Company research
HEXCEL CORP /DE/
CIK 717605Updated Sep 26, 2026
SecurityHXL · NYSE · equity
HXL price & chart
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NYSE:HXL on TradingView ↗About the company
Hexcel Corporation is a global leader in advanced lightweight composites technology. We provide innovative, high-performance material solutions that are lighter, stronger, and tougher, shaping a world that moves farther, smarter, and more efficiently. Our broad and unrivaled product range includes carbon fiber, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, resins, engineered core, and composite structures for use in commercial aerospace, defense and space, and industrial applications.
In the news
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Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,704,000,000Source | 2,725,600,000Source | 2,918,500,000Source | 2,837,300,000Source |
| Property, Plant and Equipment, NetUSD | 1,611,500,000Source | 1,596,700,000Source | 1,678,700,000Source | 1,657,800,000Source |
| GoodwillUSD | 191,600,000Source | 186,500,000Source | 188,700,000Source | 187,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 71,000,000Source | 125,400,000Source | 227,000,000Source | 112,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 249,300,000Source | 212,000,000Source | 234,700,000Source | 222,700,000Source |
| Inventory, NetUSD | 328,800,000Source | 356,200,000Source | 334,400,000Source | 319,300,000Source |
| Assets, CurrentUSD | 730,700,000Source | 781,500,000Source | 864,200,000Source | 734,400,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 45,700,000Source | 50,600,000Source | 43,000,000Source | 38,900,000Source |
| Operating Lease, Right-of-Use AssetUSD | 25,700,000Source | 25,400,000Source | 29,300,000Source | 49,600,000Source |
| Other Assets, NoncurrentUSD | 117,000,000Source | 105,400,000Source | 119,300,000Source | 141,500,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,453,300,000Source | 1,197,700,000Source | 1,202,000,000Source | 1,283,100,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 1,100,000Source | 1,100,000Source | 1,100,000Source | 1,100,000Source |
| Retained Earnings (Accumulated Deficit)USD | 2,307,000,000Source | 2,251,500,000Source | 2,168,700,000Source | 2,104,900,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -12,900,000Source | -115,000,000Source | -74,100,000Source | -174,400,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,250,700,000Source | 1,527,900,000Source | 1,716,500,000Source | 1,554,200,000Source |
| Additional Paid in Capital, Common StockUSD | 994,900,000Source | 970,000,000Source | 936,800,000Source | 905,000,000Source |
| Liabilities and EquityUSD | 2,704,000,000Source | 2,725,600,000Source | 2,918,500,000Source | 2,837,300,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 322,700,000Source | 353,500,000Source | 315,900,000Source | 329,800,000Source |
| Operating Lease, Liability, CurrentUSD | 7,000,000Source | 6,000,000Source | 7,300,000Source | 10,200,000Source |
| Accounts Payable, CurrentUSD | 146,600,000Source | 142,300,000Source | 159,100,000Source | 155,500,000Source |
| Operating Lease, Liability, NoncurrentUSD | 18,700,000Source | 19,400,000Source | 22,000,000Source | 39,400,000Source |
| Deferred Income Tax Liabilities, NetUSD | 86,700,000Source | 81,200,000Source | 110,600,000Source | 126,400,000Source |
| Other Liabilities, NoncurrentUSD | 22,500,000Source | 30,500,000Source | 33,500,000Source | 60,900,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 93,300,000Source | 99,200,000Source | 75,000,000Source | 82,500,000Source |
| Deferred Tax Liabilities, NetUSD | 47,300,000Source | 41,300,000Source | 59,300,000Source | 68,500,000Source |
| Long-term Debt, Current MaturitiesUSD | 0Source | 100,000Source | 100,000Source | 200,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 993,000,000Source | 700,600,000Source | 699,400,000Source | 723,300,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 109,400,000Source | 132,100,000Source | 105,700,000Source | 126,300,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 122,300,000Source | 124,000,000Source | 124,800,000Source | 126,200,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 14,400,000Source | 22,200,000Source | 20,900,000Source | 20,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 22,500,000Source | -10,700,000Source | 8,900,000Source | 62,800,000Source |
