Tecnoglass
TGLS
#3757
Rank
$2.57 B
Marketcap
🇨🇴 Colombia
Country
$54.83
Share price
2.33%
Change (1 day)
25.76%
Change (1 year)
Operating Margin for Tecnoglass (TGLS)
Operating Margin as of May 2024 (TTM): 35.89%
According to Tecnoglass's latest financial reports and stock price the company's current Operating Margin is 35.89%. At the end of 2022 the company had an Operating Margin of 32.26%.
Operating Margin history for Tecnoglass from 2014 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 32.26% | 65.37% |
| 2021 | 19.51% | 96.69% |
| 2020 | 9.92% | 14.9% |
| 2019 | 8.63% | 121.43% |
| 2018 | 3.90% | 6.43% |
| 2017 | 3.66% | -71.55% |
| 2016 | 12.87% | 59.39% |
| 2015 | 8.08% | -44.73% |
| 2014 | 14.61% | -13.61% |
| 2013 | 16.92% | 141.88% |
| 2012 | 6.99% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PPG Industries
PPG | 9.69% | -73.00% | 🇺🇸 USA |
 Huttig Building Products HBP | 5.47% | -84.76% | 🇺🇸 USA |
 Masonite DOOR | 8.12% | -77.38% | 🇺🇸 USA |
 PGT Innovations
PGTI | 3.87% | -89.22% | 🇺🇸 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.