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Hexcel HXL Composite Materials — Goodwill And Intangible Asset Impairment

Other segment segments

Engineered Products
$0+100%

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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$7.82B+63.4%
Enterprise value$8.72B+57.4%
P/E51×-3.4×
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:GoodwillAndIntangibleAssetImpairment.

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
(In millions)Composite MaterialsEngineered ProductsTotal
Balance as of December 31, 2023$87.2$164.1$251.3
Amortization expense(1.8)(5.0)(6.8)
Intangible Asset Impairment(5.2)(5.2)
Currency translation adjustments and other(2.3)(2.3)
Balance as of December 31, 2024$83.1$153.9$237.0
Amortization expense(1.6)(4.0)(5.6)
Intangible Asset Impairment
Currency translation adjustments and other8.48.4

ITEM 16. Form 10-K Summary

FAQ

What is Hexcel's composite materials — goodwill and intangible asset impairment?
Hexcel (HXL) reported composite materials — goodwill and intangible asset impairment of $0 in Q4 2025.
What does composite materials — goodwill and intangible asset impairment mean?
The charge recognized when the carrying value of goodwill or intangible assets exceeds their fair value, indicating a decline in the expected future economic benefits of those assets. This metric is a critical indicator of potential strategic missteps or adverse market shifts.

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