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Tecnoglass (TGLS) Financials

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$44.29 -0.18 (-0.40%)
Closing price 08/7/2026 03:59 PM Eastern
Extended Trading
$44.20 -0.09 (-0.20%)
As of 08/7/2026 07:34 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Tecnoglass

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-11 23 5.45 9.03 25 24 68 156 183 161 160
Consolidated Net Income / (Loss)
-11 23 5.73 8.49 24 24 68 156 184 161 160
Net Income / (Loss) Continuing Operations
-11 23 5.73 8.49 24 24 68 156 184 161 160
Total Pre-Tax Income
9.67 39 12 14 37 37 97 231 261 225 235
Total Operating Income
40 48 34 47 59 66 117 226 260 227 231
Total Gross Profit
89 113 99 120 136 139 203 349 391 380 421
Total Revenue
242 305 314 371 431 377 497 717 833 890 984
Operating Revenue
242 305 314 371 431 377 497 717 833 890 984
Total Cost of Revenue
153 192 215 251 295 237 294 367 442 510 562
Operating Cost of Revenue
151 192 215 251 295 237 294 367 442 510 562
Total Operating Expenses
50 65 65 73 77 74 86 123 131 153 191
Selling, General & Admin Expense
50 65 65 73 77 74 86 123 131 153 196
Other Operating Expenses / (Income)
- - - - - - - - 0.00 0.00 -5.64
Total Other Income / (Expense), net
-30 -8.60 -23 -33 -22 -29 -20 4.76 1.65 -1.84 4.55
Interest Expense
9.27 17 23 21 23 22 21 8.16 9.18 7.43 4.83
Other Income / (Expense), net
-21 8.22 0.16 -12 0.59 -8.55 0.48 13 11 5.59 9.38
Income Tax Expense
21 16 5.79 5.98 13 13 28 75 78 64 76
Net Income / (Loss) Attributable to Noncontrolling Interest
0.00 0.00 0.28 -0.55 -0.27 -0.03 0.28 0.67 0.63 0.00 0.00
Basic Earnings per Share
($0.38) $0.71 $0.16 $0.22 $0.55 $0.51 $1.43 $3.27 $3.85 $3.43 $3.42
Weighted Average Basic Shares Outstanding
29.08M 32.86M 36.84M 39.09M 44.46M 46.40M 47.67M 47.67M 47.51M 47.00M 46.68M
Diluted Earnings per Share
($0.38) $0.69 $0.15 $0.21 $0.55 $0.51 $1.43 $3.27 $3.85 $3.43 $3.42
Weighted Average Diluted Shares Outstanding
29.08M 33.42M 37.39M 39.49M 44.46M 46.40M 47.67M 47.67M 47.51M 47.00M 46.68M
Weighted Average Basic & Diluted Shares Outstanding
26.20M 30.90M 34.84M 38.09M 46.12M 47.67M 47.67M 47.67M 47.00M 46.99M 44.74M

Quarterly Income Statements for Tecnoglass

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

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders
36 30 35 50 47 42 44 47 26 32 25
Consolidated Net Income / (Loss)
36 30 35 50 47 42 44 47 26 32 25
Net Income / (Loss) Continuing Operations
36 30 35 50 47 42 44 47 26 32 25
Total Pre-Tax Income
51 41 48 70 67 60 62 68 45 44 39
Total Operating Income
51 41 51 68 67 59 61 65 45 45 37
Total Gross Profit
83 75 90 109 107 98 114 111 98 96 110
Total Revenue
195 193 220 238 240 222 256 260 245 249 295
Operating Revenue
195 193 220 238 240 222 256 260 245 249 295
Total Cost of Revenue
112 118 130 129 133 125 141 149 147 153 185
Operating Cost of Revenue
112 118 130 129 133 125 141 149 147 153 185
Total Operating Expenses
32 34 38 42 39 38 53 46 53 51 73
Selling, General & Admin Expense
32 34 38 42 39 42 53 47 53 51 73
Other Operating Expenses / (Income)
- 0.00 0.00 0.00 - -4.28 -0.00 -1.36 - 0.00 0.00
Total Other Income / (Expense), net
0.45 -0.13 -3.61 1.82 0.09 0.52 1.03 2.61 0.40 -0.96 2.11
Interest Expense
2.26 2.11 2.01 1.81 1.51 1.33 1.35 0.79 1.35 3.02 3.52
Other Income / (Expense), net
2.71 1.97 -1.61 3.63 1.60 1.85 2.38 3.40 1.75 2.07 5.63
Income Tax Expense
15 11 12 20 20 18 18 21 19 12 14
Basic Earnings per Share
$0.78 $0.63 $0.75 $1.05 $1.00 $0.90 $0.94 $1.01 $0.57 $0.71 $0.55
Weighted Average Basic Shares Outstanding
47.51M 47.00M 47.00M 47.00M 47.00M 46.99M 46.99M 46.85M 46.68M 44.63M 44.36M
Diluted Earnings per Share
$0.78 $0.63 $0.75 $1.05 $1.00 $0.90 $0.94 $1.01 $0.57 $0.71 $0.55
Weighted Average Diluted Shares Outstanding
47.51M 47.00M 47.00M 47.00M 47.00M 46.99M 46.99M 46.85M 46.68M 44.63M 44.36M
Weighted Average Basic & Diluted Shares Outstanding
47.00M 47.00M 47.00M 47.00M 46.99M 46.99M 46.99M 46.57M 44.74M 44.36M 44.36M

