Tecnoglass (TGLS) Financials

$84.19 -0.52 (-0.62%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$84.10 -0.09 (-0.11%)

As of 05/23/2025 05:45 PM Eastern

Annual Income Statements for Tecnoglass

This table shows Tecnoglass' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	161	183	156	68	24	25	9.03	5.45	23	-11
Consolidated Net Income / (Loss)	161	184	156	68	24	24	8.49	5.73	23	-11
Net Income / (Loss) Continuing Operations	161	184	156	68	24	24	8.49	5.73	23	-11
Total Pre-Tax Income	225	261	231	97	37	37	14	12	39	9.67
Total Operating Income	227	260	226	117	66	59	47	34	48	40
Total Gross Profit	380	391	349	203	139	136	120	99	113	89
Total Revenue	890	833	717	497	377	431	371	314	305	242
Operating Revenue	890	833	717	497	377	431	371	314	305	242
Total Cost of Revenue	510	442	367	294	237	295	251	215	192	153
Operating Cost of Revenue	510	442	367	294	237	295	251	215	192	151
Total Operating Expenses	153	131	123	86	74	77	73	65	65	50
Selling, General & Admin Expense	153	131	123	86	74	77	73	65	65	50
Total Other Income / (Expense), net	-1.84	1.65	4.76	-20	-29	-22	-33	-23	-8.60	-30
Interest Expense	7.43	9.18	8.16	21	22	23	21	23	17	9.27
Other Income / (Expense), net	5.59	11	13	0.48	-8.55	0.59	-12	0.16	8.22	-21
Income Tax Expense	64	78	75	28	13	13	5.98	5.79	16	21
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.63	0.67	0.28	-0.03	-0.27	-0.55	0.28	0.00	0.00
Basic Earnings per Share	$3.43	$3.85	$3.27	$1.43	$0.51	$0.55	$0.22	$0.16	$0.71	($0.38)
Weighted Average Basic Shares Outstanding	47.00M	47.51M	47.67M	47.67M	46.40M	44.46M	39.09M	36.84M	32.86M	29.08M
Diluted Earnings per Share	$3.43	$3.85	$3.27	$1.43	$0.51	$0.55	$0.21	$0.15	$0.69	($0.38)
Weighted Average Diluted Shares Outstanding	47.00M	47.51M	47.67M	47.67M	46.40M	44.46M	39.49M	37.39M	33.42M	29.08M
Weighted Average Basic & Diluted Shares Outstanding	46.99M	47.00M	47.67M	47.67M	47.67M	46.12M	38.09M	34.84M	30.90M	26.20M

This table shows Tecnoglass' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	42	47	50	35	30	36	46	52	48	55	47
Consolidated Net Income / (Loss)	42	47	50	35	30	36	46	53	48	55	47
Net Income / (Loss) Continuing Operations	42	47	50	35	30	36	46	53	48	55	47
Total Pre-Tax Income	60	67	70	48	41	51	62	76	73	82	70
Total Operating Income	59	67	68	51	41	51	61	75	74	77	70
Total Gross Profit	98	107	109	90	75	83	91	110	108	110	105
Total Revenue	222	240	238	220	193	195	211	225	203	211	202
Operating Revenue	222	240	238	220	193	195	211	225	203	211	202
Total Cost of Revenue	125	133	129	130	118	112	120	116	95	101	96
Operating Cost of Revenue	125	133	129	130	118	112	120	116	95	101	96
Total Operating Expenses	38	39	42	38	34	32	30	35	34	33	35
Selling, General & Admin Expense	42	39	42	38	34	32	30	35	34	33	35
Other Operating Expenses / (Income)	-4.28	-	-	-	-	-	-	-	-	-	-
Total Other Income / (Expense), net	0.52	0.09	1.82	-3.61	-0.13	0.45	0.53	1.31	-0.64	4.84	-0.24
Interest Expense	1.33	1.51	1.81	2.01	2.11	2.26	2.33	2.32	2.27	2.72	2.25
Other Income / (Expense), net	1.85	1.60	3.63	-1.61	1.97	2.71	2.86	3.63	1.64	13	0.18
Income Tax Expense	18	20	20	12	11	15	15	23	25	27	23
Basic Earnings per Share	$0.90	$1.00	$1.05	$0.75	$0.63	$0.78	$0.96	$1.10	$1.01	$1.15	$0.98
Weighted Average Basic Shares Outstanding	46.99M	47.00M	47.00M	47.00M	47.00M	47.51M	47.60M	47.65M	47.67M	47.67M	47.67M
Diluted Earnings per Share	$0.90	$1.00	$1.05	$0.75	$0.63	$0.78	$0.96	$1.10	$1.01	$1.15	$0.98
Weighted Average Diluted Shares Outstanding	46.99M	47.00M	47.00M	47.00M	47.00M	47.51M	47.60M	47.65M	47.67M	47.67M	47.67M
Weighted Average Basic & Diluted Shares Outstanding	46.99M	46.99M	47.00M	47.00M	47.00M	47.00M	47.10M	47.67M	47.67M	47.67M	47.67M

This table details how cash moves in and out of Tecnoglass' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	5.37	26	19	17	19	15	-7.88	14	4.25	3.35
Net Cash From Operating Activities	171	139	142	117	72	26	-5.03	14	-3.09	2.51
Net Cash From Continuing Operating Activities	171	139	142	117	72	26	-5.03	14	-3.09	2.51
Net Income / (Loss) Continuing Operations	161	184	156	68	24	24	8.49	5.73	23	-11
Consolidated Net Income / (Loss)	161	184	156	68	24	24	8.49	5.73	23	-11
Depreciation Expense	26	22	20	21	21	23	23	21	16	12
Non-Cash Adjustments To Reconcile Net Income	13	-28	14	21	9.36	9.77	1.67	-0.04	-7.66	1.69
Changes in Operating Assets and Liabilities, net	-30	-39	-48	6.44	18	-31	-38	-14	-34	-0.62
Net Cash From Investing Activities	-77	-76	-73	-51	-18	-59	-19	-15	-25	-9.40
Net Cash From Continuing Investing Activities	-77	-76	-73	-51	-18	-59	-19	-15	-25	-9.40
Purchase of Property, Plant & Equipment	-80	-78	-71	-52	-18	-25	-13	-7.03	-23	-15
Purchase of Investments	-0.43	-0.34	-1.26	-0.06	-0.27	-1.68	-1.18	-0.60	-27	-0.88
Sale and/or Maturity of Investments	2.70	2.28	0.00	0.69	0.47	1.60	1.58	0.57	24	1.91
Net Cash From Financing Activities	-85	-43	-45	-44	-34	48	17	15	32	9.51
Net Cash From Continuing Financing Activities	-85	-43	-45	-44	-34	48	17	15	32	9.51
Repayment of Debt	-65	0.00	-32	-260	-71	-30	-8.86	-205	-163	-102
Repurchase of Common Equity	-0.29	-24	0.00	0.00	-	-	-	-	-	-
Payment of Dividends	-20	-16	-13	-5.24	-3.80	-5.23	-2.71	-2.47	-3.00	-1.41
Issuance of Debt	2.53	0.20	0.05	221	41	47	29	223	196	113
Other Financing Activities, net	-2.50	-3.00	0.00	0.00	-	-	-	0.00	1.20	0.00
Effect of Exchange Rate Changes	-3.32	5.80	-5.88	-5.36	-0.80	-0.03	-1.15	-0.04	0.50	0.72
Cash Interest Paid	9.98	12	6.42	16	19	20	18	16	8.70	6.92
Cash Income Taxes Paid	87	107	27	13	11	12	8.40	18	26	13

