Hexcel (HXL) Tax Rate (2009 - 2026)
Hexcel's Tax Rate was 9.60% in Q3 2026, down 13.53 percentage points from 23.13% a year earlier and down 9.21 percentage points from the prior quarter.
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Analysis
Hexcel (HXL) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hexcel's Tax Rate was 14.00% through Sep 30, 2026, down 5.65 percentage points year-over-year; for FY2025, it was 18.96%, up 4.24 percentage points from FY2024.
- Tax Rate shows a four-year change of -7.86 percentage points (FY2021 to FY2025).
- In earlier years, Tax Rate was 14.72% in FY2024 (+3.69 pp), 11.03% in FY2023 (-10.06 pp), 21.09% in FY2022 (-5.72 pp) and 26.82% in FY2021.
- Quarterly Tax Rate has moved between 8.03% (Q4 2025) and 39.71% (Q2 2025) over five years.
- Compared with a year earlier, Tax Rate has declined for three straight quarters, with an average year-over-year change of -0.96 percentage points over the last six quarters.
- The best year-over-year quarter for Tax Rate over five years was Q2 2025 (a gain of 18.21 percentage points); the worst was Q2 2022 (a drop of 34.96 percentage points).
- Per Business Quant data, HXL's Tax Rate in the three quarters before Q3 2026 was 18.81% (Q2 2026), 18.24% (Q1 2026) and 8.03% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 234.56 Bn | 217.67 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 106.49 Bn | 99.63 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 81.85 Bn | 80.89 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 68.38 Bn | 66.28 Bn | 1.04 Bn | - |
| 5 | LyondellBasell Industries | 42.93 Bn | 32.55 Bn | 2.04 Bn | 29.21% |
| 6 | Nutrien | 33.61 Bn | 30.47 Bn | 3.25 Bn | 21.50% |
| 7 | Ppg Industries | 24.59 Bn | 17.39 Bn | 1.81 Bn | 22.32% |
| 8 | International Flavors & Fragrances | 24.03 Bn | 21.72 Bn | 853.00 Mn | 48.44% |
| 9 | Dow | 23.60 Bn | 9.04 Bn | 1.38 Bn | 18.22% |
| 10 | Hexcel | 6.03 Bn | 5.76 Bn | 115.50 Mn | 9.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.60% |
| Jun 30, 2026 | 18.81% |
| Mar 31, 2026 | 18.24% |
| Dec 31, 2025 | 8.03% |
| Sep 30, 2025 | 23.13% |
| Jun 30, 2025 | 39.71% |
| Mar 31, 2025 | 19.72% |
| Sep 30, 2024 | 9.55% |
| Jun 30, 2024 | 21.51% |
| Mar 31, 2024 | 21.34% |
| Jun 30, 2023 | 22.07% |
| Mar 31, 2023 | 21.91% |
| Dec 31, 2022 | 17.70% |
| Sep 30, 2022 | 21.38% |
| Jun 30, 2022 | 23.01% |
| Mar 31, 2022 | 22.38% |
| Dec 31, 2021 | 33.63% |
| Sep 30, 2021 | 38.35% |
| Jun 30, 2021 | 57.97% |
| Mar 31, 2020 | 21.97% |
API Access
Hexcel Tax Rate 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=tax-rate&ticker=HXL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=HXL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();