Veon (VEON) Total Debt (2009 - 2025)

Veon (VEON) posted Total Debt of $5.1 billion for Q4 2025, up 33.57% on a QoQ basis from $3.9 billion in Q2 2025, and up 9.61% year-over-year from $4.7 billion in Q4 2024.

Veon (VEON) Total Debt (2009 - 2025) Analysis & Trends

Veon's Total Debt history runs 17 years deep, the most recent figure standing at $5.1 billion for Q4 2025.

  • Quarterly Total Debt rose 9.61% year-over-year to $5.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $5.1 billion (up 9.61% YoY) and the FY2025 annual result came in at $5.1 billion, up 9.61% from the prior year.
  • Total Debt was $5.1 billion for Q4 2025 at Veon, up from $3.9 billion in the prior quarter.
  • Across five years, Total Debt topped out at $10.6 billion in Q4 2021 and bottomed at $3.0 billion in Q2 2024.
  • A 5-year average of $6.6 billion and a median of $6.7 billion in 2022 frame the typical range for Total Debt.
  • Annual changes were most pronounced in 2023 — Total Debt plunged 59.84% — and 2025, when it gained 28.96%.
  • Veon's Total Debt stood at $10.6 billion in 2021, then retreated by 23.16% to $8.2 billion in 2022, then sank by 36.97% to $5.2 billion in 2023, then declined by 8.96% to $4.7 billion in 2024, then increased by 9.61% to $5.1 billion in 2025.
  • Business Quant data shows VEON's Total Debt at $5.1 billion in Q4 2025, $3.9 billion in Q2 2025, and $4.7 billion in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn -
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - 2.63 Bn
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn 4.65 Bn
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn 221.48 Mn
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 172.46 Bn
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn 90.74 Bn
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn 143.95 Bn
8 Veon 90.84 Bn 90.84 Bn - -
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn 352.10 Mn
10 Telefonica Brasil 45.44 Bn 43.70 Bn 1.32 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 5.15 Bn
Jun 30, 2025 3.85 Bn
Dec 31, 2024 4.69 Bn
Jun 30, 2024 2.99 Bn
Dec 31, 2023 5.16 Bn
Jun 30, 2023 3.79 Bn
Dec 31, 2022 8.18 Bn
Jun 30, 2022 9.44 Bn
Dec 31, 2021 10.65 Bn
Sep 30, 2021 8.62 Bn
Jun 30, 2021 8.72 Bn
Mar 31, 2021 8.56 Bn
Dec 31, 2020 10.09 Bn
Sep 30, 2020 7.06 Bn
Jun 30, 2020 7.30 Bn
Mar 31, 2020 6.94 Bn
Dec 31, 2019 10.34 Bn
Sep 30, 2019 7.36 Bn
Mar 31, 2019 8.35 Bn
Dec 31, 2018 7.86 Bn