Hexcel (HXL) Gross Margin (2009 - 2026)
Hexcel (HXL) posted Gross Margin of 26.86% for Q1 2026, up 9.06% quarter-over-quarter from 24.63% in Q4 2025, and up 443.0% year-on-year from 4.95% in Q1 2025.
Hexcel (HXL) Gross Margin (2009 - 2026) Analysis & Trends
Hexcel (HXL) has reported Gross Margin for 18 consecutive years, with 26.86% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 26.86%, up 443.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.09% (up 3.0% YoY), and the FY2025 annual result was 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.
- Over five years, Gross Margin peaked at 27.9% in Q1 2023 and troughed at 21.84% in Q3 2023.
- Average Gross Margin over 5 years is 23.79%, with a median of 23.08% recorded in 2022.
- Year-over-year, Gross Margin surged 570 bps in 2023 and slumped 287 bps in 2024.
- Over 5 years, Gross Margin stood at 23.08% in 2022, then dropped by 2 bps to 22.54% in 2023, then rose by 11 bps to 25.01% in 2024, then dropped by 2 bps to 24.63% in 2025, then grew by 9 bps to 26.86% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 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 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 11.46% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 41.11% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 67.40% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 11.53% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 36.92% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 59.39% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 34.90% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 38.18% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 24.41% |
| 10 | Hexcel | 7.44 Bn | 7.39 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% |