Tecnoglass Holdings TGLS
NYSE TGLS
$35.01 +0.38 (+1.10%)
As of: Sep 30, 2026 · 10:14 AM EDT

Tecnoglass Holdings (TGLS) Gross Margin (2014 - 2026)

Updated

Tecnoglass Holdings (TGLS) posted Gross Margin of 37.26% for Q2 2026, down 7.48 percentage points from 44.74% a year earlier and down 1.22 percentage points from the prior quarter.

Analysis

Tecnoglass Holdings (TGLS) Gross Margin (2014 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, Gross Margin at Tecnoglass Holdings was 39.56%, down 5.18 percentage points year-over-year; for FY2025, it came in at 42.84%, up 0.16 percentage points from FY2024.

  • Annual Gross Margin shows a five-year change of +5.82 percentage points (FY2020 to FY2025).
  • In prior years, Tecnoglass Holdings' Gross Margin was 42.68% in FY2024 (-4.23 pp), 46.92% in FY2023 (-1.86 pp), 48.77% in FY2022 (+7.99 pp) and 40.78% in FY2021 (+3.75 pp).
  • The Q2 2026 figure stands as the lowest quarterly Gross Margin since Q4 2020.
  • On a year-over-year basis, Gross Margin has declined in each of the last four quarters, with an average year-over-year change of -0.83 percentage points over the last eight quarters.
  • The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2022, with a gain of 13.03 percentage points; the weakest was Q1 2024, with a drop of 14.42 percentage points.
  • According to Business Quant data, Gross Margin for the three prior quarters was 38.49% (Q1 2026), 40.05% (Q4 2025) and 42.74% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Trane Technologies 99.46 Bn 94.20 Bn 2.26 Bn 35.57%
2 Johnson Controls International 90.21 Bn 87.98 Bn 2.47 Bn 37.41%
3 Comfort Systems Usa 58.39 Bn 53.64 Bn 844.23 Mn 25.85%
4 Carrier Global 46.05 Bn 40.68 Bn 1.94 Bn 30.59%
5 Otis Worldwide 25.26 Bn 21.87 Bn 1.14 Bn 29.52%
6 James Hardie Industries 14.74 Bn 13.47 Bn 548.70 Mn 37.21%
7 Masco 13.48 Bn 11.59 Bn 868.00 Mn 43.57%
8 Allegion 13.22 Bn 11.93 Bn 517.50 Mn 44.94%
9 Carlisle Companies 12.99 Bn 9.34 Bn 568.40 Mn 36.20%
10 Tecnoglass Holdings 1.54 Bn 1.13 Bn 110.03 Mn 37.26%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 37.26%
Mar 31, 2026 38.49%
Dec 31, 2025 40.05%
Sep 30, 2025 42.74%
Jun 30, 2025 44.74%
Mar 31, 2025 43.87%
Dec 31, 2024 44.45%
Sep 30, 2024 45.83%
Jun 30, 2024 40.78%
Mar 31, 2024 38.76%
Dec 31, 2023 42.64%
Sep 30, 2023 42.96%
Jun 30, 2023 48.68%
Mar 31, 2023 53.18%
Dec 31, 2022 52.22%
Sep 30, 2022 52.18%
Jun 30, 2022 43.54%
Mar 31, 2022 44.84%
Dec 31, 2021 42.93%
Sep 30, 2021 39.15%
API Access

Tecnoglass Holdings Gross Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=gross-margin&ticker=TGLS&period=max&api_key=YOUR_API_KEY