Millicom International Cellular (TIGO) Free Cash Flow (2009 - 2026)
Millicom International Cellular (TIGO) recorded Free Cash Flow of $972.00 in Q2 2026, down 100.0% from $172 million a year earlier and down 100.0% from the prior quarter.
Millicom International Cellular (TIGO) Free Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, Millicom International Cellular's Free Cash Flow came in at $752 million as of Jun 30, 2026, down 37.2% year-over-year; for FY2025, it was $945 million, down 55.9% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of -8.1% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $2.14 billion in FY2024 (+5.2%), $2.04 billion in FY2023 (-2.3%), $2.08 billion in FY2022 (+22.9%) and $1.7 billion in FY2021 (+17.5%).
- Quarterly Free Cash Flow has ranged from -$622 million in Q4 2025 to $752 million in Q1 2026 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in four of the last five quarters, with growth averaging 1.1%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 79.8% in Q1 2022, against a decline of 100.0% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $752 million (Q1 2026), -$622 million (Q4 2025) and $622 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 6.43 Bn |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 4.80 Bn |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 5.10 Bn |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | - |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | 5.19 Bn |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 167.60 Mn |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | -102.26 Mn |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | -694.77 Mn |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | - |
| 10 | Millicom International Cellular | 14.93 Bn | 7.24 Bn | - | 972.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 972.00 |
| Mar 31, 2026 | 752.00 Mn |
| Dec 31, 2025 | -622.00 Mn |
| Sep 30, 2025 | 622.00 Mn |
| Jun 30, 2025 | 172.00 Mn |
| Mar 31, 2025 | 480.00 Mn |
| Dec 31, 2024 | -8.00 Mn |
| Sep 30, 2024 | 553.00 Mn |
| Jun 30, 2024 | 597.00 |
| Mar 31, 2024 | 371.00 Mn |
| Dec 31, 2023 | -278.00 Mn |
| Sep 30, 2023 | 517.00 Mn |
| Jun 30, 2023 | 201.00 Mn |
| Mar 31, 2023 | 429.00 Mn |
| Dec 31, 2022 | 592.00 Mn |
| Sep 30, 2022 | 528.00 Mn |
| Jun 30, 2022 | 501.00 Mn |
| Mar 31, 2022 | 464.00 Mn |
| Dec 31, 2021 | 701.00 Mn |
| Sep 30, 2021 | 386.00 Mn |
Millicom International Cellular Free Cash Flow 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=free-cash-flow&ticker=TIGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();