Tecnoglass Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Tecnoglass Inc has an operating margin of 25.5%, meaning the company retains $26 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is down from 31.2% the prior year.
Tecnoglass Inc's revenue grew 6.8% year-over-year to $890.2M, a solid pace of expansion. This earns a growth score of 48/100.
Tecnoglass Inc carries a low D/E ratio of 0.17, meaning only $0.17 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Tecnoglass Inc's current ratio of 2.11 indicates adequate short-term liquidity, earning a score of 64/100. The company can meet its near-term obligations, though with limited headroom.
Tecnoglass Inc has a free cash flow margin of 10.2%, earning a moderate score of 51/100. The company generates positive cash flow after capital investments, but with room for improvement.
Tecnoglass Inc earns a strong 25.6% return on equity (ROE), meaning it generates $26 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is down from 33.4% the prior year.
Tecnoglass Inc scores 6.54, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($2.5B) relative to total liabilities ($385.5M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Tecnoglass Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Tecnoglass Inc generates $1.06 in operating cash flow ($170.5M OCF vs $161.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Tecnoglass Inc earns $36.5 in operating income for every $1 of interest expense ($227.0M vs $6.2M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
This page shows Tecnoglass Inc (TGLS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Tecnoglass Inc generated $890.2M in revenue in fiscal year 2024. This represents an increase of 6.8% from the prior year.
Tecnoglass Inc's EBITDA was $253.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 10.0% from the prior year.
Tecnoglass Inc generated $91.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 49.5% from the prior year.
Tecnoglass Inc reported $161.3M in net income in fiscal year 2024. This represents a decrease of 11.8% from the prior year.
Tecnoglass Inc earned $3.43 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 10.9% from the prior year.
Tecnoglass Inc held $134.9M in cash against $108.2M in long-term debt as of fiscal year 2024.
Tecnoglass Inc had 47M shares outstanding in fiscal year 2024. This represents a decrease of 0.0% from the prior year.
Tecnoglass Inc's gross margin was 42.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 4.2 percentage points from the prior year.
Tecnoglass Inc's operating margin was 25.5% in fiscal year 2024, reflecting core business profitability. This is down 5.7 percentage points from the prior year.
Tecnoglass Inc's net profit margin was 18.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 3.8 percentage points from the prior year.
Tecnoglass Inc's ROE was 25.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 7.8 percentage points from the prior year.
Tecnoglass Inc spent $291K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 98.8% from the prior year.
Tecnoglass Inc invested $79.6M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 2.1% from the prior year.
TGLS Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $260.5M+1.9% | $255.5M+15.0% | $222.3M-7.2% | $239.6M+9.1% | $219.7M+14.0% | $192.6M-1.0% | $194.6M-7.7% | $210.7M |
| Cost of Revenue | $149.2M+5.6% | $141.2M+13.2% | $124.8M-6.2% | $133.1M+2.3% | $130.1M+10.3% | $118.0M+5.7% | $111.6M-7.1% | $120.2M |
| Gross Profit | $111.3M-2.6% | $114.3M+17.2% | $97.5M-8.4% | $106.5M+18.9% | $89.6M+20.0% | $74.7M-10.0% | $83.0M-8.3% | $90.5M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $21.3M-8.9% | $23.4M+24.1% | $18.9M+0.1% | $18.8M+2.1% | $18.4M+14.9% | $16.1M-4.9% | $16.9M+22.4% | $13.8M |
