Filing Flows › Comparisons › HXL vs ROG
Hexcel vs Rogers: HXL and ROG compared
Hexcel is the larger company: $496M of revenue in its latest quarter (Q3 2026) against $236M for Rogers (Q3 2026). Rogers is growing faster (+9% against +9% a year earlier). Rogers is more profitable, with an operating margin of 12.7% against 11.0%.
Where the money goes: HXL and ROG
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.
Rogers (ROG) · Q3 2026
Rogers, Q3 2026: revenue $236M (+9% year over year), operating margin 12.7%, net earnings $22.6M, operating cash flow $41.4M. The chart follows the revenue to costs, profit and cash.
| Hexcel (HXL) | Rogers (ROG) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $496M | $236M |
| Revenue growth, Y/Y | +9% | +9% |
| Gross margin | 23.3% | 34.2% |
| Operating margin | 11.0% | 12.7% |
| Net earnings | $38.6M | $22.6M |
| Net margin | 7.8% | 9.6% |
| Operating cash flow | $74.4M | $41.4M |
| Free cash flow | $50.7M | $35.4M |
| Market value | $6.2B | — |
| P/E | 36.0× | — |
| Analysts’ mean target | $98.87 | — |
Where the revenue comes from
Hexcel
- Commercial Aerospace Market Applications: $330M (67%)
- Space and Defense Market Applications: $166M (33%)
Rogers
- Advanced Electronics Solutions: $130M (55%)
- Elastomeric Material Solutions: $101M (43%)
- Other: $4.5M (2%)
Questions
Which is bigger, Hexcel or Rogers?
Hexcel is the larger company: $496M of revenue in its latest quarter (Q3 2026) against $236M for Rogers (Q3 2026).
Is Hexcel or Rogers growing faster?
Rogers is growing faster (+9% against +9% a year earlier).
Which is more profitable, Hexcel or Rogers?
Rogers is more profitable, with an operating margin of 12.7% against 11.0%.
More: Hexcel earnings · how Hexcel makes money · Rogers earnings · how Rogers makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 21, 2026; 10-Q filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.