Veon (VEON) Enterprise Value (2009 - 2025)

Veon (VEON) posted Enterprise Value of -$2.2 billion for Q4 2025, down 103.39% on a QoQ basis from -$1.1 billion in Q2 2025, and down 17.64% year-over-year from -$2.7 billion in Q4 2024.

Veon (VEON) Enterprise Value (2009 - 2025) Analysis & Trends

Veon's Enterprise Value history runs 17 years deep, the most recent figure standing at -$2.2 billion for Q4 2025.

  • Quarterly Enterprise Value fell 17.64% year-over-year to -$2.2 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$2.2 billion (down 17.64% YoY) and the FY2025 annual result came in at -$2.2 billion, down 17.64% from the prior year.
  • Enterprise Value was -$2.2 billion for Q4 2025 at Veon, down from -$1.1 billion in the prior quarter.
  • Across five years, Enterprise Value topped out at $779.0 million in Q4 2021 and bottomed at -$2.3 billion in Q2 2023.
  • A 5-year average of -$781.0 million and a median of -$600.0 million in 2021 frame the typical range for Enterprise Value.
  • Peak annual rise in Enterprise Value reached 71.21% in 2024, while the deepest fall reached 742.86% in 2024.
  • Veon's Enterprise Value stood at $779.0 million in 2021, then tumbled by 90.76% to $72.0 million in 2022, then sank by 411.11% to -$224.0 million in 2023, then plunged by 742.86% to -$1.9 billion in 2024, then dropped by 17.64% to -$2.2 billion in 2025.
  • Business Quant data shows VEON's Enterprise Value at -$2.2 billion in Q4 2025, -$1.1 billion in Q2 2025, and -$1.9 billion in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn -
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -9,992.00 Bn
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn -1.14 Bn
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn -1.71 Bn
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn -7.05 Bn
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn -2.83 Bn
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn -15.57 Bn
8 Veon 90.84 Bn 90.84 Bn - -
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn -26.03 Mn
10 Telefonica Brasil 45.44 Bn 43.70 Bn 1.32 Bn -1.74 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -2.22 Bn
Jun 30, 2025 -1.09 Bn
Dec 31, 2024 -1.89 Bn
Sep 30, 2024 -2.00 Mn
Jun 30, 2024 -648.00 Mn
Dec 31, 2023 -224.00 Mn
Jun 30, 2023 -2.25 Bn
Dec 31, 2022 72.00 Mn
Jun 30, 2022 -1.37 Bn
Dec 31, 2021 779.00 Mn
Sep 30, 2021 -600.00 Mn
Jun 30, 2021 -367.00 Mn
Mar 31, 2021 -344.00 Mn
Dec 31, 2020 681.00 Mn
Sep 30, 2020 -224.00 Mn
Jun 30, 2020 -275.00 Mn
Mar 31, 2020 -537.00 Mn
Dec 31, 2019 877.00 Mn
Sep 30, 2019 -383.00 Mn
Mar 31, 2019 -2.89 Bn