Stocks · Industrials · Aerospace & Defense

Hexcel Corporation HXL

$86.41 -0.38% Close, Oct 2, 2026 · NYSE · Market cap $6.53B

Strong growth

Next earnings report: Oct 21, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $1.99, up 85.8% year over year.
  2. Earnings beat analyst estimates in each of the last 5 quarters (average surprise over the last four: +15.1%).
  3. The diluted share count fell 5.1% in a year, mainly through buybacks.

PromtFinance scores

Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth80Strong

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 38%
  • EPS growth (TTM, YoY)Top 15%
  • FCF growth (TTM, YoY)Top 19%
  • Revenue growth, 3-year CAGRTop 43%
  • Revenue growth accelerationTop 37%
Quality68Positive

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 36%
  • Gross marginBottom 39%
  • Operating marginTop 31%
  • Cash conversion (OCF / net income)Top 29%
  • Accruals (lower is better)Top 29%
  • Net debt / EBITDA (lower is better)Bottom 41%
  • Interest coverTop 43%
Value53Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 46%
  • Free-cash-flow yieldTop 35%
  • EBITDA / enterprise valueBottom 40%
  • Sales / enterprise valueBottom 29%
  • P/E vs own 5-year history (lower is better)Top 24%
Momentum61Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 21%
  • 6-month returnTop 42%
  • 1-year return vs S&P 500Top 29%
  • Distance from 52-week highTop 44%
  • Trend checklist (0–4)Bottom 40%
Revisions65Positive

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 28%
  • Consecutive EPS beatsTop 24%
  • Share of analysts rating BuyBottom 32%
  • Upside to consensus price targetBottom 48%
Stability65Positive

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 15%
  • Maximum drawdown, 3 yearsTop 29%
  • Beta vs S&P 500 (lower is better)Bottom 45%
  • Net debt / EBITDA (lower is better)Bottom 41%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)2.4%5.0%↑
EPS growth (YoY)1.3%85.8%↑
Gross margin23.4%24.5%↑
Operating margin7.2%11.5%↑
FCF margin9.1%15.3%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)5.0%2.4%↑Bottom 38%
EPS growth (TTM, YoY)85.8%1.3%↑Top 15%
Gross margin24.5%23.4%↑Bottom 39%
Operating margin11.5%7.2%↑Top 31%
Net margin7.8%4.7%↑—
Free-cash-flow margin15.3%9.1%↑—
Return on invested capital7.9%—Top 36%
Revenue growth, 3-year CAGR6.3%—Top 43%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
2.17×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-6.6%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.8%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-9.2 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
2.53×
Interest cover (operating income / interest)How many times operating profit covers interest.
5.1×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.82%
Net buyback yield (TTM)
5.34%
Shareholder yield
6.16%
Share count change, 1 year
-5.1%
Share count change, 3-year CAGR
-3.7%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 29, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
5
Beats in the last 8 reports
6 of 8
Average EPS surprise, last 4
+15.1%
Average 2-day reaction, last 8
-1.0%
Positive 20 days after report
4 of 8

Analysts

Consensus price target
$111.29
Target vs current price
+28.8%
Analysts with a rating
36
Share rating Buy or Strong Buy
47%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 29, 2026+15.0%-4.0%-5.4%-14.9%—
Apr 22, 2026+36.6%-0.0%+6.7%+1.3%+19.1%
Jan 28, 2026+6.3%-1.6%+1.7%+13.7%+12.0%
Oct 22, 2025+2.4%-0.6%+13.3%+11.9%+28.8%
Jul 24, 2025+25.0%-0.4%-2.6%-3.0%-2.2%
Apr 21, 2025-14.0%-3.1%-3.5%+4.9%+13.2%
Jan 22, 2025+0.0%+0.0%-2.4%-5.1%-23.9%
Oct 21, 2024+2.2%+1.4%-0.3%-5.1%+6.5%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 29, 2026$0.66$0.57+15.0%$529.3M
Apr 22, 2026$0.59$0.43+36.6%$501.5M
Jan 28, 2026$0.52$0.49+6.3%$491.3M
Oct 22, 2025$0.37$0.36+2.4%$456.2M
Jul 24, 2025$0.60$0.48+25.0%$489.9M
Apr 21, 2025$0.37$0.43-14.0%$456.5M
Jan 22, 2025$0.52$0.52+0.0%$473.8M
Oct 21, 2024$0.47$0.46+2.2%$456.5M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)43.4×53.1×26thBottom 46%
P/E (forward)36.0×———
EV / EBITDA21.0×——Bottom 40%
EV / Sales3.77×——Bottom 29%
Free-cash-flow yield4.61%——Top 35%
Earnings yield2.30%——Bottom 46%

