Hexcel (HXL) Gross Margin (2009 - 2026)
Hexcel (HXL) posted Gross Margin of 26.86% for Q1 2026, up 9.06% on a QoQ basis from 24.63% in Q4 2025, and up 443.0% year-over-year from 4.95% in Q1 2025.
Hexcel (HXL) Gross Margin (2009 - 2026) Analysis & Trends
Hexcel's Gross Margin history runs 18 years deep, the most recent figure standing at 26.86% for Q1 2026.
- Quarterly Gross Margin rose 443.0% year-over-year to 26.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.09% (up 3.0% YoY) and the FY2025 annual result came in at 22.96%, down 173.0% from the prior year.
- Gross Margin was 26.86% for Q1 2026 at Hexcel, up from 24.63% in the prior quarter.
- Across five years, Gross Margin topped out at 27.9% in Q1 2023 and bottomed at 21.84% in Q3 2023.
- A 5-year average of 23.79% and a median of 23.08% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin soared 570 bps — and 2024, when it tumbled 287 bps.
- Hexcel's Gross Margin stood at 23.08% in 2022, then slipped by 2 bps to 22.54% in 2023, then increased by 11 bps to 25.01% in 2024, then slipped by 2 bps to 24.63% in 2025, then climbed by 9 bps to 26.86% in 2026.
- Business Quant data shows HXL's Gross Margin at 26.86% in Q1 2026, 24.63% in Q4 2025, and 21.9% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 376.30 Bn | 366.96 Bn | -3.10 Bn | -433.85% |
| 2 | Rtx | 291.02 Bn | 282.72 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 171.24 Bn | 151.21 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 134.21 Bn | 130.42 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 114.09 Bn | 111.65 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 103.80 Bn | 99.46 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 77.38 Bn | 75.08 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 73.45 Bn | 69.56 Bn | 1.51 Bn | 59.39% |
| 9 | L3Harris Technologies | 52.15 Bn | 51.56 Bn | 1.40 Bn | 24.41% |
| 10 | Hexcel | 7.88 Bn | 7.82 Bn | 138.10 Mn | 26.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.86% |
| Dec 31, 2025 | 24.63% |
| Sep 30, 2025 | 21.90% |
| Jun 30, 2025 | 22.76% |
| Mar 31, 2025 | 22.43% |
| Dec 31, 2024 | 25.01% |
| Sep 30, 2024 | 23.33% |
| Jun 30, 2024 | 25.30% |
| Mar 31, 2024 | 25.03% |
| Dec 31, 2023 | 22.54% |
| Sep 30, 2023 | 21.84% |
| Jun 30, 2023 | 24.39% |
| Mar 31, 2023 | 27.90% |
| Dec 31, 2022 | 23.08% |
| Sep 30, 2022 | 22.43% |
| Jun 30, 2022 | 22.77% |
| Mar 31, 2022 | 22.20% |
| Dec 31, 2021 | 19.18% |
| Sep 30, 2021 | 19.77% |
| Jun 30, 2021 | 19.33% |