TPI Composites (MEX:TPIC) Net Margin %: -46.58% (As of Dec. 2025)


MEX:TPIC TPI Composites Inc MEX:TPIC
16 GF Score
Price MXN99.00
GF Value MXN38,457.69
! 7 Warning Signs
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What is TPI Composites Net Margin %?

TPI Composites MEX:TPIC 16 Net Margin % is -46.58% as of Dec. 2025. GuruFocus rates MEX:TPIC with a GF Score™ of 16/100 and a GF Value™ of MXN38,457.69. The stock has 7 warning signs investors should review. Among 3,039 Industrial Products companies, TPI Composites ranks worse than 92.23% on this metric.

Net margin is calculated as Net Income divided by its Revenue. TPI Composites's Net Income for the three months ended in Dec. 2025 was MXN-1,730 Mil. TPI Composites's Revenue for the three months ended in Dec. 2025 was MXN3,715 Mil. Therefore, TPI Composites's net margin for the quarter that ended in Dec. 2025 was -46.58%.

The historical rank and industry rank for TPI Composites's Net Margin % or its related term are showing as below:

MEX:TPIC' s Net Margin % Range Over the Past 10 Years
Min: -37.11   Med: -3.04   Max: 4.06
Current: -32.36


MEX:TPIC's Net Margin % is ranked worse than
92.23% of 3039 companies
in the Industrial Products industry
Industry Median: 4.53 vs MEX:TPIC: -32.36

TPI Composites  (MEX:TPIC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


TPI Composites Net Margin % Related Terms


TPI Composites Net Margin % Historical Data

* Premium members only.

The historical data trend for TPI Composites's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TPI Composites Net Margin % Chart

TPI Composites Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.84 -4.42 -23.36 -27.05 -37.11

TPI Composites Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -21.22 -14.37 -24.70 -54.67 -46.58

MEX:TPIC vs EXROF, OZSC, ADNH: Net Margin % Comparison

For the Specialty Industrial Machinery subindustry, TPI Composites's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TPI Composites Net Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, TPI Composites's Net Margin % distribution charts can be found below:

* The bar in red indicates where TPI Composites's Net Margin % falls into.


MEX:TPIC
16GF Score
TPI Composites Inc MEX:TPIC
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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TPI Composites Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

TPI Composites's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-6136.379/16537.461
=-37.11 %

TPI Composites's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-1730.366/3714.954
=-46.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -46.58% mean?
TPI Composites (MEX:TPIC) has a Net Margin % of -46.58% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on TPI Composites and its competitors. According to the industry distribution chart, TPI Composites ranks #2803 out of 3039 companies in the Industrial Products industry, placing it in the top 92.2%.
Is TPI Composites' Net Margin % too high?
TPI Composites' current Net Margin % is -46.58%. Based on the distribution chart, TPI Composites ranks #2803 out of 3039 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, TPI Composites has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does TPI Composites' Net Margin % compare to EXROF and OZSC?
According to the Industrial Products industry distribution chart, TPI Composites ranks #2803 out of 3039 companies for Net Margin %. This places TPI Composites in the lower half of its industry. The industry median Net Margin % is 4.53. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.53, based on 3,039 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on TPI Composites and its competitors. For the Industrial Products industry, the median Net Margin % is 4.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPI Composites's current Net Margin % is -46.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Composites stock overvalued right now?
TPI Composites (MEX:TPIC) has a current Net Margin % of -46.58%. The stock's GF Value™ is MXN38,457.69, compared to a current price of MXN99.00 — trading 99.7% below its estimated fair value. The current Net Margin % is -46.58%. TPI Composites' overall GF Score™ is 16/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For TPI Composites (MEX:TPIC), the current Net Margin % is -46.58% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TPI Composites (MEX:TPIC) Overvalued in 2026?

Based on GuruFocus' analysis, TPI Composites stock appears to be undervalued. The current stock price of MXN99.00 is trading 99.7% below its estimated GF Value™ of MXN38,457.69.

Key valuation signals for MEX:TPIC:

  • Net Margin %: -46.58%
  • GF Value™: MXN38,457.69 vs. price of MXN99.00 (99.7% below fair value)
  • GF Score™: 16/100 with 7 warning signs

No single metric tells the full story. See the MEX:TPIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TPI Composites Business Description

Other Exchanges TPICQ:USA
Address 9200 E Pima Center Parkway, Suite 250, Scottsdale, AZ, USA, 85258
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.
16GF Score

Get the complete analysis for MEX:TPIC

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN99.00
Price
MXN38,457.69
GF Value