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
DateValue
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%