Hexcel Corporation (HXL)
Interest coverage
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 119,600 | 136,100 | 177,000 | 186,100 | 153,200 | 144,300 | 133,800 | 143,700 | 218,700 | 215,900 | 218,700 | 186,000 | 166,500 | 148,500 | 100,600 | 60,300 | 8,400 | -52,000 | -61,800 | 14,100 |
| Interest expense (ttm) | US$ in thousands | 34,200 | 33,500 | 32,500 | 31,200 | 30,700 | 30,000 | 31,100 | 34,000 | 35,600 | 36,800 | 36,500 | 36,200 | 36,200 | 36,700 | 37,100 | 38,300 | 38,500 | 38,700 | 40,100 | 41,800 |
| Interest coverage | 3.50 | 4.06 | 5.45 | 5.96 | 4.99 | 4.81 | 4.30 | 4.23 | 6.14 | 5.87 | 5.99 | 5.14 | 4.60 | 4.05 | 2.71 | 1.57 | 0.22 | -1.34 | -1.54 | 0.34 |
September 30, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $119,600K ÷ $34,200K
= 3.50
Peer comparison
Sep 30, 2025
Company name
Symbol
Interest coverage
Hexcel Corporation
HXL
3.50
GE Aerospace
GE
12.86
General Dynamics Corporation
GD
17.25
L3Harris Technologies Inc
LHX
4.24
Lockheed Martin Corporation
LMT
6.30
Northrop Grumman Corporation
NOC
8.62
Raytheon Technologies Corp
RTX
5.79
Textron Inc
TXT
9.53
The Boeing Company
BA
1.95
Transdigm Group Incorporated
TDG
1.92
Woodward Inc
WWD
12.41