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Tecnoglass Holdings Inc. (TGLS) stock

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NYSE: TGLS NYSE Building Products Next results ~November 5, 2026

Tecnoglass Holdings Inc. is a US-listed company in the building products industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: data-quality checks not passed.

Price vs value

Under review: data-quality checks not passed. We'll show the comparison once resolved.

Tecnoglass Holdings Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders2 buying, 0 selling8 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds18 adding, 0 cuttingOf 3 active managers that changed their stake, 3 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Tecnoglass files

Where Tecnoglass stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.05bn, up 50.0% on a year earlier, against a decline of 17.9% a quarter earlier. Free-cash-flow margin fell to -0.8% from 7.9% a year earlier. Operating margin narrowed to 18.3% from 36.5%. The diluted share count is down 3.3% on a year earlier, which lifts each remaining share. It passes 6 of our 7 financial-health checks.

Our model value for Tecnoglass is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Tecnoglass Holdings Inc.'s trailing-twelve-month revenue grew 50.0% year on year, with a free-cash-flow margin of -0.8%.

Our discounted-cash-flow model values the business at ~$39 per share in the base case (~$29–$52 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Revenue growth accelerating: TTM revenue growth rose to 50.0% (+67.9pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 50.0% over the last 12 months.
  • Growth speeding up. The growth rate is 67.9 points higher than a quarter earlier.
  • Shrinking share count. Diluted shares fell 3.3% in a year, so each share owns more of the business.

Things to watch

  • Results due soon. Results are expected around 5 November; the share price can move sharply on the day.
  • Margins narrowing. Operating margin is down 18.2 points on a year ago.
  • Burning cash. Free cash flow was -0.8% of revenue over the last 12 months.
  • Gross margin slipping. Gross margin is down 21.5 points on a year ago.
  • Weak cash conversion. Free cash flow was -7% of net income over the last 12 months.
  • Heavily shorted. 13.1% of the shares available to trade are sold short (6.5 days of average volume to cover).

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
$0.54 against an average estimate of $0.52: beat by 3.4%
Revenue
$295m, up 5575636.4% on a year earlier
Share reaction
-7.6% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Next report
November 5, 2026; average EPS estimate $0.59

Tecnoglass' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.8%
  • 1 week+5.1%
  • 1 month+15.0%
  • This year-19.7%
  • 1 year-32.2%
  • 5 years+40.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.1B
Operating margin
18.3%
Net margin
12.4%
EPS (TTM, diluted)
$2.86

Growth

Revenue growth
+50.0%
Change in growth rate
+67.9 pts
Share count change
−3.3%

Cash

Free cash flow (TTM)
-$8.9M
FCF margin
-0.8%

Earnings

Last results
August 6, 2026
Next results (est.)
November 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Results
  3. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Tecnoglass Holdings Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: data-quality checks not passed.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Tecnoglass Holdings Inc. as an operating company, with every model that fits that kind of business. Cost of equity 10%: the 10-year Treasury yield (4.9%) plus a beta of 1.13 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$54 ~$51–$70 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Tecnoglass Holdings Inc. with Building Products in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$10.41$9.48$6.06$6.98$7.68$6.57$25.07$29.81$44.68$78.13$49.77$39.96
Market value$303m$317m$227m$276m$341m$305m$1.2bn$1.4bn$2.1bn$3.7bn$2.3bn$1.8bn
+ Net debt (− = net cash)$164m−$3m$183m$209m$212m$157m$120m$70m$44m−$24m$74m$147m
Enterprise value$467m$313m$410m$485m$553m$461m$1.3bn$1.5bn$2.2bn$3.6bn$2.4bn$2.0bn
Multiples
Price / sales 1.2x1.0x0.7x0.7x0.8x0.8x2.4x2.0x2.5x4.1x2.4x1.7x
Price / earnings —13.7x41.6x30.5x13.9x12.8x17.5x9.1x11.6x22.8x14.6x14.0x
Price / free cash flow ——31.6x—n/m5.7x18.2x20.1x34.9x40.4x67.3x—
EV / EBITDA 9.1x4.9x7.4x6.9x6.8x5.3x9.5x6.1x7.7x14.4x9.0x8.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

58 /100

Moderate moat

How hard Tecnoglass's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 15 / 20

    Net income has been a median 9.3% of total assets over 10 years.

