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Hexcel HXL Composite Materials — Intangible Amortization

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Other financials

Income statement

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Revenue$529.3M+8.0%
Gross profit$138.1M+23.9%
Operating income$72.6M+142%
Net income$49.3M+265%
EPS (diluted)$0.64+276%

Balance sheet

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Cash & equivalents$62.2M-19.4%
Total debt$959.4M+15.9%
Total equity$1.3B-16.5%
Total assets$2.7B-4.0%

Cash flow

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Operating cash flow$77.7M+233%
CapEx$19.7M+28.8%
Free cash flow$58.0M+625%

Valuation

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Market cap$7.89B+62.9%
Enterprise value$8.79B+57.1%
P/E51.4×-3.6×
P/S+1.4×

Profitability

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Gross margin25%+1.6pp
Operating margin11.5%+4.3pp
Net margin7.8%+3.1pp
FCF margin12.9%+3.8pp

Returns & leverage

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Return on equity10.8%+5.1pp
Debt / equity0.7×+0.2×
Current ratio2.4×-0.3×

Where this comes from

Reported directly by Hexcel in its filing.

Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.

The source filing: Hexcel’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:35 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-323941
Goodwill and Intangible Assets / (In millions)Composite / MaterialsEngineered / ProductsTotal
Balance at December 31, 2025$89.9$149.9$239.8
Amortization expense(0.8)(2.0)(2.8)
Currency translation adjustments(1.4)(1.4)
Balance at June 30, 2026$87.7$147.9$235.6

ITEM 1. Condensed Consolidated Financial Statements

FAQ

What is Hexcel's composite materials — intangible amortization?
Hexcel (HXL) reported composite materials — intangible amortization of $400K in Q2 2026.
How has Hexcel's composite materials — intangible amortization changed year-over-year?
Hexcel's composite materials — intangible amortization decreased by 0.0% year-over-year, from $400K to $400K.
What does composite materials — intangible amortization mean?
The periodic expense recognized to allocate the cost of intangible assets, such as patents or customer relationships, over their estimated useful lives. It represents the systematic consumption of the economic value of acquired non-physical assets.

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