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Hexcel Corporation

HXL NYSE Categories PDF
Industrials · Aerospace & Defense
Stamford, CT 06901-3261, United States IPO 1980 hexcel.com Updated Jun 27, 12:39am
Price
$96.52
Market Cap
$7.3B
Employees
5,894
Beta
1.07
Avg Volume
1,056,009
CEO
Thomas C. Gentile
Business Description

Hexcel Corporation, operating through its various subsidiaries, focuses on the innovation, production, and sale of advanced structural materials. These specialized materials are essential across the commercial aviation, space and defense, and broader industrial sectors. The company's operations are segmented into two primary divisions: Composite Materials and Engineered Products. The Composite Materials division is responsible for manufacturing and marketing a diverse range of products, including carbon fibers, specialized fabrics and reinforcements, prepregs, various fiber-reinforced matrix materials, robust structural adhesives, honeycomb structures, molding compounds, tooling solutions, polyurethane systems, and laminates. These materials are integral to the construction of military and commercial aircraft, wind turbine blades, recreational items, a wide array of industrial applications, and also find use in the automotive, marine, and railway industries. The Engineered Products segment concentrates on producing finished aircraft components and structural assemblies. This encompasses items such as wing-to-body fairings, wing panels, flight deck panels, door liners, rotorcraft blades, spars, and tip caps. Furthermore, it supplies structural sub-components and semi-finished parts that are incorporated into helicopter blades, engine nacelles, and various aircraft surfaces like flaps, wings, elevators, and fairings. Hexcel distributes its products both directly through its management, product specialists, and sales teams, and indirectly by utilizing independent distributors and authorized manufacturer representatives. Its market reach extends across the Americas, Europe, the Asia Pacific region, India, and Africa. Established in 1946, Hexcel Corporation maintains its corporate headquarters in Stamford, Connecticut.

