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Hexcel HXL Engineered Products — Operating Income

Other segment segments

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-$27.3M-76.1%

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DOVEngineered Products — Earnings from continuing operations:
$44.99M+2.0%

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 engineered products — operating income?
Hexcel (HXL) reported engineered products — operating income of $15.2M in Q1 2026.
How has Hexcel's engineered products — operating income changed year-over-year?
Hexcel's engineered products — operating income increased by 198.0% year-over-year, from $5.1M to $15.2M.
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.