T vs TIGO vs VZ Stock Comparison

At&T, Millicom International Cellular and Verizon Communications Prices as of Oct 23, 2026 Peers: Industry group
T At&T Inc.
$20.93 -17.3% 1M -15.0% 1Y
Market cap
$142.41B
P/E
11.0x
Revenue (TTM)
$128.85B
Div. yield
0.06%
Wireless Carriers Communication Services
3 wins
VZ Verizon Communications Inc
$44.63 -4.1% 1M +16.2% 1Y
Market cap
$179.95B
P/E
11.1x
Revenue (TTM)
$138.90B
Div. yield
–
Wireless Carriers Communication Services
3 wins

Head to Head

11 decided of 12

Millicom International Cellular leads on 5 of the 12 questions below (Millicom International Cellular 5, Verizon Communications 3, At&T 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTTIGOVZLeader
Larger companyMarket capitalisation $142.41B $13.13B $179.95B VZ
Cheaper on earningsLower P/E, profitable companies only 11.0x 19.7x 11.1x T
Cheaper on forward earningsLower price / next fiscal year consensus EPS 8.4x 20.6x 8.6x T
Faster revenue growthRevenue growth, trailing twelve months +3.5% +29.4% +1.4% TIGO
More profitableNet margin, trailing twelve months 10.1% 9.2% 11.6% VZ
Better return on capitalReturn on invested capital 6.9% 16.8% 8.0% TIGO
Less leveragedLower net debt / EBITDA 3.4x 2.0x 3.4x TIGO
Higher dividend yieldTrailing dividend yield 0.06% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -15.0% +65.1% +16.2% TIGO
Better 5-year returnAnnualised price return, 5 years +1.7%/yr +16.5%/yr -3.4%/yr TIGO
Less volatileAnnualised volatility, 1 year 29.8% 42.1% 27.8% VZ
Higher overall scoreMean of the five percentile scores vs peers 58/100 55/100 55/100 T

Percentile Scorecard

TTIGOVZ

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTTIGOVZ
Valuation 73 #14 of 49 46 #27 of 49 56 #22 of 49
Growth 44 #26 of 46 71 #14 of 46 36 #30 of 46
Profitability 71 #14 of 46 80 #10 of 46 73 #13 of 46
Financial Health 41 #30 of 50 25 #38 of 50 33 #34 of 50
Shareholder Returns 60 #15 of 36 51 #18 of 36 77 #9 of 36
Overall 58 55 55
  • T ranked among 51 companies in Telecommunications
  • TIGO ranked among 51 companies in Telecommunications
  • VZ ranked among 51 companies in Telecommunications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTTIGOVZSPY
1 month -17.3%-14.8%-4.1% -1.0%
3 months -13.2%-17.1%-3.9% +2.9%
6 months -20.1%-6.8%-3.8% +6.4%
Year to date -15.7%+41.3%+9.6% +11.4%
1 year -15.0%+65.1%+16.2% +13.1%
3 years +34.8%+427.2%+30.1% +79.4%
3 years, per year +10.5%+74.1%+9.2% +21.5%
5 years +8.7%+114.7%-15.7% +67.7%
5 years, per year +1.7%+16.5%-3.4% +10.9%
10 years -26.1%—-7.4% +255.2%
10 years, per year -3.0%—-0.8% +13.5%

Risk

MeasureTTIGOVZSPY
Volatility, 1Y 29.8%42.1%27.8% 12.7%
Downside volatility, 1Y 34.2%44.5%27.8% 12.7%
Beta vs S&P 500, 1Y -0.390.32-0.40 1.00
Return / volatility, 1Y -0.501.540.58 1.03
Max drawdown, 5Y -36.9%-71.3%-44.3% -25.4%
From 52-week high -28.1%-24.9%-13.1% -2.5%
52-week high $29.10$104.31$51.38 $779.14
52-week low $20.49$45.81$38.40 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTTIGOVZ
P/E now vs peer median 11.0xmedian 11.6x 19.7xmedian 11.6x 11.5xmedian 11.6x
P/S now vs peer median 1.1xmedian 1.1x 1.8xmedian 1.1x 1.3xmedian 1.1x
EV/EBITDA now vs peer median 6.6xmedian 6.9x 5.9xmedian 6.9x 7.3xmedian 6.9x
P/FCF now vs peer median 7.9xmedian 5.6x 22.4xmedian 5.6x 8.6xmedian 5.6x
P/B now vs peer median 1.1xmedian 1.3x 5.3xmedian 1.3x 1.8xmedian 1.3x
PEG now vs peer median 0.23median 0.24 0.06median 0.24 -1.42median 0.24

