Tecnoglass Holdings (TGLS) Operating Margin (2014 - 2026)
Tecnoglass Holdings (TGLS) reported Operating Margin of 12.38% for Q2 2026, down 11.57 percentage points from 23.95% a year earlier and down 5.67 percentage points from the prior quarter.
Tecnoglass Holdings (TGLS) Operating Margin (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Tecnoglass Holdings' Operating Margin came in at 18.26%, down 8.47 percentage points year-over-year; for FY2025, it was 23.46%, down 2.04 percentage points from FY2024.
- Operating Margin has declined for three consecutive years, though with a five-year change of +6.01 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 25.50% in FY2024 (-5.67 pp), 31.17% in FY2023 (-0.42 pp), 31.60% in FY2022 (+8.05 pp) and 23.55% in FY2021 (+6.10 pp).
- The Q2 2026 figure ranks as the lowest quarterly Operating Margin since Q4 2019.
- Year over year, Operating Margin has now declined in each of the last four quarters, with an average year-over-year change of -3.21 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was Q3 2022 (a gain of 12.06 percentage points); the low point was Q1 2024 (a drop of 15.06 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 18.05% (Q1 2026), 18.27% (Q4 2025) and 25.10% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 19.27% |
| 2 | Johnson Controls International | 90.21 Bn | 87.98 Bn | 2.47 Bn | 14.92% |
| 3 | Comfort Systems Usa | 58.39 Bn | 53.64 Bn | 844.23 Mn | 17.09% |
| 4 | Carrier Global | 46.05 Bn | 40.68 Bn | 1.94 Bn | 12.99% |
| 5 | Otis Worldwide | 25.26 Bn | 21.87 Bn | 1.14 Bn | 14.90% |
| 6 | James Hardie Industries | 14.74 Bn | 13.47 Bn | 548.70 Mn | 14.76% |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 23.59% |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 22.12% |
| 9 | Carlisle Companies | 12.99 Bn | 9.34 Bn | 568.40 Mn | 22.45% |
| 10 | Tecnoglass Holdings | 1.54 Bn | 1.13 Bn | 110.03 Mn | 12.38% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.38% |
| Mar 31, 2026 | 18.05% |
| Dec 31, 2025 | 18.27% |
| Sep 30, 2025 | 25.10% |
| Jun 30, 2025 | 23.95% |
| Mar 31, 2025 | 26.69% |
| Dec 31, 2024 | 28.03% |
| Sep 30, 2024 | 28.40% |
| Jun 30, 2024 | 23.28% |
| Mar 31, 2024 | 21.30% |
| Dec 31, 2023 | 25.99% |
| Sep 30, 2023 | 28.95% |
| Jun 30, 2023 | 33.07% |
| Mar 31, 2023 | 36.36% |
| Dec 31, 2022 | 36.39% |
| Sep 30, 2022 | 34.76% |
| Jun 30, 2022 | 26.90% |
| Mar 31, 2022 | 25.24% |
| Dec 31, 2021 | 24.96% |
| Sep 30, 2021 | 22.70% |
Tecnoglass Holdings Operating 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=operating-margin&ticker=TGLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TGLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();