Tecnoglass Holdings (TGLS) Tax Rate (2014 - 2026)
Tecnoglass Holdings (TGLS) recorded Tax Rate of 36.47% in Q2 2026, up 7.31 percentage points from 29.16% a year earlier and up 9.29 percentage points from the prior quarter.
Powered by 
Analysis
Tecnoglass Holdings (TGLS) Tax Rate (2014 - 2026) Analysis & Trends
On a TTM basis, Tecnoglass Holdings' Tax Rate came in at 33.69% as of Jun 30, 2026, up 4.32 percentage points year-over-year; for FY2025, it was 32.18%, up 3.83 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -3.16 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 28.36% in FY2024 (-1.44 pp), 29.80% in FY2023 (-2.54 pp), 32.34% in FY2022 (+2.95 pp) and 29.39% in FY2021 (-5.95 pp).
- Quarterly Tax Rate has ranged from 25.10% in Q3 2023 to 42.27% in Q4 2025 over the past five years.
- On a year-over-year basis, Tax Rate rose in seven of the last eight quarters, with an average year-over-year change of +3.67 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 12.20 percentage points in Q4 2025, against a drop of 7.76 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 27.18% (Q1 2026), 42.27% (Q4 2025) and 30.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 18.76% |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 17.99% |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 22.01% |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 24.97% |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 17.92% |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 33.69% |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | 24.32% |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 19.00% |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 22.77% |
| 10 | Tecnoglass Holdings | 1.58 Bn | 1.17 Bn | 110.03 Mn | 36.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.47% |
| Mar 31, 2026 | 27.18% |
| Dec 31, 2025 | 42.27% |
| Sep 30, 2025 | 30.59% |
| Jun 30, 2025 | 29.16% |
| Mar 31, 2025 | 29.51% |
| Dec 31, 2024 | 30.07% |
| Sep 30, 2024 | 28.74% |
| Jun 30, 2024 | 26.29% |
| Mar 31, 2024 | 27.29% |
| Dec 31, 2023 | 28.50% |
| Sep 30, 2023 | 25.10% |
| Jun 30, 2023 | 30.66% |
| Mar 31, 2023 | 33.78% |
| Dec 31, 2022 | 32.50% |
| Sep 30, 2022 | 32.86% |
| Jun 30, 2022 | 30.54% |
| Mar 31, 2022 | 33.51% |
| Dec 31, 2021 | 29.57% |
| Sep 30, 2021 | 30.03% |
API Access
Tecnoglass Holdings Tax Rate 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=tax-rate&ticker=TGLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TGLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();