Hexcel (HXL) Gross Margin (2009 - 2026)
Hexcel (HXL) reported Gross Margin of 23.27% for Q3 2026, up 1.37 percentage points from 21.90% a year earlier but down 2.82 percentage points from the prior quarter.
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Analysis
Hexcel (HXL) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Hexcel's Gross Margin came in at 25.23%, up 2.19 percentage points year-over-year; for FY2025, it came in at 22.96%, down 1.73 percentage points from FY2024.
- Gross Margin has a five-year change of +7.00 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 24.69% in FY2024 (+0.47 pp), 24.21% in FY2023 (+1.58 pp), 22.63% in FY2022 (+3.75 pp) and 18.88% in FY2021 (+2.93 pp).
- Five-year quarterly Gross Margin spans a low of 19.18% in Q4 2021 and a high of 27.90% in Q1 2023.
- Year over year, Gross Margin has now increased in each of the last three quarters, with an average year-over-year change of +0.58 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q4 2021 (a gain of 8.90 percentage points); the low point was Q1 2024 (a drop of 2.87 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 26.09% (Q2 2026), 26.86% (Q1 2026) and 24.63% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 235.23 Bn | 216.81 Bn | 4.43 Bn | 47.67% |
| 2 | Corning | 106.66 Bn | 99.22 Bn | 1.63 Bn | 36.14% |
| 3 | Sherwin Williams | 82.20 Bn | 81.24 Bn | 3.34 Bn | 49.17% |
| 4 | Air Products & Chemicals | 68.45 Bn | 63.64 Bn | 1.04 Bn | 32.77% |
| 5 | LyondellBasell Industries | 42.89 Bn | 32.40 Bn | 2.04 Bn | 22.21% |
| 6 | Nutrien | 33.91 Bn | 30.74 Bn | 3.25 Bn | 30.07% |
| 7 | Ppg Industries | 24.62 Bn | 17.28 Bn | 1.81 Bn | 40.22% |
| 8 | International Flavors & Fragrances | 23.96 Bn | 21.62 Bn | 853.00 Mn | 43.65% |
| 9 | Dow | 23.51 Bn | 7.01 Bn | 2.17 Bn | 17.92% |
| 10 | Hexcel | 6.02 Bn | 5.75 Bn | 115.50 Mn | 23.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.27% |
| Jun 30, 2026 | 26.09% |
| 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% |
API Access
Hexcel Gross Margin 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=gross-margin&ticker=HXL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=HXL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();