Millicom International Cellular (TIGO) EBITDA (2009 - 2025)
Millicom International Cellular (TIGO) reported EBITDA of $839 million for Q4 2025, up 25.4% from $669 million a year earlier and up 18.8% from the prior quarter.
Millicom International Cellular (TIGO) EBITDA (2009 - 2025) Analysis & Trends
For FY2025, Millicom International Cellular posted EBITDA of $2.92 billion, down 1.8% from FY2024.
- EBITDA has a five-year compound annual growth rate of 13.8% (FY2020 to FY2025).
- By year, EBITDA came in at $2.97 billion in FY2024 (+12.7%), $2.64 billion in FY2023 (-0.1%), $2.64 billion in FY2022 (+45.5%) and $1.82 billion in FY2021 (+18.5%).
- The Q4 2025 figure ranks as the highest quarterly EBITDA since Q4 2020.
- Year over year, EBITDA has now increased in each of the last ten quarters, with growth averaging 16.2% over the last eight quarters.
- The high point for year-over-year EBITDA in five years was Q1 2024 (growth of 26.3%); the low point was Q4 2021 (a decline of 52.7%).
- Per Business Quant data, the three quarters before Q4 2025 came in at $706 million (Q3 2025), $651 million (Q2 2025) and $718 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 12.19 Bn |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 8.92 Bn |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 12.00 Bn |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | -151.78 Mn |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | 8.85 Bn |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | - |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | 683.48 Mn |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | -300.48 Mn |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | -273.89 Mn |
| 10 | Millicom International Cellular | 14.93 Bn | 7.24 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 839.00 Mn |
| Sep 30, 2025 | 706.00 Mn |
| Jun 30, 2025 | 651.00 Mn |
| Mar 31, 2025 | 718.00 Mn |
| Dec 31, 2024 | 669.00 Mn |
| Sep 30, 2024 | 600.00 Mn |
| Jun 30, 2024 | 649.00 Mn |
| Mar 31, 2024 | 658.00 Mn |
| Dec 31, 2023 | 570.00 Mn |
| Sep 30, 2023 | 546.00 Mn |
| Jun 30, 2023 | 526.00 Mn |
| Mar 31, 2023 | 521.00 Mn |
| Dec 31, 2022 | 559.00 Mn |
| Sep 30, 2022 | 538.00 Mn |
| Dec 31, 2021 | 546.00 Mn |
| Dec 31, 2020 | 1.15 Bn |
| Sep 30, 2020 | -410.00 Mn |
| Mar 31, 2019 | 423.00 Mn |
| Mar 31, 2018 | 367.00 Mn |
| Dec 31, 2016 | 610.00 Mn |
Millicom International Cellular EBITDA 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=ebitda&ticker=TIGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();