OverviewSuggest Edit

Hexcel is a manufacturer of composite materials and engineered products. It operates through 2 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. The Engineered Products segment manufactures and markets composite structures and precision machined honeycomb parts primarily for use in the aerospace industry, as well as interference control materials, structural composites, dielectric absorber foams and honeycomb, magnetic absorbers, and thermoplastics for commercial and defense applications.
TypePublic
Founded1948
HQStamford, CT, US
Websitehexcel.com
Employee Ratings3.5
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2020)4,647(-33%)
Job Openings85
Revenue (FY, 2020)$1.5 B(-36%)
Share Price (Nov 2021)$62.2
Cybersecurity ratingCMore
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Key People/Management at Hexcel

Nick L. Stanage

Nick L. Stanage

Chairman, CEO and President
Colleen Pritchett

Colleen Pritchett

President – Aerospace, Americas & Fibers
Robert Hennemuth

Robert Hennemuth

Executive Vice President, Human Resources & Communications
Gail Lehman

Gail Lehman

Executive Vice President, General Counsel and Secretary
Patrick Winterlich

Patrick Winterlich

Executive Vice President and Chief Financial Officer
Paul Mackenzie

Paul Mackenzie

Senior Vice President and Chief Technology Officer
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Hexcel Office Locations

Hexcel has offices in Stamford, Amesbury, Burlington, Casa Grande and in 31 other locations
Stamford, CT, US (HQ)
281 Tresser Blvd, 14th Floor
Amesbury, MA, US
37 S Hunt Rd
Burlington, WA, US
15062 Steele Rd
Casa Grande, AZ, US
1214 W Gila Bend Hwy
Decatur, AL, US
3300 Mallard Fox Dr NW
Dublin, CA, US
11711 Dublin Meadows St
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Hexcel Financials and Metrics

Hexcel Revenue

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Hexcel's revenue was reported to be $1.5 b in FY, 2020 which is a 36.2% decrease from the previous period.
USD

Revenue (Q3, 2021)

333.8m

Gross profit (Q3, 2021)

66.0m

Gross profit margin (Q3, 2021), %

19.8%

Net income (Q3, 2021)

9.0m

EBIT (Q3, 2021)

22.8m

Market capitalization (12-Nov-2021)

5.2b

Closing stock price (12-Nov-2021)

62.2

Cash (30-Sept-2021)

105.8m

EV

6.0b
Hexcel's current market capitalization is $5.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

2.2b2.4b1.5b

Revenue growth, %

11%8%(36%)

Cost of goods sold

1.6b1.7b1.3b

Gross profit

580.8m640.4m239.7m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

609.9m609.0m572.5m541.0m378.7m286.9m310.3m320.3m333.8m

Cost of goods sold

442.7m440.2m414.6m400.1m323.8m273.4m257.2m258.4m267.8m

Gross profit

167.2m168.8m157.9m140.9m54.9m13.5m53.1m61.9m66.0m

Gross profit Margin, %

27%28%28%26%14%5%17%19%20%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

32.7m64.4m103.3m

Accounts Receivable

260.9m227.6m125.4m

Inventories

297.8m333.1m213.5m

Current Assets

675.8m704.9m535.9m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

276.6m306.6m31.7m

Depreciation and Amortization

123.1m141.7m140.9m

Inventories

(25.2m)(30.4m)129.4m

Accounts Payable

23.3m12.5m(134.1m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

72.2m153.1m233.4m42.4m41.4m51.1m(14.0m)(11.8m)(2.8m)

Depreciation and Amortization

38.7m72.7m107.1m35.5m70.4m106.0m34.5m68.7m102.4m

Inventories

(32.3m)(36.3m)(56.8m)(26.4m)14.6m74.2m(7.6m)(21.8m)(37.3m)

Accounts Payable

19.1m17.4m15.1m(18.8m)(95.2m)(128.0m)30.2m50.7m43.3m
USDFY, 2018

EV/EBIT

15.6 x

EV/CFO

13.7 x

EV/FCF

24.4 x

Revenue/Employee

330.4k

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.1 x

P/E Ratio

18.4
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Hexcel Operating Metrics

FY, 2017FY, 2018FY, 2019FY, 2020

Aircraft Deliveries (Airbus)

718800863566

Aircraft Deliveries (Boeing)

