Hexcel Corporation

HXL Industrials Aerospace & Defense

Hexcel Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, roughly unchanged from fiscal 2024.

Revenue
+8.81%
EPS
+96.2%
Free cash flow
−47.5%
Total debt
+23.5%

Quarter to September 2026, against a year earlier

83.06 1.23 +1.50%
Market cap
$6.2B
P/E
36.5×
Fwd P/E
34.2×
Dividend yield
0.88%
F-score
6/9
Altman Z
4.71
Beneish M
−2.54
Dividend safety
67/100

Hexcel Corporation (HXL) Gross margin

Alert me on Gross margin

Hexcel Corporation's gross margin over the twelve months to 30 September 2026 was 25.2%, up 2.3 percentage points from fiscal 2025 (23.0%). Over the past ten years it has ranged from 16.0% (fiscal 2020) to 28.6% (fiscal 2015); the current reading is higher than 36% of that period. That is in line with the Aerospace & Defense industry median of 26.0% and below the Industrials sector median of 30.7%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 23.0% (1.73)
FY2024 24.7% 0.48
FY2023 24.2% 1.58
FY2022 22.6% 3.75
FY2021 18.9% 2.93
FY2020 16.0% (11.24)
FY2019 27.2% 0.66
FY2018 26.5% (1.43)
FY2017 28.0% (0.21)
FY2016 28.2% (0.46)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 23.3% (2.82)
Jun 2026 26.1% (0.77)
Mar 2026 26.9% 2.23
Dec 2025 24.6% 2.73
43 more quarters

Against its own ten years

Low 16.0% High 28.6%
Ten-year median 24.7%
Current reading's percentile 60

Gross margin against peers

Company Gross margin
BETA BETA Technologies, Inc. compare 62.5%
PL Planet Labs PBC compare 55.4%
LOAR Loar Holdings Inc. compare 52.2%
KRMN Karman Holdings Inc. compare 41.7%
MRCY Mercury Systems Inc compare 28.6%
AVAV AeroVironment, Inc. compare 26.5%
HXL Hexcel Corporation 25.2%
KTOS Kratos Defense & Security Solutions, Inc. compare 23.0%
SARO StandardAero, Inc. compare 15.1%
Aerospace & Defense industry median 26.0%
Industrials sector median 30.7%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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