Millicom International Cellular SA annual return on equity
2017
2018
2019
2020
2021
2022
2023
2024
2025
Millicom International Cellular SA Return on Equity (ROE) Growth & History (TIGO)
Millicom International Cellular SA's return on equity was 37.48% for fiscal 2025.
View full Millicom International Cellular SA company overviewMillicom International Cellular SA annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 37.48% | +29.99 pp |
| 2024 | 2024-12-31 | 7.49% | +14.36 pp |
| 2023 | 2023-12-31 | −6.87% | −11.04 pp |
| 2022 | 2022-12-31 | 4.17% | −19.18 pp |
| 2021 | 2021-12-31 | 23.35% | +40.58 pp |
| 2020 | 2020-12-31 | −17.23% | −23.45 pp |
| 2019 | 2019-12-31 | 6.22% | +7.14 pp |
| 2018 | 2018-12-31 | −0.92% | −3.06 pp |
| 2017 | 2017-12-31 | 2.13% | — |
Millicom International Cellular SA quarterly return on equity
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.90% | −14.97 pp |
| Q1 2026 | 2026-03-31 | 3.22% | — |
| Q4 2025 | 2025-12-31 | 7.22% | — |
| Q3 2025 | 2025-09-30 | 5.67% | — |
| Q2 2025 | 2025-06-30 | 18.87% | — |
Millicom International Cellular SA return on equity trends
Over the last five fiscal years, Millicom International Cellular SA's return on equity increased from −17.23% to 37.48%, a change of +54.71 percentage points. The latest reported quarter, Q2 2026, shows 3.90%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Millicom International Cellular SA source filings ↗