Hexcel reported third-quarter revenue of $496 million, up 9% compared with the year-ago quarter, with adjusted operating profit of $54.4 million, up 21% from the year-ago quarter. As commercial aerospace production rates continue ramping up, Hexcel will benefit from operating leverage as they do.
Commercial aerospace manufacturing has a highly visible revenue runway from increasing flights per capita as middle-class demand in emerging markets grows.
More than half of 2019 commercial revenue came from wide-body production, which fell 60% by 2021, and we do not expect it to return to 2019 levels until 2029.
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Metric
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HXL
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RTX
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BA.
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|---|---|---|---|
Price/Earnings (Normalized) | 36.87 | 28.55 | 27.12 |
Price/Book Value | 4.50 | 3.79 | 4.83 |
Price/Sales | 3.00 | 2.77 | 2.10 |
Price/Cash Flow | 19.39 | 19.07 | 17.89 |
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Metric
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HXL
|
RTX
|
BA.
|
|---|---|---|---|
Quick Ratio | 1.26 | 0.67 | 0.91 |
Current Ratio | 2.57 | 1.05 | 1.02 |
Interest Coverage | 5.20 | 7.67 | 6.15 |
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Metric
|
HXL
|
RTX
|
BA.
|
|---|---|---|---|
Return on Assets (Normalized) | 6.39% | 5.72% | 6.27% |
Return on Equity (Normalized) | 13.00% | 14.84% | 20.36% |
Return on Invested Capital (Normalized) | 9.48% | 10.33% | 12.60% |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
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|---|---|---|---|---|---|---|
| Space Exploration Technologies Corp Class A
SPCX
| LOCK|bh$>VxP | LOCK|$W?c | $2T | |||
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GE
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| RTX Corp
RTX
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EADSY
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LMT
| LOCK|FLxwWYV | LOCK|l#< | $144B | |||
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RYCEY
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BA
| LOCK|YWxfs@x | LOCK|%r< | $133B | |||
| General Dynamics Corp
GD
| LOCK|?R$BLQ>R | LOCK|^K# | $96B | |||
| BAE Systems PLC ADR
BAESY
| LOCK|&&>W$B> | LOCK|>%> | $80B | |||
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NOC
| LOCK|Cz&T&H@ | LOCK|?#& | $78B |
United States