Earnings summaries and quarterly performance for HEXCEL CORP /DE/.
Executive leadership at HEXCEL CORP /DE/.
Thomas C. Gentile III
Detailed
Chief Executive Officer and President
CEO
GE
Gail E. Lehman
Detailed
Executive Vice President, Chief Legal and Sustainability Officer, and Secretary
GF
Gina Fitzsimons
Detailed
Executive Vice President, Chief Human Resources and Communications Officer
PJ
Patrick J. Winterlich
Detailed
Executive Vice President and Chief Financial Officer
TP
Thierry P. Merlot
Detailed
Executive Vice President – Strategy
Board of directors at HEXCEL CORP /DE/.
Research analysts who have asked questions during HEXCEL CORP /DE/ earnings calls.
Kenneth Herbert
RBC Capital Markets
8 questions for HXL
Also covers: , AIR, AMTM +24 more
SD
Scott Deuschle
Deutsche Bank
8 questions for HXL
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Scott Mikus
Melius Research
8 questions for HXL
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SK
Sheila Kahyaoglu
Jefferies
8 questions for HXL
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GK
Gautam Khanna
TD Cowen
7 questions for HXL
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GP
Gavin Parsons
UBS Group AG
7 questions for HXL
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Michael Ciarmoli
Truist Securities, Inc.
7 questions for HXL
Also covers: AIN, AIR, ASLE +20 more
MW
Myles Walton
Wolfe Research, LLC
7 questions for HXL
Also covers: , ATI, B +19 more
John McNulty
BMO Capital Markets
6 questions for HXL
Also covers: APD, ASH, AVY +14 more
David Strauss
Barclays
4 questions for HXL
Also covers: ATI, BA, BWXT +16 more
PS
Peter Skibitski
Alembic Global Advisors
4 questions for HXL
Also covers: AVAV, BWXT, CW +9 more
RS
Richard Safran
Seaport Research Partners
4 questions for HXL
Also covers: ATI, BA, GD +3 more
Kristine Liwag
Morgan Stanley
3 questions for HXL
Also covers: , AER, AMTM +27 more
NP
Noah Poponak
Goldman Sachs
3 questions for HXL
Also covers: AMTM, BA, CACI +22 more
MA
Matthew Akers
Wells Fargo & Company
2 questions for HXL
Also covers: BAH, CACI, GD +9 more
RE
Ron Epstein
Bank of America Corporation
2 questions for HXL
Also covers: BA, TXT
AP
Alexander Preston
Bank of America Merrill Lynch
1 question for HXL
Also covers: AIN, BWXT, DRS +2 more
CK
Catherine Keller
Wells Fargo
1 question for HXL
Gavin Eric Parsons
UBS
1 question for HXL
Also covers: CACI
JA
Jack Ayers
TD Cowen
1 question for HXL
Also covers: AIN
Louis Raffetto
Wolfe Research
1 question for HXL
Also covers: ERJ, FTAI, HEI +2 more
Michael Frank Ciarmoli
Truist Securities
1 question for HXL
Philip Gibbs
KeyBanc Capital Markets
1 question for HXL
Also covers: ATI, CLF, CMC +10 more
RE
Ronald Epstein
Bank of America
1 question for HXL
Also covers: , AER, AL +26 more
Recent press releases and 8-K filings for HXL.
Hexcel Reports Q4 and Full Year 2025 Results, Provides 2026 Guidance
HXL
Earnings
Guidance Update
Share Buyback
- Hexcel reported full-year 2025 sales of $1.894 billion, adjusted EPS of $1.76, and free cash flow of $157 million. Fourth quarter 2025 sales were $492 million, up 3.7% from 2024, driven by a 7.6% increase in commercial aerospace sales.
- The company anticipates 2026 sales in the range of $2.0 billion-$2.1 billion, adjusted EPS between $2.10-$2.30, and free cash flow greater than $195 million.
- Hexcel launched a $350 million Accelerated Share Repurchase program in Q3 2025 and announced a 6% increase in the quarterly dividend to $0.18 per share.
- Management expressed confidence in a sustained ramp-up in commercial aircraft production rates, with destocking by OEMs largely behind them, and sees strong long-term demand in defense and space markets.
Jan 29, 2026, 2:00 PM
Hexcel Reports Q4 and Full Year 2025 Results, Provides 2026 Guidance
HXL
Earnings
Guidance Update
Share Buyback
- Hexcel reported full-year 2025 sales of $1.894 billion and adjusted EPS of $1.76, with Q4 2025 sales of $492 million, marking a 3.7% increase from 2024.
