Welcome to our dedicated page for Hexcel SEC filings (Ticker: HXL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Hexcel Corporation filings document an aerospace and industrial materials issuer that manufactures carbon fiber, reinforcements, prepregs, honeycomb, resins, engineered core, and composite structures. Its SEC reports include 8-K disclosures for quarterly results, segment and market sales summaries, senior-note issuance, credit-facility refinancing, executive appointments, and governance agreements, along with proxy materials covering board elections, executive compensation, shareholder voting matters, and director oversight.
Hexcel Corporation issued $400,000,000 aggregate principal amount of 4.900% Senior Notes due 2031 under its shelf registration. The company estimates net proceeds of about $395,200,000 after underwriting discounts and expenses.
Hexcel intends to use the proceeds, together with cash on hand, to redeem all $400,000,000 of its outstanding 3.950% Senior Notes due 2027 and pay related fees and expenses. The new notes pay 4.900% interest, maturing on May 15, 2031, with semi-annual payments beginning November 15, 2026, and include customary redemption, change-of-control and covenant terms.
Hexcel Corp: Vanguard Capital Management reports beneficial ownership of 3,973,070 shares of Common Stock, representing 5.23% of the class. The filing shows sole voting power for 574,996 shares and sole dispositive power for 3,973,070 shares, and states these holdings include securities held for Vanguard funds and managed accounts.
Hexcel Corporation is offering $400,000,000 aggregate principal amount of 4.900% Senior Notes due May 15, 2031. Interest accrues from April 30, 2026 and is payable semi‑annually on May 15 and November 15, beginning November 15, 2026. The notes were priced at 99.909% of principal and are unsecured, unsubordinated obligations that will initially have no subsidiary guarantees.
The net proceeds are estimated at approximately $395.2 million, which together with cash on hand will be used to fund the redemption of Hexcel’s outstanding 3.950% Senior Notes due 2027. The notes include customary optional redemption provisions, a change‑of‑control repurchase obligation at 101%, and an interest‑rate step‑up tied to specified ratings downgrades by Moody’s and S&P.
Hexcel Corporation is offering senior notes under a preliminary prospectus supplement that sets out detailed terms including interest payment dates, optional redemption, a change-of-control repurchase feature and a mechanism for future subsidiary guarantees.
The prospectus states the net proceeds are intended to fund the redemption of the 3.950% Senior Notes due 2027 (of which $400 million was outstanding) and related fees and expenses.
Hexcel Corporation reported stronger results for the quarter ended March 31, 2026, with net sales of $501.5 million, up 9.9% from $456.5 million a year earlier, driven mainly by commercial aerospace demand.
Commercial aerospace revenue rose 18.8% to $332.7 million, while Defense, Space & Other fell 4.3% to $168.8 million, partly reflecting a prior industrial divestiture. Gross margin improved to 26.9% of sales from 22.4%, lifting operating income 30.3% to $57.6 million.
Net income increased to $37.2 million from $28.9 million, and diluted EPS grew to $0.49 from $0.35. Free cash flow remained negative at $(6.2) million, as $25.2 million of capital spending exceeded $19.0 million of operating cash flow.
Hexcel refinanced its senior unsecured credit facility with a new $750 million agreement maturing in 2031 and ended the quarter with $998.1 million of total debt, $54.1 million of cash, and $450.0 million of undrawn revolver availability. The company also completed a $350 million accelerated share repurchase at an average price of $77.38 per share and recorded $5.5 million of restructuring charges tied to shutting down industrial manufacturing at its Leicester, UK facility.
Hexcel Corporation reported stronger results for the quarter ended March 31, 2026, with net sales of $501.5 million, up 9.9% from $456.5 million a year earlier, driven mainly by commercial aerospace demand.
Commercial aerospace revenue rose 18.8% to $332.7 million, while Defense, Space & Other fell 4.3% to $168.8 million, partly reflecting a prior industrial divestiture. Gross margin improved to 26.9% of sales from 22.4%, lifting operating income 30.3% to $57.6 million.
Net income increased to $37.2 million from $28.9 million, and diluted EPS grew to $0.49 from $0.35. Free cash flow remained negative at $(6.2) million, as $25.2 million of capital spending exceeded $19.0 million of operating cash flow.