  • Pricing power 7 / 20

    Gross margin has been a median 39.3%, moving by 8.9 percentage points (standard deviation) across 10 years.

  • Durability 14 / 20

    Operating margin has been a median 19.5%; its worst year was 11.5%.

  • Cash conversion 9 / 20

    Free cash flow was positive in 6 of 10 years, at a median 5.6% of revenue.

  • Discipline 18 / 20

    The diluted share count fell 3.7% over five years; stock-based pay has been a median 0.1% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (63 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, before the open. Analysts expect revenue of $284m and EPS of $0.59 (range $0.56 to $0.61) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.57 −28% $1.1bn +13%
Next $3.41 +33% $1.2bn +11%

Next year's EPS estimate has moved −4.5% in 90 days, across 5 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −6.9% on 90 days ago. In the last 30 days, 0 analysts raised Tecnoglass Holdings Inc.'s forecast and 3 cut it.

Consensus EPS forecast Tecnoglass Holdings Inc., last 90 days
$2.50 $3.00 $3.50 $4.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.76 Current fiscal year, 60 days ago: $2.58 Current fiscal year, 30 days ago: $2.57 Current fiscal year, 7 days ago: $2.57 Current fiscal year, Now: $2.57 $2.57 Next fiscal year, 90 days ago: $3.57 Next fiscal year, 60 days ago: $3.43 Next fiscal year, 30 days ago: $3.40 Next fiscal year, 7 days ago: $3.40 Next fiscal year, Now: $3.41 $3.41

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.76$3.57
60 days ago $2.58$3.43
30 days ago $2.57$3.40
7 days ago $2.57$3.40
Now $2.57$3.41

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.52 $0.54 +3.4%
Mar 2026 $0.72 $0.78 +8.3%
Dec 2025 $0.84 $0.63 −25.2%
Sept 2025 $1.11 $1.00 −9.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

4 analysts, Oct 2026
Buy375%
Hold125%
Sell00%

Monthly trend

  1. Oct 20261214
  2. Sep 20261214
  3. Aug 2026213
  4. Jul 2026213

Counts of recommendations published by analysts covering Tecnoglass Holdings Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
13.1%
of tradable shares
Days to cover
6.5
at average volume
Short interest, 1 month
+29%
to October 15, 2026
Held by institutions
48%
of shares
Held by insiders
44.7%
of shares
Employees
9,601
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −32.2%

$58.97 on October 31, 2025 to $39.96

ThenNowEffect
Revenue (last 12 months) $700m $1.1bn +50.0%
Net margin 19.8% 12.4% −37.6%
P/E multiple 20.0x 14.0x −29.9%
Share count 47m 45m +3.4%

Biggest factor: net margin.

Last 3 years +19.6%

$33.42 on November 3, 2023 to $39.96

ThenNowEffect
Revenue (last 12 months) $841m $1.1bn +24.9%
Net margin 24.1% 12.4% −48.7%
P/E multiple 7.9x 14.0x +77.8%
Share count 48m 45m +4.9%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
TGLS+282%+19%+50%+75%−36%−20%
Industry peers (median)+22%−24%+44%+10%−11%+5%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
TGLS50%33%58%67%25%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
TGLS−45%−41%−44%−31%−49%−35%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 81% from December 1, 2015 to March 23, 2020. Getting back needed a 435% gain, reached on March 31, 2021, 373 days after the low.

Price behaviour

52-week range
$34.48 – $58.01
From 52-week high
−31.1%
vs 50-day average
+6.2%
vs 200-day average
−6.7%
Volatility (1 year)
41%
Beta vs S&P 500
1.04

