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AdvanSix vs Hexcel: revenue, profit, margins and growth compared

AdvanSix brought in $1.5B of revenue in fiscal 2025, Hexcel $1.9B in fiscal 2025. Revenue changed by +0.3% at AdvanSix and -0.5% at Hexcel on the year before, so AdvanSix grew faster. AdvanSix kept 3.2% of its revenue as net profit, Hexcel 5.8%. Free cash flow was $6.4M at AdvanSix and $157.2M at Hexcel.

Side by side, latest fiscal year

ASIXHXL
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$1.5B$1.9B
Revenue growth+0.3%-0.5%
Net income$49.3M$109.4M
Net margin3.2%5.8%
Free cash flow$6.4M$157.2M
Free cash flow margin0.4%8.3%
Earnings per share (diluted)$1.80n/a
Cash$19.8M$71M
Debtn/a$993M
Price to earnings8.8n/a
Market value$426.6M$6.5B
Dividend yieldn/a82.69%
Rank by revenue in sector#245 of 451 · Industrials#220 of 451 · Industrials

Over the years

Revenue
ASIX FY2018: $1.5BASIX FY2019: $1.3BASIX FY2020: $1.2BASIX FY2021: $1.7BASIX FY2022: $1.9BASIX FY2023: $1.5BASIX FY2024: $1.5BASIX FY2025: $1.5BHXL FY2018: $2.2BHXL FY2019: $2.4BHXL FY2020: $1.5BHXL FY2021: $1.3BHXL FY2022: $1.6BHXL FY2023: $1.8BHXL FY2024: $1.9BHXL FY2025: $1.9BFY18FY19FY20FY21FY22FY23FY24FY25
ASIX $1.5BHXL $1.9B
Net income
ASIX FY2018: $66.2MASIX FY2019: $41.3MASIX FY2020: $46.1MASIX FY2021: $139.8MASIX FY2022: $171.9MASIX FY2023: $54.6MASIX FY2024: $44.1MASIX FY2025: $49.3MHXL FY2018: $276.6MHXL FY2019: $306.6MHXL FY2020: $31.7MHXL FY2021: $16.1MHXL FY2022: $126.3MHXL FY2023: $105.7MHXL FY2024: $132.1MHXL FY2025: $109.4MFY18FY19FY20FY21FY22FY23FY24FY25
ASIX $49.3MHXL $109.4M
Net margin
ASIX FY2018: 4.4%ASIX FY2019: 3.2%ASIX FY2020: 4.0%ASIX FY2021: 8.3%ASIX FY2022: 8.8%ASIX FY2023: 3.6%ASIX FY2024: 2.9%ASIX FY2025: 3.2%HXL FY2018: 12.6%HXL FY2019: 13.0%HXL FY2020: 2.1%HXL FY2021: 1.2%HXL FY2022: 8.0%HXL FY2023: 5.9%HXL FY2024: 6.9%HXL FY2025: 5.8%FY18FY19FY20FY21FY22FY23FY24FY25
ASIX 3.2%HXL 5.8%
Revenue growth
ASIX FY2019: -14.4%ASIX FY2020: -10.8%ASIX FY2021: +45.5%ASIX FY2022: +15.5%ASIX FY2023: -21.2%ASIX FY2024: -1.0%ASIX FY2025: +0.3%HXL FY2019: +7.6%HXL FY2020: -36.2%HXL FY2021: -11.8%HXL FY2022: +19.1%HXL FY2023: +13.4%HXL FY2024: +6.4%HXL FY2025: -0.5%FY19FY20FY21FY22FY23FY24FY25
ASIX +0.3%HXL -0.5%
Free cash flow
ASIX FY2018: $64.2MASIX FY2019: -$29.9MASIX FY2020: $28.9MASIX FY2021: $162MASIX FY2022: $184.2MASIX FY2023: $10.2MASIX FY2024: $1.7MASIX FY2025: $6.4MHXL FY2018: $237.3MHXL FY2019: $287MHXL FY2020: $213.7MHXL FY2021: $123.8MHXL FY2022: $96.8MHXL FY2023: $148.9MHXL FY2024: $202.9MHXL FY2025: $157.2MFY18FY19FY20FY21FY22FY23FY24FY25
ASIX $6.4MHXL $157.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about AdvanSix and Hexcel

Which is bigger by revenue, AdvanSix or Hexcel?

Hexcel is bigger by revenue: $1.9B in fiscal 2025, against $1.5B for AdvanSix in fiscal 2025.

Which keeps more of its revenue as profit, AdvanSix or Hexcel?

AdvanSix had a net margin of 3.2% in fiscal 2025; Hexcel had 5.8% in fiscal 2025.

Which grew revenue faster, AdvanSix or Hexcel?

In their latest fiscal years revenue changed by +0.3% at AdvanSix and -0.5% at Hexcel.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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