Millicom International Cellular (TIGO) Tax Rate (2009 - 2026)
Millicom International Cellular's (TIGO) quarterly Tax Rate came in at 50.98% in Q2 2026, down 3790.0% on a YoY basis from 1.38% in Q2 2025, and down 0.65% quarter-over-quarter from 50.65% in Q1 2026.
Analysis
Millicom International Cellular (TIGO) Tax Rate (2009 - 2026) Analysis & Trends
Millicom International Cellular (TIGO) has reported Tax Rate for 14 consecutive years, with 50.98% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 3790.0% year-over-year to 50.98%; the trailing twelve-month figure through Jun 2026 stood at 25.73% (up 16.0% YoY), and the FY2025 full-year result was 3.36%, up 3307.0% from the prior year.
- Tax Rate retreated to 50.98% in Q2 2026 per TIGO's latest filing, from 50.65% in the prior quarter.
- Across five years, Tax Rate topped out at 13.08% in Q2 2025 and bottomed at 1325.0% in Q3 2022.
- Historically, Tax Rate has averaged 154.07% across 5 years, with a median of 52.32% in 2026.
- The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 318161 bps in 2022, then soared 115556 bps in 2023.
- Over 5 years, Tax Rate stood at 114.94% in 2022, then tumbled by 78 bps to 204.59% in 2023, then jumped by 77 bps to 47.9% in 2024, then soared by 66 bps to 16.24% in 2025, then slumped by 214 bps to 50.98% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 50.98%, 50.65%, and 16.24% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 210.23 Bn | 209.76 Bn | 27.03 Bn | 25.12% |
| 2 | T-Mobile US | 195.97 Bn | 193.15 Bn | 17.74 Bn | 25.16% |
| 3 | At&T | 178.50 Bn | 176.92 Bn | 25.25 Bn | 13.47% |
| 4 | Chunghwa Telecom | 34.81 Bn | 32.72 Bn | 728.80 Mn | 19.26% |
| 5 | Bce | 21.79 Bn | 21.68 Bn | - | - |
| 6 | Rogers Communications | 19.56 Bn | 22.86 Bn | 1.77 Bn | -28.63% |
| 7 | Telefonica Brasil | 18.93 Bn | 17.25 Bn | 1.42 Bn | -16.79% |
| 8 | Millicom International Cellular | 16.34 Bn | 15.39 Bn | - | -50.98% |
| 9 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.80 Bn | -40,057.20 Bn | - | - |
| 10 | Telus | 14.09 Bn | 13.57 Bn | - | 8.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -50.98% |
| Mar 31, 2026 | -50.65% |
| Dec 31, 2025 | -16.24% |
| Sep 30, 2025 | -29.41% |
| Jun 30, 2025 | -13.08% |
| Mar 31, 2025 | -24.74% |
| Dec 31, 2024 | -47.90% |
| Sep 30, 2024 | -53.66% |
| Jun 30, 2024 | -50.00% |
| Mar 31, 2024 | -46.41% |
| Dec 31, 2023 | -204.59% |
| Sep 30, 2023 | -169.44% |
| Jun 30, 2023 | -245.45% |
| Mar 31, 2023 | -151.28% |
| Dec 31, 2022 | -114.94% |
| Sep 30, 2022 | -1,325.00% |
| Jun 30, 2022 | -109.86% |
| Mar 31, 2022 | -69.70% |
| Dec 31, 2021 | 3,066.67% |
| Sep 30, 2021 | -34.29% |