Hexcel (HXL) Operating Margin (2009 - 2026)
Hexcel's (HXL) quarterly Operating Margin came in at 13.72% in Q2 2026, up 759.0% on a YoY basis from 1.6% in Q2 2025, and up 19.42% quarter-over-quarter from 11.49% in Q1 2026.
Analysis
Hexcel (HXL) Operating Margin (2009 - 2026) Analysis & Trends
Hexcel (HXL) has reported Operating Margin for 18 consecutive years, with 13.72% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 759.0% year-over-year to 13.72%; the trailing twelve-month figure through Jun 2026 stood at 11.5% (up 428.0% YoY), and the FY2025 full-year result was 9.06%, down 72.0% from the prior year.
- Operating Margin grew to 13.72% in Q2 2026 per HXL's latest filing, from 11.49% 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.
- Historically, Operating Margin has averaged 10.72% across 5 years, with a median of 11.19% in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Margin surged 1118 bps in 2022, then tumbled 853 bps in 2024.
- Over 5 years, 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 climbed by 10 bps to 13.72% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 13.72%, 11.49%, and 12.5% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 143.12 Bn | 140.61 Bn | 1.63 Bn | 15.49% |
| 2 | Ati | 27.12 Bn | 26.34 Bn | 309.80 Mn | 17.45% |
| 3 | Qnity Electronics | 26.42 Bn | 25.46 Bn | 666.00 Mn | 25.75% |
| 4 | International Flavors & Fragrances | 21.37 Bn | 20.80 Bn | 853.00 Mn | 8.09% |
| 5 | DuPont de Nemours | 17.24 Bn | 15.50 Bn | 639.00 Mn | 18.03% |
| 6 | Avery Dennison | 12.90 Bn | 12.67 Bn | 729.40 Mn | 13.59% |
| 7 | Solstice Advanced Materials | 9.79 Bn | 9.04 Bn | 370.00 Mn | 19.34% |
| 8 | Element Solutions | 8.33 Bn | 8.14 Bn | 334.00 Mn | 11.63% |
| 9 | Eastman Chemical | 7.75 Bn | 7.06 Bn | 560.00 Mn | 12.30% |
| 10 | Hexcel | 6.99 Bn | 6.93 Bn | 138.10 Mn | 13.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.72% |
| 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% |