| Increase (Decrease) in InventoriesUSD | -45,400,000Source | 34,000,000Source | 8,900,000Source | 82,400,000Source |
| Deferred Income Tax Expense (Benefit)USD | 5,900,000Source | -16,700,000Source | -32,700,000Source | -3,100,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 230,500,000Source | 289,900,000Source | 257,100,000Source | 173,100,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -76,000,000Source | -87,000,000Source | -50,700,000Source | -54,600,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 73,300,000Source | 87,000,000Source | 108,200,000Source | 76,300,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 5,000,000Source | 11,300,000Source | 3,200,000Source | — |
| Payments for Repurchase of Common StockUSD | 454,300,000Source | 252,200,000Source | 30,100,000Source | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -212,300,000Source | -301,700,000Source | -92,600,000Source | -130,000,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 53,900,000Source | 49,300,000Source | 42,200,000Source | 33,700,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -54,400,000Source | -101,600,000Source | 115,000,000Source | -15,700,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 71,000,000Source | 125,400,000Source | 227,000,000Source | 112,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 40,200,000Source | 33,500,000Source | 34,600,000Source | 35,400,000Source |
| Income Taxes Paid, NetUSD | 7,300,000Source | 42,200,000Source | 59,100,000Source | 35,900,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,400,000Source | -2,800,000Source | 1,200,000Source | -4,200,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 14,400,000Source | 22,200,000Source | 20,900,000Source | 19,900,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 100,000Source | 400,000Source | 600,000Source | 700,000Source |
| Amortization of Intangible AssetsUSD | 5,600,000Source | 6,800,000Source | 6,800,000Source | 6,800,000Source |
| DepreciationUSD | 116,700,000Source | 117,500,000Source | 118,000,000Source | 119,400,000Source |
| Gain (Loss) on Disposition of AssetsUSD | 0Source | 0Source | 800,000Source | 19,400,000Source |
| Gain (Loss) on Sale of InvestmentsUSD | 0Source | 0Source | -3,000,000Source | — |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | — | — | — | -1,600,000Source |
| GoodwillUSD | 191,600,000Source | 186,500,000Source | 188,700,000Source | 187,000,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | 0Source | -5,200,000Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 0Source | 0Source | 8,100,000Source | 8,100,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | 0Source | 0Source | 8,100,000Source | 8,100,000Source |
| Income Tax Expense (Benefit)USD | 25,600,000Source | 22,800,000Source | 12,100,000Source | 31,600,000Source |
| Net Income (Loss) Attributable to ParentUSD | 109,400,000Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 109,400,000Source | 132,100,000Source | 105,700,000Source | 126,300,000Source |
| Operating Lease, ExpenseUSD | 16,100,000Source | 15,300,000Source | 16,100,000Source | 15,200,000Source |
| Other Nonoperating Income (Expense)USD | 1,100,000Source | 0Source | -71,600,000Source | 10,800,000Source |
| Other Operating Income (Expense), NetUSD | -37,800,000Source | -50,000,000Source | -1,400,000Source | 11,900,000Source |
| Proceeds from Stock Options ExercisedUSD | 5,800,000Source | 7,100,000Source | 7,800,000Source | 3,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,893,900,000Source | 1,903,000,000Source | 1,789,000,000Source | 1,577,700,000Source |
| Cost of RevenueUSD | 1,459,100,000Source | 1,433,200,000Source | 1,355,800,000Source | 1,220,600,000Source |
| Selling, General and Administrative ExpenseUSD | 169,000,000Source | 176,600,000Source | 163,800,000Source | 148,000,000Source |
| Operating Income (Loss)USD | 171,600,000Source | 186,100,000Source | 215,300,000Source | 175,200,000Source |
| Other Nonoperating Income (Expense)USD | 1,100,000Source | 0Source | -71,600,000Source | 10,800,000Source |
| Income Tax Expense (Benefit)USD | 25,600,000Source | 22,800,000Source | 12,100,000Source | 31,600,000Source |
