Hexcel (HXL) Tax Rate (2009 - 2026)
Hexcel (HXL) reported Tax Rate of 18.24% for Q1 2026, down 148.0% on a YoY basis from 38.0% in Q1 2025, and up 526.4% quarter-over-quarter from 4.28% in Q4 2025.
Hexcel (HXL) Tax Rate (2009 - 2026) Analysis & Trends
Hexcel has reported Tax Rate for 18 years, with the latest figure at 18.24% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 148.0% year-over-year to 18.24%; the trailing twelve-month figure through Mar 2026 stood at 8933.33% (down 895873.0% YoY), and the FY2025 full-year result was 23.53%, down 197.0% from the prior year.
- Tax Rate for Q1 2026 stood at 18.24%, up from 4.28% in the prior quarter.
- The five-year high for Tax Rate was 1462.5% in Q4 2024, with the low at 13.93% in Q4 2023.
- Historically, Tax Rate has averaged 101.41% across 5 years, with a median of 21.38% in 2022.
- Annual changes were most pronounced in 2024 — Tax Rate surged 147643 bps — and 2025, when it sank 146678 bps.
- Hexcel's Tax Rate stood at 17.7% in 2022, then slumped by 179 bps to 13.93% in 2023, then jumped by 10600 bps to 1462.5% in 2024, then slumped by 100 bps to 4.28% in 2025, then jumped by 526 bps to 18.24% in 2026.
- The last three Tax Rate figures came in at 18.24% (Q1 2026), 4.28% (Q4 2025), and 23.13% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | - |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 11.46% |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 14.40% |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 126.92% |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 16.12% |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 18.08% |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 17.82% |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 15.05% |
| 10 | Hexcel | 7.48 Bn | 7.43 Bn | 134.70 Mn | 18.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.24% |
| Mar 31, 2026 | 18.24% |
| Dec 31, 2025 | -4.28% |
| Dec 31, 2025 | -4.28% |
| Sep 30, 2025 | 23.13% |
| Sep 30, 2025 | 23.13% |
| Jun 30, 2025 | 39.71% |
| Jun 30, 2025 | 39.71% |
| Mar 31, 2025 | 19.72% |
| Mar 31, 2025 | 19.72% |
| Dec 31, 2024 | 1,462.50% |
| Dec 31, 2024 | 1,462.50% |
| Sep 30, 2024 | 9.55% |
| Sep 30, 2024 | 9.55% |
| Jun 30, 2024 | 21.51% |
| Jun 30, 2024 | 21.51% |
| Mar 31, 2024 | 21.34% |
| Mar 31, 2024 | 21.34% |
| Dec 31, 2023 | -13.93% |
| Dec 31, 2023 | -13.93% |