This table details how cash moves in and out of Tecnoglass' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	22	13	-4.72	-9.08	6.37	11	14	-24	25	19	-14
Net Cash From Operating Activities	47	61	41	34	33	44	51	0.15	43	50	29
Net Cash From Continuing Operating Activities	47	61	41	34	33	44	51	0.15	43	50	29
Net Income / (Loss) Continuing Operations	42	47	50	35	30	36	46	53	48	55	47
Consolidated Net Income / (Loss)	42	47	50	35	30	36	46	53	48	55	47
Depreciation Expense	7.34	6.74	6.94	6.48	6.31	6.04	5.93	5.15	4.77	4.60	4.63
Non-Cash Adjustments To Reconcile Net Income	-12	9.48	2.69	5.02	-4.11	-2.64	-11	-13	-1.12	5.24	8.41
Changes in Operating Assets and Liabilities, net	9.04	-2.11	-18	-12	1.51	4.47	10	-44	-8.96	-15	-31
Net Cash From Investing Activities	-18	-26	-24	-18	-10	-14	-24	-22	-16	-24	-21
Net Cash From Continuing Investing Activities	-18	-26	-24	-18	-10	-14	-24	-22	-16	-24	-21
Purchase of Property, Plant & Equipment	-30	-26	-24	-20	-9.89	-16	-24	-22	-16	-25	-21
Purchase of Investments	-0.07	-0.11	0.00	-0.01	-0.31	-0.04	-0.11	-0.06	-0.13	0.03	-0.35
Sale of Property, Plant & Equipment	12	-	-	-	-	-	-	-	-	-	-
Net Cash From Financing Activities	-7.44	-21	-23	-24	-17	-22	-13	-4.55	-3.29	-3.56	-20
Net Cash From Continuing Financing Activities	-7.44	-21	-23	-24	-17	-22	-13	-4.55	-3.29	-3.56	-20
Repayment of Debt	-3.88	-16	-18	-16	-15	-	0.01	-0.01	0.00	0.02	-17
Repurchase of Common Equity	-0.12	-0.28	-0.01	-	-	-15	-8.83	-	-	-	-
Payment of Dividends	-7.05	-5.17	-5.17	-5.17	-4.24	-4.27	-4.29	-4.29	-3.58	-3.58	-3.10
Issuance of Debt	3.62	-0.13	0.09	-0.20	2.77	0.09	0.01	-0.19	0.29	-0.01	-0.18
Effect of Exchange Rate Changes	1.15	-	-	-	-0.20	1.55	-	-	-	-	-
Cash Interest Paid	1.70	1.93	2.49	2.73	2.83	3.08	2.99	2.84	2.72	2.29	1.75
Cash Income Taxes Paid	12	8.65	18	46	14	12	12	56	26	1.81	18

This table presents Tecnoglass' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	1,017	963	734	592	530	570	490	468	395	321
Total Current Assets	560	536	432	326	285	323	293	262	211	171
Cash & Equivalents	135	130	104	85	68	48	33	41	27	23
Short-Term Investments	2.65	2.91	2.05	1.98	2.39	2.30	1.16	1.68	1.54	1.47
Accounts Receivable	206	168	160	113	92	119	101	129	110	87
Inventories, net	140	159	125	85	81	83	92	72	55	49
Other Current Assets	77	76	42	42	42	71	66	18	16	7.80
Plant, Property, & Equipment, net	344	325	203	167	152	155	149	169	171	136
Total Noncurrent Assets	112	102	99	36	92	92	47	37	13	14
Long-Term Investments	63	61	58	-	48	46	0.00	-	-	-
Goodwill	24	24	24	24	24	24	24	23	1.33	1.33
Intangible Assets	4.39	3.48	2.71	3.34	5.11	6.70	9.01	12	4.56	3.34
Noncurrent Deferred & Refundable Income Taxes	0.29	0.17	0.56	0.60	0.27	4.60	4.77	0.10	-	0.64
Other Noncurrent Operating Assets	21	15	13	4.16	13	9.97	9.84	2.65	7.31	6.42
Total Liabilities & Shareholders' Equity	1,017	963	734	592	530	570	490	468	395	321
Total Liabilities	385	415	384	347	322	382	357	346	281	284
Total Current Liabilities	266	236	210	155	94	129	123	121	78	134
Short-Term Debt	1.09	7.00	0.50	11	1.76	16	22	32	2.65	18
Accounts Payable	99	83	90	72	47	66	67	56	43	40
Dividends Payable	7.07	4.27	3.62	3.14	1.35	0.07	0.74	0.59	3.49	0.00
Other Current Liabilities	159	142	115	24	37	39	26	1.55	-	45
Total Noncurrent Liabilities	120	179	174	192	228	253	234	225	203	150
Long-Term Debt	108	163	169	188	223	252	229	221	197	121
Noncurrent Deferred & Payable Income Tax Liabilities	11	16	5.19	3.42	3.17	0.41	2.71	2.32	3.52	3.38
Other Noncurrent Operating Liabilities	0.00	-	0.01	-	0.98	0.81	2.04	0.00	-	20
Total Equity & Noncontrolling Interests	631	548	350	245	209	187	133	122	114	38
Total Preferred & Common Equity	631	548	349	244	208	187	132	120	114	38
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	631	548	349	242	208	187	132	120	114	38
Common Stock	192	192	219	219	219	208	158	125	115	46
Retained Earnings	539	400	234	91	30	16	10	22	27	22
Accumulated Other Comprehensive Income / (Loss)	-101	-46	-106	-69	-44	-39	-37	-29	-29	-31
Other Equity Adjustments	1.46	1.46	1.46	-	2.27	1.37	1.37	1.37	1.37	1.37

