Veon (VEON) FCF Margin (2009 - 2026)
Veon (VEON) posted FCF Margin of 36.51% for Q2 2026, up 24.00 percentage points from 12.51% a year earlier and up 3.53 percentage points from the prior quarter.
Veon (VEON) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Veon was 30.76%, up 26.77 percentage points year-over-year; for FY2025, it came in at 47.42%, up 3.04 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of +21.90 percentage points (FY2020 to FY2025).
- In prior years, Veon's FCF Margin was 44.38% in FY2024 (-1.35 pp), 45.73% in FY2023 (+4.00 pp), 41.73% in FY2022 (-1.39 pp) and 43.12% in FY2021 (+17.60 pp).
- The Q2 2026 figure stands as the highest quarterly FCF Margin since Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 18.76% |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 21.05% |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 16.16% |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | - |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | 17.33% |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | 8.63% |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | -2.86% |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | -2,204.22% |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | 52.49% |
| 10 | Veon | 5.13 Bn | -2.40 Bn | 1.10 Bn | 36.51% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.51% |
| Mar 31, 2026 | 32.97% |
| Jun 30, 2025 | 12.51% |
| Mar 31, 2025 | 42.20% |
| Sep 30, 2021 | 52.72% |
| Jun 30, 2021 | 47.00% |
| Mar 31, 2021 | 58.77% |
| Sep 30, 2020 | 50.58% |
| Jun 30, 2020 | 48.78% |
| Mar 31, 2020 | 51.26% |
| Dec 31, 2019 | 34.98% |
| Sep 30, 2019 | 49.10% |
| Jun 30, 2019 | 51.79% |
| Mar 31, 2019 | 57.39% |
| Dec 31, 2018 | 1.16% |
| Sep 30, 2018 | -90.76% |
| Jun 30, 2018 | 48.50% |
| Mar 31, 2018 | 61.24% |
| Dec 31, 2017 | 38.15% |
| Sep 30, 2017 | 48.74% |
Veon FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=VEON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "VEON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=VEON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();