HXL on NYSE

Hexcel

Logo: Hexcel, Public domain, via Wikimedia Commons5

American materials company

Hexcel Corporation is an American public industrial materials company, based in Stamford, Connecticut. The company develops and manufactures structural materials. Hexcel was formed from the combination of California Reinforced Plastics (founded 1948), Ciba Composites (acquired 1995) and Hercules Composites Products Division (acquired 1995).3 Its shares trade on NYSE under the symbol HXL.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

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  • TickerHXL on NYSE1
  • IndustryPlastic Materials, Synth Resins & Nonvulcan Elastomers1
  • HeadquartersStamford, United States1
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business addressTwo Stamford Plaza, 281 Tresser Blvd., 16Th Floor, Stamford, Ct 069016
  • Filer categoryLarge accelerated filer6
  • LEIS6Q7LW43WUBUHXY2QP694
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 20039244

Hexcel Corporation is an American public industrial materials company, based in Stamford, Connecticut. The company develops and manufactures structural materials. Hexcel was formed from the combination of California Reinforced Plastics (founded 1948), Ciba Composites (acquired 1995) and Hercules Composites Products Division (acquired 1995). The company sells its products in commercial, military and recreational markets for use in commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, sports equipment and automotive products. Hexcel works with Airbus Group, The Boeing Company, and others. Since 1980, the firm has publicly traded on the New York Stock Exchange under the ticker symbol HXL.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

23.0%Gross margin9
9.1%Operating margin9
5.8%Net margin9
-0.5%Revenue growth, 20259
8.7%Return on equity9
0.79×Debt to equity9
$157.2MFree cash flow9

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Commercial Aerospace Market Applications brought in 61% of the revenue Hexcel broke down this way in fiscal 2025.

  1. Commercial Aerospace Market Applications$1.1B961%down 4% from 2024
  2. Space And Defense Market Applications$747.0M939%up 5% from 2024
Products and services by year
Products and services202320242025
Commercial Aerospace Market Applications$1.1B$1.2B$1.1B
Space And Defense Market Applications$720.8M$708.8M$747.0M

Business segments

Composite Materials brought in 80% of the revenue Hexcel broke down this way in fiscal 2025.

  1. Composite Materials$1.5B980%down 1% from 2024
  2. Engineered Products$381.5M920%up 2% from 2024
Business segments by year
Business segments202320242025
Composite Materials$1.5B$1.5B$1.5B
Engineered Products$317.2M$373.2M$381.5M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue77¢$1.5B
  • Research and development3¢$56.4M
  • Selling, general and admin9¢$169.0M
  • Other costs2¢$36.7M
  • Interest2¢$37.7M
  • Income tax1¢$25.6M
  • Profit6¢$109.4M

Out of $1.9B in revenue.9

Where each dollar of operating cash went, fiscal 2025

  • Capital spending13¢$73.3M
  • Dividends paid9¢$53.9M
  • Share buybacks78¢$454.3M

Out of $230.5M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.9

Financial statements

Revenue101112139$1.9B in 2025−20% since 2019
0$1.0B$2.0B$3.0B2019: $2.4B$2.4B20192020: $1.5B$1.5B2020−36%2021: $1.3B$1.3B2021−12%2022: $1.6B$1.6B2022+19%2023: $1.8B$1.8B2023+13%2024: $1.9B$1.9B2024+6%2025: $1.9B$1.9B2025−0%
Gross profit101112139$434.8M in 2025−32% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $640.4M$640.4M20192020: $239.7M$239.7M2020−63%2021: $250.1M$250.1M2021+4%2022: $357.1M$357.1M2022+43%2023: $433.2M$433.2M2023+21%2024: $469.8M$469.8M2024+8%2025: $434.8M$434.8M2025−7%
Operating income101112139$171.6M in 2025−60% since 2019
0$200.0M$400.0M$600.0M2019: $425.2M$425.2M20192020: $14.1M$14.1M2020−97%2021: $51.8M$51.8M2021+267%2022: $175.2M$175.2M2022+238%2023: $215.3M$215.3M2023+23%2024: $186.1M$186.1M2024−14%2025: $171.6M$171.6M2025−8%
Net income101112139$109.4M in 2025−64% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $306.6M$306.6M20192020: $31.7M$31.7M2020−90%2021: $16.1M$16.1M2021−49%2022: $126.3M$126.3M2022+684%2023: $105.7M$105.7M2023−16%2024: $132.1M$132.1M2024+25%2025: $109.4M$109.4M2025−17%

