HXL
$91.32-0.32%
Hexcel CorporationStock · IndustrialsRussell 3000 · 0.01% of IWVRussell 1000 · 0.01% of IWBUS Stock Market · 0.01% of VTI
HXL financial statements
The full income statement, balance sheet, and cash-flow statement for Hexcel Corporation (HXL), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 81.7M2024-09 81.0M2024-12 81.1M2025-03 80.4M2025-06 79.6M2025-09 79.6M2025-12 75.9M2026-03 75.4M2026-06 75.6M-7.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.89B-0.5% | 1.90B+6.4% | 1.79B+13.4% | 1.58B+19.1% | 1.32B-11.8% | |
| 435M-7.4% | 470M+8.4% | 433M+21.3% | 357M+42.8% | 250M+4.3% | ||
| Cost of revenue | 1.46B+1.8% | 1.43B+5.7% | 1.36B+11.1% | 1.22B+13.6% | 1.07B-14.9% | |
| Research & development | 56.4M-1.2% | 57.1M+8.3% | 52.7M+15.1% | 45.8M+1.6% | 45.1M-3.2% | |
| Selling, general & administrative | 169M-4.3% | 177M+7.8% | 164M+10.7% | 148M+9.6% | 135M+11.5% | |
| Restructuring | 28.4M+1134.8% | 2.30M+187.5% | 800K-89.5% | 7.60M-59.6% | 18.8M-56.1% | |
| Amortization of intangibles | 5.60M-17.6% | 6.80M+0.0% | 6.80M+0.0% | 6.80M-2.9% | 7.00M+1.4% | |
| Operating income | 172M-7.8% | 186M-13.6% | 215M+22.9% | 175M+238.2% | 51.8M+267.4% | |
| Interest expense | 37.7M+20.8% | 31.2M-8.2% | 34.0M-6.1% | 36.2M-5.5% | 38.3M-8.4% | |
| Other non-operating income | 1.10M | 0.00+100.0% | -71.6M-763.0% | 10.8M+27.1% | 8.50M | |
| Equity-method income | 0.00 | 0.00-100.0% | 8.10M+0.0% | 8.10M | 0.00+100.0% | |
| Pre-tax income | 135M-12.8% | 155M+41.2% | 110M-26.8% | 150M+580.9% | 22.0M+179.4% | |
| Income tax | 25.6M+12.3% | 22.8M+88.4% | 12.1M-61.7% | 31.6M+435.6% | 5.90M+109.7% | |
| 109M-17.2% | 132M+25.0% | 106M-16.3% | 126M+684.5% | 16.1M-49.2% | ||
| Net income to common | 109M-17.2% | 132M+25.0% | 106M-16.3% | 126M+684.5% | 16.1M-49.2% | |
| Weighted-avg shares (basic) | 79.5M-3.4% | 82.3M-2.7% | 84.6M+0.2% | 84.4M+0.4% | 84.1M+0.4% | |
| Weighted-avg shares (diluted) | 80.0M-3.6% | 83.0M-2.9% | 85.5M+0.6% | 85.0M+0.5% | 84.6M+0.7% | |
| Dividends per share | $0.68+13.3% | $0.60+20.0% | $0.50+25.0% | $0.40 | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 731M-6.5% | 782M-9.6% | 864M+17.7% | 734M+19.2% | 616M+15.0% | ||
| Cash & equivalents | 71.0M-43.4% | 125M-44.8% | 227M+102.7% | 112M-12.3% | 128M+23.6% | |
| Accounts receivable | 249M+17.6% | 212M-9.7% | 235M+5.4% | 223M+38.9% | 160M+27.8% | |
| Inventory | 329M-7.7% | 356M+6.5% | 334M+4.7% | 319M+30.0% | 246M+15.1% | |
| Prepaid expenses | 45.7M-9.7% | 50.6M+17.7% | 43.0M+10.5% | 38.9M-1.5% | 39.5M+3.9% | |
| 2.70B-0.8% | 2.73B-6.6% | 2.92B+2.9% | 2.84B+0.6% | 2.82B-3.4% | ||
