Millicom 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) Return on equity
Millicom International Cellular SA's return on equity over the twelve months to 30 June 2026 was 22.2%, down 14.4 percentage points from fiscal 2025 (36.6%). Over the past ten years it has ranged from −15.0% (fiscal 2015) to 36.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Telecom Services industry median of 6.00% and above the Communication Services sector median of 0.00%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 36.6% | 29.37 |
| FY2024 | 7.21% | 9.53 |
| FY2023 | −2.32% | (7.87) |
| FY2022 | 5.55% | (17.98) |
| FY2021 | 23.5% | 37.42 |
| FY2020 | −13.9% | (19.34) |
| FY2019 | 5.45% | 5.78 |
| FY2018 | −0.33% | (2.92) |
| FY2017 | 2.59% | 3.49 |
| FY2016 | −0.90% | 14.09 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| CHTR Charter Communications, Inc. compare | 23.3% |
| TIGO Millicom International Cellular SA | 22.2% |
| TIMB TIM S.A. Sponsored ADR compare | 17.3% |
| VIV Telefonica Brasil S.A. compare | 9.89% |
| KT KT Corporation compare | 6.53% |
| SKM SK Telecom Co., Ltd. compare | 5.30% |
| TLK PT Telekomunikasi Indonesia, Tbk compare | 0.00% |
| TELFY Telefonica SA compare | −17.3% |
| GSAT Globalstar, Inc. compare | −25.5% |
| Telecom Services industry median | 6.00% |
| Communication Services sector median | 0.00% |
| Market median | 0.51% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on TIGO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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 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