Every line of the income statement as filed: the last 3 fiscal years, latest first.9

Period ending2025-12-312024-12-312023-12-31
Net sales$1.9B$1.9B$1.8B
Cost of sales$1.5B$1.4B$1.4B
Gross margin$434.8M$469.8M$433.2M
Selling, general and administrative expenses$169.0M$176.6M$163.8M
Research and technology expenses$56.4M$57.1M$52.7M
Other operating expense (income)$37.8M$50.0M$1.4M
Operating income$171.6M$186.1M$215.3M
Interest expense, net$37.7M$31.2M$34.0M
Other expense (income)-$1.1M$0$71.6M
Total income before income taxes$135.0M$154.9M$109.7M
Income tax expense$25.6M$22.8M$12.1M
Income before equity in earnings$109.4M$132.1M$97.6M
Equity in earnings from affiliated companies$0$0$8.1M
Net income$109.4M$132.1M$105.7M
Basic net income per common share:$1$2$1
Diluted net income per common share:$1$2$1
Basic79.5M shares82.3M shares84.6M shares
Diluted80.0M shares83.0M shares85.5M shares

Compare Hexcel with another company

Corporate structure

Hexcel sits at the top of its group. 45 entities, 15 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Hexcel

  • Hexcel Stamford, Connecticut, United States
    • Hexcel (United States) Subsidiary · Seguin, United States
    • ACM Holdings LLC Subsidiary · Delaware, United States
    • ARC Technologies LLC Subsidiary · Massachusetts, United States
    • Hexcel (U.K.) Limited Subsidiary · United Kingdom
    • Hexcel Asia Pacific Trading Limited Subsidiary · Hong Kong
    • Hexcel Austria GMBH Subsidiary · Austria
    • HEXCEL COMPOSITES Subsidiary · Dagneux, France
    • HEXCEL COMPOSITES Subsidiary · Welkenraedt, Belgium
    • Hexcel Composites (Shanghai) Commercial Information Consultancy Services Co. Ltd. Subsidiary · China
    • HEXCEL COMPOSITES GMBH Subsidiary · Stade, Germany
    • Hexcel Composites India LLP Subsidiary · India
    • HEXCEL COMPOSITES LIMITED Subsidiary · Cambridge, United Kingdom
    • Hexcel Composites Pension Trustees Limited Subsidiary · United Kingdom
    • Hexcel Composites S.L.U. Subsidiary · Spain
    • Hexcel Composites S.r.1. Subsidiary · Italy
    • Hexcel Composites S.R.L. Subsidiary · Belgium
    • Hexcel Composites SARLAU Subsidiary · Morocco
    • Hexcel Composites SASU Subsidiary · France
    • HEXCEL COMPOSITES SL Subsidiary · Madrid, Spain
    • Hexcel Europe Limited Subsidiary · United Kingdom
    • Hexcel Fibers S.L.U. Subsidiary · Spain
    • Hexcel Fibers SASU Subsidiary · France
    • Hexcel Finance Holdings Luxembourg S.a.r.1. Subsidiary · Luxembourg
    • Hexcel Financing Luxembourg S.a r.l. (Hexcel Financing Luxembourg S.à r.l.) Subsidiary · Luxembourg, Luxembourg
    • Hexcel Financing Luxembourg S.a.r.l. Subsidiary · Luxembourg
    • and 19 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Hexcel reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$3.3B9 Dec 31, 2025$3.2B9 Dec 31, 2024+5.0%
Accumulated depreciation$1.7B9 Dec 31, 2025$1.6B9 Dec 31, 2024+9.2%
Property and equipment, net$1.6B9 Dec 31, 2025$1.6B9 Dec 31, 2024+0.9%
Finance-lease assets$1.6M9 Dec 31, 2025$1.6M9 Dec 31, 20240%
Operating-lease assets (leased space)$25.7M9 Dec 31, 2025$25.4M9 Dec 31, 2024+1.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$71.0M9 Dec 31, 2025$125.4M9 Dec 31, 2024−43.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$191.6M9 Dec 31, 2025$186.5M13 Dec 31, 2024+2.7%
Indefinite-lived intangibles (excluding goodwill)$6.6M9 Dec 31, 2025$4.3M13 Dec 31, 2024+53.5%
Accumulated amortization$48.2M9 Dec 31, 2025$51.3M13 Dec 31, 2024−6.0%
Finite-lived intangibles, net$41.6M9 Dec 31, 2025$46.2M13 Dec 31, 2024−10.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$328.8M9 Dec 31, 2025$356.2M9 Dec 31, 2024−7.7%
Raw materials$150.7M9 Dec 31, 2025$161.1M9 Dec 31, 2024−6.5%
Work in process$42.3M9 Dec 31, 2025$41.6M9 Dec 31, 2024+1.7%
Finished goods$135.8M9 Dec 31, 2025$153.5M9 Dec 31, 2024−11.5%