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±9.1%
After a week
7 up, 5 down
typical move ±10.7%
After a month
5 up, 7 down
typical move ±13.8%
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 −7.6% +0.5% −11.8% −14.5%
May 7, 2026 −9.7% +0.5% −6.9% −3.9%
April 9, 2026 −0.7% +0.5% +0.5% −9.4%
February 26, 2026 −7.2% −1.0% −10.2% −13.5%
November 6, 2025 −11.2% −1.0% −19.8% −8.7%
August 7, 2025 −5.1% +0.7% +0.9% −8.2%
May 8, 2025 +16.5% +0.6% +19.2% +24.5%
February 27, 2025 +5.3% −0.1% −5.0% +1.0%
November 7, 2024 +8.2% +1.2% +5.3% +17.6%
August 8, 2024 +17.8% +2.8% +26.0% +25.5%
June 25, 2024 +18.2% +0.5% +19.1% +26.5%
May 9, 2024 +1.2% +0.7% +3.2% −11.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Tecnoglass Holdings Inc.
$700M $800M $900M $1B $1.1B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $849.8M Revenue (TTM), FY23 Q4: $833.3M Revenue (TTM), FY24 Q1: $823.3M Revenue (TTM), FY24 Q2: $817.6M Revenue (TTM), FY24 Q3: $845.2M Revenue (TTM), FY24 Q4: $890.2M Revenue (TTM), FY25 Q1: $919.8M Revenue (TTM), FY25 Q2: $700.2M Revenue (TTM), FY25 Q3: $722.3M Revenue (TTM), FY25 Q4: $728.1M Revenue (TTM), FY26 Q1: $754.8M Revenue (TTM), FY26 Q2: $1.1B $1.1B

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $849.8M
FY23 Q4 $833.3M
FY24 Q1 $823.3M
FY24 Q2 $817.6M
FY24 Q3 $845.2M
FY24 Q4 $890.2M
FY25 Q1 $919.8M
FY25 Q2 $700.2M
FY25 Q3 $722.3M
FY25 Q4 $728.1M
FY26 Q1 $754.8M
FY26 Q2 $1.1B
Revenue growth, TTM YoY Tecnoglass Holdings Inc.
-20% 0% 20% 40% 60% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 33.3% Revenue growth, TTM YoY, FY23 Q4: 16.3% Revenue growth, TTM YoY, FY24 Q1: 4.9% Revenue growth, TTM YoY, FY24 Q2: -2.8% Revenue growth, TTM YoY, FY24 Q3: -0.5% Revenue growth, TTM YoY, FY24 Q4: 6.8% Revenue growth, TTM YoY, FY25 Q1: 11.7% Revenue growth, TTM YoY, FY25 Q2: -14.4% Revenue growth, TTM YoY, FY25 Q3: -14.5% Revenue growth, TTM YoY, FY25 Q4: -18.2% Revenue growth, TTM YoY, FY26 Q1: -17.9% Revenue growth, TTM YoY, FY26 Q2: 50.0% 50.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 33.3%
FY23 Q4 16.3%
FY24 Q1 4.9%
FY24 Q2 -2.8%
FY24 Q3 -0.5%
FY24 Q4 6.8%
FY25 Q1 11.7%
FY25 Q2 -14.4%
FY25 Q3 -14.5%
FY25 Q4 -18.2%
FY26 Q1 -17.9%
FY26 Q2 50.0%
Operating margin (TTM) Tecnoglass Holdings Inc.
15% 20% 25% 30% 35% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 33.7% Operating margin (TTM), FY23 Q4: 31.2% Operating margin (TTM), FY24 Q1: 27.6% Operating margin (TTM), FY24 Q2: 24.9% Operating margin (TTM), FY24 Q3: 24.9% Operating margin (TTM), FY24 Q4: 25.5% Operating margin (TTM), FY25 Q1: 26.7% Operating margin (TTM), FY25 Q2: 36.5% Operating margin (TTM), FY25 Q3: 35.0% Operating margin (TTM), FY25 Q4: 31.7% Operating margin (TTM), FY26 Q1: 28.7% Operating margin (TTM), FY26 Q2: 18.3% 18.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 33.7%
FY23 Q4 31.2%
FY24 Q1 27.6%
FY24 Q2 24.9%
FY24 Q3 24.9%
FY24 Q4 25.5%
FY25 Q1 26.7%
FY25 Q2 36.5%
FY25 Q3 35.0%
FY25 Q4 31.7%
FY26 Q1 28.7%
FY26 Q2 18.3%
FCF margin (TTM) Tecnoglass Holdings Inc.
-5% 0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 6.8% FCF margin (TTM), FY23 Q4: 7.3% FCF margin (TTM), FY24 Q1: 6.9% FCF margin (TTM), FY24 Q2: 11.4% FCF margin (TTM), FY24 Q3: 10.0% FCF margin (TTM), FY24 Q4: 10.2% FCF margin (TTM), FY25 Q1: 9.1% FCF margin (TTM), FY25 Q2: 7.9% FCF margin (TTM), FY25 Q3: 8.1% FCF margin (TTM), FY25 Q4: 4.7% FCF margin (TTM), FY26 Q1: 1.0% FCF margin (TTM), FY26 Q2: -0.8% -0.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 6.8%
FY23 Q4 7.3%
FY24 Q1 6.9%
FY24 Q2 11.4%
FY24 Q3 10.0%
FY24 Q4 10.2%
FY25 Q1 9.1%
FY25 Q2 7.9%
FY25 Q3 8.1%
FY25 Q4 4.7%
FY26 Q1 1.0%
FY26 Q2 -0.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Tecnoglass took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $984M
  2. Cost of revenue $562M · 57.2%
  3. Gross profit $421M · 42.8%
  4. Selling, general and admin $90.9M · 9.2%
  5. Other operating costs $99.8M · 10.1%
  6. Operating income $231M · 23.5%
  7. Income tax $75.7M · 7.7%
  8. Net income $160M · 16.2%

