Millicom International Cellular (MLCMF) Gross Margin (2009 - 2023)
Millicom International Cellular (MLCMF) posted Gross Margin of 73.42% for Q4 2023, down 1.36% quarter-over-quarter from 74.44% in Q3 2023, and up 29.0% year-on-year from 56.92% in Q4 2022.
Millicom International Cellular (MLCMF) Gross Margin (2009 - 2023) Analysis & Trends
Millicom International Cellular (MLCMF) has reported Gross Margin for 11 consecutive years, with 73.42% the latest figure, recorded in Q4 2023.
- Gross Margin for Q4 2023 came in at 73.42%, up 29.0% year-over-year; the trailing twelve-month figure through Dec 2023 was 73.38% (up 14.0% YoY), and the FY2025 annual result was 77.47%, up 194.0% from the prior year.
- Gross Margin was 73.42% for Q4 2023 at Millicom International Cellular, down from 74.44% in the prior quarter.
- Over five years, Gross Margin peaked at 74.44% in Q3 2023 and troughed at 52.1% in Q1 2019.
- Average Gross Margin over 5 years is 71.51%, with a median of 72.7% recorded in 2022.
- Year-over-year, Gross Margin plunged 2055 bps in 2019 and jumped 205 bps in 2021.
- Over 5 years, Gross Margin stood at 72.96% in 2019, then gained by 1 bps to 73.9% in 2020, then dropped by 2 bps to 72.41% in 2021, then advanced by 1 bps to 73.14% in 2022, then increased by 0 bps to 73.42% in 2023.
- Per Business Quant data, the three most recent Gross Margin figures were 73.42% in Q4 2023, 74.44% in Q3 2023, and 72.72% in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | 76.25% |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 81.11% |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 80.13% |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | - |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 66.55% |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | 41.60% |
| 10 | Millicom International Cellular | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 73.42% |
| Sep 30, 2023 | 74.44% |
| Jun 30, 2023 | 72.72% |
| Mar 31, 2023 | 72.90% |
| Dec 31, 2022 | 73.14% |
| Sep 30, 2022 | 73.41% |
| Jun 30, 2022 | 72.70% |
| Mar 31, 2022 | 73.72% |
| Dec 31, 2021 | 72.41% |
| Sep 30, 2021 | 71.37% |
| Jun 30, 2021 | 71.43% |
| Mar 31, 2021 | 72.27% |
| Dec 31, 2020 | 73.90% |
| Sep 30, 2020 | 72.12% |
| Jun 30, 2020 | 69.38% |
| Dec 31, 2019 | 72.96% |
| Sep 30, 2019 | 72.47% |
| Jun 30, 2019 | 71.82% |
| Mar 31, 2019 | 52.10% |
| Dec 31, 2018 | 71.73% |