Millicom International Cellular (TIGO) Net Margin (2009 - 2026)
Millicom International Cellular (TIGO) reported Net Margin of 5.49% for Q1 2026, down 862.0% on a YoY basis from 0.72% in Q1 2025, and down 64.0% quarter-over-quarter from 15.25% in Q4 2025.
Millicom International Cellular (TIGO) Net Margin (2009 - 2026) Analysis & Trends
Millicom International Cellular has reported Net Margin for 13 years, with the latest figure at 5.49% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 862.0% year-over-year to 5.49%; the trailing twelve-month figure through Mar 2026 stood at 19.16% (up 1295.0% YoY), and the FY2025 full-year result was 22.62%, up 1826.0% from the prior year.
- Net Margin for Q1 2026 stood at 5.49%, down from 15.25% in the prior quarter.
- The five-year high for Net Margin was 49.27% in Q2 2025, with the low at 4.27% in Q4 2023.
- Historically, Net Margin has averaged 7.62% across 5 years, with a median of 4.74% in 2022.
- Annual changes were most pronounced in 2022 — Net Margin slumped 4715 bps — and 2025, when it jumped 4392 bps.
- Millicom International Cellular's Net Margin stood at 4.13% in 2022, then sank by 203 bps to 4.27% in 2023, then surged by 151 bps to 2.17% in 2024, then soared by 603 bps to 15.25% in 2025, then sank by 64 bps to 5.49% in 2026.
- The last three Net Margin figures came in at 5.49% (Q1 2026), 15.25% (Q4 2025), and 13.73% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | 9.99% |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 10.84% |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 14.94% |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 12.04% |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 8.16% |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 16.57% |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 0.00% |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | 5.49% |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | 8.24% |
| 10 | EchoStar | 33.61 Bn | 33.48 Bn | 3.13 Bn | -4.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.49% |
| Dec 31, 2025 | 15.25% |
| Sep 30, 2025 | 13.73% |
| Jun 30, 2025 | 49.27% |
| Mar 31, 2025 | 14.11% |
| Dec 31, 2024 | 2.17% |
| Sep 30, 2024 | 3.56% |
| Jun 30, 2024 | 5.35% |
| Mar 31, 2024 | 6.19% |
| Dec 31, 2023 | -4.27% |
| Jun 30, 2023 | -1.58% |
| Mar 31, 2023 | 0.22% |
| Dec 31, 2022 | 4.13% |
| Sep 30, 2022 | -2.31% |
| Jun 30, 2022 | 8.91% |
| Mar 31, 2022 | 1.63% |
| Dec 31, 2021 | 51.28% |
| Sep 30, 2021 | 0.50% |
| Jun 30, 2021 | -9.99% |
| Mar 31, 2021 | 4.20% |