Hexcel (HXL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Hexcel

NYSE•Industrials•Aerospace & Defense

$92.74+2.92(0.03%)Market closed

Market Cap

$6.67B

P/E

43.5x

P/S

3.4x

P/B

5.1x

Hexcel Corporation develops, manufactures, and markets advanced lightweight composites technology. It operates through two segments, Composite Materials and Engineered Products. The company offers carbon fiber, reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, resins, engineered core and composite structures for use in commercial aerospace, defense and space, and industrial applications. The Composite Materials segment manufactures and markets carbon fibers, fabrics, multi-axials, 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 aircraft, transportation, recreational products, and other industrial applications. 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; and RF interference control products for military and aerospace applications. This segment also provides interference control materials, structural composites, and services; dielectric absorber foams; magnetic absorbers; and thermoplastics for commercial and defense applications. The company sells its products directly through its marketing managers, product managers, and sales personnel, as well as through independent distributors in the Americas, Europe, the Asia Pacific, India, and Africa. Hexcel Corporation was founded in 1946 and is headquartered in Stamford, Connecticut.

How this company scores

GoodMetricSide Score: 74/100

Strongest: Cash & Earnings Quality (23/25); weakest: Balance Sheet & Red Flags (11/25).

Profitability21/25

Growth19/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowRising earningsCash-backed earningsProfit converts from growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 43.5x5y range 34.3x – 271.4x

Currently near its 19-quarter median.

P/S · 3.4x5y range 2.4x – 4.0x

Currently near its 20-quarter median.

P/B · 5.1x5y range 2.9x – 5.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Leverage Risk

Watch

Debt-to-equity has risen 38.7% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $6.67B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.98B
Q. Revenue: $529.30M
TTM EBITDA: $351.00M
TTM Op. Income: $227.60M
Q. Op. Income: $72.60M
TTM Net Income: $153.50M
Q. Net Income: $49.30M
EPS: N/A
Shares Out.: $75.70M

$1.98B in TTM revenue grew 5.4% YoY, reaching $529.30M last quarter. TTM EBITDA of $351.00M and TTM operating income of $227.60M show growth is flowing through to the bottom line. TTM net income of $153.50M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 26.1%
EBITDA Margin: 19.4%
Op. Margin: 13.7%
Net Margin: 9.3%

Op. margin of 13.7% is up 7.6% YoY — cost efficiency is improving. Net margin at 9.3% and gross margin of 26.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 124% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 43.5x
P/S Ratio: 3.4x
P/B Ratio: 5.1x

At 43.5x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 3.4x and P/B of 5.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.73B
Cash: $62.20M
Long-Term Debt: $959.40M
Book Value: $1.30B
D/E Ratio: 0.7
Debt/EBITDA: 9.3

With $2.73B in assets and $959.40M in long-term debt, D/E is 0.7and book value is $1.30B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $77.70M
TTM Free Cash Flow: $255.60M
FCF Margin: 12.9%
FCF / Net Income: 1.7

TTM FCF of $255.60M on $77.70M in operating cash flow. The FCF / Net Income ratio of 1.7x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.