Shares of revenue. Source: Tecnoglass's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 130 183 197 242 305 314 371 431 377 497 717 833 890 984 1,050
Gross profit 35 55 66 91 113 99 120 136 139 203 349 391 380 421 415
EBITDA 19 35 36 51 63 55 70 82 86 138 246 282 253 268 233
Operating income 11 27 27 40 48 34 47 59 66 117 226 260 227 231 192
Net income 6 24 10 −11 23 5 9 25 24 68 156 183 161 160 130
Diluted EPS $0.29 $1.18 $0.34 −$0.38 $0.69 $0.15 $0.21 $0.55 $0.51 $1.43 $3.27 $3.85 $3.43 $3.42 $2.86
Growth (year on year)
Revenue — +40.6% +7.7% +22.7% +25.9% +3.1% +18.0% +16.2% −12.6% +31.9% +44.2% +16.3% +6.8% +10.5% +50.0%
EBITDA — +85.1% +3.7% +43.8% +23.1% −12.7% +27.1% +15.9% +5.9% +59.7% +78.5% +14.4% −10.0% +5.5% −18.3%
Operating income — +148.4% −0.1% +45.4% +20.9% −28.2% +37.3% +24.6% +11.7% +78.0% +93.5% +14.7% −12.6% +1.6% −24.9%
Net income — +314.7% −61.1% −215.9% — −76.5% — +171.7% −2.7% +185.4% +128.5% +17.4% −11.8% −1.1% −6.5%
Diluted EPS — +306.9% −71.2% −211.8% — −78.3% — +161.9% −7.3% +180.4% +128.7% +17.7% −10.9% −0.3% −3.3%
Margins
Gross margin 26.8% 30.2% 33.6% 37.5% 36.9% 31.5% 32.4% 31.5% 37.0% 40.8% 48.8% 46.9% 42.7% 42.8% 39.6%
EBITDA margin 14.3% 18.8% 18.1% 21.2% 20.8% 17.6% 19.0% 18.9% 22.9% 27.8% 34.3% 33.8% 28.5% 27.2% 22.2%
Operating margin 8.4% 14.9% 13.8% 16.3% 15.7% 10.9% 12.7% 13.6% 17.4% 23.5% 31.6% 31.2% 25.5% 23.5% 18.3%
Net margin 4.5% 13.3% 4.8% −4.5% 7.6% 1.7% 2.4% 5.7% 6.3% 13.7% 21.7% 21.9% 18.1% 16.2% 12.4%
Free-cash-flow margin −25.5% −5.1% −15.0% −5.1% −8.5% 2.3% −4.9% 0.2% 14.2% 13.2% 9.9% 7.3% 10.2% 3.5% −0.8%
Cash flow
Cash from operations −7 11 −5 3 −3 14 −5 26 72 117 142 139 171 136 82
Capital spending 26 20 25 15 23 7 13 25 18 52 71 78 80 101 91
Free cash flow −33 −9 −30 −12 −26 7 −18 1 53 66 71 61 91 34 −9
Stock-based pay — — — — 0 0 — — — — — — — — —
Free cash flow after stock pay — — — — −26 7 — — — — — — — — —
Balance sheet
Cash 2 3 19 23 27 41 33 48 68 85 104 130 135 101 81
Total debt 57 78 94 187 24 224 242 260 224 205 173 173 111 174 228
Net debt (negative = net cash) 55 75 75 164 −3 183 209 212 157 120 70 44 −24 74 147
Diluted shares 21m 21m 28m 29m 33m 37m 39m 44m 46m 48m 48m 48m 47m 47m 45m
Returned to shareholders
Dividends — — — — 1 2 3 5 4 5 13 16 20 28 27
Buybacks — 23 — — — — — — — — — 24 0 118 134
Total returned — 23 — — 1 2 3 5 4 5 13 40 20 146 161

