Hexcel (HXL)
Market Price (4/23/2026): $90.5 | Market Cap: $7.0 BilSector: Industrials | Industry: Aerospace & Defense
Hexcel (HXL)
Market Price (4/23/2026): $90.5Market Cap: $7.0 BilSector: IndustrialsIndustry: Aerospace & Defense
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12% Low stock price volatilityVol 12M is 31% Megatrend and thematic driversMegatrends include Advanced Materials, and Advanced Aviation & Space. Themes include Lightweight Composites, Advanced Air Mobility, Show more. | Weak multi-year price returns3Y Excs Rtn is -41% | Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 39x, P/EPrice/Earnings or Price/(Net Income) is 61x Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.0% Key risksHXL key risks include [1] high vulnerability to production delays and inventory destocking by its major commercial aerospace OEM customers, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12% |
| Low stock price volatilityVol 12M is 31% |
| Megatrend and thematic driversMegatrends include Advanced Materials, and Advanced Aviation & Space. Themes include Lightweight Composites, Advanced Air Mobility, Show more. |
| Weak multi-year price returns3Y Excs Rtn is -41% |
| Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 39x, P/EPrice/Earnings or Price/(Net Income) is 61x |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.0% |
| Key risksHXL key risks include [1] high vulnerability to production delays and inventory destocking by its major commercial aerospace OEM customers, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Hexcel (HXL) stock has gained about 20% since 12/31/2025 because of the following key factors:
1. Hexcel reported stronger-than-expected first-quarter 2026 earnings, significantly surpassing analyst estimates.
The company announced adjusted diluted earnings per share (EPS) of $0.59, a 59.5% increase year-over-year and comfortably above the analyst consensus of $0.44 per share. Revenue also rose 9.9% year-over-year to $501.5 million, exceeding the consensus estimate of $490.6 million.
2. The company reaffirmed its robust full-year 2026 financial guidance, signaling confidence in sustained growth.
Hexcel maintained its projections for full-year 2026 sales between $2.0 billion and $2.1 billion and adjusted diluted EPS in the range of $2.10 to $2.30. This guidance also included an expectation of free cash flow exceeding $195 million.
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1. Hexcel reported stronger-than-expected first-quarter 2026 earnings, significantly surpassing analyst estimates.
The company announced adjusted diluted earnings per share (EPS) of $0.59, a 59.5% increase year-over-year and comfortably above the analyst consensus of $0.44 per share. Revenue also rose 9.9% year-over-year to $501.5 million, exceeding the consensus estimate of $490.6 million.
2. The company reaffirmed its robust full-year 2026 financial guidance, signaling confidence in sustained growth.
Hexcel maintained its projections for full-year 2026 sales between $2.0 billion and $2.1 billion and adjusted diluted EPS in the range of $2.10 to $2.30. This guidance also included an expectation of free cash flow exceeding $195 million.
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Stock Movement Drivers
Fundamental Drivers
The 18.2% change in HXL stock from 12/31/2025 to 4/22/2026 was primarily driven by a 57.5% change in the company's Net Income Margin (%).| (LTM values as of) | 12312025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 73.75 | 87.15 | 18.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,876 | 1,894 | 0.9% |
| Net Income Margin (%) | 3.7% | 5.8% | 57.5% |
| P/E Multiple | 85.5 | 61.2 | -28.5% |
| Shares Outstanding (Mil) | 80 | 77 | 3.9% |
| Cumulative Contribution | 18.2% |
Market Drivers
12/31/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| HXL | 18.2% | |
| Market (SPY) | -5.4% | 31.8% |
| Sector (XLI) | 10.3% | 65.9% |
Fundamental Drivers
The 39.6% change in HXL stock from 9/30/2025 to 4/22/2026 was primarily driven by a 23.2% change in the company's Net Income Margin (%).| (LTM values as of) | 9302025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 62.42 | 87.15 | 39.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,877 | 1,894 | 0.9% |
| Net Income Margin (%) | 4.7% | 5.8% | 23.2% |
| P/E Multiple | 56.9 | 61.2 | 7.5% |
| Shares Outstanding (Mil) | 80 | 77 | 4.4% |
