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Millicom International Cellular SA
NASDAQ:TIGO

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Millicom International Cellular SA Logo
Millicom International Cellular SA
NASDAQ:TIGO
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Price: 21.33 USD 1.33% Market Closed
Updated: May 5, 2024

Gross Margin
Millicom International Cellular SA

68.4%
Current
71%
Average
47.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
68.4%
=
Gross Profit
3.9B
/
Revenue
5.7B

Gross Margin Across Competitors

Country LU
Market Cap 3.7B USD
Gross Margin
68%
Country US
Market Cap 193.8B USD
Gross Margin
63%
Country CN
Market Cap 1.5T HKD
Gross Margin
28%
Country ZA
Market Cap 179B Zac
Gross Margin
61%
Country ZA
Market Cap 171.2B Zac
Gross Margin
71%
Country IN
Market Cap 7.2T INR
Gross Margin
67%
Country JP
Market Cap 11.4T JPY
Gross Margin
51%
Country JP
Market Cap 9.2T JPY
Gross Margin
42%
Country MX
Market Cap 1T MXN
Gross Margin
43%
Country JP
Market Cap 9T JPY
Gross Margin
47%
Country UK
Market Cap 18.5B GBP
Gross Margin
32%

Profitability Report

View the profitability report to see the full profitability analysis for Millicom International Cellular SA.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
68.4%
=
Gross Profit
3.9B
/
Revenue
5.7B
What is the Gross Margin of Millicom International Cellular SA?

Based on Millicom International Cellular SA's most recent financial statements, the company has Gross Margin of 68.4%.