Millicom International Cellular (TIGO) Invested Capital (2009 - 2026)
Millicom International Cellular's (TIGO) quarterly Invested Capital came in at $7.4 billion in Q1 2026, up 34.0% YoY from $5.5 billion in Q1 2025, and up 7.36% on a QoQ basis from $6.9 billion in Q4 2025.
Millicom International Cellular (TIGO) Invested Capital (2009 - 2026) Analysis & Trends
Millicom International Cellular (TIGO) has 14 years of Invested Capital data on file, last reported at $7.4 billion in Q1 2026.
- Quarterly Invested Capital rose 34.0% year-over-year to $7.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $25.7 billion (up 9.46% YoY) and the FY2025 annual result came in at $6.9 billion, up 18.42% from the prior year.
- Invested Capital climbed to $7.4 billion in Q1 2026, from $6.9 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $7.4 billion in Q1 2026 to a low of $5.5 billion in Q1 2025.
- A 5-year average of $6.4 billion and a median of $6.5 billion in 2023 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2022 — Invested Capital soared 12321.4% — and 2024, when it dropped 13.17%.
- Tracing TIGO's Invested Capital over 5 years: stood at $6.8 billion in 2022, then dropped by 1.57% to $6.7 billion in 2023, then decreased by 13.17% to $5.8 billion in 2024, then advanced by 18.42% to $6.9 billion in 2025, then increased by 7.36% to $7.4 billion in 2026.
- The last three Invested Capital figures came in at $7.4 billion (Q1 2026), $6.9 billion (Q4 2025), and $5.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 385.00 Mn |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 6.12 Bn |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | - |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 9.32 Bn |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 110.70 Mn |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | 1.45 Bn |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | 3.08 Bn |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | 3.51 Bn |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | - |
| 10 | Millicom International Cellular | 15.70 Bn | 14.71 Bn | - | 7.65 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.39 Bn |
| Dec 31, 2025 | 6.89 Bn |
| Sep 30, 2025 | 5.82 Bn |
| Jun 30, 2025 | 5.56 Bn |
| Mar 31, 2025 | 5.52 Bn |
| Dec 31, 2024 | 5.82 Bn |
| Sep 30, 2024 | 5.93 Bn |
| Jun 30, 2024 | 6.18 Bn |
| Mar 31, 2024 | 6.09 Bn |
| Dec 31, 2023 | 6.70 Bn |
| Sep 30, 2023 | 6.49 Bn |
| Jun 30, 2023 | 6.51 Bn |
| Mar 31, 2023 | 6.67 Bn |
| Dec 31, 2022 | 6.80 Bn |
| Sep 30, 2022 | 6.74 Bn |
| Jun 30, 2022 | 6.73 Bn |
| Mar 31, 2022 | 6.88 Bn |
| Dec 31, 2021 | 7.74 Bn |
| Sep 30, 2021 | 54.23 Mn |
| Dec 31, 2020 | 5.69 Bn |