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Hexcel HXL Composite Materials — D&A

Other segment segments

Engineered Products
$3.1M+14.8%
Corporate Reconciling Items And Eliminations
$0

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$23M-34.3%

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:DepreciationDepletionAndAmortization.

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
Research and development expenses15.81.40.117.3
Other operating expense1.01.0
Operating income (loss)74.216.4(18.0)72.6
Depreciation and amortization27.03.1-30.1
Stock-based compensation1.20.33.75.2
Accrual basis additions to capital expenditures16.92.619.5
Quarter Ended June 30, 2025
Net sales to external customers$393.2$96.7$489.9

ITEM 1. Condensed Consolidated Financial Statements

FAQ

What is Hexcel's composite materials — D&A?
Hexcel (HXL) reported composite materials — D&A of $27M in Q2 2026.
How has Hexcel's composite materials — D&A changed year-over-year?
Hexcel's composite materials — D&A increased by 0.4% year-over-year, from $26.9M to $27M.
What is the long-term trend for Hexcel's composite materials — D&A?
Over 4 years (2021 to 2025), Hexcel's composite materials — D&A has grown at a -3.1% compound annual growth rate (CAGR), from $123.4M to $108.8M.
What does composite materials — D&A mean?
Represents the non-cash allocation of the cost of tangible and intangible assets over their useful lives within the segment. This metric reflects the capital intensity of the manufacturing operations and the ongoing need for investment in production facilities and technology. It is a key component in reconciling net income to cash flow from operations.

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