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

LCI INDUSTRIES is the larger business by last-quarter revenue ($932.7M vs $501.5M, roughly 1.9× HEXCEL CORP). HEXCEL CORP runs the higher net margin — 7.4% vs 2.0%, a 5.4% gap on every dollar of revenue. On growth, LCI INDUSTRIES posted the faster year-over-year revenue change (16.1% vs 9.9%). Over the past eight quarters, HEXCEL CORP's revenue compounded faster (0.1% CAGR vs -1.8%).

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 ...

Lucky Core Industries Limited, formerly known as ICI Pakistan, is a Pakistani conglomerate company headquartered in Karachi. It manufactures polyester, pharmaceutical, agrochemical, soda ash, and veterinary medicine.

HXL vs LCII — Head-to-Head

Bigger by revenue
LCII
LCII
1.9× larger
LCII
$932.7M
$501.5M
HXL
Growing faster (revenue YoY)
LCII
LCII
+6.3% gap
LCII
16.1%
9.9%
HXL
Higher net margin
HXL
HXL
5.4% more per $
HXL
7.4%
2.0%
LCII
Faster 2-yr revenue CAGR
HXL
HXL
Annualised
HXL
0.1%
-1.8%
LCII

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HXL
HXL
LCII
LCII
Revenue
$501.5M
$932.7M
Net Profit
$37.2M
$18.7M
Gross Margin
26.9%
22.1%
Operating Margin
11.5%
3.8%
Net Margin
7.4%
2.0%
Revenue YoY
9.9%
16.1%
Net Profit YoY
28.7%
95.7%
EPS (diluted)
$0.49
$0.79

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
HXL
HXL
LCII
LCII
Q1 26
$501.5M
Q4 25
$491.3M
$932.7M
Q3 25
$456.2M
$1.0B
Q2 25
$489.9M
$1.1B
Q1 25
$456.5M
$1.0B
Q4 24
$473.8M
$803.1M
Q3 24
$456.5M
$915.5M
Q2 24
$500.4M
$1.1B
Net Profit
HXL
HXL
LCII
LCII
Q1 26
$37.2M
Q4 25
$46.4M
$18.7M
Q3 25
$20.6M
$62.5M
Q2 25
$13.5M
$57.6M
Q1 25
$28.9M
$49.4M
Q4 24
$5.8M
$9.5M
Q3 24
$39.8M
$35.6M
Q2 24
$50.0M
$61.2M
Gross Margin
HXL
HXL
LCII
LCII
Q1 26
26.9%
Q4 25
24.6%
22.1%
Q3 25
21.9%
24.4%
Q2 25
22.8%
24.4%
Q1 25
22.4%
24.1%
Q4 24
25.0%
21.1%
Q3 24
23.3%
24.0%
Q2 24
25.3%
25.3%
Operating Margin
HXL
HXL
LCII
LCII
Q1 26
11.5%
Q4 25
12.5%
3.8%
Q3 25
7.9%
7.3%
Q2 25
6.1%
7.9%
Q1 25
9.7%
7.8%
Q4 24
1.9%
2.0%
Q3 24
11.5%
5.9%
Q2 24
14.3%
8.6%
Net Margin
HXL
HXL
LCII
LCII
Q1 26
7.4%
Q4 25
9.4%
2.0%
Q3 25
4.5%
6.0%
Q2 25
2.8%
5.2%
Q1 25
6.3%
4.7%
Q4 24
1.2%
1.2%
Q3 24
8.7%
3.9%
Q2 24
10.0%
5.8%
EPS (diluted)
HXL
HXL
LCII
LCII
Q1 26
$0.49
Q4 25
$0.79
Q3 25
$2.55
Q2 25
$2.29
Q1 25
$1.94
Q4 24
$0.37
Q3 24
$1.39
Q2 24
$2.40

