Saturday 17 October 2026 Export HXL’s income statement to Excel — free account

Hexcel Corporation

Hexcel Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 8.04%, EPS grew 282.4%, free cash flow grew 625.0% and total debt rose 16.2%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

90.22 0.36 +0.40%

Follow HXL

Alert me

Market cap: $6.8B
P/E: 45.1×
Fwd P/E: 40.7×
Dividend yield: 0.79%
F-score: 6/9
Altman Z: 4.71
Beneish M: −2.54
Dividend safety: 67/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 2.41

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	1	—	—	—	—	—	1	1	—

Insider Ownership 1.07%

Capital & Financial Ratios $m

Market Cap 6,800.00

Revenue 1,978.30

Net Income 153.50

Free Cash Flow 255.60

Net Debt 901.70

Current Ratio 2.43

Debt/Equity 0.74

P/E ratio 45.11

Fwd P/E 40.70

P/S ratio 3.45

P/B ratio 5.26

Past 5Y EPS Growth 29.24%

This Y EPS Growth 36.54%

Next Y EPS Growth 30.71%

Next Y revenue growth 10.62%

Next 5Y EPS Growth 30.21%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 65.86%

10-year low 10-year high

P/S against its own 10 years 79.76%

10-year low 10-year high

P/B against its own 10 years 95.21%

10-year low 10-year high

EV/Sales against its own 10 years 78.88%

10-year low 10-year high

EV/FCF against its own 10 years 27.10%

10-year low 10-year high

Dividends

Payout Ratio 0.36

Annual Dividend Rate 0.71

Annual Dividend Yield 0.79%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.72	0.18 0.18 0.18
2025	0.68	0.17 0.17 0.17 0.17
2024	0.60	0.15 0.15 0.15 0.15
2023	0.50	0.13 0.13 0.13 0.13
2022	0.40	0.10 0.10 0.10 0.10
2021	Powerpack
2020	0.17	0.17
2019	0.64	0.15 0.15 0.17 0.17
2018	0.55	0.13 0.13 0.15 0.15
2017	0.60	0.11 0.11 0.13 0.13 0.13
2016	0.43	0.10 0.11 0.11 0.11

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	227	125	71	62
Receivables	235	212	249	299
Inventory	334	356	329	345
Other	25	37	36	42
	864	782	731	792

	2023	2024	2025	Q'26
Payables	159	142	147	145
ST’ Debt	6	8	4	5
Other	—	4	—	—
	316	354	323	326

Compound Annual Growth %

	10y	5y	3y
Sales	0.17%	4.74%	6.28%
Cash Flow	(2.63%)	(2.70%)	10.02%
Earnings	(7.45%)	28.11%	(4.68%)
Book Value	0.59%	(3.70%)	(6.99%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	502	529	—	—	—
’25	457	490	456	491	1,894
’24	472	500	457	474	1,903
’23	458	454	420	458	1,789
’22	391	393	365	429	1,578
’21	310	320	334	360	1,325
’20	541	379	287	296	1,502

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	19	78	—	—	—
’25	(28)	23	110	126	231
’24	(7)	44	90	163	290
’23	(23)	54	68	159	257
’22	(19)	37	38	117	173
’21	(1)	40	25	88	152
’20	9	65	83	107	264

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(6)	58	—	—	—
’25	(55)	8	97	107	157
’24	(36)	21	73	144	203
’23	(41)	(3)	59	145	159
’22	(40)	42	18	99	118
’21	(6)	36	20	75	124
’20	(19)	52	76	105	214

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.49	0.64	—	—	—
’25	0.35	0.17	0.26	0.60	1.37
’24	0.43	0.60	0.49	0.07	1.59
’23	0.50	0.50	0.45	(0.21)	1.24
’22	0.21	0.53	0.31	0.43	1.49
’21	(0.17)	0.03	0.11	0.22	0.19
’20	0.50	(0.01)	0.12	(0.23)	0.38