Annual Cash Flow Statements for Tecnoglass

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
3.35 4.25 14 -7.88 15 19 17 19 26 5.37 -34
Net Cash From Operating Activities
2.51 -3.09 14 -5.03 26 72 117 142 139 171 136
Net Cash From Continuing Operating Activities
2.51 -3.09 14 -5.03 26 72 117 142 139 171 136
Net Income / (Loss) Continuing Operations
-11 23 5.73 8.49 24 24 68 156 184 161 160
Consolidated Net Income / (Loss)
-11 23 5.73 8.49 24 24 68 156 184 161 160
Depreciation Expense
12 16 21 23 23 21 21 20 22 26 37
Non-Cash Adjustments To Reconcile Net Income
1.69 -7.66 -0.04 1.67 9.77 9.36 21 14 -28 13 -25
Changes in Operating Assets and Liabilities, net
-0.62 -34 -14 -38 -31 18 6.44 -48 -39 -30 -35
Net Cash From Investing Activities
-9.40 -25 -15 -19 -59 -18 -51 -73 -76 -77 -88
Net Cash From Continuing Investing Activities
-9.40 -25 -15 -19 -59 -18 -51 -73 -76 -77 -88
Purchase of Property, Plant & Equipment
-15 -23 -7.03 -13 -25 -18 -52 -71 -78 -80 -101
Acquisitions
0.00 0.00 -7.87 -6.00 -34 - - - 0.00 0.00 -6.84
Purchase of Investments
-0.88 -27 -0.60 -1.18 -1.68 -0.27 -0.06 -1.26 -0.34 -0.43 -0.68
Sale of Property, Plant & Equipment
4.47 0.69 0.00 - 0.00 0.01 0.13 - 0.00 0.00 12
Sale and/or Maturity of Investments
1.91 24 0.57 1.58 1.60 0.47 0.69 0.00 2.28 2.70 8.91
Net Cash From Financing Activities
9.51 32 15 17 48 -34 -44 -45 -43 -85 -86
Net Cash From Continuing Financing Activities
9.51 32 15 17 48 -34 -44 -45 -43 -85 -86
Repayment of Debt
-102 -163 -205 -8.86 -30 -71 -260 -32 0.00 -65 -115
Repurchase of Common Equity
- - - - - - 0.00 0.00 -24 -0.29 -118
Payment of Dividends
-1.41 -3.00 -2.47 -2.71 -5.23 -3.80 -5.24 -13 -16 -20 -28
Issuance of Debt
113 196 223 29 47 41 221 0.05 0.20 2.53 176
Other Financing Activities, net
0.00 1.20 0.00 - - - 0.00 0.00 -3.00 -2.50 0.00
Effect of Exchange Rate Changes
0.72 0.50 -0.04 -1.15 -0.03 -0.80 -5.36 -5.88 5.80 - 3.34
Cash Interest Paid
6.92 8.70 16 18 20 19 16 6.42 12 9.98 6.60
Cash Income Taxes Paid
13 26 18 8.40 12 11 13 27 107 87 76

Quarterly Cash Flow Statements for Tecnoglass

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 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents
11 6.37 -9.08 -4.72 13 22 -19 -14 -23 -9.79 -10
Net Cash From Operating Activities
44 33 34 41 61 47 18 40 31 6.72 4.40
Net Cash From Continuing Operating Activities
44 33 34 41 61 47 18 40 31 6.72 4.40
Net Income / (Loss) Continuing Operations
36 30 35 50 47 42 44 47 26 32 25
Consolidated Net Income / (Loss)
36 30 35 50 47 42 44 47 26 32 25
Depreciation Expense
6.04 6.31 6.48 6.94 6.74 7.34 9.14 9.96 10 11 11
Non-Cash Adjustments To Reconcile Net Income
-2.64 -1.63 5.02 2.69 9.48 -12 -2.95 -10 -0.03 -6.58 -8.45
Changes in Operating Assets and Liabilities, net
4.47 -1.29 -12 -18 -2.11 9.04 -32 -6.67 -5.40 -29 -22
Net Cash From Investing Activities
-14 -10 -18 -24 -26 -18 -30 -19 -20 -18 -33
Net Cash From Continuing Investing Activities
-14 -10 -18 -24 -26 -18 -30 -19 -20 -18 -33
Purchase of Property, Plant & Equipment
-16 -9.89 -20 -24 -26 -30 -33 -19 -20 -17 -35
Net Cash From Financing Activities
-22 -17 -24 -23 -21 -7.44 -7.49 -36 -35 0.85 17
Net Cash From Continuing Financing Activities
-22 -17 -24 -23 -21 -7.44 -7.49 -36 -35 0.85 17
Repayment of Debt
- -15 -16 -18 -16 -3.88 -0.22 -111 -0.30 -15 -0.40
Repurchase of Common Equity
-15 0.00 - -0.01 -0.28 -0.12 -0.22 -30 -88 -16 -0.01
Payment of Dividends
-4.27 -4.24 -5.17 -5.17 -5.17 -7.05 -7.05 -7.05 -6.98 -6.71 -6.65
Issuance of Debt
0.09 2.77 -0.20 0.09 -0.13 3.62 -0.00 112 60 39 24
Effect of Exchange Rate Changes
1.55 -0.20 - - - - 0.67 1.10 0.43 0.51 1.04
Cash Interest Paid
3.08 2.83 2.73 2.49 1.93 1.70 1.64 1.75 1.51 2.16 2.54
Cash Income Taxes Paid
12 14 46 18 8.65 12 36 12 17 13 39

