Millicom International Cellular SA (TIGO) — Cash Flow Reinvestment Rate
Millicom International Cellular SA (TIGO) has a Cash Flow Reinvestment Rate of 0.36x as of June 2026, reinvesting $259.61 Million (capex $259.61 Million ) from operating cash flow of $723.63 Million. See Millicom International Cellular SA free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Millicom International Cellular SA Cash Flow Reinvestment Rate (1998–2025)
Historical reinvestment intensity for Millicom International Cellular SA across 27 annual periods. For the full cash flow conversion analysis, see Millicom International Cellular SA (TIGO) cash flow conversion.
Annual Cash Flow Reinvestment Rate for Millicom International Cellular SA (1998–2025)
Year-by-year capital reinvestment analysis for Millicom International Cellular SA. See TIGO financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.35x | $650.00 Million | $1.83 Billion | $650.00 Million | ▼ -48.3% |
| 2024 | 0.69x | $1.14 Billion | $1.67 Billion | $540.00 Million | ▼ -61.0% |
| 2023 | 1.76x | $2.15 Billion | $1.22 Billion | $1.18 Billion | ▲ +3.7% |
| 2022 | 1.69x | $2.18 Billion | $1.28 Billion | $1.07 Billion | ▲ +51.3% |
| 2021 | 1.12x | $1.07 Billion | $956.00 Million | $908.00 Million | ▼ -30.3% |
| 2020 | 1.61x | $1.32 Billion | $821.00 Million | $824.00 Million | ▼ -46.6% |
| 2019 | 3.01x | $2.41 Billion | $801.00 Million | $907.00 Million | ▲ +195.9% |
| 2018 | 1.02x | $805.00 Million | $792.00 Million | $780.00 Million | ▲ +3.2% |
| 2017 | 0.99x | $808.00 Million | $820.00 Million | $783.00 Million | ▼ -38.8% |
| 2016 | 1.61x | $1.41 Billion | $878.00 Million | $862.00 Million | ▲ +120.7% |
| 2015 | 0.73x | $1.21 Billion | $1.65 Billion | $1.21 Billion | ▼ -28.4% |
| 2014 | 1.02x | $1.49 Billion | $1.46 Billion | $1.31 Billion | ▲ +6.4% |
| 2013 | 0.96x | $1.16 Billion | $1.21 Billion | $1.16 Billion | ▲ +51.8% |
| 2012 | 0.63x | $1.00 Billion | $1.58 Billion | $1.00 Billion | ▲ +31.1% |
| 2011 | 0.48x | $776.52 Million | $1.61 Billion | $776.52 Million | ▼ -39.3% |
| 2010 | 0.79x | $623.14 Million | $785.37 Million | $623.14 Million | ▼ -53.2% |
| 2009 | 1.69x | $772.57 Million | $455.97 Million | $772.57 Million | ▲ +35.2% |
| 2008 | 1.25x | $1.41 Billion | $1.12 Billion | $1.41 Billion | ▲ +57.0% |
| 2007 | 0.80x | $887.14 Million | $1.11 Billion | $887.14 Million | ▼ -30.5% |
| 2006 | 1.15x | $548.12 Million | $477.46 Million | $548.12 Million | ▲ +44.5% |
| 2005 | 0.79x | $323.52 Million | $407.17 Million | $323.52 Million | ▲ +21.8% |
| 2004 | 0.65x | $197.87 Million | $303.24 Million | $197.87 Million | ▲ +39.2% |
| 2003 | 0.47x | $86.45 Million | $184.36 Million | $86.45 Million | ▼ -74.2% |
| 2002 | 1.82x | $135.82 Million | $74.67 Million | $135.82 Million | ▼ -1.6% |
| 2001 | 1.85x | $192.18 Million | $103.97 Million | $192.18 Million | ▲ +22.4% |
| 2000 | 1.51x | $182.77 Million | $121.07 Million | $182.77 Million | ▼ -46.1% |
| 1998 | 2.80x | $191.70 Million | $68.40 Million | $191.70 Million | — |