Hexcel Corporation (HXL) Stock Price & Analysis
Hexcel Corporation (HXL) closed at USD 81.27 on Thursday, October 22, 2026, down 9.54% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 89.84; the Oct 22, 2026 session ranged USD 78.01–82.38 on volume of 5,674,994 shares. Market capitalization is $6.15B, with a 52-week range of USD 63.21–111.74 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 08:39 UTC.
Also available as compact Markdown for AI agents: nexqual.com/HXL.md
Key facts (HXL)
- Last four reported quarters (through Sep 30, 2026): revenue $2.02B, net income $172M (8.5% margin), free cash flow $210M (SEC filings).
- Valuation: P/E 35.8x (avg 51.0x at the last 3 fiscal year-ends), EV/EBITDA 19.0x, net debt $857M.
- 1 of 80 tracked superinvestors hold HXL (13F, Q2 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $2.3M; 2 not under a Rule 10b5-1 plan ($2.3M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.56 on a 1–5 scale) (16 analysts), mean target USD 102.2 (range 90–123).
- Total return with dividends: 1Y +15.5% vs S&P 500 +14.9%; 5Y +46.3% vs S&P 500 +80.3%.
- Next earnings: 2026-10-21, EPS estimate USD 0.66, revenue estimate $559M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (HXL)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.32B | $1.58B | $1.79B | $1.90B | $1.89B | $2.02B |
| Gross profit | $250M | $357M | $433M | $470M | $435M | — |
| Operating income | $51.8M | $175M | $215M | $186M | $172M | $246M |
| Net income | $16.1M | $126M | $106M | $132M | $109M | $172M |
| Free cash flow | $124M | $96.8M | $149M | $203M | $157M | $210M |
| Gross margin | 18.9% | 22.6% | 24.2% | 24.7% | 23.0% | — |
| Operating margin | 3.9% | 11.1% | 12.0% | 9.8% | 9.1% | 12.2% |
| Net margin | 1.2% | 8.0% | 5.9% | 6.9% | 5.8% | 8.5% |
| Revenue growth | -11.8% | +19.1% | +13.4% | +6.4% | -0.5% | — |
| Cash + short-term investments | $128M | $112M | $227M | $125M | $71.0M | — |
| Total debt | $823M | $724M | $700M | $701M | $993M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Sep 30, 2026) (HXL)
P/E 35.8x · P/S 3.0x · EV/EBITDA 19.0x · EV/Sales 3.5x · P/FCF 29.3x · P/B 4.6x · FCF yield 3.41% · Earnings yield 2.79% · Dividend yield (paid, TTM) 0.88% · Buyback yield (TTM) 5.75% · Net debt $857M · EV $7.00B
P/E at fiscal year-ends: Dec 2025 54.0x, Dec 2024 39.4x, Dec 2023 59.7x.
Superinvestors (SEC 13F-HR, Q2 2026) (HXL)
1 of 80 tracked investors hold HXL. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Thomas Gayner | Markel Group | 0.14% | $18.9M | Unchanged |
Insider sales (SEC Form 4, open-market, last ~7 months) (HXL)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-03 | Lehman Gail E | See Remarks | 13,829 | $1.3M | 40.7% | No | Too little history (no open-market trades in 2025) |
| 2026-08-14 | Fitzsimons Gina | See Remarks | 9,675 | $998K | 55.6% | No | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (HXL)
Consensus Hold (mean 2.56 on a 1–5 scale), 16 analysts; mean target USD 102.2 (low 90, high 123).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-19 | Morgan Stanley | Target lowered | Equal-Weight | $110 → $97 |
| 2026-10-15 | RBC Capital | Target lowered | Outperform | $115 → $105 |
| 2026-10-12 | Seaport Global | Upgrade | Neutral → Buy | $104 |
| 2026-10-09 | TD Cowen | Target lowered | Hold | $115 → $90 |
| 2026-09-30 | Wells Fargo | Target lowered | Overweight | $120 → $105 |
| 2026-09-28 | Jefferies | Target lowered | Hold | $110 → $98 |
| 2026-09-15 | Guggenheim | Initiated | Buy | $120 |
| 2026-08-04 | Goldman Sachs | Target raised | Neutral | $88 → $97 |
| 2026-08-04 | Wells Fargo | Target raised | Overweight | $95 → $120 |
| 2026-08-02 | Jefferies | Target raised | Hold | $105 → $110 |
| 2026-07-31 | UBS | Target raised | Buy | $113 → $126 |
| 2026-07-31 | RBC Capital | Target raised | Outperform | $105 → $115 |
Total return (dividends reinvested) (HXL)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +15.5% | +46.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +15.5% | +7.9% |
| Volatility (annualized) | 32.1% | 31.6% |
| Max drawdown | -26.2% (Jul 2026→Oct 2026) | -36.3% (Jul 2023→Mar 2025) |
