VEON Ltd
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q1 19 | Q2 19 | Q3 19 | Q4 19 | Q1 20 | Q2 20 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||||||||||||
| 7.5 | 2.8 | 3.4 | 4.2 | 5.9 | – | – | – | 22.4 | 8.2 | 3.5 | 3.9 | 8.0 | 6.9 | 11.5 | 9.7 | – | – | – | – | 9.6 | 4.4 | 3.0 | 1.8 | – | – | 4.7 | 3.8 | 1.0 | 1.3 | 0.1 | 2.8 | 5.3 | – | – | – | – | 5.2 | 6.2 | 62.6 | |
| 0.7 | 0.8 | 0.8 | 0.8 | 0.9 | 0.8 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.3 | 0.4 | 0.3 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.2 | 0.1 | 0.1 | 0.2 | 0.3 | 0.4 | 0.4 | 0.4 | 0.0 | 0.5 | 0.5 | 17.7 | 0.7 | 0.8 | 0.9 | 0.6 | 0.7 | 0.8 | |
| 1.3 | 1.1 | 1.3 | 1.4 | 1.8 | 1.8 | 1.4 | 1.5 | 1.5 | 1.3 | 1.1 | 1.4 | 3.8 | 3.5 | 5.0 | 3.8 | – | 17.1 | 11.2 | 7.5 | 9.7 | 5.1 | 2.0 | 1.4 | 1.1 | 1.1 | 1.8 | 1.8 | 1.3 | 1.4 | 0.1 | 2.0 | 2.0 | 64.4 | 2.5 | 2.5 | 2.7 | 2.1 | 2.3 | 2.4 | |
| 1.6 | 1.7 | 1.7 | 2.8 | 1.9 | 1.9 | 1.6 | 1.5 | 1.3 | 1.1 | 1.5 | 1.6 | 1.5 | 1.5 | 1.3 | 0.6 | 0.4 | 0.3 | 0.4 | 0.4 | 0.5 | 0.3 | 0.0 | 0.3 | 0.1 | 1.4 | 0.1 | 0.1 | 0.2 | – | 0.0 | 0.6 | 0.6 | – | 0.7 | 0.7 | 0.8 | 0.5 | 0.6 | 0.6 | |
| 3.2 | 4.5 | 4.5 | 7.4 | 4.9 | 5.3 | 4.5 | 4.4 | 3.9 | 3.1 | 4.1 | 4.3 | 3.9 | 3.5 | 3.0 | 1.3 | 1.0 | 0.7 | 1.0 | 1.0 | 1.1 | 0.6 | 0.1 | 0.6 | 0.2 | 3.1 | 0.2 | 0.1 | 0.4 | – | -0.1 | 1.3 | 1.4 | – | – | – | – | 1.4 | 1.9 | 1.8 | |
| 10.1 | 31.0 | 7.6 | 16.3 | 26.0 | 17.8 | 15.2 | 8.6 | 15.6 | 8.5 | 4.4 | 4.7 | 3.6 | 3.4 | 2.6 | 4.1 | 2.7 | 3.7 | 5.7 | 4.0 | 4.5 | 3.3 | 1.0 | 0.7 | 0.4 | 0.3 | 0.5 | 0.5 | 0.5 | – | – | – | – | – | – | – | – | 4.5 | 6.2 | 4.5 | |
| 9.9% | 3.2% | 13.1% | 6.1% | 3.8% | 5.6% | 6.6% | 11.6% | 6.4% | 11.8% | 22.9% | 21.2% | 27.4% | 29.6% | 38.0% | 24.1% | 36.7% | 26.7% | 17.6% | 25.0% | 22.3% | 30.4% | 99.8% | 142.8% | 239.2% | 312.4% | 220.1% | 202.7% | 192.2% | – | – | – | – | -0.3% | -1.4% | -5.0% | -4.8% | 22.3% | 16.0% | 22.4% | |
| Margins | ||||||||||||||||||||||||||||||||||||||||
| 77.4% | 77.7% | 77.6% | 77.6% | 77.7% | 77.4% | 77.4% | 77.1% | 76.9% | 76.7% | 76.8% | 77.1% | 77.2% | 77.0% | 76.7% | 76.5% | 76.3% | 76.4% | 76.1% | 75.7% | 75.7% | 75.9% | 77.3% | 79.6% | 82.5% | 90.5% | 90.3% | 90.5% | 90.9% | 91.0% | 86.2% | 86.3% | 85.7% | – | – | – | – | 83.4% | 79.0% | 78.4% | |
