Millicom
TIGO
#2984
Rank
$4.20 B
Marketcap
$24.55
Share price
0.00%
Change (1 day)
45.70%
Change (1 year)

Operating Margin for Millicom (TIGO)

Operating Margin as of July 2024 (TTM): 3.09%

According to Millicom's latest financial reports and stock price the company's current Operating Margin is 3.09%. At the end of 2023 the company had an Operating Margin of 3.09%.

Operating Margin history for Millicom from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20233.09%-26.95%
20224.23%-75.23%
202117.09%-357.97%
2020-6.62%-231.7%
20195.03%66.75%
20183.02%-30.99%
20174.37%62.05%
20162.70%-313.53%
2015-1.26%-102.66%
201447.54%406.57%
20139.38%-55.49%
201221.08%-10.82%
201123.64%-49.58%
201046.89%128.66%
200920.51%-3.72%
200821.30%910.84%
20072.11%-90.92%
200623.19%25.02%
200518.55%72.16%
200410.78%-71.64%
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
8.48% 174.43%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
16.33% 428.48%๐Ÿ‡บ๐Ÿ‡ธ USA
0.71%-77.02%๐Ÿ‡บ๐Ÿ‡ธ USA

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.