Hexcel Corporation (HXL)

Debt-to-equity ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Long-term debt US$ in thousands — — — — —
Total stockholders’ equity US$ in thousands — 1,527,900 1,716,500 1,554,200 1,485,500
Debt-to-equity ratio — 0.00 0.00 0.00 0.00

December 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $—K
= —