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| Date | Value |
|---|---|
| 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% |