Millicom International Cellular (TIGO) Return on Capital Employed (2009 - 2026)

Millicom International Cellular has reported Return on Capital Employed for 12 years, with the latest figure at 11.68% in Q1 2026.

• For the quarter ending Q1 2026, Return on Capital Employed fell 93.0% year-over-year to 11.68%; the trailing twelve-month figure through Mar 2026 stood at 11.68% (down 93.0% YoY), and the FY2025 full-year result was 13.54%, up 209.0% from the prior year.
• Return on Capital Employed for Q1 2026 stood at 11.68%, down from 12.56% in the prior quarter.
• The five-year high for Return on Capital Employed was 12.9% in Q3 2025, with the low at 5.78% in Q4 2023.
• Historically, Return on Capital Employed has averaged 9.05% across 5 years, with a median of 7.93% in 2024.
• Annual changes were most pronounced in 2022 — Return on Capital Employed slumped 151 bps — and 2024, when it surged 589 bps.
• Millicom International Cellular's Return on Capital Employed stood at 6.56% in 2022, then slipped by 12 bps to 5.78% in 2023, then surged by 102 bps to 11.67% in 2024, then gained by 8 bps to 12.56% in 2025, then dropped by 7 bps to 11.68% in 2026.
• The last three Return on Capital Employed figures came in at 11.68% (Q1 2026), 12.56% (Q4 2025), and 12.9% (Q3 2025), per Business Quant data.