Millicom
TIGO
#3023
Rank
$3.96 B
Marketcap
$23.14
Share price
0.48%
Change (1 day)
37.33%
Change (1 year)

Operating Margin for Millicom (TIGO)

Operating Margin as of June 2024 (TTM): 4.23%

According to Millicom's latest financial reports and stock price the company's current Operating Margin is 4.23%. At the end of 2022 the company had an Operating Margin of 4.23%.

Operating Margin history for Millicom from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20224.23%-73.31%
202115.85%-344.02%
2020-6.50%-229.23%
20195.03%58.82%
20183.17%-15.59%
20173.75%131.04%
20161.62%-171.4%
2015-2.27%-104.78%
201447.54%533.76%
20137.50%-59.74%
201218.63%-21.19%
201123.64%-50.44%
201047.71%132.65%
200920.51%-0.64%
200820.64%0.64%
200720.51%-8.7%
200622.46%255.14%
20056.32%-59.51%
200415.62%-58.89%
200338.00%-198.71%
2002-38.50%91.11%
2001-20.14%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
12.19% 188.18%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.78%-142.08%๐Ÿ‡บ๐Ÿ‡ธ USA
7.59% 79.43%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.