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Hexcel HXL Composite Materials — Cost of Goods Sold

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$87.8M+7.7%
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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:CostOfGoodsAndServicesSold.

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
(In millions) / Quarter Ended June 30, 2026Composite / MaterialsEngineered / ProductsCorporate & / Other (a)Total
Net sales to external customers$421.5$107.8$529.3
Intersegment sales27.21.5(28.7)
Total sales448.7109.3(28.7)529.3
Cost of sales331.887.8(28.4)391.2
Gross margin116.921.5(0.3)138.1
Selling, general and administrative expenses25.93.717.647.2
Research and development expenses15.81.40.117.3
Other operating expense1.01.0

ITEM 1. Condensed Consolidated Financial Statements

FAQ

What is Hexcel's composite materials — cost of goods sold?
Hexcel (HXL) reported composite materials — cost of goods sold of $331.8M in Q2 2026.
How has Hexcel's composite materials — cost of goods sold changed year-over-year?
Hexcel's composite materials — cost of goods sold increased by 5.1% year-over-year, from $315.7M to $331.8M.
What is the long-term trend for Hexcel's composite materials — cost of goods sold?
Over 3 years (2022 to 2025), Hexcel's composite materials — cost of goods sold has grown at a 5.4% compound annual growth rate (CAGR), from $1.04B to $1.22B.
What does composite materials — cost of goods sold mean?
Includes all direct costs associated with the manufacturing and delivery of composite materials, such as raw materials, direct labor, and factory overhead. Monitoring this metric is essential for assessing production efficiency and the impact of input cost volatility on the segment's profitability. It provides insight into the cost structure of the company's core manufacturing operations.

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