Properties, in its own words

We own and lease manufacturing facilities and sales offices located throughout the United States and in other countries, as noted below. The corporate offices and principal corporate support activities are located in leased facilities in Stamford, Connecticut. Our research and technology administration and principal laboratories are located in Duxford, England; Les Avenières, France; Salt Lake City, Utah and Decatur, Alabama.

The following table lists our manufacturing facilities by geographic location, related segment, and principal products manufactured and total square footage.

The rest of Item 2

Manufacturing Facilities

Facility Location · Segment · Principal Products · Total Square Footage

United States:

Amesbury, Massachusetts · Engineered Products · Microwave and RF Absorbing Composite Materials · 222,425

Burlington, Washington · Engineered Products · Engineered Honeycomb Parts · 252,124

Casa Grande, Arizona · Composite Materials · Honeycomb and Honeycomb Parts · 443,123

Decatur, Alabama · Composite Materials · PAN Precursor (used to produce Carbon Fibers) · 819,863

Kent, Washington · Engineered Products · Composite structures · 486,400

Pottsville, Pennsylvania · Engineered Products · Engineered Honeycomb Parts · 312,000

Salt Lake City, Utah · Composite Materials · Carbon Fibers; Prepregs · 1,365,000

Seguin, Texas · Composite Materials · Fabrics; Specialty Reinforcements · 228,815

International:

Casablanca, Morocco · Engineered Products · Engineered Honeycomb Parts · 333,832

Dagneux, France · Composite Materials · Prepregs · 213,698

Duxford, England · Composite Materials · Prepregs; Adhesives; Honeycomb and Honeycomb Parts · 417,109

Illescas, Spain · Composite Materials · Carbon Fibers · 58,986

Leicester, England · Composite Materials · Lightweight Multiaxials Fabrics · 134,657

Les Avenières, France · Composite Materials · Fabrics; Specialty Reinforcements · 490,000

Parla, Spain · Composite Materials · Prepregs · 147,186

Roussillon, France · Composite Materials · PAN Precursor and Carbon Fibers · 222,170

Stade, Germany · Composite Materials · Prepregs · 154,268

Vert-le-Petit, France · Composite Materials · Pultruded profiles; Prepregs and Adhesives · 70,944

We lease the land on which the Burlington, Washington and Roussillon, France facilities are located. The Company still owns the Welkenraedt, Belgium facility, however, earlier in 2025, its operations were shutdown. In addition, in 2025, we divested the facility in Neumarkt, Austria and the South Windsor, Connecticut business. We also lease portions of the facilities located in Casa Grande, Arizona; Pottsville, Pennsylvania; Parla, Spain; and Leicester, England. In addition to the facility in Amesbury, Massachusetts, we also lease land and a building at another location in Amesbury. We own all other remaining manufacturing facilities. For further information, refer to “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and to Note 7 to the accompanying Consolidated Financial Statements of this Annual Report on Form 10-K.

