Growth Metrics

Millicom International Cellular (TIGO) Gross Margin (2017 - 2023)

Historic Gross Margin for Millicom International Cellular (TIGO) over the last 11 years, with Q4 2023 value amounting to 73.42%.

  • Millicom International Cellular's Gross Margin rose 2900.0% to 73.42% in Q4 2023 from the same period last year, while for Dec 2023 it was 73.38%, marking a year-over-year increase of 1400.0%. This contributed to the annual value of 75.53% for FY2024, which is 21500.0% up from last year.
  • Millicom International Cellular's Gross Margin amounted to 73.42% in Q4 2023, which was up 2900.0% from 74.44% recorded in Q3 2023.
  • In the past 5 years, Millicom International Cellular's Gross Margin registered a high of 74.44% during Q3 2023, and its lowest value of 26.08% during Q4 2020.
  • Moreover, its 5-year median value for Gross Margin was 72.44% (2019), whereas its average is 70.13%.
  • As far as peak fluctuations go, Millicom International Cellular's Gross Margin plummeted by -468800bps in 2020, and later skyrocketed by 463300bps in 2021.
  • Millicom International Cellular's Gross Margin (Quarter) stood at 72.96% in 2019, then crashed by -64bps to 26.08% in 2020, then surged by 178bps to 72.41% in 2021, then rose by 1bps to 73.14% in 2022, then grew by 0bps to 73.42% in 2023.
  • Its Gross Margin stands at 73.42% for Q4 2023, versus 74.44% for Q3 2023 and 72.72% for Q2 2023.