Hexcel (HXL) Tax Provisions (2009 - 2026)
Hexcel (HXL) posted Tax Provisions of $8.3 million for Q1 2026, up 140.69% on a QoQ basis from -$20.4 million in Q4 2025, and up 16.9% year-over-year from $7.1 million in Q1 2025.
Hexcel (HXL) Tax Provisions (2009 - 2026) Analysis & Trends
Hexcel's Tax Provisions history runs 18 years deep, the most recent figure standing at $8.3 million for Q1 2026.
- Quarterly Tax Provisions rose 16.9% year-over-year to $8.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.4 million (down 93.46% YoY) and the FY2025 annual result came in at $1.2 million, down 96.96% from the prior year.
- Tax Provisions was $8.3 million for Q1 2026 at Hexcel, up from -$20.4 million in the prior quarter.
- Across five years, Tax Provisions topped out at $13.7 million in Q2 2024 and bottomed at -$24.7 million in Q4 2022.
- A 5-year average of $3.6 million and a median of $7.1 million in 2025 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions sank 1746.67% — and 2024, when it jumped 700.0%.
- Hexcel's Tax Provisions stood at -$24.7 million in 2022, then soared by 57.89% to -$10.4 million in 2023, then surged by 212.5% to $11.7 million in 2024, then slumped by 274.36% to -$20.4 million in 2025, then soared by 140.69% to $8.3 million in 2026.
- Business Quant data shows HXL's Tax Provisions at $8.3 million in Q1 2026, -$20.4 million in Q4 2025, and $6.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 374.09 Bn | 364.74 Bn | -3.10 Bn | 407.00 Mn |
| 2 | Rtx | 289.96 Bn | 281.66 Bn | 9.91 Bn | 493.00 Mn |
| 3 | Boeing | 169.08 Bn | 149.06 Bn | 2.41 Bn | 63.00 Mn |
| 4 | Lockheed Martin | 133.21 Bn | 129.42 Bn | 2.45 Bn | 342.00 Mn |
| 5 | Howmet Aerospace | 113.28 Bn | 110.84 Bn | 854.00 Mn | 128.00 Mn |
| 6 | General Dynamics | 103.37 Bn | 99.03 Bn | 6.76 Bn | 247.00 Mn |
| 7 | Northrop Grumman | 76.55 Bn | 74.24 Bn | 3.72 Bn | 74.00 Mn |
| 8 | TransDigm | 73.02 Bn | 69.13 Bn | 1.51 Bn | 164.00 Mn |
| 9 | L3Harris Technologies | 51.85 Bn | 51.26 Bn | 1.40 Bn | 77.00 Mn |
| 10 | Hexcel | 7.81 Bn | 7.75 Bn | 138.10 Mn | 11.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.30 Mn |
| Dec 31, 2025 | -20.40 Mn |
| Sep 30, 2025 | 6.20 Mn |
| Jun 30, 2025 | 8.30 Mn |
| Mar 31, 2025 | 7.10 Mn |
| Dec 31, 2024 | 11.70 Mn |
| Sep 30, 2024 | 4.20 Mn |
| Jun 30, 2024 | 13.70 Mn |
| Mar 31, 2024 | 9.90 Mn |
| Dec 31, 2023 | -10.40 Mn |
| Sep 30, 2023 | -700,000.00 |
| Jun 30, 2023 | 11.50 Mn |
| Mar 31, 2023 | 11.70 Mn |
| Dec 31, 2022 | -24.70 Mn |
| Sep 30, 2022 | 6.80 Mn |
| Jun 30, 2022 | 12.70 Mn |
| Mar 31, 2022 | 4.70 Mn |
| Dec 31, 2021 | 1.50 Mn |
| Sep 30, 2021 | 5.10 Mn |
| Jun 30, 2021 | 4.00 Mn |