Item 2 of the 10-K filed Feb 11, 2026.17

The story

1948–1970s

Hexcel, originally named the California Reinforced Plastics Company, was founded in 1948 by a group of engineers from the University of California at Berkeley. The company's first contract was for the research and development of honeycomb materials for use in radar domes on military aircraft. In 1954, the company changed its name to Hexcel Products, Inc. The name was derived from the hexagonal cell-shaped honeycomb materials manufactured by the company.

In the 1960s, Hexcel sold aluminum honeycomb and pre-impregnated fiberglass to Hubert A. Zemke and Dave McCoy for use in building skis.

Hexcel expanded from military and commercial aviation to the United States space program. The landing pads on the lunar module Apollo 11 that carried men to the moon in 1969 were built from Hexcel honeycomb materials.

In 1970, Hexcel licensed the ski from McCoy. A few years later, Hexcel decided to focus on its core aerospace business and sold the ski enterprise to the ski boot maker Hanson Industries.

1980s–2000

In the 1980s, Hexcel purchased Stevens-Genin S.A., a French company that manufactured glass-fiber and woven industrial materials.

In 1981, it provided materials for the nose, doors and wings of the Space Shuttle Columbia. In 1986, Hexcel made most of the material used in the fuselage and wings of the Rutan Voyager – the first aircraft to make a nonstop, around-the-world trip on a single tank of fuel.

2000–2024

In 2017, Hexcel was selected by Airbus to supply the composite materials for the H160 helicopter's fuselage structures and rotor blades. Hexcel acquired the aerospace and defense business of Oxford Performance Materials, a manufacturer of carbon fiber-reinforced 3D printed PEKK parts for commercial aerospace and space and defense applications.

In March 2018, Hexcel opened its manufacturing facility at the Midparc Free Trade Zone in Casablanca, Morocco. The facility oversees the transformation of lightweight honeycomb materials into engineered core parts for aircraft structures, engine nacelles and helicopter blades. Hexcel also signed a strategic alliance with Arkema in Colombes, France, to combine work in carbon fiber and PEKK. The alliance will result in a joint research and development laboratory in France. The companies aim to develop carbon fiber-reinforced thermoplastic tapes to produce lightweight parts for aircraft.

Read the full text

Also in 2018, Hexcel opened a carbon fiber plant at the Les Roches-Roussillon Chemicals Industry Platform in Isère, France. The plant is based at the Osiris Chemicals Industry Platform. Hexcel's composite materials were used as part of a new boat design used in the Tour de France à la voile.

In July 2018, Hexcel opened an integrated factory in Salaise-sur-Sanne near Lyon, manufacturing polyacrylonitrile (PAN), the carbon fiber precursor, the second after its Decatur, Alabama plant.

In December 2018, Hexcel announced the hiring of Colleen Pritchett as President - Aerospace, in America.

On May 1st, 2024, Tom Gentile was named CEO following Nick Stanage’s retirement.

From Wikipedia’s article on Hexcel, shared under CC BY-SA 4.0.7

Leadership

Who has led Hexcel, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (41)

Products and brands

  • composite material

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

Subsidiaries (Exhibit 21)