| 13.2% | 12.2% | 12.3% | 13.1% | 14.4% | 15.5% | 15.6% | 15.8% | 5.8% | 6.1% | 11.0% | 11.9% | 20.8% | 22.9% | 18.6% | 17.8% | 8.9% | 7.7% | 7.3% | 7.7% | 18.0% | 19.8% | 20.4% | 21.5% | 24.9% | 27.7% | 27.6% | 28.4% | 25.8% | 25.2% | 24.7% | 25.0% | 28.0% | – | – | – | – | 32.6% | 32.8% | 21.2% | |
| 9.4% | 27.2% | 24.3% | 19.2% | 15.5% | -5.3% | -6.5% | -5.1% | 2.9% | 6.4% | 13.3% | 15.7% | 6.6% | 7.0% | 2.7% | 3.8% | -4.2% | -4.5% | -4.3% | -5.1% | 4.9% | 8.7% | 5.8% | 7.3% | -4.5% | -5.9% | 7.2% | 10.4% | 36.3% | 30.1% | 22.0% | 16.7% | 10.3% | – | – | – | – | 12.1% | 11.6% | 1.2% | |
| 7.0% | 2.5% | 10.9% | 4.9% | 3.5% | 4.6% | 3.9% | 6.4% | 4.1% | 6.2% | 10.7% | 13.0% | 14.4% | 14.3% | 11.7% | 8.9% | 10.5% | 9.5% | 7.8% | 9.9% | 10.6% | 11.7% | 17.2% | 19.2% | 27.5% | 71.5% | 74.4% | 79.9% | 71.4% | – | – | – | – | -6.2% | -1.0% | -3.9% | -4.2% | 14.0% | 11.5% | 17.3% | |
| Returns | ||||||||||||||||||||||||||||||||||||||||
| 17.4% | 39.9% | 36.7% | 33.7% | 30.7% | -11.6% | -15.2% | -13.4% | 6.7% | 15.9% | 30.2% | 35.0% | 46.9% | 50.7% | 43.3% | 39.6% | – | -214.1% | -109.7% | -95.5% | 100.8% | 115.0% | 68.8% | 74.3% | -44.6% | -28.5% | 37.5% | 48.6% | 125.4% | 103.4% | 91.6% | 70.8% | 37.9% | – | – | – | – | 39.7% | 36.2% | 3.9% | |
| 2.3% | 11.3% | 10.4% | 8.6% | 7.3% | -2.6% | -3.3% | -2.7% | 1.6% | 4.1% | 7.1% | 8.5% | 3.7% | 3.9% | 1.6% | 2.2% | -2.5% | -2.4% | -2.3% | -2.6% | 2.5% | 4.2% | 2.5% | 2.5% | -1.4% | -1.5% | 1.8% | 2.5% | 10.6% | 13.5% | 11.4% | 8.8% | 5.4% | – | – | – | – | 5.8% | 5.5% | 0.6% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||||||||||||
| 7,718 | 7,984 | 7,843 | 18,857 | 9,406 | 10,209 | 9,633 | 9,228 | 6,360 | 4,872 | 8,863 | 8,742 | 8,933 | 9,094 | 8,566 | 1,646 | 1,028 | -370 | -70 | 24 | -178 | -1,010 | -1,010 | 803 | -147 | 4,465 | -898 | -1,237 | -647 | – | -189 | 490 | 334 | – | -77 | -221 | -552 | -630 | -332 | -757 | |
