Hexcel Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $109.4M | $132.1M | $105.7M | $126.3M | $16.1M | $31.7M | $306.6M | $276.6M |
| Depreciation & Amortization | $122.3M | $124.0M | $124.8M | $126.2M | $138.0M | $140.9M | $141.7M | $123.1M |
| Depreciation | $116.7M | $117.5M | $118.0M | $119.4M | $131.0M | $133.9M | $134.7M | $120.1M |
| Amortization | $5.6M | $6.8M | $6.8M | $6.8M | $7.0M | $6.9M | $6.9M | $2.9M |
| Stock-Based Compensation | $14.4M | $22.2M | $20.9M | $20.0M | $19.0M | $15.4M | $18.3M | $16.2M |
| Net Cash from Operating Activities | $230.5M | $289.9M | $257.1M | $173.1M | $151.7M | $264.3M | $491.1M | $421.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $73.3M | $87.0M | $108.2M | $76.3M | $27.9M | $50.6M | $204.1M | $184.1M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-76.0M | $-87.0M | $-50.7M | $-54.6M | $-27.9M | $-50.6M | $-367.3M | $-187.5M |
| Financing Activities | ||||||||
| Dividends Paid | $53.9M | $49.3M | $42.2M | $33.7M | $0 | $14.2M | $4.2M | $48.4M |
| Stock Repurchases | $454.3M | $252.2M | $30.1M | $0 | $0 | $24.6M | $143.0M | $357.7M |
| Net Cash from Financing Activities | $-212.3M | $-301.7M | $-92.6M | $-130.0M | $-96.8M | $-178.5M | $-91.4M | $-257.3M |
| Net Change in Cash | $-54.4M | $-101.6M | $115.0M | $-15.7M | $24.4M | $38.9M | $31.7M | $-27.4M |
| Free Cash Flow | $157.2M | $202.9M | $148.9M | $96.8M | $123.8M | $213.7M | $287.0M | $237.3M |