  • ACM Holdings LLC Delaware8
  • ARC Technologies LLC Massachusetts8
  • Hexcel (U.K.) Limited UK8
  • Hexcel Asia Pacific Trading Limited Hong Kong8
  • Hexcel Austria GMBH Austria8
  • Hexcel Composites (Shanghai) Commercial Information Consultancy Services Co. Ltd. China8
  • Hexcel Composites GmbH Germany8
  • Hexcel Composites India LLP India8
  • Hexcel Composites Limited UK8
  • Hexcel Composites Pension Trustees Limited UK8
  • Hexcel Composites S.L.U. Spain8
  • Hexcel Composites S.R.L. Belgium8
  • Hexcel Composites S.r.1. Italy8
  • Hexcel Composites SARLAU Morocco8
  • Hexcel Composites SASU France8
  • Hexcel Composites Sdn. Bhd. Malaysia8
  • Hexcel Europe Limited UK8
  • Hexcel Fibers S.L.U. Spain8
  • Hexcel Fibers SASU France8
  • Hexcel Finance Holdings Luxembourg S.a.r.1. Luxembourg8
  • Hexcel Financing Luxembourg S.a.r.l. Luxembourg8
  • Hexcel Foundation California8
  • Hexcel Holding Spain, S.L.U. Spain8
  • Hexcel Holdings (UK) Limited UK8
All 40 listed subsidiaries
  • Hexcel Holdings Hong Kong Limited Hong Kong8
  • Hexcel Holdings Luxembourg S.a r.l. Luxembourg8
  • Hexcel Holdings SASU France8
  • Hexcel Ireland Limited Ireland8
  • Hexcel Japan K. K. Japan8
  • Hexcel LLC Delaware8
  • Hexcel LLC Luxembourg SCS Luxembourg8
  • Hexcel Overseas UK8
  • Hexcel Pottsville Corporation Delaware8
  • Hexcel Reinforcements Corp. Delaware8
  • Hexcel Reinforcements Holdings Luxembourg SARL Luxembourg8
  • Hexcel Reinforcements SASU France8
  • Hexcel Reinforcements UK Limited UK8
  • Hexcel Research Limited UK8
  • Societe de Technologies Appliquees aux Materiaux EURL France8
  • Structil S.A.S.U. France8

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

1996 – Ciba Composites

1996 – Hercules Composites Products Division

1997 – Fiberite satellite prepreg business

2017 – Oxford Performance Materials Aerospace & Defense Business

Read the full text

2017 – Structil SA

2018 - ARC Technologies

From Wikipedia’s article on Hexcel, shared under CC BY-SA 4.0.7

Timeline

  1. Jul 29, 20268-K Results of operations; Regulation FD disclosure; Other events74
  2. May 28, 20268-K Ended a material agreement75
  3. May 15, 20268-K Executive or director change; Shareholder vote; Other events76
  4. Apr 30, 20268-K Other events77
  5. Apr 22, 20268-K Results of operations; Regulation FD disclosure; Other events78
  6. Apr 1, 20268-K Entered a material agreement; Ended a material agreement; New debt or obligation79
  7. Mar 13, 20268-K Executive or director change80
  8. Mar 4, 20268-K Entered a material agreement; Executive or director change81
  9. Jan 28, 20268-K Results of operations; Regulation FD disclosure; Other events82
  10. Nov 17, 20258-K Executive or director change83
  11. Nov 10, 20258-K Executive or director change84
  12. Oct 23, 20258-K Entered a material agreement; New debt or obligation; Other events85
  13. Jan 24, 2014New chief executive Nick L. Stanage becomes CEO18
  14. Jan 10, 2006New chief executive David E. Berges becomes CEO19
  15. Mar 2, 1983Founded Hexcel is founded4

Calendar

Coming up

  1. Oct 21, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.37 a share, on Oct 22, 2025.86

When it reported results

  1. Jul 29, 2026Reported quarterly or annual results74
  2. Apr 22, 2026Reported quarterly or annual results78
  3. Jan 28, 2026Reported quarterly or annual results82
  4. Oct 22, 2025Reported quarterly or annual results87
  5. Jul 24, 2025Reported quarterly or annual results88
  6. Apr 21, 2025Reported quarterly or annual results89
  7. Jan 22, 2025Reported quarterly or annual results90
  8. Oct 21, 2024Reported quarterly or annual results91

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

402 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 48 major events, 260 insider forms, 32 large holders, 42 other. The latest 20:

  1. Oct 5, 20264 EDGAR
  2. Oct 5, 20264 EDGAR
  3. Sep 8, 20264 EDGAR
  4. Sep 3, 2026144 EDGAR
  5. Aug 17, 20264 EDGAR
  6. Aug 14, 2026144 EDGAR
  7. Aug 14, 2026SCHEDULE 13G/A EDGAR
  8. Aug 4, 20264 EDGAR
  9. Jul 30, 20264 EDGAR
  10. Jul 29, 202610-Q EDGAR
  11. Jul 29, 20268-K EDGAR
  12. Jul 28, 20264 EDGAR
  13. Jul 24, 20264 EDGAR
  14. Jul 17, 2026SCHEDULE 13G/A EDGAR
  15. Jul 15, 20264 EDGAR
  16. Jul 13, 20264 EDGAR
  17. Jul 13, 20264 EDGAR
  18. May 29, 2026SD EDGAR
  19. May 28, 20268-K EDGAR
  20. May 19, 20264 EDGAR

The 402 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

30 open-market trades by officers, directors and large owners since October 2021: 6 buys and 24 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 3, 2026Lehman Gail ESee RemarksSale13,829$92.10$1.3MForm 4
Aug 14, 2026Fitzsimons GinaSee RemarksSale9,675$103.14$997.9KForm 4
Feb 27, 2026Evans Amy SSee RemarksSale1,500$92.80$139.2KForm 4
Oct 29, 2025Winterlich PatrickEVP, CFOSale3,413$73.34$250.3KForm 4
Oct 27, 2025Smith Lyndon Johnsee remarksSale2,077$73.02$151.7KForm 4
Sep 2, 2025Fitzsimons GinaSee RemarksSale911$65.00$59.2KForm 4
Aug 28, 2025Merlot ThierrySee RemarksSale8,897$63.86$568.2KForm 4
Aug 30, 2024Merlot ThierrySee RemarksSale9,611$63.19$607.3KForm 4
Aug 28, 2024Lehman Gail ESee RemarksSale4,800$63.28$303.7KForm 4
May 3, 2024Suever Catherine ADirectorBuy400$68.33$27.3KForm 4
May 1, 2024Gentile TomChairman, CEO and PresidentBuy15,000$66.25$993.8KForm 4
Apr 29, 2024HACHEY GUY CDirectorBuy5,000$64.44$322.2KForm 4
Apr 26, 2024EGNOTOVICH CYNTHIA MDirectorBuy4,000$64.39$257.6KForm 4
Apr 26, 2024Stanage Nick LDirectorBuy15,000$64.29$964.4KForm 4
Apr 25, 2024CAMPBELL JEFFREY CDirectorBuy10,000$64.13$641.3KForm 4
Feb 14, 2024Fitzsimons GinaSee RemarksSale864$72.10$62.3KForm 4
Feb 9, 2024Merlot ThierrySee RemarksSale4,500$71.63$322.3KForm 4
Jul 27, 2023Lehman Gail ESee RemarksSale1,571$70.15$110.2KForm 4
Feb 27, 2023Minus MarilynDirectorSale400$72.94$29.2KForm 4
Feb 23, 2023Merlot ThierrySee RemarksSale1,000$72.66$72.7KForm 4

All 30 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Thomas C. Gentile III$1.1M$7.3M101
2025Patrick J. Winterlich$683.6K$2.5M101
2025Gail E. Lehman$535.3K$1.8M101
2025Thierry P. Merlot$506.8K$1.6M101
2025Gina Fitzsimons$430.4K$1.2M101
2025Michael C. Lenz$90.6K$104.6K101
2024ChairmanCEO$736.3K$9.6M101
2024Former EVP and CFO$635.3K$3.6M101
2024EVPChief Legal and$517.2K$1.9M101
2024Former EVPStrategy$485.0K$1.7M101
2023Former EVP and CFO$615.3K$2.6M101
2023Sustainability Officer,$499.7K$1.8M101
2023Former EVPStrategy$465.7K$1.6M101
2023Communications Officer$390.4K$1.2M101

