Millicom International Cellular (TIGO) FCF Margin (2009 - 2026)
Millicom International Cellular's (TIGO) quarterly FCF Margin came in at 38.24% in Q1 2026, up 315.0% YoY from 9.21% in Q1 2025, and up 199.16% on a QoQ basis from 38.56% in Q4 2025.
Millicom International Cellular (TIGO) FCF Margin (2009 - 2026) Analysis & Trends
Millicom International Cellular (TIGO) has 14 years of FCF Margin data on file, last reported at 38.24% in 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 11.57% (down 277.0% YoY) and the FY2025 annual result came in at 18.63%, up 31.0% from the prior year.
- FCF Margin grew to 38.24% in Q1 2026, from 38.56% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 43.8% in Q3 2025 to a low of 38.56% in Q4 2025.
- A 5-year average of 14.28% and a median of 0.0% in 2025 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2023 — FCF Margin soared 3631 bps — and 2025, when it plunged 3856 bps.
- Tracing TIGO's FCF Margin over 5 years: stood at 0.0% in 2022, then slipped by 5 bps to 0.0% in 2023, then jumped by 52 bps to 0.0% in 2024, then tumbled by 117311261 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 | Verizon Communications | 206.77 Bn | 205.02 Bn | 27.03 Bn | 18.76% |
| 2 | T-Mobile US | 199.95 Bn | 197.12 Bn | 17.74 Bn | 21.05% |
| 3 | Grupo Televisa, S.A.B | 192.34 Bn | 190.63 Bn | 318.12 Mn | - |
| 4 | At&T | 177.02 Bn | 159.45 Bn | 25.25 Bn | 16.16% |
| 5 | Chunghwa Telecom | 33.78 Bn | 31.21 Bn | 728.80 Mn | 8.63% |
| 6 | EchoStar | 25.31 Bn | 23.82 Bn | 1.65 Bn | -2.86% |
| 7 | Bce | 22.17 Bn | 22.17 Bn | - | 17.52% |
| 8 | Rogers Communications | 19.73 Bn | 18.48 Bn | 1.77 Bn | 9.90% |
| 9 | Telefonica Brasil | 18.54 Bn | 18.54 Bn | 1.32 Bn | - |
| 10 | Millicom International Cellular | 15.41 Bn | 14.42 Bn | - | 0.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.24% |
| Dec 31, 2025 | -38.56% |
| Sep 30, 2025 | 43.80% |
| Jun 30, 2025 | 0.00% |
| Mar 31, 2025 | 35.09% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | 38.64% |
| Jun 30, 2024 | 0.00% |
| Mar 31, 2024 | 24.95% |
| Dec 31, 2023 | 0.00% |
| 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 | 35.16% |