P/E over the past five years

Range 33.6× – 286.5× since Dec 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+35.0%
Earnings per share growth (TTM)
+85.8%
Change in P/E multiple
-8.9%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-5.3%
200-day average slope (20 days)
+1.6%
Distance from 50-day average
-9.2%
Distance from 200-day average
-3.8%
RSI (14)
38.7
Relative volume
1.12×

Risk and drawdowns

Volatility, 60 days (annualized)
26.5%
Volatility vs own 5-year history
24th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
1.10
Correlation with S&P 500
0.53
Current drawdown from 1-year high
-21.6%
Maximum drawdown, 3 years
-38.4%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jul 12, 2023Apr 8, 2025-39.1%437 days168 days (Dec 8, 2025)
Jun 24, 2021Dec 16, 2021-25.7%122 days278 days (Jan 26, 2023)
Jul 24, 2026Sep 30, 2026-23.9%47 daysNot yet recovered
Dec 3, 2020Jan 29, 2021-22.0%38 days17 days (Feb 24, 2021)
Mar 17, 2021May 12, 2021-21.2%39 days30 days (Jun 24, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$6.53B
P/E (TTM)
43.4
EPS, diluted (TTM)
$1.99
Revenue (TTM)
$1.97B
Dividend yield
0.82%
52-week range
$60.82 – $111.74
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$1.32B$1.58B$1.79B$1.90B$1.89B
Gross profit$250.1M$357.1M$433.2M$469.8M$434.8M
Operating income$51.8M$175.2M$215.3M$186.1M$171.6M
Net income$16.1M$126.3M$105.7M$132.1M$109.4M
EPS (diluted)$0.19$1.49$1.24$1.59$1.37
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
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
EPS (diluted)$0.48$0.07$0.35$0.17$0.26$0.60$0.49$0.64
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$151.7M$173.1M$257.1M$289.9M$230.5M
Capital expenditure-$27.9M-$76.3M-$108.2M-$87.0M$76.7M
Free cash flow$123.8M$96.8M$148.9M$202.9M$307.2M
Dividends paid$0-$33.7M-$42.2M-$49.3M-$53.9M
Net share buybacks$0$0-$30.1M-$252.2M-$454.3M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$62.2M
Total assets
$2.73B
Total liabilities
$1.43B
Total debt
$959.4M
Net debt
$897.2M
Shareholders’ equity
$1.30B

As of Jun 30, 2026 (filed Jul 29, 2026).

Dividends

Ex-dateAmountPaid
Aug 10, 2026$0.18Aug 17, 2026
May 4, 2026$0.18May 11, 2026
Feb 9, 2026$0.18Feb 17, 2026
Nov 3, 2025$0.17Nov 10, 2025
Aug 8, 2025$0.17Aug 15, 2025
May 2, 2025$0.17May 9, 2025
Feb 7, 2025$0.17Feb 14, 2025
Nov 1, 2024$0.15Nov 8, 2024

Short interest

Shares sold short
4,390,752
Days to cover
5.84
Change vs previous report
+23.7%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

May 23, 1988
3-for-2
Oct 25, 1978
4-for-3
Jun 28, 1976
5-for-4