Annual Balance Sheets for Tecnoglass

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
321 395 468 490 570 530 592 734 963 1,017 1,260
Total Current Assets
171 211 262 293 323 285 326 432 536 560 654
Cash & Equivalents
23 27 41 33 48 68 85 104 130 135 101
Short-Term Investments
1.47 1.54 1.68 1.16 2.30 2.39 1.98 2.05 2.91 2.65 3.15
Accounts Receivable
87 110 129 101 119 92 113 160 168 206 241
Inventories, net
49 55 72 92 83 81 85 125 159 140 214
Other Current Assets
7.80 16 18 66 71 42 42 42 76 77 95
Plant, Property, & Equipment, net
136 171 169 149 155 152 167 203 325 344 476
Total Noncurrent Assets
14 13 37 47 92 92 36 99 102 112 131
Long-Term Investments
- - - 0.00 46 48 - 58 61 63 57
Noncurrent Note & Lease Receivables
2.54 - - 0.00 1.79 2.99 4.00 1.23 - 0.00 1.73
Goodwill
1.33 1.33 23 24 24 24 24 24 24 24 30
Intangible Assets
3.34 4.56 12 9.01 6.70 5.11 3.34 2.71 3.48 4.39 13
Noncurrent Deferred & Refundable Income Taxes
0.64 - 0.10 4.77 4.60 0.27 0.60 0.56 0.17 0.29 1.26
Other Noncurrent Operating Assets
6.42 7.31 2.65 9.84 9.97 13 4.16 13 15 21 27
Total Liabilities & Shareholders' Equity
321 395 468 490 570 530 592 734 963 1,017 1,260
Total Liabilities
284 281 346 357 382 322 347 384 415 385 547
Total Current Liabilities
134 78 121 123 129 94 155 210 236 266 352
Short-Term Debt
18 2.65 32 22 16 1.76 11 0.50 7.00 1.09 0.43
Accounts Payable
40 43 56 67 66 47 72 90 83 99 127
Dividends Payable
0.00 3.49 0.59 0.74 0.07 1.35 3.14 3.62 4.27 7.07 6.73
Other Current Liabilities
45 - 1.55 26 39 37 24 115 142 159 217
Total Noncurrent Liabilities
150 203 225 234 253 228 192 174 179 120 196
Long-Term Debt
121 197 221 229 252 223 188 169 163 108 171
Noncurrent Deferred & Payable Income Tax Liabilities
3.38 3.52 2.32 2.71 0.41 3.17 3.42 5.19 16 11 22
Other Noncurrent Operating Liabilities
20 - 0.00 2.04 0.81 0.98 - 0.01 - - 1.99
Total Equity & Noncontrolling Interests
38 114 122 133 187 209 245 350 548 631 713
Total Preferred & Common Equity
38 114 120 132 187 208 244 349 548 631 713
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
38 114 120 132 187 208 242 349 548 631 713
Common Stock
46 115 125 158 208 219 219 219 192 192 153
Retained Earnings
22 27 22 10 16 30 91 234 400 539 671
Treasury Stock
- - - - - - - - - 0.00 -79
Accumulated Other Comprehensive Income / (Loss)
-31 -29 -29 -37 -39 -44 -69 -106 -46 -101 -33
Other Equity Adjustments
1.37 1.37 1.37 1.37 1.37 2.27 - 1.46 1.46 1.46 1.46