HXL revenue by business segment (quarter ended Sep 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Composite Materials | $390.3M | 78.6% | +7.5% |
| Engineered Products | $106.1M | 21.4% | +14.1% |
| Total revenue | $496.4M | 100% | — |
HXL revenue by product line (quarter ended Sep 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Commercial Aerospace Market Applications | $330.3M | 66.5% | +20.5% |
| Space & Defense Market Applications | $166.1M | 33.5% | -8.7% |
| Total revenue | $496.4M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
HXL suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Airbus | “Approximately 39%, 40% and 39% of our 2025, 2024 and 2023 net sales, respectively, were to Airbus and its subcontractors.” |
| Supplier | Boeing (BA) | “Approximately 13%, 15% and 15% of our 2025, 2024 and 2023 net sales, respectively, were to Boeing and its subcontractors.” |
Quoted from the company's 10-K filed Feb 11, 2026.
HXL customer concentration
In the period ended Dec 31, 2025, 2 direct customers each accounted for at least 10% (39%, 13%) of revenue, per the company's 10-K filed Feb 11, 2026. The company does not name them.
HXL company outlook (results filed Oct 21, 2026)
- “Guidance (unchanged) • Sales of $2.025 billion to $2.125 billion • Adjusted diluted earnings per share of $2.30 to $2.40 • Free cash flow of greater than $195 million • Capital expenditures less than $100 million ***** Hexcel will host a conference call at 9:30 a.m.”
Quoted word-for-word from the SEC 8-K results press release.
HXL analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $0.66 | $0.65 | +2.4% | $558.9M | 14 |
| Next quarter (ends Mar 2027) | $0.65 | $0.64 | +1.3% | $538.9M | 8 |
| Current fiscal year (ends Dec 2026) | $2.41 | $2.28 | +5.4% | $2.09B | 17 |
| Next fiscal year (ends Dec 2027) | $3.22 | $3.20 | +0.6% | $2.32B | 15 |
HXL options: expected move
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 34.7% | ±7.8% |
| Dec 18, 2026 | 56 | 37.6% | ±11.7% |
| Jan 15, 2027 | 84 | 31.9% | ±12.1% |
| Mar 19, 2027 | 147 | 36.4% | ±18.1% |
| Jun 17, 2027 | 237 | 36.4% | ±22.9% |
30-day implied volatility 34.8% vs 38.1% realized over the last 30 trading days. Put/call ratio (volume) 0.11. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 08:39 UTC)
| Price | USD 81.27 |
|---|---|
| Change | ▼ 9.54% (down) |
| Previous Close | USD 89.84 |
| Open | USD 78.37 |
| Day Range | USD 78.01 – 82.38 |
| 52-Week Range | USD 63.21 – 111.74 |
| Volume | 5,674,994 shares |
| Market Cap | $6.15B |
| Exchange | NYQ |
Technical Analysis (HXL)
Nexqual's technical model rates HXL "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 08:39 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 32.91 (neutral) |
| vs SMA50 | Below (USD 90.33) |
| MACD | -0.54 (negative) |
Analyst Ratings (HXL)
Wall Street analysts rate HXL "Hold" based on 16 analysts, with a mean price target of USD 102.2 (range USD 90–123), per Nexqual as of October 23, 2026 at 08:39 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 16 |
| Mean Target | USD 102.2 |
| High Target | USD 123 |
| Low Target | USD 90 |
| Buy / Hold / Sell | 6 / 10 / 0 |
Earnings (HXL)
| Next Earnings Date | 2026-10-21 |
|---|---|
| EPS Estimate | USD 0.66 |
| Revenue Estimate | $558.93M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 0.5 vs est 0.5 ▲ beat |
| 2026-06-30 | USD 0.66 vs est 0.58 ▲ beat |
| 2026-03-31 | USD 0.59 vs est 0.44 ▲ beat |
| 2025-12-31 | USD 0.52 vs est 0.49 ▲ beat |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financials & Fundamentals (HXL)
| Total Revenue | $1.98B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +8.00% |
| Gross Margin | +24.96% |
| Operating Margin | +13.90% |
| Profit Margin | +7.76% |
| ROE | +10.76% |
| Debt / Equity | 0.74 |
| Current Ratio | 2.43 |
| Total Cash | $62.50M |
| Total Debt | $959.40M |
| Free Cash Flow (last four quarters to Sep 2026, SEC 10-Q / 10-K) | $209.80M (10.4% of revenue) |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financial Health Score (HXL)
Nexqual rates Hexcel Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 08:39 UTC.
