Hexcel Corporation

HXL Industrials Aerospace & Defense

Hexcel Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, roughly unchanged from fiscal 2024.

Revenue
+8.81%
EPS
+96.2%
Free cash flow
−47.5%
Total debt
+23.5%

Quarter to September 2026, against a year earlier

83.06 1.23 +1.50%
Market cap
$6.2B
P/E
36.5×
Fwd P/E
34.2×
Dividend yield
0.88%
F-score
6/9
Altman Z
4.71
Beneish M
−2.54
Dividend safety
67/100

Hexcel Corporation (HXL) Debt to equity

Alert me on Debt to equity

Hexcel Corporation's debt to equity at the end of the quarter to 30 September 2026 was 0.7×, down 0.1× from fiscal 2025 (0.8×). Over the past ten years it has ranged from 0.4× (fiscal 2023) to 0.8× (fiscal 2025) — the current reading is the highest in ten years. That is above the Aerospace & Defense industry median of 0.2× and above the Industrials sector median of 0.3×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 0.8× 71.84%
FY2024 0.5× 12.85%
FY2023 0.4× (14.32%)
FY2022 0.5× (14.05%)
FY2021 0.6× (9.37%)
FY2020 0.6× (17.38%)
FY2019 0.7× 1.94%
FY2018 0.7× 34.96%
FY2017 0.5× (2.08%)
FY2016 0.6× 13.20%

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.7× (4.43%)
Jun 2026 0.7× (5.97%)
Mar 2026 0.8× (0.93%)
Dec 2025 0.8× 64.13%
43 more quarters

Against its own ten years

Low 0.4× High 0.8×
Ten-year median 0.6×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
BETA BETA Technologies, Inc. compare 0.0×
KTOS Kratos Defense & Security Solutions, Inc. compare 0.0×
AVAV AeroVironment, Inc. compare 0.2×
MRCY Mercury Systems Inc compare 0.3×
HXL Hexcel Corporation 0.7×
LOAR Loar Holdings Inc. compare 0.8×
PL Planet Labs PBC compare 0.8×
SARO StandardAero, Inc. compare 0.8×
KRMN Karman Holdings Inc. compare 2.0×
Aerospace & Defense industry median 0.2×
Industrials sector median 0.3×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on HXL