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

6 of 7 checks passed · June 30, 2026
What it owns · $1.4bn
Short-term assets $730mLonger-term assets $700m
What it owes, and who funded it · $1.4bn
Short-term liabilities $393mLonger-term liabilities $248mShareholders' equity $789m
  • Short-term assets cover short-term liabilities $730m of assets due within a year against $393m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $730m short-term assets against $248m of longer-dated liabilities.
  • More cash than debt $81m of cash against $225m of debt.
  • Debt below 40% of shareholders' equity Debt is 29% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 77% to 29% over five years.
  • A year's operating cash flow covers at least 20% of debt $82m of operating cash flow against $225m of debt.
  • Operating profit covers interest at least five times over Operating income of $192m against $2m of interest.

From Tecnoglass Holdings Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$134M
Dividends (TTM)
$27.4M
Returned to shareholders
-1820%
of free cash flow
Buybacks, last 3 fiscal years
$142M
Diluted share count
−3.3%
year over year
Total shareholder yield
9.1%
dividends 1.6% + buybacks 7.6% of market value
Dividend payout ratio
21%
of net income paid out
Days sales outstanding
100 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in building products
Last 12 months unless stated TGLS HAYW TREX JBI CSW WOR Median
Revenue, last 12 months $1.1bn $1.2bn $1.2bn $902m $1.3bn $1.4bn $1.7bn
Revenue growth, last 12 months 50.0% 7.6% 7.0% 0.3% 30.0% 18.4% 4.0%
Revenue growth, 3-year average 7.7% 6.7% 7.4% −5.4% 17.5% −32.9% 3.7%
Revenue growth, latest quarter >999% 6.5% 7.8% 2.4% 30.5% 13.2% 8.3%
Gross margin 39.6% 48.0% 38.2% 35.9% 42.1% 27.2% 32.1%
Operating margin 18.3% 21.6% 20.2% 9.3% 16.9% 5.6% 7.2%
Operating margin, 3-year average 26.5% 20.2% 24.0% 14.4% 19.2% 0.8% 11.1%
Net margin 12.4% 14.4% 14.7% 3.7% 10.2% 11.5% 5.6%
Cash from operations / revenue 7.8% 16.8% 29.6% 11.1% 15.8% 17.7% 12.4%
Free-cash-flow margin −0.8% 13.5% 17.2% 9.1% 14.2% 13.8% 8.7%
Free-cash-flow margin, 3-year average 6.1% 17.6% 7.7% 14.4% 17.0% 12.4% 8.5%
Stock pay / revenue 0.1% 1.3% 0.8% 1.8% 1.3% 1.0% 0.7%
Change in share count −3.3% −0.6% −2.1% −2.1% −2.3% −1.1% −0.6%

Median of all 47 companies we cover in building products. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Windows and Architectural Systems $922M ▲ 13.9%
Product Sales $720M ▼ 1.1%
Commercial $580M ▲ 12.0%
Residential $403M ▲ 8.4%
Fixed Price Contracts $264M ▲ 62.7%
Glass and Framing Components $61.4M ▼ 23.4%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
United States $933M 94.8% ▲ 9.8%
CO $31.7M 3.2% ▲ 26.6%
Other $18.2M 1.9% ▲ 29.3%
PA $760,000 0.1% ▼ 34.4%

From Tecnoglass Holdings Inc.'s 10-K filed March 2, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$73.6M
Institutions reporting
18
Positions opened / closed
18 / 0

