Millicom International Cellular (TIGO) EBIT Margin (2009 - 2026)
Millicom International Cellular (TIGO) recorded EBIT Margin of 26.36% in Q3 2026, down 1.06 percentage points from 27.42% a year earlier but up 5.16 percentage points from the prior quarter.
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Analysis
Millicom International Cellular (TIGO) EBIT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Millicom International Cellular's EBIT Margin came in at 24.06% as of Sep 30, 2026, down 3.48 percentage points year-over-year; for FY2025, it came in at 28.17%, up 5.04 percentage points from FY2024.
- Annual EBIT Margin has a five-year change of +17.60 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 23.12% in FY2024 (+8.53 pp), 14.59% in FY2023 (-1.68 pp), 16.27% in FY2022 (+1.74 pp) and 14.53% in FY2021 (+3.96 pp).
- Quarterly EBIT Margin has ranged from 13.88% in Q1 2023 to 30.77% in Q1 2025 over the past five years.
- On a year-over-year basis, EBIT Margin has declined for three consecutive quarters, with an average year-over-year change of +1.88 percentage points over the last eight quarters.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 11.63 percentage points in Q4 2021, against a drop of 9.82 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.20% (Q2 2026), 20.96% (Q1 2026) and 28.39% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.19 Bn | 159.83 Bn | 27.05 Bn | 25.21% |
| 2 | T-Mobile US | 180.63 Bn | 163.07 Bn | 15.13 Bn | 24.00% |
| 3 | At&T | 149.48 Bn | 106.93 Bn | 26.22 Bn | 12.67% |
| 4 | Grupo Televisa, S.A.B | 138.76 Bn | 131.89 Bn | 960.50 Mn | 4.84% |
| 5 | Comcast | 89.06 Bn | 55.02 Bn | - | 18.16% |
| 6 | Chunghwa Telecom | 38.69 Bn | 31.18 Bn | 728.80 Mn | 21.61% |
| 7 | Vodafone Group Public | 37.39 Bn | 5.63 Bn | - | - |
| 8 | EchoStar | 29.07 Bn | 10.15 Bn | 647.20 Mn | 13.10% |
| 9 | Bce | 19.98 Bn | 18.22 Bn | 11.61 Bn | 51.26% |
| 10 | Millicom International Cellular | 13.41 Bn | 9.01 Bn | - | 26.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.36% |
| Jun 30, 2026 | 21.20% |
| Mar 31, 2026 | 20.96% |
| Dec 31, 2025 | 28.39% |
| Sep 30, 2025 | 27.42% |
| Jun 30, 2025 | 25.90% |
| Mar 31, 2025 | 30.77% |
| Dec 31, 2024 | 26.12% |
| Sep 30, 2024 | 20.96% |
| Jun 30, 2024 | 23.66% |
| Mar 31, 2024 | 21.79% |
| Dec 31, 2023 | 15.46% |
| Sep 30, 2023 | 14.68% |
| Jun 30, 2023 | 14.21% |
| Mar 31, 2023 | 13.88% |
| Dec 31, 2022 | 17.23% |
| Sep 30, 2022 | 14.12% |
| Jun 30, 2022 | 17.07% |
| Mar 31, 2022 | 16.62% |
| Dec 31, 2021 | 16.19% |
API Access
Millicom International Cellular EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=TIGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "TIGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();