Hexcel HXL Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenue by Business | |||||
| Composite Materials | $1.6B-1.6% | $1.62B+4.9% | $1.54B+14.8% | $1.35B+32.0% | |
| Corporate Reconciling Items And Eliminations | -$82.8M+9.2% | -$91.2M-24.9% | -$73M-5.6% | -$69.1M-16.9% | |
| Engineered Products | $381.5M+2.2% | $373.2M+17.7% | $317.2M+5.5% | $300.8M-1.5% | |
| Other Operating Income Expense Net by Business | |||||
| Composite Materials | -$2.8M+93.1% | -$40.8M-3,300% | -$1.2M+84.0% | -$7.5M+57.9% | |
| Corporate Reconciling Items And Eliminations | -$5.7M-480% | $1.5M— | $0-100% | $19.4M+6,567% | |
| Engineered Products | -$29.3M-281% | -$7.7M-3,750% | -$200K— | $0-100% | |
| Operating Income by Business | |||||
| Composite Materials | $221M+2.8% | $215M-9.6% | $237.9M+33.5% | $178.2M+102% | |
| Corporate Reconciling Items And Eliminations | -$62.5M+8.8% | -$68.5M-23.6% | -$55.4M-39.9% | -$39.6M+29.9% | |
| Engineered Products | $13.1M-66.9% | $39.6M+20.7% | $32.8M+113% | $15.4M-23.8% | |
| Gross Profit by Business | |||||
| Composite Materials | $377.6M-6.1% | $402.2M+5.9% | $379.7M+23.9% | $306.4M— | |
| Corporate Reconciling Items And Eliminations | -$4.5M— | —— | -$2.6M+57.4% | -$6.1M— | |
| Engineered Products | $61.7M-16.3% | $73.7M+31.4% | $56.1M-1.2% | $56.8M— | |
| Selling General And Administrative Expense by Business | |||||
| Composite Materials | $105.2M+7.1% | $98.2M+2.8% | $95.5M+15.3% | $82.8M— | |
| Corporate Reconciling Items And Eliminations | $48.6M-14.1% | $56.6M+14.8% | $49.3M-0.4% | $49.5M— | |
| Engineered Products | $15.2M-30.3% | $21.8M+14.7% | $19M+21.0% | $15.7M— | |
| Segment Expenditure Addition To Long Lived Assets by Business | |||||
| Corporate Reconciling Items And Eliminations | $41.1M+12.3% | $36.6M— | —— | —— | |
| Engineered Products | $600.8M+11.0% | $541.4M— | —— | —— | |
| Cost of Goods Sold by Business | |||||
| Composite Materials | $1.22B-0.1% | $1.22B+4.6% | $1.17B+12.1% | $1.04B— | |
| Corporate Reconciling Items And Eliminations | -$78.3M+8.0% | -$85.1M-20.9% | -$70.4M-11.7% | -$63M— | |
| Engineered Products | $319.8M+6.8% | $299.5M+14.7% | $261.1M+7.0% | $244M— | |
| Research And Development Expense by Business | |||||
| Composite Materials | $48.6M+1.0% | $48.1M+6.7% | $45.1M+19.0% | $37.9M— | |
| Corporate Reconciling Items And Eliminations | $3.7M-14.0% | $4.3M+22.9% | $3.5M+2.9% | $3.4M— | |
| Engineered Products | $4.1M-12.8% | $4.7M+14.6% | $4.1M-8.9% | $4.5M— | |
| Contract With Customer Asset Net by Business | |||||
| Composite Materials | $45.1M+11.4% | $40.5M+21.3% | $33.4M+2.1% | $32.7M+5.1% | |
| Engineered Products | $106.1M+17.4% | $90.4M+14.6% | $78.9M-16.8% | $94.8M-21.4% | |
| Change In Unbilled Revenue Earned Over Time by Business | |||||
| Composite Materials | -$2.3M-188% | -$800K-200% | $800K— | —— | |
| Engineered Products | -$3.8M+2.6% | -$3.9M-164% | $6.1M+663% | $800K— | |
| D&A by Business | |||||
| Composite Materials | $108.8M-0.3% | $109.1M-1.2% | $110.4M-1.4% | $112M-9.2% | |
| Engineered Products | $12.3M-17.4% | $14.9M+3.5% | $14.4M+2.1% | $14.1M-2.8% | |
| Operating Segment Including Goodwill And Intangible Assets by Business | |||||
| Composite Materials | $358.7M+5.1% | $341.4M-1.7% | $347.4M-0.2% | $348M— | |
| Engineered Products | $605.7M-5.2% | $638.8M-3.8% | $663.9M-2.9% | $683.9M— | |
| Stock-Based Comp by Business | |||||
| Composite Materials | $5.3M-13.1% | $6.1M-1.6% | $6.2M+6.9% | $5.8M— | |
| Corporate Reconciling Items And Eliminations | $7.8M-46.6% | $14.6M+12.3% | $13M+3.2% | $12.6M— | |
| Engineered Products | $1.3M-13.3% | $1.5M-11.8% | $1.7M+6.3% | $1.6M— | |
| Goodwill And Intangible Assets Currency Translation And Other Adjustments by Business | |||||
| Engineered Products | $0— | $0— | $0— | $0— | |
| Goodwill And Intangible Asset Impairment by Business | |||||
| Composite Materials | $0— | $0— | —— | —— | |
| Engineered Products | $0+100% | -$5.2M— | —— | —— | |
| Revenue by Product | |||||
| Space And Defense Market Applications | $747M+5.4% | $708.8M-1.7% | $720.8M+54.9% | $465.2M+7.0% | |
| Income Tax Reconciliation Other Adjustments by Geography | |||||
| AU | -$100K0.0% | -$100K+66.7% | -$300K— | —— | |
| BE | $300K0.0% | $300K+50.0% | $200K— | —— | |
| GB | $400K-50.0% | $800K-11.1% | $900K— | —— | |
| LU | $2.2M+4.8% | $2.1M+50.0% | $1.4M— | —— | |
| MA | $200K— | $0-100% | $500K— | —— | |
| Effective Income Tax Rate Reconciliation Other Adjustments by Geography | |||||
| AU | -0.1%0.0pp | -0.1%+0.2pp | -0.3%— | —— | |
| BE | 0.2%0.0pp | 0.2%0.0pp | 0.2%— | —— | |
| GB | 0.3%-0.2pp | 0.5%-0.3pp | 0.8%— | —— | |
| LU | 1.6%+0.2pp | 1.4%+0.1pp | 1.3%— | —— | |
| MA | 0.1%— | 0%-0.4pp | 0.4%— | —— | |
| Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Valuation Allowance Amount by Geography | |||||
| AU | -$300K-105% | $5.7M— | $0— | —— | |
| BE | $2.8M— | $0— | $0— | —— | |
| MA | -$1.8M-1,700% | -$100K-133% | $300K— | —— | |
| Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Valuation Allowance by Geography | |||||
| AU | -0.2%-3.9pp | 3.7%— | 0%— | —— | |
| BE | 2.1%— | 0%— | 0%— | —— | |
| MA | -1.3%-1.2pp | -0.1%-0.4pp | 0.3%— | —— |
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.
