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MARKETS / COMPARE / TIGO VS TMUS

TIGO vs TMUS

Millicom International Cellular SA and T-Mobile US, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

TIGO vs TMUS, at a glance
Metric TIGO TMUS
Revenue$5.8B$88.3B
Net income$1.3B$11.0B
Gross margin77.5%·
Net margin23.4%12.4%
Return on equity36.2%18.2%
Diluted EPS$7.83$9.72
Dividend / share·$3.80
Payout ratio·37.5%
Free cash flow$1.1B$18.0B
Equity$3.6B$59.2B
Net debt / equity1.47×1.36×
Current ratio·1.00×
Revenue CAGR 5y8.9%5.2%
Profit CAGR 5y·29.1%

TMUS bills 15.2× the revenue of TIGO, and TIGO keeps more of each dollar of revenue as profit (23.4% against 12.4%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.

Revenue by year

10 years side by side

TIGO vs TMUS, revenue by year
Fiscal year TIGO TMUS
FY2025$5.8B$88.3B
FY2024$5.8B$81.4B
FY2023$5.7B$78.6B
FY2022$5.6B$79.6B
FY2021$4.3B$80.1B
FY2020$3.8B$68.4B
FY2019$4.3B$45.0B
FY2018$3.9B$43.3B
FY2017$3.9B$40.6B
FY2016$4.0B$37.5B
Net income by year

Bottom line

TIGO vs TMUS, net income by year
Fiscal year TIGO TMUS
FY2025$1.3B$11.0B
FY2024$253.0M$11.3B
FY2023$-82.0M$8.3B
FY2022$177.0M$2.6B
FY2021$590.0M$3.0B
FY2020$-344.0M$3.1B
FY2019$149.0M$3.5B
FY2018$-10.0M$2.9B
FY2017$87.0M$4.5B
FY2016$-32.0M$1.5B
Revenue gap over time

10 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025−$82,490,000,000TMUS
FY2024−$75,596,000,000TMUS
FY2023−$72,897,000,000TMUS
FY2022−$73,947,000,000TMUS
FY2021−$75,857,000,000TMUS
FY2020−$64,592,000,000TMUS
FY2019−$40,662,000,000TMUS
FY2018−$39,364,000,000TMUS
FY2017−$36,668,000,000TMUS
FY2016−$33,447,000,000TMUS

TMUS has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.

10 of 18 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

10 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025+11.0 ppTIGO
FY2024−9.3 ppTMUS
FY2023−14.9 ppTMUS
FY2022−1.0 ppTMUS
FY2021+8.9 ppTIGO
FY2020−14.6 ppTMUS
FY2019−4.2 ppTMUS
FY2018−7.3 ppTMUS
FY2017−9.4 ppTMUS
FY2016−6.1 ppTMUS

The higher net margin has changed hands between TIGO and TMUS over this period.

10 of 17 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

TIGO's net margin has been more volatile than TMUS's over the 10 comparable fiscal years — 8.8 percentage points of standard deviation against 3.8.

10 of 17 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

The lead in net margin changed hands between TIGO and TMUS over these 10 fiscal years — TIGO led in 2 and TMUS in 8.

10 of 17 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

TIGO's return on equity has been more volatile than TMUS's over the 10 comparable fiscal years — 13.8 percentage points of standard deviation against 5.9.

10 of 18 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

The lead in return on equity changed hands between TIGO and TMUS over these 10 fiscal years — TIGO led in 3 and TMUS in 7.

10 of 18 comparable fiscal years — a year missing data on either side is not counted.

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