Millicom International Cellular (TIGO) Retained Earnings (2009 - 2026)
Millicom International Cellular (TIGO) reported Retained Earnings of $2.05 billion for Q2 2026, down 6.5% from $2.19 billion a year earlier and down 26.3% from the prior quarter.
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Analysis
Millicom International Cellular (TIGO) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Millicom International Cellular posted Retained Earnings of $1.78 billion, down 32.5% from FY2024.
- Retained Earnings has a five-year compound annual growth rate of 30.3% (FY2020 to FY2025).
- By year, Retained Earnings came in at $2.63 billion in FY2024 (-5.6%), $2.79 billion in FY2023 (+3.5%), $2.69 billion in FY2022 (+33.3%) and $2.02 billion in FY2021 (+327.9%).
- Five-year quarterly Retained Earnings spans a low of $1.77 billion in Q3 2025 and a high of $2.87 billion in Q3 2023.
- Year over year, Retained Earnings gained in two of the last eight quarters, with an average decline of 12.6%.
- The high point for year-over-year Retained Earnings in five years was Q4 2021 (growth of 327.9%); the low point was Q3 2025 (a decline of 36.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.78 billion (Q1 2026), $1.78 billion (Q4 2025) and $1.77 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.25 Bn | 148.37 Bn | 27.03 Bn | 97.73 Bn |
| 2 | T-Mobile US | 158.63 Bn | 143.38 Bn | 14.76 Bn | 24.69 Bn |
| 3 | Grupo Televisa, S.A.B | 147.96 Bn | 139.70 Bn | 318.12 Mn | 5.86 Bn |
| 4 | At&T | 143.36 Bn | 84.83 Bn | 26.22 Bn | 19.27 Bn |
| 5 | Comcast | 80.87 Bn | 46.67 Bn | - | 62.54 Bn |
| 6 | Vodafone Group Public | 37.85 Bn | 7.25 Bn | - | -145.01 Bn |
| 7 | Chunghwa Telecom | 37.61 Bn | 29.62 Bn | 728.80 Mn | 17.37 Bn |
| 8 | EchoStar | 25.86 Bn | 16.95 Bn | 1.65 Bn | 5.44 Bn |
| 9 | Telefonica Brasil | 20.93 Bn | 14.95 Bn | 1.42 Bn | - |
| 10 | Millicom International Cellular | 13.16 Bn | 7.91 Bn | - | 2.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.05 Bn |
| Mar 31, 2026 | 2.78 Bn |
| Dec 31, 2025 | 1.78 Bn |
| Sep 30, 2025 | 1.77 Bn |
| Jun 30, 2025 | 2.19 Bn |
| Mar 31, 2025 | 2.76 Bn |
| Dec 31, 2024 | 2.63 Bn |
| Sep 30, 2024 | 2.80 Bn |
| Jun 30, 2024 | 2.72 Bn |
| Mar 31, 2024 | 2.73 Bn |
| Dec 31, 2023 | 2.79 Bn |
| Sep 30, 2023 | 2.87 Bn |
| Jun 30, 2023 | 2.87 Bn |
| Mar 31, 2023 | 2.87 Bn |
| Dec 31, 2022 | 2.69 Bn |
| Sep 30, 2022 | 2.69 Bn |
| Jun 30, 2022 | 2.69 Bn |
| Mar 31, 2022 | 2.61 Bn |
| Dec 31, 2021 | 2.02 Bn |
| Sep 30, 2021 | 2.02 Bn |
API Access
Millicom International Cellular Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=TIGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "TIGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();