| 1.8 | 2.4 | 2.3 | 5.3 | 2.5 | 3.0 | 2.9 | 2.8 | 2.0 | 1.6 | 2.8 | 2.6 | 2.6 | 2.4 | 2.3 | 0.4 | 0.3 | -0.1 | 0.0 | 0.0 | -0.1 | -0.3 | -0.3 | 0.3 | -0.1 | 2.6 | -0.5 | -0.8 | -0.4 | – | -0.1 | 0.3 | 0.2 | – | – | – | – | -0.4 | -0.2 | -0.5 | |
| 13.1% | 28.4% | 28.4% | 25.5% | 23.7% | 22.3% | 21.4% | 20.3% | 23.8% | 26.0% | 23.6% | 24.2% | 7.9% | 7.6% | 3.8% | 5.5% | -0.2% | 1.1% | 2.1% | 2.7% | 2.5% | 3.7% | 3.7% | 3.3% | 3.1% | 5.1% | 4.9% | 5.1% | 8.5% | 13.1% | 12.4% | 12.4% | 14.3% | 13.7% | 14.6% | 15.4% | 15.7% | 14.5% | 15.3% | 14.7% | |
| 2.4 | 1.8 | 1.8 | 4.1 | 2.5 | 2.6 | 2.7 | 3.0 | 2.5 | 1.8 | 2.6 | 2.5 | 8.3 | 8.4 | 18.5 | 3.5 | – | 7.5 | 3.8 | 3.0 | 3.5 | 2.1 | 2.1 | 5.3 | 6.4 | 9.8 | 3.1 | 2.4 | 1.5 | – | 0.7 | 1.5 | 1.3 | – | 1.4 | 0.8 | 0.8 | 0.8 | 1.0 | 0.9 | |
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| 11.64 | 34.51 | 29.97 | 23.42 | 17.95 | -6.13 | -7.12 | -5.54 | 3.23 | 6.98 | 14.96 | 17.81 | 7.47 | 9.09 | 3.26 | 4.63 | -4.71 | -4.70 | -4.40 | -5.74 | 5.46 | 9.59 | 5.74 | 6.27 | -3.11 | -3.15 | 3.75 | 5.38 | 19.04 | 15.06 | 294.35 | 9.13 | 5.74 | – | – | – | – | 10.06 | 7.45 | 0.83 | |
| 123.78 | 127.00 | 123.51 | 122.15 | 115.62 | 115.00 | 109.81 | 108.10 | 112.53 | 109.03 | 112.77 | 113.81 | 113.89 | 128.98 | 122.21 | 121.59 | 113.26 | 105.09 | 101.50 | 113.25 | 110.57 | 110.85 | 98.58 | 85.50 | 69.47 | 53.55 | 52.36 | 51.77 | 52.47 | 50.02 | 1,336.87 | 54.73 | 55.97 | 2.27 | 58.32 | 59.17 | 61.46 | 83.45 | 64.31 | 67.34 | |
| 67.11 | 86.43 | 81.63 | 69.49 | 58.48 | 52.83 | 46.72 | 41.27 | 48.11 | 44.04 | 49.50 | 50.86 | 15.93 | 17.92 | 7.54 | 11.70 | -0.35 | 2.19 | 4.01 | 6.01 | 5.42 | 8.34 | 8.34 | 8.45 | 6.98 | 11.06 | 9.99 | 11.06 | 15.18 | 14.55 | 321.40 | 12.89 | 15.14 | 0.62 | 17.22 | 18.63 | 20.10 | 25.35 | 20.56 | 21.33 | |
| 8.68 | 3.14 | 13.42 | 5.97 | 4.04 | 5.33 | 4.28 | 6.96 | 4.65 | 6.80 | 12.04 | 14.84 | 16.44 | 18.50 | 14.26 | 10.86 | 11.91 | 10.00 | 7.93 | 11.23 | 11.69 | 12.94 | 16.96 | 16.42 | 19.14 | 38.27 | 38.95 | 41.35 | 37.48 | – | – | – | – | -0.14 | -0.60 | -2.31 | -2.61 | 11.72 | 7.41 | 11.68 | |
Showing the most recent 40 periods — older statements are on file for this stock.
Data as of: October 8, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.