KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Veon (VEON) Debt to Equity (2016 - 2025)

Veon has reported Debt to Equity over the past 14 years, most recently at $3.84 for Q4 2025.

  • For Q4 2025, Debt to Equity fell 10.11% year-over-year to $3.84; the TTM value through Dec 2025 reached $3.84, down 10.11%, while the annual FY2025 figure was $3.84, 10.11% down from the prior year.
  • Debt to Equity was $3.84 for Q4 2025 at Veon, up from $2.95 in the prior quarter.
  • Across five years, Debt to Equity topped out at $32.1 in Q4 2021 and bottomed at $2.95 in Q2 2025.
  • The 5-year median for Debt to Equity is $10.17 (2023), against an average of $13.4.
  • Year-over-year, Debt to Equity skyrocketed 141.6% in 2021 and then crashed 69.65% in 2023.
  • Over 5 years, Debt to Equity stood at $32.1 in 2021, then tumbled by 55.21% to $14.38 in 2022, then crashed by 58.54% to $5.96 in 2023, then decreased by 28.34% to $4.27 in 2024, then decreased by 10.11% to $3.84 in 2025.
  • The last three reported values for Debt to Equity were $3.84 (Q4 2025), $2.95 (Q2 2025), and $4.27 (Q4 2024) per Business Quant data.