Veon (VEON) Enterprise Value (2009 - 2025)
Veon (VEON) posted Enterprise Value of -$2.2 billion for Q4 2025, down 103.39% quarter-over-quarter from -$1.1 billion in Q2 2025, and down 17.64% year-on-year from -$2.7 billion in Q4 2024.
Veon (VEON) Enterprise Value (2009 - 2025) Analysis & Trends
Veon (VEON) has reported Enterprise Value for 17 consecutive years, with -$2.2 billion the latest figure, recorded in Q4 2025.
- Enterprise Value for Q4 2025 came in at -$2.2 billion, down 17.64% year-over-year; the trailing twelve-month figure through Dec 2025 was -$2.2 billion (down 17.64% YoY), and the FY2025 annual result was -$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.
- Over five years, Enterprise Value peaked at $990.0 million in Q3 2021 and troughed at -$2.3 billion in Q2 2023.
- Average Enterprise Value over 5 years is -$713.4 million, with a median of -$507.5 million recorded in 2021.
- Year-over-year, Enterprise Value surged 541.96% in 2021 and tumbled 742.86% in 2024.
- Over 5 years, Enterprise Value stood at $779.0 million in 2021, then plunged by 90.76% to $72.0 million in 2022, then slumped by 411.11% to -$224.0 million in 2023, then sank by 742.86% to -$1.9 billion in 2024, then declined by 17.64% to -$2.2 billion in 2025.
- Per Business Quant data, the three most recent Enterprise Value figures were -$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 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | -895.01 Bn |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | -3.52 Bn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | -7.05 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | -9.96 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | -736.18 Bn |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 4.17 Bn |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | -1.15 Bn |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | -358.45 Mn |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | -47.18 Mn |
| 10 | Veon | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.22 Bn |
| Jun 30, 2025 | -1.09 Bn |
| Dec 31, 2024 | -1.89 Bn |
| 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 | 990.00 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 |
| Dec 31, 2018 | -998.00 Mn |