Millicom International Cellular (TIGO) FCF Margin (2009 - 2026)

Millicom International Cellular (TIGO) posted FCF Margin of 38.24% for Q1 2026, up 199.16% on a QoQ basis from 38.56% in Q4 2025, and up 315.0% year-over-year from 9.21% in Q1 2025.

Millicom International Cellular (TIGO) FCF Margin (2009 - 2026) Analysis & Trends

Millicom International Cellular's FCF Margin history runs 14 years deep, the most recent figure standing at 38.24% for Q1 2026.

  • Quarterly FCF Margin rose 315.0% year-over-year to 38.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.2% (up 493.0% YoY) and the FY2025 annual result came in at 18.63%, up 31.0% from the prior year.
  • FCF Margin was 38.24% for Q1 2026 at Millicom International Cellular, up from 38.56% in the prior quarter.
  • Across five years, FCF Margin topped out at 45.12% in Q2 2025 and bottomed at 38.56% in Q4 2025.
  • A 5-year average of 17.0% and a median of 31.34% in 2023 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2023 — FCF Margin sank 2427 bps — and 2024, when it jumped 4095 bps.
  • Millicom International Cellular's FCF Margin stood at 0.0% in 2022, then tumbled by 106718720 bps to 24.27% in 2023, then jumped by 36 bps to 15.55% in 2024, then sank by 148 bps to 38.56% in 2025, then surged by 199 bps to 38.24% in 2026.
  • Business Quant data shows TIGO's FCF Margin at 38.24% in Q1 2026, 38.56% in Q4 2025, and 43.8% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn 30.98%
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn -
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn 17.93%
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 10.98%
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn 21.05%
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn 16.16%
8 Veon 90.84 Bn 90.84 Bn - 32.97%
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn -
10 Millicom International Cellular 15.93 Bn 14.66 Bn - 38.24%

Historic Data

Download Data
DateValue
Mar 31, 2026 38.24%
Dec 31, 2025 -38.56%
Sep 30, 2025 43.80%
Jun 30, 2025 45.12%
Mar 31, 2025 35.09%
Dec 31, 2024 -15.55%
Sep 30, 2024 38.64%
Jun 30, 2024 40.95%
Mar 31, 2024 24.95%
Dec 31, 2023 -24.27%
Sep 30, 2023 36.31%
Jun 30, 2023 0.00%
Mar 31, 2023 31.34%
Dec 31, 2022 0.00%
Sep 30, 2022 0.00%
Jun 30, 2022 0.00%
Mar 31, 2022 32.95%
Dec 31, 2021 0.00%
Sep 30, 2021 0.00%
Jun 30, 2021 0.00%