| Net Income (Loss) Attributable to ParentUSD | 109,400,000Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 79,500,000Source | 82,300,000Source | 84,600,000Source | 84,400,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 80,000,000Source | 83,000,000Source | 85,500,000Source | 85,000,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 5,600,000Source | 6,800,000Source | 6,800,000Source | 6,800,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 70.95Source | — | — | 0.4Source |
| Current Income Tax Expense (Benefit)USD | 19,700,000Source | 39,500,000Source | 44,800,000Source | 34,700,000Source |
| Gross ProfitUSD | 434,800,000Source | 469,800,000Source | 433,200,000Source | 357,100,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 108,800,000Source | 97,800,000Source | 128,500,000Source | 110,600,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 1.38Source | 1.61Source | 1.25Source | 1.5Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 1.37Source | 1.59Source | 1.24Source | 1.49Source |
| Income (Loss) from Equity Method InvestmentsUSD | 0Source | 0Source | 8,100,000Source | 8,100,000Source |
| Interest ExpenseUSD | 37,700,000Source | 31,200,000Source | 34,000,000Source | 36,200,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 109,400,000Source | 132,100,000Source | 105,700,000Source | 126,300,000Source |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost ComponentUSD | — | — | 2,900,000Source | — |
| Operating Lease, ExpenseUSD | 16,100,000Source | 15,300,000Source | 16,100,000Source | 15,200,000Source |
| Other Operating Income (Expense), NetUSD | -37,800,000Source | -50,000,000Source | -1,400,000Source | 11,900,000Source |
| Research and Development ExpenseUSD | 56,400,000Source | 57,100,000Source | 52,700,000Source | 45,800,000Source |
Filing attachments
hxl-ex99_1.htm · 8-K · 2026-07-29
EX-99.1 2 hxl-ex99_1.htm EX-99.1 EX-99.1 Hexcel Corporation Two Stamford Plaza| 281 Tresser Blvd., 16thFloor Stamford, CT 06901 USA www.hexcel.com Exhibit 99.1 HEXCEL REPORTS 2026 SECOND QUARTER RESULTS • Q2 2026 GAAP diluted EPS of $0.64 compared to Q2 2025 GAAP diluted EPS of $0.17. Q2 2026 GAAP diluted EPS of $0.64 compared to Q2 2025 GAAP diluted EPS of $0.17. • Q2 2026 adjusted diluted EPS of $0.66, compared to Q2 2025 adjusted diluted EPS of $0.50. Q2 20…
Read attachment ↗hxl-ex99_2.htm · 8-K · 2026-07-29
EX-99.2 3 hxl-ex99_2.htm EX-99.2 EX-99.2 EXHIBIT 99.2 Hexcel Corporation and Subsidiaries Net Sales by Segment and Market For the Quarters Ended June 30, 2026 and 2025, March 31, 2026 and 2025 and the Six-Months Ended June 30, 2026 and 2025 Unaudited Commercial Defense, Space (In millions) …
Read attachment ↗ef20071665_ex4-2.htm · 8-K · 2026-04-30
EX-4.2 3 ef20071665_ex4-2.htm EXHIBIT 4.2 Exhibit 4.2 EXECUTION VERSION FOURTH SUPPLEMENTAL INDENTURE DATED AS OF APRIL 30, 2026 TO INDENTURE DATED AS OF AUGUST 3, 2015 BY AND BETWEEN HEXCEL CORPORATION AND U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION TABLE OF CONTENTS Page ARTICLE I DEFINITIONS …
Read attachment ↗hxl-ex99_1.htm · 8-K · 2026-04-22
EX-99.1 2 hxl-ex99_1.htm EX-99.1 EX-99.1 Hexcel Corporation Two Stamford Plaza | 281 Tresser Blvd., 16thFloor Stamford, CT 06901 USA www.hexcel.com Exhibit 99.1 HEXCEL REPORTS 2026 FIRST QUARTER RESULTS • Q1 2026 GAAP diluted EPS of $0.49 compared to Q1 2025 GAAP diluted EPS of $0.35. Q1 2026 GAAP diluted EPS of $0.49 compared to Q1 2025 GAAP diluted EPS of $0.35. • Q1 2026 adjusted diluted EPS of $0.59 compared to Q1 2025 adjusted diluted EPS of $0.37 Q1 2026…
Read attachment ↗hxl-ex99_2.htm · 8-K · 2026-04-22
EX-99.2 3 hxl-ex99_2.htm EX-99.2 EX-99.2 EXHIBIT 99.2 Hexcel Corporation and Subsidiaries Net Sales by Segment and Market For the Quarters Ended March 31, 2026 and 2025 and the Quarter and Year Ended December 31, 2025 Unaudited Commercial Defense, Space (In millions) Aerospace & Other …
Read attachment ↗c115804_ex99-1.htm · 8-K · 2026-03-13
EX-99.1 2 c115804_ex99-1.htm Exhibit 99.1 Hexcel Corporation Two Stamford Plaza | 281 Tresser Blvd., 16th Floor Stamford, CT 06901 USA www.hexcel.com NEWS RELEASE Hexcel Names James Coogan as New Chief Financial Officer STAMFORD, Conn., March 13, 2026 - Hexcel Corporation (NYSE: HXL) announced today that James (Jamie) Coogan has been appointed Executive Vice President and Chief Financial Officer effective May 1, 2026. He will report to Tom Gentile, Hexcel Chairman, CEO a…
Read attachment ↗