HXL
Hexcel Corporation72.31
-1.39-1.89%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
5.76BP/E (TTM)
85.07Basic EPS (TTM)
0.85Dividend Yield
0.01%Recent Filings
8-K
8-K
CFO resigns, search underway
Hexcel Corporation's Executive Vice President and CFO Patrick Winterlich announced his resignation on October 20, 2025, effective November 30, 2025, to pursue another opportunity, with no disagreements on company matters. The board has launched a search for his replacement. This leadership shift arrives amid Hexcel's ongoing operations. Smooth transition remains key.
10-Q
Q3 FY2025 results
Hexcel's Q3 2025 net sales held steady at $456.2 million, flat year-over-year but with Defense, Space & Other up 13.3% to $182.0 million on fighter and rotorcraft demand, offsetting a 7.3% dip in Commercial Aerospace to $274.2 million from Airbus A350 destocking. Gross margin slipped to 21.9% from 23.3%, while operating income fell 31.4% to $36.0 million amid restructuring charges and a $3.4 million Austria divestiture loss; net income dropped to $20.6 million or $0.26 per diluted share from $39.8 million or $0.49. Year-to-date, sales declined 1.9% to $1,402.6 million, operating income 37.8% to $110.2 million, and free cash flow came in at $49.9 million after $55.1 million capex. Cash stood at $90.5 million against $757.9 million debt, including $60.0 million drawn on a $750.0 million facility with $690.0 million available; a $300.0 million note redemption funded new 5.875% notes due 2035. Restructuring hit $25.3 million YTD for Belgium closure. Supply chain snarls persist as a drag.
8-K
Hexcel Q3 sales flat, EPS down
Hexcel reported Q3 2025 sales of $456 million, flat year-over-year but with commercial aerospace down 7.3% from A350 and 787 destocking, while defense and space surged 13.3%. Adjusted EPS fell to $0.37 from $0.47 amid restructuring charges for Austria and Belgium divestitures. The company launched a $350 million accelerated share repurchase, signaling confidence, yet trimmed 2025 guidance to $1.88 billion sales and $1.70-$1.80 adjusted EPS due to tariffs. Destocking lingers.
8-K
Hexcel Q2 sales dip 2%
Hexcel reported Q2 2025 sales of $490 million, down 2.1% from $500 million last year, as commercial aerospace dipped 8.6% amid Airbus A350 softness and Boeing program declines, while defense, space, and other surged 9.5% on helicopter and fighter growth. Adjusted EPS fell to $0.50 from $0.60, pressured by $24.2 million restructuring charges from closing its Belgium facility, yet margins held at 11.1%. Sales declined. Full-year guidance stays firm at $1.88-$1.95 billion.
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