| Cumulative Contribution | 39.6% |
Market Drivers
9/30/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| HXL | 39.6% | |
| Market (SPY) | -2.9% | 35.2% |
| Sector (XLI) | 11.3% | 57.1% |
Fundamental Drivers
The 60.9% change in HXL stock from 3/31/2025 to 4/22/2026 was primarily driven by a 83.3% change in the company's P/E Multiple.| (LTM values as of) | 3312025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 54.17 | 87.15 | 60.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,903 | 1,894 | -0.5% |
| Net Income Margin (%) | 6.9% | 5.8% | -16.8% |
| P/E Multiple | 33.4 | 61.2 | 83.3% |
| Shares Outstanding (Mil) | 81 | 77 | 6.0% |
| Cumulative Contribution | 60.9% |
Market Drivers
3/31/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| HXL | 60.9% | |
| Market (SPY) | 16.3% | 57.8% |
| Sector (XLI) | 31.9% | 66.5% |
Fundamental Drivers
The 31.3% change in HXL stock from 3/31/2023 to 4/22/2026 was primarily driven by a 38.0% change in the company's P/E Multiple.| (LTM values as of) | 3312023 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 66.35 | 87.15 | 31.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,578 | 1,894 | 20.0% |
| Net Income Margin (%) | 8.0% | 5.8% | -27.8% |
| P/E Multiple | 44.3 | 61.2 | 38.0% |
| Shares Outstanding (Mil) | 84 | 77 | 9.9% |
| Cumulative Contribution | 31.3% |
Market Drivers
3/31/2023 to 4/22/2026| Return | Correlation | |
|---|---|---|
| HXL | 31.3% | |
| Market (SPY) | 63.3% | 50.0% |
| Sector (XLI) | 76.3% | 60.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| HXL Return | 7% | 14% | 26% | -14% | 19% | 18% | 87% |
| Peers Return | 16% | 4% | 35% | 37% | 31% | 21% | 252% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 3% | 88% |
Monthly Win Rates [3] | |||||||
| HXL Win Rate | 67% | 58% | 58% | 33% | 58% | 75% | |
| Peers Win Rate | 52% | 47% | 58% | 65% | 60% | 75% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| HXL Max Drawdown | -10% | -6% | 0% | -20% | -24% | 0% | |
| Peers Max Drawdown | -9% | -18% | -5% | -10% | -19% | -2% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: HWM, OC, DD, CW, TDY. See HXL Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/22/2026 (YTD)
How Low Can It Go
| Event | HXL | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -25.7% | -25.4% |
| % Gain to Breakeven | 34.6% | 34.1% |
| Time to Breakeven | 406 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -66.5% | -33.9% |
| % Gain to Breakeven | 198.7% | 51.3% |
| Time to Breakeven | 2,067 days | 148 days |
| 2018 Correction | ||
| % Loss | -26.6% | -19.8% |
| % Gain to Breakeven | 36.3% | 24.7% |
| Time to Breakeven | 149 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -82.7% | -56.8% |
| % Gain to Breakeven | 478.9% | 131.3% |
| Time to Breakeven | 1,066 days | 1,480 days |
Compare to HWM, OC, DD, CW, TDY
In The Past
Hexcel's stock fell -25.7% during the 2022 Inflation Shock from a high on 6/24/2021. A -25.7% loss requires a 34.6% gain to breakeven.
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About Hexcel (HXL)
Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets. It operates through two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in automotive, marine, and trains. The Engineered Products segment manufactures and markets aircraft structures and finished aircraft components, including wing to body fairings, wing panels, flight deck panels, door liners, rotorcraft blades, spars, and tip caps; and aircraft structural sub-components and semi-finished components used in rotorcraft blades, engine nacelles, and aircraft surfaces, such as flaps, wings, elevators, and fairings. The company sells its products directly through its managers, product managers, and sales personnel, as well as through independent distributors and manufacturer representatives in the Americas, Europe, the Asia Pacific, India, and Africa. Hexcel Corporation was founded in 1946 and is headquartered in Stamford, Connecticut.
AI Analysis | Feedback
Here are 1-3 brief analogies for Hexcel (HXL):
- Spirit AeroSystems, but also inventing and making the advanced composite materials used in their aircraft structures.
- A specialized DuPont or 3M for advanced composite materials and structures, primarily for aerospace and defense.
- Corning, but for advanced carbon fiber composites and lightweight structures used in aircraft and spacecraft.
