stockrowMillicom International Cellular SA
TIGO Communication Services Telecom Services
Millicom International Cellular SA’s revenue for fiscal 2025 (year ended December 2025) was $5.8 billion, roughly unchanged from fiscal 2024.
- Revenue
- +59.4%
- EPS
- −84.0%
- Free cash flow
- +66.1%
- Total debt
- +47.9%
Quarter to June 2026, against a year earlier
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Millicom International Cellular SA (TIGO) Operating margin
Millicom International Cellular SA's operating margin over the twelve months to 30 June 2026 was 24.0%, down 4.2 percentage points from fiscal 2025 (28.2%). Over the past ten years it has ranged from 10.7% (fiscal 2020) to 28.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Telecom Services industry median of 9.22% and above the Communication Services sector median of 0.94%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 28.2% | 5.06 |
| FY2024 | 23.1% | 8.55 |
| FY2023 | 14.6% | (1.68) |
| FY2022 | 16.3% | 1.72 |
| FY2021 | 14.5% | 3.84 |
| FY2020 | 10.7% | (2.59) |
| FY2019 | 13.3% | (2.94) |
| FY2018 | 16.2% | 3.83 |
| FY2017 | 12.4% | 0.67 |
| FY2016 | 11.7% | (1.12) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 21.2% | 0.34 |
| Mar 2026 | 20.9% | (7.69) |
| Dec 2025 | 28.6% | 1.09 |
| Sep 2025 | 27.5% | 1.56 |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| TLK PT Telekomunikasi Indonesia, Tbk compare | 28.1% |
| TIMB TIM S.A. Sponsored ADR compare | 24.4% |
| TIGO Millicom International Cellular SA | 24.0% |
| CHTR Charter Communications, Inc. compare | 23.3% |
| VIV Telefonica Brasil S.A. compare | 17.0% |
| SKM SK Telecom Co., Ltd. compare | 7.24% |
| KT KT Corporation compare | 7.05% |
| GSAT Globalstar, Inc. compare | 3.83% |
| TELFY Telefonica SA compare | 3.78% |
| Telecom Services industry median | 9.22% |
| Communication Services sector median | 0.94% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on TIGO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement