Wednesday 4 November 2026
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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%
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Hexcel Corporation (HXL) revenue by segment, product and region
Where the money comes from and where it goes
| Commercial Aerospace | 1,147 | 60.56% |
|---|---|---|
| Defense Space & Other | 747 | 39.44% |
| Gross margin | 22.96% | |
| Operating margin | 9.06% | |
| Pre-tax margin | 7.13% |
Revenue by product or service $m
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Commercial Aerospace | 1,147 60.56% | 1,194 62.75% | 1,068 59.71% | 912 57.79% | 668 50.44% | 822 54.73% | 1,598 67.82% | 1,525 69.66% | 1,410 71.44% |
| Defense Space & Other | 747 39.44% | 709 37.25% | 721 40.29% | 465 29.49% | 435 32.83% | 449 29.85% | 445 18.88% | 370 16.90% | 344 17.42% |
| Industrial | — | — | — | 201 12.72% | 222 16.73% | 232 15.42% | 313 13.30% | 294 13.44% | 220 11.14% |
| Revenue | 1,894 | 1,903 | 1,789 | 1,578 | 1,325 | 1,502 | 2,356 | 2,189 | 1,973 |
Revenue by segment $m
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Composite Materials | 1,516 80.06% | 1,531 80.45% | 1,474 82.40% | 1,280 81.11% | 1,019 76.95% | 1,186 78.93% | 1,863 79.09% | 1,771 80.88% | 1,597 80.94% | 1,610 80.33% |
| Engineered Products | 378 19.94% | 372 19.55% | 315 17.60% | 298 18.89% | 305 23.05% | 317 21.07% | 493 20.91% | 419 19.12% | 376 19.06% | 394 19.67% |
| Corporate & Other and Intersegment Elimination | (83) (4.37%) | (91) (4.79%) | (73) (4.08%) | (69) (4.38%) | — | — | — | — | — | — |
| Other, not broken out | 83 4.37% | 91 4.79% | 73 4.08% | 69 4.38% | — | — | — | — | — | — |
| Revenue | 1,894 | 1,903 | 1,789 | 1,578 | 1,325 | 1,502 | 2,356 | 2,189 | 1,973 | 2,004 |