Business History
Price History (1 Year)
Last updated: Jun 27, 2026 12:39am (8h ago)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 21, 2026 6:44pm (5d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
69.94
Stock Price: $96.52
EPS (Diluted): 1.38
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
4.70
Stock Price: $96.52
Total Equity: $1.25B
Shares: 80,000,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
23.04
Market Cap: $7.28B
Total Debt: $990.90M
Cash: $71.00M
EBITDA: $295.00M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$6.8B
Market Cap: $7.28B
Total Debt: $990.90M
Cash: $71.00M
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
23.0%
Gross Profit: $434.80M
Revenue: $1.89B
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
9.1%
Operating Income: $171.60M
Revenue: $1.89B
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
5.8%
Net Income: $109.40M
Revenue: $1.89B
ROE (Profit from shareholder equity)
CALC
Net Income / Total Equity
8.7%
Net Income: $109.40M
Total Equity: $1.25B
ROIC (Profit from all invested capital)
CALC
NOPAT / Invested Capital
6.4%
Operating Income: $171.60M
Tax Rate: 19.0%
Equity: $1.25B
Total Debt: $990.90M
Cash: $71.00M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
2.26
Current Assets: $730.70M
Current Liabilities: $322.70M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.79
Short-Term Debt: $0.00
Long-Term Debt: $990.90M
Total Debt: $990.90M
Total Equity: $1.25B
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$23.67
Revenue: $1.89B
Shares: 80,000,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$15.63
Total Equity: $1.25B
Shares: 80,000,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$3.84
Operating CF: $230.50M
CapEx: $76.70M
Shares: 80,000,000
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.9%
Last Dividend: N/A
Stock Price: $96.52
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $109.40M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares HXL against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 6:44pm (5d ago)
Metric 2021 2022 2023 2024 2025
Revenue $1.3B $1.6B $1.8B $1.9B $1.9B
Cost of Revenue $1.1B $1.2B $1.4B $1.4B $1.5B
Gross Profit $250.1M $357.1M $433.2M $469.8M $434.8M
Operating Expenses $198.3M $181.9M $217.9M $283.7M $263.2M
Operating Income $51.8M $175.2M $215.3M $186.1M $171.6M
Net Income $16.1M $126.3M $105.7M $132.1M $109.4M
EBITDA $198.3M $312.2M $268.5M $310.1M $295.0M
EPS $0.19 $1.50 $1.25 $1.61 $1.38
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:44pm (5d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $127.7M $112.0M $227.0M $125.4M $71.0M
Total Current Assets $616.3M $734.4M $864.2M $781.5M $730.7M
Total Assets $2.8B $2.8B $2.9B $2.7B $2.7B
Current Liabilities $247.6M $329.8M $315.9M $353.5M $322.7M
Long-Term Debt $820.9M $723.1M $697.7M $698.7M $990.9M
Total Liabilities $1.3B $1.3B $1.2B $1.2B $1.5B
Total Equity $1.5B $1.6B $1.7B $1.5B $1.3B
Retained Earnings $2.0B $2.1B $2.2B $2.3B $2.3B
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:44pm (5d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $151.7M $173.1M $257.1M $289.9M $230.5M
Capital Expenditure -$27.9M -$76.3M -$108.2M -$87.0M $76.7M
Free Cash Flow $123.8M $96.8M $148.9M $202.9M $307.2M
Acquisitions (net) $0 $21.2M $10.3M $0 -$2.7M
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 -$30.1M -$252.2M -$454.3M
Net Change in Cash $24.4M -$15.7M $115.0M -$101.6M -$54.4M
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 12:39am (8h ago)
Metric 2026 2027 2028 2029
Revenue $2.1B
$2.0B – $2.1B
$2.3B
$2.1B – $2.8B
$2.5B
$2.5B – $2.5B
$2.8B
$2.7B – $3.2B
EBITDA $338.1M
$333.2M – $343.0M
$373.1M
$348.1M – $455.8M
$403.4M
$400.9M – $406.0M
$460.6M
$442.2M – $523.4M
Net Income $179.0M
$168.8M – $189.3M
$248.2M
$213.9M – $369.8M
$293.1M
$262.5M – $360.7M
$417.6M
$395.9M – $491.7M
EPS
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:44pm (5d ago)
Metric 2022 2023 2024 2025
Revenue Growth +19.1% +13.4% +6.4% -0.5%
Gross Profit Growth +42.8% +21.3% +8.4% -7.4%
Operating Income Growth +238.2% +22.9% -13.6% -7.8%
Net Income Growth +684.5% -16.3% +25.0% -17.2%
EBITDA Growth +57.4% -14.0% +15.5% -4.9%
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:44pm (5d ago)
Date Dividend Declaration Record Payment
2026-05-04 $0.18 2026-04-22 2026-05-04 2026-05-11
2026-02-09 $0.18 2026-01-28 2026-02-09 2026-02-17
2025-11-03 $0.17 2025-10-22 2025-11-03 2025-11-10
2025-08-08 $0.17 2025-07-24 2025-08-08 2025-08-15
2025-05-02 $0.17 2025-04-21 2025-05-02 2025-05-09
2025-02-07 $0.17 2025-01-22 2025-02-07 2025-02-14
2024-11-01 $0.15 2024-10-21 2024-11-01 2024-11-08
2024-08-02 $0.15 2024-07-18 2024-08-02 2024-08-09
2024-05-02 $0.15 2024-04-22 2024-05-03 2024-05-10
2024-02-08 $0.15 2024-01-24 2024-02-09 2024-02-16
2023-11-02 $0.13 2023-10-23 2023-11-03 2023-11-13
2023-08-03 $0.13 2023-07-24 2023-08-04 2023-08-11
2023-05-04 $0.13 2023-04-24 2023-05-05 2023-05-12
2023-02-09 $0.13 2023-01-25 2023-02-10 2023-02-17
2022-11-03 $0.10 2022-10-24 2022-11-04 2022-11-14
2022-08-04 $0.10 2022-07-25 2022-08-05 2022-08-12
2022-05-05 $0.10 2022-04-25 2022-05-06 2022-05-13
2022-02-10 $0.10 2022-01-26 2022-02-11 2022-02-18
2020-02-13 $0.17 2020-02-03 2020-02-14 2020-02-21
2019-10-31 $0.17 2019-10-21 2019-11-01 2019-11-08
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for HXL — it's generated by the pipeline (market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30