Millicom International Cellular (TIGO) Net Margin (2009 - 2026)
Millicom International Cellular (TIGO) posted Net Margin of 5.49% for Q1 2026, down 64.0% on a QoQ basis from 15.25% in Q4 2025, and down 1052.0% year-over-year from 0.58% in Q1 2025.
Millicom International Cellular (TIGO) Net Margin (2009 - 2026) Analysis & Trends
Millicom International Cellular's Net Margin history runs 14 years deep, the most recent figure standing at 5.49% for Q1 2026.
- Quarterly Net Margin fell 1052.0% year-over-year to 5.49% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 35.68% (up 3007.0% YoY) and the FY2025 annual result came in at 22.62%, up 1800.0% from the prior year.
- Net Margin was 5.49% for Q1 2026 at Millicom International Cellular, down from 15.25% in the prior quarter.
- Across five years, Net Margin topped out at 74.93% in Q3 2025 and bottomed at 3.75% in Q4 2023.
- A 5-year average of 11.22% and a median of 3.98% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin plunged 1938 bps — and 2025, when it jumped 7095 bps.
- Millicom International Cellular's Net Margin stood at 1.34% in 2022, then plunged by 379 bps to 3.75% in 2023, then surged by 145 bps to 1.7% in 2024, then soared by 798 bps to 15.25% in 2025, then tumbled by 64 bps to 5.49% in 2026.
- Business Quant data shows TIGO's Net Margin at 5.49% in Q1 2026, 15.25% in Q4 2025, and 74.93% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 25.73% |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | 0.00% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 17.68% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 14.94% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 14.43% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 14.55% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | 8.24% |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | 6.28% |
| 10 | Millicom International Cellular | 15.93 Bn | 14.66 Bn | - | 5.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.49% |
| Dec 31, 2025 | 15.25% |
| Sep 30, 2025 | 74.93% |
| Jun 30, 2025 | 63.34% |
| Mar 31, 2025 | 16.01% |
| Dec 31, 2024 | 1.70% |
| Sep 30, 2024 | 3.98% |
| Jun 30, 2024 | 5.35% |
| Mar 31, 2024 | 5.51% |
| Dec 31, 2023 | -3.75% |
| Sep 30, 2023 | -1.40% |
| Jun 30, 2023 | -1.58% |
| Mar 31, 2023 | -1.46% |
| Dec 31, 2022 | 1.34% |
| Sep 30, 2022 | -3.39% |
| Jun 30, 2022 | 7.67% |
| Mar 31, 2022 | 1.70% |
| Dec 31, 2021 | 20.73% |
| Sep 30, 2021 | 0.50% |
| Jun 30, 2021 | -10.79% |