# Millicom International Cellular Sa (TIGO)

Source page: https://stoqly.net/companies/tigo

- **Ticker:** TIGO (Nasdaq)
- **Sector:** Communication Services / Radiotelephone Communications
- **SEC CIK:** 0000912958
- **Latest annual report:** 20-F filed 2026-03-24 (https://www.sec.gov/Archives/edgar/data/912958/000162828026020831/tigo-20251231.htm)
- **Data updated:** 2026-11-01

## Key figures

- **Last close:** $79.57 on 2026-10-30
- **Market cap:** $13.4B
- **P/E (trailing):** 10.2x
- **EPS, trailing 12 months:** $7.83
- **Revenue (FY2025):** $5.8B
- **Revenue growth:** +0.3%
- **Revenue growth, 5-year CAGR:** +8.9%
- **Gross margin:** 77.5%
- **Operating margin:** 28.2%
- **Net margin:** 22.6%
- **Free cash flow:** $1.1B
- **Free cash flow margin:** 18.6%
- **Return on invested capital:** 14.9%
- **Return on equity:** 36.2%
- **Net debt:** $5.3B
- **Net debt / EBITDA:** 1.8x
- **Change in share count:** −2.6%
- **Piotroski F-score:** 7/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/tigo/figures.csv

| US$ millions | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 4,043 | 3,936 | 3,946 | 4,336 | 3,805 | 4,261 | 5,624 | 5,661 | 5,804 | 5,819 |
| Operating income | 490 | 632 | 640 | 575 | 402 | 619 | 915 | 826 | 1,342 | 1,639 |
| Net income | -32 | 87 | -10 | 149 | -344 | 590 | 177 | -82 | 253 | 1,316 |
| Diluted EPS (US$) | -0.32 | 0.86 | -0.10 | 1.48 | -2.67 | 4.57 | 1.27 | -0.48 | 1.46 | 7.83 |
| Operating cash flow | 878 | 820 | 792 | 801 | 821 | 956 | 1,284 | 1,223 | 1,603 | 1,734 |
| Free cash flow | 159 | 170 | 160 | 65 | 199 | 216 | 484 | 409 | 1,063 | 1,084 |
| Cash | 646 | 619 | 528 | 1,164 | 875 | 895 | 1,039 | 775 | 699 | 1,552 |
| Debt and leases | — | 3,785 | 4,580 | 5,972 | 5,691 | 7,744 | 6,804 | 6,697 | 5,815 | 6,886 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.