Veon (VEON) Invested Capital (2009 - 2025)

Veon has reported Invested Capital for 17 years, with the latest figure at $6.5 billion in Q4 2025.

• For the quarter ending Q4 2025, Invested Capital rose 11.95% year-over-year to $6.5 billion; the trailing twelve-month figure through Dec 2025 stood at $6.5 billion (up 11.95% YoY), and the FY2025 full-year result was $6.5 billion, up 11.95% from the prior year.
• Invested Capital for Q4 2025 stood at $6.5 billion, up from $5.8 billion in the prior quarter.
• The five-year high for Invested Capital was $11.2 billion in Q4 2021, with the low at $44.0 in Q1 2021.
• Historically, Invested Capital has averaged $6.4 billion across 5 years, with a median of $6.3 billion in 2023.
• Annual changes were most pronounced in 2021 — Invested Capital sank 33.33% — and 2025, when it climbed 11.95%.
• Veon's Invested Capital stood at $11.2 billion in 2021, then declined by 22.11% to $8.7 billion in 2022, then plunged by 31.18% to $6.0 billion in 2023, then dropped by 3.79% to $5.8 billion in 2024, then increased by 11.95% to $6.5 billion in 2025.
• The last three Invested Capital figures came in at $6.5 billion (Q4 2025), $5.8 billion (Q4 2024), and $6.0 billion (Q4 2023), per Business Quant data.