Millicom International Cellular (TIGO) Free Cash Flow (2009 - 2026)
Millicom International Cellular (TIGO) recorded Free Cash Flow of $954 million in Q3 2026, up 53.4% from $622 million a year earlier.
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Analysis
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 $1.71 billion as of Sep 30, 2026, up 166.0% year-over-year; for FY2025, it was $1.08 billion, up 2.0% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of 40.4% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $1.06 billion in FY2024 (+159.9%), $409 million in FY2023 (-15.5%), $484 million in FY2022 (+124.1%) and $216 million in FY2021 (+8.5%).
- The Q3 2026 figure is the highest quarterly Free Cash Flow since Q4 2019.
- On a year-over-year basis, Free Cash Flow has increased for three consecutive quarters, with growth averaging 40.4% over the last five quarters.
- 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 15.5% in Q4 2022 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.19 Bn | 159.83 Bn | 27.05 Bn | 7.80 Bn |
| 2 | T-Mobile US | 180.63 Bn | 163.07 Bn | 15.13 Bn | 5.07 Bn |
| 3 | At&T | 149.48 Bn | 106.93 Bn | 26.22 Bn | 5.46 Bn |
| 4 | Grupo Televisa, S.A.B | 138.76 Bn | 131.89 Bn | 960.50 Mn | - |
| 5 | Comcast | 89.06 Bn | 55.02 Bn | - | 4.85 Bn |
| 6 | Chunghwa Telecom | 38.69 Bn | 31.18 Bn | 728.80 Mn | 167.60 Mn |
| 7 | Vodafone Group Public | 37.39 Bn | 5.63 Bn | - | - |
| 8 | EchoStar | 29.07 Bn | 10.15 Bn | 647.20 Mn | 48.08 Mn |
| 9 | Bce | 19.98 Bn | 18.22 Bn | 11.61 Bn | 2.32 Bn |
| 10 | Millicom International Cellular | 13.41 Bn | 9.01 Bn | - | 954.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 954.00 Mn |
| Jun 30, 2026 | 972.00 |
| Mar 31, 2026 | 759.00 Mn |
| Sep 30, 2025 | 622.00 Mn |
| Jun 30, 2025 | 617.00 |
| Mar 31, 2025 | 480.00 Mn |
| Dec 31, 2024 | -458.00 Mn |
| Sep 30, 2024 | 553.00 |
| Jun 30, 2024 | 597.00 |
| Mar 31, 2024 | 371.00 Mn |
| Dec 31, 2023 | -1.02 Bn |
| Sep 30, 2023 | 517.00 |
| Jun 30, 2023 | 479.00 |
| Mar 31, 2023 | 429.00 Mn |
| Dec 31, 2022 | 592.00 Mn |
| Sep 30, 2022 | 528.00 |
| Jun 30, 2022 | 501.00 |
| Mar 31, 2022 | 464.00 Mn |
| Dec 31, 2021 | 701.00 Mn |
| Sep 30, 2021 | 386.00 |
API Access
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_KEYimport 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();