Hexcel

US · HXL #1846 by market cap Listed 1970

83.90 -2.11 -2.45%

Live - 5344 symbols - heartbeat 500s ago · 2026-10-07 20:02

After-hours 83.90 0.00%

Market cap: 6.34B
P/E (TTM): 42.37
P/B: 4.89
EPS: 1.37
Div yield: 0.83%
52W pos: 46%

Reader sentiment Are you bullish or bearish on HXL?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 4.90, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year -0.48% YoY

Margins

Gross margin: 22.96%
Operating margin: 9.06%
Net margin: 5.78%

Key ratios & quality

Altman Z-Score: 4.90

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	2.19B	2.36B	1.50B	1.32B	1.58B	1.79B	1.90B	1.89B
Gross profit	580.80M	640.40M	239.70M	250.10M	357.10M	433.20M	469.80M	434.80M
Selling & admin expenses	146.00M	158.70M	121.10M	135.00M	148.00M	163.80M	176.60M	169.00M
Research & development	55.90M	56.50M	46.60M	45.10M	45.80M	52.70M	57.10M	56.40M
Operating profit	371.20M	425.20M	14.10M	51.80M	175.20M	215.30M	186.10M	171.60M
Pretax profit	333.50M	379.70M	-27.70M	22.00M	149.80M	109.70M	154.90M	135.00M
Tax	62.50M	76.80M	-61.00M	5.90M	31.60M	12.10M	22.80M	25.60M
Net profit	276.60M	306.60M	31.70M	16.10M	126.30M	105.70M	132.10M	109.40M
Basic EPS	3	4	0	0	2	1	2	1
Diluted EPS	3.11	3.57	0.38	0.19	1.49	1.24	1.59	1.37

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	456.50M	489.90M	456.20M	491.30M	501.50M	529.30M
Gross profit	102.40M	111.50M	99.90M	121.00M	134.70M	138.10M
Selling & admin expenses	43.30M	43.00M	41.10M	41.60M	49.40M	47.20M
Research & development	13.80M	14.30M	14.00M	14.30M	17.80M	17.30M
Operating profit	44.20M	30.00M	36.00M	61.40M	57.60M	72.60M
Pretax profit	36.00M	21.80M	26.80M	50.40M	45.50M	60.70M
Tax	7.10M	8.30M	6.20M	4.00M	8.30M	11.40M
Net profit	28.90M	13.50M	20.60M	46.40M	37.20M	49.30M
Basic EPS	0	0	0	1	0	1
Diluted EPS	0.35	0.17	0.26	0.60	0.49	0.64

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	675.80M	704.90M	535.90M	616.30M	734.40M	864.20M	781.50M	730.70M
Cash & ST investments	32.70M	64.40M	103.30M	127.70M	112.00M	227.00M	125.40M	71.00M
Inventory	297.80M	333.10M	213.50M	245.70M	319.30M	334.40M	356.20M	328.80M
Total assets	2.82B	3.13B	2.92B	2.82B	2.84B	2.92B	2.73B	2.70B
Total current liabilities	326.70M	322.60M	183.10M	247.60M	329.80M	315.90M	353.50M	322.70M
Short-term debt	9.40M	9.50M	900.00K	900.00K	200.00K	100.00K	100.00K	--
Long-term debt	946.60M	1.05B	923.00M	820.90M	721.90M	697.70M	698.70M	990.90M
Total liabilities	1,502,100,000.00	1,682,500,000.00	1,407,600,000.00	1,333,900,000.00	1,283,100,000.00	1,202,000,000.00	1,197,700,000.00	1,453,300,000.00
Total equity	1.32B	1.45B	1.51B	1.49B	1.55B	1.72B	1.53B	1.25B
Retained earnings	1.73B	1.98B	2.00B	2.01B	2.10B	2.17B	2.25B	2.31B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	822.50M	847.40M	787.40M	730.70M	769.70M	792.20M
Cash & ST investments	89.20M	77.20M	90.50M	71.00M	54.10M	62.20M
Inventory	381.50M	375.40M	357.60M	328.80M	339.80M	345.20M
Total assets	2.78B	2.84B	2.76B	2.70B	2.72B	2.73B
Total current liabilities	317.50M	315.50M	286.00M	322.70M	313.70M	326.40M
Short-term debt	100.00K	--	--	--	--	--
Long-term debt	785.20M	825.40M	755.60M	990.90M	996.10M	957.50M
Total liabilities	1,246,600,000.00	1,289,400,000.00	1,191,700,000.00	1,453,300,000.00	1,457,700,000.00	1,432,400,000.00
Total equity	1.53B	1.55B	1.57B	1.25B	1.27B	1.30B
Retained earnings	2.27B	2.27B	2.27B	2.31B	2.33B	2.37B

