Tecnoglass relocated its headquarters from Barranquilla, Colombia, pictured, to Miami earlier this year.

Tecnoglass has earned the No. 1 spot on Forbes’ list of America’s 100 most successful small-cap companies for 2024. Forbes awarded Tecnoglass the top spot based on its record of highly profitable growth and shareholder returns.

Forbes used data from FactSet to compile its annual America’s Most Successful Small-Cap Companies list. It screened 974 businesses with a market value between $300 million and $2 billion to find 389 companies with positive sales growth over the past 12 months and a share price of at least $5.

The stocks were ranked based on earnings growth, sales growth, return on equity and total stock return for the latest 12 months available and over the last five years.

“We are grateful to be recognized by Forbes, alongside a distinguished group of highly successful companies, following the recent relocation of our global headquarters to the U.S.,” says Tecnoglass CEO José Manuel Daes. “Earning first place on the Forbes top 100 small cap list is an absolute honor and a testament to our company’s commitment to its investors, customers and talented employees.”

In addition to Tecnoglass, several glass-related companies made the list, including PGT Innovations and Apogee Enterprises.

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