Quarterly Balance Sheets for Tecnoglass

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 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026 6/30/2026
Total Assets
819 892 939 982 942 996 1,138 1,181 1,228 1,360 1,430
Total Current Assets
501 528 537 550 517 547 637 639 658 720 730
Cash & Equivalents
129 105 119 136 127 122 157 138 124 91 81
Short-Term Investments
2.14 2.37 2.48 2.90 2.70 2.69 2.86 2.95 3.08 3.24 3.47
Accounts Receivable
167 188 176 172 180 211 227 231 247 266 290
Inventories, net
143 162 166 144 132 143 156 177 194 253 272
Other Current Assets
59 71 74 94 74 68 93 91 90 106 85
Plant, Property, & Equipment, net
224 267 299 329 324 341 388 422 445 503 562
Total Noncurrent Assets
36 98 103 103 102 108 114 120 125 138 138
Long-Term Investments
- 60 62 62 60 62 65 57 58 58 56
Noncurrent Note & Lease Receivables
0.00 0.00 0.00 - - - 1.55 1.60 1.67 1.77 1.89
Goodwill
24 24 24 24 24 24 24 30 30 30 30
Intangible Assets
2.61 2.53 3.25 3.31 3.59 3.88 4.86 13 13 13 14
Noncurrent Deferred & Refundable Income Taxes
0.16 0.11 0.11 0.27 0.24 0.28 0.43 0.48 0.54 2.36 0.33
Other Noncurrent Operating Assets
9.30 11 14 14 14 19 19 18 21 32 36
Total Liabilities & Shareholders' Equity
819 892 939 982 942 996 1,138 1,181 1,228 1,360 1,430
Total Liabilities
419 415 420 408 368 383 453 445 464 625 641
Total Current Liabilities
244 235 239 236 213 247 329 320 333 406 393
Short-Term Debt
0.82 0.65 3.13 3.34 2.20 1.82 0.63 0.59 0.71 5.87 6.16
Accounts Payable
87 114 108 79 100 100 123 139 125 151 179
Dividends Payable
4.33 4.34 4.32 5.20 5.20 5.20 7.07 7.07 7.01 6.68 6.68
Other Current Liabilities
94 116 123 148 106 141 198 174 200 243 201
Total Noncurrent Liabilities
175 180 181 172 155 136 124 125 131 219 248
Long-Term Debt
169 169 167 155 140 123 108 109 111 194 219
Noncurrent Deferred & Payable Income Tax Liabilities
5.73 11 14 18 15 13 15 16 19 23 28
Other Noncurrent Operating Liabilities
- 0.01 0.01 0.00 - - 0.65 0.14 1.43 1.63 1.05
Total Equity & Noncontrolling Interests
400 478 519 574 575 613 685 736 764 735 789
Total Preferred & Common Equity
399 476 517 574 575 613 685 736 764 735 789
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
397 476 517 574 575 613 685 736 764 735 789
Common Stock
219 219 210 192 192 192 192 192 162 153 153
Retained Earnings
278 326 368 425 454 499 574 611 651 696 714
Treasury Stock
- - - - - - - - - -96 -96
Accumulated Other Comprehensive Income / (Loss)
-100 -71 -62 -45 -73 -79 -82 -68 -50 -20 16
Other Equity Adjustments
- 1.46 1.46 1.46 1.46 1.46 1.46 1.46 1.46 1.46 1.46

Annual Metrics And Ratios for Tecnoglass

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

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
- - - - - - - - - - 46,569,446.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 46,569,446.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - 3.43
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
-45 28 17 28 38 42 83 153 182 163 156
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - 29.47% 25.40% 21.96% 17.69%
Earnings before Interest and Taxes (EBIT)
19 56 35 36 59 57 117 239 271 233 240
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
31 72 57 59 82 78 138 259 292 259 277
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-73 -111 -31 9.85 29 85 110 90 13 145 -27
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
153 292 340 358 367 325 297 360 529 547 730
Increase / (Decrease) in Invested Capital
28 139 49 18 9.33 -43 -28 63 169 17 183
Book Value per Share
$1.42 $3.77 $3.51 $3.53 $4.10 $4.36 $5.07 $7.32 $11.64 $13.43 $15.31
Tangible Book Value per Share
$1.24 $3.57 $2.50 $2.66 $3.43 $3.76 $4.50 $6.77 $11.06 $12.84 $14.39
Total Capital
177 313 375 384 456 434 444 520 718 740 885
Total Debt
139 200 253 251 268 225 199 169 170 109 172
Total Long-Term Debt
121 197 221 229 252 223 188 169 163 108 171
Net Debt
115 171 211 217 173 108 112 5.93 -23 -91 10
Capital Expenditures (CapEx)
10 22 7.03 13 25 18 51 71 78 80 89
Debt-free, Cash-free Net Working Capital (DFCFNWC)
31 107 130 158 160 123 95 117 174 158 198
Debt-free Net Working Capital (DFNWC)
55 135 173 192 210 193 182 223 307 295 302
Net Working Capital (NWC)
37 132 140 171 194 191 171 222 300 294 302
Net Nonoperating Expense (NNE)
-34 5.08 11 19 14 19 14 -3.22 -1.16 1.32 -3.09
Net Nonoperating Obligations (NNO)
115 178 219 225 180 116 52 9.55 -19 -84 17
Total Depreciation and Amortization (D&A)
12 16 22 23 23 21 21 20 22 26 37
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.50) $0.79 $0.16 $0.23 $0.55 $0.52 $1.43 $3.28 $3.85 $3.43 $3.42
Adjusted Weighted Average Basic Shares Outstanding
25.45M 29.23M 34.82M 37.51M 44.46M 46.40M 47.67M 47.67M 47.51M 47.00M 46.68M
Adjusted Diluted Earnings per Share
($0.50) $0.77 $0.16 $0.22 $0.55 $0.52 $1.43 $3.28 $3.85 $3.43 $3.42
Adjusted Weighted Average Diluted Shares Outstanding
28.95M 30.25M 35.32M 38.06M 44.46M 46.40M 47.67M 47.67M 47.51M 47.00M 46.68M
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
26.91M 33.17M 34.84M 38.09M 46.12M 47.67M 47.67M 47.67M 47.00M 46.99M 44.74M
Normalized Net Operating Profit after Tax (NOPAT)
28 28 24 28 38 42 83 153 182 163 156
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Quarterly Metrics And Ratios for Tecnoglass

