Millicom International Cellular S.A. (TIGO) Earnings History
Annual and quarterly earnings data from 1993 to 2024
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TIGO EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
TIGO Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 75.5% | 23.1% | 4.4% |
| 2023 | 38.9% | 13.7% | -1.4% |
| 2022 | 73.2% | 16.3% | 1.0% |
| 2021 | 34.6% | 9.5% | 13.8% |
| 2020 | 31.5% | 5.8% | -8.2% |
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Millicom International Cellular S.A. (TIGO) Earnings Overview
As of May 8, 2026, Millicom International Cellular S.A. (TIGO) reported trailing twelve-month net income of $1.10B, reflecting +407.3% year-over-year growth. The company earned $6.52 per diluted share over the past four quarters, with a net profit margin of 4.4%.
Looking at the long-term picture, TIGO's 5-year EPS compound annual growth rate (CAGR) stands at +20.4%, indicating exceptional earnings growth. The company achieved its highest annual net income of $2.62B in fiscal 2014.
Millicom International Cellular S.A. maintains positive profitability with a gross margin of 75.5%, operating margin of 23.1%, and net margin of 4.4%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including AMX ($82.51B net income, 8.8% margin), TKC ($15.65B net income, 14.1% margin), LILA (-$498M net income, -13.8% margin), TIGO has room to improve margins relative to the peer group. Compare TIGO vs AMX →
TIGO Earnings vs Peers
Earnings metrics vs comparable public companies
TIGO Historical Earnings Data (1993–2024)
32 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $253M | +408.5% | $1.34B | $1.47 | 4.4% | 23.1% |
| 2023 | -$82M | -243.9% | $773M | $-0.48 | -1.4% | 13.7% |
| 2022 | $57M | -90.3% | $915M | $0.41 | 1.0% | 16.3% |
| 2021 | $590M | +271.5% | $404M | $3.59 | 13.8% | 9.5% |
| 2020 | -$344M | -558.7% | $240M | $-2.67 | -8.2% | 5.8% |
| 2019 | $75M | +294.7% | $430M | $0.58 | 1.7% | 9.9% |
| 2018 | $19M | -59.6% | $410M | $0.15 | 0.5% | 10.4% |
| 2017 | $47M | +204.4% | $436M | $0.37 | 1.2% | 10.7% |
| 2016 | -$45M | +91.9% | $381M | $-0.35 | -1.1% | 9.3% |
| 2015 | -$559M | -121.3% | $882M | $-4.38 | -8.5% | 13.4% |
Full TIGO Stock Analysis
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Start ComparisonTIGO — Frequently Asked Questions
Quick answers to the most common questions about buying TIGO stock.
Is TIGO growing earnings?
TIGO EPS is $6.52, with earnings growth accelerating to +407.3%. This exceeds the 5-year CAGR of +20.4%. TTM net income reached $1.1B.
What are TIGO's profit margins?
Millicom International Cellular S.A. net margin is +4.4%, with operating margin at +23.1%. Below-average margins reflect competitive or cost pressures.
How consistent are TIGO's earnings?
TIGO earnings data spans 1993-2024. The accelerating earnings trend is +407.3% YoY. Historical data enables comparison across business cycles.