HXL FY 2024 Earnings Report — Hexcel Corporation Revenue & Financial Results | Market Cap Arena

Hexcel CorporationHXL

FY 2024 Earnings

Reported February 5, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$1.9B	—	$1.8B	—	6.4%
Op. Income	$186M	—	$215M	—	-13.6%
Gross Margin	24.7%	—	24.2%	—	0.5pp
Net Margin	6.9%	—	5.9%	—	1.0pp
EPS (Diluted)	$1.59	—	$1.24	—	28.2%
Free Cash Flow	$203M	—	$149M	—	36.3%

Revenue Flow

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.4B
GROSS PROFIT	$470M
R&D Expenses	$57M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$177M
Other Expenses	$50M
Operating Expenses	$284M
Cost & Expenses	$1.7B
OPERATING INCOME	$186M
Interest Income	$0
Interest Expense	$31M
Other Income/Expenses	-$31M
INCOME BEFORE TAX	$155M
Income Tax Expense	$23M
Net Income from Continuing Ops	$132M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$132M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$132M
D&A	$124M
EBIT	$186M
EBITDA	$310M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.4B
GROSS PROFIT	$470M
R&D Expenses	$57M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$177M
Other Expenses	$50M
Operating Expenses	$284M
Cost & Expenses	$1.7B
OPERATING INCOME	$186M
Interest Income	$0
Interest Expense	$31M
Other Income/Expenses	-$31M
INCOME BEFORE TAX	$155M
Income Tax Expense	$23M
Net Income from Continuing Ops	$132M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$132M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$132M
D&A	$124M
EBIT	$186M
EBITDA	$310M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$132M
Depreciation & Amortization	$124M
Stock-Based Compensation	$22M
Deferred Income Tax	$0
Other Non-Cash Items	$12M
Change in Working Capital	-$1M
OPERATING CASH FLOW	$290M
Capital Expenditure	-$87M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$87M
Net Debt Issuance	$300.0K
Common Stock Repurchased	-$252M
Common Dividends Paid	-$49M
Other Financing Activities	-$500.0K
NET CASH FROM FINANCING	-$302M
FREE CASH FLOW	$203M
Net Change in Cash	-$102M

Balance Sheet

Item	Amount
Cash & Equivalents	$125M
Short-Term Investments	$0
Net Receivables	$242M
Inventory	$356M
Other Current Assets	$58M
TOTAL CURRENT ASSETS	$782M
PP&E (Net)	$1.6B
Goodwill	$187M
Intangible Assets	$51M
Long-Term Investments	$5M
Tax Assets	$0
Other Non-Current Assets	$105M
TOTAL NON-CURRENT ASSETS	$1.9B
TOTAL ASSETS	$2.7B
Account Payables	$142M
Short-Term Debt	$100.0K
Deferred Revenue	$0
Other Current Liabilities	$106M
TOTAL CURRENT LIABILITIES	$354M
Long-Term Debt	$699M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$81M
Other Non-Current Liabilities	$43M
TOTAL NON-CURRENT LIABILITIES	$844M
TOTAL LIABILITIES	$1.2B
Common Stock	$1M
Additional Paid-In Capital	$970M
Retained Earnings	$2.3B
Treasury Stock	-$1.6B
Accum. Other Comp. Income	-$115M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.5B
Minority Interest	$0
TOTAL EQUITY	$1.5B
TOTAL LIABILITIES & EQUITY	$2.7B
Total Debt	$726M
Net Debt	$601M