Millicom International Cellular (TIGO) Gross Margin (2009 - 2023)
Millicom International Cellular (TIGO) recorded Gross Margin of 77.47% in FY2025, up 1.94 percentage points from 75.53% in FY2024.
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Analysis
Millicom International Cellular (TIGO) Gross Margin (2009 - 2023) Analysis & Trends
Starting with FY2009, Millicom International Cellular's Gross Margin history includes 13 years.
- Annual Gross Margin has increased for four straight years, with a five-year change of +5.33 percentage points (FY2020 to FY2025).
- The FY2025 figure is the highest annual Gross Margin in data going back to FY2009.
- Per Business Quant data, TIGO's Gross Margin was 75.53% in FY2024 (+2.15 pp), 73.38% in FY2023 (+0.16 pp), 73.22% in FY2022 (+1.34 pp) and 71.88% in FY2021 (-0.26 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.19 Bn | 159.83 Bn | 27.05 Bn | 78.83% |
| 2 | T-Mobile US | 180.63 Bn | 163.07 Bn | 15.13 Bn | 64.17% |
| 3 | At&T | 149.48 Bn | 106.93 Bn | 26.22 Bn | 81.13% |
| 4 | Grupo Televisa, S.A.B | 138.76 Bn | 131.89 Bn | 960.50 Mn | 117.66% |
| 5 | Comcast | 89.06 Bn | 55.02 Bn | - | - |
| 6 | Chunghwa Telecom | 38.69 Bn | 31.18 Bn | 728.80 Mn | 37.54% |
| 7 | Vodafone Group Public | 37.39 Bn | 5.63 Bn | - | - |
| 8 | EchoStar | 29.07 Bn | 10.15 Bn | 647.20 Mn | 57.40% |
| 9 | Bce | 19.98 Bn | 18.22 Bn | 11.61 Bn | 87.73% |
| 10 | Millicom International Cellular | 13.41 Bn | 9.01 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 73.42% |
| Sep 30, 2023 | 74.44% |
| Jun 30, 2023 | 72.72% |
| Mar 31, 2023 | 72.90% |
| Dec 31, 2022 | 73.14% |
| Sep 30, 2022 | 73.41% |
| Jun 30, 2022 | 72.70% |
| Mar 31, 2022 | 73.72% |
| Dec 31, 2021 | 72.41% |
| Sep 30, 2021 | 71.37% |
| Jun 30, 2021 | 71.43% |
| Mar 31, 2021 | 72.27% |
| Dec 31, 2020 | 29.78% |
| Sep 30, 2020 | 72.12% |
| Jun 30, 2020 | 69.38% |
| Mar 31, 2020 | 71.97% |
| Dec 31, 2019 | 72.96% |
| Sep 30, 2019 | 72.47% |
| Jun 30, 2019 | 71.82% |
| Mar 31, 2019 | 55.82% |
API Access
Millicom International Cellular Gross 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=gross-margin&ticker=TIGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();