MARKETS / NYSE / TGLS

NYSE · FLAT GLASS · LARGE CAP

Tecnoglass Holdings Inc. TGLS

14 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$983.6M

▲ 10.5% YoY

Net income

$159.6M

▼ 1.1% YoY

Free cash flow

$34.5M

▼ 62.1% YoY

In brief

What this company does

Tecnoglass Inc. is a vertically integrated manufacturer, supplier and installer of high-end aluminum and vinyl windows and architectural glass for the global commercial and residential construction markets. Its offerings include tempered safety glass, double thermo-acoustic glass, and laminated glass, and it also manufactures aluminum and vinyl products such as profiles, rods, bars, plates, and other hardware designed for window manufacturing. Headquartered in Miami, Florida, the Company maintains its principal manufacturing operations in Colombia and operates out of approximately 6.5 million square feet of manufacturing and operational footprint across Colombia and the United States. It supplies over 1,000 customers in North, Central and South America, with the United States accounting for 96% of revenues. As of December 31, 2025, it had a total of 9,601 employees, none of whom is represented by a union. It is an exempted company incorporated under the laws of the Cayman Islands, and was incorporated in 2013 in connection with a business combination between Tecnoglass subsidiaries TG and ES, and Andina Acquisition Corporation. TG and ES, corporations formed under the laws of Colombia, were founded in 1994 and 1983, respectively, by José M. Daes and Christian T. Daes.

Written from the business description in TECNOGLASS INC.'s annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth

USD 983.6M

Revenue, FY2025 · full 14-year series below

Revenue $M Net income $M

FY2025 · Revenue 983.6 · Net income 159.6

Compound annual growth

Revenue

+11.1%

+21.2%

+15.0%

Net income

+0.8%

+46.2%

EPS, diluted

+1.5%

+46.3%

Returned to shareholders

+29.8%

+49.2%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +21.2% a year over five years — but profit grew faster: net income at +46.2%, earnings per share at +46.3%.

The share count fell from 0.05B to 0.04B over the period.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

16 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 23.5% · Net 16.2%

ROE

FY2024 · ROE 29.4%

Gross margin42.8%

Operating margin23.5%

Net margin16.2%

Return on assets14.0%

EBITDAUSD 261.5M

Cash & shareholders

USD 28.1M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 34.5

Net buybacks $M Dividends $M

FY2025 · Dividends 28.1 · Net buybacks —

Dividends paidUSD 28.1M

Net buybacks—

Share of profit17.6%

Consecutive raises—

USD 28.1M in dividends — 18% of the year's profit went back to shareholders.

Total assetsUSD 1.3B

CashUSD 100.9M

Gross debtUSD 171.6M

Net debtUSD 70.7M

Current ratio1.86×

Not available: we don't have the shareholders' equity figure for this period.

The 14-year record

14 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue $B	1.0	0.9	0.8	0.7	0.5	0.4	0.4	0.4	0.3	0.3	0.2	0.2	0.2	0.1
Operating income $B	0.2	0.2	0.3	0.2	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EBITDA $B	0.3	0.2	0.3	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.0
Income tax $B	0.1	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	0.2	0.2	0.2	0.2	0.1	0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0
Free cash flow $B	0.0	0.1	0.1	0.1	0.1	0.1	0.0	−0.0	0.0	−0.0	−0.0	−0.0	−0.0	−0.0
EPS, diluted $	3.42	3.43	3.85	3.27	1.43	0.51	0.55	0.21	0.15	0.69	−0.38	0.34	1.18	0.29
Dividend / sh $	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Payout %	18	12	9	8	8	16	21	30	45	3	·	·	·	·
ROE %	·	29.4	40.8	52.6	30.2	12.1	15.4	7.2	4.7	30.6	−26.2	20.4	51.9	12.5
Shares out B	0.04	0.05	0.05	0.05	0.05	0.05	0.05	0.04	0.03	0.03	0.03	0.02	0.02	0.02

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 14 of 19 fiscal years. 25 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityFlat Glass

Listed onNYSE

Incorporated inoutside the United States — SEC code E9

Fiscal year endsDecember 31

Data on record since2012