Tecnoglass Holdings (TGLS) Gross Margin (2013 - 2026)
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.
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Analysis
Tecnoglass Holdings (TGLS) Gross Margin (2013 - 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 | 92.12 Bn | 86.76 Bn | 2.38 Bn | 35.28% |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | 30.35% |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 24.81% |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 29.56% |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 39.38% |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 36.62% |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 46.75% |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 33.82% |
| 10 | Tecnoglass Holdings | 2.02 Bn | 2.45 Bn | 105.97 Mn | 34.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 34.12% |
| 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% |
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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TGLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TGLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();