HXL · NYSE · Aerospace & Defense

Hexcel (HXL)

Supplies composite materials and engineered structures to aerospace, defense, and industrial markets.

$85.57
vs last close−1.37 (−1.58%)
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Hexcel CorporationHXL
Industrials

Supplies carbon fiber, resins, honeycomb, and engineered composite structures to aerospace, defense, space, and industrial customers. Business is organized into Composite Materials and Engineered Products.

Carbon-fiber reinforcements, resin systems, and honeycomb materials serve commercial aerospace, defense and space, and selected industrial applications. Composite Materials and Engineered Products are the two reportable segments, with engineered structures and assemblies used in commercial and military aircraft, helicopters, and business jets.

Origins in honeycomb research for military-aircraft radomes still echo in a materials-led portfolio. Operations are international, with the workforce split between the United States and other locations. Commercial aerospace is an important end market, while defense, space, high-performance automotive, and recreational equipment add outlets. The business depends on aerospace and industrial activity, and its footprint has been streamlined around core carbon-fiber composites.

Company facts

CEOThomas C. Gentile III
ListedMar 17, 1980
ExchangeNYSE
HeadquartersStamford, CT
CountryUnited States
Employees5,563
CIK0000717605
ISINUS4282911084

Market cap$6.57B
EPS (ttm)$1.99
P/E (ttm)43.69
ROE11.4%
P/B5.06
P/S3.34
Dividend yieldDiv yield0.82%
Beta0.94vs XLI 1.24

Price target$110.00+26.5%Average of 36 analysts
ConsensusHold18 of 36 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 14, 2026GuggenheimInitiate
Rating: Target:
Rating: BuyTarget: $120
Aug 4, 2026Deutsche BankReiterate
Rating: Target: $79
Rating: HoldTarget: $100
Aug 3, 2026Wolfe ResearchDowngrade
Rating: Peer PerformTarget: $83
Rating: Market PerformTarget: $110
Aug 2, 2026JefferiesReiterate
Rating: Target: $105
Rating: HoldTarget: $110
Jul 31, 2026Morgan StanleyReiterate
Rating: Target: $90
Rating: Equal WeightTarget: $110

Next report
Oct 28, 26
in 36 days
EPS estimate
$0.47
Revenue estimate
$503.0M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$0.52$0.37$0.60$0.37$0.52$0.59$0.66Pending
Estimate$0.52$0.43$0.48$0.36$0.49$0.43$0.57$0.47
Surprise0.0%−14.0%+25.0%+2.4%+6.3%+36.6%+15.0%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$473.8M$456.5M$489.9M$456.2M$491.3M$501.5M$529.3MPending
Estimate$486.0M$501.0M$450.0M$443.2M$479.2M$484.6M$528.1M$503.0M
Surprise−2.5%−8.9%+8.9%+2.9%+2.5%+3.5%+0.2%
Estimate$0.47
ReportedDue Oct 28, 2026
Estimate$503.0M
ReportedDue Oct 28, 2026
View details

Debt to equity73.90%
Current ratio242.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$456.5M$473.8M$456.5M$489.9M$456.2M$491.3M$494.6M$529.3M
Net income$39.8M$5.8M$28.9M$13.5M$20.6M$46.4M$37.2M$49.3M
Net margin8.7%1.2%6.3%2.8%4.5%9.4%7.5%9.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$52.5M$8.9M$44.2M$30.0M$36.0M$61.4M$56.7M$72.6M
YoY growth+20.4%−81.3%−21.1%−58.2%−31.4%+589.9%+28.3%+142.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $62.2M · Total debt $959.4M · Total assets $2.73B · Shareholders' equity $1.30B

Revenue
$529.3M
Operating income
$72.6M
Net income
$49.3M
View details

Dividend yield
0.82%
Next ex-date
Nov 10, 26
estimated · in 49 days
Annual dividend
$0.71
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26
Dividend$0.15$0.17$0.17$0.17$0.17$0.18$0.18$0.18
Annual yield1.02%0.95%1.29%1.09%0.94%0.80%0.77%0.70%
Ex-dateNov 1Feb 7May 2Aug 8Nov 3Feb 9May 4Aug 10
Payment dateNov 8Feb 14May 9Aug 15Nov 10Feb 17May 11Aug 17
View details

Institutions115.11%87.05M shares
542 holders · as of Jun 30, 2026
Insiders0.90%682.3K shares
12 holders · as of Sep 8, 2026
Strategic holders12.59%9.52M shares
2 holders · as of Apr 30, 2026
Adds to128.60%

75.62M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 128.60%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
18.80%14.22Mas of Jun 30, 2026
Eaton Vance ManagementInstitution
10.07%7.62Mfiled Feb 12, 2021
Price T Rowe Associates Inc /MD/Institution
7.75%5.86Mas of Jun 30, 2026
BlackRock Portfolio Management LLCStrategic
6.70%5.07Mfiled Apr 30, 2026
Earnest Partners LLCInstitution
6.06%4.58Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 3, 2026Gail E. Lehmanofficer: See Remarks−13,829$92.10
Aug 14, 2026Gina Fitzsimonsofficer: See Remarks−9,675$103.14
Feb 27, 2026Amy S. Evansofficer: See Remarks−1,500$92.80
Oct 29, 2025Patrick Winterlichofficer: EVP, CFO−3,413$73.34
Oct 27, 2025Lyndon John Smithofficer: see remarks−2,077$73.02
View details

Not reported.