AI Analysis | Feedback
- Composite Materials: Hexcel manufactures and markets a range of advanced materials including carbon fibers, fabrics, prepregs, structural adhesives, honeycomb, and molding compounds.
- Engineered Aircraft Structures and Components: The company produces finished and semi-finished aircraft parts such as wing panels, fairings, flight deck panels, door liners, and rotorcraft blades.
AI Analysis | Feedback
Hexcel (HXL) primarily sells its advanced structural materials and engineered products to other companies, acting as a key supplier to manufacturers in the commercial aerospace, space and defense, and various industrial markets.
Based on the company description, its major customers are likely original equipment manufacturers (OEMs) in these sectors. While specific customer names are not explicitly provided in the background text, Hexcel's product descriptions strongly indicate that the following types of public companies would be among its major customers:
- Commercial Aerospace Manufacturers: Hexcel supplies advanced composite materials, aircraft structures, and finished components (such as wing panels, fairings, and flight deck panels) for commercial aircraft.
- Boeing (BA)
- Airbus (EADSY)
- Space and Defense Contractors: Hexcel's materials are used in military aircraft and various space and defense applications.
- Lockheed Martin (LMT)
- Northrop Grumman (NOC)
- RTX Corporation (RTX)
- Wind Turbine Manufacturers: Hexcel provides materials for wind turbine blades.
- Vestas Wind Systems (VWDRY)
AI Analysis | Feedback
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Thomas C. Gentile III, Chairman, Chief Executive Officer and President
Thomas C. Gentile III assumed the role of CEO and President of Hexcel Corporation in May 2024 and was appointed Chairman in December 2024. He brings extensive experience from the aerospace industry, having served as President and Chief Executive Officer of Spirit AeroSystems from 2016 to 2023. Prior to Spirit AeroSystems, Mr. Gentile held various leadership positions at GE for 19 years, including President & Chief Operating Officer of GE Capital, President & CEO of GE Healthcare Systems, and President & CEO of GE Aviation Services. His earlier career also includes roles at CBS Corporation and McKinsey & Company.
James (Jamie) Coogan, Executive Vice President and Chief Financial Officer
James (Jamie) Coogan is appointed Executive Vice President and Chief Financial Officer of Hexcel Corporation, effective May 1, 2026. He possesses over 20 years of finance, accounting, and investor relations experience across multiple industries, including aerospace and defense. Before joining Hexcel, Mr. Coogan most recently served as Executive Vice President and Chief Financial Officer at Axcelis Technologies, a position he took in September 2023. Prior to that, he spent 15 years at Kaman Corporation, where he held various management positions, including Senior Vice President, Chief Financial Officer.
Gail E. Lehman, Executive Vice President, Chief Legal and Sustainability Officer, and Secretary
Gail E. Lehman joined Hexcel in 2017. Before her tenure at Hexcel, she held the position of Chief Administrative Officer, General Counsel & Corporate Secretary at Noranda Aluminum Holding Corporation. With over 35 years of industry experience, Ms. Lehman has also held various positions in bank operations, specializing in regulatory compliance, enterprise risk management, information technology, and venture capital environments.
