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

74.70 4.31 −5.46%
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) Return on equity

Alert me on 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

Low −275.1% High 53.5%
Ten-year median 17.5%
Current reading's percentile 82

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)

The full definition of Return on equity →

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