Hexcel (HXL) Tax Rate (2009 - 2026)
Hexcel (HXL) posted Tax Rate of 18.24% for Q1 2026, up 142.3% on a QoQ basis from 43.13% in Q4 2025, and down 148.0% year-over-year from 38.0% in Q1 2025.
Hexcel (HXL) Tax Rate (2009 - 2026) Analysis & Trends
Hexcel's Tax Rate history runs 18 years deep, the most recent figure standing at 18.24% for Q1 2026.
- Quarterly Tax Rate fell 148.0% year-over-year to 18.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.71% (down 7688.0% YoY) and the FY2025 annual result came in at 0.89%, down 6829.0% from the prior year.
- Tax Rate was 18.24% for Q1 2026 at Hexcel, up from 43.13% in the prior quarter.
- Across five years, Tax Rate topped out at 39.71% in Q2 2025 and bottomed at 59.09% in Q4 2022.
- A 5-year average of 10.63% and a median of 21.38% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 6591 bps — and 2023, when it surged 9200 bps.
- Hexcel's Tax Rate stood at 59.09% in 2022, then surged by 156 bps to 32.91% in 2023, then slumped by 137 bps to 12.06% in 2024, then slumped by 258 bps to 43.13% in 2025, then jumped by 142 bps to 18.24% in 2026.
- Business Quant data shows HXL's Tax Rate at 18.24% in Q1 2026, 43.13% in Q4 2025, and 23.13% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 370.79 Bn | 361.44 Bn | -3.10 Bn | 14.53% |
| 2 | Rtx | 287.17 Bn | 278.86 Bn | 9.91 Bn | 17.98% |
| 3 | Boeing | 168.70 Bn | 148.68 Bn | 2.41 Bn | -17.26% |
| 4 | Lockheed Martin | 131.80 Bn | 128.01 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 112.14 Bn | 109.71 Bn | 854.00 Mn | 18.08% |
| 6 | General Dynamics | 101.91 Bn | 97.58 Bn | 6.76 Bn | 17.56% |
| 7 | Northrop Grumman | 75.39 Bn | 73.08 Bn | 3.72 Bn | 6.34% |
| 8 | TransDigm | 72.38 Bn | 68.50 Bn | 1.51 Bn | 23.43% |
| 9 | L3Harris Technologies | 50.57 Bn | 49.98 Bn | 1.40 Bn | 13.07% |
| 10 | Hexcel | 7.74 Bn | 7.68 Bn | 138.10 Mn | 18.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.24% |
| Mar 31, 2026 | 18.24% |
| Mar 31, 2026 | 18.24% |
| Dec 31, 2025 | -43.13% |
| Dec 31, 2025 | -43.13% |
| Dec 31, 2025 | -43.13% |
| Sep 30, 2025 | 23.13% |
| Sep 30, 2025 | 23.13% |
| Sep 30, 2025 | 23.13% |
| Jun 30, 2025 | 39.71% |
| Jun 30, 2025 | 39.71% |
| Jun 30, 2025 | 39.71% |
| Mar 31, 2025 | 19.72% |
| Mar 31, 2025 | 19.72% |
| Mar 31, 2025 | 19.72% |
| Dec 31, 2024 | -12.06% |
| Dec 31, 2024 | -12.06% |
| Dec 31, 2024 | -12.06% |
| Sep 30, 2024 | 9.55% |
| Sep 30, 2024 | 9.55% |