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

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
DEI Shares Outstanding
- - - - - - - - 46,569,446.00 44,737,726.00 44,364,816.00
DEI Adjusted Shares Outstanding
- - - - - - - - 46,569,446.00 44,737,726.00 44,364,816.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - 0.56 0.71 0.55
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-7.82% -4.94% -2.50% 13.09% 23.11% 15.40% 16.34% 9.29% - 12.02% 15.55%
EBITDA Growth
-36.94% -38.43% -32.76% 12.14% 27.27% 38.96% 29.85% 0.61% - -15.81% -27.31%
EBIT Growth
-40.45% -42.91% -36.61% 11.68% 29.04% 42.30% 28.38% -3.57% - -23.16% -33.68%
NOPAT Growth
-30.28% -38.87% -27.03% 5.56% 29.86% 40.22% 15.03% -5.93% - -21.75% -46.45%
Net Income Growth
-33.83% -38.54% -33.36% 7.46% 28.89% 41.91% 25.85% -4.74% - -24.41% -44.30%
EPS Growth
-32.17% -37.62% -31.82% 9.38% 28.21% 42.86% 25.33% -3.81% - -21.11% -41.49%
Operating Cash Flow Growth
-11.00% -22.33% 22,746.36% -19.14% 37.85% 40.22% -48.22% -3.56% - -85.68% -75.36%
Free Cash Flow Firm Growth
-1,098.60% -1,168.27% 90.51% 101.66% 122.13% 101.38% -632.44% -4,793.86% - -10,724.99% -157.41%
Invested Capital Growth
47.08% 39.72% 10.01% 9.05% 3.30% 7.48% 22.94% 25.36% - 36.98% 34.53%
Revenue Q/Q Growth
-7.66% -1.02% 14.03% 8.50% 0.52% -7.21% 14.96% 1.93% - 1.51% 18.59%
EBITDA Q/Q Growth
-15.02% -17.57% 13.58% 39.76% -3.55% -9.23% 6.13% 8.28% - 1.38% -8.37%
EBIT Q/Q Growth
-16.58% -20.06% 15.19% 44.01% -3.62% -11.00% 3.92% 8.18% - 0.93% -10.29%
NOPAT Q/Q Growth
-20.88% -17.51% 26.37% 27.99% -2.66% -10.93% 3.67% 4.67% - 26.48% -29.06%
Net Income Q/Q Growth
-20.86% -18.50% 17.82% 41.42% -5.09% -10.27% 4.49% 7.04% - 22.16% -23.00%
EPS Q/Q Growth
-18.75% -18.18% 19.05% 40.00% -4.76% -10.00% 4.44% 7.45% - 24.56% -22.54%
Operating Cash Flow Q/Q Growth
-13.52% -24.57% 3.14% 20.18% 47.43% -23.28% -61.91% 123.86% - -78.35% -34.46%
Free Cash Flow Firm Q/Q Growth
-8.22% 7.97% 91.23% 118.97% 1,344.51% -94.24% -4,740.52% -21.58% - -14.75% -12.42%
Invested Capital Q/Q Growth
3.66% 1.33% -0.69% 4.54% -1.81% 5.43% 13.59% 6.60% - 8.19% 11.55%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
42.64% 38.76% 40.78% 45.83% 44.45% 43.87% 44.74% 42.74% - 38.49% 37.26%
EBITDA Margin
30.48% 25.60% 25.50% 32.84% 31.51% 30.82% 28.46% 30.23% - 23.17% 17.90%
Operating Margin
25.99% 21.30% 23.28% 28.40% 28.03% 26.69% 23.95% 25.10% - 18.05% 12.38%
EBIT Margin
27.38% 22.32% 22.55% 29.93% 28.69% 27.52% 24.88% 26.40% - 18.88% 14.28%
Profit (Net Income) Margin
18.74% 15.43% 15.95% 20.78% 19.62% 18.98% 17.25% 18.12% - 12.81% 8.32%
Tax Burden Percent
71.50% 72.71% 73.71% 71.26% 69.93% 70.49% 70.84% 69.41% - 72.82% 63.53%
Interest Burden Percent
95.76% 95.10% 95.95% 97.46% 97.80% 97.82% 97.88% 98.85% - 93.16% 91.65%
Effective Tax Rate
28.50% 27.29% 26.29% 28.74% 30.07% 29.51% 29.16% 30.59% - 27.18% 36.47%
Return on Invested Capital (ROIC)
34.82% 27.71% 27.60% 32.05% 32.43% 31.10% 27.31% 27.15% - 19.44% 10.75%
ROIC Less NNEP Spread (ROIC-NNEP)
27.85% 28.06% 42.53% 28.08% 32.31% 30.60% 26.13% 24.20% - 22.52% 35.21%
Return on Net Nonoperating Assets (RNNOA)
-0.28% -1.55% -1.44% -1.62% -2.83% -3.55% -2.46% -2.15% - -0.86% 0.25%
Return on Equity (ROE)
34.54% 26.15% 26.15% 30.43% 29.60% 27.56% 24.85% 25.00% - 18.58% 11.00%
Cash Return on Invested Capital (CROIC)
2.91% 2.35% 19.85% 19.79% 26.98% 24.17% 9.80% 5.79% - -9.64% -12.89%
Operating Return on Assets (OROA)
26.88% 20.41% 20.10% 26.14% 25.81% 23.89% 22.39% 23.22% - 15.27% 11.49%
Return on Assets (ROA)
18.41% 14.11% 14.21% 18.15% 17.65% 16.47% 15.53% 15.93% - 10.36% 6.69%
Return on Common Equity (ROCE)
34.48% 26.07% 26.11% 30.38% 29.60% 27.56% 24.85% 25.00% - 18.58% 11.00%
Return on Equity Simple (ROE_SIMPLE)
0.00% 28.74% 25.63% 24.58% 0.00% 25.36% 0.00% 0.00% - 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
36 30 38 48 47 42 43 45 26 33 23
NOPAT Margin
18.58% 15.48% 17.16% 20.24% 19.60% 18.81% 16.97% 17.42% - 13.14% 7.86%
Net Nonoperating Expense Percent (NNEP)
6.97% -0.36% -14.93% 3.97% 0.12% 0.50% 1.18% 2.96% - -3.08% -24.46%