AI Analysis | Feedback
The key risks to Hexcel Corporation (HXL) are primarily tied to its significant exposure to the commercial aerospace industry and its major customers. * **Customer Concentration and Aircraft Production Delays:** Hexcel's financial performance is heavily reliant on a few key customers, predominantly Airbus and Boeing, which together accounted for a substantial portion of the company's total consolidated sales in 2025 (ranging from approximately 55% to 61%). Consequently, delays in aircraft production rates and original equipment manufacturer (OEM) destocking activities by these major manufacturers, particularly for programs like the Airbus A350 and Boeing 787, directly and significantly impact Hexcel's sales and revenue. The timing of production rate increases, or a slower-than-anticipated cadence, presents a significant risk to Hexcel's near-term growth. * **Competitive Landscape and Technological Substitution:** The advanced composites market in which Hexcel operates is highly competitive. There is a risk of technological substitution if alternative materials, such as thermoplastic composites, gain broader adoption over Hexcel's primary thermoset systems, although a full transition timeline is likely 10+ years due to aircraft certification requirements. Additionally, competitors, including major carbon fiber producers like Toray Industries and Teijin, are expanding capacity with potentially lower cost structures, and private equity-backed rivals may engage in aggressive pricing to gain market share. The potential for vertical integration by OEMs, where Boeing and Airbus might bring composite manufacturing in-house, also poses a competitive threat. * **Supply Chain Disruptions and Raw Material Cost Volatility:** Hexcel's profitability is sensitive to the price and consistent availability of its raw materials, such as epoxy and phenolic resins, acrylonitrile, and carbon fiber. The company often sources these critical raw materials from a sole or limited number of suppliers, which increases vulnerability to supply chain disruptions. Increases in raw material costs, labor expenses, or the impact of tariffs could significantly reduce Hexcel's profit margins if these costs cannot be effectively passed on to customers.AI Analysis | Feedback
nullAI Analysis | Feedback
Hexcel Corporation (HXL) operates in several significant addressable markets, primarily focused on advanced composite materials for commercial aerospace, space and defense, and industrial applications. Below are the estimated market sizes for their main products and services:
Aerospace Composites Market
- The global aerospace composites market was valued at approximately USD 29.4 billion in 2024 and is projected to reach USD 96.6 billion by 2034. Another estimate places the global market at USD 22.4 billion in 2024, anticipated to grow to USD 64.9 billion by 2034.
- A separate report estimates the global aerospace composites market at USD 30.3 billion in 2025, with a projection to reach USD 53.4 billion by 2030.
- In North America, the aerospace composites market is expected to exceed USD 37 billion by 2034.
- The U.S. aerospace composites market alone is projected to reach USD 15.22 billion by 2026.
Carbon Fiber Market
- The global carbon fiber market was estimated at USD 5.75 billion in 2024 and is projected to reach USD 10.68 billion by 2030.
- Another analysis valued the global carbon fiber market at USD 3.12 billion in 2025, with a forecast to grow to USD 8.08 billion by 2034.
- The global carbon fiber for aerospace market was valued at USD 3.42 billion in 2023, with projections to reach USD 6.28 billion by 2030. Another source states the global aerospace carbon fiber market was USD 1.6 billion in 2023 and is expected to reach USD 4.5 billion by 2033.
- Europe held the largest share of the global carbon fiber market, accounting for 31.9% of global revenue in 2024.
- Asia Pacific dominated the carbon fiber market with a 39.30% market share in 2025.
- North America's carbon fiber market was estimated at USD 1.01 billion in 2025 and is projected to reach USD 1.07 billion in 2026.
Prepreg Market
- The global prepreg market was estimated at USD 11.05 billion in 2022 and is projected to reach USD 25.18 billion by 2030.
- Other estimates for the global prepreg market include USD 6.3 billion in 2021, expected to reach USD 16.1 billion by 2031, and USD 10.62 billion in 2023, anticipated to reach USD 27 billion by 2032.
- The aerospace & defense segment accounted for over 42.21% of the prepreg market share in 2022.
- North America held a significant share of the prepreg market, with 37.71% in 2022 and approximately 42% in 2023.
Honeycomb Core Materials Market
- The global honeycomb core materials market exceeded USD 2.8 billion in 2022.
- The North America honeycomb core materials market was valued at USD 4.5 billion in 2022.
- The aerospace segment constituted 28% of the honeycomb core materials market share in 2022.
Wind Turbine Composites Market
- The global wind turbine composite materials market was valued at USD 14.3 billion in 2024 and is estimated to grow to USD 26.8 billion by 2034.
- The global wind blade composites market is projected to grow from USD 13.28 billion in 2025 to USD 21.87 billion by 2030.
- The overall global wind turbine blade market was valued at USD 42.58 billion in 2025 and is projected to reach USD 237.93 billion by 2034.
- Asia Pacific held the largest share of the wind blade composites market in terms of value and volume in 2024.
Automotive Composites Market
- The global automotive composite market was estimated at USD 22.47 billion in 2025 and is projected to reach USD 36.13 billion by 2033.
- Another source indicates the automotive composites market is poised to grow from USD 9.3 billion in 2025 to USD 27.1 billion by 2035.
- Asia Pacific dominated the automotive composite market, holding 51.1% of the revenue share in 2025.
High Performance Composites Market
- The global high-performance composites market is projected to grow from USD 80.96 billion in 2026 to USD 156.73 billion by 2034.
