Hexcel (HXL) Operating Margin (2009 - 2026)
Hexcel's Operating Margin came in at 11.04% for Q3 2026, up 3.15 percentage points from 7.89% a year earlier but down 2.68 percentage points from the prior quarter.
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Analysis
Hexcel (HXL) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Hexcel reported Operating Margin of 12.21%, up 5.86 percentage points year-over-year; for FY2025, it was 9.06%, down 0.72 percentage points from FY2024.
- Operating Margin carries a five-year change of +8.12 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 9.78% in FY2024 (-2.26 pp), 12.03% in FY2023 (+0.93 pp), 11.10% in FY2022 (+7.19 pp) and 3.91% in FY2021 (+2.97 pp).
- The five-year range for quarterly Operating Margin is 1.88% (Q4 2024) to 16.23% (Q2 2022).
- Year-over-year, Operating Margin has increased for four consecutive quarters, with an average year-over-year change of +0.16 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2021 (a gain of 13.28 percentage points), and the weakest in Q4 2024 (a drop of 8.53 percentage points).
- Business Quant data shows HXL's Operating Margin at 13.72% (Q2 2026), 11.49% (Q1 2026) and 12.50% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 236.19 Bn | 217.76 Bn | 4.43 Bn | 27.49% |
| 2 | Corning | 107.18 Bn | 99.74 Bn | 1.63 Bn | 15.49% |
| 3 | Sherwin Williams | 82.75 Bn | 81.79 Bn | 3.34 Bn | 18.18% |
| 4 | Air Products & Chemicals | 68.77 Bn | 63.96 Bn | 1.04 Bn | -66.34% |
| 5 | LyondellBasell Industries | 43.15 Bn | 32.65 Bn | 2.04 Bn | 16.81% |
| 6 | Nutrien | 33.94 Bn | 30.77 Bn | 3.25 Bn | 16.44% |
| 7 | Ppg Industries | 24.82 Bn | 17.47 Bn | 1.81 Bn | 14.73% |
| 8 | International Flavors & Fragrances | 24.09 Bn | 21.75 Bn | 853.00 Mn | 8.09% |
| 9 | Dow | 23.73 Bn | 7.22 Bn | 2.17 Bn | 7.62% |
| 10 | Hexcel | 6.02 Bn | 5.75 Bn | 115.50 Mn | 11.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.04% |
| 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% |
API Access
Hexcel Operating Margin 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=operating-margin&ticker=HXL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=HXL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();