← HEXCEL CORP /DE/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $249.8m | $284.0m | $276.6m | $306.6m | $31.7m | $16.1m | $126.3m | $105.7m | $132.1m | $109.4m | — | |
| Depreciation, Depletion and Amortization | $93.3m | $104.5m | $123.1m | $141.7m | $140.9m | $138.0m | $126.2m | $124.8m | $124.0m | $122.3m | $122.2m | |
| Amortization of Debt Issuance Costs and Discounts | $1.7m | $700k | $1.6m | $900k | $1.2m | $3.1m | $700k | $600k | $400k | $100k | — | |
| Amortization of Intangible Assets | $300k | $1.0m | $2.9m | $6.9m | $6.9m | $7.0m | $6.8m | $6.8m | $6.8m | $5.6m | — | |
| Depreciation | $93.3m | $103.5m | $120.1m | $134.7m | $133.9m | $131.0m | $119.4m | $118.0m | $117.5m | $116.7m | $122.2m | |
| Deferred Income Tax Expense (Benefit) | $62.7m | $3.3m | $29.3m | $16.3m | ($51.4m) | ($2.6m) | ($3.1m) | ($32.7m) | ($16.7m) | $5.9m | $16.6m | |
| Share-based Payment Arrangement, Noncash Expense | $16.1m | $17.6m | $16.2m | $18.3m | $15.4m | $19.0m | $20.0m | $20.9m | $22.2m | $14.4m | $16.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $6.4m | $5.7m | $5.9m | $6.2m | $7.7m | $1.8m | — | $3.2m | $11.3m | $5.0m | — | |
| Share-based Payment Arrangement, Expense | $16.1m | $17.5m | $16.0m | $17.7m | $14.7m | $18.9m | $19.9m | $20.9m | $22.2m | $14.4m | $16.5m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | — | — | — | — | $0 | ($1.6m) | ($800k) | $0 | $0 | — | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | — | ($5.2m) | $0 | — | |
| Income (Loss) from Equity Method Investments | $2.5m | $3.3m | $5.6m | $3.7m | ($1.6m) | $0 | $8.1m | $8.1m | $0 | $0 | — | |
| Nonoperating Income (Expense) | ($400k) | — | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | ($8.5m) | $10.8m | ($71.6m) | $0 | $1.1m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $17.4m | ($20.2m) | $20.7m | ($36.5m) | ($110.0m) | $40.7m | $62.8m | $8.9m | ($10.7m) | $22.5m | ($30.3m) | |
| Increase (Decrease) in Inventories | ($10.8m) | ($2.3m) | $25.2m | $30.4m | ($129.4m) | $40.4m | $82.4m | $8.9m | $34.0m | ($45.4m) | $16.2m | |
| Other Operating Income (Expense), Net | — | — | ($7.7m) | — | ($57.9m) | ($18.2m) | $11.9m | ($1.4m) | ($50.0m) | ($37.8m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $401.4m |
$428.7m
+6.80%
|
$421.4m
-1.70%
|
$491.1m
+16.54%
|
$264.3m
-46.18%
|
$151.7m
-42.60%
|
$173.1m
+14.11%
|
$257.1m
+48.53%
|
$289.9m
+12.76%
|
$230.5m
-20.49%
|
$332.4m
+44.21%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $327.9m | $278.1m | $184.1m | $204.1m | $50.6m | $27.9m | $76.3m | $108.2m | $87.0m | $73.3m | ($76.8m) | |
| Gain (Loss) on Sale of Investments | — | — | — | — | — | $0 | ($300k) | ($3.0m) | $0 | $0 | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $8.6m | — | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($366.5m) | ($354.1m) | ($187.5m) | ($367.3m) | ($50.6m) | ($27.9m) | ($54.6m) | ($50.7m) | ($87.0m) | ($76.0m) | ($78.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | $111.1m | $150.3m | $357.7m | $143.0m | $24.6m | — | $0 | $30.1m | $252.2m | $454.3m | — | |
| Payments of Ordinary Dividends, Common Stock | $39.8m | $42.6m | $48.4m | $54.2m | $14.2m | — | $33.7m | $42.2m | $49.3m | $53.9m | ($53.7m) | |
| Net Cash Provided by (Used in) Financing Activities | ($46.8m) |
($58.3m)
-24.57%
|
($257.3m)
-341.34%
|
($91.4m)
+64.48%
|
($178.5m)
-95.30%
|
($96.8m)
+45.77%
|
($130.0m)
-34.30%
|
($92.6m)
+28.77%
|
($301.7m)
-225.81%
|
($212.3m)
+29.63%
|
($267.9m)
-26.19%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($4.7m) | $8.6m | ($4.0m) | $31.7m | $38.9m | $24.4m | ($15.7m) | $115.0m | ($101.6m) | ($54.4m) | $63.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $64.4m | $103.3m | $127.7m | $112.0m | $227.0m | $125.4m | $71.0m | $63.3m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($4.7m) | $8.6m | ($4.0m) | ($700k) | $3.7m | ($2.6m) | ($4.2m) | $1.2m | ($2.8m) | $3.4m | ($1.1m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | $36.1m | $35.4m | $34.6m | $33.5m | $40.2m | — | |
| Income Taxes Paid, Net | — | — | — | — | ($200k) | $1.2m | $35.9m | $59.1m | $42.2m | $7.3m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | $19.4m | $800k | $0 | $0 | — | |
| Goodwill | $66.6m | $110.1m | $107.7m | $189.8m | $193.1m | $190.5m | $187.0m | $188.7m | $186.5m | $191.6m | $0 | |
| Income Tax Expense (Benefit) | $90.3m | $42.5m | $62.5m | $76.8m | ($61.0m) | $5.9m | $31.6m | $12.1m | $22.8m | $25.6m | — | |
| Operating Lease, Expense | — | — | — | — | $16.2m | $15.3m | $15.2m | $16.1m | $15.3m | $16.1m | — | |
| Proceeds from Stock Options Exercised | — | — | $5.1m | $10.7m | $3.3m | $7.7m | $3.0m | $7.8m | $7.1m | $5.8m | — | |
| Restructuring Costs | — | — | — | ($2.5m) | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.