Top buyers and sellers, Q2 2026: 18 institutions bought and 0 sold ; the biggest buyer was Owls Nest Partners Ia, LLC (+693K shares) . See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Owls Nest Partners Ia, LLC $32.4M 693K 44.1% —
Cooke & Bieler LP $25.7M 549K 34.9% —
Marshall Wace, LLP $10.8M 232K 14.7% —
Dark Forest Capital Management LP $1.5M 32K 2.1% —
Price T Rowe Associates Inc $1.5M 32K 2.0% —
Ensign Peak Advisors, Inc $550,486 12K 0.7% —
Rothschild Investment LLC $522,353 11K 0.7% —
Systematic Alpha Investments, LLC $411,928 9K 0.6% —
Parallel Advisors, LLC $36,839 1K 0.1% —
Aster Capital Management (Difc) Ltd $18,303 0K 0.0% —
Sbi Securities Co., Ltd. $18,022 0K 0.0% —
Eversource Wealth Advisors, LLC $14,651 0K 0.0% —

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Tecnoglass Holdings Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $27M 8 trades by 2 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $27M net buying
Insider Date Trade Shares Price Value
Energy Holding Corp 10% owner May 15, 2026 Buy 19,121 $40.27 $770,003
Energy Holding Corp 10% owner May 14, 2026 Buy 80,879 $40.56 $3.3M
Energy Holding Corp 10% owner March 13, 2026 Buy 107,629 $45.11 $4.9M
Energy Holding Corp 10% owner March 12, 2026 Buy 107,600 $45.28 $4.9M
Energy Holding Corp 10% owner March 11, 2026 Buy 92,066 $44.24 $4.1M
Energy Holding Corp 10% owner March 10, 2026 Buy 107,600 $43.41 $4.7M
Energy Holding Corp 10% owner March 9, 2026 Buy 107,000 $41.06 $4.4M
Carricarte Anne Louise Director March 6, 2026 Buy 1,100 $43.28 $47,608

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • May 7, 2026
  • April 9, 2026
  • February 26, 2026
  • November 6, 2025
  • August 7, 2025

Recent SEC filings

Data status

When each part of this page on Tecnoglass Holdings Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Tecnoglass Holdings Inc. in brief

What does Tecnoglass Holdings Inc. do?
Tecnoglass Holdings Inc. is a US-listed company in the building products industry. Its financial year ends in December.
What is Tecnoglass Holdings Inc.'s stock ticker?
Tecnoglass Holdings Inc. trades under the ticker TGLS on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Tecnoglass Holdings Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Tecnoglass Holdings Inc. reported revenue of $1.1B, 50.0% higher than a year earlier, according to its SEC filings.
What is Tecnoglass Holdings Inc.'s free cash flow?
Tecnoglass Holdings Inc.'s free-cash-flow margin is -0.8% of revenue over the trailing twelve months.
Who are Tecnoglass Holdings Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Owls Nest Partners Ia, LLC, Cooke & Bieler LP and Marshall Wace, LLP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Tecnoglass Holdings Inc. buying back stock, and does it pay a dividend?
Tecnoglass Holdings Inc. spent $134M on share repurchases over the trailing twelve months, and its diluted share count fell 3.3% over the year.
What is Tecnoglass Holdings Inc.'s market cap?
On November 2, 2026, Tecnoglass Holdings Inc.'s market capitalisation was about $1.8B, with a price-to-earnings ratio of 14.0 and net debt of $147M. Market figures come from third-party market data and may be delayed.
Does Tecnoglass Holdings Inc. pay a dividend?
Yes: Tecnoglass Holdings Inc. paid $27.4M in dividends over the trailing twelve months, a dividend yield of 1.55% and a payout ratio of 21.1%.
How much debt does Tecnoglass Holdings Inc. have?
Tecnoglass Holdings Inc.'s debt-to-equity ratio is 28.6%, from its latest balance sheet (77.2% five years earlier). The financial health section below sets out its other solvency checks.
Who are Tecnoglass Holdings Inc.'s competitors?
In our Building Products peer group, the companies closest to Tecnoglass Holdings Inc. are Hayward Holdings, Inc., Trex Co Inc, Janus International Group, Inc., CSW Industrials, Inc. and Worthington Enterprises, Inc. The side-by-side comparison below sets their revenue, margins and growth against Tecnoglass Holdings Inc.'s.
Are insiders buying or selling Tecnoglass Holdings Inc. stock?
Over the last 12 months, Tecnoglass Holdings Inc.'s directors and officers reported 8 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Tecnoglass Holdings Inc.'s next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Tecnoglass Holdings Inc. announces its own schedule.