Hexcel Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.89B | $1.90B | $1.79B | $1.58B | $1.32B | $1.50B | $2.36B | $2.19B |
| Cost of Revenue | $1.46B | $1.43B | $1.36B | $1.22B | $1.07B | $1.26B | $1.72B | $1.61B |
| Gross Profit | $434.8M | $469.8M | $433.2M | $357.1M | $250.1M | $239.7M | $640.4M | $580.8M |
| Gross Margin | 23.0% | 24.7% | 24.2% | 22.6% | 18.9% | 16.0% | 27.2% | 26.5% |
| Operating Expenses | ||||||||
| Research & Development | $56.4M | $57.1M | $52.7M | $45.8M | $45.1M | $46.6M | $56.5M | $55.9M |
| SG&A Expense | $169.0M | $176.6M | $163.8M | $148.0M | $135.0M | $121.1M | $158.7M | $146.0M |
| Operating Income | $171.6M | $186.1M | $215.3M | $175.2M | $51.8M | $14.1M | $425.2M | $371.2M |
| Operating Margin | 9.1% | 9.8% | 12.0% | 11.1% | 3.9% | 0.9% | 18.0% | 17.0% |
| Interest Expense | $37.7M | $31.2M | $34.0M | $36.2M | $38.3M | $41.8M | $45.5M | $37.7M |
| Pretax Income | $135.0M | $154.9M | $109.7M | $149.8M | $22.0M | $-27.7M | $379.7M | $333.5M |
| Income Tax Expense | $25.6M | $22.8M | $12.1M | $31.6M | $5.9M | $-61.0M | $76.8M | $62.5M |
| Net Income | $109.4M | $132.1M | $105.7M | $126.3M | $16.1M | $31.7M | $306.6M | $276.6M |
| Net Margin | 5.8% | 6.9% | 5.9% | 8.0% | 1.2% | 2.1% | 13.0% | 12.6% |
| EPS (Basic) | $1.38 | $1.61 | $1.25 | $1.50 | $0.19 | $0.38 | $3.61 | $3.15 |
| EPS (Diluted) | $1.37 | $1.59 | $1.24 | $1.49 | $0.19 | $0.38 | $3.57 | $3.11 |
| Shares Outstanding (Basic) | 79.5M | 82.3M | 84.6M | 84.4M | 84.1M | 83.8M | 84.9M | 87.9M |
| Shares Outstanding (Diluted) | 80.0M | 83.0M | 85.5M | 85.0M | 84.6M | 84.0M | 85.8M | 89.0M |
| Dividends Per Share | $70.95 | $0.60 | $0.50 | $0.40 | — | $0.17 | $0.64 | $0.55 |