Tecnoglass (TGLS) Tax Rate (2014 - 2026)
Tecnoglass (TGLS) posted Tax Rate of 28.44% for Q1 2026, up 110.31% on a QoQ basis from 275.77% in Q4 2025, and down 107.0% year-over-year from 406.23% in Q1 2025.
Tecnoglass (TGLS) Tax Rate (2014 - 2026) Analysis & Trends
Tecnoglass' Tax Rate history runs 13 years deep, the most recent figure standing at 28.44% for 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 was 28.44% for Q1 2026 at Tecnoglass, up from 275.77% in the prior quarter.
- Across five years, Tax Rate topped out at 38.48% in Q1 2022 and bottomed at 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 slumped 19113 bps.
- Tecnoglass' Tax Rate stood at 25.79% in 2022, then advanced by 11 bps to 28.5% in 2023, then tumbled by 671 bps to 162.64% in 2024, then slumped by 70 bps to 275.77% in 2025, then jumped by 110 bps to 28.44% in 2026.
- Business Quant data shows TGLS's Tax Rate at 28.44% in Q1 2026, 275.77% in Q4 2025, and 26.81% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 68.97 Bn | 66.12 Bn | 2.05 Bn | 24.55% |
| 2 | Vulcan Materials | 35.82 Bn | 35.70 Bn | 422.70 Mn | 21.56% |
| 3 | Martin Marietta Materials | 32.98 Bn | 32.71 Bn | 310.00 Mn | 32.48% |
| 4 | Amrize | 26.73 Bn | 25.63 Bn | 211.00 Mn | 18.62% |
| 5 | Cemex Sab De Cv | 17.67 Bn | 17.29 Bn | 1.62 Bn | -28.20% |
| 6 | James Hardie Industries | 14.97 Bn | 14.50 Bn | 523.40 Mn | 38.58% |
| 7 | Eagle Materials | 6.47 Bn | 6.17 Bn | 106.33 Mn | 17.71% |
| 8 | Knife River | 4.40 Bn | 4.33 Bn | -2.77 Mn | 26.42% |
| 9 | Titan America | 3.11 Bn | 2.89 Bn | 91.88 Mn | -17.68% |
| 10 | Tecnoglass | 1.95 Bn | 1.86 Bn | 95.83 Mn | 28.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | -162.64% |
| Sep 30, 2024 | 32.26% |
| Sep 30, 2024 | 32.26% |