| Operating Income | $65.4M+6.8% | $61.2M+3.2% | $59.3M-11.6% | $67.2M+31.3% | $51.1M+24.7% | $41.0M-18.9% | $50.6M-17.1% | $61.0M |
| Interest Expense | -$1.9M | N/A | N/A | -$1.5M | N/A | N/A | N/A | N/A |
| Income Tax | $20.8M+14.6% | $18.1M+2.8% | $17.7M-12.7% | $20.2M+61.8% | $12.5M+12.0% | $11.2M-23.2% | $14.5M-5.9% | $15.4M |
| Net Income | $47.2M+7.0% | $44.1M+4.5% | $42.2M-10.3% | $47.0M+34.2% | $35.0M+17.8% | $29.7M-18.2% | $36.3M-20.8% | $45.9M |
| EPS (Diluted) | $1.01+7.4% | $0.94+4.4% | $0.90-10.0% | $1.00+33.3% | $0.75+19.0% | $0.63-19.2% | $0.78-18.7% | $0.96 |
TGLS Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.2B+4.0% | $1.2B+3.8% | $1.1B+12.0% | $1.0B+7.9% | $942.5M-4.0% | $981.6M+2.0% | $962.7M+2.5% | $939.1M |
| Current Assets | $658.4M+3.0% | $639.4M+0.4% | $636.8M+13.7% | $560.0M+8.4% | $516.7M-6.0% | $549.6M+2.6% | $535.8M-0.3% | $537.1M |
| Cash & Equivalents | $124.0M-10.1% | $137.9M-12.3% | $157.3M+16.6% | $134.9M+6.4% | $126.8M-6.7% | $135.9M+4.9% | $129.5M+8.9% | $119.0M |
| Inventory | $194.4M+10.1% | $176.5M+13.3% | $155.8M+11.6% | $139.6M+5.4% | $132.5M-8.1% | $144.2M-9.3% | $159.1M-4.1% | $165.8M |
| Accounts Receivable | $242.7M+6.6% | $227.6M+1.3% | $224.6M+10.7% | $202.9M+13.5% | $178.8M+4.8% | $170.6M+2.5% | $166.5M-4.4% | $174.1M |
| Goodwill | $30.1M-0.4% | $30.2M+28.1% | $23.6M0.0% | $23.6M0.0% | $23.6M0.0% | $23.6M0.0% | $23.6M0.0% | $23.6M |
| Total Liabilities | $464.1M+4.2% | $445.2M-1.8% | $453.2M+17.6% | $385.5M+4.8% | $367.6M-9.9% | $407.9M-1.6% | $414.7M-1.2% | $419.6M |
| Current Liabilities | $332.6M+3.8% | $320.5M-2.6% | $329.1M+23.8% | $265.8M+24.8% | $212.9M-9.6% | $235.7M-0.1% | $235.9M-1.3% | $239.0M |
| Long-Term Debt | $111.2M+2.3% | $108.6M+0.2% | $108.4M+0.2% | $108.2M-22.7% | $140.1M-9.4% | $154.6M-5.2% | $163.0M-2.2% | $166.7M |
| Total Equity | $764.0M+3.8% | $736.0M+7.4% | $685.1M+8.5% | $631.2M+9.8% | $574.8M+0.2% | $573.6M+4.7% | $548.0M+5.9% | $517.5M |
| Retained Earnings | $651.2M+6.6% | $611.0M+6.5% | $573.9M+6.5% | $538.8M+18.6% | $454.5M+7.0% | $424.6M+6.1% | $400.0M+8.7% | $367.9M |
TGLS Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $40.0M+123.9% | $17.9M-61.9% | $46.9M-23.3% | $61.1M+77.2% | $34.5M+3.1% | $33.4M-24.6% | $44.3M-13.5% | $51.3M |
| Capital Expenditures | $18.8M-42.3% | $32.5M+6.9% | $30.4M+18.4% | $25.7M+26.5% | $20.3M+105.4% | $9.9M-37.3% | $15.8M-35.1% | $24.3M |
| Free Cash Flow | $21.2M+244.9% | -$14.7M-188.9% | $16.5M-53.5% | $35.4M+149.6% | $14.2M-39.7% | $23.6M-17.5% | $28.6M+6.0% | $27.0M |
| Investing Cash Flow | -$19.4M+36.4% | -$30.4M-67.3% | -$18.2M+29.5% | -$25.8M-46.5% | -$17.6M-72.8% | -$10.2M+24.6% | -$13.5M+44.6% | -$24.4M |
| Financing Cash Flow | -$35.6M-376.1% | -$7.5M-0.7% | -$7.4M+64.8% | -$21.1M+10.5% | -$23.6M-41.7% | -$16.7M+23.6% | -$21.8M-66.7% | -$13.1M |
| Dividends Paid | $7.0M0.0% | $7.0M0.0% | $7.0M+36.4% | $5.2M0.0% | $5.2M+21.9% | $4.2M-0.7% | $4.3M-0.5% | $4.3M |
| Share Buybacks | $30.0M+13847.9% | $215K+73.4% | $124K-54.9% | $275K | N/A | N/A | $14.7M+66.0% | $8.8M |
TGLS Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 42.7%-2.0pp | 44.7%+0.9pp | 43.9%-0.6pp | 44.5%+3.7pp | 40.8%+2.0pp | 38.8%-3.9pp | 42.6%-0.3pp | 43.0% |
| Operating Margin | 25.1%+1.2pp | 23.9%-2.7pp | 26.7%-1.3pp | 28.0%+4.7pp | 23.3%+2.0pp | 21.3%-4.7pp | 26.0%-3.0pp | 28.9% |
| Net Margin | 18.1%+0.9pp | 17.3%-1.7pp | 19.0%-0.6pp | 19.6%+3.7pp | 16.0%+0.5pp | 15.4%-3.2pp | 18.7%-3.1pp | 21.8% |
| Return on Equity | 6.2%+0.2pp | 6.0%-0.2pp | 6.2%-1.3pp | 7.4%+1.4pp | 6.1%+0.9pp | 5.2%-1.4pp | 6.6%-2.2pp | 8.9% |
| Return on Assets | 3.8%+0.1pp | 3.7%+0.0pp | 3.7%-0.9pp | 4.6%+0.9pp | 3.7%+0.7pp | 3.0%-0.7pp | 3.8%-1.1pp | 4.9% |