- Asia Pacific held the dominant share in this market, valued at USD 33.2 billion in 2025.
AI Analysis | Feedback
Hexcel Corporation (HXL) anticipates several key drivers of future revenue growth over the next 2-3 years, primarily stemming from the aerospace and defense sectors. Here are the expected drivers of future revenue growth: * **Increased Commercial Aerospace Production Rates:** A significant driver for Hexcel is the projected ramp-up in commercial aircraft production rates by major manufacturers like Airbus and Boeing. The company expects low to mid-double-digit growth in commercial aerospace sales, particularly driven by increased deliveries for programs such as the Airbus A350, A320, and Boeing 787 and 737 MAX. Hexcel estimates that peak production levels at Boeing and Airbus could generate an additional $500 million in annual sales. The substantial order backlogs at these OEMs represent a significant opportunity for future sales. * **Growth in the Defense and Space Sector:** The defense and space segment is expected to continue as a resilient and growing revenue stream for Hexcel. This growth is fueled by strong demand in military rotorcraft programs, fighter jets (such as the F-35 and Dassault Rafale), and the expanding space sector, including satellites and launchers. This segment's growth has historically outpaced commercial aerospace in some periods. * **Increasing Penetration of Advanced Composites and New Product Innovation:** Hexcel's revenue growth is also driven by the secular trend of increasing composite content in new generations of aircraft. Advanced composite materials offer lightweighting benefits that improve fuel efficiency and reduce emissions, making them increasingly valuable in aerospace. The company's continuous investment in research and development for cutting-edge materials and new product innovation further underpins its ability to secure positions on future aircraft platforms and maintain a competitive edge. * **Strategic Partnerships and Market Diversification:** Hexcel is actively pursuing growth through strategic alliances and partnerships, such as agreements with Embraer and Kongsberg. Additionally, the company is expanding its market reach beyond traditional aerospace into other industrial sectors like automotive and wind energy, broadening its revenue base and seizing opportunities for its high-value-added solutions.AI Analysis | Feedback
Share Repurchases
- Hexcel authorized a new $600 million share repurchase program in October 2025.
- The company executed a $350 million accelerated share repurchase (ASR) program in October 2025, which was funded using its existing revolving credit facility.
- In 2024, Hexcel repurchased $252.2 million of common stock, and the remaining authorization under the share repurchase program was $234.9 million as of December 31, 2024.
Inbound Investments
- Activist investor Vision One Management Partners increased its stake in Hexcel by 106,716 shares, an estimated $7.54 million trade, in the fourth quarter of 2025.
Outbound Investments
- In December 2023, Hexcel sold its 50% interest in a joint venture in Malaysia to Boeing, receiving net proceeds of $44.7 million.
- The company completed the divestiture of its Neumarkt, Austria business in 2024.
Capital Expenditures
- Hexcel's capital expenditures on an accrual basis were $76.7 million in 2025 and $81.1 million in 2024.
- In 2023, capital expenditures were $108.2 million (cash basis), including approximately $38 million for the purchase of land and a building for its Amesbury, Massachusetts operation.
