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Side-by-side financial comparison of Tecnoglass Inc. (TGLS) and Texas Pacific Land Corporation (TPL). Click either name above to swap in a different company.

Tecnoglass Inc. is the larger business by last-quarter revenue ($245.3M vs $211.6M, roughly 1.2× Texas Pacific Land Corporation). Texas Pacific Land Corporation runs the higher net margin — 58.3% vs 10.6%, a 47.7% gap on every dollar of revenue. On growth, Texas Pacific Land Corporation posted the faster year-over-year revenue change (13.9% vs 2.4%). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% CAGR vs 10.2%).

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.

The Texas Pacific Land Corporation is a publicly traded real estate operating company with its administrative office in Dallas, Texas. Owning over 880,000 acres (3,600 km2) in 20 West Texas counties, TPL is among the largest private landowners in the state of Texas. It was previously organized as a publicly traded trust taxed as a corporation, and operated under the name Texas Pacific Land Trust.

TGLS vs TPL — Head-to-Head

Bigger by revenue
TGLS
TGLS
1.2× larger
TGLS
$245.3M
$211.6M
TPL
Growing faster (revenue YoY)
TPL
TPL
+11.5% gap
TPL
13.9%
2.4%
TGLS
Higher net margin
TPL
TPL
47.7% more per $
TPL
58.3%
10.6%
TGLS
Faster 2-yr revenue CAGR
TGLS
TGLS
Annualised
TGLS
12.8%
10.2%
TPL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TGLS
TGLS
TPL
TPL
Revenue
$245.3M
$211.6M
Net Profit
$26.1M
$123.3M
Gross Margin
40.0%
Operating Margin
18.3%
70.5%
Net Margin
10.6%
58.3%
Revenue YoY
2.4%
13.9%
Net Profit YoY
-44.5%
4.2%
EPS (diluted)
$0.57
$-8.59

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
TGLS
TGLS
TPL
TPL
Q4 25
$245.3M
$211.6M
Q3 25
$260.5M
$203.1M
Q2 25
$255.5M
$187.5M
Q1 25
$222.3M
$196.0M
Q4 24
$239.6M
$185.8M
Q3 24
$238.3M
$173.6M
Q2 24
$219.7M
$172.3M
Q1 24
$192.6M
$174.1M
Net Profit
TGLS
TGLS
TPL
TPL
Q4 25
$26.1M
$123.3M
Q3 25
$47.2M
$121.2M
Q2 25
$44.1M
$116.1M
Q1 25
$42.2M
$120.7M
Q4 24
$47.0M
$118.4M
Q3 24
$49.5M
$106.6M
Q2 24
$35.0M
$114.6M
Q1 24
$29.7M
$114.4M
Gross Margin
TGLS
TGLS
TPL
TPL
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
TGLS
TGLS
TPL
TPL
Q4 25
18.3%
70.5%
Q3 25
25.1%
73.4%
Q2 25
24.0%
76.6%
Q1 25
26.7%
76.6%
Q4 24
28.0%
76.7%
Q3 24
28.4%
73.4%
Q2 24
23.3%
77.3%
Q1 24
21.3%
78.1%
Net Margin
TGLS
TGLS
TPL
TPL
Q4 25
10.6%
58.3%
Q3 25
18.1%
59.7%
Q2 25
17.3%
61.9%
Q1 25
19.0%
61.6%
Q4 24
19.6%
63.7%
Q3 24
20.8%
61.4%
Q2 24
15.9%
66.5%
Q1 24
15.4%
65.7%
EPS (diluted)
TGLS
TGLS
TPL
TPL
Q4 25
$0.57
$-8.59
Q3 25
$1.01
$5.27
Q2 25
$0.94
$5.05
Q1 25
$0.90
$5.24
Q4 24
$1.00
$5.14
Q3 24
$1.05
$4.63
Q2 24
$0.75
$4.98
Q1 24
$0.63
$4.97

