Hexcel (HXL) Tax Rate (2009 - 2026)
Hexcel's Tax Rate was 18.81% in Q2 2026, down 20.90 percentage points from 39.71% a year earlier but up 0.57 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 16.37% through Jun 30, 2026, up 2.01 percentage points year-over-year; for FY2025, it was 18.96%, up 4.24 percentage points from FY2024.
- Tax Rate shows a five-year change of -201.25 percentage points (FY2020 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 (-193.40 pp).
- Quarterly Tax Rate has moved between -625.00% (Q4 2024) and 39.71% (Q2 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in four of the last eight quarters, with an average year-over-year change of -0.70 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2025 (a gain of 633.03 percentage points); the worst was Q4 2024 (a drop of 657.91 percentage points).
- Per Business Quant data, HXL's Tax Rate in the three quarters before Q2 2026 was 18.24% (Q1 2026), 8.03% (Q4 2025) and 23.13% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 221.03 Bn | 204.14 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 141.47 Bn | 134.60 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 77.59 Bn | 76.63 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 61.84 Bn | 59.74 Bn | 1.04 Bn | - |
| 5 | LyondellBasell Industries | 37.84 Bn | 27.46 Bn | 2.04 Bn | 29.21% |
| 6 | Nutrien | 33.77 Bn | 30.64 Bn | 3.25 Bn | 21.50% |
| 7 | Qnity Electronics | 27.51 Bn | 24.93 Bn | 666.00 Mn | 31.66% |
| 8 | Ati | 26.21 Bn | 24.36 Bn | 309.80 Mn | 20.01% |
| 9 | Ppg Industries | 23.37 Bn | 16.17 Bn | 1.81 Bn | 22.32% |
| 10 | Hexcel | 6.53 Bn | 6.26 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 | 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% |
| Dec 31, 2019 | 16.59% |
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();