Hexcel Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,894	1,903	1,789	1,578	1,325
Revenue Growth (YoY)	-0.48%	6.37%	13.39%	19.10%	-11.83%
Cost of Revenue	1,459	1,433	1,356	1,221	1,075
Gross Profit	434.8	469.8	433.2	357.1	250.1
Selling, General & Admin	169	176.6	163.8	148	135
Research & Development	56.4	57.1	52.7	45.8	45.1
Other Operating Expenses	5.1	-	1.4	-19.5	-0.6
Operating Expenses	230.5	233.7	217.9	174.3	179.5
Operating Income	204.3	236.1	215.3	182.8	70.6
Interest Expense	-37.7	-31.2	-34	-36.2	-38.3
Earnings From Equity Investments	-	-	8.1	8.1	-
Other Non Operating Income (Expenses)	1.5	-	1.9	10.8	8.5
EBT Excluding Unusual Items	168.1	204.9	191.3	165.5	40.8
Merger & Restructuring Charges	-28.2	-2.3	-	-7.6	-18.8
Gain (Loss) on Sale of Investments	-	-	-3	-	-
Gain (Loss) on Sale of Assets	-4.5	-	-	-	-
Asset Writedown	-	-47.7	-	-	-
Other Unusual Items	-0.4	-	-70.5	-	-
Pretax Income	135	154.9	117.8	157.9	22
Income Tax Expense	25.6	22.8	12.1	31.6	5.9
Net Income	109.4	132.1	105.7	126.3	16.1
Net Income to Common	109.4	132.1	105.7	126.3	16.1
Net Income Growth	-17.18%	24.98%	-16.31%	684.47%	-49.21%
Shares Outstanding (Basic)	80	82	85	84	84
Shares Outstanding (Diluted)	80	83	86	85	85
Shares Change (YoY)	-3.61%	-2.92%	0.59%	0.47%	0.71%
EPS (Basic)	1.38	1.61	1.25	1.50	0.19
EPS (Diluted)	1.37	1.59	1.24	1.49	0.19
EPS Growth	-13.84%	28.23%	-16.78%	684.21%	-49.77%
Free Cash Flow	157.2	202.9	148.9	96.8	123.8
Free Cash Flow Per Share	1.97	2.44	1.74	1.14	1.46
Dividend Per Share	0.680	0.600	0.500	0.400	-
Dividend Growth	13.33%	20.00%	25.00%	-	-
Gross Margin	22.96%	24.69%	24.21%	22.63%	18.88%
Operating Margin	10.79%	12.41%	12.04%	11.59%	5.33%
Profit Margin	5.78%	6.94%	5.91%	8.00%	1.21%
Free Cash Flow Margin	8.30%	10.66%	8.32%	6.14%	9.35%
EBITDA	326.6	360.1	340.1	309	208.6
EBITDA Margin	17.24%	18.92%	19.01%	19.59%	15.75%
D&A For EBITDA	122.3	124	124.8	126.2	138
EBIT	204.3	236.1	215.3	182.8	70.6
EBIT Margin	10.79%	12.41%	12.04%	11.59%	5.33%
Effective Tax Rate	18.96%	14.72%	10.27%	20.01%	26.82%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q