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Side-by-side financial comparison of Perella Weinberg Partners (PWP) and Tecnoglass Inc. (TGLS). Click either name above to swap in a different company.

Tecnoglass Inc. is the larger business by last-quarter revenue ($245.3M vs $219.2M, roughly 1.1× Perella Weinberg Partners). Tecnoglass Inc. runs the higher net margin — 10.6% vs 6.3%, a 4.3% gap on every dollar of revenue. On growth, Tecnoglass Inc. posted the faster year-over-year revenue change (2.4% vs -2.9%). Perella Weinberg Partners produced more free cash flow last quarter ($30.5M vs $11.4M). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% CAGR vs 12.8%).

PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.

Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.

PWP vs TGLS — Head-to-Head

Bigger by revenue
TGLS
TGLS
1.1× larger
TGLS
$245.3M
$219.2M
PWP
Growing faster (revenue YoY)
TGLS
TGLS
+5.3% gap
TGLS
2.4%
-2.9%
PWP
Higher net margin
TGLS
TGLS
4.3% more per $
TGLS
10.6%
6.3%
PWP
More free cash flow
PWP
PWP
$19.0M more FCF
PWP
$30.5M
$11.4M
TGLS
Faster 2-yr revenue CAGR
PWP
PWP
Annualised
PWP
46.5%
12.8%
TGLS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PWP
PWP
TGLS
TGLS
Revenue
$219.2M
$245.3M
Net Profit
$13.8M
$26.1M
Gross Margin
40.0%
Operating Margin
8.5%
18.3%
Net Margin
6.3%
10.6%
Revenue YoY
-2.9%
2.4%
Net Profit YoY
-44.5%
EPS (diluted)
$0.11
$0.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PWP
PWP
TGLS
TGLS
Q4 25
$219.2M
$245.3M
Q3 25
$164.6M
$260.5M
Q2 25
$155.3M
$255.5M
Q1 25
$211.8M
$222.3M
Q4 24
$225.7M
$239.6M
Q3 24
$278.2M
$238.3M
Q2 24
$272.0M
$219.7M
Q1 24
$102.1M
$192.6M
Net Profit
PWP
PWP
TGLS
TGLS
Q4 25
$13.8M
$26.1M
Q3 25
$6.0M
$47.2M
Q2 25
$2.7M
$44.1M
Q1 25
$17.3M
$42.2M
Q4 24
$47.0M
Q3 24
$16.4M
$49.5M
Q2 24
$-66.0M
$35.0M
Q1 24
$-35.8M
$29.7M
Gross Margin
PWP
PWP
TGLS
TGLS
Q4 25
40.0%
Q3 25
42.7%
Q2 25
44.7%
Q1 25
43.9%
Q4 24
44.5%
Q3 24
45.8%
Q2 24
40.8%
Q1 24
38.8%
Operating Margin
PWP
PWP
TGLS
TGLS
Q4 25
8.5%
18.3%
Q3 25
5.4%
25.1%
Q2 25
5.8%
24.0%
Q1 25
5.5%
26.7%
Q4 24
28.0%
Q3 24
12.9%
28.4%
Q2 24
-30.2%
23.3%
Q1 24
-52.4%
21.3%
Net Margin
PWP
PWP
TGLS
TGLS
Q4 25
6.3%
10.6%
Q3 25
3.6%
18.1%
Q2 25
1.8%
17.3%
Q1 25
8.2%
19.0%
Q4 24
19.6%
Q3 24
5.9%
20.8%
Q2 24
-24.3%
15.9%
Q1 24
-35.1%
15.4%
EPS (diluted)
PWP
PWP
TGLS
TGLS
Q4 25
$0.11
$0.57
Q3 25
$0.08
$1.01
Q2 25
$0.04
$0.94
Q1 25
$0.24
$0.90
Q4 24
$1.00
Q3 24
$0.24
$1.05
Q2 24
$-1.21
$0.75
Q1 24
$-0.91
$0.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PWP
PWP
TGLS
TGLS
Cash + ST InvestmentsLiquidity on hand