- The primary focus of capital expenditures includes the "Future Factory Initiative," which involves investments in lean projects, digitization, and automation to drive efficiency and reduce unit costs. Additionally, in 2023, Hexcel resumed construction of a new carbon fiber line in Decatur, Alabama, and expanded its Engineered Products facility in Casablanca, Morocco.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| HXL Stock Falls -17% In A 9-day Losing Spree On CFO Change | 03/16/2026 | |
| Hexcel Earnings Notes | 12/26/2025 | |
| How Low Can Hexcel Stock Really Go? | 10/17/2025 | |
| Hexcel vs Microsoft: Which Is A Better Investment? | 08/18/2025 | |
| Hexcel vs RTX: Which Is A Better Investment? | 08/18/2025 | |
| How Does Hexcel Stock Stack Up Against Its Peers? | 08/13/2025 | |
| Better Bet Than HXL Stock: Pay Less Than Hexcel To Get More From MSFT, GOOGL | 08/12/2025 | |
| ARTICLES | ||
| Hexcel Corporation Stock Has Around 40% Upside | 09/09/2021 | |
| Should You Buy Hexcel At $48? | 01/12/2021 |
Trade Ideas
Select ideas related to HXL.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 03312026 | NSP | Insperity | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 03312026 | TNC | Tennant | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 03272026 | ADP | Automatic Data Processing | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 1.0% | 1.0% | 0.0% |
| 03272026 | HURN | Huron Consulting | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 4.0% | 4.0% | 0.0% |
| 03272026 | TRU | TransUnion | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.2% | 5.2% | 0.0% |
| 04302024 | HXL | Hexcel | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -2.2% | -23.8% | -25.3% |
| 03312020 | HXL | Hexcel | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -9.9% | 50.6% | -28.1% |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 181.88 |
| Mkt Cap | 22.6 |
| Rev LTM | 6,820 |
| Op Inc LTM | 1,034 |
| FCF LTM | 758 |
| FCF 3Y Avg | 724 |
| CFO LTM | 917 |
| CFO 3Y Avg | 898 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.2% |
| Rev Chg 3Y Avg | 5.2% |
| Rev Chg Q | 5.5% |
| QoQ Delta Rev Chg LTM | 1.4% |
| Op Inc Chg LTM | 11.6% |
| Op Inc Chg 3Y Avg | 3.2% |
| Op Mgn LTM | 16.8% |
| Op Mgn 3Y Avg | 16.9% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 18.0% |
| CFO/Rev 3Y Avg | 17.6% |
| FCF/Rev LTM | 12.7% |
| FCF/Rev 3Y Avg | 12.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 22.6 |
| P/S | 4.3 |
| P/Op Inc | 32.9 |
| P/EBIT | 33.4 |
| P/E | 44.3 |
| P/CFO | 31.5 |
| Total Yield | 1.8% |
| Dividend Yield | 0.2% |
| FCF Yield 3Y Avg | 3.4% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 4.7% |
| 3M Rtn | 6.0% |
| 6M Rtn | 29.4% |
| 12M Rtn | 86.1% |
| 3Y Rtn | 64.1% |
| 1M Excs Rtn | -3.7% |
| 3M Excs Rtn | 2.2% |
| 6M Excs Rtn | 20.0% |
| 12M Excs Rtn | 46.5% |
| 3Y Excs Rtn | -11.2% |
Price Behavior
Price Behavior
| Market Price | $87.15 | |
| Market Cap ($ Bil) | 6.7 | |
| First Trading Date | 11/05/1987 | |
| Distance from 52W High | -8.0% | |
| 50 Days | 200 Days | |
| DMA Price | $85.37 | $72.94 |
| DMA Trend | up | indeterminate |
| Distance from DMA | 2.1% | 19.5% |
| 3M | 1YR | |
| Volatility | 35.7% | 30.6% |
| Downside Capture | 0.08 | 0.30 |
| Upside Capture | 76.46 | 123.10 |
| Correlation (SPY) | 21.8% | 33.0% |
HXL Betas & Captures as of 3/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.88 | 0.72 | 0.77 | 0.90 | 1.02 | 0.98 |
| Up Beta | 0.02 | 1.55 | 0.88 | 0.76 | 1.05 | 1.00 |
| Down Beta | -0.35 | -0.21 | 0.29 | 0.58 | 1.03 | 1.01 |
| Up Capture | 99% | 100% | 140% | 168% | 118% | 76% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 8 | 21 | 34 | 73 | 137 | 393 |
