Hexcel (HXL) Dividend Coverage Ratio (2015 - 2026)
Hexcel's Dividend Coverage Ratio was 3.63 in Q2 2026, up 267.9% from 0.99 a year earlier and up 33.5% from the prior quarter.
Hexcel (HXL) Dividend Coverage Ratio (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hexcel's Dividend Coverage Ratio was 2.86 through Jun 30, 2026, up 68.3% year-over-year; for FY2025, it was 2.03, down 24.3% from FY2024.
- In earlier years, Dividend Coverage Ratio was 2.68 in FY2024 (+7.0%), 2.50 in FY2023 (-33.2%) and 3.75 in FY2022.
- The Q2 2026 figure marks the highest quarterly Dividend Coverage Ratio since Q2 2024.
- Compared with a year earlier, Dividend Coverage Ratio has increased for three straight quarters, with growth averaging 111.5% over the last seven quarters.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q4 2025 (growth of 650.4%); the worst was Q2 2025 (a decline of 75.6%).
- Per Business Quant data, HXL's Dividend Coverage Ratio in the three quarters before Q2 2026 was 2.72 (Q1 2026), 3.60 (Q4 2025) and 1.53 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 2.61 |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 2.23 |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | - |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | -3.58 |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | - |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 2.49 |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | - |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 7.29 |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | - |
| 10 | Hexcel | 6.35 Bn | 6.07 Bn | 138.10 Mn | 3.63 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.63 |
| Mar 31, 2026 | 2.72 |
| Dec 31, 2025 | 3.60 |
| Sep 30, 2025 | 1.53 |
| Jun 30, 2025 | 0.99 |
| Mar 31, 2025 | 2.09 |
| Dec 31, 2024 | 0.48 |
| Sep 30, 2024 | 3.26 |
| Jun 30, 2024 | 4.03 |
| Mar 31, 2024 | 2.90 |
| Dec 31, 2023 | -1.73 |
| Sep 30, 2023 | 3.65 |
| Jun 30, 2023 | 4.01 |
| Mar 31, 2023 | 4.07 |
| Dec 31, 2022 | 4.40 |
| Sep 30, 2022 | 3.15 |
| Jun 30, 2022 | 5.39 |
| Mar 31, 2022 | 2.09 |
| Mar 31, 2020 | 2.99 |
| Dec 31, 2019 | 2.05 |
Hexcel Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=HXL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "HXL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=HXL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();