Return On Investment Capital (ROIC_SIMPLE)
5.04% - - - 6.34% 5.27% 5.13% 5.18% 2.92% 3.50% 2.29%
Cost of Revenue to Revenue
57.36% 61.24% 59.22% 54.17% 55.55% 56.13% 55.26% 57.26% - 61.51% 62.74%
SG&A Expenses to Revenue
16.66% 17.46% 17.50% 17.43% 16.43% 19.11% 20.79% 18.16% - 20.44% 24.89%
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
16.66% 17.46% 17.50% 17.43% 16.43% 17.18% 20.79% 17.64% - 20.44% 24.89%
Earnings before Interest and Taxes (EBIT)
53 43 50 71 69 61 64 69 47 47 42
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
59 49 56 78 75 69 73 79 57 58 53
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
3.90 4.25 4.10 5.26 5.91 4.91 4.94 4.12 - 2.71 2.63
Price to Tangible Book Value (P/TBV)
4.10 4.46 4.31 5.51 6.18 5.12 5.25 4.36 - 2.88 2.79
Price to Revenue (P/Rev)
2.56 2.96 2.88 3.82 4.19 3.66 3.80 3.22 - 1.97 1.98
Price to Earnings (P/E)
11.68 14.84 16.05 21.42 23.11 19.35 19.88 17.42 - 13.35 16.01
Dividend Yield
0.79% 0.73% 0.80% 0.61% 0.61% 0.73% 0.72% 0.90% - 1.35% 1.28%
Earnings Yield
8.56% 6.74% 6.23% 4.67% 4.33% 5.17% 5.03% 5.74% - 7.49% 6.25%
Enterprise Value to Invested Capital (EV/IC)
3.99 4.47 4.34 5.68 6.65 5.63 5.42 4.40 - 2.58 2.45
Enterprise Value to Revenue (EV/Rev)
2.54 2.91 2.83 3.74 4.08 3.53 3.71 3.14 - 2.02 2.06
Enterprise Value to EBITDA (EV/EBITDA)
7.23 9.16 9.86 13.03 14.04 11.67 12.02 10.39 - 7.67 8.78
Enterprise Value to EBIT (EV/EBIT)
7.81 10.06 11.02 14.58 15.63 12.95 13.39 11.71 - 9.03 10.57
Enterprise Value to NOPAT (EV/NOPAT)
11.59 14.68 15.47 20.85 22.36 18.59 19.66 17.30 - 13.85 17.01
Enterprise Value to Operating Cash Flow (EV/OCF)
15.22 18.55 14.13 20.59 21.32 17.65 21.19 18.51 - 21.35 26.33
Enterprise Value to Free Cash Flow (EV/FCFF)
163.62 221.27 22.90 29.96 25.05 24.14 60.93 84.60 - 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.31 0.28 0.25 0.20 0.17 0.16 0.15 0.15 - 0.27 0.29
Long-Term Debt to Equity
0.30 0.27 0.24 0.20 0.17 0.16 0.15 0.15 - 0.26 0.28
Financial Leverage
-0.01 -0.06 -0.03 -0.06 -0.09 -0.12 -0.09 -0.09 - -0.04 0.01
Leverage Ratio
1.89 1.85 1.74 1.71 1.68 1.68 1.62 1.62 - 1.76 1.71
Compound Leverage Factor
1.81 1.76 1.67 1.67 1.64 1.65 1.59 1.60 - 1.64 1.57
Debt to Total Capital
23.68% 21.58% 19.84% 16.89% 14.76% 13.73% 12.92% 12.78% - 21.41% 22.22%
Short-Term Debt to Total Capital
0.98% 0.46% 0.31% 0.25% 0.15% 0.08% 0.07% 0.08% - 0.63% 0.61%
Long-Term Debt to Total Capital
22.70% 21.13% 19.53% 16.65% 14.61% 13.65% 12.85% 12.69% - 20.78% 21.62%
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% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00% 0.00%
Common Equity to Total Capital
76.32% 78.42% 80.16% 83.11% 85.24% 86.27% 87.08% 87.22% - 78.59% 77.78%
Debt to EBITDA
0.58 0.60 0.61 0.51 0.42 0.39 0.37 0.38 - 0.75 0.92
Net Debt to EBITDA
-0.08 -0.16 -0.20 -0.25 -0.35 -0.42 -0.30 -0.25 - 0.18 0.35
Long-Term Debt to EBITDA
0.56 0.59 0.60 0.51 0.42 0.39 0.37 0.38 - 0.73 0.89
Debt to NOPAT
0.93 0.97 0.95 0.82 0.67 0.62 0.61 0.63 - 1.36 1.77
Net Debt to NOPAT
-0.13 -0.26 -0.32 -0.41 -0.56 -0.66 -0.49 -0.41 - 0.32 0.67
Long-Term Debt to NOPAT
0.89 0.95 0.94 0.81 0.67 0.62 0.60 0.63 - 1.32 1.72
Altman Z-Score
5.09 5.56 5.95 7.20 7.99 6.47 6.93 6.11 - 3.76 3.76
Noncontrolling Interest Sharing Ratio
0.17% 0.32% 0.17% 0.18% 0.00% 0.00% 0.00% 0.00% - 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
2.27 2.33 2.43 2.21 2.11 1.94 2.00 1.98 - 1.77 1.86
Quick Ratio
1.27 1.32 1.46 1.36 1.29 1.18 1.16 1.12 - 0.89 0.95
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-133 -123 -11 2.04 29 1.70 -79 -96 -157 -180 -203
Operating Cash Flow to CapEx
281.24% 338.33% 169.92% 175.05% 237.94% 258.88% 54.94% 213.19% - 38.90% 12.43%
Free Cash Flow to Firm to Interest Expense
-59.00 -58.24 -5.36 1.13 19.53 1.28 -58.38 -121.30 - -59.70 -57.64
Operating Cash Flow to Interest Expense
19.63 15.88 17.20 22.89 40.48 35.24 13.23 50.62 - 2.22 1.25
Operating Cash Flow Less CapEx to Interest Expense
12.65 11.19 7.08 9.82 23.47 21.62 -10.85 26.87 - -3.49 -8.81
