Millicom International Cellular (Millicom International Cellular) Net Margin % : -4.27% (As of Dec. 2023)

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What is Millicom International Cellular Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Millicom International Cellular's Net Income for the three months ended in Dec. 2023 was $-63 Mil. Millicom International Cellular's Revenue for the three months ended in Dec. 2023 was $1,475 Mil. Therefore, Millicom International Cellular's net margin for the quarter that ended in Dec. 2023 was -4.27%.

The historical rank and industry rank for Millicom International Cellular's Net Margin % or its related term are showing as below:

TIGO' s Net Margin % Range Over the Past 10 Years
Min: -9.04 Med: 0.98 Max: 41.39
Current: -1.45

TIGO's Net Margin % is ranked worse than
72.18% of 381 companies
in the Telecommunication Services industry
Industry Median: 4.13 vs TIGO: -1.45

Millicom International Cellular Net Margin % Historical Data

The historical data trend for Millicom International Cellular's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Millicom International Cellular Net Margin % Chart

Millicom International Cellular Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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3.44

-9.04

13.85

3.15

-1.45

Millicom International Cellular Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															4.13	0.22	-1.58	-	-4.27

Competitive Comparison of Millicom International Cellular's Net Margin %

For the Telecom Services subindustry, Millicom International Cellular's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Millicom International Cellular's Net Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Millicom International Cellular's Net Margin % distribution charts can be found below:

* The bar in red indicates where Millicom International Cellular's Net Margin % falls into.

Millicom International Cellular Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Millicom International Cellular's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-82	/	5661
	=	-1.45 %

Millicom International Cellular's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-63	/	1475
	=	-4.27 %

Millicom International Cellular (NAS:TIGO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Millicom International Cellular Net Margin % Related Terms

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Millicom International Cellular (Millicom International Cellular) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Millicom International Cellular SA (NAS:TIGO) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

TIGO SDB:Sweden TIGOs:UK 0GRK:UK M4M1:Germany M4M1:Germany M4M:Germany

Address

2, Rue du Fort Bourbon, Luxembourg, LUX, L-1249

Website

https://www.millicom.com

Millicom offers wireless and fixed-line telecom services primarily in smaller, less congested markets or in less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), Costa Rica (100%) and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's fixed-line networks reach nearly 13 million homes while its wireless networks cover about 120 million people. Increasingly, Millicom offers a converged package that may include fixed-line phone, broadband, and pay television in conjunction with wireless services. The firm plans to carve out its infrastructure assets and mobile financial services business in 2023.