MTN Nigeria Communications PLC (NGX:MTNN)
Nigeria · Delayed Price · Currency is NGN 837.00
-13.00 (-1.53%)
At close: Nov 6, 2026
NGX:MTNN Financials Overview
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 6,085,134 | 5,204,436 | 3,360,830 | 2,468,847 | 2,012,272 | 1,654,299 |
Revenue Growth | 28.83% | 54.86% | 36.13% | 22.69% | 21.64% | 22.87% |
Gross Profit Gross Profit Growth | 4,374,968 | 4,309,334 | 2,664,148 | 2,001,845 | 1,607,689 | 1,320,749 |
Operating Income Operating Income Growth | 2,653,169 | 2,078,920 | 767,573 | 781,434 | 746,960 | 585,085 |
Net Income Net Income Growth | 1,527,835 | 1,112,846 | -399,448 | -133,841 | 351,382 | 298,654 |
Earnings Per Share EPS Growth | 72.87 | 53.07 | -19.05 | -6.38 | 16.76 | 14.67 |
EPS Growth | 76.67% | - | - | - | 14.22% | 45.53% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Wholesale Business Unit (WBU) Wholesale Business Unit (WBU) Growth | 187,656 | 240,690 | 106,661 | 65,845 | 53,445 | 47,672 |
Consumer Business Unit (CBU) Consumer Business Unit (CBU) Growth | 5,301,049 | 4,282,119 | 2,620,468 | 2,083,204 | 1,737,349 | 1,457,633 |
Enterprise Business Unit (EBU) Enterprise Business Unit (EBU) Growth | 596,572 | 680,148 | 631,332 | 319,798 | 221,478 | 148,994 |
Total Total Growth | 6,085,277 | 5,202,957 | 3,358,461 | 2,468,847 | 2,012,272 | 1,654,299 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 711,741 | 794,756 | 305,786 | 352,330 | 369,788 | 318,555 |
Total Debt Total Debt Growth | 2,792,997 | 2,913,898 | 3,256,339 | 2,181,580 | 1,349,689 | 1,184,116 |
Net Cash (Debt) Net Cash Growth | -2,081,256 | -2,119,142 | -2,950,553 | -1,829,250 | -979,901 | -865,561 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -99.27 | -101.06 | -140.70 | -87.24 | -46.74 | -42.52 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 3,067,846 | 2,316,901 | 868,901 | 1,004,243 | 863,663 | 774,067 |
Capital Expenditures CapEx Growth | -1,118,064 | -654,035 | -339,900 | -392,997 | -326,736 | -260,276 |
Free Cash Flow Free Cash Flow Growth | 1,949,782 | 1,662,866 | 529,001 | 611,246 | 536,927 | 513,791 |
Free Cash Flow Growth | 99.34% | 214.34% | -13.46% | 13.84% | 4.50% | 18.62% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 71.90% | 82.80% | 79.27% | 81.08% | 79.89% | 79.84% |
Operating Margin | 43.60% | 39.95% | 22.84% | 31.65% | 37.12% | 35.37% |
Pretax Margin | 38.87% | 32.59% | -16.37% | -7.21% | 25.78% | 26.40% |
Profit Margin | 25.11% | 21.38% | -11.88% | -5.42% | 17.46% | 18.05% |
FCF Margin | 32.04% | 31.95% | 15.74% | 24.76% | 26.68% | 31.06% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 7, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 26.000 | 20.000 | - | 5.600 | 15.600 | 13.120 |
Dividend Per Share Growth | 0% | - | - | -64.10% | 18.90% | 39.57% |
Dividend Yield | 3.11% | 3.91% | - | 2.12% | 7.26% | 6.66% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 7, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 11.49 | 9.63 | - | - | 12.44 | 13.43 |
Forward PE | 10.70 | 7.93 | 21.97 | 21.18 | 10.28 | 11.12 |
P/FCF Ratio | 9.00 | 6.44 | 7.93 | 9.06 | 8.14 | 7.80 |
PS Ratio | 2.88 | 2.06 | 1.25 | 2.24 | 2.17 | 2.42 |