Balance Sheet & Financial Strength

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

Metric
HXL
HXL
LCII
LCII
Cash + ST InvestmentsLiquidity on hand
$54.1M
$222.6M
Total DebtLower is stronger
$998.1M
$945.2M
Stockholders' EquityBook value
$1.3B
$1.4B
Total Assets
$2.7B
$3.2B
Debt / EquityLower = less leverage
0.79×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HXL
HXL
LCII
LCII
Q1 26
$54.1M
Q4 25
$71.0M
$222.6M
Q3 25
$90.5M
$199.7M
Q2 25
$77.2M
$191.9M
Q1 25
$89.2M
$231.2M
Q4 24
$125.4M
$165.8M
Q3 24
$98.2M
$161.2M
Q2 24
$75.4M
$130.4M
Total Debt
HXL
HXL
LCII
LCII
Q1 26
$998.1M
Q4 25
$945.2M
Q3 25
$947.8M
Q2 25
$948.0M
Q1 25
$938.3M
Q4 24
$757.3M
Q3 24
$822.5M
Q2 24
$829.7M
Stockholders' Equity
HXL
HXL
LCII
LCII
Q1 26
$1.3B
Q4 25
$1.3B
$1.4B
Q3 25
$1.6B
$1.4B
Q2 25
$1.6B
$1.4B
Q1 25
$1.5B
$1.4B
Q4 24
$1.5B
$1.4B
Q3 24
$1.6B
$1.4B
Q2 24
$1.6B
$1.4B
Total Assets
HXL
HXL
LCII
LCII
Q1 26
$2.7B
Q4 25
$2.7B
$3.2B
Q3 25
$2.8B
$3.2B
Q2 25
$2.8B
$3.2B
Q1 25
$2.8B
$3.1B
Q4 24
$2.7B
$2.9B
Q3 24
$2.9B
$3.0B
Q2 24
$2.8B
$3.0B
Debt / Equity
HXL
HXL
LCII
LCII
Q1 26
0.79×
Q4 25
0.69×
Q3 25
0.70×
Q2 25
0.68×
Q1 25
0.69×
Q4 24
0.55×
Q3 24
0.58×
Q2 24
0.60×

Cash Flow & Capital Efficiency

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

Metric
HXL
HXL
LCII
LCII
Operating Cash FlowLast quarter
$78.9M
Free Cash FlowOCF − Capex
$64.3M
FCF MarginFCF / Revenue
6.9%
Capex IntensityCapex / Revenue
3.2%
1.6%
Cash ConversionOCF / Net Profit
4.22×
TTM Free Cash FlowTrailing 4 quarters
$278.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HXL
HXL
LCII
LCII
Q1 26
Q4 25
$125.5M
$78.9M
Q3 25
$110.2M
$97.2M
Q2 25
$23.3M
$112.2M
Q1 25
$-28.5M
$42.7M
Q4 24
$162.6M
$106.6M
Q3 24
$90.1M
$78.4M
Q2 24
$44.2M
$192.9M
Free Cash Flow
HXL
HXL
LCII
LCII
Q1 26
Q4 25
$107.3M
$64.3M
Q3 25
$96.5M
$80.9M
Q2 25
$8.0M
$99.5M
Q1 25
$-54.6M
$33.7M
Q4 24
$144.0M
$95.7M
Q3 24
$73.3M
$68.3M
Q2 24
$21.3M
$180.2M
FCF Margin
HXL
HXL
LCII
LCII
Q1 26
Q4 25
21.8%
6.9%
Q3 25
21.2%
7.8%
Q2 25
1.6%
9.0%
Q1 25
-12.0%
3.2%
Q4 24
30.4%
11.9%
Q3 24
16.1%
7.5%
Q2 24
4.3%
17.1%
Capex Intensity
HXL
HXL
LCII
LCII
Q1 26
3.2%
Q4 25
3.7%
1.6%
Q3 25
3.0%
1.6%
Q2 25
3.1%
1.2%
Q1 25
5.7%
0.9%
Q4 24
3.9%
1.4%
Q3 24
3.7%
1.1%
Q2 24
4.6%
1.2%
Cash Conversion
HXL
HXL
LCII
LCII
Q1 26
Q4 25
2.70×
4.22×
Q3 25
5.35×
1.55×
Q2 25
1.73×
1.95×
Q1 25
-0.99×
0.86×
Q4 24
28.03×
11.17×
Q3 24
2.26×
2.20×
Q2 24
0.88×
3.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HXL
HXL

Segment breakdown not available.

LCII
LCII

Travel Trailer And Fifth Wheels$378.4M41%
Chassis Chassis Partsand Slideout Mechanisms$206.1M22%
Furnitureand Mattresses$120.4M13%
Appliances$69.9M7%
Other Products$69.1M7%
Axlesand Suspension Solutions$62.3M7%
Motorhomes$34.2M4%

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