Millicom International Cellular (MLCMF) Gross Margin (2009 - 2023)
Millicom International Cellular's (MLCMF) quarterly Gross Margin came in at 90.64% in Q4 2023, up 1736.0% on a YoY basis from 4.94% in Q4 2022, and up 21.76% quarter-over-quarter from 74.44% in Q3 2023.
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Millicom International Cellular (MLCMF) Gross Margin (2009 - 2023) Analysis & Trends
Millicom International Cellular (MLCMF) has reported Gross Margin for 11 consecutive years, with 90.64% the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Gross Margin rose 1736.0% year-over-year to 90.64%; the trailing twelve-month figure through Dec 2023 stood at 82.0% (up 873.0% YoY), and the FY2025 full-year result was 96.13%, up 3613.0% from the prior year.
- Gross Margin climbed to 90.64% in Q4 2023 per MLCMF's latest filing, from 74.44% in the prior quarter.
- Across five years, Gross Margin topped out at 97.31% in Q4 2020 and bottomed at 69.38% in Q2 2020.
- Historically, Gross Margin has averaged 74.47% across 5 years, with a median of 72.37% in 2019.
- The sharpest annual moves came in 2020 and 2021: Gross Margin surged 2527 bps in 2020, then slumped 2562 bps in 2021.
- Over 5 years, Gross Margin stood at 72.03% in 2019, then jumped by 35 bps to 97.31% in 2020, then slipped by 26 bps to 71.69% in 2021, then rose by 2 bps to 73.27% in 2022, then increased by 24 bps to 90.64% in 2023.
- According to Business Quant data, Gross Margin over the past three periods registered 90.64%, 74.44%, and 72.72% for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 207.36 Bn | 205.61 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 192.37 Bn | 189.55 Bn | 17.74 Bn | 77.82% |
| 3 | At&T | 174.39 Bn | 156.82 Bn | 25.25 Bn | 80.02% |
| 4 | Chunghwa Telecom | 34.46 Bn | 31.88 Bn | 728.80 Mn | 37.54% |
| 5 | Rogers Communications | 20.60 Bn | 23.90 Bn | 1.77 Bn | 43.49% |
| 6 | Telefonica Brasil | 19.00 Bn | 17.31 Bn | 1.42 Bn | 45.54% |
| 7 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.91 Bn | -56,572.09 Bn | - | - |
| 8 | Telus | 14.48 Bn | 13.37 Bn | - | - |
| 9 | Bce | 14.36 Bn | 14.24 Bn | - | - |
| 10 | Millicom International Cellular | 5.07 Bn | 4.12 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 90.64% |
| Sep 30, 2023 | 74.44% |
| Jun 30, 2023 | 72.72% |
| Mar 31, 2023 | 72.90% |
| Dec 31, 2022 | 73.27% |
| Sep 30, 2022 | 73.41% |
| Jun 30, 2022 | 72.70% |
| Mar 31, 2022 | 73.72% |
| Dec 31, 2021 | 71.69% |
| Sep 30, 2021 | 71.37% |
| Jun 30, 2021 | 71.43% |
| Mar 31, 2021 | 72.27% |
| Dec 31, 2020 | 97.31% |
| Sep 30, 2020 | 72.12% |
| Jun 30, 2020 | 69.38% |
| Mar 31, 2020 | 71.97% |
| Dec 31, 2019 | 72.03% |
| Sep 30, 2019 | 72.47% |
| Jun 30, 2019 | 71.82% |
| Mar 31, 2019 | 71.79% |