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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,877	1,903	1,789	1,578	1,325	1,502
Revenue Growth (YoY)	1.46%	6.37%	13.39%	19.10%	-11.83%	-36.22%
Cost of Revenue	1,438	1,433	1,356	1,221	1,075	1,263
Gross Profit	438.9	469.8	433.2	357.1	250.1	239.7
Selling, General & Admin	174	176.6	163.8	148	135	121.1
Research & Development	55.4	57.1	52.7	45.8	45.1	46.6
Other Operating Expenses	-	-	1.4	-19.5	-0.6	15.1
Operating Expenses	229.4	233.7	217.9	174.3	179.5	182.8
Operating Income	209.5	236.1	215.3	182.8	70.6	56.9
Interest Expense	-33.5	-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	176	204.9	191.3	165.5	40.8	13.5
Merger & Restructuring Charges	-25.1	-2.3	-0.8	-7.6	-18.8	-42.8
Gain (Loss) on Sale of Investments	-	-	-3	-	-	-
Gain (Loss) on Sale of Assets	-2.5	-1.4	0.8	-	-	-
Asset Writedown	-46.3	-46.3	-	-	-	-
Other Unusual Items	0.5	-	-70.5	-	-	-
Pretax Income	102.6	154.9	117.8	157.9	22	-29.3
Income Tax Expense	14.6	22.8	12.1	31.6	5.9	-61
Net Income	88	132.1	105.7	126.3	16.1	31.7
Net Income to Common	88	132.1	105.7	126.3	16.1	31.7
Net Income Growth	-17.76%	24.98%	-16.31%	684.47%	-49.21%	-89.66%
Shares Outstanding (Basic)	81	82	85	84	84	84
Shares Outstanding (Diluted)	82	83	86	85	85	84
Shares Change (YoY)	-3.78%	-2.92%	0.59%	0.47%	0.71%	-2.10%
EPS (Basic)	1.09	1.61	1.25	1.50	0.19	0.38
EPS (Diluted)	1.07	1.59	1.24	1.49	0.19	0.38
EPS Growth	-14.93%	28.23%	-16.78%	684.21%	-49.77%	-89.40%
Free Cash Flow	170.7	202.9	148.9	96.8	123.8	213.7
Free Cash Flow Per Share	2.09	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	16.36%	20.00%	25.00%	-	-	-73.44%
Gross Margin	23.39%	24.69%	24.21%	22.63%	18.88%	15.95%
Operating Margin	11.16%	12.41%	12.04%	11.59%	5.33%	3.79%
Profit Margin	4.69%	6.94%	5.91%	8.00%	1.21%	2.11%
Free Cash Flow Margin	9.10%	10.66%	8.32%	6.14%	9.35%	14.22%
EBITDA	332.1	360.1	340.1	309	208.6	197.8
EBITDA Margin	17.70%	18.92%	19.01%	19.59%	15.75%	13.17%
D&A For EBITDA	122.6	124	124.8	126.2	138	140.9
EBIT	209.5	236.1	215.3	182.8	70.6	56.9
EBIT Margin	11.16%	12.41%	12.04%	11.59%	5.33%	3.79%
Effective Tax Rate	14.23%	14.72%	10.27%	20.01%	26.82%	-

Updated Jul 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q