Hexagon Composites ASA (OSL:HEX)
Norway flag Norway · Delayed Price · Currency is NOK
12.88
+0.58 (4.72%)
Nov 10, 2026, 12:13 PM CET

Hexagon Composites ASA Financials Overview

Millions NOK. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,0552,9544,8624,5214,2923,538
Revenue Growth
-16.14%-39.25%7.55%5.33%21.32%14.86%
Gross Profit
1,6051,4712,3682,0331,9661,843
Operating Income
135.39-111.44378.75145.5898.43-140.67
Net Income
-432.22-1,159-279.131,206-311.33-237.33
Earnings Per Share
-1.55-5.03-1.376.01-1.55-1.19
EPS Growth
------

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Aftermarket
402.73433.14450.2---
Mobile Pipeline
803.4780.612,153---
Corporate/Eliminations
-90.5-107.71-27.4526.872.6524.87
Fuel Systems
1,9401,8482,287---
Total
3,0552,9544,8624,5214,2923,538

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
660.93211.41302.3154.35704.26591.27
Total Debt
1,3871,7511,8951,5582,4851,554
Net Cash (Debt)
-726.02-1,540-1,593-1,403-1,781-962.58
Net Cash Growth
------
Net Cash Per Share
-2.61-6.68-7.77-7.00-8.87-4.81

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
585.74-67.01147.1383.0998.59-344.7
Capital Expenditures
-35.64-85.81-237.43-174.76-507.21-301.24
Free Cash Flow
550.1-152.82-90.33208.33-408.62-645.93
Free Cash Flow Growth
7364.00%-----

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
52.52%49.81%48.70%44.97%45.80%52.08%
Operating Margin
4.43%-3.77%7.79%3.22%2.29%-3.98%
Pretax Margin
-13.28%-41.71%-18.64%-22.47%0.55%-8.53%
Profit Margin
-14.15%-39.25%-5.74%26.67%-7.25%-6.71%
FCF Margin
18.00%-5.17%-1.86%4.61%-9.52%-18.26%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '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
7.45--27.76--
PS Ratio
1.340.651.961.281.281.85