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
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VEON Ltd. (VEON) Return on equity
VEON Ltd.'s return on equity over the twelve months to 30 June 2026 was 3.45%, down 33.4 percentage points from fiscal 2025 (36.8%). Over the past ten years it has ranged from −275.1% (fiscal 2023) to 53.5% (fiscal 2021); the current reading is higher than 82% of that period. That is below the Telecom Services industry median of 6.00% and above the Communication Services sector median of 0.00%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 36.8% | 1.15 |
| FY2024 | 35.7% | 310.73 |
| FY2023 | −275.1% | (260.82) |
| FY2022 | −14.3% | (67.79) |
| FY2021 | 53.5% | 75.12 |
| FY2020 | −21.6% | (46.43) |
| FY2019 | 24.8% | 7.39 |
| FY2018 | 17.5% | 27.62 |
| FY2017 | −10.2% | (57.03) |
| FY2016 | 46.9% | 63.51 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| LUMN Lumen Technologies, Inc. compare | 46.2% |
| IRDM Iridium Communications Inc compare | 31.7% |
| PHI PLDT Inc. compare | 20.5% |
| TDS Telephone and Data Systems, Inc. compare | 7.68% |
| TKC Turkcell Iletisim Hizmetleri AS compare | 7.61% |
| VEON VEON Ltd. | 3.45% |
| LBTYB Liberty Global Ltd compare | −26.8% |
| LBTYK Liberty Global Ltd compare | −26.8% |
| LBTYA Liberty Global Ltd compare | −26.8% |
| Telecom Services industry median | 6.00% |
| Communication Services sector median | 0.00% |
| Market median | 0.51% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on VEON
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement