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

AVIENT CORP is the larger business by last-quarter revenue ($760.6M vs $501.5M, roughly 1.5× HEXCEL CORP). HEXCEL CORP runs the higher net margin — 7.4% vs 2.2%, a 5.2% gap on every dollar of revenue. On growth, HEXCEL CORP posted the faster year-over-year revenue change (9.9% vs 1.9%). Over the past eight quarters, HEXCEL CORP's revenue compounded faster (0.1% CAGR vs -4.2%).

Avient Corporation is a global materials solutions company headquartered in Avon Lake, Ohio, United States, employing approximately 9,000 people worldwide. Its products include colorants, advanced composites, functional additives and engineered materials.

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 ...

AVNT vs HXL — Head-to-Head

Bigger by revenue
AVNT
AVNT
1.5× larger
AVNT
$760.6M
$501.5M
HXL
Growing faster (revenue YoY)
HXL
HXL
+8.0% gap
HXL
9.9%
1.9%
AVNT
Higher net margin
HXL
HXL
5.2% more per $
HXL
7.4%
2.2%
AVNT
Faster 2-yr revenue CAGR
HXL
HXL
Annualised
HXL
0.1%
-4.2%
AVNT

Income Statement — Q4 2025 vs Q1 2026

Metric
AVNT
AVNT
HXL
HXL
Revenue
$760.6M
$501.5M
Net Profit
$16.9M
$37.2M
Gross Margin
30.2%
26.9%
Operating Margin
5.2%
11.5%
Net Margin
2.2%
7.4%
Revenue YoY
1.9%
9.9%
Net Profit YoY
-65.0%
29.6%
EPS (diluted)
$0.18
$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
AVNT
AVNT
HXL
HXL
Q1 26
$501.5M
Q4 25
$760.6M
$491.3M
Q3 25
$806.5M
$456.2M
Q2 25
$866.5M
$489.9M
Q1 25
$826.6M
$456.5M
Q4 24
$746.5M
$473.8M
Q3 24
$815.2M
$456.5M
Q2 24
$849.7M
$500.4M
Net Profit
AVNT
AVNT
HXL
HXL
Q1 26
$37.2M
Q4 25
$16.9M
$46.4M
Q3 25
$32.6M
$20.6M
Q2 25
$52.6M
$13.5M
Q1 25
$-20.2M
$28.9M
Q4 24
$48.3M
$5.8M
Q3 24
$38.2M
$39.8M
Q2 24
$33.6M
$50.0M
Gross Margin
AVNT
AVNT
HXL
HXL
Q1 26
26.9%
Q4 25
30.2%
24.6%
Q3 25
30.4%
21.9%
Q2 25
32.1%
22.8%
Q1 25
31.8%
22.4%
Q4 24
34.8%
25.0%
Q3 24
32.1%
23.3%
Q2 24
30.3%
25.3%
Operating Margin
AVNT
AVNT
HXL
HXL
Q1 26
11.5%
Q4 25
5.2%
12.5%
Q3 25
8.3%
7.9%
Q2 25
11.1%
6.1%
Q1 25
0.1%
9.7%
Q4 24
11.5%
1.9%
Q3 24
9.5%
11.5%
Q2 24
8.5%
14.3%
Net Margin
AVNT
AVNT
HXL
HXL
Q1 26
7.4%
Q4 25
2.2%
9.4%
Q3 25
4.0%
4.5%
Q2 25
6.1%
2.8%
Q1 25
-2.4%
6.3%
Q4 24
6.5%
1.2%
Q3 24
4.7%
8.7%
Q2 24
4.0%
10.0%
EPS (diluted)
AVNT
AVNT
HXL
HXL
Q1 26
$0.49
Q4 25
$0.18
Q3 25
$0.36
Q2 25
$0.57
Q1 25
$-0.22
Q4 24
$0.53
Q3 24
$0.41
Q2 24
$0.36