This table presents Tecnoglass' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	1,138	996	942	982	939	892	819	678
Total Current Assets	637	547	517	550	537	528	501	392
Cash & Equivalents	157	122	127	136	119	105	129	84
Short-Term Investments	2.86	2.69	2.70	2.90	2.48	2.37	2.14	2.21
Accounts Receivable	227	211	180	172	176	188	167	135
Inventories, net	156	143	132	144	166	162	143	123
Other Current Assets	93	68	74	94	74	71	59	47
Plant, Property, & Equipment, net	388	341	324	329	299	267	224	184
Total Noncurrent Assets	114	108	102	103	103	98	36	102
Long-Term Investments	65	62	60	62	62	60	-	57
Noncurrent Note & Lease Receivables	1.55	-	-	-	0.00	0.00	0.00	4.14
Goodwill	24	24	24	24	24	24	24	24
Intangible Assets	4.86	3.88	3.59	3.31	3.25	2.53	2.61	2.83
Noncurrent Deferred & Refundable Income Taxes	0.43	0.28	0.24	0.27	0.11	0.11	0.16	2.90
Other Noncurrent Operating Assets	19	19	14	14	14	11	9.30	11
Total Liabilities & Shareholders' Equity	1,138	996	942	982	939	892	819	678
Total Liabilities	453	383	368	408	420	415	419	365
Total Current Liabilities	329	247	213	236	239	235	244	193
Short-Term Debt	0.63	1.82	2.20	3.34	3.13	0.65	0.82	0.43
Accounts Payable	123	100	100	79	108	114	87	92
Dividends Payable	7.07	5.20	5.20	5.20	4.32	4.34	4.33	3.62
Other Current Liabilities	198	141	106	148	123	116	94	97
Total Noncurrent Liabilities	124	136	155	172	181	180	175	172
Long-Term Debt	108	123	140	155	167	169	169	168
Noncurrent Deferred & Payable Income Tax Liabilities	15	13	15	18	14	11	5.73	3.94
Other Noncurrent Operating Liabilities	0.65	-	-	0.00	0.01	0.01	-	0.01
Total Equity & Noncontrolling Interests	685	613	575	574	519	478	400	313
Total Preferred & Common Equity	685	613	575	574	517	476	399	312
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	685	613	575	574	517	476	397	312
Common Stock	192	192	192	192	210	219	219	219
Retained Earnings	574	499	454	425	368	326	278	183
Accumulated Other Comprehensive Income / (Loss)	-82	-79	-73	-45	-62	-71	-100	-92
Other Equity Adjustments	1.46	1.46	1.46	1.46	1.46	1.46	-	1.46

