Veon (VEON) Debt Ratio (2009 - 2025)

Veon has reported Debt Ratio for 17 years, with the latest figure at 0.82 in Q4 2025.

• For the quarter ending Q4 2025, Debt Ratio rose 40.93% year-over-year to 0.82; the trailing twelve-month figure through Dec 2025 stood at 0.82 (up 40.93% YoY), and the FY2025 full-year result was 0.82, up 40.93% from the prior year.
• Debt Ratio for Q4 2025 stood at 0.82, up from 0.46 in the prior quarter.
• The five-year high for Debt Ratio was 9.68 in Q4 2022, with the low at 0.29 in Q2 2023.
• Historically, Debt Ratio has averaged 1.32 across 5 years, with a median of 0.59 in 2021.
• Annual changes were most pronounced in 2021 — Debt Ratio tumbled 96.86% — and 2022, when it jumped 1347.71%.
• Veon's Debt Ratio stood at 0.67 in 2021, then jumped by 1347.71% to 9.68 in 2022, then tumbled by 93.53% to 0.63 in 2023, then dropped by 6.76% to 0.58 in 2024, then surged by 40.93% to 0.82 in 2025.
• The last three Debt Ratio figures came in at 0.82 (Q4 2025), 0.46 (Q2 2025), and 0.58 (Q4 2024), per Business Quant data.