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Side-by-side financial comparison of ASSOCIATED BANC-CORP (ASB) and HEXCEL CORP (HXL). Click either name above to swap in a different company.

HEXCEL CORP is the larger business by last-quarter revenue ($501.5M vs $383.0M, roughly 1.3× ASSOCIATED BANC-CORP). ASSOCIATED BANC-CORP runs the higher net margin — 31.2% vs 7.4%, a 23.8% gap on every dollar of revenue. Over the past eight quarters, ASSOCIATED BANC-CORP's revenue compounded faster (9.1% CAGR vs 0.1%).

Associated Banc-Corp is a U.S. regional bank holding company providing retail banking, commercial banking, commercial real estate lending, private banking and specialized financial services. Headquartered in Green Bay, Wisconsin, Associated is a Midwest bank with from more than 220 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas.

Hexcel Corporation is an American public industrial materials company, based in Stamford, Connecticut. The company develops and manufactures structural materials. Hexcel was formed from the combination of California Reinforced Plastics, Ciba Composites and Hercules Composites Products Division. The company sells its products in commercial, military and recreational markets for use in commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, sports equipment ...

ASB vs HXL — Head-to-Head

Bigger by revenue
HXL
HXL
1.3× larger
HXL
$501.5M
$383.0M
ASB
Higher net margin
ASB
ASB
23.8% more per $
ASB
31.2%
7.4%
HXL
Faster 2-yr revenue CAGR
ASB
ASB
Annualised
ASB
9.1%
0.1%
HXL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ASB
ASB
HXL
HXL
Revenue
$383.0M
$501.5M
Net Profit
$119.6M
$37.2M
Gross Margin
26.9%
Operating Margin
11.5%
Net Margin
31.2%
7.4%
Revenue YoY
9.9%
Net Profit YoY
566.6%
28.7%
EPS (diluted)
$0.70
$0.49

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASB
ASB
HXL
HXL
Q1 26
$383.0M
$501.5M
Q4 25
$310.0M
$491.3M
Q3 25
$305.2M
$456.2M
Q2 25
$300.0M
$489.9M
Q1 25
$285.9M
$456.5M
Q4 24
$270.3M
$473.8M
Q3 24
$329.7M
$456.5M
Q2 24
$321.8M
$500.4M
Net Profit
ASB
ASB
HXL
HXL
Q1 26
$119.6M
$37.2M
Q4 25
$137.1M
$46.4M
Q3 25
$124.7M
$20.6M
Q2 25
$111.2M
$13.5M
Q1 25
$101.7M
$28.9M
Q4 24
$-161.6M
$5.8M
Q3 24
$88.0M
$39.8M
Q2 24
$115.6M
$50.0M
Gross Margin
ASB
ASB
HXL
HXL
Q1 26
26.9%
Q4 25
24.6%
Q3 25
21.9%
Q2 25
22.8%
Q1 25
22.4%
Q4 24
25.0%
Q3 24
23.3%
Q2 24
25.3%
Operating Margin
ASB
ASB
HXL
HXL
Q1 26
11.5%
Q4 25
52.6%
12.5%
Q3 25
50.5%
7.9%
Q2 25
46.5%
6.1%
Q1 25
42.3%
9.7%
Q4 24
-65.8%
1.9%
Q3 24
32.8%
11.5%
Q2 24
32.0%
14.3%
Net Margin
ASB
ASB
HXL
HXL
Q1 26
31.2%
7.4%
Q4 25
44.2%
9.4%
Q3 25
40.9%
4.5%
Q2 25
37.1%
2.8%
Q1 25
35.6%
6.3%
Q4 24
-59.8%
1.2%
Q3 24
26.7%
8.7%
Q2 24
35.9%
10.0%
EPS (diluted)
ASB
ASB
HXL
HXL
Q1 26
$0.70
$0.49
Q4 25
$0.80
Q3 25
$0.73
Q2 25
$0.65
Q1 25
$0.59
Q4 24
$-1.10
Q3 24
$0.56
Q2 24
$0.74

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASB
ASB
HXL
HXL
Cash + ST InvestmentsLiquidity on hand
$54.1M
Total DebtLower is stronger
$998.1M
Stockholders' EquityBook value
$5.0B
$1.3B
Total Assets
$45.6B
$2.7B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASB
ASB
HXL
HXL
Q1 26
$54.1M
Q4 25
$71.0M
Q3 25
$90.5M
Q2 25
$77.2M
Q1 25
$89.2M
Q4 24
$125.4M
Q3 24
$98.2M
Q2 24
$75.4M
Total Debt
ASB
ASB
HXL
HXL
Q1 26
$998.1M
Q4 25
$1.0B
Q3 25
$594.1M
Q2 25
$593.5M
Q1 25
$591.4M
Q4 24
$1.4B
Q3 24
$844.3M
Q2 24
$536.1M
Stockholders' Equity
ASB
ASB
HXL
HXL
Q1 26
$5.0B
$1.3B
Q4 25
$5.0B
$1.3B
Q3 25
$4.9B
$1.6B
Q2 25
$4.8B
$1.6B
Q1 25
$4.7B
$1.5B
Q4 24
$4.6B
$1.5B
Q3 24
$4.4B
$1.6B
Q2 24
$4.2B
$1.6B
Total Assets
ASB
ASB
HXL
HXL
Q1 26
$45.6B
$2.7B
Q4 25
$45.2B
$2.7B
Q3 25
$44.5B
$2.8B
Q2 25
$44.0B
$2.8B
Q1 25
$43.3B
$2.8B
Q4 24
$43.0B
$2.7B
Q3 24
$42.2B
$2.9B
Q2 24
$41.6B
$2.8B
Debt / Equity
ASB
ASB
HXL
HXL
Q1 26
0.79×
Q4 25
0.20×
Q3 25
0.12×
Q2 25
0.12×
Q1 25
0.13×
Q4 24
0.31×
Q3 24
0.19×
Q2 24
0.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASB
ASB

Net Interest Income$307.2M80%
Noninterest Income$75.9M20%

HXL
HXL

Segment breakdown not available.

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