• Hexcel average ebit margin for 2023 was 12.14%, a 29.15% decline from 2022.
• Hexcel average ebit margin for 2022 was 9.4%, a 931.86% increase from 2021.
• Hexcel average ebit margin for 2021 was -1.13%, a 111.63% decline from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues