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Hexcel HXL Engineered Products — Gross Profit

Other segment segments

Composite Materials
$116.9M+20.6%
Corporate Reconciling Items And Eliminations
-$300K+70.0%

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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:GrossProfit.

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
Intersegment sales27.21.5(28.7)
Total sales448.7109.3(28.7)529.3
Cost of sales331.887.8(28.4)391.2
Gross margin116.921.5(0.3)138.1
Selling, general and administrative expenses25.93.717.647.2
Research and development expenses15.81.40.117.3
Other operating expense1.01.0
Operating income (loss)74.216.4(18.0)72.6

ITEM 1. Condensed Consolidated Financial Statements

FAQ

What is Hexcel's engineered products — gross profit?
Hexcel (HXL) reported engineered products — gross profit of $21.5M in Q2 2026.
How has Hexcel's engineered products — gross profit changed year-over-year?
Hexcel's engineered products — gross profit increased by 37.8% year-over-year, from $15.6M to $21.5M.
What is the long-term trend for Hexcel's engineered products — gross profit?
Over 3 years (2022 to 2025), Hexcel's engineered products — gross profit has grown at a 2.8% compound annual growth rate (CAGR), from $56.8M to $61.7M.
What does engineered products — gross profit mean?
Calculated as segment revenue minus the cost of goods and services sold, representing the fundamental profitability of the segment's manufacturing operations. This metric indicates the segment's ability to manage production costs and pricing power. It serves as a critical measure of operational efficiency before accounting for overhead and administrative expenses.

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