Millicom International Cellular (TIGO) Return on Sales [ROS] (2009 - 2026)
Millicom International Cellular's Return on Sales [ROS] was 21.20% in Q2 2026, down 4.69 percentage points from 25.90% a year earlier but up 0.25 percentage points from the prior quarter.
Millicom International Cellular (TIGO) Return on Sales [ROS] (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Millicom International Cellular's Return on Sales [ROS] was 24.00% through Jun 30, 2026, down 1.88 percentage points year-over-year; for FY2025, it came in at 25.34%, down 20.22 percentage points from FY2024.
- Return on Sales [ROS] shows a five-year change of +17.60 percentage points (FY2020 to FY2025).
- In earlier years, Return on Sales [ROS] was 45.57% in FY2024 (+25.84 pp), 19.73% in FY2023 (-1.83 pp), 21.56% in FY2022 (+0.97 pp) and 20.59% in FY2021 (+12.85 pp).
- Quarterly Return on Sales [ROS] has moved between 13.88% (Q1 2023) and 149.10% (Q4 2022) over five years.
- Compared with a year earlier, Return on Sales [ROS] was higher in six of the last eight quarters, with an average year-over-year change of +2.80 percentage points.
- The best year-over-year quarter for Return on Sales [ROS] over five years was Q4 2024 (a gain of 10.66 percentage points); the worst was Q4 2023 (a drop of 133.65 percentage points).
- Per Business Quant data, TIGO's Return on Sales [ROS] in the three quarters before Q2 2026 was 20.96% (Q1 2026), 28.39% (Q4 2025) and 27.46% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.43 Bn | 149.83 Bn | 27.03 Bn | 20.96% |
| 2 | T-Mobile US | 157.50 Bn | 142.25 Bn | 14.76 Bn | 24.09% |
| 3 | Grupo Televisa, S.A.B | 146.85 Bn | 139.14 Bn | 318.12 Mn | 11.00% |
| 4 | At&T | 140.99 Bn | 98.44 Bn | 26.22 Bn | 12.67% |
| 5 | Comcast | 80.32 Bn | 46.28 Bn | - | 18.16% |
| 6 | Vodafone Group Public | 38.29 Bn | 11.97 Bn | - | - |
| 7 | Chunghwa Telecom | 37.65 Bn | 30.15 Bn | 728.80 Mn | 21.61% |
| 8 | EchoStar | 25.85 Bn | 16.98 Bn | 1.65 Bn | 14.34% |
| 9 | Telefonica Brasil | 20.72 Bn | 14.74 Bn | 1.42 Bn | 16.48% |
| 10 | Millicom International Cellular | 13.24 Bn | 8.02 Bn | - | 21.20% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.20% |
| Mar 31, 2026 | 20.96% |
| Dec 31, 2025 | 28.39% |
| Sep 30, 2025 | 27.46% |
| Jun 30, 2025 | 25.90% |
| Mar 31, 2025 | 30.77% |
| Dec 31, 2024 | 26.12% |
| Sep 30, 2024 | 20.96% |
| Jun 30, 2024 | 23.66% |
| Mar 31, 2024 | 21.79% |
| Dec 31, 2023 | 15.46% |
| Sep 30, 2023 | 14.68% |
| Jun 30, 2023 | 14.21% |
| Mar 31, 2023 | 13.88% |
| Dec 31, 2022 | 17.23% |
| Sep 30, 2022 | 14.12% |
| Jun 30, 2022 | 17.07% |
| Mar 31, 2022 | 16.62% |
| Dec 31, 2021 | 16.19% |
| Sep 30, 2021 | 18.79% |
Millicom International Cellular Return on Sales [ROS] 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=return-on-sales-%5Bros%5D&ticker=TIGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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=return-on-sales-%5Bros%5D&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();