| Down Capture | 167% | 86% | 68% | 75% | 91% | 101% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 14 | 21 | 29 | 53 | 115 | 357 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HXL | |
|---|---|---|---|---|
| HXL | 74.8% | 30.9% | 1.82 | - |
| Sector ETF (XLI) | 41.3% | 15.2% | 2.06 | 53.4% |
| Equity (SPY) | 26.7% | 12.5% | 1.77 | 35.4% |
| Gold (GLD) | 38.9% | 27.4% | 1.19 | 14.7% |
| Commodities (DBC) | 23.5% | 16.2% | 1.32 | 16.4% |
| Real Estate (VNQ) | 15.6% | 13.6% | 0.82 | 26.3% |
| Bitcoin (BTCUSD) | -12.8% | 42.6% | -0.21 | 21.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HXL | |
|---|---|---|---|---|
| HXL | 10.0% | 32.6% | 0.35 | - |
| Sector ETF (XLI) | 12.8% | 17.3% | 0.58 | 64.5% |
| Equity (SPY) | 10.5% | 17.1% | 0.48 | 57.1% |
| Gold (GLD) | 21.5% | 17.8% | 0.99 | 11.6% |
| Commodities (DBC) | 10.7% | 18.8% | 0.47 | 21.0% |
| Real Estate (VNQ) | 3.6% | 18.8% | 0.09 | 44.5% |
| Bitcoin (BTCUSD) | 3.8% | 56.4% | 0.29 | 21.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HXL | |
|---|---|---|---|---|
| HXL | 7.6% | 36.6% | 0.31 | - |
| Sector ETF (XLI) | 13.8% | 19.9% | 0.61 | 68.5% |
| Equity (SPY) | 13.8% | 17.9% | 0.66 | 57.1% |
| Gold (GLD) | 13.9% | 15.9% | 0.73 | 2.9% |
| Commodities (DBC) | 8.1% | 17.6% | 0.38 | 26.5% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 51.1% |
| Bitcoin (BTCUSD) | 68.1% | 66.9% | 1.07 | 14.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/22/2026 | |||
| 1/28/2026 | 5.4% | 2.9% | 15.8% |
| 10/22/2025 | 11.3% | 14.6% | 10.9% |
| 7/24/2025 | -2.0% | -3.9% | 2.0% |
| 4/21/2025 | -4.3% | 0.1% | 6.7% |
| 1/22/2025 | 3.2% | -4.0% | -8.3% |
| 10/21/2024 | 1.2% | -0.2% | -7.3% |
| 7/18/2024 | -7.8% | -9.5% | -7.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 10 | 9 | 15 |
| # Negative | 14 | 15 | 9 |
| Median Positive | 2.6% | 4.7% | 6.7% |
| Median Negative | -4.9% | -5.4% | -7.3% |
| Max Positive | 11.3% | 14.6% | 42.7% |
| Max Negative | -8.4% | -15.9% | -9.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/11/2026 | 10-K |
| 09/30/2025 | 10/22/2025 | 10-Q |
| 06/30/2025 | 07/24/2025 | 10-Q |
| 03/31/2025 | 04/21/2025 | 10-Q |
| 12/31/2024 | 02/05/2025 | 10-K |
| 09/30/2024 | 10/21/2024 | 10-Q |
| 06/30/2024 | 07/18/2024 | 10-Q |
| 03/31/2024 | 04/22/2024 | 10-Q |
| 12/31/2023 | 02/07/2024 | 10-K |
| 09/30/2023 | 10/23/2023 | 10-Q |
| 06/30/2023 | 07/24/2023 | 10-Q |
| 03/31/2023 | 04/24/2023 | 10-Q |
| 12/31/2022 | 02/08/2023 | 10-K |
| 09/30/2022 | 10/24/2022 | 10-Q |
| 06/30/2022 | 07/25/2022 | 10-Q |
| 03/31/2022 | 04/25/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q4 2025 Earnings Reported 1/28/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue | 2.00 Bil | 2.05 Bil | 2.10 Bil | 9.0% | Higher New | Guidance: 1.88 Bil for 2025 | |
| 2026 EPS | 2.1 | 2.2 | 2.3 | 25.7% | Higher New | Guidance: 1.75 for 2025 | |
| 2026 Free Cash Flow | 195.00 Mil | 2.6% | Higher New | Guidance: 190.00 Mil for 2025 | |||
| 2026 Capital Expenditures | 100.00 Mil | 11.1% | Higher New | Guidance: 90.00 Mil for 2025 | |||
Prior: Q3 2025 Earnings Reported 10/22/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Revenue | 1.88 Bil | -1.8% | Lowered | Guidance: 1.92 Bil for 2025 | |||
| 2025 Adjusted diluted earnings per share | 1.7 | 1.75 | 1.8 | -10.3% | Lowered | Guidance: 1.95 for 2025 | |
| 2025 Free cash flow | 190.00 Mil | 0 | Affirmed | Guidance: 190.00 Mil for 2025 | |||
| 2025 Capital expenditures | 90.00 Mil | 0 | Affirmed | Guidance: 90.00 Mil for 2025 | |||
| 2025 Effective tax rate | 21.0% | ||||||
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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