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.14,218,892$1.4B0.0%+1,342,438
Earnest Partners LLC4,584,594$458.7M1.7%−120,150
State Street Corp4,373,328$437.6M0.0%−393,620
Vanguard Capital Management LLC3,402,558$340.5M0.0%+4,484
Vanguard Portfolio Management LLC3,143,027$314.5M0.0%+12,316
Massachusetts Financial Services Co /ma/2,471,596$247.3M0.1%+71,477
Bank Of America Corp /de/2,168,182$216.9M0.0%−96,245
Brandes Investment Partners, LP2,134,549$213.6M1.5%−99,776
Geode Capital Management, LLC1,710,646$171.2M0.0%+223,895
UBS Group AG1,693,254$169.4M0.0%−184,796
Dimensional Fund Advisors LP1,507,778$150.9M0.0%−43,002
American Century Companies Inc1,366,162$136.7M0.1%−449,118
Sei Investments Co1,310,027$131.1M0.1%−16,209
Jennison Associates LLC1,193,356$119.4M0.1%+9,040
Morgan Stanley1,188,494$118.9M0.0%−55,403
Northern Trust Corp988,819$98.9M0.0%+196
Alliancebernstein L.P.1,207,813$97.7M0.0%−2,194,596
Charles Schwab Investment Management Inc940,514$94.1M0.0%−49,637
Channing Capital Management, LLC930,063$93.1M2.1%−12,343
Copeland Capital Management, LLC877,777$87.8M1.8%−43,182
Loomis Sayles & Co L P820,224$82.1M0.1%+14,711
Vaughan Nelson Investment Management, L.P.819,193$82.0M0.7%+238,913
Schroder Investment Management Group821,544$81.2M0.1%−272,075
BNP PARIBAS ASSET MANAGEMENT Holding S.A.765,284$76.6M0.1%+86,067
Invesco Ltd.756,917$75.7M0.0%+13,913

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

13 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Apr 24, 2024Jonathan L. JacksonDemocratic, HouseSale$15,001 - $50,000+10.6%Report
Feb 16, 2024Jonathan L. JacksonDemocratic, HouseBuy$15,001 - $50,000−33.0%Report
Feb 10, 2022Lois FrankelDemocratic, HouseSale$1,001 - $15,000+7.5%Report
Apr 9, 2021Sara JacobsDemocratic, HouseSale$15,001 - $50,000+29.2%Report
Feb 25, 2021Lois FrankelDemocratic, HouseBuy$1,001 - $15,000−36.0%Report
Dec 3, 2020Lois FrankelDemocratic, HouseBuy$1,001 - $15,000−50.0%Report
Oct 29, 2020Lois FrankelDemocratic, HouseSale$1,001 - $15,000−39.7%Report
Oct 27, 2020Lois FrankelDemocratic, HousePartial sale$1,001 - $15,000−45.9%Report
Aug 5, 2020Susie LeeDemocratic, HouseSale$1,001 - $15,000+8.4%Report
Jun 9, 2020Lois FrankelDemocratic, HouseBuy$1,001 - $15,000−38.8%Report
Jun 5, 2020Susie LeeDemocratic, HouseBuy$1,001 - $15,000−51.0%Report
Apr 6, 2020Susie LeeDemocratic, HouseSale$1,001 - $15,000+4.2%Report
Nov 11, 2019Susie LeeDemocratic, HouseBuy$1,001 - $15,000−134.3%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Hexcel is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARHEXCEL CORP /DE/2
  • CIK0000717605
  • Employer ID (EIN)94-110952117
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company17
  • Incorporated inDelaware17
  • Fiscal year endsDecember 312
  • Industry code (SIC)2821 Plastic Materials, Synth Resins & Nonvulcan Elastomers2
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance2
  • Business addressTwo Stamford Plaza, 281 Tresser Blvd., 16Th Floor, Stamford, CT 069012
  • Phone203-969-06662
  • Shares outstanding75,623,452 as of Jul 27, 202615
  • Public float$4.5B as of Jun 30, 202517
  • AuditorErnst & Young LLP, Stamford, Connecticut PCAOB ID 42; it also attests to the company’s internal control over financial reporting17
  • On EDGAR sinceMar 31, 19942
  • Filings2,608 in all: 4 (1,595), 8-K (286), SC 13G/A (115), 10-Q (98), 4/A (69), 3 (41), SC 13G (35), DEFA14A (34)2
    All 51 form types

