profit from every $100 of sales.
$0$100
Millicom International Cellular
$79.33-1.86% today
+57.4% in 1 year
1-year low $50.131-year high $104.31
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $10.11 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Millicom International Cellular sold, what it kept, and what it did with the cash.
Sales went from $5.62 billion in 2022 to $5.82 billion in 2025, with $1.32 billion of profit last year.
SalesProfit
Millicom International Cellular handed back 95% of the cash it generated last year.
$754M
Free cash flow 2025$920M
Bought back its own shares$119M
Paid as dividends$754M
Cash vs. debt$1.6B vs. $9.5B
Millicom International Cellular vs. similar companies
Millicom International Cellular grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Millicom International Cellular | 10.1× · Cheap | ||
 Charter Communications | 5.0× · Cheap | ||
 Telefónica | No profit yet | ||
 BCE | 4.4× · Cheap | ||
 Rogers Communications | 3.7× · Cheap |
AI analysis
An AI analyst reads Millicom International Cellular's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 5,624 | 5,661 | 5,804 | 5,819 | |
| 4,118 | 4,152 | 4,384 | 4,507 | |
| 885 | 779 | 1,272 | 1,503 | |
| 2,160 | 2,107 | 2,358 | 3,534 | |
| 177 | -82 | 253 | 1,316 | |
| 1.27 | 0.48 | 1.46 | 7.83 | |
| 73.2% | 73.3% | 75.5% | 77.5% | |
| 15.7% | 13.8% | 21.9% | 25.8% | |
| 3.1% | -1.4% | 4.4% | 22.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 14,198 | 14,516 | 13,737 | 17,253 |
| Cash | 1,039 | 775 | 699 | 1,552 |
| Total debt | 7,820 | 7,740 | 6,769 | 9,471 |
| Total liabilities | 10,564 | 11,071 | 10,163 | 13,633 |
| 3,605 | 3,529 | 3,628 | 3,640 | |
| 140 | 171 | 173 | 168 | |
| 5.5% | 5.4% | 8.5% | 13.6% | |
| 4.9% | -2.3% | 7.0% | 36.2% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,284 | 1,223 | 1,603 | 1,734 | |
| 1,072 | 1,183 | 769 | 814 | |
| 212 | 40 | 834 | 920 | |
| Dividends paid | 0 | 0 | 0 | 754 |
| 0 | 5 | 99 | 119 | |
| 29 | 52 | 50 | 14 |
Valuation
- 10.1×
- 15.5×
- 0.12
- 4.5×
- 2.3×
- 14.5×
- 6.0×
- 6.9%
- 9.9%
- 6.5%
Profitability
- 77.5%
- 25.8%
- 22.6%
- 54.8%
- 7.4%
- 3.5%
- 36.1%
- 5.9%
- 10.2%
- –
Growth
- +1.1%
- +83.4%
- +4.8%
- –
- +0.7%
Financial health
- 3.0×
- 3.74
- 56.5%
- 2.7×
- 0.61
- 0.58
- 0.31
How it ranks in Communication Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 48%of 436
Top 16%of 438
Top 17%of 347
Bottom 28%of 440
Top 44%of 440
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 12, 2026 | 0.97 | 0.89 | +9.0% |
| Feb 26, 2026 | 1.50 | 1.05 | +42.9% |
| Nov 6, 2025 | 0.34 | 0.63 | −46.2% |
| Aug 7, 2025 | 0.51 | 0.54 | −5.6% |
| May 8, 2025 | 1.14 | 0.91 | +25.3% |
| Feb 27, 2025 | 0.20 | 0.78 | −74.4% |
| Nov 7, 2024 | 0.30 | 0.68 | −55.9% |
| Aug 2, 2024 | 0.46 | 0.51 | −9.8% |
6.5%of the share price, paid each year
On $1,000 invested$65a year at today's yield, before tax
–per share
Raised1 yearin a row, in our data
Paid per share, each year
$2.64 in 2015 → $4.50 in 2025
How safe it looks
57.3% of its profit
Room to growStretchedMore than it earns: 82.0%
News
UBS Lifted Millicom (TIGO) to Buy on New Evidence, Here’s What Boosted Its ConfidenceYahoo Finance · Nov 11, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
50No pass
Benjamin Graham
30No pass
Philip Fisher
74Pass
Peter Lynch
78Pass
Joel Greenblatt
50No pass
Charlie Munger
50No pass
Terry Smith
48No pass
Questions about Millicom International Cellular
Is Millicom International Cellular a good stock to buy?
A strong, very profitable business, and the price looks low. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Millicom International Cellular AI analysis
What does Millicom International Cellular do?
Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. It is in Telecommunications Services, based in Luxembourg, Luxembourg, with 14,250 employees.
Does Millicom International Cellular pay a dividend?
Yes. At today's price the dividend is 6.5% a year, about 57% of its yearly profit. In 2025 it paid out $754 million in dividends.
Is Millicom International Cellular stock halal?
No. Millicom International Cellular does not pass our halal screen: its debt is 71% of its market value, at or above the 33% limit. How we check
How has Millicom International Cellular stock done over the past year?
Up 57.4% over the past twelve months, to $79.33. It traded between $50.13 and $104.31 and is 23.9% below its high.
Who are Millicom International Cellular's competitors?
The largest listed companies in the same industry are Charter Communications, Telefónica, BCE and Rogers Communications. The peers table on this page compares their profit, growth and price with Millicom International Cellular's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.