Hexcel
Supplies composite materials and engineered structures to aerospace, defense, and industrial markets.
Something off on this page? Send us feedback.
Profile
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
Categories
Key statistics
Year to date +23.4% · Average volume (30d) 974.4K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 4, 2026 | Deutsche Bank | Reiterate | Hold | $79 | $100 | |
| Aug 3, 2026 | Wolfe Research | Downgrade | Peer Perform | Market Perform | $83 | $110 |
| Aug 2, 2026 | Jefferies | Reiterate | Hold | $105 | $110 | |
| Jul 31, 2026 | Morgan Stanley | Reiterate | Equal Weight | $90 | $110 | |
| Jul 31, 2026 | UBS | Reiterate | Buy | $99 | $126 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 29, 2026Q2 FY26 | $0.57 | $0.66 | +15.0% | $528.1M | $529.3M | +0.2% | −2.56% |
| Apr 22, 2026Q1 FY26 | $0.42 | $0.59 | +40.5% | $484.6M | $501.5M | +3.5% | +4.78% |
| Jan 28, 2026Q4 FY25 | $0.49 | $0.52 | +6.3% | $479.2M | $491.3M | +2.5% | +5.40% |
| Oct 22, 2025Q3 FY25 | $0.36 | $0.37 | +2.4% | $443.2M | $456.2M | +2.9% | +11.31% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $456.5M | $489.9M | $456.2M | $491.3M | $494.6M | $529.3M | |
| Gross profit | $102.4M | $111.5M | $99.9M | $121.0M | $123.9M | $138.1M | |
| Operating income | $44.2M | $30.0M | $36.0M | $61.4M | $56.7M | $72.6M | |
| Net income | $28.9M | $13.5M | $20.6M | $46.4M | $37.2M | $49.3M | |
| Diluted EPS | $0.35 | $0.17 | $0.26 | $0.60 | $0.49 | $0.64 | |
| Gross margin | 22.4% | 22.8% | 21.9% | 24.6% | 25.1% | 26.1% | |
| Operating margin | 9.7% | 6.1% | 7.9% | 12.5% | 11.5% | 13.7% |
Fiscal years (4-quarter sums)FY21 $1.32B · FY22 $1.58B · FY23 $1.79B · FY24 $1.90B · FY25 $1.89B
Revenue by product · Q2 FY26
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $62.2M · Total debt $959.4M · Total assets $2.73B · Shareholders' equity $1.30B
Dividends
Raised for 3 straight years — most recently to $0.18 from $0.17 in Feb 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 10, 2026 | Aug 10 | Aug 17 | $0.18 | |
| May 4, 2026 | May 4 | May 11 | $0.18 | |
| Feb 9, 2026 | Feb 9 | Feb 17 | $0.18 | raised from $0.17 |
| Nov 3, 2025 | Nov 3 | Nov 10 | $0.17 | |
| Aug 8, 2025 | Aug 8 | Aug 15 | $0.17 | |
| May 2, 2025 | May 2 | May 9 | $0.17 | |
| Feb 7, 2025 | Feb 7 | Feb 14 | $0.17 | raised from $0.15 |
| Nov 1, 2024 | Nov 1 | Nov 8 | $0.15 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 75.62M · Float 74.64M · 98.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 14.22M | 18.80% | 13F | Aug 7, 2026 |
| Price T Rowe Associates Inc /MD/ | 5.86M | 7.75% | 13F | Aug 14, 2026 |
| T. Rowe Price Associates, Inc. | 5.10M | 6.40% | 13G | Feb 17, 2026 |
| Earnest Partners LLC | 4.58M | 6.06% | 13F | Aug 13, 2026 |
| State Street Corp | 4.37M | 5.78% | 13F | Aug 7, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 14, 2026 | Gina Fitzsimons | officer: See Remarks | −9,675 | $103.14 |
| Feb 27, 2026 | Amy S. Evans | officer: See Remarks | −1,500 | $92.80 |
| Oct 29, 2025 | Patrick Winterlich | officer: EVP, CFO | −3,413 | $73.34 |
| Oct 27, 2025 | Lyndon John Smith | officer: see remarks | −2,077 | $73.02 |
| Sep 2, 2025 | Gina Fitzsimons | officer: See Remarks | −911 | $65.00 |
Peers
Not reported.