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Avient vs Hexcel: AVNT and HXL compared
Avient is the larger company: $891M of revenue in its latest quarter (Q3 2026) against $496M for Hexcel (Q3 2026). Avient is growing faster (+10% against +9% a year earlier). Hexcel is more profitable, with an operating margin of 11.0% against 9.3%.
Where the money goes: AVNT and HXL
Avient (AVNT) · Q3 2026
Avient, Q3 2026: revenue $891M (+10% year over year), operating margin 9.3%, net earnings $43.5M, operating cash flow $121M. The chart follows the revenue to costs, profit and cash.
Hexcel (HXL) · Q3 2026
Hexcel, Q3 2026: revenue $496M (+9% year over year), operating margin 11.0%, net earnings $38.6M, operating cash flow $74.4M. The chart follows the revenue to costs, profit and cash.
| Avient (AVNT) | Hexcel (HXL) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $891M | $496M |
| Revenue growth, Y/Y | +10% | +9% |
| Gross margin | 30.5% | 23.3% |
| Operating margin | 9.3% | 11.0% |
| Net earnings | $43.5M | $38.6M |
| Net margin | 4.9% | 7.8% |
| Operating cash flow | $121M | $74.4M |
| Free cash flow | $95.6M | $50.7M |
| Market value | $4.2B | $6.2B |
| P/E | 23.3× | 36.0× |
| Analysts’ mean target | $52.25 | $98.87 |
Where the revenue comes from
Avient
- Color, Additives and Inks: $551M (62%)
- Specialty Engineered Materials: $340M (38%)
Hexcel
- Commercial Aerospace Market Applications: $330M (67%)
- Space and Defense Market Applications: $166M (33%)
Questions
Which is bigger, Avient or Hexcel?
Avient is the larger company: $891M of revenue in its latest quarter (Q3 2026) against $496M for Hexcel (Q3 2026).
Is Avient or Hexcel growing faster?
Avient is growing faster (+10% against +9% a year earlier).
Which is more profitable, Avient or Hexcel?
Hexcel is more profitable, with an operating margin of 11.0% against 9.3%.
More: Avient earnings · how Avient makes money · Hexcel earnings · how Hexcel makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Oct 21, 2026). Fiscal quarters can end on different dates. Not investment advice.