763806380157

Aircraft in Backlog (Airbus and Boeing)

13.13 k13.53 k13.11 k12.18 k

Manufacturing Facilities

23232423
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Hexcel Acquisitions / Subsidiaries

Company NameDateDeal Size
ARC TechnologiesJanuary 03, 2019$163.2 m
StructilOctober 02, 2017
FormaxJanuary 05, 2016
ACM Holdings LLC
Hexcel Asia Pacific Trading Limited
Hexcel Composites GmbH
Hexcel Composites GmbH & Co. KG
Hexcel Composites India LLP
Hexcel Composites Limited
Hexcel Composites Pension Trustees Limited
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Hexcel Revenue Breakdown

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Hexcel revenue breakdown by business segment: 15.4% from Industrial, 29.9% from Space and Defense and 54.7% from Commercial Aerospace

Hexcel revenue breakdown by geographic segment: 26.4% from United States, 7.5% from France, 26.4% from United States, 7.5% from France and 32.2% from Other

Hexcel Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Hexcel Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Hexcel Online and Social Media Presence

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Hexcel Company Culture

  • Overall Culture

    D-

    54/100

  • CEO Rating

    B-

    69/100

  • Compensation

    C+

    66/100

Learn more on Comparably

Hexcel News and Updates

Hexcel Innovative Marine Prepreg Technologies Offer Lightweighting and Reduce Total Manufacturing Cost

Hexcel will showcase a series of innovative prepreg technologies that provide both reduced weight and lower total manufacturing costs for the Marine industry. Also on display at the company’s booth will be material demonstrator parts and marine components from some of Europe’s leading boatyards.

Hexcel reports 2021 third quarter results

Q3 2021 GAAP diluted EPS of $0.11 and adjusted diluted EPS of $0.13, compared to Q3 2020 GAAP diluted EPS of $0.12 and adjusted diluted EPS of $(0.29).

Hexcel Returns to CAMX 2021 to Promote the Latest in Innovative Advanced Composite Materials

After a year of cancelled shows, CAMX 2021 is returning in-person October 19-21 in Dallas, TX and Hexcel will be exhibiting (Booth U13) to promote its latest advanced composite materials innovations and once again meet face-to-face with show visitors.

Hexcel Awarded Long-Term Contract for Additive Manufactured Parts for the Boeing 777X Family

Hexcel Corporation (NYSE: HXL) has been awarded a multi-year contract to produce aerospace structures made with HexPEKK®-100 for the Boeing 777X. The parts will be manufactured at the company’s additive manufacturing site near Hartford, Connecticut.

Hexcel Corporation Stock Has Around 40% Upside

We believe that Hexcel Corporation stock (NYSE: HXL) has a potential upside of 42% in the next 1-1.5 years, once the commercial aerospace industry recovers to the pre-Covid-19 levels. Hexcel Corporation deals in lightweight, high-performance structural materials like carbon fibers, honeycomb, adhesi…

Hexcel Corporation Stock Has Around 40% Upside

We believe that Hexcel Corporation stock has a potential upside of 42% in the next 1-1.5 years, once the commercial aerospace industry recovers to the pre-Covid-19 levels. Hexcel Corporation deals in lightweight, high-performance structural materials like carbon fibers, honeycomb, adhesives...
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Hexcel Frequently Asked Questions

  • When was Hexcel founded?

    Hexcel was founded in 1948.

  • Who are Hexcel key executives?

    Hexcel's key executives are Nick L. Stanage, Colleen Pritchett and Robert Hennemuth.

  • How many employees does Hexcel have?

    Hexcel has 4,647 employees.

  • What is Hexcel revenue?

    Latest Hexcel annual revenue is $1.5 b.

  • What is Hexcel revenue per employee?

    Latest Hexcel revenue per employee is $323.3 k.

  • Who are Hexcel competitors?

    Competitors of Hexcel include Albany International, TPI Composites and Solvay.

  • Where is Hexcel headquarters?

    Hexcel headquarters is located at 281 Tresser Blvd, 14th Floor, Stamford.

  • Where are Hexcel offices?

    Hexcel has offices in Stamford, Amesbury, Burlington, Casa Grande and in 31 other locations.

  • How many offices does Hexcel have?

    Hexcel has 36 offices.