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Hexcel vs AdvanSix: HXL and ASIX compared
Hexcel is the larger company: $496M of revenue in its latest quarter (Q3 2026) against $431M for AdvanSix (Q3 2026). AdvanSix is growing faster (+15% against +9% a year earlier). Hexcel is more profitable, with an operating margin of 11.0% against -2.6%.
Where the money goes: HXL and ASIX
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.
AdvanSix (ASIX) · Q3 2026
AdvanSix, Q3 2026: revenue $431M (+15% year over year), operating margin -2.6%, net loss $7.6M, operating cash flow $48.0M. The chart follows the revenue to costs, profit and cash.
| Hexcel (HXL) | AdvanSix (ASIX) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $496M | $431M |
| Revenue growth, Y/Y | +9% | +15% |
| Gross margin | 23.3% | — |
| Operating margin | 11.0% | -2.6% |
| Net earnings | $38.6M | −$7.6M |
| Net margin | 7.8% | -1.8% |
| Operating cash flow | $74.4M | $48.0M |
| Free cash flow | $50.7M | $29.7M |
| Market value | $6.2B | $455M |
| P/E | 36.0× | — |
| Analysts’ mean target | $98.87 | $20.00 |
Where the revenue comes from
Hexcel
- Commercial Aerospace Market Applications: $330M (67%)
- Space and Defense Market Applications: $166M (33%)
AdvanSix
- Plant Nutrients: $149M (35%)
- Nylon: $105M (24%)
- Chemical Intermediates: $104M (24%)
- Caprolactam: $73.1M (17%)
Questions
Which is bigger, Hexcel or AdvanSix?
Hexcel is the larger company: $496M of revenue in its latest quarter (Q3 2026) against $431M for AdvanSix (Q3 2026).
Is Hexcel or AdvanSix growing faster?
AdvanSix is growing faster (+15% against +9% a year earlier).
Which is more profitable, Hexcel or AdvanSix?
Hexcel is more profitable, with an operating margin of 11.0% against -2.6%.
More: Hexcel earnings · how Hexcel makes money · AdvanSix earnings · how AdvanSix makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 21, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.