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTTIGOVZ
Revenue $128.85B $7.24B $138.90B
Gross profit $102.21B – $81.57B
Operating income $23.58B $1.74B $28.53B
Net income $13.14B $646.00M $16.60B
Free cash flow $17.82B $590.00M $21.53B
EPS (diluted) $1.90 $3.96 $3.88
Cash & equivalents $10.77B $861.00M $1.75B
Total debt $581.46B $26.42B $165.23B
Shares (diluted) 6.84B 168.00M 4.17B
Enterprise value $83.87B $7.88B $143.08B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTTIGOVZ
P/E 11.0x 19.7x 11.5x
P/FCF 7.9x 22.4x 8.6x
P/Operating cash flow 3.5x 22.4x 4.8x
P/S 1.1x 1.8x 1.3x
P/B 1.1x 5.3x 1.8x
P/Tangible book -5.3x -2.1x -3.5x
EV/EBITDA 6.6x 5.9x 7.3x
EV/EBIT 12.3x 11.5x 12.2x
EV/Revenue 2.2x 2.8x 2.5x
EV/FCF 16.3x 33.9x 16.2x
EV/Operating cash flow 7.2x 33.9x 9.0x
PEG (3Y EPS CAGR) 0.23 0.06 -1.42

Growth

14 metrics
MetricTTIGOVZ
Revenue growth (1Y) 3.5% 29.4% 1.4%
Revenue CAGR (3Y) 1.9% 9.4% 1.0%
Gross profit growth (1Y) 2.0% – -1.5%
Gross profit CAGR (3Y) -0.5% – 1.3%
Operating income growth (1Y) -0.5% 20.0% -3.3%
Operating income CAGR (3Y) 116.3% 28.3% -1.6%
Net income growth (1Y) -38.2% -35.3% -10.9%
Net income CAGR (3Y) 48.2% 121.4% -8.3%
EPS growth (1Y) -38.6% -28.2% -9.9%
EPS CAGR (3Y) 47.1% 351.7% -8.1%
Operating cash flow growth (1Y) -1.5% -52.2% 4.6%
Operating cash flow CAGR (3Y) 2.6% -1.5% 1.1%
Free cash flow growth (1Y) -10.7% -52.2% 7.0%
Free cash flow CAGR (3Y) -3.5% -1.5% 13.2%

Profitability

14 metrics
MetricTTIGOVZ
Gross margin 79.3% – 58.7%
EBITDA margin 33.9% 47.1% 34.2%
Operating margin 18.3% 24.0% 20.5%
Pretax margin 14.1% 13.3% 15.6%
Net margin 10.1% 9.2% 11.6%
FCF margin 13.8% 8.2% 15.5%
Operating cash flow margin 31.2% 8.2% 27.9%
Return on equity 11.7% 22.8% 15.8%
Return on assets 3.3% 3.1% 4.0%
Return on invested capital 6.9% 16.8% 8.0%
Return on capital employed 6.3% 11.2% 8.1%
Asset turnover 0.3x 0.3x 0.3x
Cash conversion (OCF / net income) 3.1x 0.9x 2.3x
Stock comp / revenue – 0.1% 0.5%