- The company provided 2026 guidance, projecting sales between $2.0 billion and $2.1 billion, adjusted EPS in the range of $2.10 to $2.30, and free cash flow greater than $195 million. Commercial aerospace sales are expected to grow at a low to mid double-digit rate in 2026.
- Hexcel initiated a $350 million Accelerated Share Repurchase program in Q3 2025 and increased its quarterly dividend by 6% to $0.18 per share. The company's net debt to LTM Adjusted EBITDA was just under 2.7 times at year-end 2025, with a commitment to return to the target range of 1.5-2.0 times in 2026.
- Management noted that OEM destocking is largely complete, and the commercial aircraft production recovery is gaining traction. Hexcel anticipates $500 million in incremental annual sales from Airbus and Boeing reaching peak build rates, plus over $200 million from defense and regional jets, and expects to generate over $1 billion in cumulative free cash flow from 2026 to 2029.
Jan 29, 2026, 2:00 PM
Hexcel Reports Q4 and Full-Year 2025 Results, Provides 2026 Guidance
HXL
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Hexcel reported $1,894 million in sales for fiscal year 2025, alongside adjusted diluted EPS of $1.76 and adjusted operating income of $269 million.
- For Q4 2025, the Composite Materials segment generated $415.1 million in sales and $85.2 million in adjusted operating income, while the Engineered Products segment achieved $98.5 million in sales and $11.0 million in adjusted operating income.
- The company provided 2026 guidance, projecting sales between $2.0 billion and $2.1 billion, adjusted diluted EPS of $2.10 to $2.30 per share, and free cash flow greater than $195 million.
- Hexcel maintains its position as a leader in aerospace composites with 5,563 employees as of December 31, 2025, and its 2025 sales were primarily driven by Commercial Aerospace (61%) and Defense, Space & Other (39%).
Jan 29, 2026, 2:00 PM
Hexcel Reports Q4 and Full-Year 2025 Results, Provides 2026 Guidance
HXL
Earnings
Guidance Update
Share Buyback
- Hexcel reported full-year 2025 sales of $1.894 billion and adjusted EPS of $1.76, with Q4 2025 sales reaching $492 million, an increase of 3.7% from 2024.
- The company faced challenges in 2025 due to OEM destocking, schedule delays, and supply chain constraints, but saw a positive trend in commercial orders by year-end, setting up for a stronger 2026.
- For 2026, Hexcel expects sales in the range of $2.0 billion-$2.1 billion, adjusted EPS between $2.10-$2.30, and free cash flow greater than $195 million.
- Hexcel anticipates generating $500 million in incremental annual sales from existing contracts with Airbus and Boeing when peak build rates are achieved, plus over $200 million from defense, space, business, and regional jets.
- The company initiated a $350 million accelerated share repurchase program and increased its quarterly dividend by 6% to $0.18 per share, while also reducing headcount by 330 positions in 2025.
Jan 29, 2026, 2:00 PM
Hexcel Reports Q4 and Full Year 2025 Results, Provides 2026 Guidance
HXL
Earnings
Guidance Update
Dividends
- Hexcel reported Q4 2025 net sales of $491.3 million, a 3.7% increase compared to Q4 2024, with adjusted diluted EPS remaining flat at $0.52.
- For the full year 2025, net sales were $1,893.9 million, a 0.5% decrease from FY 2024, and adjusted diluted EPS was $1.76, down 13.3% from FY 2024.
- The company provided 2026 guidance, projecting sales between $2.0 billion and $2.1 billion and adjusted diluted EPS between $2.10 and $2.30, with Free Cash Flow expected to exceed $195 million.
- Hexcel increased its quarterly dividend by 6% to $0.18 per share and initiated a $350 million accelerated share repurchase (ASR) agreement in October 2025.
Jan 28, 2026, 9:30 PM
Hexcel Reports 2025 Fourth Quarter and Full Year Results
HXL
Earnings
Guidance Update
Dividends
- Hexcel Corporation reported Q4 2025 sales of $491 million and adjusted diluted EPS of $0.52, with full-year 2025 sales of $1,894 million and adjusted diluted EPS of $1.76.
- For 2026, the company issued guidance forecasting sales between $2.0 billion and $2.1 billion, adjusted EPS from $2.10 to $2.30, and free cash flow exceeding $195 million.
