Tecnoglass
TGLS
#3239
Rank
ยฃ2.96 B
Marketcap
๐Ÿ‡จ๐Ÿ‡ด
Country
ยฃ63.04
Share price
1.94%
Change (1 day)
123.78%
Change (1 year)

Operating Margin for Tecnoglass (TGLS)

Operating Margin as of November 2024 (TTM): 25.64%

According to Tecnoglass's latest financial reports and stock price the company's current Operating Margin is 25.64%. At the end of 2023 the company had an Operating Margin of 31.37%.

Operating Margin history for Tecnoglass from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202331.37%-2.75%
202232.26%65.37%
202119.51%99.24%
20209.79%13.43%
20198.63%121.43%
20183.90%6.43%
20173.66%-71.54%
201612.87%222.34%
20153.99%-56.32%
20149.14%-45.97%
201316.92%141.88%
20126.99%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
3.87%-84.91%๐Ÿ‡บ๐Ÿ‡ธ USA
7.07%-72.43%๐Ÿ‡บ๐Ÿ‡ธ USA
11.28%-56.01%๐Ÿ‡บ๐Ÿ‡ธ USA
5.47%-78.67%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.