Hexcel (HXL) Operating Margin (2009 - 2026)
Hexcel (HXL) posted Operating Margin of 11.49% for Q1 2026, down 8.1% on a QoQ basis from 12.5% in Q4 2025, and up 180.0% year-over-year from 4.1% in Q1 2025.
Hexcel (HXL) Operating Margin (2009 - 2026) Analysis & Trends
Hexcel's Operating Margin history runs 18 years deep, the most recent figure standing at 11.49% for Q1 2026.
- Quarterly Operating Margin rose 180.0% year-over-year to 11.49% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.54% (up 14.0% YoY) and the FY2025 annual result came in at 9.06%, down 72.0% from the prior year.
- Operating Margin was 11.49% for Q1 2026 at Hexcel, down from 12.5% in the prior quarter.
- Across five years, Operating Margin topped out at 16.23% in Q2 2022 and bottomed at 1.88% in Q4 2024.
- A 5-year average of 10.54% and a median of 11.19% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin jumped 1118 bps — and 2024, when it sank 853 bps.
- Hexcel's Operating Margin stood at 9.43% in 2022, then grew by 10 bps to 10.4% in 2023, then plunged by 82 bps to 1.88% in 2024, then surged by 565 bps to 12.5% in 2025, then fell by 8 bps to 11.49% in 2026.
- Business Quant data shows HXL's Operating Margin at 11.49% in Q1 2026, 12.5% in Q4 2025, and 7.89% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 376.44 Bn | 367.10 Bn | -3.10 Bn | -1,952.73% |
| 2 | Rtx | 291.22 Bn | 282.92 Bn | 9.91 Bn | 11.38% |
| 3 | Boeing | 171.30 Bn | 151.28 Bn | 2.41 Bn | 0.64% |
| 4 | Lockheed Martin | 134.41 Bn | 130.62 Bn | 2.45 Bn | 12.36% |
| 5 | Howmet Aerospace | 114.04 Bn | 111.60 Bn | 854.00 Mn | 32.56% |
| 6 | General Dynamics | 103.81 Bn | 99.47 Bn | 6.76 Bn | 10.36% |
| 7 | Northrop Grumman | 77.35 Bn | 75.04 Bn | 3.72 Bn | 10.08% |
| 8 | TransDigm | 73.49 Bn | 69.60 Bn | 1.51 Bn | 46.31% |
| 9 | L3Harris Technologies | 52.09 Bn | 51.50 Bn | 1.40 Bn | 11.35% |
| 10 | Hexcel | 7.88 Bn | 7.82 Bn | 138.10 Mn | 13.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.49% |
| Dec 31, 2025 | 12.50% |
| Sep 30, 2025 | 7.89% |
| Jun 30, 2025 | 6.12% |
| Mar 31, 2025 | 9.68% |
| Dec 31, 2024 | 1.88% |
| Sep 30, 2024 | 11.50% |
| Jun 30, 2024 | 14.35% |
| Mar 31, 2024 | 11.20% |
| Dec 31, 2023 | 10.40% |
| Sep 30, 2023 | 10.39% |
| Jun 30, 2023 | 13.49% |
| Mar 31, 2023 | 13.72% |
| Dec 31, 2022 | 9.43% |
| Sep 30, 2022 | 11.19% |
| Jun 30, 2022 | 16.23% |
| Mar 31, 2022 | 7.71% |
| Dec 31, 2021 | 6.38% |
| Sep 30, 2021 | 6.83% |
| Jun 30, 2021 | 5.06% |