Millicom International Cellular (TIGO) Tax Rate (2019 - 2026)
Millicom International Cellular (TIGO) reported Tax Rate of 50.65% for Q1 2026, down 2591.0% on a YoY basis from 2.03% in Q1 2025, and down 251.17% quarter-over-quarter from 14.42% in Q4 2025.
Millicom International Cellular (TIGO) Tax Rate (2019 - 2026) Analysis & Trends
Millicom International Cellular has reported Tax Rate for 8 years, with the latest figure at 50.65% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 2591.0% year-over-year to 50.65%; the trailing twelve-month figure through Mar 2026 stood at 20.27% (up 2077.0% YoY), and the FY2025 full-year result was 18.2%, down 3271.0% from the prior year.
- Tax Rate for Q1 2026 stood at 50.65%, down from 14.42% in the prior quarter.
- The five-year high for Tax Rate was 13.18% in Q2 2025, with the low at 1325.0% in Q3 2022.
- Historically, Tax Rate has averaged 163.58% across 5 years, with a median of 53.66% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 310104 bps — and 2023, when it surged 115556 bps.
- Millicom International Cellular's Tax Rate stood at 34.38% in 2022, then plunged by 883 bps to 337.88% in 2023, then surged by 84 bps to 55.37% in 2024, then surged by 74 bps to 14.42% in 2025, then tumbled by 251 bps to 50.65% in 2026.
- The last three Tax Rate figures came in at 50.65% (Q1 2026), 14.42% (Q4 2025), and 29.41% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 24.90% |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 24.15% |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 21.84% |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | -21.62% |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | - |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 23.19% |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | -50.65% |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | EchoStar | 33.61 Bn | 33.48 Bn | 3.13 Bn | 12.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -50.65% |
| Mar 31, 2026 | -50.65% |
| Dec 31, 2025 | -14.42% |
| Dec 31, 2025 | -14.42% |
| Sep 30, 2025 | -29.41% |
| Sep 30, 2025 | -29.41% |
| Jun 30, 2025 | -13.18% |
| Jun 30, 2025 | -13.18% |
| Mar 31, 2025 | -24.74% |
| Mar 31, 2025 | -24.74% |
| Dec 31, 2024 | -55.37% |
| Dec 31, 2024 | -55.37% |
| Sep 30, 2024 | -53.66% |
| Sep 30, 2024 | -53.66% |
| Jun 30, 2024 | -50.00% |
| Jun 30, 2024 | -50.00% |
| Mar 31, 2024 | -46.41% |
| Mar 31, 2024 | -46.41% |
| Dec 31, 2023 | -337.88% |
| Dec 31, 2023 | -337.88% |