TGLS Financials Tecnoglass Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 9, 2026, 10:19 UTC Overview →

Growth & profitability

Revenue has grown 21.2% per year over the past 5 years.
Net income has grown faster than revenue (46.2% vs 21.2% per year).
Operating margin has expanded, at 23.5% in the latest year.
Free cash flow has declined 8.4% per year over the past 5 years.

Financial health

Total debt ($174M) exceeds cash ($101M); net debt is $74M.
Total debt has grown slower than revenue (-4.9% vs 21.2% per year).
Operating income covered interest expense 39× in the latest year, up from 3.2× 5 years ago.
Total debt is 0.7× EBITDA.

Shareholder returns

Dividends have been paid for 10 consecutive years, consuming 17.6% of earnings and 81.5% of free cash flow.
The dividend has grown 49.2% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$984M	$160M	42.8%	23.5%	22.4%	12.7%	$34M	$174M	$101M
2024	$890M	$161M	42.7%	25.5%	25.6%	15.9%	$91M	$111M	$135M
2023	$833M	$183M	46.9%	31.2%	33.4%	19.0%	$61M	$173M	$130M
2022	$717M	$156M	48.8%	31.6%	44.6%	21.2%	$71M	$173M	$104M
2021	$497M	$68M	40.8%	23.5%	27.9%	11.5%	$66M	$205M	$85M
2020	$377M	$24M	37.0%	17.4%	11.5%	4.5%	$53M	$224M	$68M
2019	$431M	$25M	31.5%	13.6%	13.1%	4.3%	$712000	$260M	$48M
2018	$371M	$9M	32.4%	12.7%	6.8%	1.8%	-$18M	$242M	$33M
2017	$314M	$5M	31.5%	10.9%	4.5%	1.2%	$7M	$224M	$41M
2016	$305M	$23M	36.9%	15.7%	20.4%	5.9%	-$26M	$233M	$27M
2015	—	-$11M	—	—	-29.1%	-3.4%	—	$150M	$23M
2014	—	$10M	—	—	20.6%	3.8%	—	$94M	$19M
2013	—	$24M	—	—	52.1%	9.8%	—	$78M	$3M
2013	—	-$15M	—	—	161.6%	-35.5%	—	—	$9959
2013	—	-$12M	—	—	197.3%	-27.4%	—	—	$17565

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$295M	$25M	37.3%	12.4%	3.1%	1.7%	-$31M	$228M	$81M
Mar '26	$249M	$32M	38.5%	18.0%	4.3%	2.3%	-$11M	$203M	$91M
Dec '25	$245M	$26M	40.0%	18.3%	3.7%	2.1%	$11M	$174M	$101M
Sep '25	$260M	$47M	42.7%	25.1%	6.2%	3.8%	$21M	$115M	$124M
Jun '25	$256M	$44M	44.7%	24.0%	6.0%	3.7%	-$15M	$111M	$138M
Mar '25	$222M	$42M	43.9%	26.7%	6.2%	3.7%	$16M	$111M	$157M
Dec '24	$240M	$47M	44.5%	28.0%	7.4%	4.6%	$35M	$111M	$135M
Sep '24	$238M	$50M	45.8%	28.4%	—	5.0%	$18M	$127M	$122M
Jun '24	$220M	$35M	40.8%	23.3%	6.1%	3.7%	$14M	$145M	$127M
Mar '24	$193M	$30M	38.8%	21.3%	—	3.0%	$24M	$161M	$136M
Dec '23	$195M	$36M	42.6%	26.0%	6.6%	3.8%	$29M	$173M	$130M
Sep '23	$211M	$46M	43.0%	29.0%	8.9%	4.9%	$27M	$173M	$119M
Jun '23	$225M	$52M	48.7%	33.1%	11.0%	5.9%	-$22M	$173M	$105M
Mar '23	$203M	$48M	53.2%	36.4%	12.1%	5.9%	$28M	$174M	$129M
Dec '22	$211M	$55M	52.2%	36.4%	15.8%	7.5%	$25M	$173M	$104M
Sep '22	$202M	$47M	52.2%	34.8%	15.0%	6.9%	$9M	$173M	$84M
Jun '22	$169M	$33M	43.5%	26.9%	11.6%	5.1%	$19M	$190M	$99M
Mar '22	$135M	$21M	44.8%	25.2%	7.5%	3.3%	$18M	$190M	$84M
Dec '21	$132M	$20M	42.9%	25.0%	8.1%	3.3%	$5M	$205M	$85M
Sep '21	$132M	$21M	39.2%	22.7%	8.8%	3.6%	$19M	$208M	$87M

Valuation over time

How the market has priced TGLS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 11.9× (Mar '23) to 11.1× (Nov '26).
The price-to-sales ratio has fallen from 2.6× (Mar '23) to 1.8× (Nov '26).
The dividend yield has risen from 0.7% (Mar '23) to 1.6% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is TGLS growing its revenue and profit?

Over the past 5 years, Tecnoglass Inc.'s revenue has grown 21.2% per year, and net income grown 46.2% per year. These are computed facts, not advice.

How much debt does TGLS have?

As of FY2025, Tecnoglass Inc. reported $174M of total debt against $101M of cash; operating income covered interest expense 39×.

What is TGLS's profit margin?

In FY2025, gross margin was 42.8%, operating margin 23.5%, and net margin 16.2%.

What is TGLS's P/E ratio?

Tecnoglass Inc.'s P/E (TTM) is 13.69 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the TGLS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 11.1× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.