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	37.54	49.20	53.50	56.09	24.54	42.91	47.38	58.81	57.50	45.28	Analyst estimates 2026–2028 Powerpack
	High	55.11	63.93	73.42	87.00	80.49	64.99	65.82	79.08	77.09	79.20
People
People	Employees	6,155	6,259	6,626	6,977	4,647	4,863	5,328	5,590	5,894	5,563
	Revenue/emp, $m	0.33	0.32	0.33	0.34	0.32	0.27	0.30	0.32	0.32	0.34
Income, $m
Income, $m	Revenue	2,004	1,973	2,189	2,356	1,502	1,325	1,578	1,789	1,903	1,894
	Gross margin, %	28.17	27.96	26.53	27.19	15.95	18.88	22.63	24.21	24.69	22.96
	EBT	338	323	334	380	(28)	22	150	110	155	135
	EBT margin, %	16.84	16.38	15.23	16.12	(1.84)	1.66	9.49	6.13	8.14	7.13
	Net income	250	284	277	307	32	16	126	106	132	109
	Depreciation	95	105	125	143	142	141	127	125	124	122
Per share, $
Per share, $	Revenue	21.60	21.78	24.90	27.75	17.93	15.75	18.69	21.15	23.12	23.82
	Earnings	2.69	3.13	3.15	3.61	0.38	0.19	1.50	1.25	1.61	1.38
	Cash flow	4.33	4.73	4.79	5.78	3.15	1.80	2.05	3.04	3.52	2.90
	Capex	(3.53)	(3.07)	(2.09)	(2.40)	(0.60)	(0.33)	(0.65)	(1.16)	(1.06)	(0.92)
	Free cash flow	0.79	1.66	2.70	3.38	2.55	1.47	1.40	1.88	2.47	1.98
	Book value	13.41	16.50	15.04	17.03	18.02	17.66	18.41	20.29	18.57	15.73
	Shares, m	93	91	88	85	84	84	84	85	82	80
Valuation, ×
Valuation, ×	P/E	19.29	19.70	18.20	20.31	124.33	272.63	39.27	58.17	38.94	53.17
	P/S	2.41	2.83	2.30	2.64	2.70	3.29	3.15	3.44	2.71	3.10
	P/B	3.88	3.74	3.81	4.30	2.69	2.93	3.20	3.58	3.38	4.70
	EV/Sales	2.74	3.21	2.73	3.07	3.25	3.82	3.55	3.71	3.02	3.59
	EV/FCF	74.63	42.08	25.17	25.22	22.88	40.85	47.50	41.64	28.31	43.26
Cash, $m
Cash, $m	Operating cash flow	401	429	421	491	264	152	173	257	290	231
	Capex	(328)	(278)	(184)	(204)	(51)	(28)	(55)	(98)	(87)	(73)
	Free cash flow	74	151	237	287	214	124	118	159	203	157
Balance, $m
Balance, $m	Working capital	335	395	349	382	353	369	405	548	428	408
	Total debt	689	810	967	1,078	930	829	746	706	709	997
	Net debt	654	750	934	1,013	827	701	634	479	583	926
	Shareholders’ equity	1,245	1,495	1,322	1,446	1,510	1,486	1,554	1,717	1,528	1,251
Returns, %
Returns, %	ROA	10.89	10.96	9.87	10.30	1.05	0.56	4.47	3.67	4.68	4.03
	ROIC	11.86	9.76	10.28	10.81	0.38	1.48	5.01	6.13	5.51	4.93
	ROE	20.61	20.73	19.64	22.15	2.14	1.07	8.31	6.46	8.14	7.87

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
DRS Leonardo DRS, Inc.	$9.5B	29.1×	37.8×	+10.13% (above 0%: growing)	+65.00% (above 0%: growing)	+110.71% (above 0%: growing)	25.96%	11.17%	Compare
KTOS Kratos Defense & Security Solutions, Inc.	$7.7B	238×	313×	+30.53% (above 0%: growing)	0.00%	+12.42% (above 0%: growing)	21.82%	(0.35%)	Compare
SARO StandardAero, Inc.	$7.0B	21.5×	21.8×	+4.63% (above 0%: growing)	+42.86% (above 0%: growing)	+263.74% (above 0%: growing)	16.80%	10.53%	Compare
HXL Hexcel Corporation	$6.8B	45.1×	40.7×	+8.04% (above 0%: growing)	+282.35% (above 0%: growing)	+625.00% (above 0%: growing)	26.09%	13.72%
AVAV AeroVironment, Inc.	$6.3B	— (loss-making)	172×	+5.68% (above 0%: growing)	n/m	+76.92% (above 0%: growing)	25.93%	(2.26%)	Compare
LOAR Loar Holdings Inc.	$5.9B	86.4×	111×	+39.36% (above 0%: growing)	0.00%	+31.01% (above 0%: growing)	53.15%	24.39%	Compare
PL Planet Labs PBC	$5.3B	— (loss-making)	— (loss-making)	+58.14% (above 0%: growing)	n/m	−48.55% (below 0%: shrinking)	56.55%	(11.64%)	Compare
MRCY Mercury Systems Inc	$4.7B	— (loss-making)	239×	+6.11% (above 0%: growing)	−94.79% (below 0%: shrinking)	−15.93% (below 0%: shrinking)	30.57%	4.99%	Compare
VSEC VSE Corporation	$4.5B	51.8×	43.0×	+65.04% (above 0%: growing)	+513.33% (above 0%: growing)	+217.04% (above 0%: growing)	17.02%	10.90%	Compare
Median of peers	$6.1B	51.8×	111×	+20.33%	+21.43%	+53.97%	25.94%	7.76%

All 82 Aerospace & Defense stocks →

Hexcel Corporation (HXL) key facts

Concern: Net income was $109.4 million, or $1.38 per share (basic), a net margin of 5.78%.
Hexcel Corporation (HXL) is an Aerospace & Defense company in the Industrials sector, listed on the New York Stock Exchange.
Hexcel Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, roughly unchanged from fiscal 2024.
As of October 16, 2026, HXL traded at $90.22, a market capitalization of $6.8 billion.
At that price the stock trades at 45.1× trailing-twelve-month earnings and 3.5× sales; its P/E is higher than 66% of its own readings over the past ten years.
Hexcel Corporation pays an annual dividend of $0.71 per share, a yield of 0.79%, with a payout ratio of 35.7%.
Return on equity was 7.87% and debt-to-equity 0.74.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 4.71 (safe zone) for fiscal 2025.