Millicom International Cellular (MLCMF) Gross Margin (2009 - 2023)
Millicom International Cellular (MLCMF) reported Gross Margin of 73.42% for Q4 2023, up 29.0% on a YoY basis from 56.92% in Q4 2022, and down 1.36% quarter-over-quarter from 74.44% in Q3 2023.
Millicom International Cellular (MLCMF) Gross Margin (2009 - 2023) Analysis & Trends
Millicom International Cellular has reported Gross Margin for 10 years, with the latest figure at 73.42% in Q4 2023.
- For the quarter ending Q4 2023, Gross Margin rose 29.0% year-over-year to 73.42%; the trailing twelve-month figure through Dec 2023 stood at 73.38% (up 14.0% YoY), and the FY2025 full-year result was 77.47%, up 194.0% from the prior year.
- Gross Margin for Q4 2023 stood at 73.42%, down from 74.44% in the prior quarter.
- The five-year high for Gross Margin was 74.44% in Q3 2023, with the low at 26.08% in Q4 2020.
- Historically, Gross Margin has averaged 70.08% across 5 years, with a median of 72.34% in 2021.
- Annual changes were most pronounced in 2020 — Gross Margin slumped 4596 bps — and 2021, when it soared 4633 bps.
- Millicom International Cellular's Gross Margin stood at 72.03% in 2019, then plunged by 64 bps to 26.08% in 2020, then soared by 178 bps to 72.41% in 2021, then increased by 1 bps to 73.14% in 2022, then advanced by 0 bps to 73.42% in 2023.
- The last three Gross Margin figures came in at 73.42% (Q4 2023), 74.44% (Q3 2023), and 72.72% (Q2 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 76.25% |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 81.11% |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 80.13% |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 44.91% |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 75.12% |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 37.92% |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 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 | 26.08% |
| 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% |