Veon (VEON) Debt to Equity (2014 - 2025)
Veon (VEON) posted Debt to Equity of $3.84 for Q4 2025, down 10.11% quarter-over-quarter from $4.27 in Q4 2024, and down 10.11% year-on-year from $4.27 in Q4 2024.
Veon (VEON) Debt to Equity (2014 - 2025) Analysis & Trends
Veon (VEON) has reported Debt to Equity for 12 consecutive years, with $3.84 the latest figure, recorded in Q4 2025.
- Debt to Equity for Q4 2025 came in at $3.84, down 10.11% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.84 (down 10.11% YoY), and the FY2025 annual result was $3.84, down 10.11% from the prior year.
- Debt to Equity was $3.84 for Q4 2025 at Veon, down from $4.27 in the prior quarter.
- Over five years, Debt to Equity peaked at $32.1 in Q4 2021 and troughed at $3.84 in Q4 2025.
- Average Debt to Equity over 5 years is $12.11, with a median of $5.96 recorded in 2023.
- Year-over-year, Debt to Equity slumped 58.54% in 2023 and decreased 10.11% in 2025.
- Over 5 years, Debt to Equity stood at $32.1 in 2021, then sank by 55.21% to $14.38 in 2022, then plunged 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.
- Per Business Quant data, the three most recent Debt to Equity figures were $3.84 in Q4 2025, $4.27 in Q4 2024, and $5.96 in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | 0.00 |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | 1.54 |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 1.65 |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 1.10 |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 4.48 |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 1.38 |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | 1.40 |
| 10 | Veon | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.84 |
| Dec 31, 2024 | 4.27 |
| Dec 31, 2023 | 5.96 |
| Dec 31, 2022 | 14.38 |
| Dec 31, 2021 | 32.10 |
| Dec 31, 2020 | 61.88 |
| Dec 31, 2019 | 8.44 |
| Dec 31, 2018 | 2.14 |
| Jun 30, 2018 | -2.64 Bn |
| Dec 31, 2017 | 2.69 |
| Sep 30, 2017 | -5.13 Bn |
| Jun 30, 2017 | -3,426.00 |
| Dec 31, 2016 | 1.87 |
| Dec 31, 2015 | 2.11 |
| Dec 31, 2014 | 0.00 |