Hexcel Corporation
NYSE•HXL
CEO: Mr. Patrick Joseph Winterlich
Sector: Industrials
Industry: Aerospace & Defense
Listing Date: 1980-03-17
Hexcel Corporation develops, manufactures, and markets carbon fibers, structural reinforcements, honeycomb structures, resins, and composite materials and parts for use in commercial aerospace, space and defense, and industrial applications. It operates through two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets fabrics, multi-axials, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in automotive, marine, and rail transportation. The Engineered Products segment manufactures and markets aircraft structures and finished aircraft components, including wing to body fairings, wing panels, flight deck panels, door liners, rotorcraft blades, spars, and tip caps; and aircraft structural sub-components and semi-finished components used in rotorcraft blades, engine nacelles, and aircraft surfaces, such as flaps, wings, elevators, and fairings; and RF interference control products for military and aerospace applications. This segment also provides interference control materials, structural composites, and services; dielectric absorber foams; magnetic absorbers; and thermoplastics for commercial and defense applications. The company sells its products directly through its managers, product managers, and sales personnel, as well as through independent distributors in the Americas, Europe, the Asia Pacific, India, and Africa. Hexcel Corporation was founded in 1946 and is headquartered in Stamford, Connecticut.
Contact Information
Two Stamford Plaza, 281 Tresser Boulevard 16th Floor, Stamford, CT, 06901-3261, United States
203-969-0666
Market Cap
$6.30B
P/E (TTM)
55.6
48.1
Dividend Yield
0.9%
52W High
$95.22
52W Low
$45.28
52W Range
Rank36Top 31.8%
4.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$491.30M+3.69%
4-Quarter Trend
EPS
$0.60+740.34%
4-Quarter Trend
FCF
$110.00M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Defense Space Sales Increase Defense, Space & Other sales grew 5.4% to $747.0M in 2025, offsetting commercial aerospace softness across markets.
Engineered Products Segment Growth Engineered Products sales increased 1.5% to $377.7M, supported by strong demand in military helicopter and satellite programs.
Strategic Restructuring Completed Completed divestiture of Austria operations and closure of Welkenraedt, Belgium facility as part of streamlining strategy in 2025.
Capital Allocation Focus Board approved $600M repurchase plan; $350M ASR settled initially using funds from the revolving credit facility.
Risk Factors
Commercial Aerospace Sales Drop Commercial Aerospace sales declined 4.0% to $1,146.9M, driven by lower volumes on key Airbus and Boeing production programs.
Gross Margin Compression Gross margin compressed to 23.0% from 24.7% due to unfavorable sales mix, tariffs, and inventory reduction actions taken.
Increased Debt Levels Total debt rose significantly to $993.0M compared to $700.7M in 2024, driven by new senior notes issuance.
Macroeconomic Supply Chain Risks Cyclical market exposure, inflation, tariffs, and supply chain disruptions continue to pose material adverse operational risks.
Outlook
Focus on Core Composites Strategy emphasizes core competencies in carbon fiber composites following 2025 divestitures and facility closures across Europe.
R&T Function Renamed Research and Technology function renamed to Research and Development (R&D) starting formal reporting in fiscal year 2026.
Sustained Recovery Expected Expect sustained recovery driven by commercial aircraft production growth and strong demand in the Defense and Space market.
Debt Repayment Schedule Next significant debt maturity is the $300.0M 3.95% Senior Unsecured Notes scheduled for repayment in February 2027.
Peer Comparison
Revenue (TTM)
$6.39B
$4.42B
$1.89B
Gross Margin (Latest Quarter)
87.2%
85.8%
57.3%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| PL | $7.87B | -59.2 | -31.0% | 41.7% |
| BZ | $6.53B | 18.1 | 15.0% | 0.7% |
| HXL | $6.30B | 55.6 | 7.4% | 36.7% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.5%
Moderate Growth
4Q Net Income CAGR
17.1%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow
Deep Research
Next earnings:Apr 20, 2026
EPS:$0.42
|Revenue:$488.11M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data