This table displays calculated financial ratios and metrics derived from Tecnoglass' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	6.83%	16.29%	44.24%	31.91%	-12.60%	16.15%	17.98%	3.09%	25.92%	22.68%
EBITDA Growth	-11.42%	12.92%	87.17%	77.92%	-5.31%	39.68%	3.72%	-20.80%	127.92%	-11.50%
EBIT Growth	-14.04%	13.06%	103.75%	105.50%	-3.79%	66.64%	3.25%	-38.42%	195.94%	-29.70%
NOPAT Growth	-10.81%	19.03%	85.46%	94.43%	10.71%	38.57%	62.13%	-39.55%	162.63%	-414.38%
Net Income Growth	-12.10%	17.32%	128.58%	187.02%	-1.76%	185.99%	48.23%	-75.30%	310.34%	-215.87%
EPS Growth	-10.91%	17.74%	128.67%	180.39%	-7.27%	161.90%	40.00%	-78.26%	281.58%	-211.76%
Operating Cash Flow Growth	22.84%	-2.18%	21.04%	63.51%	179.42%	610.12%	-135.41%	560.58%	-222.86%	152.20%
Free Cash Flow Firm Growth	1,023.87%	-85.68%	-18.22%	29.26%	193.83%	194.97%	131.30%	71.60%	-51.10%	-1,191.49%
Invested Capital Growth	3.30%	47.08%	21.21%	-8.54%	-11.66%	2.60%	5.24%	16.64%	91.02%	22.64%
Revenue Q/Q Growth	5.32%	-1.94%	12.44%	5.92%	-21.93%	35.12%	3.80%	1.29%	3.75%	11.52%
EBITDA Q/Q Growth	6.66%	-10.62%	27.44%	1.88%	14.73%	30.21%	-11.62%	1.91%	5.66%	-16.61%
EBIT Q/Q Growth	7.13%	-11.80%	30.90%	2.12%	22.06%	47.71%	-18.56%	-2.95%	6.86%	-33.69%
NOPAT Q/Q Growth	7.11%	-7.89%	23.14%	17.26%	8.41%	17.22%	5.06%	-10.42%	4.06%	-2,212.07%
Net Income Q/Q Growth	6.99%	-9.22%	29.13%	2.49%	46.68%	162.17%	-39.69%	-23.50%	14.14%	-918.72%
EPS Q/Q Growth	6.85%	-8.77%	28.74%	2.88%	41.67%	175.00%	-41.67%	-25.00%	-5.48%	-1,050.00%
Operating Cash Flow Q/Q Growth	10.92%	-3.80%	21.80%	3.29%	6.30%	87.71%	-14.58%	142.00%	-109.54%	-87.04%
Free Cash Flow Firm Q/Q Growth	37.41%	-55.64%	7.06%	55.14%	-38.69%	920.38%	1,003.99%	13.61%	13.24%	1.33%
Invested Capital Q/Q Growth	-1.81%	3.66%	5.29%	-1.58%	7.38%	-8.66%	-2.16%	0.51%	3.06%	19.07%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	42.68%	46.92%	48.77%	40.78%	37.03%	31.52%	32.40%	31.54%	36.93%	36.90%
EBITDA Margin	29.10%	35.10%	36.15%	27.86%	20.65%	19.06%	15.85%	18.03%	23.47%	12.97%
Operating Margin	25.50%	31.17%	31.60%	23.55%	17.45%	13.65%	12.72%	10.93%	15.69%	16.34%
EBIT Margin	26.13%	32.47%	33.40%	23.64%	15.18%	13.79%	9.61%	10.98%	18.38%	7.82%
Profit (Net Income) Margin	18.12%	22.02%	21.83%	13.77%	6.33%	5.63%	2.29%	1.82%	7.60%	-4.55%
Tax Burden Percent	71.64%	70.20%	67.66%	70.61%	64.66%	65.24%	58.68%	49.70%	59.05%	-113.95%
Interest Burden Percent	96.80%	96.61%	96.59%	82.51%	64.51%	62.61%	40.57%	33.36%	70.01%	51.05%
Effective Tax Rate	28.36%	29.80%	32.34%	29.39%	35.34%	34.76%	41.32%	50.30%	40.95%	213.95%
Return on Invested Capital (ROIC)	30.23%	41.02%	46.65%	26.58%	12.28%	10.58%	7.93%	5.40%	12.71%	-32.54%
ROIC Less NNEP Spread (ROIC-NNEP)	32.79%	15.71%	57.07%	9.74%	-0.31%	3.61%	-0.73%	-0.32%	9.25%	2.74%
Return on Net Nonoperating Assets (RNNOA)	-2.87%	-0.16%	5.92%	3.61%	-0.23%	4.57%	-1.27%	-0.54%	17.91%	6.31%
Return on Equity (ROE)	27.36%	40.86%	52.57%	30.20%	12.05%	15.15%	6.66%	4.87%	30.63%	-26.24%
Cash Return on Invested Capital (CROIC)	26.98%	2.91%	27.47%	35.50%	24.66%	8.01%	2.82%	-9.95%	-49.84%	-52.87%
Operating Return on Assets (OROA)	23.50%	31.89%	36.10%	20.94%	10.39%	11.21%	7.44%	8.00%	15.66%	6.62%
Return on Assets (ROA)	16.30%	21.63%	23.59%	12.20%	4.34%	4.58%	1.77%	1.33%	6.47%	-3.85%
Return on Common Equity (ROCE)	27.36%	40.79%	52.17%	29.95%	12.01%	15.08%	6.60%	4.84%	30.63%	-26.24%
Return on Equity Simple (ROE_SIMPLE)	25.56%	33.49%	44.84%	28.06%	11.46%	13.01%	6.41%	4.76%	20.41%	-29.14%
Net Operating Profit after Tax (NOPAT)	163	182	153	83	42	38	28	17	28	-45
NOPAT Margin	18.27%	21.88%	21.38%	16.63%	11.28%	8.91%	7.46%	5.43%	9.26%	-18.62%
Net Nonoperating Expense Percent (NNEP)	-2.56%	25.30%	-10.42%	16.85%	12.58%	6.96%	8.66%	5.72%	3.46%	-35.28%
Return On Investment Capital (ROIC_SIMPLE)	21.96%	25.40%	29.47%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	57.32%	53.08%	51.23%	59.22%	62.97%	68.48%	67.60%	68.46%	63.07%	63.10%
SG&A Expenses to Revenue	17.18%	15.74%	17.18%	17.23%	19.58%	17.87%	19.68%	20.61%	21.24%	20.55%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	17.18%	15.74%	17.18%	17.23%	19.58%	17.87%	19.68%	20.61%	21.24%	20.55%
Earnings before Interest and Taxes (EBIT)	233	271	239	117	57	59	36	35	56	19
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	259	292	259	138	78	82	59	57	72	31
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.91	3.90	4.14	5.04	1.53	1.91	2.02	1.76	2.56	7.48
Price to Tangible Book Value (P/TBV)	6.18	4.10	4.47	5.67	1.78	2.28	2.68	2.47	2.70	8.54
Price to Revenue (P/Rev)	4.19	2.56	2.01	2.45	0.85	0.83	0.72	0.67	0.95	1.17
Price to Earnings (P/E)	23.11	11.68	9.27	17.87	13.36	14.52	29.56	38.79	12.56	0.00
Dividend Yield	0.61%	0.79%	0.93%	0.58%	1.64%	7.16%	7.87%	8.58%	2.59%	0.00%
Earnings Yield	4.33%	8.56%	10.79%	5.60%	7.49%	6.89%	3.38%	2.58%	7.96%	0.00%
Enterprise Value to Invested Capital (EV/IC)	6.65	3.99	4.03	4.48	1.32	1.44	1.35	1.24	1.58	2.60
Enterprise Value to Revenue (EV/Rev)	4.08	2.54	2.02	2.68	1.13	1.23	1.31	1.35	1.52	1.64
Enterprise Value to EBITDA (EV/EBITDA)	14.04	7.23	5.60	9.62	5.49	6.44	8.24	7.47	6.46	12.67
Enterprise Value to EBIT (EV/EBIT)	15.63	7.81	6.06	11.33	7.47	8.91	13.59	12.26	8.25	21.00
Enterprise Value to NOPAT (EV/NOPAT)	22.36	11.59	9.47	16.11	10.05	13.80	17.49	24.79	16.36	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	21.32	15.22	10.22	11.35	5.95	20.63	0.00	29.80	0.00	158.45
Enterprise Value to Free Cash Flow (EV/FCFF)	25.05	163.62	16.08	12.06	5.00	18.23	49.20	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.17	0.31	0.48	0.81	1.08	1.43	1.88	2.08	1.76	3.68
Long-Term Debt to Equity	0.17	0.30	0.48	0.77	1.07	1.35	1.72	1.82	1.73	3.21
Financial Leverage	-0.09	-0.01	0.10	0.37	0.75	1.26	1.74	1.69	1.94	2.30
