Millicom International Cellular (TIGO) Tax Rate (2009 - 2011)
Millicom International Cellular's Tax Rate came in at -50.98% for Q2 2026, down 37.90 percentage points from -13.08% a year earlier and down 0.33 percentage points from the prior quarter.
Millicom International Cellular (TIGO) Tax Rate (2009 - 2011) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Millicom International Cellular reported Tax Rate of -32.53%, down 9.18 percentage points year-over-year; for FY2025, it was -16.88%, up 60.35 percentage points from FY2024.
- Tax Rate carries a five-year change of -42.32 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -77.23% in FY2024 (-26.33 pp), -50.91% in FY2023 (+68.87 pp), -119.77% in FY2022 (-89.40 pp) and -30.37% in FY2021 (-55.81 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q4 2024.
- Year-over-year, Tax Rate increased in six of the last eight quarters, with an average year-over-year change of +57.28 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2023 (a gain of 1155.56 percentage points), and the weakest in Q3 2022 (a drop of 1290.71 percentage points).
- Business Quant data shows TIGO's Tax Rate at -50.65% (Q1 2026), -14.42% (Q4 2025) and -29.41% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 25.12% |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 25.16% |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 13.47% |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | - |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | 25.89% |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 19.26% |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | 13.56% |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | - |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | 27.21% |
| 10 | Millicom International Cellular | 14.93 Bn | 7.24 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2011 | 22.68% |
| Mar 31, 2010 | 19.34% |
| Dec 31, 2009 | 24.78% |
| Sep 30, 2009 | 29.08% |
| Jun 30, 2009 | 30.15% |
| Mar 31, 2009 | 27.02% |
Millicom International Cellular Tax Rate 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=tax-rate&ticker=TIGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();