Hexcel Corporation (HXL)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	132,100	105,700	126,300	16,100	31,700
Total assets	US$ in thousands	2,725,600	2,918,500	2,837,300	2,819,400	2,917,800
ROA		4.85%	3.62%	4.45%	0.57%	1.09%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $132,100K ÷ $2,725,600K
= 4.85%

Hexcel Corporation's return on assets (ROA) has experienced fluctuations over the years based on the provided data. In 2020, the ROA was at 1.09%, indicating that the company generated 1.09% profit for every dollar of assets it had.

By the end of 2021, the ROA decreased to 0.57%, reflecting a decline in profitability relative to its asset base. However, the ROA saw a significant improvement in 2022, reaching 4.45%, suggesting that Hexcel Corporation was able to generate higher profits from its assets during that period.

In 2023, the ROA slightly decreased to 3.62%, indicating a slight dip in profitability compared to the previous year. However, by the end of 2024, the ROA rose to 4.85%, showing a strong performance in terms of generating profits relative to its asset base.

Overall, Hexcel Corporation's ROA has shown variability over the years, with some fluctuations in profitability performance. It is important for stakeholders to monitor ROA trends to assess the company's efficiency in generating profits from its assets.