Leverage Ratio	1.68	1.89	2.23	2.47	2.78	3.31	3.76	3.67	4.73	6.81
Compound Leverage Factor	1.62	1.83	2.15	2.04	1.79	2.07	1.52	1.22	3.31	3.48
Debt to Total Capital	14.76%	23.68%	32.61%	44.86%	51.91%	58.90%	65.31%	67.55%	63.74%	78.62%
Short-Term Debt to Total Capital	0.15%	0.98%	0.10%	2.41%	0.41%	3.53%	5.63%	8.60%	0.85%	9.93%
Long-Term Debt to Total Capital	14.61%	22.70%	32.51%	42.45%	51.51%	55.37%	59.68%	58.94%	62.89%	68.69%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.29%	0.19%	0.13%	0.13%	0.23%	0.38%	0.00%	0.00%
Common Equity to Total Capital	85.24%	76.32%	67.11%	54.44%	47.96%	40.97%	34.46%	32.07%	36.26%	21.38%
Debt to EBITDA	0.42	0.58	0.65	1.44	2.89	3.27	4.27	4.47	2.79	4.43
Net Debt to EBITDA	-0.35	-0.08	0.02	0.81	1.38	2.10	3.68	3.72	2.39	3.66
Long-Term Debt to EBITDA	0.42	0.56	0.65	1.36	2.87	3.07	3.90	3.90	2.75	3.87
Debt to NOPAT	0.67	0.93	1.11	2.41	5.30	6.99	9.06	14.83	7.06	-3.08
Net Debt to NOPAT	-0.56	-0.13	0.04	1.36	2.53	4.50	7.82	12.33	6.06	-2.55
Long-Term Debt to NOPAT	0.67	0.89	1.10	2.28	5.26	6.57	8.28	12.94	6.97	-2.69
Altman Z-Score	8.52	5.84	5.12	4.16	2.17	2.11	1.90	1.71	2.36	1.78
Noncontrolling Interest Sharing Ratio	0.00%	0.17%	0.78%	0.81%	0.29%	0.46%	0.90%	0.60%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.11	2.27	2.06	2.10	3.03	2.50	2.39	2.16	2.69	1.28
Quick Ratio	1.29	1.27	1.27	1.29	1.72	1.31	1.10	1.41	1.77	0.83
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	145	13	90	110	85	29	9.85	-31	-111	-73
Operating Cash Flow to CapEx	214.34%	178.07%	198.97%	228.19%	391.50%	102.85%	-38.35%	202.21%	-13.88%	24.07%
Free Cash Flow to Firm to Interest Expense	19.53	1.41	11.06	5.37	3.94	1.27	0.46	-1.37	-6.59	-7.90
Operating Cash Flow to Interest Expense	22.94	15.13	17.40	5.71	3.31	1.13	-0.24	0.62	-0.18	0.27
Operating Cash Flow Less CapEx to Interest Expense	12.24	6.63	8.66	3.21	2.46	0.03	-0.86	0.31	-1.51	-0.85
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.90	0.98	1.08	0.89	0.68	0.81	0.77	0.73	0.85	0.85
Accounts Receivable Turnover	4.77	5.09	5.26	4.86	3.58	3.92	3.23	2.63	3.10	3.02
Inventory Turnover	3.42	3.11	3.50	3.54	2.89	3.38	3.07	3.40	3.71	3.93
Fixed Asset Turnover	2.66	3.16	3.88	3.11	2.45	2.84	2.33	1.85	1.99	2.02
Accounts Payable Turnover	5.62	5.11	4.53	4.97	4.20	4.43	4.07	4.36	4.64	4.06
Days Sales Outstanding (DSO)	76.57	71.78	69.44	75.07	101.85	93.02	113.14	138.64	117.90	120.86
Days Inventory Outstanding (DIO)	106.85	117.20	104.39	103.11	126.17	107.95	118.99	107.45	98.51	92.77
Days Payable Outstanding (DPO)	64.97	71.37	80.61	73.51	86.84	82.44	89.64	83.76	78.73	89.89
Cash Conversion Cycle (CCC)	118.45	117.62	93.22	104.67	141.18	118.54	142.50	162.32	137.67	123.74
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	547	529	360	297	325	367	358	340	292	153
Invested Capital Turnover	1.65	1.87	2.18	1.60	1.09	1.19	1.06	1.00	1.37	1.75
Increase / (Decrease) in Invested Capital	17	169	63	-28	-43	9.33	18	49	139	28
Enterprise Value (EV)	3,636	2,113	1,450	1,331	427	529	484	423	462	398
Market Capitalization	3,728	2,136	1,443	1,218	319	356	267	211	291	283
Book Value per Share	$13.43	$11.64	$7.32	$5.07	$4.36	$4.10	$3.53	$3.51	$3.77	$1.42
Tangible Book Value per Share	$12.84	$11.06	$6.77	$4.50	$3.76	$3.43	$2.66	$2.50	$3.57	$1.24
Total Capital	740	718	520	444	434	456	384	375	313	177
Total Debt	109	170	169	199	225	268	251	253	200	139
Total Long-Term Debt	108	163	169	188	223	252	229	221	197	121
Net Debt	-91	-23	5.93	112	108	173	217	211	171	115
Capital Expenditures (CapEx)	80	78	71	51	18	25	13	7.03	22	10
Debt-free, Cash-free Net Working Capital (DFCFNWC)	158	174	117	95	123	160	158	130	107	31
Debt-free Net Working Capital (DFNWC)	295	307	223	182	193	210	192	173	135	55
Net Working Capital (NWC)	294	300	222	171	191	194	171	140	132	37
Net Nonoperating Expense (NNE)	1.32	-1.16	-3.22	14	19	14	19	11	5.08	-34
Net Nonoperating Obligations (NNO)	-84	-19	9.55	52	116	180	225	219	178	115
Total Depreciation and Amortization (D&A)	26	22	20	21	21	23	23	22	16	12
Debt-free, Cash-free Net Working Capital to Revenue	17.72%	20.94%	16.34%	19.12%	32.61%	37.07%	42.65%	41.37%	34.93%	12.67%
Debt-free Net Working Capital to Revenue	33.17%	36.83%	31.10%	36.63%	51.21%	48.72%	51.86%	54.92%	44.26%	22.64%
Net Working Capital to Revenue	33.05%	35.99%	31.03%	34.47%	50.74%	44.98%	46.04%	44.66%	43.39%	15.38%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.43	$3.85	$3.28	$1.43	$0.52	$0.55	$0.23	$0.16	$0.79	($0.50)
Adjusted Weighted Average Basic Shares Outstanding	47.00M	47.51M	47.67M	47.67M	46.40M	44.46M	37.51M	34.82M	29.23M	25.45M
Adjusted Diluted Earnings per Share	$3.43	$3.85	$3.28	$1.43	$0.52	$0.55	$0.22	$0.16	$0.77	($0.50)
Adjusted Weighted Average Diluted Shares Outstanding	47.00M	47.51M	47.67M	47.67M	46.40M	44.46M	38.06M	35.32M	30.25M	28.95M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	46.99M	47.00M	47.67M	47.67M	47.67M	46.12M	38.09M	34.84M	33.17M	26.91M
Normalized Net Operating Profit after Tax (NOPAT)	163	182	153	83	42	38	28	24	28	28
Normalized NOPAT Margin	18.27%	21.88%	21.38%	16.63%	11.28%	8.91%	7.46%	7.65%	9.26%	11.44%
Pre Tax Income Margin	25.29%	31.37%	32.26%	19.51%	9.79%	8.63%	3.90%	3.66%	12.87%	3.99%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	31.29	29.48	29.34	5.72	2.64	2.60	1.68	1.50	3.33	2.04
NOPAT to Interest Expense	21.88	19.87	18.78	4.02	1.96	1.68	1.31	0.74	1.68	-4.86
EBIT Less CapEx to Interest Expense	20.59	20.99	20.60	3.22	1.79	1.51	1.06	1.20	2.01	0.92
NOPAT Less CapEx to Interest Expense	11.18	11.37	10.04	1.52	1.12	0.59	0.69	0.44	0.36	-5.99
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	12.24%	8.95%	8.23%	7.66%	15.94%	21.54%	31.98%	43.16%	12.96%	-12.79%
Augmented Payout Ratio	12.42%	21.78%	8.23%	7.66%	15.94%	21.54%	31.98%	43.16%	12.96%	-12.79%