    10-K (33), SC 13D/A (32), DEF 14A (31), S-8 (28), 425 (22), UPLOAD (17), ARS (16), CORRESP (12), 5 (11), SC 13D (10), 144 (9), SD (8), 424B3 (7), S-3/A (7), SCHEDULE 13G/A (7), 8-K/A (6), DFAN14A (6), S-3 (6), SCHEDULE 13G (6), 10-K/A (5), FWP (5), PREC14A (5), S-3ASR (5), 424B2 (4), 424B5 (4), S-4 (4), S-4/A (4), 424B4 (3), 25 (2), 3/A (2), 8-A12B (2), CT ORDER (2), DEFC14A (2), PRE 14A (2), PRER14A (2), 10-Q/A (1), 25-NSE (1), 424B1 (1), AW (1), CERT (1), DEFR14A (1), NT 10-K (1), S-4 POS (1)

  • Latest filingsAnnual report (10-K) Feb 11, 2026
    Quarterly report (10-Q) Jul 29, 2026
    Proxy statement (DEF 14A) Apr 1, 2026
    Latest 8-K (8-K) Jul 29, 2026

Securities registered for trading

ClassSymbolExchange
COMMON STOCK, par value $0.01HXLNew York Stock Exchange

From the cover page of the 10-K filed Feb 11, 2026 (Section 12(b) of the Exchange Act).17

Risk factors and legal proceedings

The risks Hexcel names in Item 1A of its 10-K filed Feb 11, 2026: 21 risks under these headings, as written.17

  • Risks Related to Our Strategy
  • The markets in which we operate can be cyclical, and downturns in them may adversely affect the results of our operations.
  • A significant decline in business with Airbus, Boeing, or other significant customers could materially impact our business, operating results, prospects, and financial condition.
  • Reductions in defense and space spending could result in a decline in our sales.
  • If we fail to comply with government procurement laws and regulations, including those related to information security, we could lose business and be liable for various penalties or sanctions.
  • If we are unable to develop new products on a timely basis, it could adversely affect our business and prospects.
  • Acquisitions, divestitures, mergers, business combinations or joint ventures may entail certain operational and financial risks.
  • Risks Related to Our Operations
  • The global macroeconomic environment could negatively impact our business and our financial position, results of operations and/or cash flows could be materially adversely affected.
  • Our results of operations would be adversely affected by a shortage of trained personnel or work stoppages and may be adversely affected by increasing labor costs.
  • Our ability to attract, retain and motivate key employees is vital to our success.
  • We have engaged in restructuring and alignment activities from time to time and there can be no assurance that our efforts will have the intended effects.
The other 11 risks
  • A decrease in supply, interruptions at key facilities or an increase in cost of raw materials could result in a material decline in our profitability.
  • We have substantial international operations subject to uncertainties that could affect our operating results.
  • We could be adversely affected by environmental and safety requirements, as well as legal, regulatory or market measures to address climate change.
  • Our business and operations may be adversely affected by cybersecurity breaches or other information technology system or network intrusions.
  • We operate our business in regions subject to natural disasters and other severe weather events and any disruption to our business resulting from such events could adversely affect our revenue and results of operations.
  • Our business could be negatively impacted by sustainability matters and/or our reporting of such matters.
  • We are exposed to risks related to the use of artificial intelligence tools by us and others.
  • We may not be able to service our debt obligations or satisfy covenants included in our outstanding debt.
  • Risks Related to Our Common Stock
  • We cannot make any guarantees with respect to payment of dividends on, or repurchases of, our common stock.
  • 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.
  • Certain provisions of our certificate of incorporation, bylaws, and the DGCL have anti-takeover effects and could delay, discourage, defer or prevent a tender offer or takeover attempt that a stockholder might consider to be in the stockholders’ best interests.

Legal proceedings

The information required by Item 3 is contained within Note 16 of this Annual Report on Form 10-K and is incorporated herein by reference.

The opening of Item 3, Legal Proceedings.17

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