| Property, plant & equipment | 1.61B+0.9% | 1.60B-4.9% | 1.68B+1.3% | 1.66B-5.1% | 1.75B-6.8% | |
| Operating lease right-of-use | 25.7M+1.2% | 25.4M-13.3% | 29.3M-40.9% | 49.6M-2.2% | 50.7M-13.3% | |
| Goodwill | 192M+2.7% | 187M-1.2% | 189M+0.9% | 187M-1.8% | 191M-1.3% | |
| Intangible assets | 41.6M-10.0% | 46.2M-21.0% | 58.5M-10.6% | 65.4M-10.0% | 72.7M-3.6% | |
| Deferred tax assets | 39.4M-1.3% | 39.9M-22.2% | 51.3M-11.4% | 57.9M-16.2% | 69.1M-5.2% | |
| Other non-current assets | 117M+11.0% | 105M-11.7% | 119M-15.7% | 142M-2.3% | 145M-21.8% | |
| 323M-8.7% | 354M+11.9% | 316M-4.2% | 330M+33.2% | 248M+35.2% | ||
| Accounts payable | 147M+3.0% | 142M-10.6% | 159M+2.3% | 156M+37.4% | 113M+61.7% | |
| Accrued liabilities | 93.3M-5.9% | 99.2M+32.3% | 75.0M-9.1% | 82.5M+12.4% | 73.4M+12.2% | |
| Short-term & current debt | 0.00-100.0% | 100K+0.0% | 100K-50.0% | 200K-77.8% | 900K+0.0% | |
| Current lease liability | 7.00M+16.7% | 6.00M-17.8% | 7.30M-28.4% | 10.2M-1.9% | 10.4M-13.3% | |
| Finance lease liability (current) | 0.00-100.0% | 100K+0.0% | 100K-50.0% | 200K-77.8% | 900K+0.0% | |
| 1.45B+21.3% | 1.20B-0.4% | 1.20B-6.3% | 1.28B-3.8% | 1.33B-5.2% | ||
| Long-term debt | 993M+41.7% | 701M+0.2% | 699M-3.3% | 723M-12.1% | 822M-11.1% | |
| Non-current lease liability | 18.7M-3.6% | 19.4M-11.8% | 22.0M-44.2% | 39.4M-2.2% | 40.3M-13.3% | |
| Operating lease liability (total) | 25.7M+1.2% | 25.4M-13.3% | 29.3M-40.9% | 49.6M-2.2% | 50.7M-13.3% | |
| Finance lease liability (total) | 0.00-100.0% | 100K-50.0% | 200K-50.0% | 400K-69.2% | 1.30M-40.9% | |
| Finance lease liability | 0.00 | 0.00-100.0% | 100K-50.0% | 200K-50.0% | 400K-69.2% | |
| Deferred tax liabilities | 86.7M+6.8% | 81.2M-26.6% | 111M-12.5% | 126M-9.7% | 140M-8.5% | |
| Other non-current liabilities | 22.5M-26.2% | 30.5M-9.0% | 33.5M-45.0% | 60.9M-14.6% | 71.3M-22.6% | |
| 1.25B-18.1% | 1.53B-11.0% | 1.72B+10.4% | 1.55B+4.6% | 1.49B-1.6% | ||
| Common stock | 1.10M+0.0% | 1.10M+0.0% | 1.10M+0.0% | 1.10M+0.0% | 1.10M+0.0% | |
| Additional paid-in capital | 995M+2.6% | 970M+3.5% | 937M+3.5% | 905M+3.0% | 879M+3.4% | |
| Retained earnings | 2.31B+2.5% | 2.25B+3.8% | 2.17B+3.0% | 2.10B+4.6% | 2.01B+0.8% | |
| Treasury stock | 2.04B+29.1% | 1.58B+20.0% | 1.32B+2.6% | 1.28B+0.2% | 1.28B+0.2% | |
| Accumulated other comprehensive income | -12.9M+88.8% | -115M-55.2% | -74.1M+57.5% | -174M-37.9% | -127M-112.2% | |
| Total liabilities & equity | 2.70B-0.8% | 2.73B-6.6% | 2.92B+2.9% | 2.84B+0.6% | 2.82B-3.4% | |
| Common shares issued | 112M+0.4% | 112M+0.7% | 111M+0.4% | 110M+0.3% | 110M+0.4% | |
| Common shares outstanding | 75.7M-6.5% | 81.0M-3.7% | 84.1M-0.1% | 84.2M+0.2% | 84.0M+0.5% | |