This table displays calculated financial ratios and metrics derived from Tecnoglass' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	15.40%	23.11%	13.09%	-2.50%	-4.94%	-7.82%	4.44%	33.20%	50.61%	60.16%	53.26%
EBITDA Growth	38.96%	27.27%	12.14%	-32.76%	-38.43%	-36.94%	-6.87%	56.07%	118.51%	145.71%	112.23%
EBIT Growth	42.30%	29.04%	11.68%	-36.61%	-42.91%	-40.45%	-9.17%	62.27%	139.87%	171.34%	132.72%
NOPAT Growth	40.22%	29.86%	5.56%	-27.03%	-38.87%	-30.28%	-2.95%	63.49%	116.04%	123.82%	125.15%
Net Income Growth	41.91%	28.89%	7.46%	-33.36%	-38.54%	-33.83%	-1.76%	57.32%	130.86%	177.79%	127.13%
EPS Growth	42.86%	28.21%	9.38%	-31.82%	-37.62%	-32.17%	-2.04%	57.14%	129.55%	173.81%	127.91%
Operating Cash Flow Growth	40.22%	37.85%	-19.14%	22,746.36%	-22.33%	-11.00%	76.19%	-99.58%	58.70%	103.98%	-11.05%
Free Cash Flow Firm Growth	101.38%	122.13%	101.66%	90.51%	-1,168.27%	-1,098.60%	-1,873.36%	-812.69%	-462.70%	-121.85%	-67.81%
Invested Capital Growth	7.48%	3.30%	9.05%	10.01%	39.72%	47.08%	49.40%	51.72%	17.97%	21.21%	13.31%
Revenue Q/Q Growth	-7.21%	0.52%	8.50%	14.03%	-1.02%	-7.66%	-6.45%	11.17%	-4.02%	4.63%	19.31%
EBITDA Q/Q Growth	-9.23%	-3.55%	39.76%	13.58%	-17.57%	-15.02%	-16.19%	3.99%	-14.86%	25.50%	40.44%
EBIT Q/Q Growth	-11.00%	-3.62%	44.01%	15.19%	-20.06%	-16.58%	-18.26%	3.74%	-15.81%	27.23%	46.03%
NOPAT Q/Q Growth	-10.93%	-2.66%	27.99%	26.37%	-17.51%	-20.88%	-11.53%	5.86%	-5.91%	10.14%	49.03%
Net Income Q/Q Growth	-10.27%	-5.09%	41.42%	17.82%	-18.50%	-20.86%	-12.31%	8.67%	-12.25%	17.48%	40.43%
EPS Q/Q Growth	-10.00%	-4.76%	40.00%	19.05%	-18.18%	-18.75%	-12.73%	8.91%	-12.17%	17.35%	40.00%
Operating Cash Flow Q/Q Growth	-23.28%	47.43%	20.18%	3.14%	-24.57%	-13.52%	33,854.97%	-99.65%	-13.57%	71.20%	-18.85%
Free Cash Flow Firm Q/Q Growth	-94.24%	1,344.51%	118.97%	91.23%	7.97%	-8.22%	-8.60%	-1,072.57%	13.02%	-260.11%	-56.35%
Invested Capital Q/Q Growth	5.43%	-1.81%	4.54%	-0.69%	1.33%	3.66%	5.46%	26.13%	6.67%	5.29%	7.10%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	43.87%	44.45%	45.83%	40.78%	38.76%	42.64%	42.96%	48.68%	53.18%	52.22%	52.18%
EBITDA Margin	30.82%	31.51%	32.84%	25.50%	25.60%	30.48%	33.12%	36.97%	39.52%	44.55%	37.14%
Operating Margin	26.69%	28.03%	28.40%	23.28%	21.30%	25.99%	28.95%	33.07%	36.36%	36.39%	34.76%
EBIT Margin	27.52%	28.69%	29.93%	22.55%	22.32%	27.38%	30.31%	34.68%	37.17%	42.37%	34.85%
Profit (Net Income) Margin	18.98%	19.62%	20.78%	15.95%	15.43%	18.74%	21.87%	23.33%	23.87%	26.11%	23.25%
Tax Burden Percent	70.49%	69.93%	71.26%	73.71%	72.71%	71.50%	74.90%	69.34%	66.22%	67.50%	67.14%
Interest Burden Percent	97.82%	97.80%	97.46%	95.95%	95.10%	95.76%	96.36%	97.03%	96.98%	91.29%	99.39%
Effective Tax Rate	29.51%	30.07%	28.74%	26.29%	27.29%	28.50%	25.10%	30.66%	33.78%	32.50%	32.86%
Return on Invested Capital (ROIC)	31.10%	32.43%	32.05%	27.60%	27.71%	34.82%	43.23%	48.00%	53.28%	53.60%	46.22%
ROIC Less NNEP Spread (ROIC-NNEP)	30.60%	32.31%	28.08%	42.53%	28.06%	27.85%	47.29%	52.73%	50.47%	64.18%	45.87%
Return on Net Nonoperating Assets (RNNOA)	-3.55%	-2.83%	-1.62%	-1.44%	-1.55%	-0.28%	1.11%	2.65%	2.24%	6.66%	7.81%
Return on Equity (ROE)	27.56%	29.60%	30.43%	26.15%	26.15%	34.54%	44.35%	50.65%	55.51%	60.26%	54.03%
Cash Return on Invested Capital (CROIC)	24.17%	26.98%	19.79%	19.85%	2.35%	2.91%	6.83%	8.56%	34.10%	27.47%	26.19%
Operating Return on Assets (OROA)	23.89%	25.81%	26.14%	20.10%	20.41%	26.88%	31.85%	37.68%	40.36%	45.80%	35.47%
Return on Assets (ROA)	16.47%	17.65%	18.15%	14.21%	14.11%	18.41%	22.99%	25.35%	25.92%	28.22%	23.67%
Return on Common Equity (ROCE)	27.56%	29.60%	30.38%	26.11%	26.07%	34.48%	44.17%	50.46%	55.18%	59.79%	53.82%
Return on Equity Simple (ROE_SIMPLE)	25.36%	0.00%	24.58%	25.63%	28.74%	0.00%	39.07%	42.65%	46.10%	0.00%	38.82%
Net Operating Profit after Tax (NOPAT)	42	47	48	38	30	36	46	52	49	52	47
NOPAT Margin	18.81%	19.60%	20.24%	17.16%	15.48%	18.58%	21.68%	22.93%	24.08%	24.56%	23.34%
Net Nonoperating Expense Percent (NNEP)	0.50%	0.12%	3.97%	-14.93%	-0.36%	6.97%	-4.05%	-4.73%	2.80%	-10.57%	0.35%
Return On Investment Capital (ROIC_SIMPLE)	5.27%	6.34%	-	-	-	5.04%	-	-	-	9.98%	-
Cost of Revenue to Revenue	56.13%	55.55%	54.17%	59.22%	61.24%	57.36%	57.04%	51.32%	46.82%	47.78%	47.82%
SG&A Expenses to Revenue	19.11%	16.43%	17.43%	17.50%	17.46%	16.66%	14.01%	15.61%	16.82%	15.82%	17.43%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	17.18%	16.43%	17.43%	17.50%	17.46%	16.66%	14.01%	15.61%	16.82%	15.82%	17.43%
Earnings before Interest and Taxes (EBIT)	61	69	71	50	43	53	64	78	75	89	70
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	69	75	78	56	49	59	70	83	80	94	75
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.91	5.91	5.26	4.10	4.25	3.90	3.01	5.13	4.98	4.14	3.16
Price to Tangible Book Value (P/TBV)	5.12	6.18	5.51	4.31	4.46	4.10	3.18	5.43	5.33	4.47	3.45
Price to Revenue (P/Rev)	3.66	4.19	3.82	2.88	2.96	2.56	1.83	2.90	2.52	2.01	1.55
Price to Earnings (P/E)	19.35	23.11	21.42	16.05	14.84	11.68	7.74	12.06	10.81	9.27	8.18
Dividend Yield	0.73%	0.61%	0.61%	0.80%	0.73%	0.79%	1.05%	0.64%	0.73%	0.93%	1.31%
Earnings Yield	5.17%	4.33%	4.67%	6.23%	6.74%	8.56%	12.93%	8.29%	9.25%	10.79%	12.23%
Enterprise Value to Invested Capital (EV/IC)	5.63	6.65	5.68	4.34	4.47	3.99	3.03	5.05	5.26	4.03	2.96
Enterprise Value to Revenue (EV/Rev)	3.53	4.08	3.74	2.83	2.91	2.54	1.82	2.91	2.57	2.02	1.59
Enterprise Value to EBITDA (EV/EBITDA)	11.67	14.04	13.03	9.86	9.16	7.23	4.73	7.36	6.68	5.60	4.98
Enterprise Value to EBIT (EV/EBIT)	12.95	15.63	14.58	11.02	10.06	7.81	5.05	7.81	7.13	6.06	5.53
Enterprise Value to NOPAT (EV/NOPAT)	18.59	22.36	20.85	15.47	14.68	11.59	7.82	12.26	11.26	9.47	8.13
Enterprise Value to Operating Cash Flow (EV/OCF)	17.65	21.32	20.59	14.13	18.55	15.22	10.73	20.02	12.80	10.22	8.68
Enterprise Value to Free Cash Flow (EV/FCFF)	24.14	25.05	29.96	22.90	221.27	163.62	53.16	71.14	16.70	16.08	12.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.16	0.17	0.20	0.25	0.28	0.31	0.33	0.36	0.42	0.48	0.54
Long-Term Debt to Equity	0.16	0.17	0.20	0.24	0.27	0.30	0.32	0.35	0.42	0.48	0.54
Financial Leverage	-0.12	-0.09	-0.06	-0.03	-0.06	-0.01	0.02	0.05	0.04	0.10	0.17
