Hexcel (HXL) Gross Margin (2009 - 2026)
Hexcel (HXL) reported Gross Margin of 26.86% for Q1 2026, up 443.0% on a YoY basis from 4.95% in Q1 2025, and up 9.06% quarter-over-quarter from 24.63% in Q4 2025.
Hexcel (HXL) Gross Margin (2009 - 2026) Analysis & Trends
Hexcel has reported Gross Margin for 18 years, with the latest figure at 26.86% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 443.0% year-over-year to 26.86%; the trailing twelve-month figure through Mar 2026 stood at 24.09% (up 3.0% YoY), and the FY2025 full-year result was 22.96%, down 173.0% from the prior year.
- Gross Margin for Q1 2026 stood at 26.86%, up from 24.63% in the prior quarter.
- The five-year high for Gross Margin was 27.9% in Q1 2023, with the low at 21.84% in Q3 2023.
- Historically, Gross Margin has averaged 23.79% across 5 years, with a median of 23.08% in 2022.
- Annual changes were most pronounced in 2023 — Gross Margin soared 570 bps — and 2024, when it plunged 287 bps.
- Hexcel's Gross Margin 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 gained by 9 bps to 26.86% in 2026.
- The last three Gross Margin figures came in at 26.86% (Q1 2026), 24.63% (Q4 2025), and 21.9% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 29.53% |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 73.52% |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 41.11% |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 11.46% |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 11.53% |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 36.92% |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 67.40% |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 34.90% |
| 10 | Hexcel | 7.48 Bn | 7.43 Bn | 134.70 Mn | 26.86% |
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% |