| Current Ratio | 1.98-0.0 | 2.00+0.1 | 1.94-0.2 | 2.11-0.3 | 2.43+0.1 | 2.33+0.1 | 2.27+0.0 | 2.25 |
| Debt-to-Equity | 0.150.0 | 0.15-0.0 | 0.16-0.0 | 0.17-0.1 | 0.24-0.0 | 0.27-0.0 | 0.30-0.0 | 0.32 |
| FCF Margin | 8.2%+13.9pp | -5.7%-13.1pp | 7.4%-7.4pp | 14.8%+8.3pp | 6.5%-5.8pp | 12.2%-2.5pp | 14.7%+1.9pp | 12.8% |
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Frequently Asked Questions
What is Tecnoglass Inc's annual revenue?
Tecnoglass Inc (TGLS) reported $890.2M in total revenue for fiscal year 2024. This represents a 6.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Tecnoglass Inc's revenue growing?
Tecnoglass Inc (TGLS) revenue grew by 6.8% year-over-year, from $833.3M to $890.2M in fiscal year 2024.
Is Tecnoglass Inc profitable?
Yes, Tecnoglass Inc (TGLS) reported a net income of $161.3M in fiscal year 2024, with a net profit margin of 18.1%.
What is Tecnoglass Inc's earnings per share (EPS)?
Tecnoglass Inc (TGLS) reported diluted earnings per share of $3.43 for fiscal year 2024. This represents a -10.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Tecnoglass Inc's EBITDA?
Tecnoglass Inc (TGLS) had EBITDA of $253.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Tecnoglass Inc have?
As of fiscal year 2024, Tecnoglass Inc (TGLS) had $134.9M in cash and equivalents against $108.2M in long-term debt.
What is Tecnoglass Inc's gross margin?
Tecnoglass Inc (TGLS) had a gross margin of 42.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Tecnoglass Inc's operating margin?
Tecnoglass Inc (TGLS) had an operating margin of 25.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Tecnoglass Inc's net profit margin?
Tecnoglass Inc (TGLS) had a net profit margin of 18.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Tecnoglass Inc's return on equity (ROE)?
Tecnoglass Inc (TGLS) has a return on equity of 25.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Tecnoglass Inc's free cash flow?
Tecnoglass Inc (TGLS) generated $91.0M in free cash flow during fiscal year 2024. This represents a 49.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Tecnoglass Inc's operating cash flow?
Tecnoglass Inc (TGLS) generated $170.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Tecnoglass Inc's total assets?
Tecnoglass Inc (TGLS) had $1.0B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Tecnoglass Inc's capital expenditures?
Tecnoglass Inc (TGLS) invested $79.6M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Tecnoglass Inc buy back shares?
Yes, Tecnoglass Inc (TGLS) spent $291K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Tecnoglass Inc have outstanding?
Tecnoglass Inc (TGLS) had 47M shares outstanding as of fiscal year 2024.
What is Tecnoglass Inc's current ratio?
Tecnoglass Inc (TGLS) had a current ratio of 2.11 as of fiscal year 2024, which is generally considered healthy.
What is Tecnoglass Inc's debt-to-equity ratio?
Tecnoglass Inc (TGLS) had a debt-to-equity ratio of 0.17 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Tecnoglass Inc's return on assets (ROA)?
Tecnoglass Inc (TGLS) had a return on assets of 15.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Tecnoglass Inc's Altman Z-Score?
Tecnoglass Inc (TGLS) has an Altman Z-Score of 6.54, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Tecnoglass Inc's Piotroski F-Score?
Tecnoglass Inc (TGLS) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Tecnoglass Inc's earnings high quality?
Tecnoglass Inc (TGLS) has an earnings quality ratio of 1.06x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Tecnoglass Inc cover its interest payments?
Tecnoglass Inc (TGLS) has an interest coverage ratio of 36.5x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Tecnoglass Inc?
Tecnoglass Inc (TGLS) scores 77 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.