Leverage Ratio	1.68	1.68	1.71	1.74	1.85	1.89	1.94	2.02	2.13	2.23	2.28
Compound Leverage Factor	1.65	1.64	1.67	1.67	1.76	1.81	1.87	1.96	2.06	2.03	2.26
Debt to Total Capital	13.73%	14.76%	16.89%	19.84%	21.58%	23.68%	24.64%	26.21%	29.79%	32.61%	34.99%
Short-Term Debt to Total Capital	0.08%	0.15%	0.25%	0.31%	0.46%	0.98%	0.45%	0.10%	0.14%	0.10%	0.09%
Long-Term Debt to Total Capital	13.65%	14.61%	16.65%	19.53%	21.13%	22.70%	24.18%	26.11%	29.65%	32.51%	34.90%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.29%	0.27%	0.29%	0.29%	0.28%
Common Equity to Total Capital	86.27%	85.24%	83.11%	80.16%	78.42%	76.32%	75.07%	73.52%	69.66%	67.11%	64.73%
Debt to EBITDA	0.39	0.42	0.51	0.61	0.60	0.58	0.52	0.51	0.56	0.65	0.83
Net Debt to EBITDA	-0.42	-0.35	-0.25	-0.20	-0.16	-0.08	-0.04	0.01	0.13	0.02	0.12
Long-Term Debt to EBITDA	0.39	0.42	0.51	0.60	0.59	0.56	0.51	0.51	0.56	0.65	0.83
Debt to NOPAT	0.62	0.67	0.82	0.95	0.97	0.93	0.86	0.85	0.95	1.11	1.36
Net Debt to NOPAT	-0.66	-0.56	-0.41	-0.32	-0.26	-0.13	-0.07	0.01	0.22	0.04	0.20
Long-Term Debt to NOPAT	0.62	0.67	0.81	0.94	0.95	0.89	0.84	0.85	0.94	1.10	1.35
Altman Z-Score	6.47	7.99	7.20	5.95	5.56	5.09	4.29	5.67	4.95	4.44	3.63
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.18%	0.17%	0.32%	0.17%	0.40%	0.38%	0.59%	0.78%	0.38%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.94	2.11	2.21	2.43	2.33	2.27	2.25	2.25	2.05	2.06	2.04
Quick Ratio	1.18	1.29	1.36	1.46	1.32	1.27	1.24	1.25	1.22	1.27	1.15
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1.70	29	2.04	-11	-123	-133	-123	-113	-9.67	-11	6.94
Operating Cash Flow to CapEx	258.88%	237.94%	175.05%	169.92%	338.33%	281.24%	210.93%	0.68%	276.86%	203.27%	141.49%
Free Cash Flow to Firm to Interest Expense	1.28	19.53	1.13	-5.36	-58.24	-59.00	-52.97	-48.86	-4.25	-4.08	3.09
Operating Cash Flow to Interest Expense	35.24	40.48	22.89	17.20	15.88	19.63	22.05	0.07	18.95	18.29	12.94
Operating Cash Flow Less CapEx to Interest Expense	21.62	23.47	9.82	7.08	11.19	12.65	11.60	-9.56	12.10	9.29	3.79
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.87	0.90	0.87	0.89	0.91	0.98	1.05	1.09	1.09	1.08	1.02
Accounts Receivable Turnover	4.60	4.77	4.37	4.44	4.85	5.09	5.46	5.54	5.69	5.26	5.23
Inventory Turnover	3.45	3.42	3.17	3.26	3.24	3.11	2.99	2.98	3.13	3.50	3.36
Fixed Asset Turnover	2.57	2.66	2.64	2.77	2.98	3.16	3.52	3.73	3.86	3.88	3.74
Accounts Payable Turnover	5.11	5.62	4.70	4.50	5.61	5.11	4.31	3.93	4.79	4.53	4.04
Days Sales Outstanding (DSO)	79.30	76.57	83.43	82.16	75.22	71.78	66.82	65.87	64.18	69.44	69.86
Days Inventory Outstanding (DIO)	105.91	106.85	115.30	111.91	112.65	117.20	122.06	122.46	116.53	104.39	108.48
Days Payable Outstanding (DPO)	71.47	64.97	77.60	81.15	65.02	71.37	84.65	92.80	76.15	80.61	90.33
Cash Conversion Cycle (CCC)	113.74	118.45	121.13	112.92	122.85	117.62	104.23	95.54	104.57	93.22	88.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	576	547	557	533	536	529	511	484	384	360	342
Invested Capital Turnover	1.65	1.65	1.58	1.61	1.79	1.87	1.99	2.09	2.21	2.18	1.98
Increase / (Decrease) in Invested Capital	40	17	46	48	152	169	169	165	58	63	40
Enterprise Value (EV)	3,247	3,636	3,165	2,311	2,397	2,113	1,548	2,445	2,020	1,450	1,011
Market Capitalization	3,362	3,728	3,227	2,358	2,440	2,136	1,559	2,441	1,979	1,443	985
Book Value per Share	$14.58	$13.43	$13.05	$12.23	$12.21	$11.64	$10.85	$9.98	$8.33	$7.32	$6.54
Tangible Book Value per Share	$13.98	$12.84	$12.47	$11.65	$11.63	$11.06	$10.29	$9.44	$7.78	$6.77	$5.99
Total Capital	794	740	738	717	732	718	689	647	570	520	482
Total Debt	109	109	125	142	158	170	170	170	170	169	169
Total Long-Term Debt	108	108	123	140	155	163	167	169	169	169	168
Net Debt	-116	-91	-62	-47	-42	-23	-13	2.19	39	5.93	25
Capital Expenditures (CapEx)	18	26	24	20	9.89	16	24	22	16	25	21
Debt-free, Cash-free Net Working Capital (DFCFNWC)	148	158	177	176	179	174	180	186	127	117	113
Debt-free Net Working Capital (DFNWC)	308	295	301	306	317	307	301	293	258	223	200
Net Working Capital (NWC)	308	294	300	304	314	300	298	293	257	222	200
Net Nonoperating Expense (NNE)	-0.37	-0.06	-1.30	2.66	0.10	-0.32	-0.40	-0.91	0.42	-3.26	0.16
Net Nonoperating Obligations (NNO)	-109	-84	-56	-42	-37	-19	-8.83	6.53	-17	9.55	28
Total Depreciation and Amortization (D&A)	7.34	6.74	6.94	6.48	6.31	6.04	5.93	5.15	4.77	4.60	4.63
Debt-free, Cash-free Net Working Capital to Revenue	16.11%	17.72%	20.89%	21.58%	21.69%	20.94%	21.16%	22.17%	16.17%	16.34%	17.80%
Debt-free Net Working Capital to Revenue	33.52%	33.17%	35.65%	37.41%	38.54%	36.83%	35.45%	34.90%	32.82%	31.10%	31.40%
Net Working Capital to Revenue	33.45%	33.05%	35.44%	37.15%	38.14%	35.99%	35.08%	34.83%	32.72%	31.03%	31.33%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.90	$1.00	$1.05	$0.75	$0.63	$0.78	$0.97	$1.10	$1.01	$1.15	$0.98
Adjusted Weighted Average Basic Shares Outstanding	46.99M	47.00M	47.00M	47.00M	47.00M	47.51M	47.60M	47.67M	47.67M	47.67M	47.67M
Adjusted Diluted Earnings per Share	$0.90	$1.00	$1.05	$0.75	$0.63	$0.78	$0.97	$1.10	$1.01	$1.15	$0.98
Adjusted Weighted Average Diluted Shares Outstanding	46.99M	47.00M	47.00M	47.00M	47.00M	47.51M	47.60M	47.67M	47.67M	47.67M	47.67M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	46.99M	46.99M	47.00M	47.00M	47.00M	47.00M	47.10M	47.67M	47.67M	47.67M	47.67M
Normalized Net Operating Profit after Tax (NOPAT)	42	47	48	38	30	36	46	52	49	52	47
Normalized NOPAT Margin	18.81%	19.60%	20.24%	17.16%	15.48%	18.58%	21.68%	22.93%	24.08%	24.56%	23.34%
Pre Tax Income Margin	26.92%	28.06%	29.17%	21.63%	21.23%	26.22%	29.20%	33.65%	36.05%	38.68%	34.64%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	45.97	45.53	39.38	24.69	20.42	23.58	27.47	33.66	33.14	32.84	31.27
NOPAT to Interest Expense	31.42	31.10	26.64	18.79	14.16	16.01	19.66	22.26	21.47	19.04	20.94
EBIT Less CapEx to Interest Expense	32.35	28.51	26.31	14.57	15.72	16.60	17.01	24.04	26.29	23.84	22.12
NOPAT Less CapEx to Interest Expense	17.81	14.08	13.56	8.67	9.47	9.03	9.20	12.63	14.62	10.04	11.79
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	12.98%	12.24%	12.50%	12.19%	10.36%	8.95%	7.78%	7.16%	7.26%	8.23%	8.75%
Augmented Payout Ratio	13.22%	12.42%	22.23%	28.14%	10.36%	21.78%	12.18%	7.19%	7.26%	8.23%	8.75%

