GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
M

Millicom International Cellular TIGO · USD

Communication Services · US listing · 🇺🇸 United States

Compare

86.76

+4.23%

Close of 9 Nov 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$5.82bn

FY2016FY2025

Net income

$1.32bn

FY2016FY2025

Free cash flow

$1.18bn

FY2016FY2025

Shareholders' equity

$3.64bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$5.82bn$5.80bn$5.66bn$5.62bn$4.26bn$4.17bn$4.34bn$3.95bn$4.08bn$4.11bn
Operating income$2.31bn$1.22bn$773.0m$915.0m$912.0m$240.0m$430.0m$410.0m$436.0m$374.0m
Net income$1.32bn$253.0m−$82.0m$57.0m$590.0m−$344.0m$75.0m$19.0m$47.0m−$45.0m
Diluted earnings per share7.831.46-0.480.333.59-2.670.580.150.37-0.35

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$17.25bn$13.74bn$14.52bn$14.20bn$15.14bn$12.42bn$12.89bn$10.31bn$9.46bn$9.63bn
Cash and short-term investments$1.60bn$699.0m$775.0m$1.04bn$895.0m$1.03bn$1.53bn$528.0m$619.0m$646.0m
Total liabilities$13.63bn$10.16bn$11.07bn$10.56bn$12.40bn$10.15bn$10.21bn$7.52bn$6.18bn$6.26bn
Debt$7.18bn$6.77bn$7.74bn$7.82bn$8.91bn$6.71bn$7.07bn$4.58bn$3.79bn$3.90bn
Shareholders' equity$3.64bn$3.63bn$3.53bn$3.60bn$2.58bn$2.06bn$2.41bn$2.54bn$3.28bn$3.17bn
Shares outstanding168m173m172m171m164m129m129m128m128m128m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$1.83bn$1.67bn$1.22bn$1.28bn$956.0m$821.0m$801.0m$792.0m$820.0m$878.0m
Capital spending−$650.0m−$540.0m−$1.18bn−$1.07bn−$908.0m−$824.0m−$907.0m−$780.0m−$783.0m−$862.0m
Free cash flow$1.18bn$1.13bn$40.0m$212.0m$48.0m−$3.0m−$106.0m$12.0m$37.0m$16.0m
Dividends paid−$754.0m—−$251.0m——−$135.0m−$268.0m−$266.0m−$265.0m−$265.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$2.18bn$1.99bn$1.65bn$1.42bn$1.37bn$1.37bn$1.43bn$1.43bn
Operating income$490.0m$389.0m$469.0m$390.0m$357.0m$338.0m$373.0m$286.0m
Net income$109.0m$109.0m$252.0m$195.0m$676.0m$193.0m$31.0m$51.0m
Diluted earnings per share0.650.651.501.164.021.150.180.30
Cash from operations$723.0m$618.0m$477.0m$507.0m$494.0m$364.0m$454.0m$433.0m
Capital spending−$259.0m−$169.0m−$186.0m−$168.0m−$184.0m−$132.0m−$168.0m−$149.0m
Free cash flow$464.0m$449.0m$291.0m$339.0m$310.0m$232.0m$286.0m$284.0m
Total assets$20.68bn$20.75bn$17.25bn$15.59bn$15.00bn$13.66bn$13.74bn$14.07bn
Cash and short-term investments$891.0m$1.22bn$1.60bn$1.71bn$1.28bn$534.0m$699.0m$803.0m
Debt$9.09bn$8.95bn$7.18bn$6.47bn$6.11bn$5.93bn$5.97bn$6.36bn
Shareholders' equity$2.46bn$3.14bn$3.64bn$3.34bn$3.54bn$3.39bn$3.63bn$3.81bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue1.1%6.9%-1.2%
Operating income36.2%57.3%10.1%
Net income184.7%——

Average margins

Over each period

1 year3 years5 years10 years
Operating margin30.4%22.8%20.3%16.4%
Net margin13.5%6.7%5.7%2.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Price to earnings7.117.1-37.738.07.9-14.582.8
Price to sales1.60.70.60.41.11.21.4

Share price return

Finished calendar years

2025202420232022202120202019
Return119%36%39%-51%-34%-19%-26%

Dividends and splits

Per share, in the currency the company pays

Paid for 1 years. Last went ex-dividend on 8 Oct 2026.

FY2026FY2025FY2024FY2019FY2018FY2017FY2016FY2015
Paid in the year3.003.751.002.642.642.642.642.64
  • 4-for-1 split · 23 Feb 2004

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.