Hexcel HXL Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Composite Materials | $1.64B+2.6% | $1.6B+1.2% | $1.58B-0.5% | $1.58B-1.2% | $1.6B-1.1% | |
| Corporate Reconciling Items And Eliminations | -$92.4M-11.6% | -$82.8M-2.3% | -$80.9M+2.9% | -$83.3M+5.3% | -$88M+3.5% | |
| Engineered Products | $394.3M+3.4% | $381.5M-0.1% | $381.7M+1.4% | $376.3M+1.3% | $371.6M-0.4% | |
| Other Operating Income Expense Net by Business | ||||||
| Composite Materials | -$8.5M-204% | -$2.8M+93.4% | -$42.6M-6.5% | -$40M0.0% | -$40M+2.0% | |
| Corporate Reconciling Items And Eliminations | -$9.9M-73.7% | -$5.7M-62.9% | -$3.5M-333% | $1.5M0.0% | $1.5M0.0% | |
| Engineered Products | -$28.2M+3.8% | -$29.3M+11.7% | -$33.2M-2.5% | -$32.4M-286% | -$8.4M-9.1% | |
| Operating Income by Business | ||||||
| Composite Materials | $236.1M+6.8% | $221M+27.4% | $173.5M-8.6% | $189.9M-7.8% | $205.9M-4.2% | |
| Corporate Reconciling Items And Eliminations | -$74.3M-18.9% | -$62.5M+1.1% | -$63.2M-6.2% | -$59.5M+1.3% | -$60.3M+12.0% | |
| Engineered Products | $23.2M+77.1% | $13.1M+48.9% | $8.8M+69.2% | $5.2M-83.6% | $31.8M-19.7% | |
| Gross Profit by Business | ||||||
| Composite Materials | $399.6M+5.8% | $377.6M+2.4% | $368.6M-2.6% | $378.5M-3.3% | $391.6M-2.6% | |
| Corporate Reconciling Items And Eliminations | -$3.4M+24.4% | -$4.5M— | —— | —— | —— | |
| Engineered Products | $70.9M+14.9% | $61.7M-3.4% | $63.9M+4.1% | $61.4M-6.3% | $65.5M-11.1% | |
| Selling General And Administrative Expense by Business | ||||||
| Composite Materials | $102M-3.0% | $105.2M+0.4% | $104.8M+3.3% | $101.5M+3.2% | $98.4M+0.2% | |
| Corporate Reconciling Items And Eliminations | $58.1M+19.5% | $48.6M-7.6% | $52.6M-0.9% | $53.1M+2.5% | $51.8M-8.5% | |
| Engineered Products | $15M-1.3% | $15.2M-15.1% | $17.9M-7.7% | $19.4M-6.3% | $20.7M-5.0% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Corporate Reconciling Items And Eliminations | $55.2M+34.3% | $41.1M+129% | -$139.45M-31.3% | -$106.2M-277% | $59.85M+63.5% | |
| Engineered Products | $657M+9.4% | $600.8M-17.5% | $728.35M-15.7% | $863.7M-10.5% | $964.85M+78.2% | |
| Cost of Goods Sold by Business | ||||||
| Composite Materials | $1.24B+1.6% | $1.22B+0.9% | $1.21B+0.1% | $1.21B-0.6% | $1.21B-0.6% | |
| Corporate Reconciling Items And Eliminations | -$89M-13.7% | -$78.3M+3.0% | -$80.7M+1.9% | -$82.3M+3.1% | -$84.9M+0.2% | |
| Engineered Products | $323.4M+1.1% | $319.8M+0.6% | $317.9M+1.0% | $314.9M+2.9% | $306.1M+2.2% | |
| Research And Development Expense by Business | ||||||
| Composite Materials | $53M+9.1% | $48.6M+1.7% | $47.8M+1.5% | $47.1M-0.4% | $47.3M-1.7% | |
| Corporate Reconciling Items And Eliminations | $2.9M-21.6% | $3.7M0.0% | $3.7M-5.1% | $3.9M0.0% | $3.9M-9.3% | |
| Engineered Products | $4.5M+9.8% | $4.1M0.0% | $4.1M-6.8% | $4.4M-4.3% | $4.6M-2.1% | |
| Contract With Customer Asset Net by Business | ||||||
| Composite Materials | $48.2M+6.9% | $45.1M+5.4% | $42.8M+4.4% | $41M+2.2% | $40.1M-1.0% | |
| Engineered Products | $107.7M+1.5% | $106.1M+3.7% | $102.3M+1.6% | $100.7M+5.6% | $95.4M+5.5% | |
| Change In Unbilled Revenue Earned Over Time by Business | ||||||
| Composite Materials | -$1.5M+34.8% | -$2.3M-1,250% | $200K+129% | -$700K+65.0% | -$2M-150% | |
| Engineered Products | -$6M-57.9% | -$3.8M+38.7% | -$6.2M-148% | -$2.5M+10.7% | -$2.8M+28.2% | |
| D&A by Business | ||||||
| Composite Materials | $109.4M+0.6% | $108.8M+0.3% | $108.5M+0.4% | $108.1M-0.4% | $108.5M-0.5% | |
| Engineered Products | $12.3M0.0% | $12.3M-3.9% | $12.8M-3.8% | $13.3M-7.0% | $14.3M-4.0% | |
| Operating Segment Including Goodwill And Intangible Assets by Business | ||||||
| Composite Materials | $359.9M+0.3% | $358.7M+1.9% | $351.9M+0.9% | $348.9M+1.7% | $342.9M+0.4% | |
| Engineered Products | $601.7M-0.7% | $605.7M-0.7% | $609.7M-1.5% | $619.2M-1.5% | $628.8M-1.6% | |
| Stock-Based Comp by Business | ||||||
| Composite Materials | $5.7M+7.5% | $5.3M-5.4% | $5.6M-3.4% | $5.8M-3.3% | $6M-1.6% | |
| Corporate Reconciling Items And Eliminations | $7M-10.3% | $7.8M-16.1% | $9.3M-15.5% | $11M-2.7% | $11.3M-22.6% | |
| Engineered Products | $1.3M0.0% | $1.3M-7.1% | $1.4M0.0% | $1.4M-6.7% | $1.5M0.0% | |
| Goodwill And Intangible Assets Currency Translation And Other Adjustments by Business | ||||||
| Engineered Products | $0— | $0-100% | $400K-69.2% | $1.3M— | $0— | |
| Revenue by Product | ||||||
| Space And Defense Market Applications | $739.4M-1.0% | $747M-0.5% | $750.7M+2.9% | $729.3M+2.4% | $712.2M+0.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Hexcel break its business down?
- Hexcel (HXL) reports revenue by business across 3 parts — Composite Materials, Corporate Reconciling Items And Eliminations and Engineered Products. Each is extracted from the segment footnotes and tracked over time.
- Where does Hexcel's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Hexcel's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