$255.9M
$104.1M
Total DebtLower is stronger
$174.4M
Stockholders' EquityBook value
$-127.4M
$713.1M
Total Assets
$797.6M
$1.3B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PWP
PWP
TGLS
TGLS
Q4 25
$255.9M
$104.1M
Q3 25
$185.5M
$127.1M
Q2 25
$145.0M
$140.9M
Q1 25
$111.2M
$160.2M
Q4 24
$407.4M
$137.5M
Q3 24
$335.1M
$124.8M
Q2 24
$185.3M
$129.5M
Q1 24
$156.7M
$138.8M
Total Debt
PWP
PWP
TGLS
TGLS
Q4 25
$174.4M
Q3 25
$114.7M
Q2 25
$110.6M
Q1 25
$110.6M
Q4 24
$111.1M
Q3 24
$126.8M
Q2 24
$144.7M
Q1 24
$160.9M
Stockholders' Equity
PWP
PWP
TGLS
TGLS
Q4 25
$-127.4M
$713.1M
Q3 25
$-302.4M
$764.0M
Q2 25
$-318.4M
$736.0M
Q1 25
$-323.1M
$685.1M
Q4 24
$-421.4M
$631.2M
Q3 24
$-360.8M
$613.3M
Q2 24
$-283.0M
$574.8M
Q1 24
$161.9M
$573.6M
Total Assets
PWP
PWP
TGLS
TGLS
Q4 25
$797.6M
$1.3B
Q3 25
$650.2M
$1.2B
Q2 25
$606.7M
$1.2B
Q1 25
$570.5M
$1.1B
Q4 24
$876.8M
$1.0B
Q3 24
$810.9M
$996.3M
Q2 24
$645.5M
$942.5M
Q1 24
$583.6M
$981.6M
Debt / Equity
PWP
PWP
TGLS
TGLS
Q4 25
0.24×
Q3 25
0.15×
Q2 25
0.15×
Q1 25
0.16×
Q4 24
0.18×
Q3 24
0.21×
Q2 24
0.25×
Q1 24
0.28×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PWP
PWP
TGLS
TGLS
Operating Cash FlowLast quarter
$34.8M
$31.0M
Free Cash FlowOCF − Capex
$30.5M
$11.4M
FCF MarginFCF / Revenue
13.9%
4.7%
Capex IntensityCapex / Revenue
2.0%
8.0%
Cash ConversionOCF / Net Profit
2.52×
1.19×
TTM Free Cash FlowTrailing 4 quarters
$-34.1M
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PWP
PWP
TGLS
TGLS
Q4 25
$34.8M
$31.0M
Q3 25
$59.2M
$40.0M
Q2 25
$56.1M
$17.9M
Q1 25
$-176.5M
$46.9M
Q4 24
$223.4M
$61.1M
Q3 24
$200.3M
$41.5M
Q2 24
$90.0M
$34.5M
Q1 24
$-206.3M
$33.4M
Free Cash Flow
PWP
PWP
TGLS
TGLS
Q4 25
$30.5M
$11.4M
Q3 25
$57.6M
$21.2M
Q2 25
$55.3M
$-14.7M
Q1 25
$-177.6M
$16.5M
Q4 24
$207.0M
$35.4M
Q3 24
$199.3M
$17.8M
Q2 24
$83.7M
$14.2M
Q1 24
$-214.8M
$23.6M
FCF Margin
PWP
PWP
TGLS
TGLS
Q4 25
13.9%
4.7%
Q3 25
35.0%
8.2%
Q2 25
35.6%
-5.7%
Q1 25
-83.8%
7.4%
Q4 24
91.7%
14.8%
Q3 24
71.6%
7.5%
Q2 24
30.8%
6.5%
Q1 24
-210.3%
12.2%
Capex Intensity
PWP
PWP
TGLS
TGLS
Q4 25
2.0%
8.0%
Q3 25
0.9%
7.2%
Q2 25
0.5%
12.7%
Q1 25
0.5%
13.7%
Q4 24
7.3%
10.7%
Q3 24
0.4%
9.9%
Q2 24
2.3%
9.2%
Q1 24
8.3%
5.1%
Cash Conversion
PWP
PWP
TGLS
TGLS
Q4 25
2.52×
1.19×
Q3 25
9.85×
0.85×
Q2 25
20.50×
0.41×
Q1 25
-10.18×
1.11×
Q4 24
1.30×
Q3 24
12.23×
0.84×
Q2 24
0.98×
Q1 24
1.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PWP
PWP

Segment breakdown not available.

TGLS
TGLS

Product Sales$164.2M67%
Fixed Price Contracts$81.1M33%
Related Party$692.0K0%

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