vs

Side-by-side financial comparison of HEXCEL CORP (HXL) and Palomar Holdings, Inc. (PLMR). Click either name above to swap in a different company.

HEXCEL CORP is the larger business by last-quarter revenue ($501.5M vs $253.4M, roughly 2.0× Palomar Holdings, Inc.). On growth, Palomar Holdings, Inc. posted the faster year-over-year revenue change (62.7% vs 9.9%). Over the past eight quarters, Palomar Holdings, Inc.'s revenue compounded faster (46.2% CAGR vs 0.1%).

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 ...

Palomar Holdings, Inc. is a specialty insurance holding company that primarily provides property insurance products for catastrophe-exposed residential and commercial assets. It mainly operates across the United States, focusing on core segments including earthquake, flood, and windstorm coverage to meet high-risk property protection demands of customers.

HXL vs PLMR — Head-to-Head

Bigger by revenue
HXL
HXL
2.0× larger
HXL
$501.5M
$253.4M
PLMR
Growing faster (revenue YoY)
PLMR
PLMR
+52.8% gap
PLMR
62.7%
9.9%
HXL
Faster 2-yr revenue CAGR
PLMR
PLMR
Annualised
PLMR
46.2%
0.1%
HXL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HXL
HXL
PLMR
PLMR
Revenue
$501.5M
$253.4M
Net Profit
$37.2M
Gross Margin
26.9%
Operating Margin
11.5%
28.7%
Net Margin
7.4%
Revenue YoY
9.9%
62.7%
Net Profit YoY
29.6%
EPS (diluted)
$0.49
$2.05

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
PLMR
PLMR
Q1 26
$501.5M
Q4 25
$491.3M
$253.4M
Q3 25
$456.2M
$244.7M
Q2 25
$489.9M
$203.3M
Q1 25
$456.5M
$174.6M
Q4 24
$473.8M
$155.8M
Q3 24
$456.5M
$148.5M
Q2 24
$500.4M
$131.1M
Net Profit
HXL
HXL
PLMR
PLMR
Q1 26
$37.2M
Q4 25
$46.4M
Q3 25
$20.6M
$51.5M
Q2 25
$13.5M
$46.5M
Q1 25
$28.9M
$42.9M
Q4 24
$5.8M
Q3 24
$39.8M
$30.5M
Q2 24
$50.0M
$25.7M
Gross Margin
HXL
HXL
PLMR
PLMR
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
HXL
HXL
PLMR
PLMR
Q1 26
11.5%
Q4 25
12.5%
28.7%
Q3 25
7.9%
27.4%
Q2 25
6.1%
29.5%
Q1 25
9.7%
30.8%
Q4 24
1.9%
28.9%
Q3 24
11.5%
25.9%
Q2 24
14.3%
25.5%
Net Margin
HXL
HXL
PLMR
PLMR
Q1 26
7.4%
Q4 25
9.4%
Q3 25
4.5%
21.0%
Q2 25
2.8%
22.9%
Q1 25
6.3%
24.6%
Q4 24
1.2%
Q3 24
8.7%
20.5%
Q2 24
10.0%
19.6%
EPS (diluted)
HXL
HXL
PLMR
PLMR
Q1 26
$0.49
Q4 25
$2.05
Q3 25
$1.87
Q2 25
$1.68
Q1 25
$1.57
Q4 24
$1.29
Q3 24
$1.15
Q2 24
$1.00

Balance Sheet & Financial Strength

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

Metric
HXL
HXL
PLMR
PLMR
Cash + ST InvestmentsLiquidity on hand
$54.1M
$106.9M
Total DebtLower is stronger
$998.1M
Stockholders' EquityBook value
$1.3B
$942.7M
Total Assets
$2.7B
$3.1B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HXL
HXL
PLMR
PLMR
Q1 26
$54.1M
Q4 25
$71.0M
$106.9M
Q3 25
$90.5M
$111.7M
Q2 25
$77.2M
$81.3M
Q1 25
$89.2M
$119.3M
Q4 24
$125.4M
$80.4M
Q3 24
$98.2M
$86.5M
Q2 24
$75.4M
$47.8M
Total Debt
HXL
HXL
PLMR
PLMR
Q1 26
$998.1M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
HXL
HXL
PLMR
PLMR
Q1 26
$1.3B
Q4 25
$1.3B
$942.7M
Q3 25
$1.6B
$878.1M
Q2 25
$1.6B
$847.2M
Q1 25
$1.5B
$790.4M
Q4 24
$1.5B
$729.0M
Q3 24
$1.6B
$703.3M
Q2 24
$1.6B
$532.6M
Total Assets
HXL
HXL
PLMR
PLMR
Q1 26
$2.7B
Q4 25
$2.7B
$3.1B
Q3 25
$2.8B
$2.9B
Q2 25
$2.8B
$2.8B
Q1 25
$2.8B
$2.4B
Q4 24
$2.7B
$2.3B
Q3 24
$2.9B
$2.3B
Q2 24
$2.8B
$2.0B
Debt / Equity
HXL
HXL
PLMR
PLMR
Q1 26
0.79×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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
PLMR
PLMR
Operating Cash FlowLast quarter
$409.1M
Free Cash FlowOCF − Capex
$409.0M
FCF MarginFCF / Revenue
161.4%
Capex IntensityCapex / Revenue
3.2%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$700.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HXL
HXL
PLMR
PLMR
Q1 26
Q4 25
$125.5M
$409.1M
Q3 25
$110.2M
$83.6M
Q2 25
$23.3M
$120.9M
Q1 25
$-28.5M
$87.2M
Q4 24
$162.6M
$261.2M
Q3 24
$90.1M
$100.3M
Q2 24
$44.2M
$55.1M
Free Cash Flow
HXL
HXL
PLMR
PLMR
Q1 26
Q4 25
$107.3M
$409.0M
Q3 25
$96.5M
$83.6M
Q2 25
$8.0M
$120.8M
Q1 25
$-54.6M
$87.1M
Q4 24
$144.0M
$260.9M
Q3 24
$73.3M
$100.1M
Q2 24
$21.3M
FCF Margin
HXL
HXL
PLMR
PLMR
Q1 26
Q4 25
21.8%
161.4%
Q3 25
21.2%
34.2%
Q2 25
1.6%
59.4%
Q1 25
-12.0%
49.9%
Q4 24
30.4%
167.5%
Q3 24
16.1%
67.4%
Q2 24
4.3%
Capex Intensity
HXL
HXL
PLMR
PLMR
Q1 26
3.2%
Q4 25
3.7%
0.1%
Q3 25
3.0%
0.0%
Q2 25
3.1%
0.0%
Q1 25
5.7%
0.0%
Q4 24
3.9%
0.2%
Q3 24
3.7%
0.1%
Q2 24
4.6%
0.0%
Cash Conversion
HXL
HXL
PLMR
PLMR
Q1 26
Q4 25
2.70×
Q3 25
5.35×
1.63×
Q2 25
1.73×
2.60×
Q1 25
-0.99×
2.03×
Q4 24
28.03×
Q3 24
2.26×
3.29×
Q2 24
0.88×
2.14×

Financial Flow Comparison

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

Related Comparisons