Hexcel (HXL) Interest Coverage Ratio (2009 - 2026)
Hexcel's (HXL) Interest Coverage Ratio was 6.05 for Q2 2026, up 83.5% from 3.30 a year earlier and up 23.9% from the prior quarter.
Hexcel (HXL) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Hexcel's Interest Coverage Ratio came in at 5.10, up 26.1% year-over-year; for FY2025, it came in at 4.55, down 23.7% from FY2024.
- By year, Interest Coverage Ratio came in at 5.96 in FY2024 (-5.8%), 6.33 in FY2023 (+30.8%), 4.84 in FY2022 (+257.8%) and 1.35 in FY2021 (+300.9%).
- The Q2 2026 figure ranks as the highest quarterly Interest Coverage Ratio since Q3 2024.
- Year over year, Interest Coverage Ratio gained in three of the last eight quarters, with growth averaging 31.2%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2025 (growth of 381.7%); the low point was Q4 2024 (a decline of 82.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.88 (Q1 2026), 5.29 (Q4 2025) and 3.91 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 235.79 Bn | 217.37 Bn | 4.43 Bn | 41.87 |
| 2 | Corning | 106.66 Bn | 99.23 Bn | 1.63 Bn | 7.43 |
| 3 | Sherwin Williams | 84.26 Bn | 83.30 Bn | 3.34 Bn | 9.08 |
| 4 | Air Products & Chemicals | 68.55 Bn | 63.74 Bn | 1.04 Bn | -42.45 |
| 5 | LyondellBasell Industries | 42.27 Bn | 31.78 Bn | 2.04 Bn | 11.18 |
| 6 | Nutrien | 33.55 Bn | 30.38 Bn | 3.25 Bn | 10.27 |
| 7 | Ppg Industries | 25.18 Bn | 17.84 Bn | 1.81 Bn | 9.32 |
| 8 | International Flavors & Fragrances | 23.86 Bn | 21.52 Bn | 853.00 Mn | 3.43 |
| 9 | Dow | 22.91 Bn | 6.41 Bn | 2.17 Bn | 4.39 |
| 10 | Hexcel | 6.20 Bn | 5.94 Bn | 115.50 Mn | 4.53 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.53 |
| Jun 30, 2026 | 6.05 |
| Mar 31, 2026 | 4.88 |
| Dec 31, 2025 | 5.29 |
| Sep 30, 2025 | 3.91 |
| Jun 30, 2025 | 3.30 |
| Mar 31, 2025 | 5.67 |
| Dec 31, 2024 | 1.10 |
| Sep 30, 2024 | 6.18 |
| Jun 30, 2024 | 8.86 |
| Mar 31, 2024 | 8.14 |
| Dec 31, 2023 | 6.26 |
| Sep 30, 2023 | 5.59 |
| Jun 30, 2023 | 6.66 |
| Mar 31, 2023 | 6.68 |
| Dec 31, 2022 | 4.40 |
| Sep 30, 2022 | 4.53 |
| Jun 30, 2022 | 7.17 |
| Mar 31, 2022 | 3.31 |
| Dec 31, 2021 | 2.50 |
Hexcel Interest Coverage Ratio 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=interest-coverage-ratio&ticker=HXL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=HXL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();