vs
Side-by-side financial comparison of Dow Inc. (DOW) and HEXCEL CORP (HXL). Click either name above to swap in a different company.
Dow Inc. is the larger business by last-quarter revenue ($9.5B vs $501.5M, roughly 18.9× HEXCEL CORP). On growth, HEXCEL CORP posted the faster year-over-year revenue change (9.9% vs -9.3%). Over the past eight quarters, HEXCEL CORP's revenue compounded faster (0.1% CAGR vs -6.9%).
The Dow Chemical Company is an American multinational corporation headquartered in Midland, Michigan, United States. The company was among the three largest chemical producers in the world in 2021. It is the operating subsidiary of Dow Inc., a publicly traded holding company incorporated under Delaware law.
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 ...
DOW vs HXL — Head-to-Head
Income Statement — Q1 2026 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $9.5B | $501.5M |
| Net Profit | — | $37.2M |
| Gross Margin | 5.8% | 26.9% |
| Operating Margin | — | 11.5% |
| Net Margin | — | 7.4% |
| Revenue YoY | -9.3% | 9.9% |
| Net Profit YoY | — | 29.6% |
| EPS (diluted) | $-2.16 | $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.
| Q1 26 | $9.5B | $501.5M | ||
| Q4 25 | $9.5B | $491.3M | ||
| Q3 25 | $10.0B | $456.2M | ||
| Q2 25 | $10.1B | $489.9M | ||
| Q1 25 | $10.4B | $456.5M | ||
| Q4 24 | $10.4B | $473.8M | ||
| Q3 24 | $10.9B | $456.5M | ||
| Q2 24 | $10.9B | $500.4M |
| Q1 26 | — | $37.2M | ||
| Q4 25 | $-1.5B | $46.4M | ||
| Q3 25 | $62.0M | $20.6M | ||
| Q2 25 | $-835.0M | $13.5M | ||
| Q1 25 | $-307.0M | $28.9M | ||
| Q4 24 | $-35.0M | $5.8M | ||
| Q3 24 | $214.0M | $39.8M | ||
| Q2 24 | $439.0M | $50.0M |
| Q1 26 | 5.8% | 26.9% | ||
| Q4 25 | 5.8% | 24.6% | ||
| Q3 25 | 7.3% | 21.9% | ||
| Q2 25 | 5.8% | 22.8% | ||
| Q1 25 | 6.4% | 22.4% | ||
| Q4 24 | 9.0% | 25.0% | ||
| Q3 24 | 9.8% | 23.3% | ||
| Q2 24 | 12.1% | 25.3% |
| Q1 26 | — | 11.5% | ||
| Q4 25 | -16.4% | 12.5% | ||
| Q3 25 | 0.7% | 7.9% | ||
| Q2 25 | -6.5% | 6.1% | ||
| Q1 25 | -3.6% | 9.7% | ||
| Q4 24 | 2.1% | 1.9% | ||
| Q3 24 | 3.0% | 11.5% | ||
| Q2 24 | 5.6% | 14.3% |
| Q1 26 | — | 7.4% | ||
| Q4 25 | -15.6% | 9.4% | ||
| Q3 25 | 0.6% | 4.5% | ||
| Q2 25 | -8.3% | 2.8% | ||
| Q1 25 | -2.9% | 6.3% | ||
| Q4 24 | -0.3% | 1.2% | ||
| Q3 24 | 2.0% | 8.7% | ||
| Q2 24 | 4.0% | 10.0% |
| Q1 26 | $-2.16 | $0.49 | ||
| Q4 25 | $-2.16 | — | ||
| Q3 25 | $0.08 | — | ||
| Q2 25 | $-1.18 | — | ||
| Q1 25 | $-0.44 | — | ||
| Q4 24 | $-0.08 | — | ||
| Q3 24 | $0.30 | — | ||
| Q2 24 | $0.62 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.8B | $54.1M |
| Total DebtLower is stronger | $17.8B | $998.1M |
| Stockholders' EquityBook value | $16.0B | $1.3B |
| Total Assets | $58.5B | $2.7B |
| Debt / EquityLower = less leverage | 1.12× | 0.79× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.8B | $54.1M | ||
| Q4 25 | $3.8B | $71.0M | ||
| Q3 25 | $4.6B | $90.5M | ||
| Q2 25 | $2.4B | $77.2M | ||
| Q1 25 | $1.5B | $89.2M | ||
| Q4 24 | $2.2B | $125.4M | ||
| Q3 24 | $2.9B | $98.2M | ||
| Q2 24 | $3.3B | $75.4M |
| Q1 26 | $17.8B | $998.1M | ||
| Q4 25 | $17.8B | — | ||
| Q3 25 | $17.7B | — | ||
| Q2 25 | $16.2B | — | ||
| Q1 25 | $15.9B | — | ||
| Q4 24 | $15.7B | — | ||
| Q3 24 | $16.2B | — | ||
| Q2 24 | $16.0B | — |
| Q1 26 | $16.0B | $1.3B | ||
| Q4 25 | $16.0B | $1.3B | ||
| Q3 25 | $17.5B | $1.6B | ||
| Q2 25 | $17.2B | $1.6B | ||
| Q1 25 | $16.8B | $1.5B | ||
| Q4 24 | $17.4B | $1.5B | ||
| Q3 24 | $18.3B | $1.6B | ||
| Q2 24 | $18.3B | $1.6B |
| Q1 26 | $58.5B | $2.7B | ||
| Q4 25 | $58.5B | $2.7B | ||
| Q3 25 | $61.0B | $2.8B | ||
| Q2 25 | $59.0B | $2.8B | ||
| Q1 25 | $57.5B | $2.8B | ||
| Q4 24 | $57.3B | $2.7B | ||
| Q3 24 | $59.4B | $2.9B | ||
| Q2 24 | $58.5B | $2.8B |
| Q1 26 | 1.12× | 0.79× | ||
| Q4 25 | 1.12× | — | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 0.94× | — | ||
| Q1 25 | 0.95× | — | ||
| Q4 24 | 0.91× | — | ||
| Q3 24 | 0.88× | — | ||
| Q2 24 | 0.87× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
