Millicom International Cellular (TIGO) EBITDA Margin (2009 - 2026)
Millicom International Cellular (TIGO) reported EBITDA Margin of 20.96% for Q1 2026, down 982.0% on a YoY basis from 2.38% in Q1 2025, and up 13.89% quarter-over-quarter from 18.4% in Q4 2025.
Millicom International Cellular (TIGO) EBITDA Margin (2009 - 2026) Analysis & Trends
Millicom International Cellular has reported EBITDA Margin for 13 years, with the latest figure at 20.96% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 982.0% year-over-year to 20.96%; the trailing twelve-month figure through Mar 2026 stood at 20.35% (up 487.0% YoY), and the FY2025 full-year result was 24.01%, up 1918.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 20.96%, up from 18.4% in the prior quarter.
- The five-year high for EBITDA Margin was 30.77% in Q1 2025, with the low at 3.15% in Q4 2024.
- Historically, EBITDA Margin has averaged 17.01% across 5 years, with a median of 16.62% in 2022.
- Annual changes were most pronounced in 2024 — EBITDA Margin slumped 1231 bps — and 2025, when it soared 1525 bps.
- Millicom International Cellular's EBITDA Margin stood at 17.23% in 2022, then retreated by 10 bps to 15.46% in 2023, then tumbled by 80 bps to 3.15% in 2024, then surged by 484 bps to 18.4% in 2025, then grew by 14 bps to 20.96% in 2026.
- The last three EBITDA Margin figures came in at 20.96% (Q1 2026), 18.4% (Q4 2025), and 16.27% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 10.89% |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 23.93% |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 21.13% |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 15.03% |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 39.90% |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 0.00% |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | 20.96% |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | 43.05% |
| 10 | EchoStar | 33.61 Bn | 33.48 Bn | 3.13 Bn | 15.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.96% |
| Dec 31, 2025 | 18.40% |
| Sep 30, 2025 | 16.27% |
| Jun 30, 2025 | 26.02% |
| Mar 31, 2025 | 30.77% |
| Dec 31, 2024 | 3.15% |
| Sep 30, 2024 | 4.82% |
| 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% |
| Sep 30, 2021 | 18.79% |
| Jun 30, 2021 | 12.39% |