Hexcel Corporation (HXL)

Hexcel Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,876	1,903	1,789	1,578	1,325	1,502
Revenue Growth (YoY)	-0.55%	6.37%	13.39%	19.10%	-11.83%	-36.22%
Cost of Revenue	1,444	1,433	1,356	1,221	1,075	1,263
Gross Profit	432.3	469.8	433.2	357.1	250.1	239.7
Selling, General & Admin	175.3	176.6	163.8	148	135	121.1
Research & Development	55.6	57.1	52.7	45.8	45.1	46.6
Other Operating Expenses	2.5	-	1.4	-19.5	-0.6	15.1
Operating Expenses	233.4	233.7	217.9	174.3	179.5	182.8
Operating Income	198.9	236.1	215.3	182.8	70.6	56.9
Interest Expense	-34.2	-31.2	-34	-36.2	-38.3	-41.8
Earnings From Equity Investments	-	-	8.1	8.1	-	-1.6
Other Non Operating Income (Expenses)	-	-	1.9	10.8	8.5	-
EBT Excluding Unusual Items	164.7	204.9	191.3	165.5	40.8	13.5
Merger & Restructuring Charges	-27.6	-2.3	-0.8	-7.6	-18.8	-42.8
Gain (Loss) on Sale of Investments	-	-	-3	-	-	-
Gain (Loss) on Sale of Assets	-5.9	-1.4	0.8	-	-	-
Asset Writedown	-46.3	-46.3	-	-	-	-
Other Unusual Items	0.5	-	-70.5	-	-	-
Pretax Income	85.4	154.9	117.8	157.9	22	-29.3
Income Tax Expense	16.6	22.8	12.1	31.6	5.9	-61
Net Income	68.8	132.1	105.7	126.3	16.1	31.7
Net Income to Common	68.8	132.1	105.7	126.3	16.1	31.7
Net Income Growth	-36.35%	24.98%	-16.31%	684.47%	-49.21%	-89.66%
Shares Outstanding (Basic)	81	82	85	84	84	84
Shares Outstanding (Diluted)	81	83	86	85	85	84
Shares Change (YoY)	-3.16%	-2.92%	0.59%	0.47%	0.71%	-2.10%
EPS (Basic)	0.85	1.61	1.25	1.50	0.19	0.38
EPS (Diluted)	0.84	1.59	1.24	1.49	0.19	0.38
EPS Growth	-34.94%	28.23%	-16.78%	684.21%	-49.77%	-89.40%
Free Cash Flow	193.9	202.9	148.9	96.8	123.8	213.7
Free Cash Flow Per Share	2.39	2.44	1.74	1.14	1.46	2.54
Dividend Per Share	0.640	0.600	0.500	0.400	-	0.170
Dividend Growth	11.30%	20.00%	25.00%	-	-	-73.44%
Gross Margin	23.04%	24.69%	24.21%	22.63%	18.88%	15.95%
Operating Margin	10.60%	12.41%	12.04%	11.59%	5.33%	3.79%
Profit Margin	3.67%	6.94%	5.91%	8.00%	1.21%	2.11%
Free Cash Flow Margin	10.33%	10.66%	8.32%	6.14%	9.35%	14.22%
EBITDA	321.4	360.1	340.1	309	208.6	197.8
EBITDA Margin	17.13%	18.92%	19.01%	19.59%	15.75%	13.17%
D&A For EBITDA	122.5	124	124.8	126.2	138	140.9
EBIT	198.9	236.1	215.3	182.8	70.6	56.9
EBIT Margin	10.60%	12.41%	12.04%	11.59%	5.33%	3.79%
Effective Tax Rate	19.44%	14.72%	10.27%	20.01%	26.82%	-

Updated Oct 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q