Financial Health

11 metrics
MetricTTIGOVZ
Debt / assets 35.8% 37.0% 40.3%
Debt / equity 1.3x 3.1x 1.6x
Net debt / EBITDA 3.4x 2.0x 3.4x
Debt / FCF 9.0x 13.0x 7.7x
Liabilities / assets 72.5% 87.9% 74.4%
Equity / assets 27.5% 12.1% 25.6%
Interest coverage 3.2x 1.9x 3.9x
Current ratio 0.9x 0.5x 0.6x
Quick ratio 0.4x 0.3x 0.5x
Cash ratio 0.2x 0.2x 0.0x
Altman Z-score 0.76 1.06 1.19

Shareholder Returns

7 metrics
MetricTTIGOVZ
Dividend yield 5.3% 4.5% 6.3%
Net buyback yield 6.6% – 1.9%
Shareholder yield 11.9% 4.5% 8.2%
Payout ratio (earnings) 60.4% – –
Payout ratio (FCF) 44.5% – –
Dividend growth (1Y) -3.3% – –
Dividend CAGR (3Y) -0.8% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTTIGOVZ
Forward P/E 8.4xFY2026 20.6xFY2026 8.6xFY2026
EPS, next fiscal year $2.48FY2026 $3.80FY2026 $5.20FY2026
EPS growth, next FY +17.0%FY2026 -51.5%FY2026 +10.4%FY2026
EPS growth, the year after +6.5% +65.5% +7.3%
Revenue, next fiscal year $125.70BFY2026 $9.17BFY2026 $146.21BFY2026
Revenue growth, next FY +0.0%FY2026 +57.6%FY2026 +5.8%FY2026
Revenue growth, the year after +11.9% -4.3% +0.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTTIGOVZ
Held by institutions 66.0% 46.2% 68.7%
Institutions holding 2,675 437 3,131
Change in shares held, QoQ -0.3% +7.3% +3.1%
Institutions buying 1,266 283 1,594
Institutions selling 1,152 127 1,246
Buyers to sellers 1.10 2.23 1.28

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TTIGOVZ
T 1.00 0.23 0.78
TIGO 0.23 1.00 0.13
VZ 0.78 0.13 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, T, TIGO and VZ?

Verizon Communications (VZ) is the largest by market capitalisation: At&T (T) $142.41B, Millicom International Cellular (TIGO) $13.13B, Verizon Communications (VZ) $179.95B.

Which stock is cheaper, T, TIGO and VZ?

At&T (T) trades on the lowest price-to-earnings ratio (At&T (T) 11.0x, Millicom International Cellular (TIGO) 19.7x, Verizon Communications (VZ) 11.1x). On next year's consensus earnings, At&T (T) is cheapest (At&T (T) 8.4x, Millicom International Cellular (TIGO) 20.6x, Verizon Communications (VZ) 8.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Millicom International Cellular (TIGO) grew revenue fastest over the trailing twelve months: At&T (T) +3.5%, Millicom International Cellular (TIGO) +29.4%, Verizon Communications (VZ) +1.4%.

Which company is more profitable?

Verizon Communications (VZ) has the highest net margin (At&T (T) 10.1%, Millicom International Cellular (TIGO) 9.2%, Verizon Communications (VZ) 11.6%). On return on invested capital, Millicom International Cellular (TIGO) leads (At&T (T) 6.9%, Millicom International Cellular (TIGO) 16.8%, Verizon Communications (VZ) 8.0%).

Which stock has performed better?

Over the past year Millicom International Cellular (TIGO) returned the most: At&T (T) -15.0%, Millicom International Cellular (TIGO) +65.1%, Verizon Communications (VZ) +16.2%. Over five years, Millicom International Cellular (TIGO) compounded fastest (At&T (T) +1.7%/yr, Millicom International Cellular (TIGO) +16.5%/yr, Verizon Communications (VZ) -3.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: At&T (T) 0.06%, Millicom International Cellular (TIGO) 0.00%, Verizon Communications (VZ) 0.00%. Millicom International Cellular (TIGO) and Verizon Communications (VZ) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Verizon Communications (VZ) has been the steadiest (At&T (T) 29.8%, Millicom International Cellular (TIGO) 42.1%, Verizon Communications (VZ) 27.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, T, TIGO and VZ?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Millicom International Cellular (TIGO) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.