| Growth | Weak — Revenue -0% YoY (annual), declining |
|---|---|
| Profitability | Mixed — Gross margin 25%, operating 14% (last 12 months) |
| Balance Sheet | Strong — $78M cash and investments vs $935M debt (Sep 2026, SEC) |
| Cash Flow | Solid — FCF $210M (last 4 quarters to Sep 2026, SEC), 10% margin |
| Efficiency | Mixed — ROE 11%, ROA 6.0% |
Ownership (HXL)
| Insider Ownership | +0.96% |
|---|---|
| Institutional Ownership | +115.29% |
| Shares Outstanding | 75.62M |
| Float | 74.83M |
| Short % of Float | +7.24% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Leadership (HXL)
Hexcel Corporation is led by Thomas C. Gentile, CEO, President & Chairman, per Nexqual as of October 23, 2026 at 08:39 UTC.
| CEO, President & Chairman | Thomas C. Gentile |
|---|---|
| Executive VP & CFO | James G. Coogan |
| Senior VP & Chief Technology Officer | Bob Kody |
| Vice President of Investor Relations | Kurt Goddard |
| President of Americas & Global Fibers | Lyndon Smith |
Major Backers & Investors (HXL)
Notable institutional backers of Hexcel Corporation include Price (T.Rowe) Associates Inc, Earnest Partners LLC, Massachusetts Financial Services Co., according to Nexqual as of October 23, 2026 at 08:39 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Price (T.Rowe) Associates Inc | 7.75% |
| Earnest Partners LLC | 6.06% |
| Massachusetts Financial Services Co. | 3.27% |
| T. Rowe Price | 3.12% |
| Bank of America Corporation | 2.87% |
| Brandes Investment Partners L.P. | 2.82% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 18.8% |
| Vanguard Group | 8.66% |
| State Street | 5.78% |
| Geode Capital | 2.26% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
From Hexcel Corporation's Latest SEC 10-K Filing (filed 2026-02-11)
Key Strengths & Strategy (as disclosed to the SEC)
- Our manufacturing operations are in many cases vertically integrated.
- One example of the benefits of our vertical integration is that it enables us to control both the carbon fiber surface structure and resin formulations to optimize their interaction and ensure excellent interfacial adhesion or bonding.
Legal & Regulatory Risks (Item 1A, quoted)
- We could be adversely affected by environmental and safety requirements, as well as legal, regulatory or market measures to address climate change.
- Our amended and restated bylaws (the "bylaws") provide that the Court of Chancery of the State of Delaware will be the exclusive forum for certain legal actions between us and our stockholders, which could discourage lawsuits against the Company and our directors and officers.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SARO | StandardAero, Inc. | USD 21.72 | ▲ 1.26% |
| KTOS | Kratos Defense & Security Solut | USD 38.27 | ▼ 1.21% |
| CAE | CAE Inc | USD 25.02 | ▲ 2.08% |
| DRS | Leonardo DRS, Inc. | USD 34.3 | ▲ 1.06% |
| MOG-A | Moog Inc. | USD 341.71 | ▼ 6.96% |
| HII | Huntington Ingalls Industries, | USD 278.86 | ▲ 1.79% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:39 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt