Veon (VEON) FCF Margin (2009 - 2026)
Veon (VEON) posted quarterly FCF Margin of 36.51% for Q2 2026, up 2400.0% year-over-year from 1.46% in Q2 2025, and down 86.08% on a QoQ basis from 262.25% in Q1 2026.
Veon (VEON) FCF Margin (2009 - 2026) Analysis & Trends
Veon has reported FCF Margin for 16 years, with the latest figure at 36.51% in Q2 2026.
- FCF Margin for Q2 2026 came in at 36.51%, up 2400.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 37.76% (up 499.0% YoY), and the FY2025 annual result was 14.09%, up 103.0% from the prior year.
- FCF Margin fell to 36.51% in Q2 2026, from 262.25% in the prior quarter.
- Over five years, FCF Margin peaked at 335.66% in Q1 2025 and troughed at 12.51% in Q2 2025.
- A 3-year average of 137.62% and a median of 41.19% in 2024 frame the typical range for FCF Margin.
- The largest YoY upside for FCF Margin was 2400 bps in 2026 against a maximum downside of 7341 bps in 2026.
- A 3-year view of FCF Margin shows it stood at 41.19% in 2024, then plunged by 70 bps to 12.51% in 2025, then jumped by 192 bps to 36.51% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 36.51% in Q2 2026, 262.25% in Q1 2026, and 12.51% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 206.25 Bn | 204.50 Bn | 27.03 Bn | 18.76% |
| 2 | T-Mobile US | 200.37 Bn | 197.55 Bn | 17.74 Bn | 21.05% |
| 3 | Grupo Televisa, S.A.B | 192.34 Bn | 190.63 Bn | 318.12 Mn | - |
| 4 | At&T | 176.68 Bn | 159.11 Bn | 25.25 Bn | 16.16% |
| 5 | Chunghwa Telecom | 33.72 Bn | 31.15 Bn | 728.80 Mn | 8.63% |
| 6 | EchoStar | 25.37 Bn | 23.87 Bn | 1.65 Bn | -2.86% |
| 7 | Bce | 22.17 Bn | 22.17 Bn | - | 17.52% |
| 8 | Rogers Communications | 19.71 Bn | 18.46 Bn | 1.77 Bn | 9.90% |
| 9 | Telefonica Brasil | 18.51 Bn | 18.51 Bn | 1.32 Bn | - |
| 10 | Veon | 3.97 Bn | 1.28 Bn | 1.10 Bn | 36.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 36.51% |
| Mar 31, 2026 | 262.25% |
| Jun 30, 2025 | 12.51% |
| Mar 31, 2025 | 335.66% |
| Dec 31, 2024 | 41.19% |
| Dec 31, 2021 | 151.54% |
| Sep 30, 2021 | 52.72% |
| Jun 30, 2021 | 47.00% |
| Mar 31, 2021 | 58.77% |
| Dec 31, 2020 | 132.53% |
| Sep 30, 2020 | 50.58% |
| Jun 30, 2020 | 48.78% |
| Mar 31, 2020 | 51.26% |
| Dec 31, 2019 | -36.64% |
| Sep 30, 2019 | 49.10% |
| Jun 30, 2019 | 51.79% |
| Mar 31, 2019 | 57.39% |
| Dec 31, 2018 | 0.00% |
| Sep 30, 2018 | -90,763,918.86% |
| Jun 30, 2018 | 109.21% |