How many subsidiaries does HEXCEL CORP /DE/ file with the SEC?

32, listed in its most recent exhibit 21. They are incorporated across 17 jurisdictions, led by Delaware, Massachusetts, California. 5 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is HEXCEL CORP /DE/ financially healthy?

HEXCEL CORP /DE/ scores 6 out of 9 on the Piotroski F-score. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

HEXCEL CORP /DE/ (HXL)

NYSE · Plastic Materials, Synth Resins & Nonvulcan Elastomers

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Corporate structure

32 entities across 17 jurisdictions, 5 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-11 — see the exhibit.

Which other public companies file entities in the same places:

France6 Luxembourg5 Delaware4 Spain3 Hong Kong2 Massachusetts1 California1 Austria1 Germany1 India1 Morocco1 Malaysia1

Subsidiaries of HEXCEL CORP /DE/ as disclosed in its SEC filing
Entity	Jurisdiction	Note
ACM Holdings LLC	Delaware
ARC Technologies LLC	Massachusetts
Hexcel Foundation	California
Hexcel LLC	Delaware
Hexcel Pottsville Corporation	Delaware
Hexcel Reinforcements Corp.	Delaware
Hexcel Asia Pacific Trading Limited	Hong Kong
Hexcel Austria GMBH	Austria
Hexcel Composites GmbH	Germany
Hexcel Composites India LLP	India
Hexcel Composites SARLAU

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

6 / 9

PASSReturn on assets positiveROA 4.0%
PASSOperating cash flow positiveOCF 231M
FAILReturn on assets improving4.8% → 4.0%
PASSCash flow exceeds earningsOCF 231M vs NI 109M
FAILLong-term debt ratio falling25.7% → 36.7% of assets
PASSCurrent ratio improving2.21 → 2.26
PASSNo share dilution83M → 80M shares
FAILGross margin improving24.7% → 23.0%
PASSAsset turnover improving0.70× → 0.70×

Altman Z-score

4.94safe

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$1.5B	$31.7M	$213.7M	16.0%	84,000,000
FY2021	$1.3B	$16.1M	$123.8M	18.9%	84,600,000
FY2022	$1.6B	$126.3M	$96.8M	22.6%	85,000,000
FY2023	$1.8B	$105.7M	$148.9M	24.2%	85,500,000
FY2024	$1.9B	$132.1M	$202.9M	24.7%	83,000,000

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Dividend per share

2026Q1: $70.95
2020Q1: $0.17
2019Q3: $0.17
2019Q2: $0.15
2019Q1: $0.15
2018Q3: $0.15

Shares repurchased

2026Q1: $0
2025Q1: $50.4M
2024Q1: $100.7M
2023Q1: $0
2020Q1: $24.6M
2019Q1: $11.2M

Identity

CIK: 0000717605
SIC: 2821 · Plastic Materials, Synth Resins & Nonvulcan Elastomers
Incorporated: DE
Headquarters: STAMFORD, CT

Ownership

Institutional: 115.6%
Institutions: 680
Insiders: 1.0%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other plastic materials, synth resins & nonvulcan elastomers companies

HEXCEL CORP /DE/ files under SIC 2821 — all 8 plastic materials, synth resins & nonvulcan elastomers companies compared on assets and F-score.

DOW INC.DOW DuPont de Nemours, Inc.DD ALBEMARLE CORPALB EASTMAN CHEMICAL COEMN AVIENT CORPAVNT Trinseo PLCTSEOQ

Questions about HEXCEL CORP /DE/

How many subsidiaries does HEXCEL CORP /DE/ file with the SEC?: 32, listed in its most recent exhibit 21. They are incorporated across 17 jurisdictions, led by Delaware, Massachusetts, California. 5 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is HEXCEL CORP /DE/ financially healthy?: HEXCEL CORP /DE/ scores 6 out of 9 on the Piotroski F-score. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.