Millicom International Cellular (TIGO) Net Margin (2009 - 2026)
Millicom International Cellular's (TIGO) quarterly Net Margin came in at 5.0% in Q2 2026, down 4445.0% on a YoY basis from 0.12% in Q2 2025, and down 8.9% quarter-over-quarter from 5.49% in Q1 2026.
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Millicom International Cellular (TIGO) Net Margin (2009 - 2026) Analysis & Trends
Millicom International Cellular (TIGO) has reported Net Margin for 14 consecutive years, with 5.0% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 4445.0% year-over-year to 5.0%; the trailing twelve-month figure through Jun 2026 stood at 15.41% (up 8.0% YoY), and the FY2025 full-year result was 20.35%, up 3221.0% from the prior year.
- Net Margin declined to 5.0% in Q2 2026 per TIGO's latest filing, from 5.49% in the prior quarter.
- Across five years, Net Margin topped out at 49.45% in Q2 2025 and bottomed at 2.31% in Q3 2022.
- Historically, Net Margin has averaged 8.66% across 5 years, with a median of 5.35% in 2024.
- The sharpest annual moves came in 2025 and 2026: Net Margin surged 4410 bps in 2025, then sank 4445 bps in 2026.
- Over 5 years, Net Margin stood at 1.34% in 2022, then plunged by 212 bps to 1.51% in 2023, then jumped by 484 bps to 5.77% in 2024, then jumped by 450 bps to 31.77% in 2025, then plunged by 84 bps to 5.0% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 5.0%, 5.49%, and 31.77% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 210.23 Bn | 209.76 Bn | 27.03 Bn | 11.53% |
| 2 | T-Mobile US | 195.97 Bn | 193.15 Bn | 17.74 Bn | 14.43% |
| 3 | At&T | 178.50 Bn | 176.92 Bn | 25.25 Bn | 14.55% |
| 4 | Chunghwa Telecom | 34.81 Bn | 32.72 Bn | 728.80 Mn | 18.36% |
| 5 | Bce | 21.79 Bn | 21.68 Bn | - | 9.03% |
| 6 | Rogers Communications | 19.56 Bn | 22.86 Bn | 1.77 Bn | -12.93% |
| 7 | Telefonica Brasil | 18.93 Bn | 17.25 Bn | 1.42 Bn | 9.98% |
| 8 | Millicom International Cellular | 16.34 Bn | 15.39 Bn | - | 5.00% |
| 9 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.80 Bn | -40,057.20 Bn | - | - |
| 10 | Telus | 14.09 Bn | 13.57 Bn | - | -18.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.00% |
| Mar 31, 2026 | 5.49% |
| Dec 31, 2025 | 31.77% |
| Sep 30, 2025 | 13.73% |
| Jun 30, 2025 | 49.45% |
| Mar 31, 2025 | 14.11% |
| Dec 31, 2024 | 5.77% |
| Sep 30, 2024 | 3.56% |
| Jun 30, 2024 | 5.35% |
| Mar 31, 2024 | 6.19% |
| Dec 31, 2023 | -1.51% |
| Jun 30, 2023 | -1.58% |
| Mar 31, 2023 | 0.22% |
| Dec 31, 2022 | 1.34% |
| Sep 30, 2022 | -2.31% |
| Jun 30, 2022 | 8.91% |
| Mar 31, 2022 | 1.63% |
| Dec 31, 2021 | 21.39% |
| Sep 30, 2021 | 0.50% |
| Jun 30, 2021 | -9.99% |