---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-007004"
form_type: "8-K"
ticker: "HXL"
cik: "0000717605"
company_name: "HEXCEL CORP /DE/"
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T19:34:57.971524+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hexcel Q4 adjusted EPS $0.43, sales $458M; FY24 guide: $1.93-2.03B sales, $2.10-2.30 adj EPS

## Summary
- Q4 GAAP diluted EPS $(0.21) due to $70.5M non-cash UK pension buy-out charge; adjusted diluted EPS $0.43 (+7.5% YoY).
- Q4 sales $457.5M (+6.5% YoY), with Commercial Aerospace +4.4%, Space & Defense +20.4%, Industrial -19.3%.
- FY23 adjusted EPS $1.81 (+41.4%), sales $1.79B (+13.4%), free cash flow $148.9M (vs $96.8M prior year).
- Quarterly dividend increased 20% to $0.15/share; paid Feb 16 to holders of record Feb 9.
- FY24 guidance: sales $1.925-2.025B, adj EPS $2.10-2.30, free cash flow >$200M; investor day Feb 20.

## SEC filing metadata
- accession: 0000950170-24-007004
- form_type: 8-K
- ticker: HXL
- cik: 0000717605
- company_name: HEXCEL CORP /DE/
- filed_at: 2024-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717605/000095017024007004/0000950170-24-007004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717605/000095017024007004/hxl-20240124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-007004
- JSON: https://secwatch.observer/filing/0000950170-24-007004.json
- Plain text: https://secwatch.observer/filing/0000950170-24-007004.txt

## Key facts
- Earnings Releases
  HEXCEL CORP /DE/ reported the fiscal quarter and year ended December 31, 2023 results: revenue $458 million, net income $(0.21) per diluted share, EPS $(0.21) per diluted share.
  - Period: the fiscal quarter and year ended December 31, 2023
  - Revenue: $458 million
  - Net income: $(0.21) per diluted share
  - EPS: $(0.21) per diluted share
  - Result: reported results
  source text: EPS of $(0.21), compared to Q4 2022 GAAP diluted EPS of $0.43. • Q4 2023 adjusted diluted EPS of $0.43, compared to Q4 2022 adjusted diluted EPS of $0.40. • Q4 2023 Sales were $458 million, compared to $429 million in Q4 2022. • FY 2023 GAAP diluted EPS of $1.24 compared to FY 2022 GAAP diluted EPS of $1.49. FY 2023 adjusted diluted EPS of $1.81, compared to FY
  evidence_url: https://www.sec.gov/Archives/edgar/data/717605/000095017024007004/0000950170-24-007004-index.htm

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