Flagship explainer

How HEXCEL CORP /DE/ makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$1.9B · 100%Cost of revenue$1.5B · 77%Gross profit$435M · 23%Operating income$172M · 9%Income before tax$135M · 7%Income tax$25.6M · 1%Net income$109M · 6%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$1.9B100%
Cost of revenue$1.5B77%
$435M23%
$172M9%
Income before tax$135M7%
Income tax$25.6M1%
$109M6%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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