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.
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Analysis
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 Set
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
Download Data
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% |
API Access
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_KEYimport 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();