Hexcel (HXL) Gross Margin (2009 - 2026)
Hexcel's (HXL) quarterly Gross Margin came in at 26.09% in Q2 2026, up 333.0% on a YoY basis from 6.03% in Q2 2025, and down 2.86% quarter-over-quarter from 26.86% in Q1 2026.
Analysis
Hexcel (HXL) Gross Margin (2009 - 2026) Analysis & Trends
Hexcel (HXL) has reported Gross Margin for 18 consecutive years, with 26.09% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 333.0% year-over-year to 26.09%; the trailing twelve-month figure through Jun 2026 stood at 24.96% (up 157.0% YoY), and the FY2025 full-year result was 22.96%, down 173.0% from the prior year.
- Gross Margin declined to 26.09% in Q2 2026 per HXL's latest filing, from 26.86% 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.
- Historically, Gross Margin has averaged 23.92% across 5 years, with a median of 23.2% in 2022.
- The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 570 bps in 2023, then sank 287 bps in 2024.
- Over 5 years, 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 gained by 6 bps to 26.09% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 26.09%, 26.86%, and 24.63% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 143.12 Bn | 140.61 Bn | 1.63 Bn | 36.14% |
| 2 | Ati | 27.12 Bn | 26.34 Bn | 309.80 Mn | 24.57% |
| 3 | Qnity Electronics | 26.42 Bn | 25.46 Bn | 666.00 Mn | 46.61% |
| 4 | International Flavors & Fragrances | 21.37 Bn | 20.80 Bn | 853.00 Mn | 43.65% |
| 5 | DuPont de Nemours | 17.24 Bn | 15.50 Bn | 639.00 Mn | 35.13% |
| 6 | Avery Dennison | 12.90 Bn | 12.67 Bn | 729.40 Mn | 29.62% |
| 7 | Solstice Advanced Materials | 9.79 Bn | 9.04 Bn | 370.00 Mn | 32.23% |
| 8 | Element Solutions | 8.33 Bn | 8.14 Bn | 334.00 Mn | 34.15% |
| 9 | Eastman Chemical | 7.75 Bn | 7.06 Bn | 560.00 Mn | 22.28% |
| 10 | Hexcel | 6.99 Bn | 6.93 Bn | 138.10 Mn | 26.09% |
Historic Data
Download Data
Historic 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% |