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Hexcel HXL Composite Materials — Operating Income

Other segment segments

Corporate Reconciling Items And Eliminations
-$27.3M-76.1%
Engineered Products
$15.2M+198%

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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:OperatingIncomeLoss.

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 — operating income?
Hexcel (HXL) reported composite materials — operating income of $69.7M in Q1 2026.
How has Hexcel's composite materials — operating income changed year-over-year?
Hexcel's composite materials — operating income increased by 27.7% year-over-year, from $54.6M to $69.7M.
What is the long-term trend for Hexcel's composite materials — operating income?
Over 4 years (2021 to 2025), Hexcel's composite materials — operating income has grown at a 25.9% compound annual growth rate (CAGR), from $88.1M to $221M.
What does composite materials — operating income mean?
Measures the segment's profitability after accounting for all production costs, operating expenses, and R&D investments. It is the primary indicator of the segment's operational health and its ability to generate sustainable earnings from its core business activities. This figure is essential for comparing the segment's performance against industry peers.