Hexcel refinanced its senior unsecured credit facility with a new $750 million agreement maturing in 2031 and ended the quarter with $998.1 million of total debt, $54.1 million of cash, and $450.0 million of undrawn revolver availability. The company also completed a $350 million accelerated share repurchase at an average price of $77.38 per share and recorded $5.5 million of restructuring charges tied to shutting down industrial manufacturing at its Leicester, UK facility.
Hexcel Corporation reported strong first quarter 2026 results, with net sales rising to $501.5 million from $456.5 million, a 9.9% increase, driven mainly by commercial aerospace demand. Adjusted diluted EPS grew to $0.59 from $0.37, reflecting higher margins and operating leverage.
Commercial Aerospace sales climbed 18.8% to $332.7 million, while Defense, Space & Other sales declined 4.3% to $168.8 million following an industrial business divestiture. Gross margin improved to 26.9% from 22.4%, and adjusted operating income rose to $67.5 million, or 13.5% of sales.
Operating cash flow improved to $19.0 million from a use of $28.5 million, with free cash flow negative $6.2 million but much better than negative $54.6 million a year earlier. Hexcel reaffirmed its 2026 guidance, targeting $2.0–$2.1 billion in sales, adjusted EPS of $2.10–$2.30, free cash flow above $195 million, and capital expenditures under $100 million.
Hexcel Corporation reported strong first quarter 2026 results, with net sales rising to $501.5 million from $456.5 million, a 9.9% increase, driven mainly by commercial aerospace demand. Adjusted diluted EPS grew to $0.59 from $0.37, reflecting higher margins and operating leverage.
Commercial Aerospace sales climbed 18.8% to $332.7 million, while Defense, Space & Other sales declined 4.3% to $168.8 million following an industrial business divestiture. Gross margin improved to 26.9% from 22.4%, and adjusted operating income rose to $67.5 million, or 13.5% of sales.
Operating cash flow improved to $19.0 million from a use of $28.5 million, with free cash flow negative $6.2 million but much better than negative $54.6 million a year earlier. Hexcel reaffirmed its 2026 guidance, targeting $2.0–$2.1 billion in sales, adjusted EPS of $2.10–$2.30, free cash flow above $195 million, and capital expenditures under $100 million.
HEXCEL CORP (HXL) director Patricia Hubbard received a grant of 277 Restricted Stock Units (RSUs). The award was reported as a compensation-related acquisition, not an open-market trade, with a stated price of $0.00 per unit.
Each RSU represents a conditional right to receive one share of Hexcel common stock. According to the deferral terms, the 277 underlying shares will be issued after Hubbard ceases to be a member of Hexcel’s board of directors, effectively postponing delivery of the stock until she leaves the board.
Hexcel director David H. Li reported compensation-related equity activity involving restricted stock units (RSUs) and common shares. On April 4, 2026, he exercised 457 RSUs, converting them into 457 shares of common stock at a stated price of $0.00 per share, a non-market transaction.
Following this exercise, his direct holdings in Hexcel’s common stock increased to 1,542 shares. On April 3, 2026, he also received a grant of 277 RSUs, each representing a conditional right to one common share. These RSUs are scheduled to convert into an equivalent number of common shares on the first anniversary of the grant date.
Hexcel Corporation is asking stockholders to vote at its May 14, 2026 virtual annual meeting on electing nine directors, approving 2025 executive compensation on an advisory basis, ratifying Ernst & Young as auditor for 2026, and approving a new Long-Term Incentive Plan.
As of March 17, 2026, there were 75,394,986 common shares outstanding, with a majority required for quorum. For 2025, sales were $1,894 million, down 0.5% versus 2024. Diluted EPS declined to $1.37 from $1.59 and adjusted diluted EPS to $1.76 from $2.03.
Hexcel reported net cash provided by operating activities of $230.5 million and free cash flow of $157.2 million, both lower than 2024, while returning more than $800 million to stockholders since early 2024 through dividends and share repurchases. The proxy also highlights board refreshment, strong independence, majority voting, robust stock ownership guidelines and detailed risk oversight, succession planning and sustainability governance.