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	421.40M	491.10M	264.30M	151.70M	173.10M	257.10M	289.90M	230.50M
Depreciation & amortization	123.10M	141.70M	140.90M	138.00M	126.20M	124.80M	124.00M	122.30M
Free cash flow	237.30M	287.00M	213.70M	123.80M	96.80M	148.90M	202.90M	157.20M
Dividends paid	-48.40M	-54.20M	-14.20M	0	-33.70M	-42.20M	-49.30M	-53.90M
Stock buybacks / issuance	-357.70M	-143.00M	-24.60M	0	0	-30.10M	-252.20M	-454.30M
Ending cash balance	32.70M	64.40M	103.30M	127.70M	112.00M	227.00M	125.40M	71.00M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	-28.50M	23.30M	110.20M	125.50M	19.00M	77.70M
Depreciation & amortization	29.80M	30.80M	30.90M	30.80M	30.40M	30.10M
Free cash flow	-54.60M	8.00M	96.50M	107.30M	-6.20M	58.00M
Dividends paid	-13.80M	-13.70M	-13.50M	-12.90M	-13.70M	-13.60M
Stock buybacks / issuance	-50.40M	-50.50M	0	-353.40M	0	0
Ending cash balance	89.20M	77.20M	90.50M	71.00M	54.10M	62.20M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	19.64	22.15	2.14	1.07	8.31	6.46	8.14	7.87
ROA %	9.87	10.30	1.05	0.56	4.47	3.67	4.68	4.03
ROIC %	13.40	14.33	2.52	1.86	6.75	5.79	6.83	6.26
5-year avg ROE %	19.89	20.70	17.05	13.15	10.66	8.03	5.23	6.37
EBIT margin %	16.96	18.05	0.94	4.55	11.79	8.03	9.78	9.12
FCF / sales %	10.84	12.18	14.22	9.35	6.14	8.32	10.66	8.30
Current ratio	2.07	2.19	2.93	2.49	2.23	2.74	2.21	2.26
Quick ratio	1.05	1.07	1.48	1.29	1.11	1.54	1.04	1.10
Debt / assets	33.88	33.88	31.75	29.20	25.50	23.97	25.71	36.72
LT debt / equity	71.66	72.65	61.28	55.36	46.54	40.75	45.85	79.40
Interest coverage	9.85	9.35	0.34	1.57	5.14	4.23	5.96	4.58
Revenue CAGR (3Y) %	5.56	5.53	-8.69	-15.42	-12.51	5.99	12.83	6.28
Net income CAGR (3Y) %	5.26	7.07	-51.85	-61.25	-25.59	49.40	101.69	-4.68
FCF CAGR (3Y) %	--	57.47	12.37	-19.50	-30.39	-11.35	17.90	17.54

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	7.87	5.63	4.36	7.87	8.41	10.76
ROA %	4.45	3.10	2.45	4.03	4.28	5.51
ROIC %	6.54	4.92	4.08	6.26	6.62	8.23
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	9.38	7.25	6.37	9.12	9.60	11.53
FCF / sales %	9.75	9.10	10.33	8.30	10.60	12.92
Current ratio	2.59	2.69	2.75	2.26	2.45	2.43
Quick ratio	1.21	1.23	1.27	1.10	1.23	1.23
Debt / assets	28.32	29.11	27.48	36.72	36.64	35.14
LT debt / equity	51.36	53.27	48.38	79.40	78.83	73.90
Interest coverage	5.45	4.06	3.50	4.58	4.47	5.11
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Single-engine

Composite Materials is the largest reported line at 84.77% of revenue, across 3 reported segments.
The next-largest line, Engineered Products, is a distant second at 20.65% - a sharp slowdown here would have little to offset it.

Revenue breakdown most recent period

Business

Composite Materials84.77%

Engineered Products20.65%

Quote time 2026-10-07 20:02:24 · For reference only, not investment advice and not tailored to your situation.