| Shares outstanding (cover) | 75.9M-6.5% | 81.1M-3.9% | 84.4M+0.1% | 84.3M+0.4% | 84.0M+0.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 231M-20.5% | 290M+12.8% | 257M+48.5% | 173M+14.1% | 152M-42.6% | ||
| Depreciation & amortization | 122M-1.4% | 124M-0.6% | 125M-1.1% | 126M-8.6% | 138M-2.1% | |
| Intangible amortization | 5.60M-17.6% | 6.80M+0.0% | 6.80M+0.0% | 6.80M-2.9% | 7.00M+1.4% | |
| Share-based compensation | 14.4M-35.1% | 22.2M+6.2% | 20.9M+4.5% | 20.0M+5.3% | 19.0M+23.4% | |
| Deferred income taxes | 5.90M+135.3% | -16.7M+48.9% | -32.7M-954.8% | -3.10M-19.2% | -2.60M+94.9% | |
| Change in receivables | 22.5M+310.3% | -10.7M-220.2% | 8.90M-85.8% | 62.8M+54.3% | 40.7M+137.0% | |
| Change in inventory | -45.4M-233.5% | 34.0M+282.0% | 8.90M-89.2% | 82.4M+104.0% | 40.4M+131.2% | |
| -76.0M+12.6% | -87.0M-71.6% | -50.7M+7.1% | -54.6M-95.7% | -27.9M+44.9% | ||
| Capital expenditure | 73.3M-15.7% | 87.0M-19.6% | 108M+41.8% | 76.3M+173.5% | 27.9M-44.9% | |
| Free cash flow | 157M-22.5% | 203M+36.3% | 149M+53.8% | 96.8M-21.8% | 124M-42.1% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| -212M+29.6% | -302M-225.8% | -92.6M+28.8% | -130M-34.3% | -96.8M+45.8% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 454M+80.1% | 252M+737.9% | 30.1M | 0.00 | 0.00-100.0% | |
| Dividends paid | 53.9M+9.3% | 49.3M+16.8% | 42.2M+25.2% | 33.7M | 0.00-100.0% | |
| FX effect on cash | 3.40M+221.4% | -2.80M-333.3% | 1.20M+128.6% | -4.20M-61.5% | -2.60M-170.3% | |
| Net change in cash | -54.4M+46.5% | -102M-188.3% | 115M+832.5% | -15.7M-164.3% | 24.4M-37.3% | |
| Interest paid | 40.2M+20.0% | 33.5M-3.2% | 34.6M-2.3% | 35.4M-1.9% | 36.1M-13.2% | |
| Income taxes paid | 7.30M-82.7% | 42.2M-28.6% | 59.1M+64.6% | 35.9M+2891.7% | 1.20M+700.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 5.61B+10.2% | 5.09B-18.0% | 6.20B+25.2% | 4.95B+13.9% | 4.35B+7.3% | |
| P/E | 51.3×+33.1% | 38.5×-0.1% | 38.6×-15.8% | 45.8×-83.1% | 270.2×+111.2% | |
| P/S | 3.0×+10.7% | 2.7×-24.1% | 3.5×+7.3% | 3.3×-0.0% | 3.3×+21.6% | |
| P/B | 4.5×+34.6% | 3.3×-11.6% | 3.8×+9.9% | 3.4×+17.0% | 2.9×+9.0% | |
| P/FCF | 35.7×+42.3% | 25.1×-58.6% | 60.6×-11.1% | 68.1×+93.9% | 35.1×+85.1% | |
| Earnings yield | 2.0%-24.9% | 2.6%+0.1% | 2.6%+18.7% | 2.2%+490.3% | 0.37%-52.6% | |
| FCF yield | 2.8%-29.7% | 4.0%+141.6% | 1.7%+12.5% | 1.5%-48.4% | 2.8%-46.0% | |
| Dividend yield | 0.92%-3.8% | 0.96%+41.1% | 0.68%-0.3% | 0.68% | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: HXL’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all HXL filings on SEC EDGAR → Not investment advice.