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.98 0.91 0.89 0.87 0.90 0.87 0.90 0.88 - 0.81 0.80
Accounts Receivable Turnover
5.09 4.85 4.44 4.37 4.77 4.60 4.65 4.27 - 4.09 4.04
Inventory Turnover
3.11 3.24 3.26 3.17 3.42 3.45 3.42 3.25 - 2.89 2.83
Fixed Asset Turnover
3.16 2.98 2.77 2.64 2.66 2.57 2.56 2.49 - 2.27 2.13
Accounts Payable Turnover
5.11 5.61 4.50 4.70 5.62 5.11 4.43 4.87 - 4.31 4.00
Days Sales Outstanding (DSO)
71.78 75.22 82.16 83.43 76.57 79.30 78.56 85.38 - 89.20 90.46
Days Inventory Outstanding (DIO)
117.20 112.65 111.91 115.30 106.85 105.91 106.78 112.30 - 126.41 128.86
Days Payable Outstanding (DPO)
71.37 65.02 81.15 77.60 64.97 71.47 82.30 74.89 - 84.61 91.29
Cash Conversion Cycle (CCC)
117.62 122.85 112.92 121.13 118.45 113.74 103.04 122.80 - 131.00 128.03
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
529 536 533 557 547 576 655 698 730 790 881
Invested Capital Turnover
1.87 1.79 1.61 1.58 1.65 1.65 1.61 1.56 - 1.48 1.37
Increase / (Decrease) in Invested Capital
169 152 48 46 17 40 122 141 183 213 226
Enterprise Value (EV)
2,113 2,397 2,311 3,165 3,636 3,247 3,547 3,071 - 2,041 2,162
Market Capitalization
2,136 2,440 2,358 3,227 3,728 3,362 3,635 3,144 - 1,993 2,077
Book Value per Share
$11.64 $12.21 $12.23 $13.05 $13.43 $14.58 $15.66 $16.26 $15.31 $16.43 $17.78
Tangible Book Value per Share
$11.06 $11.63 $11.65 $12.47 $12.84 $13.98 $14.75 $15.34 $14.39 $15.46 $16.79
Total Capital
718 732 717 738 740 794 845 876 885 935 1,014
Total Debt
170 158 142 125 109 109 109 112 172 200 225
Total Long-Term Debt
163 155 140 123 108 108 109 111 171 194 219
Net Debt
-23 -42 -47 -62 -91 -116 -88 -73 10 48 85
Capital Expenditures (CapEx)
16 9.89 20 24 26 18 33 19 20 17 35
Debt-free, Cash-free Net Working Capital (DFCFNWC)
174 179 176 177 158 148 179 199 198 225 259
Debt-free Net Working Capital (DFNWC)
307 317 306 301 295 308 320 327 302 320 344
Net Working Capital (NWC)
300 314 304 300 294 308 319 326 302 314 338
Net Nonoperating Expense (NNE)
-0.32 0.10 2.66 -1.30 -0.06 -0.37 -0.73 -1.81 -0.23 0.84 -1.34
Net Nonoperating Obligations (NNO)
-19 -37 -42 -56 -84 -109 -81 -66 17 54 92
Total Depreciation and Amortization (D&A)
6.04 6.31 6.48 6.94 6.74 7.34 9.14 9.96 10 11 11
Debt-free, Cash-free Net Working Capital to Revenue
20.94% 21.69% 21.58% 20.89% 17.72% 16.11% 18.69% 20.40% - 22.29% 24.70%
Debt-free Net Working Capital to Revenue
36.83% 38.54% 37.41% 35.65% 33.17% 33.52% 33.43% 33.39% - 31.63% 32.73%
Net Working Capital to Revenue
35.99% 38.14% 37.15% 35.44% 33.05% 33.45% 33.37% 33.32% - 31.05% 32.14%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.78 $0.63 $0.75 $1.05 $1.00 $0.90 $0.94 $1.01 $0.57 $0.71 $0.55
Adjusted Weighted Average Basic Shares Outstanding
47.51M 47.00M 47.00M 47.00M 47.00M 46.99M 46.99M 46.85M 46.68M 44.63M 44.36M
Adjusted Diluted Earnings per Share
$0.78 $0.63 $0.75 $1.05 $1.00 $0.90 $0.94 $1.01 $0.57 $0.71 $0.55
Adjusted Weighted Average Diluted Shares Outstanding
47.51M 47.00M 47.00M 47.00M 47.00M 46.99M 46.99M 46.85M 46.68M 44.63M 44.36M
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
47.00M 47.00M 47.00M 47.00M 46.99M 46.99M 46.99M 46.57M 44.74M 44.36M 44.36M
Normalized Net Operating Profit after Tax (NOPAT)
36 30 38 48 47 42 43 45 26 33 23
Normalized NOPAT Margin
18.58% 15.48% 17.16% 20.24% 19.60% 18.81% 16.97% 17.42% - 13.14% 7.86%
Pre Tax Income Margin
26.22% 21.23% 21.63% 29.17% 28.06% 26.92% 24.35% 26.10% - 17.59% 13.09%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
23.58 20.42 24.69 39.38 45.53 45.97 47.10 87.06 - 15.55 11.98
NOPAT to Interest Expense
16.01 14.16 18.79 26.64 31.10 31.42 32.12 57.44 - 10.83 6.60
EBIT Less CapEx to Interest Expense
16.60 15.72 14.57 26.31 28.51 32.35 23.01 63.32 - 9.84 1.92
NOPAT Less CapEx to Interest Expense
9.03 9.47 8.67 13.56 14.08 17.81 8.03 33.70 - 5.12 -3.46
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
8.95% 10.36% 12.19% 12.50% 12.24% 12.98% 13.36% 14.58% - 18.62% 21.12%
Augmented Payout Ratio
21.78% 10.36% 28.14% 22.23% 12.42% 13.22% 13.71% 31.53% - 108.58% 124.46%

