Tecnoglass Holdings (TGLS) Tax Rate (2014 - 2026)
Tecnoglass' (TGLS) quarterly Tax Rate came in at 28.44% in Q1 2026, down 107.0% YoY from 406.23% in Q1 2025, and up 110.31% on a QoQ basis from 275.77% in Q4 2025.
Tecnoglass Holdings (TGLS) Tax Rate (2014 - 2026) Analysis & Trends
Tecnoglass (TGLS) has 13 years of Tax Rate data on file, last reported at 28.44% in Q1 2026.
- Quarterly Tax Rate fell 107.0% year-over-year to 28.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 34.4% (down 1199.0% YoY) and the FY2025 annual result came in at 28.94%, up 24.0% from the prior year.
- Tax Rate advanced to 28.44% in Q1 2026, from 275.77% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 38.48% in Q1 2022 to a low of 275.77% in Q4 2025.
- A 5-year average of 0.08% and a median of 28.5% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate soared 1355 bps — and 2024, when it tumbled 19113 bps.
- Tracing TGLS's Tax Rate over 5 years: stood at 25.79% in 2022, then rose by 11 bps to 28.5% in 2023, then sank by 671 bps to 162.64% in 2024, then plunged by 70 bps to 275.77% in 2025, then surged by 110 bps to 28.44% in 2026.
- The last three Tax Rate figures came in at 28.44% (Q1 2026), 275.77% (Q4 2025), and 26.81% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 63.40 Bn | 60.32 Bn | 4.29 Bn | 30.56% |
| 2 | Vulcan Materials | 35.83 Bn | 35.64 Bn | 625.50 Mn | 20.12% |
| 3 | Martin Marietta Materials | 32.21 Bn | 32.09 Bn | 495.00 Mn | 20.00% |
| 4 | Amrize | 25.20 Bn | 24.47 Bn | 993.00 Mn | 23.51% |
| 5 | James Hardie Industries | 17.63 Bn | 17.34 Bn | 548.70 Mn | 33.69% |
| 6 | Cemex Sab De Cv | 16.04 Bn | 16.04 Bn | 1.62 Bn | -28.20% |
| 7 | Eagle Materials | 6.42 Bn | 6.19 Bn | 161.25 Mn | 22.45% |
| 8 | Knife River | 3.76 Bn | 3.66 Bn | 162.77 Mn | 26.67% |
| 9 | United States Lime & Minerals | 3.41 Bn | 3.01 Bn | 46.72 Mn | 21.62% |
| 10 | Tecnoglass Holdings | 1.82 Bn | 1.74 Bn | 110.03 Mn | 36.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 36.47% |
| Jun 30, 2026 | 36.47% |
| Jun 30, 2026 | 36.47% |
| Mar 31, 2026 | 28.44% |
| Mar 31, 2026 | 28.44% |
| Mar 31, 2026 | 28.44% |
| Dec 31, 2025 | -275.77% |
| Dec 31, 2025 | -275.77% |
| Dec 31, 2025 | -275.77% |
| Sep 30, 2025 | 26.81% |
| Sep 30, 2025 | 26.81% |
| Sep 30, 2025 | 26.81% |
| Jun 30, 2025 | 29.91% |
| Jun 30, 2025 | 29.91% |
| Jun 30, 2025 | 29.91% |
| Mar 31, 2025 | 29.51% |
| Mar 31, 2025 | 29.51% |
| Mar 31, 2025 | 29.51% |
| Dec 31, 2024 | -162.64% |
| Dec 31, 2024 | -162.64% |