Hexcel Corporation
NYSE:HXL · New York Stock Exchange
+$0.90 today
Vol 1.06M · Avg 1.05M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NYSE:HXL · Revenue to Net Income
Key Ratios
Analysis
$1.9B of revenue converted into $117.7M of net income for the selected period. Gross margin is 23.6% and net margin is 6.1%, showing how much revenue survives after costs and taxes. EPS is $1.52, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B -0.5% | $1.9B +6.4% | $1.8B +13.4% | $1.6B +19.1% | $1.3B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $1.5B +1.8% | $1.4B +5.7% | $1.4B +11.1% | $1.2B +13.6% | $1.1B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $434.8M -7.4% | $469.8M +8.4% | $433.2M +21.3% | $357.1M +42.8% | $250.1M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 23.0% -1.7pp | 24.7% +0.5pp | 24.2% +1.6pp | 22.6% +3.8pp | 18.9% | 9.8% | 28.9% | 38.3% |
| Research & Development | $56.4M -1.2% | $57.1M +8.3% | $52.7M +15.1% | $45.8M +1.6% | $45.1M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $169.0M -4.3% | $176.6M +7.8% | $163.8M +10.7% | $148.0M +9.6% | $135.0M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $263.2M -7.2% | $283.7M +30.2% | $217.9M +19.8% | $181.9M -8.3% | $198.3M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $122.3M -1.4% | $124.0M -0.6% | $124.8M -1.1% | $126.2M -8.6% | $138.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $295.0M -4.9% | $310.1M +15.5% | $268.5M -14.0% | $312.2M +57.4% | $198.3M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 15.6% -0.7pp | 16.3% +1.3pp | 15.0% -4.8pp | 19.8% +4.8pp | 15.0% | 5.6% | 46.3% | 42.0% |
| Operating Income | $171.6M -7.8% | $186.1M -13.6% | $215.3M +22.9% | $175.2M +238.2% | $51.8M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 9.1% -0.7pp | 9.8% -2.3pp | 12.0% +0.9pp | 11.1% +7.2pp | 3.9% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $37.7M +20.8% | $31.2M -8.2% | $34.0M -6.1% | $36.2M -5.5% | $38.3M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$36.6M -17.3% | -$31.2M +68.0% | -$97.5M -463.6% | -$17.3M +41.9% | -$29.8M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $135.0M -12.8% | $154.9M +31.5% | $117.8M -25.4% | $157.9M +617.7% | $22.0M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 7.1% -1.0pp | 8.1% +1.6pp | 6.6% -3.4pp | 10.0% +8.3pp | 1.7% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $25.6M +12.3% | $22.8M +88.4% | $12.1M -61.7% | $31.6M +435.6% | $5.9M | $1.3B | -$1.6B | $745.2M |
| Net Income | $109.4M -17.2% | $132.1M +25.0% | $105.7M -16.3% | $126.3M +684.5% | $16.1M | $4.9B | $4.8B | $4.7B |
| Net Margin | 5.8% -1.2pp | 6.9% +1.0pp | 5.9% -2.1pp | 8.0% +6.8pp | 1.2% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 -14.3% | $2 +28.8% | $1 -16.7% | $2 +689.5% | $0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 -13.8% | $2 +28.2% | $1 -16.8% | $1 +684.2% | $0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $79.5M -3.4% | $82.3M -2.7% | $84.6M +0.2% | $84.4M +0.4% | $84.1M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $80.0M -3.6% | $83.0M -2.9% | $85.5M +0.6% | $85.0M +0.5% | $84.6M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Planet Labs PBC
NYSE:PL
$9.10B
EnPro Industries, Inc.
NYSE:NPO
$7.84B
Ralliant Corp.
NYSE:RAL
$7.73B
Mercury Systems, Inc.
NASDAQ:MRCY
$7.03B
Granite Construction Incorporated
NYSE:GVA
$6.40B
Kanzhun Limited
NASDAQ:BZ
$6.18B
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
NASDAQ:OMAB
$5.38B
Amentum Holdings, Inc.
NYSE:AMTM
$5.17B
Firefly Aerospace Inc.
NASDAQ:FLY
$4.99B
Spirit AeroSystems Holdings, Inc.
SPR
$4.64B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does HXL generate?
Hexcel Corporation (HXL) reported $1.89B of revenue in fiscal 2025.
Is HXL profitable?
Hexcel Corporation (HXL) reported $109.40M of net income, with a net margin of 5.8%.
Explore More
Continue the stock analysis
Jump to another research area for this company.