Hexcel › Financials
Hexcel financials
HXLTen years from Hexcel’s own SEC filings. Fiscal years end in December.
Income statement
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.00B | $1.97B | $2.19B | $2.36B | $1.50B | $1.32B | $1.58B | $1.79B | $1.90B | $1.89B | $1.98B | — |
| Gross profit | $564.6M | $551.8M | $580.8M | $640.4M | $239.7M | $250.1M | $357.1M | $433.2M | $469.8M | $434.8M | $493.7M | — |
| Operating income | $360.1M | $350.6M | $371.2M | $425.2M | $14.1M | $51.8M | $175.2M | $215.3M | $186.1M | $171.6M | $227.6M | — |
| Net income | $249.8M | $284.0M | $276.6M | $306.6M | $31.7M | $16.1M | $126.3M | $105.7M | $132.1M | $109.4M | — | — |
Balance sheet
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $35.2M | $60.1M | $32.7M | $64.4M | $103.3M | $127.7M | $112.0M | $227.0M | $125.4M | $71.0M | — | $62.2M |
| Total assets | $2.40B | $2.78B | $2.82B | $3.13B | $2.92B | $2.82B | $2.84B | $2.92B | $2.73B | $2.70B | — | $2.73B |
| Debt | $688.7M | $809.9M | $956.8M | $1.06B | $926.4M | $823.3M | $723.5M | $699.5M | $700.7M | $993.0M | — | $959.4M |
| Total liabilities | $1.16B | $1.29B | $1.50B | $1.68B | $1.41B | $1.33B | $1.28B | $1.20B | $1.20B | $1.45B | — | $1.43B |
| Shareholders' equity | $1.24B | $1.50B | $1.32B | $1.45B | $1.51B | $1.49B | $1.55B | $1.72B | $1.53B | $1.25B | — | $1.30B |
Cash flow
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $401.4M | $428.7M | $421.4M | $491.1M | $264.3M | $151.7M | $173.1M | $257.1M | $289.9M | $230.5M | $332.4M | — |
| Capital spending | $327.9M | $278.1M | $184.1M | $204.1M | $50.6M | $27.9M | $76.3M | $108.2M | $87.0M | $73.3M | $76.8M | — |
| Free cash flow | $73.5M | $150.6M | $237.3M | $287.0M | $213.7M | $123.8M | $96.8M | $148.9M | $202.9M | $157.2M | $255.6M | — |
| Buybacks | $111.1M | $150.3M | $357.7M | $143.0M | $24.6M | $0 | $0 | $30.1M | $252.2M | $454.3M | $353.4M | — |
| Dividends | $39.8M | $42.6M | $48.4M | $4.2M | $14.2M | $0 | $33.7M | $42.2M | $49.3M | $53.9M | $53.7M | — |
| Returned to shareholders | $150.9M | $192.9M | $406.1M | $147.2M | $38.8M | $0 | $33.7M | $72.3M | $301.5M | $508.2M | $407.1M | — |
| Stock-based pay | $16.1M | $17.6M | $16.2M | $18.3M | $15.4M | $19.0M | $20.0M | $20.9M | $22.2M | $14.4M | $16.5M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Hexcel financials, answered
What is Hexcel's market cap?
$6.82B at $90.22 a share, with 75,623,452 shares outstanding as of Jul 27, 2026, from the cover of its latest SEC filing.
How much does Hexcel earn?
Revenue of $1.98B (last 12 months to Jun 2026) and net income of $109.4M (fiscal 2025).
How much debt does Hexcel have?
Hexcel reported $959.4M of debt and $62.2M of cash and equivalents on its balance sheet in Jun 2026.
Does Hexcel make free cash flow?
Yes. Operating cash flow minus capital spending was $255.6M in the last 12 months to Jun 2026.
How much cash does Hexcel return to shareholders?
$508.2M in buybacks and dividends in fiscal 2025, from the cash flow statement.