---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-054630"
form_type: "8-K"
ticker: "HXL"
cik: "0000717605"
company_name: "HEXCEL CORP /DE/"
filed_at: "2023-10-23T23:59:59+00:00"
generated_at: "2026-06-09T17:32:50.522428+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hexcel Q3 sales up 15% to $420M; adj. EPS $0.38, up 15% YoY; FY guidance reaffirmed

## Summary
- Q3 net sales $419.5M (+15% YoY; +13.2% constant currency).
- GAAP diluted EPS $0.45 (vs $0.31); adjusted diluted EPS $0.38 (vs $0.33).
- Commercial Aerospace sales +20.5%; Space & Defense +18.6%; Industrial -17.4%.
- FY 2023 guidance: sales $1.765-$1.835B, adj. EPS $1.80-$1.94, FCF >$110M.
- Board declared $0.125 dividend (payable Nov 13); $30M share repurchase in Q3.

## SEC filing metadata
- accession: 0000950170-23-054630
- form_type: 8-K
- ticker: HXL
- cik: 0000717605
- company_name: HEXCEL CORP /DE/
- filed_at: 2023-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717605/000095017023054630/0000950170-23-054630-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717605/000095017023054630/hxl-20231023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-054630
- JSON: https://secwatch.observer/filing/0000950170-23-054630.json
- Plain text: https://secwatch.observer/filing/0000950170-23-054630.txt

## Key facts
- Earnings Releases
  HEXCEL CORP /DE/ reported third quarter 2023 results: revenue $419.5 million, net income $38.7 million, EPS $0.45. Guidance reaffirmed.
  - Period: third quarter 2023
  - Revenue: $419.5 million
  - Net income: $38.7 million
  - EPS: $0.45
  - Guidance: reaffirmed
  - Result: reported results
  source text: Corporation Two Stamford Plaza| 281 Tresser Blvd., 16 th Floor Stamford, CT 06901 USA www.hexcel.com Exhibit 99.1 HEXCEL REPORTS 2023 THIRD QUARTER RESULTS • Q3 2023 Sales were $420 million, an increase of 15.0% over Q3 2022 sales of $365 million (13.2% increase in constant currency). • Q3 2023 GAAP diluted EPS of $0.45 compared to Q3 2022 GAAP diluted EPS of $0.31.
  evidence_url: https://www.sec.gov/Archives/edgar/data/717605/000095017023054630/0000950170-23-054630-index.htm

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