Hexcel Corporation (HXL) Stock News

Hexcel (NYSE: HXL) reported third-quarter 2026 sales of $496 million, an 8.8% increase from the same quarter last year. GAAP diluted earnings per share rose to $0.50 from $0.26; adjusted diluted earnings per share increased to $0.50 from $0.37. Commercial Aerospace sales grew 20.5% to $330.3 million, while Defense, Space & Other sales fell 8.7% to $166.1 million.

Gross margin improved to 23.3% from 21.9%, despite near-term hiring and training cost pressures. Nine-month free cash flow, operating cash flow less capital expenditures, increased to $102.5 million from $49.9 million. Hexcel maintained 2026 guidance for sales of $2.025 billion–$2.125 billion, adjusted diluted earnings per share of $2.30–$2.40 and free cash flow greater than $195 million. The board raised the share repurchase authorization to $750 million; no shares were repurchased during the quarter.

Hexcel (NYSE: HXL) will report its third-quarter 2026 financial results on October 21 after the market close.

A webcast and conference call will follow on October 22 at 9:30 a.m. ET, hosted by Chairman, CEO and President Tom Gentile and Chief Financial Officer Jamie Coogan. A replay will be available on the company’s investor relations webpage approximately two hours after the call concludes.

Hexcel (HXL) will showcase new composite materials, qualification milestones and manufacturing innovations at the CAMX 2026 expo in Atlanta from September 22-24, highlighting solutions for aerospace, defense, space and industrial applications.

The company will present the NCAMP qualification of its HexWeb® HRH-10® aerospace honeycomb, creating the first publicly available NCAMP database for honeycomb core materials to support design efficiency and lower qualification costs. Hexcel will also feature expanded U.S. manufacturing for its fast-curing HexPly® M901 prepreg, now produced in Salt Lake City with four- to five-minute cure cycles, and introduce enhanced HexWeb® Vented Flex-Core® aluminum honeycomb for highly contoured, demanding aerospace and space launch structures. Hexcel executives will participate in CAMX sessions on industrializing new materials and the importance of vertical integration.

Hexcel (NYSE:HXL) announced that Chairman, CEO and President Tom Gentile will present at the Jefferies Global Industrials Conference on Wednesday, September 9, 2026 at 1:30 PM ET. A live webcast and replay will be available via the Investor Relations section of Hexcel's website.

Dycom Industries (NYSE: DY) has appointed David Fallon and Michael Lenz to its Board of Directors, effective August 4, 2026. According to Dycom, both bring extensive financial and operational experience from large public companies and are expected to enhance the Board’s capabilities.

Fallon was most recently Chief Financial Officer at Vertiv Holdings (NYSE: VRT) and previously held senior finance roles at CLARCOR and Noble International. Lenz most recently served as Executive Vice President and Interim Chief Financial Officer at Hexcel (NYSE: HXL), and earlier was Executive Vice President and Chief Financial Officer at FedEx, with additional leadership roles at American Airlines. Dycom highlighted their expertise in capital allocation, large-scale operations, M&A, and cash flow management as aligned with its long-term strategic objectives.

Hexcel (NYSE: HXL) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.18 per share on its common stock. The dividend will be paid on August 17, 2026, to stockholders of record as of August 10, 2026.

Hexcel (NYSE:HXL) reported Q2 2026 net sales of $529.3 million, up 8.0% year over year, with GAAP diluted EPS of $0.64 versus $0.17 and adjusted diluted EPS of $0.66 versus $0.50. Adjusted operating income rose to $73.6 million (13.9% margin) from $54.2 million (11.1%).

Commercial Aerospace Q2 sales increased 18.3% to $346.6 million, led by Airbus A350 and Boeing 787, while Defense, Space & Other declined 7.2% to $182.7 million, mainly from a prior divestment. For H1 2026, free cash flow improved to $51.8 million from negative $46.6 million. Guidance for 2026 sales was raised to $2.025–$2.125 billion and adjusted EPS to $2.30–$2.40, with free cash flow expected above $195 million and capex below $100 million. Hexcel issued $400 million of 4.9% senior notes due 2031 to redeem $400 million of 3.95% notes due 2027 and declared a quarterly dividend of $0.18 per share.

Hexcel (NYSE: HXL) announced that its HexPly® M91 carbon fiber-reinforced epoxy prepreg system has completed NCAMP qualification through the National Center for Advanced Materials Performance, an initiative of NIAR at Wichita State University. The qualification covers both unidirectional tape and plain weave fabric, creating a fully characterized material system for primary aerospace structures and other structural uses.

According to Hexcel, M91 combines an intermediate modulus carbon fiber with a toughened epoxy resin, providing enhanced tensile, compressive and impact properties versus established baseline materials. Material allowables and supporting data are now published in the NCAMP database, enabling aerospace manufacturers to use shared property data to support design and certification, reduce qualification time and cost, and facilitate adoption across applications from large commercial aircraft to advanced air mobility platforms.

Hexcel (NYSE:HXL) announced a series of new and extended long-term agreements with Boeing, covering commercial, defense and space programs. The arrangements include an enterprise-level composite material supply framework and a contract extension for Boeing’s advanced acoustic engineered core needs in engine applications.

According to Hexcel, these agreements expand its role as a key materials supplier across Boeing’s major platforms and strengthen long-term supply and technology alignment, supporting current production while enabling development of future performance and sustainability-focused composite solutions.