HXL Hexcel margins

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 67
Gross margin
25.2%
Operating margin
12.2%
EBITDA margin
18.2%
Net margin
8.5%

For the latest period, Hexcel has a gross margin of 25.2%, an operating margin of 12.2%, an EBITDA margin of 18.2%, and a net margin of 8.5%. All measured margins increased year over year, led by operating margin with an increase of 5.9 percentage points.

HXL margin history

Gross, operating, EBITDA and net margin trends

Hexcel's margins averaged 24.01% gross, 10.17% operating, 15.52% EBITDA, and 6.08% net over the last 3 years. Compared with their three-year averages, all four current margins are higher.

HXL margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 2.2 percentage points, operating margin by 5.9 percentage points, EBITDA margin by 5.3 percentage points, and net margin by 4.8 percentage points, led by operating margin with an increase of 5.9 percentage points.

Gross margin expansion
2.2pp
Operating margin expansion
5.9pp
EBITDA margin expansion
5.3pp
Net margin expansion
4.8pp

HXL Gross margin

Over the last 3 years, the average gross margin for Hexcel was 24.01%. The current gross margin of 25.2% is 1.2 percentage points above its three-year average. Hexcel's gross margin ranged from a low of 23% in Sep 2025 to a high of 25.2% in Sep 2026.

HXL Operating margin

Over the last 3 years, Hexcel had an average operating margin of 10.17%. Against its three-year average, Hexcel's operating margin is currently 12.2%, 2 percentage points above its three-year average. Looking back over the last 3 years, Hexcel's operating margin reached 12.2% at its highest point in Sep 2026 and 6.3% at its lowest in Sep 2025.

HXL EBITDA margin

The average EBITDA margin for Hexcel was 15.52% in the last 3 years. Currently, the current EBITDA margin for Hexcel is 18.2%, 2.7 percentage points above its three-year average. The EBITDA margin for Hexcel moved between 12.9% in Sep 2025 and 18.2% in Sep 2026.

HXL Net margin

Across the last 3 years, Hexcel recorded an average net margin of 6.08%. Hexcel's current net margin is 8.5% and is 2.4 percentage points above its three-year average. The highest net margin for Hexcel was 8.5% in Sep 2026, while the lowest was 3.7% in Sep 2025.

HXL margin group comparison

Margins compared with peer-group, industry and sector averages

Hexcel's gross margin of 25.2% is below the Industrials sector and the industry average. Looking at its Industrials sector average of 32.5%, Hexcel's gross margin is 22% lower.

HXL margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Hexcel's gross margin?

For the period ending Sep 30, 2026, HXL recorded a gross margin of 25.2%.

What is Hexcel's operating margin?

The current operating margin for HXL is 12.2% as of Sep 30, 2026.

What is Hexcel's EBITDA margin?

For the period ending Sep 30, 2026, HXL recorded an EBITDA margin of 18.2%.

What is Hexcel's net margin?

As of Sep 30, 2026, HXL has a net margin of 8.5%.

What are the average margins of HXL?

Hexcel's gross, operating, EBITDA, and net margins averaged 24.0% gross, 10.2% operating, 15.5% EBITDA, and 6.1% net over the last 3 years.

What are the highest historical margins of HXL?

Over the last 5 years, Hexcel's highest margins were 25.2% gross in Sep 2026, 12.6% operating in Mar 2023, 21.3% EBITDA in Mar 2023, and 9.2% net in Mar 2023.

What are the lowest historical margins of HXL?

In the last 5 years, the lowest margins reported by HXL were 18.9% gross in Dec 2021, 3.9% operating in Dec 2021, 12.9% EBITDA in Sep 2025, and 1.2% net in Dec 2021.