Veon (VEON) FCF Margin (2009 - 2026)

Veon (VEON) posted FCF Margin of 32.97% for Q1 2026, up 163.54% on a QoQ basis from 12.51% in Q2 2025, and down 923.0% year-over-year from 4.01% in Q1 2025.

Veon (VEON) FCF Margin (2009 - 2026) Analysis & Trends

Veon's FCF Margin history runs 16 years deep, the most recent figure standing at 32.97% for Q1 2026.

  • Quarterly FCF Margin fell 923.0% year-over-year to 32.97% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.27% (down 310.0% YoY) and the FY2025 annual result came in at 14.09%, up 103.0% from the prior year.
  • FCF Margin was 32.97% for Q1 2026 at Veon, up from 12.51% in the prior quarter.
  • Across five years, FCF Margin topped out at 42.2% in Q1 2025 and bottomed at 12.51% in Q2 2025.
  • A 3-year average of 32.22% and a median of 37.08% in 2024 frame the typical range for FCF Margin.
  • Peak annual rise in FCF Margin reached 923 bps in 2026, while the deepest fall reached 923 bps in 2026.
  • Veon's FCF Margin stood at 41.19% in 2024, then plunged by 70 bps to 12.51% in 2025, then soared by 164 bps to 32.97% in 2026.
  • Business Quant data shows VEON's FCF Margin at 32.97% in Q1 2026, 12.51% in Q2 2025, and 42.2% in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn 30.98%
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn -
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn 17.93%
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 10.98%
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn 21.05%
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn 16.16%
8 Veon 90.84 Bn 90.84 Bn - 32.97%
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn -
10 Telefonica Brasil 45.44 Bn 43.70 Bn 1.32 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 32.97%
Jun 30, 2025 12.51%
Mar 31, 2025 42.20%
Dec 31, 2024 41.19%
Dec 31, 2021 50.13%
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%
Mar 31, 2018 0.00%