Millicom International Cellular SA vs TIM
Millicom International Cellular SA is the larger business, with $5.82bn of revenue in fiscal 2025 against $4.77bn for TIM (1.2 times as much). TIM grew faster (0.5% against 0.3%). Millicom International Cellular SA kept more of each dollar of sales as profit: a net margin of 22.6% against 16.2%. TIM carries less debt relative to equity (11.6% against 189.2%).
| Latest fiscal year | Millicom International Cellular SATIGO, 2025 | TIMTIMB, 2025 |
|---|---|---|
| Revenue | $5.82bn | $4.77bn |
| Revenue growth | 0.3% | 0.5% |
| Net income | $1.32bn | $773m |
| Operating margin | 28.2% | 23.8% |
| Net margin | 22.6% | 16.2% |
| Return on equity | 36.2% | 17.9% |
| Free cash flow | $1.08bn | $1.59bn |
| Cash | $1.55bn | $659m |
| Total debt | $6.89bn | $507m |
| Debt to equity | 189.2% | 11.6% |
| Dividend per share | — | — |
| Dividend yield | — | 11.2% |
| Share buybacks | $119m | — |
| Employees | — | — |
| Market value | $13.00bn | $8.62bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 7 sales | 0 buys, 4 sales |