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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›HXL›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

HEXCEL CORP /DE/ (HXL) financials

Income statement

HEXCEL CORP /DE/ (HXL) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$2.00B$1.97B$2.19B$2.36B$1.50B$1.32B$1.58B$1.79B$1.90B$1.89B
Revenue growth—-1.5%10.9%7.6%-36.2%-11.8%19.1%13.4%6.4%-0.5%
Gross profit$565M$552M$581M$640M$240M$250M$357M$433M$470M$435M
Gross margin28.2%28.0%26.5%27.2%16.0%18.9%22.6%24.2%24.7%23.0%
Operating income$360M$351M$371M$425M$14.1M$51.8M$175M$215M$186M$172M
Operating margin18.0%17.8%17.0%18.0%0.9%3.9%11.1%12.0%9.8%9.1%
Net income$250M$284M$277M$307M$31.7M$16.1M$126M$106M$132M$109M
Net margin12.5%14.4%12.6%13.0%2.1%1.2%8.0%5.9%6.9%5.8%

Cash flow

HEXCEL CORP /DE/ (HXL) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$401M$429M$421M$491M$264M$152M$173M$257M$290M$231M
Capital expenditures$328M$278M$184M$204M$50.6M$27.9M$76.3M$108M$87.0M$73.3M
Free cash flow$73.5M$151M$237M$287M$214M$124M$96.8M$149M$203M$157M
Share buybacks$111M$150M$358M$143M$24.6M$0.00$0.00$30.1M$252M$454M
Dividends paid$39.8M$42.6M$48.4M$4.20M$14.2M$0.00$33.7M$42.2M$49.3M$53.9M

Balance sheet

HEXCEL CORP /DE/ (HXL) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$35.2M$60.1M$32.7M$64.4M$103M$128M$112M$227M$125M$71.0M
Total assets$2.40B$2.78B$2.82B$3.13B$2.92B$2.82B$2.84B$2.92B$2.73B$2.70B
Total liabilities$1.16B$1.29B$1.50B$1.68B$1.41B$1.33B$1.28B$1.20B$1.20B$1.45B
Long-term debt$684M$806M$947M$1.05B$926M$822M$723M$699M$701M$993M
Shareholders' equity$1.24B$1.50B$1.32B$1.45B$1.51B$1.49B$1.55B$1.72B$1.53B$1.25B
Retained earnings$1.25B$1.50B$1.73B$1.98B$2.00B$2.01B$2.10B$2.17B$2.25B$2.31B
Shares (wtd avg diluted)94.2M91.9M89.0M85.8M84.0M84.6M85.0M85.5M83.0M80.0M

Every figure is extracted from HEXCEL CORP /DE/’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is HEXCEL CORP /DE/'s annual revenue?
HEXCEL CORP /DE/ (HXL) reported $1.89B of revenue for fiscal year 2025 — down 0.5% from $1.90B in FY2024, per its annual report filed with the SEC.
Is HEXCEL CORP /DE/ profitable?
Yes — HXL earned $109M of net income in FY2025, a 5.8% net margin, per SEC filings.
What is HEXCEL CORP /DE/'s free cash flow?
$157M in FY2025 (operating cash flow $231M minus $73.3M of capital expenditures), from the SEC cash-flow statement.
Does HXL pay a dividend?
Yes — HEXCEL CORP /DE/ paid $53.9M in cash dividends during FY2025, per its SEC cash-flow statement.
Full HXL analysis — verdict, score & filings →Is HXL a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.