Balance Sheet & Financial Strength

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

Metric
AVNT
AVNT
HXL
HXL
Cash + ST InvestmentsLiquidity on hand
$54.1M
Total DebtLower is stronger
$1.9B
$998.1M
Stockholders' EquityBook value
$2.4B
$1.3B
Total Assets
$6.0B
$2.7B
Debt / EquityLower = less leverage
0.81×
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNT
AVNT
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
AVNT
AVNT
HXL
HXL
Q1 26
$998.1M
Q4 25
$1.9B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.1B
Q4 24
$2.1B
Q3 24
$2.1B
Q2 24
$2.1B
Stockholders' Equity
AVNT
AVNT
HXL
HXL
Q1 26
$1.3B
Q4 25
$2.4B
$1.3B
Q3 25
$2.4B
$1.6B
Q2 25
$2.4B
$1.6B
Q1 25
$2.3B
$1.5B
Q4 24
$2.3B
$1.5B
Q3 24
$2.4B
$1.6B
Q2 24
$2.3B
$1.6B
Total Assets
AVNT
AVNT
HXL
HXL
Q1 26
$2.7B
Q4 25
$6.0B
$2.7B
Q3 25
$6.1B
$2.8B
Q2 25
$6.1B
$2.8B
Q1 25
$5.8B
$2.8B
Q4 24
$5.8B
$2.7B
Q3 24
$6.0B
$2.9B
Q2 24
$5.9B
$2.8B
Debt / Equity
AVNT
AVNT
HXL
HXL
Q1 26
0.79×
Q4 25
0.81×
Q3 25
0.83×
Q2 25
0.86×
Q1 25
0.90×
Q4 24
0.89×
Q3 24
0.88×
Q2 24
0.90×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVNT
AVNT
HXL
HXL
Operating Cash FlowLast quarter
$167.8M
Free Cash FlowOCF − Capex
$125.4M
FCF MarginFCF / Revenue
16.5%
Capex IntensityCapex / Revenue
5.6%
3.2%
Cash ConversionOCF / Net Profit
9.93×
TTM Free Cash FlowTrailing 4 quarters
$195.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNT
AVNT
HXL
HXL
Q1 26
Q4 25
$167.8M
$125.5M
Q3 25
$72.1M
$110.2M
Q2 25
$112.8M
$23.3M
Q1 25
$-51.1M
$-28.5M
Q4 24
$122.6M
$162.6M
Q3 24
$71.1M
$90.1M
Q2 24
$105.9M
$44.2M
Free Cash Flow
AVNT
AVNT
HXL
HXL
Q1 26
Q4 25
$125.4M
$107.3M
Q3 25
$47.4M
$96.5M
Q2 25
$85.8M
$8.0M
Q1 25
$-63.6M
$-54.6M
Q4 24
$81.5M
$144.0M
Q3 24
$46.1M
$73.3M
Q2 24
$74.5M
$21.3M
FCF Margin
AVNT
AVNT
HXL
HXL
Q1 26
Q4 25
16.5%
21.8%
Q3 25
5.9%
21.2%
Q2 25
9.9%
1.6%
Q1 25
-7.7%
-12.0%
Q4 24
10.9%
30.4%
Q3 24
5.7%
16.1%
Q2 24
8.8%
4.3%
Capex Intensity
AVNT
AVNT
HXL
HXL
Q1 26
3.2%
Q4 25
5.6%
3.7%
Q3 25
3.1%
3.0%
Q2 25
3.1%
3.1%
Q1 25
1.5%
5.7%
Q4 24
5.5%
3.9%
Q3 24
3.1%
3.7%
Q2 24
3.7%
4.6%
Cash Conversion
AVNT
AVNT
HXL
HXL
Q1 26
Q4 25
9.93×
2.70×
Q3 25
2.21×
5.35×
Q2 25
2.14×
1.73×
Q1 25
-0.99×
Q4 24
2.54×
28.03×
Q3 24
1.86×
2.26×
Q2 24
3.15×
0.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AVNT
AVNT

Color Additives And Inks$466.0M61%
Specialty Engineered Materials$295.5M39%

HXL
HXL

Segment breakdown not available.

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