Millicom
TIGO
$20.16
Share price
-0.88%
Change (1 day)
0.95%
Change (1 year)
Categories
Operating Margin for Millicom (TIGO)
Operating Margin as of April 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 |
|---|---|---|
| 2022 | 4.23% | -73.31% |
| 2021 | 15.85% | -344.02% |
| 2020 | -6.50% | -229.23% |
| 2019 | 5.03% | 58.82% |
| 2018 | 3.17% | -15.59% |
| 2017 | 3.75% | 131.04% |
| 2016 | 1.62% | -171.4% |
| 2015 | -2.27% | -104.78% |
| 2014 | 47.54% | 533.76% |
| 2013 | 7.50% | -59.74% |
| 2012 | 18.63% | -21.19% |
| 2011 | 23.64% | -50.44% |
| 2010 | 47.71% | 132.65% |
| 2009 | 20.51% | -0.64% |
| 2008 | 20.64% | 0.64% |
| 2007 | 20.51% | -8.7% |
| 2006 | 22.46% | 255.14% |
| 2005 | 6.32% | -59.51% |
| 2004 | 15.62% | -58.89% |
| 2003 | 38.00% | -198.71% |
| 2002 | -38.50% | 91.11% |
| 2001 | -20.14% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Spok Holdings
SPOK | 12.19% | 188.18% | 🇺🇸 USA |
 Shentel SHEN | -1.78% | -142.08% | 🇺🇸 USA |
 SK Telecom SKM | 7.59% | 79.43% | 🇰🇷 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.