Hexcel (HXL) Tax Rate (2009 - 2026)
Hexcel's (HXL) quarterly Tax Rate came in at 18.81% in Q2 2026, down 2090.0% on a YoY basis from 0.95% in Q2 2025, and up 3.13% quarter-over-quarter from 18.24% in Q1 2026.
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Hexcel (HXL) Tax Rate (2009 - 2026) Analysis & Trends
Hexcel (HXL) has reported Tax Rate for 18 consecutive years, with 18.81% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 2090.0% year-over-year to 18.81%; the trailing twelve-month figure through Jun 2026 stood at 17.84% (down 1293.0% YoY), and the FY2025 full-year result was 20.96%, down 454.0% from the prior year.
- Tax Rate advanced to 18.81% in Q2 2026 per HXL's latest filing, from 18.24% in the prior quarter.
- Across five years, Tax Rate topped out at 1462.5% in Q4 2024 and bottomed at 174.22% in Q4 2023.
- Historically, Tax Rate has averaged 89.31% across 5 years, with a median of 21.45% in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 163672 bps in 2024, then tumbled 144905 bps in 2025.
- Over 5 years, Tax Rate stood at 25.12% in 2022, then tumbled by 794 bps to 174.22% in 2023, then surged by 939 bps to 1462.5% in 2024, then sank by 99 bps to 13.45% in 2025, then soared by 40 bps to 18.81% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 18.81%, 18.24%, and 13.45% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 143.12 Bn | 140.61 Bn | 1.63 Bn | 6.16% |
| 2 | Ati | 27.12 Bn | 26.34 Bn | 309.80 Mn | 20.01% |
| 3 | Qnity Electronics | 26.42 Bn | 25.46 Bn | 666.00 Mn | 31.66% |
| 4 | International Flavors & Fragrances | 21.37 Bn | 20.80 Bn | 853.00 Mn | 48.44% |
| 5 | DuPont de Nemours | 17.24 Bn | 15.50 Bn | 639.00 Mn | 28.20% |
| 6 | Avery Dennison | 12.90 Bn | 12.67 Bn | 729.40 Mn | 27.80% |
| 7 | Solstice Advanced Materials | 9.79 Bn | 9.04 Bn | 370.00 Mn | 23.86% |
| 8 | Element Solutions | 8.33 Bn | 8.14 Bn | 334.00 Mn | 27.82% |
| 9 | Eastman Chemical | 7.75 Bn | 7.06 Bn | 560.00 Mn | 23.15% |
| 10 | Hexcel | 6.99 Bn | 6.93 Bn | 138.10 Mn | 18.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.81% |
| Mar 31, 2026 | 18.24% |
| Dec 31, 2025 | 13.45% |
| Sep 30, 2025 | 23.13% |
| Jun 30, 2025 | 39.71% |
| Mar 31, 2025 | 19.72% |
| Dec 31, 2024 | 1,462.50% |
| Sep 30, 2024 | 9.55% |
| Jun 30, 2024 | 21.51% |
| Mar 31, 2024 | 21.34% |
| Dec 31, 2023 | -174.22% |
| Sep 30, 2023 | -1.96% |
| Jun 30, 2023 | 22.07% |
| Mar 31, 2023 | 21.91% |
| Dec 31, 2022 | 25.12% |
| Sep 30, 2022 | 21.38% |
| Jun 30, 2022 | 23.01% |
| Mar 31, 2022 | 22.38% |
| Dec 31, 2021 | 45.29% |
| Sep 30, 2021 | 38.35% |