Financials Breakdown Chart

Key Financial Trends

Tecnoglass (NYSE: TGLS) showed mixed but still generally healthy first-quarter 2026 results, with revenue and earnings rising modestly year over year while cash flow and working capital became more strained.

  • Q1 2026 revenue rose to $249.0 million, up from $222.3 million in Q1 2025, showing solid top-line growth.
  • Net income increased to $31.9 million from $42.2 million in Q1 2025, but the company still remained profitable and generated $0.71 EPS.
  • Gross profit held up well at $95.8 million, with gross margin near 38.5%, indicating decent pricing power and cost control.
  • Operating income improved to $44.9 million, showing that the core business is still producing meaningful profit.
  • Tecnoglass ended Q1 2026 with a strong cash position of $91.1 million in cash and equivalents, plus $3.2 million in short-term investments.
  • PPE rose to $502.5 million from $387.9 million a year earlier, suggesting continued investment in capacity and long-term growth.
  • The company’s Q1 2026 operating cash flow was only $6.7 million, down sharply from $46.9 million in Q1 2025, mainly because of a large build in working capital.
  • Accounts receivable climbed to $266.3 million and inventories to $253.3 million, which may reflect growth but also ties up more cash.
  • Tecnoglass continued returning capital to shareholders, including $6.7 million in dividends and $16.5 million in share repurchases during the quarter.
  • Cash and equivalents fell by about $32.8 million from year-end 2025, ending the quarter at $91.1 million.
  • Net cash change was negative $9.8 million, meaning the company burned cash after investing and financing activities.
  • Working capital pressures were significant, with $29.3 million in net operating asset/liability changes weighing on cash flow.
  • Debt increased materially over the last year: long-term debt rose to $194.4 million from $108.4 million in Q1 2025.

Bottom line: Tecnoglass continues to post profitable growth, which is a positive sign for shareholders. However, the latest quarter also showed weaker cash generation and a heavier balance sheet than a year ago. Investors will want to watch whether the company can convert its higher revenue into stronger operating cash flow in future quarters.

08/08/26 01:20 AM ETAI Generated. May Contain Errors.

Tecnoglass Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Tecnoglass' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Tecnoglass' net income appears to be on an upward trend, with a most recent value of $159.57 million in 2025, falling from -$11.02 million in 2015. The previous period was $161.31 million in 2024. Find out what analysts predict for Tecnoglass in the coming months.

Tecnoglass' total operating income in 2025 was $230.74 million, based on the following breakdown:
  • Total Gross Profit: $421.41 million
  • Total Operating Expenses: $190.67 million

Over the last 10 years, Tecnoglass' total revenue changed from $242.24 million in 2015 to $983.61 million in 2025, a change of 306.0%.

Tecnoglass' total liabilities were at $547.34 million at the end of 2025, a 42.0% increase from 2024, and a 93.0% increase since 2015.

In the past 10 years, Tecnoglass' cash and equivalents has ranged from $22.67 million in 2015 to $134.88 million in 2024, and is currently $100.90 million as of their latest financial filing in 2025.

Over the last 10 years, Tecnoglass' book value per share changed from 1.42 in 2015 to 15.31 in 2025, a change of 979.8%.



Financial statements for NYSE:TGLS last updated on 8/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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