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Hexcel HXL Composite Materials — Gross Profit

Other segment segments

Engineered Products
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Corporate Reconciling Items And Eliminations
$0+100%

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Other financials

Income statement

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Revenue$501.5M+9.9%
Gross profit$134.7M+31.5%
Operating income$57.6M+30.3%
Net income$37.2M+28.7%
EPS (diluted)$0.49+40.0%

Balance sheet

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Cash & equivalents$54.1M-39.3%
Total debt$998.1M+26.8%
Total equity$1.3B-17.4%
Total assets$2.7B-2.0%

Cash flow

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Operating cash flow$19.0M+167%
CapEx$25.2M-3.4%
Free cash flow-$6.2M+88.6%

Valuation

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Market cap$7.36B+39.5%
Enterprise value$8.31B+38.9%
P/E62.6×+20.2×
P/S3.8×+1.0×

Profitability

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Gross margin24.1%0.0pp
Operating margin9.5%+0.1pp
Net margin6.1%-0.5pp
FCF margin10.6%+0.9pp

Returns & leverage

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Return on equity8.4%+0.5pp
Debt / equity0.8×+0.3×
Current ratio2.5×-0.1×

Where this comes from

Reported directly by Hexcel in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The official record: Hexcel’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hexcel's composite materials — gross profit?
Hexcel (HXL) reported composite materials — gross profit of $113.9M in Q1 2026.
How has Hexcel's composite materials — gross profit changed year-over-year?
Hexcel's composite materials — gross profit increased by 23.9% year-over-year, from $91.9M to $113.9M.
What is the long-term trend for Hexcel's composite materials — gross profit?
Over 3 years (2022 to 2025), Hexcel's composite materials — gross profit has grown at a 7.2% compound annual growth rate (CAGR), from $306.4M to $377.6M.
What does composite materials — gross profit mean?
Calculated as the difference between segment revenue and the direct costs of producing composite materials. This metric indicates the segment's ability to manage production costs and maintain pricing power in the competitive aerospace supply chain. It serves as a fundamental measure of the profitability of the segment's core manufacturing activities before operating expenses.