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Hexcel HXL Engineered Products — Operating Income

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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:OperatingIncomeLoss.

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
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
Depreciation and amortization27.03.1-30.1
Stock-based compensation1.20.33.75.2
Accrual basis additions to capital expenditures16.92.619.5
Quarter Ended June 30, 2025

ITEM 1. Condensed Consolidated Financial Statements

FAQ

What is Hexcel's engineered products — operating income?
Hexcel (HXL) reported engineered products — operating income of $16.4M in Q2 2026.
How has Hexcel's engineered products — operating income changed year-over-year?
Hexcel's engineered products — operating income increased by 220.6% year-over-year, from -$13.6M to $16.4M.
What is the long-term trend for Hexcel's engineered products — operating income?
Over 4 years (2021 to 2025), Hexcel's engineered products — operating income has grown at a -10.3% compound annual growth rate (CAGR), from $20.2M to $13.1M.
What does engineered products — operating income mean?
Calculated as gross profit minus operating expenses, including selling, general, administrative, and research costs, as well as net other operating income or expenses. This is the primary measure of the segment's operational profitability and management's ability to generate earnings from its core business activities. It is a key indicator of the segment's overall financial health.

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