Millicom International Cellular (TIGO) FCF Margin (2009 - 2026)
Millicom International Cellular's FCF Margin came in at 41.92% for Q3 2026, down 2.04 percentage points from 43.96% a year earlier but up 41.92 percentage points from the prior quarter.
Millicom International Cellular (TIGO) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Millicom International Cellular reported FCF Margin of 21.17%, up 9.62 percentage points year-over-year; for FY2025, it came in at 18.63%, up 0.31 percentage points from FY2024.
- FCF Margin carries a five-year change of +13.40 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 18.31% in FY2024 (+11.09 pp), 7.22% in FY2023 (-1.38 pp), 8.61% in FY2022 (+3.54 pp) and 5.07% in FY2021 (-0.16 pp).
- The five-year range for quarterly FCF Margin is -68.88% (Q4 2023) to 55.90% (Q4 2021).
- Year-over-year, FCF Margin increased in four of the last seven quarters, with an average year-over-year change of +13.14 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2021 (a gain of 55.90 percentage points), and the weakest in Q4 2023 (a drop of 111.75 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.19 Bn | 159.83 Bn | 27.05 Bn | 22.73% |
| 2 | T-Mobile US | 180.63 Bn | 163.07 Bn | 15.13 Bn | 21.50% |
| 3 | At&T | 149.48 Bn | 106.93 Bn | 26.22 Bn | 16.89% |
| 4 | Grupo Televisa, S.A.B | 138.76 Bn | 131.89 Bn | 960.50 Mn | - |
| 5 | Comcast | 89.06 Bn | 55.02 Bn | - | 16.54% |
| 6 | Chunghwa Telecom | 38.69 Bn | 31.18 Bn | 728.80 Mn | 8.63% |
| 7 | Vodafone Group Public | 37.39 Bn | 5.63 Bn | - | - |
| 8 | EchoStar | 29.07 Bn | 10.15 Bn | 647.20 Mn | 4.26% |
| 9 | Bce | 19.98 Bn | 18.22 Bn | 11.61 Bn | 17.55% |
| 10 | Millicom International Cellular | 13.41 Bn | 9.01 Bn | - | 41.92% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 41.92% |
| Jun 30, 2026 | 0.00% |
| Mar 31, 2026 | 38.24% |
| Sep 30, 2025 | 43.96% |
| Jun 30, 2025 | 0.00% |
| Mar 31, 2025 | 35.09% |
| Dec 31, 2024 | -32.07% |
| Sep 30, 2024 | 0.00% |
| Jun 30, 2024 | 0.00% |
| Mar 31, 2024 | 24.95% |
| Dec 31, 2023 | -68.88% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 31.34% |
| Dec 31, 2022 | 42.87% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 32.95% |
| Dec 31, 2021 | 55.90% |
| Sep 30, 2021 | 0.00% |
Millicom International Cellular FCF Margin 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=fcf-margin&ticker=TIGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();