Hexcel Corporation (HXL)
NYSE: HXL · Real-Time Price · USD
81.15
+0.75 (0.93%)
Nov 9, 2026, 2:39 PM EST - Market open
Hexcel Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Net Income | 171.5 | 109.4 | 132.1 | 105.7 | 126.3 | 16.1 |
Depreciation & Amortization | 121.3 | 122.3 | 124 | 124.8 | 126.2 | 138 |
Other Amortization | 1.1 | 0.1 | 0.4 | 0.6 | 0.7 | 3.1 |
Loss (Gain) From Sale of Assets | - | 4.9 | - | -0.8 | -19.4 | - |
Asset Writedown & Restructuring Costs | -1.3 | 9.1 | 28.9 | -1.3 | 0.9 | -5.6 |
Loss (Gain) From Sale of Investments | - | - | - | 3 | -0.3 | - |
Loss (Gain) on Equity Investments | - | - | - | -8.1 | -8.1 | - |
Stock-Based Compensation | 19.4 | 14.4 | 22.2 | 20.9 | 20 | 19 |
Other Operating Activities | 21.3 | 6.3 | -16.7 | 37.8 | -3.1 | -2.6 |
Change in Accounts Receivable | -38.4 | -22.5 | 10.7 | -8.9 | -62.8 | -40.7 |
Change in Inventory | -6.6 | 45.4 | -34 | -8.9 | -82.4 | -40.4 |
Change in Accounts Payable | 30.7 | -20.4 | 29.2 | -12.2 | 80.8 | 49.8 |
Change in Other Net Operating Assets | -22.4 | -38.5 | -6.9 | 4.5 | -5.7 | 15 |
Operating Cash Flow | 296.6 | 230.5 | 289.9 | 257.1 | 173.1 | 151.7 |
Operating Cash Flow Growth | 10.84% | -20.49% | 12.76% | 48.53% | 14.11% | -42.60% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -86.8 | -73.3 | -87 | -108.2 | -76.3 | -27.9 |
Sale of Property, Plant & Equipment | - | - | - | 10.3 | 21.2 | - |
Investment in Securities | - | - | - | 47.2 | 0.5 | - |
Other Investing Activities | - | -2.7 | - | - | - | - |
Investing Cash Flow | -86.8 | -76 | -87 | -50.7 | -54.6 | -27.9 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Long-Term Debt Issued | - | 780 | 160.3 | 163 | 50 | - |
Long-Term Debt Repaid | - | -489.2 | -160 | -188.2 | -150.6 | -103.9 |
Net Debt Issued (Repaid) | 176 | 290.8 | 0.3 | -25.2 | -100.6 | -103.9 |
Issuance of Common Stock | 12.7 | 5.1 | - | 7.4 | 4.3 | 7.1 |
Repurchase of Common Stock | -353.4 | -454.3 | -252.7 | -30.1 | - | - |
Common Dividends Paid | -53.8 | -53.9 | -49.3 | -42.2 | -33.7 | - |
Other Financing Activities | -2.8 | - | - | -2.5 | - | - |
Financing Cash Flow | -221.3 | -212.3 | -301.7 | -92.6 | -130 | -96.8 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | -1.2 | 3.4 | -2.8 | 1.2 | -4.2 | -2.6 |
Net Cash Flow | -12.7 | -54.4 | -101.6 | 115 | -15.7 | 24.4 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 209.8 | 157.2 | 202.9 | 148.9 | 96.8 | 123.8 |
Free Cash Flow Growth | 8.20% | -22.52% | 36.27% | 53.82% | -21.81% | -42.07% |
Free Cash Flow Margin | 10.39% | 8.30% | 10.66% | 8.32% | 6.14% | 9.35% |
Free Cash Flow Per Share | 2.73 | 1.97 | 2.44 | 1.74 | 1.14 | 1.46 |
Levered Free Cash Flow | 204.06 | 118.43 | 217.26 | 123.81 | 117.73 | 162.49 |
Unlevered Free Cash Flow | 232.65 | 141.89 | 236.36 | 144.46 | 139.65 | 183.33 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash Interest Paid | 40.2 | 40.2 | 33.5 | 34.6 | 35.4 | 36.1 |
Cash Income Tax Paid | 7.3 | 7.3 | 42.2 | 59.1 | 35.9 | 1.2 |
Change in Working Capital | -36.7 | -36 | -1 | -25.5 | -70.1 | -16.3 |