Hexcel (HXL) Gross Margin (2009 - 2026)
Hexcel's (HXL) quarterly Gross Margin came in at 26.09% in Q2 2026, up 333.0% YoY from 6.03% in Q2 2025, and down 2.86% on a QoQ basis from 26.86% in Q1 2026.
Hexcel (HXL) Gross Margin (2009 - 2026) Analysis & Trends
Hexcel (HXL) has 18 years of Gross Margin data on file, last reported at 26.09% in Q2 2026.
- Quarterly Gross Margin rose 333.0% year-over-year to 26.09% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 24.96% (up 157.0% YoY) and the FY2025 annual result came in at 22.96%, down 173.0% from the prior year.
- Gross Margin retreated to 26.09% in Q2 2026, from 26.86% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 27.9% in Q1 2023 to a low of 21.84% in Q3 2023.
- A 5-year average of 23.92% and a median of 23.2% 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 plunged 287 bps.
- Tracing HXL's Gross Margin over 5 years: stood at 23.08% in 2022, then retreated by 2 bps to 22.54% in 2023, then climbed by 11 bps to 25.01% in 2024, then retreated by 2 bps to 24.63% in 2025, then increased by 6 bps to 26.09% in 2026.
- The last three Gross Margin figures came in at 26.09% (Q2 2026), 26.86% (Q1 2026), and 24.63% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 52.07% |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 59.39% |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 60.42% |
| 10 | Hexcel | 7.12 Bn | 7.05 Bn | 138.10 Mn | 26.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 19.77% |