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VEONNasdaqRadiotelephone CommunicationsFiscal year ends December 31

VEON Ltd.

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 16, 2026
$82.18−1.02 (-1.23%)

Close on Oct 19, 2026

Market cap
–
P/E (TTM)
273.9
Dividend yield
0.00%

VEON statistics

Financials through Dec 31, 2025, price as of Oct 19, 2026, median of Radiotelephone Communications companies for comparison

Valuation

MeasureVEONIndustry median
Market Cap$151.97B$268.92M
Enterprise Value$150.53B$762.49M
PE Ratio273.9316.05
PS Ratio34.551.05
PB Ratio113.411.73
P/TBV Ratio161.502.18

Enterprise value

MeasureVEONIndustry median
EV / Sales34.221.66
EV / EBITDA104.618.93
EV / EBIT104.6114.11

Income (trailing twelve months)

MeasureVEONIndustry median
Revenue$4.40B$582.52M
Operating Income$1.44B$1.90M
Pretax Income$785.00M-$1.18M
EBITDA$1.44B$21.37M
EPS (Diluted)$0.30-$0.05

Margins

MeasureVEONIndustry median
Operating Margin32.7%2.71%
Pretax Margin17.8%0.64%
EBITDA Margin32.7%7.87%

Returns

MeasureVEONIndustry median
Return on Capital Employed (ROCE)24.9%2.40%

Growth

MeasureVEONIndustry median
Revenue Growth (YoY)9.87%2.02%
EPS Growth (YoY)30.4%-9.67%
Revenue Growth (3Y CAGR)5.42%0.67%
Revenue Growth (5Y CAGR)4.79%2.97%

Balance sheet

MeasureVEONIndustry median
Cash & Short-Term Investments$1.73B$73.26M
Net Cash (Debt)$1.73B-$6.08M
Net Cash Per Share$0.94-$0.08
Equity (Book Value)$1.34B$116.94M
Book Value Per Share$0.72$3.12
Tangible Book Value$941.00M$2.35M

Financial position

MeasureVEONIndustry median
Quick Ratio0.680.83
Interest Coverage2.690.18

Cash flow (trailing twelve months)

MeasureVEONIndustry median
Capital Expenditures-$733.00M-$79.39M

Efficiency

MeasureVEONIndustry median
Asset Turnover0.510.46
Revenue Per Employee$232.28K$493.00K
Employee Count18,9381,033

Dividends and yields

MeasureVEONIndustry median
Dividend Yield0.00%3.70%
Buyback Yield0.07%1.29%
Shareholder Yield0.07%2.47%
Dividend Per Share$0.00$0.80
Years of Dividend Growth00

Shares

MeasureVEONIndustry median
Shares Outstanding1,849,190,00073,310,500
Shares Change (YoY)-0.94%2.52%
Float1,004,620,00045,824,650
Shares Held by Insiders45.7%15.8%
Shares Held by Institutions0.85%61.7%

Taxes

MeasureVEONIndustry median
Income Tax$194.00M$1.77M
Effective Tax Rate24.7%23.4%

Scores

MeasureVEONIndustry median
Graham Number$2.21$31.65
Graham Upside-97.3%-25.9%
Altman Z-Score13.020.87

Calculated by StockData from VEON's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.