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Hexcel HXL Composite Materials — Goodwill

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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:Goodwill.

The source filing: Hexcel’s 10-K, filed February 11, 2026.

Filed
Feb 10, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001193125-26-046377

We performed our annual impairment review of goodwill as of November 30, 2025 and determined that it was more likely than not that the fair values of our reporting units are above their carrying values and that no impairment exists. The goodwill and intangible asset balances as of December 31, 2025 included $6.6 million of indefinite-lived intangible assets, $41.6 million of a definite-lived intangible asset (net of accumulated amortization of $48.2 million) and $191.6 million of goodwill. Of the $191.6 million of goodwill, $76.2 million is allocated to the Composite Materials segment and $115.4 million to the Engineered Products segment.

ITEM 16. Form 10-K Summary

FAQ

What is Hexcel's composite materials — goodwill?
Hexcel (HXL) reported composite materials — goodwill of $76.2M in Q4 2025.
How has Hexcel's composite materials — goodwill changed year-over-year?
Hexcel's composite materials — goodwill increased by 7.2% year-over-year, from $71.1M to $76.2M.
What does composite materials — goodwill mean?
Represents the premium paid over the fair value of net identifiable assets during business acquisitions within the segment. It reflects the value of synergies, market presence, and other intangible benefits expected from past acquisitions.

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