We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Hexcel's Q4 EPS of 52 cents beat estimates by 4%, with GAAP EPS surging 757.1% Y/Y.
Cash on hand dropped to $71M, while long-term debt rose to $993M by year-end 2025.
Hexcel expects 2026 sales of $2-2.1B and adjusted EPS of $2.10-$2.30.
Hexcel Corporation (HXL - Free Report) reported fourth-quarter 2025 adjusted earnings of 52 cents per share, which came in line with the year-ago quarter’s figure. However, the bottom line topped the Zacks Consensus Estimate of 50 cents by 4%.
The company reported GAAP earnings of 60 cents per share, which improved a massive 757.1% from the year-ago quarter’s figure of 7 cents.
For 2025, HXL reported adjusted earnings of $1.76 per share compared with $2.03 in 2024, reflecting a year-over-year decrease of 13.3%. The year-over-year bottom-line decline can be attributed to lower net sales and operating income.
HXL’s Total Sales
In the fourth quarter, the company’s net sales totaled $491.3 million, which beat the Zacks Consensus Estimate of $478 million by 2.7%. The top line also rose 3.7% from the year-ago quarter’s reported sales of $473.8 million.
For 2025, the company recorded total sales of $1.89 billion compared with $1.90 billion in 2024, highlighting a year-over-year decrease of 0.5%. The year-over-year decline can be attributed to lower sales from the Commercial Aerospace market.
Hexcel Corporation Price, Consensus and EPS Surprise
Hexcel's gross margin in the fourth quarter was 24.6%, which contracted 40 basis points from the prior-year quarter.
Selling, general and administrative (SG&A) expenses decreased 13.2% year over year to $41.6 million in the fourth quarter. Research and technology expenses for the fourth quarter of 2025 rose 5.9% year over year to $14.3 million.
HXL’s adjusted operating income was $65.1 million in the quarter compared with $57.1 million in the year-ago period.
HXL’s Contribution From Different Markets
Commercial Aerospace: Net sales increased 7.6% year over year to $299.5 million, driven by strong growth in Airbus A320neo, Boeing 787 and 737 MAX sales.
Defense, Space & Other: Net sales fell 1.9% year over year to $191.8 million. This year-over-year decline was due to the divestment of the Austrian-based industrial business.
HXL’s Financial Details
As of Dec. 31, 2025, Hexcel’s cash and cash equivalents were $71 million compared with $125.4 million as of Dec. 31, 2024.
The company’s long-term debt totaled $993 million as of Dec. 31, 2025, up from $700.6 million as of 2024-end.
During 2025, HXL’s cash provided by operating activities was $230.5 million compared with $289.9 million in the year-ago period.
Hexcel’s adjusted free cash flow as of Dec. 31, 2025 was $157.2 million compared with adjusted free cash flow of $202.9 million in the year-ago period.
Hexcel’s 2026 Guidance
Hexcel expects to generate sales in the range of $2-$2.1 billion. The Zacks Consensus Estimate is pegged at $2.07 billion, which is above the midpoint of the company's guided range.
HXL expects its adjusted earnings per share in the range of $2.10-$2.30. The Zacks Consensus Estimate stands at $2.29, which is at the higher end of the company’s guided range.
Hexcel expects to generate free cash flow of greater than $195 million in 2026. It also expects capital expenditure to be less than $100 million.
Teledyne Technologies Inc. (TDY - Free Report) reported fourth-quarter 2025 adjusted earnings of $6.30 per share, which surpassed the Zacks Consensus Estimate of $5.83 by 8.1%. The bottom line also improved 14.1% from $5.52 recorded in the year-ago quarter.
Total sales were $1.61 billion, which beat the Zacks Consensus Estimate of $1.57 billion by 2.7%. The top line also surged 7.3% from $1.50 billion reported in the year-ago quarter.
Textron Inc. (TXT - Free Report) reported fourth-quarter 2025 adjusted earnings of $1.73 per share, which missed the Zacks Consensus Estimate of $1.74 by 0.8%. However, the bottom line rose 29.1% from $1.34 in the year-ago quarter.
The company reported total revenues of $4.18 billion, which outpaced the Zacks Consensus Estimate of $4.14 billion by 0.8%. The top line also rose 15.7% from the year-ago quarter’s level of $3.61 billion.
RTX Corporation’s (RTX - Free Report) fourth-quarter 2025 adjusted earnings per share of $1.55 beat the Zacks Consensus Estimate of $1.46 by 5.9%. The bottom line also improved 0.6% from the year-ago quarter’s level of $1.54.
