.67
Net Income
-646.37-1,159-279.131,206-311.33-237.33
Earnings Per Share
-2.41-5.03-1.376.01-1.55-1.19
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Mobile Pipeline
576.99780.612,153---
Fuel Systems
1,7861,8482,287---
Aftermarket
388.72433.14450.2---
Corporate/Eliminations
-87.81-107.71-27.4526.872.6524.87
Total
2,6642,9544,8624,5214,2923,538

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
294.11211.41302.3154.35704.26591.27
Total Debt
1,4511,7511,8951,5582,4851,554
Net Cash (Debt)
-1,157-1,540-1,593-1,403-1,781-962.58
Net Cash Growth
------
Net Cash Per Share
-4.30-6.68-7.77-7.00-8.87-4.81

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
257.73-67.01147.1383.0998.59-344.7
Capital Expenditures
-53-85.81-237.43-174.76-507.21-301.24
Free Cash Flow
204.72-152.82-90.33208.33-408.62-645.93
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
53.60%49.81%48.70%44.97%45.80%52.08%
Operating Margin
-1.11%-3.77%7.79%3.22%2.29%-3.98%
Pretax Margin
-25.50%-41.71%-18.64%-22.47%0.55%-8.53%
Profit Margin
-24.33%-39.25%-5.74%26.67%-7.25%-6.71%
FCF Margin
7.71%-5.17%-1.86%4.61%-9.52%-18.26%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
---4.80--
Forward PE
-46.0758.37230.78230.78230.78
P/FCF Ratio
21.67--27.76--
PS Ratio
1.670.651.961.281.281.85