Veon (VEON) Return on Invested Capital [ROIC] (2010 - 2025)
Veon (VEON) posted Return on Invested Capital [ROIC] of 38.62% for Q4 2025.
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Analysis
Veon (VEON) Return on Invested Capital [ROIC] (2010 - 2025) Analysis & Trends
For FY2025, Veon's Return on Invested Capital [ROIC] came in at 28.48%, up 3.31 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has increased for five consecutive years, with a five-year change of +20.18 percentage points (FY2020 to FY2025).
- In prior years, Veon's Return on Invested Capital [ROIC] was 25.17% in FY2024 (+7.70 pp), 17.47% in FY2023 (+3.79 pp), 13.67% in FY2022 (+3.81 pp) and 9.86% in FY2021 (+1.56 pp).
- The Q4 2025 figure stands as the highest quarterly Return on Invested Capital [ROIC] since Q1 2013.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 7.99% |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 9.86% |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 8.46% |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | 0.00% |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | 7.77% |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 10.54% |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | -35.40% |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | -12.16% |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | - |
| 10 | Veon | 5.59 Bn | -1.94 Bn | 1.10 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 38.62% |
| Jun 30, 2023 | 14.26% |
| Jun 30, 2022 | 8.11% |
| Dec 31, 2021 | 10.02% |
| Sep 30, 2021 | 29.17% |
| Jun 30, 2021 | 14.94% |
| Mar 31, 2021 | 8.55% |
| Dec 31, 2020 | 7.09% |
| Sep 30, 2020 | 9.23% |
| Jun 30, 2020 | 15.46% |
| Mar 31, 2020 | 16.11% |
| Dec 31, 2019 | 21.64% |
| Sep 30, 2019 | 14.47% |
| Jun 30, 2019 | 11.96% |
| Mar 31, 2019 | 13.95% |
| Dec 31, 2018 | 2.28% |
| Sep 30, 2018 | 2.77% |
| Jun 30, 2018 | 10.61% |
| Mar 31, 2018 | 9.95% |
| Dec 31, 2017 | 9.90% |
API Access
Veon Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=VEON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=VEON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();