RTX’s fourth-quarter sales totaled $24.24 billion, which surpassed the Zacks Consensus Estimate of $22.74 billion by 6.6%. The top line also surged a solid 12.1% from $21.62 billion recorded in the fourth quarter of 2024.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Hexcel's Q4 Earnings Beat Estimates, Revenues Increase Y/Y
Key Takeaways
Hexcel Corporation (HXL - Free Report) reported fourth-quarter 2025 adjusted earnings of 52 cents per share, which came in line with the year-ago quarter’s figure. However, the bottom line topped the Zacks Consensus Estimate of 50 cents by 4%.
The company reported GAAP earnings of 60 cents per share, which improved a massive 757.1% from the year-ago quarter’s figure of 7 cents.
For 2025, HXL reported adjusted earnings of $1.76 per share compared with $2.03 in 2024, reflecting a year-over-year decrease of 13.3%. The year-over-year bottom-line decline can be attributed to lower net sales and operating income.
HXL’s Total Sales
In the fourth quarter, the company’s net sales totaled $491.3 million, which beat the Zacks Consensus Estimate of $478 million by 2.7%. The top line also rose 3.7% from the year-ago quarter’s reported sales of $473.8 million.
For 2025, the company recorded total sales of $1.89 billion compared with $1.90 billion in 2024, highlighting a year-over-year decrease of 0.5%. The year-over-year decline can be attributed to lower sales from the Commercial Aerospace market.
Hexcel Corporation Price, Consensus and EPS Surprise
Hexcel Corporation price-consensus-eps-surprise-chart | Hexcel Corporation Quote
Hexcel’s Operational Update
Hexcel's gross margin in the fourth quarter was 24.6%, which contracted 40 basis points from the prior-year quarter.
Selling, general and administrative (SG&A) expenses decreased 13.2% year over year to $41.6 million in the fourth quarter. Research and technology expenses for the fourth quarter of 2025 rose 5.9% year over year to $14.3 million.
HXL’s adjusted operating income was $65.1 million in the quarter compared with $57.1 million in the year-ago period.
HXL’s Contribution From Different Markets
Commercial Aerospace: Net sales increased 7.6% year over year to $299.5 million, driven by strong growth in Airbus A320neo, Boeing 787 and 737 MAX sales.
Defense, Space & Other: Net sales fell 1.9% year over year to $191.8 million. This year-over-year decline was due to the divestment of the Austrian-based industrial business.
HXL’s Financial Details
As of Dec. 31, 2025, Hexcel’s cash and cash equivalents were $71 million compared with $125.4 million as of Dec. 31, 2024.
The company’s long-term debt totaled $993 million as of Dec. 31, 2025, up from $700.6 million as of 2024-end.
During 2025, HXL’s cash provided by operating activities was $230.5 million compared with $289.9 million in the year-ago period.
Hexcel’s adjusted free cash flow as of Dec. 31, 2025 was $157.2 million compared with adjusted free cash flow of $202.9 million in the year-ago period.
Hexcel’s 2026 Guidance
Hexcel expects to generate sales in the range of $2-$2.1 billion. The Zacks Consensus Estimate is pegged at $2.07 billion, which is above the midpoint of the company's guided range.
HXL expects its adjusted earnings per share in the range of $2.10-$2.30. The Zacks Consensus Estimate stands at $2.29, which is at the higher end of the company’s guided range.
Hexcel expects to generate free cash flow of greater than $195 million in 2026. It also expects capital expenditure to be less than $100 million.
HXL’s Zacks Rank
Hexcel currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Recent Defense Releases
Teledyne Technologies Inc. (TDY - Free Report) reported fourth-quarter 2025 adjusted earnings of $6.30 per share, which surpassed the Zacks Consensus Estimate of $5.83 by 8.1%. The bottom line also improved 14.1% from $5.52 recorded in the year-ago quarter.
Total sales were $1.61 billion, which beat the Zacks Consensus Estimate of $1.57 billion by 2.7%. The top line also surged 7.3% from $1.50 billion reported in the year-ago quarter.
Textron Inc. (TXT - Free Report) reported fourth-quarter 2025 adjusted earnings of $1.73 per share, which missed the Zacks Consensus Estimate of $1.74 by 0.8%. However, the bottom line rose 29.1% from $1.34 in the year-ago quarter.
The company reported total revenues of $4.18 billion, which outpaced the Zacks Consensus Estimate of $4.14 billion by 0.8%. The top line also rose 15.7% from the year-ago quarter’s level of $3.61 billion.
RTX Corporation’s (RTX - Free Report) fourth-quarter 2025 adjusted earnings per share of $1.55 beat the Zacks Consensus Estimate of $1.46 by 5.9%. The bottom line also improved 0.6% from the year-ago quarter’s level of $1.54.
RTX’s fourth-quarter sales totaled $24.24 billion, which surpassed the Zacks Consensus Estimate of $22.74 billion by 6.6%. The top line also surged a solid 12.1% from $21.62 billion recorded in the fourth quarter of 2024.