Millicom International Cellular SA (TIGO) — Cash Flow Reinvestment Rate
Millicom International Cellular SA (TIGO) has a Cash Flow Reinvestment Rate of 0.27x as of March 2026, reinvesting $169.00 Million (capex $169.00 Million ) from operating cash flow of $618.00 Million. Check cash flow quality index of Millicom International Cellular SA to evaluate the quality of earnings relative to operating cash generation.
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. Explore investment intensity of Millicom International Cellular SA to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Millicom International Cellular SA (1998–2025)
Year-by-year capital reinvestment analysis for Millicom International Cellular SA. For live market cap and broader valuation context, see TIGO market cap.
| 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 | — |