Millicom International Cellular SA (TIGO) — Free Cash Flow Generation Index

Latest as of March 2026: 0.73x

Millicom International Cellular SA (TIGO) has a Free Cash Flow Generation Index of 0.73x as of March 2026. Free cash flow of $449.00 Million represents 1% of operating cash flow ($618.00 Million). Read Millicom International Cellular SA (TIGO) total liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.73x
Free Cash Flow / Operating CF

Free Cash Flow

$449.00 Million
USD

Operating Cash Flow

$618.00 Million
USD

Capital Expenditures

$169.00 Million
USD

Millicom International Cellular SA Free Cash Flow Generation Index (1998–2025)

Historical FCF Generation Index trend for Millicom International Cellular SA across 27 annual periods. Explore capital reinvestment ratio of Millicom International Cellular SA to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Millicom International Cellular SA (1998–2025)

Year-by-year Free Cash Flow Generation Index for Millicom International Cellular SA. For the full company profile including market capitalisation, see TIGO company net worth.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.65x $1.18 Billion $1.83 Billion $650.00 Million ▼ -4.6%
2024 0.68x $1.13 Billion $1.67 Billion $540.00 Million ▲ +1968.3%
2023 0.03x $40.00 Million $1.22 Billion $1.18 Billion ▼ -80.2%
2022 0.17x $212.00 Million $1.28 Billion $1.07 Billion ▲ +228.8%
2021 0.05x $48.00 Million $956.00 Million $908.00 Million ▲ +1474.1%
2020 0.00x $-3.00 Million $821.00 Million $824.00 Million ▲ +97.2%
2019 -0.13x $-106.00 Million $801.00 Million $907.00 Million ▼ -973.4%
2018 0.02x $12.00 Million $792.00 Million $780.00 Million ▼ -66.4%
2017 0.05x $37.00 Million $820.00 Million $783.00 Million ▲ +147.6%
2016 0.02x $16.00 Million $878.00 Million $862.00 Million ▼ -93.3%
2015 0.27x $446.00 Million $1.65 Billion $1.21 Billion ▲ +169.8%
2014 0.10x $146.00 Million $1.46 Billion $1.31 Billion ▲ +142.3%
2013 0.04x $50.00 Million $1.21 Billion $1.16 Billion ▼ -88.8%
2012 0.37x $584.00 Million $1.58 Billion $1.00 Billion ▼ -28.9%
2011 0.52x $834.93 Million $1.61 Billion $776.52 Million ▲ +150.8%
2010 0.21x $162.23 Million $785.37 Million $623.14 Million ▲ +129.7%
2009 -0.69x $-316.60 Million $455.97 Million $772.57 Million ▼ -173.9%
2008 -0.25x $-284.46 Million $1.12 Billion $1.41 Billion ▼ -225.6%
2007 0.20x $224.29 Million $1.11 Billion $887.14 Million ▲ +236.4%
2006 -0.15x $-70.66 Million $477.46 Million $548.12 Million ▼ -172.0%
2005 0.21x $83.64 Million $407.17 Million $323.52 Million ▼ -40.9%
2004 0.35x $105.37 Million $303.24 Million $197.87 Million ▼ -34.6%
2003 0.53x $97.91 Million $184.36 Million $86.45 Million ▼ -46.9%
2002 1.00x $74.67 Million $74.67 Million $135.82 Million ▲ +217.9%
2001 -0.85x $-88.21 Million $103.97 Million $192.18 Million ▼ -66.5%
2000 -0.51x $-61.70 Million $121.07 Million $182.77 Million ▲ +71.7%
1998 -1.80x $-123.30 Million $68.40 Million $191.70 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).