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

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

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

Millicom International Cellular has reported FCF Margin for 13 years, with the latest figure at 38.24% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 315.0% year-over-year to 38.24%; the trailing twelve-month figure through Mar 2026 stood at 21.2% (up 59.0% YoY), and the FY2025 full-year result was 18.63%, up 31.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 38.24%, up from 38.56% in the prior quarter.
  • The five-year high for FCF Margin was 45.12% in Q2 2025, with the low at 68.88% in Q4 2023.
  • Historically, FCF Margin has averaged 13.4% across 5 years, with a median of 31.34% in 2023.
  • Annual changes were most pronounced in 2023 — FCF Margin plunged 6888 bps — and 2024, when it jumped 4095 bps.
  • Millicom International Cellular's FCF Margin stood at 0.0% in 2022, then tumbled by 160684479 bps to 68.88% in 2023, then surged by 53 bps to 32.07% in 2024, then decreased by 20 bps to 38.56% in 2025, then soared by 199 bps to 38.24% in 2026.
  • The last three FCF Margin figures came in at 38.24% (Q1 2026), 38.56% (Q4 2025), and 43.8% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Bce 382.57 Bn 381.58 Bn - 32.26%
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 19.90%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 10.98%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 8.63%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn -9.13%
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 7.58%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - 38.24%
9 Veon 82.81 Bn 80.59 Bn - 32.97%
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn 2.86%

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 -32.07%
Sep 30, 2024 38.64%
Jun 30, 2024 40.95%
Mar 31, 2024 24.95%
Dec 31, 2023 -68.88%
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%