Frequently Asked Questions About Tecnoglass' Financials

When does Tecnoglass's fiscal year end?

According to the most recent income statement we have on file, Tecnoglass' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Tecnoglass' net income changed over the last 9 years?

Tecnoglass' net income appears to be on an upward trend, with a most recent value of $161.31 million in 2024, falling from -$11.02 million in 2015. The previous period was $183.51 million in 2023. View Tecnoglass' forecast to see where analysts expect Tecnoglass to go next.

What is Tecnoglass's operating income?

Tecnoglass's total operating income in 2024 was $227.00 million, based on the following breakdown:

Total Gross Profit: $379.97 million
Total Operating Expenses: $152.97 million

How has Tecnoglass revenue changed over the last 9 years?

Over the last 9 years, Tecnoglass' total revenue changed from $242.24 million in 2015 to $890.18 million in 2024, a change of 267.5%.

How much debt does Tecnoglass have?

Tecnoglass' total liabilities were at $385.47 million at the end of 2024, a 7.0% decrease from 2023, and a 35.9% increase since 2015.

How much cash does Tecnoglass have?

In the past 9 years, Tecnoglass' cash and equivalents has ranged from $22.67 million in 2015 to $134.88 million in 2024, and is currently $134.88 million as of their latest financial filing in 2024.

How has Tecnoglass' book value per share changed over the last 9 years?

Over the last 9 years, Tecnoglass' book value per share changed from 1.42 in 2015 to 13.43 in 2024, a change of 847.2%.

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This page (NASDAQ:TGLS) was last updated on 5/25/2025 by MarketBeat.com Staff

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Tecnoglass (TGLS) Financials

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