Tecnoglass (TGLS) Tax Rate (2014 - 2026)

Tecnoglass (TGLS) reported Tax Rate of 27.18% for Q1 2026, up 180.0% on a YoY basis from 9.71% in Q1 2025, and down 48.13% quarter-over-quarter from 52.39% in Q4 2025.

Tecnoglass (TGLS) Tax Rate (2014 - 2026) Analysis & Trends

Tecnoglass has reported Tax Rate for 13 years, with the latest figure at 27.18% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 180.0% year-over-year to 27.18%; the trailing twelve-month figure through Mar 2026 stood at 34.22% (up 541.0% YoY), and the FY2025 full-year result was 32.18%, up 383.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 27.18%, down from 52.39% in the prior quarter.
  • The five-year high for Tax Rate was 52.39% in Q4 2025, with the low at 245.72% in Q4 2023.
  • Historically, Tax Rate has averaged 14.86% across 5 years, with a median of 30.07% in 2024.
  • Annual changes were most pronounced in 2023 — Tax Rate slumped 27151 bps — and 2024, when it surged 27580 bps.
  • Tecnoglass' Tax Rate stood at 25.79% in 2022, then slumped by 1053 bps to 245.72% in 2023, then surged by 112 bps to 30.07% in 2024, then soared by 74 bps to 52.39% in 2025, then sank by 48 bps to 27.18% in 2026.
  • The last three Tax Rate figures came in at 27.18% (Q1 2026), 52.39% (Q4 2025), and 30.59% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Crh Public 74.51 Bn 72.28 Bn 2.05 Bn 24.55
2 Vulcan Materials 39.63 Bn 39.52 Bn 422.70 Mn 21.56
3 Martin Marietta Materials 36.71 Bn 36.44 Bn 310.00 Mn 32.48
4 Amrize 30.61 Bn 29.50 Bn 211.00 Mn 18.62
5 James Hardie Industries 13.48 Bn 13.01 Bn 523.40 Mn 38.58
6 Eagle Materials 7.16 Bn 6.86 Bn 106.33 Mn -6.25
7 Knife River 4.89 Bn 4.82 Bn -2.77 Mn 26.42
8 United States Lime & Minerals 3.26 Bn 2.87 Bn 41.75 Mn 21.61
9 Tecnoglass 2.06 Bn 1.96 Bn 95.83 Mn 27.18
10 Smith Midland 159.69 Mn 146.47 Mn 4.30 Mn 23.96

Historic Data

Download Data
DateValue
Mar 31, 2026 27.18%
Mar 31, 2026 27.18%
Dec 31, 2025 52.39%
Dec 31, 2025 52.39%
Sep 30, 2025 30.59%
Sep 30, 2025 30.59%
Jun 30, 2025 29.91%
Jun 30, 2025 29.91%
Mar 31, 2025 25.38%
Mar 31, 2025 25.38%
Dec 31, 2024 30.07%
Dec 31, 2024 30.07%
Sep 30, 2024 32.26%
Sep 30, 2024 32.26%
Jun 30, 2024 26.29%
Jun 30, 2024 26.29%
Mar 31, 2024 27.29%
Mar 31, 2024 27.29%
Dec 31, 2023 -245.72%
Dec 31, 2023 -245.72%