- The quarterly dividend was increased by 6% to $0.18.
- CEO Tom Gentile noted positive trends in Q4 2025, including abating destocking and rising commercial aircraft build rates, reinforcing expectations for an accelerating commercial aerospace recovery and a stronger 2026.
Jan 28, 2026, 9:15 PM
Hexcel Reports Q3 2025 Results, Updates Guidance, and Authorizes Share Repurchase Program
HXL
Earnings
Guidance Update
Share Buyback
- Hexcel reported Q3 2025 sales of $456.2 million and adjusted diluted EPS of $0.37, with gross margin decreasing to 21.9% from 23.3% in Q3 2024 due to sales mix, tariffs, and inventory reduction actions.
- The company revised its 2025 guidance, narrowing sales expectations to the bottom of the prior range and reducing EPS guidance, primarily due to lingering OEM destocking in Q4 and the incorporation of tariffs. Commercial aerospace sales are now forecasted to be down mid to upper single digits, while defense, space, and other sales are expected to be higher by mid to upper single digits.
- Hexcel expressed growing confidence in a sustained ramp-up in aerospace production rates, with the commercial aircraft backlog exceeding 15,000 units and key programs like the A350, A320, 737 MAX, and 787 targeting increased build rates in the coming years. The company expects to exit 2025 aligned with customer build rates and positioned for growth in 2026 and beyond.
- The Board authorized an additional $600 million share repurchase program and announced a $350 million accelerated share repurchase (ASR), funded by its revolver, with a commitment to repay the revolver and return to target leverage ratios in 2026. Hexcel forecasts generating over $1 billion in cumulative free cash flow from 2025 to 2028.
- Patrick Winterlich, EVP and CFO, announced his departure from Hexcel after 27 years.
Oct 23, 2025, 1:00 PM
Hexcel Reports Q3 2025 Results, Updates Guidance, and Announces Share Repurchase Program
HXL
Guidance Update
Share Buyback
CFO Change
- Hexcel reported $456 million in sales and $0.37 adjusted diluted EPS for Q3 2025, with a gross margin of 21.9%. The company reduced its 2025 sales expectation and EPS guidance due to lingering destocking and tariffs, forecasting commercial aerospace sales to be down mid to upper single digits and defense, space, and other sales to be higher by mid to upper single digits for the year.
- The Board authorized an additional $600 million share repurchase program, and Hexcel announced a $350 million accelerated share repurchase (ASR), funded by its revolver.
- Hexcel forecasts generating over $1 billion in cumulative free cash flow from 2025 to 2028.
- Patrick Winterlich, EVP and CFO, is leaving Hexcel after 33 years.
Oct 23, 2025, 1:00 PM
Hexcel Reports Q3 Earnings, Lowers Full-Year Guidance, and Announces CFO Resignation
HXL
Earnings
Guidance Update
CFO Change
- Hexcel Corp. reported third-quarter earnings of $0.37 per share, slightly missing analyst estimates, with revenue flat year-over-year at approximately $456 million.
- The company lowered its full-year revenue guidance to around $1.88 billion and cut adjusted earnings guidance, attributing this to tariffs, inflation, and destocking effects.
- CFO Patrick Winterlich is resigning effective November 30, and the board authorized an additional $600 million for share repurchases, including a $350 million accelerated share repurchase agreement.
- Management maintains confidence in the commercial aerospace sector for 2026, anticipating $500 million in incremental annual revenue from existing contracts as production rates increase.
Oct 22, 2025, 11:19 PM
Hexcel Reports Q3 2025 Results, Revises Guidance, and Announces Share Repurchase
HXL
Earnings
Guidance Update
Share Buyback
- Hexcel reported Q3 2025 net sales of $456 million and adjusted diluted EPS of $0.37, compared to $457 million and $0.47 respectively in Q3 2024.
- The company revised its 2025 guidance, now expecting sales of around $1.88 billion and adjusted diluted EPS of $1.70 to $1.80, reflecting the impact of tariffs.
- The Board of Directors authorized an additional $600 million for share repurchases, and Hexcel has entered into a $350 million accelerated share repurchase (ASR) as part of this authorization.
- A quarterly dividend of $0.17 per share was declared, payable to stockholders of record as of November 3, 2025, with a payment date of November 10, 2025.
Oct 22, 2025, 8:15 PM
Quarterly earnings call transcripts for HEXCEL CORP /DE/.
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