---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-001177"
form_type: "8-K"
ticker: "HXL"
cik: "0000717605"
company_name: "HEXCEL CORP /DE/"
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T09:59:29.787985+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hexcel Q4 EPS $0.43, sales up 19%; dividend raised 25%; FY23 guidance above consensus

## Summary
- Q4 2022 GAAP diluted EPS $0.43 vs $0.22 YoY; adjusted diluted EPS $0.40 vs $0.16.
- Q4 net sales $429M, up 19.2% YoY; FY22 sales $1,577.7M, up 19.1% YoY.
- Quarterly dividend increased 25% to $0.125/share from $0.10; payable Feb 17, 2023.
- FY22 free cash flow $96.8M; FY23 guidance: sales $1.725B-$1.825B, adj. EPS $1.70-$1.90, FCF >$140M.
- Commercial Aerospace sales grew 28.3% in Q4; Space & Defense +19.5% in Q4.

## SEC filing metadata
- accession: 0000950170-23-001177
- form_type: 8-K
- ticker: HXL
- cik: 0000717605
- company_name: HEXCEL CORP /DE/
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717605/000095017023001177/0000950170-23-001177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717605/000095017023001177/hxl-20230125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-001177
- JSON: https://secwatch.observer/filing/0000950170-23-001177.json
- Plain text: https://secwatch.observer/filing/0000950170-23-001177.txt

## Key facts
- Earnings Releases
  HEXCEL CORP /DE/ reported the fiscal year ended December 31, 2022 results: revenue $1,577.7, net income 126.3, EPS $1.49. Guidance initiated.
  - Period: the fiscal year ended December 31, 2022
  - Revenue: $1,577.7
  - Net income: 126.3
  - EPS: $1.49
  - Guidance: initiated
  - Result: reported results
  source text: Net Sales $ 429.4 $ 360.3 19.2 % $ 1,577.7 $ 1,324.7 19.1 % Net sales change in constant currency 21.7 % 21.7 % Operating Income 40.5 23.0 76.1 % 175.2 51.8 238.2 % Net Income 37.0 18.9 95.8 % 126.3 16.1 684.5 % Diluted net income per common share $ 0.43 $ 0.22 95.5 % $ 1.49 $ 0.19 684.2 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/717605/000095017023001177/0000950170-23-001177-index.htm
- Earnings Releases
  HEXCEL CORP /DE/ reported the fiscal quarter ended December 31, 2022 results: revenue $429.4, net income 37.0, EPS $0.43. Guidance initiated.
  - Period: the fiscal quarter ended December 31, 2022
  - Revenue: $429.4
  - Net income: 37.0
  - EPS: $0.43
  - Guidance: initiated
  - Result: reported results
  source text: Net Sales $ 429.4 $ 360.3 19.2 % $ 1,577.7 $ 1,324.7 19.1 % Net sales change in constant currency 21.7 % 21.7 % Operating Income 40.5 23.0 76.1 % 175.2 51.8 238.2 % Net Income 37.0 18.9 95.8 % 126.3 16.1 684.5 % Diluted net income per common share $ 0.43 $ 0.22 95.5 % $ 1.49 $ 0.19 684.2 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/717605/000095017023001177/0000950170-23-001177-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.