Balance Sheet & Financial Strength

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

Metric
TGLS
TGLS
TPL
TPL
Cash + ST InvestmentsLiquidity on hand
$104.1M
$144.8M
Total DebtLower is stronger
$174.4M
Stockholders' EquityBook value
$713.1M
$1.5B
Total Assets
$1.3B
$1.6B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TGLS
TGLS
TPL
TPL
Q4 25
$104.1M
$144.8M
Q3 25
$127.1M
$531.8M
Q2 25
$140.9M
$543.9M
Q1 25
$160.2M
$460.4M
Q4 24
$137.5M
$369.8M
Q3 24
$124.8M
$533.9M
Q2 24
$129.5M
$894.7M
Q1 24
$138.8M
$837.1M
Total Debt
TGLS
TGLS
TPL
TPL
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
TGLS
TGLS
TPL
TPL
Q4 25
$713.1M
$1.5B
Q3 25
$764.0M
$1.4B
Q2 25
$736.0M
$1.3B
Q1 25
$685.1M
$1.2B
Q4 24
$631.2M
$1.1B
Q3 24
$613.3M
$1.1B
Q2 24
$574.8M
$1.2B
Q1 24
$573.6M
$1.1B
Total Assets
TGLS
TGLS
TPL
TPL
Q4 25
$1.3B
$1.6B
Q3 25
$1.2B
$1.5B
Q2 25
$1.2B
$1.4B
Q1 25
$1.1B
$1.4B
Q4 24
$1.0B
$1.2B
Q3 24
$996.3M
$1.2B
Q2 24
$942.5M
$1.3B
Q1 24
$981.6M
$1.3B
Debt / Equity
TGLS
TGLS
TPL
TPL
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
TGLS
TGLS
TPL
TPL
Operating Cash FlowLast quarter
$31.0M
$113.7M
Free Cash FlowOCF − Capex
$11.4M
FCF MarginFCF / Revenue
4.7%
Capex IntensityCapex / Revenue
8.0%
Cash ConversionOCF / Net Profit
1.19×
0.92×
TTM Free Cash FlowTrailing 4 quarters
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TGLS
TGLS
TPL
TPL
Q4 25
$31.0M
$113.7M
Q3 25
$40.0M
$154.6M
Q2 25
$17.9M
$120.9M
Q1 25
$46.9M
$156.7M
Q4 24
$61.1M
$126.6M
Q3 24
$41.5M
$118.6M
Q2 24
$34.5M
$98.3M
Q1 24
$33.4M
$147.2M
Free Cash Flow
TGLS
TGLS
TPL
TPL
Q4 25
$11.4M
Q3 25
$21.2M
Q2 25
$-14.7M
Q1 25
$16.5M
Q4 24
$35.4M
Q3 24
$17.8M
Q2 24
$14.2M
Q1 24
$23.6M
FCF Margin
TGLS
TGLS
TPL
TPL
Q4 25
4.7%
Q3 25
8.2%
Q2 25
-5.7%
Q1 25
7.4%
Q4 24
14.8%
Q3 24
7.5%
Q2 24
6.5%
Q1 24
12.2%
Capex Intensity
TGLS
TGLS
TPL
TPL
Q4 25
8.0%
Q3 25
7.2%
Q2 25
12.7%
Q1 25
13.7%
Q4 24
10.7%
Q3 24
9.9%
Q2 24
9.2%
Q1 24
5.1%
Cash Conversion
TGLS
TGLS
TPL
TPL
Q4 25
1.19×
0.92×
Q3 25
0.85×
1.28×
Q2 25
0.41×
1.04×
Q1 25
1.11×
1.30×
Q4 24
1.30×
1.07×
Q3 24
0.84×
1.11×
Q2 24
0.98×
0.86×
Q1 24
1.13×
1.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TGLS
TGLS

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

TPL
TPL

Water Serviceand Operations Segment$98.2M46%
Water Sales And Royalties$60.7M29%
Produced Water Royalties$33.5M16%
Easementand Sundry$20.6M10%

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