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

Avient brought in $3.3B of revenue in fiscal 2025, Hexcel $1.9B in fiscal 2025. Revenue changed by +0.6% at Avient and -0.5% at Hexcel on the year before, so Avient grew faster. Avient kept 2.5% of its revenue as net profit, Hexcel 5.8%. Free cash flow was $195M at Avient and $157.2M at Hexcel.

Side by side, latest fiscal year

AVNTHXL
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$3.3B$1.9B
Revenue growth+0.6%-0.5%
Net income$81.9M$109.4M
Net margin2.5%5.8%
Free cash flow$195M$157.2M
Free cash flow margin6.0%8.3%
Earnings per share (diluted)$0.89n/a
Cash$510.5M$71M
Debt$1.9B$993M
Price to earnings46.4n/a
Market value$3.8B$6.5B
Dividend yield2.63%82.69%
Rank by revenue in sector#168 of 451 · Industrials#220 of 451 · Industrials

Over the years

Revenue
AVNT FY2018: $2.9BAVNT FY2019: $2.9BAVNT FY2020: $2.2BAVNT FY2021: $3.3BAVNT FY2022: $3.4BAVNT FY2023: $3.1BAVNT FY2024: $3.2BAVNT FY2025: $3.3BHXL FY2018: $2.2BHXL FY2019: $2.4BHXL FY2020: $1.5BHXL FY2021: $1.3BHXL FY2022: $1.6BHXL FY2023: $1.8BHXL FY2024: $1.9BHXL FY2025: $1.9BFY18FY19FY20FY21FY22FY23FY24FY25
AVNT $3.3BHXL $1.9B
Net income
AVNT FY2018: $159.8MAVNT FY2019: $588.6MAVNT FY2020: $131.6MAVNT FY2021: $230.8MAVNT FY2022: $703.1MAVNT FY2023: $75.7MAVNT FY2024: $169.5MAVNT FY2025: $81.9MHXL FY2018: $276.6MHXL FY2019: $306.6MHXL FY2020: $31.7MHXL FY2021: $16.1MHXL FY2022: $126.3MHXL FY2023: $105.7MHXL FY2024: $132.1MHXL FY2025: $109.4MFY18FY19FY20FY21FY22FY23FY24FY25
AVNT $81.9MHXL $109.4M
Net margin
AVNT FY2018: 5.5%AVNT FY2019: 20.6%AVNT FY2020: 5.9%AVNT FY2021: 7.0%AVNT FY2022: 20.7%AVNT FY2023: 2.4%AVNT FY2024: 5.2%AVNT FY2025: 2.5%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
AVNT 2.5%HXL 5.8%
Revenue growth
AVNT FY2019: -0.6%AVNT FY2020: -22.6%AVNT FY2021: +49.7%AVNT FY2022: +2.5%AVNT FY2023: -7.5%AVNT FY2024: +3.1%AVNT FY2025: +0.6%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
AVNT +0.6%HXL -0.5%
Free cash flow
AVNT FY2018: $177.7MAVNT FY2019: $219.1MAVNT FY2020: $157.9MAVNT FY2021: $133.2MAVNT FY2022: $292.9MAVNT FY2023: $82.2MAVNT FY2024: $134.9MAVNT FY2025: $195MHXL FY2018: $237.3MHXL FY2019: $287MHXL FY2020: $213.7MHXL FY2021: $123.8MHXL FY2022: $96.8MHXL FY2023: $148.9MHXL FY2024: $202.9MHXL FY2025: $157.2MFY18FY19FY20FY21FY22FY23FY24FY25
AVNT $195MHXL $157.2M

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

Questions about Avient and Hexcel

Which is bigger by revenue, Avient or Hexcel?

Avient is bigger by revenue: $3.3B in fiscal 2025, against $1.9B for Hexcel in fiscal 2025.

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

Avient had a net margin of 2.5% in fiscal 2025; Hexcel had 5.8% in fiscal 2025.

Which grew revenue faster, Avient or Hexcel?

In their latest fiscal years revenue changed by +0.6% at Avient 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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