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Hexcel HXL Operating Lease Liabilities (Current)

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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$7.82B+63.4%
Enterprise value$8.72B+57.4%
P/E51×-3.4×
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:OperatingLeaseLiabilityCurrent.

The source filing: Hexcel’s 10-K, filed February 11, 2026.

Filed
Feb 10, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001193125-26-046377

At December 31, 2025, we had approximately $25.7 million of right of use assets recorded in non-current other assets, and $25.7 million of related liabilities, $18.7 million of which was included in other non-current liabilities with the current portion of $7.0 million included in accrued liabilities. The weighted average of the remaining lease terms was approximately 5 years. We discount the future lease payments of our leases using the prevailing rates extended to us by our lenders relevant to the period of inception. These rates are comprised of SOFR plus a stated spread less a component related to collateralization. The rates are relative to the duration of the lease at inception and the country of origin. The weighted average interest rate used in calculating the fair values listed above was 4.2%.

ITEM 16. Form 10-K Summary

FAQ

What is Hexcel's operating lease liabilities (current)?
Hexcel (HXL) reported operating lease liabilities (current) of $7M in Q4 2025.
How has Hexcel's operating lease liabilities (current) changed year-over-year?
Hexcel's operating lease liabilities (current) increased by 16.7% year-over-year, from $6M to $7M.
What is the long-term trend for Hexcel's operating lease liabilities (current)?
Over 5 years (2020 to 2025), Hexcel's operating lease liabilities (current) has grown at a -10.2% compound annual growth rate (CAGR), from $12M to $7M.
What does operating lease liabilities (current) mean?
The current portion of operating lease obligations due within one year, representing committed future lease payments under ASC 842.

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