Hexcel vs VSE
Hexcel reported revenue of $1.9 billion in fiscal 2025, 1.7 times VSE's $1.1 billion in fiscal 2025. Hexcel's revenue fell 0.5% in its latest year, and VSE's grew 41.5%. Hexcel had an operating margin of 9.1%, against 8.1% at VSE. Free cash flow was $157 million at Hexcel and $6 million at VSE.
Side by side
| Hexcel | VSE | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.9B | $1.1B |
| Revenue growth | −0.5% | 41.5% |
| Revenue growth a year, last 5 years | 4.7% | 10.9% |
| Gross margin | 23.0% | — |
| Operating margin | 9.1% | 8.1% |
| Net margin | 5.8% | 1.1% |
| Free cash flow | $157M | $6M |
| Free cash flow margin | 8.3% | 0.5% |
| Return on capital | 6.5% | 4.5% |
| Net debt to EBITDA | 3.1x | 1.7x |
| Dividends and buybacks | $508M | $8M |
| Change in diluted share count | −3.6% | 18.2% |
| Last close | $80.40 | $172.81 |
| P/E at the last close | 36.2× | 42.4× |
| Insider trades, last 12 months | bought $242,010, sold $2.4 million | sold $5.8 million |
| Piotroski F-score | 6 of 9 | 6 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
HexcelVSE
Operating margin
Percent of revenue
HexcelVSE
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
HexcelVSE