VEON Ltd.

VEON Communication Services Telecom Services

VEON Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, up 9.87% from fiscal 2024.

Revenue
+16.9%
EPS
−79.6%
Free cash flow
+431.6%
Total debt
+19.1%

Quarter to June 2026, against a year earlier

79.50 4.16 +5.52%
Market cap
$4.8B
P/E
90.0×
Fwd P/E
12.5×
Dividend yield
—
F-score
8/9
Altman Z
0.79
Beneish M
−2.57
Dividend safety
n/a

VEON Ltd. (VEON) Current ratio

Alert me on Current ratio

VEON Ltd.'s current ratio at the end of the quarter to 30 June 2026 was 1.0×, up 0.1× from fiscal 2025 (0.9×). Over the past ten years it has ranged from 0.4× (fiscal 2019) to 1.1× (fiscal 2021); the current reading is higher than 73% of that period. That is below the Telecom Services industry median of 1.1× and below the Communication Services sector median of 1.3×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.9× 14.76%
FY2024 0.8× (10.40%)
FY2023 0.9× (19.97%)
FY2022 1.1× (2.98%)
FY2021 1.1× 75.57%
FY2020 0.6× 49.16%
FY2019 0.4× (38.51%)
FY2018 0.7× (16.85%)
FY2017 0.8× 22.14%
FY2016 0.7× (28.93%)

Quarterly newest first

Period Current ratio Change
Jun 2026 1.0× 12.55%
Mar 2026 0.9× (5.23%)
Dec 2025 0.9× (4.28%)
Sep 2025 0.9× 8.49%
42 more quarters

Against its own ten years

Low 0.4× High 1.1×
Ten-year median 0.8×
Current reading's percentile 73

Current ratio against peers

Company Current ratio
TDS Telephone and Data Systems, Inc. compare 3.8×
TKC Turkcell Iletisim Hizmetleri AS compare 1.5×
LBTYB Liberty Global Ltd compare 1.3×
LBTYK Liberty Global Ltd compare 1.3×
LBTYA Liberty Global Ltd compare 1.3×
VEON VEON Ltd. 1.0×
IRDM Iridium Communications Inc compare 0.9×
LUMN Lumen Technologies, Inc. compare 0.7×
PHI PLDT Inc. compare 0.4×
Telecom Services industry median 1.1×
Communication Services sector median 1.3×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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