Veon (VEON) Total Debt (2009 - 2025)
Veon (VEON) reported Total Debt of $5.1 billion for Q4 2025, up 9.61% on a YoY basis from $4.7 billion in Q4 2024, and up 33.57% quarter-over-quarter from $3.9 billion in Q2 2025.
Veon (VEON) Total Debt (2009 - 2025) Analysis & Trends
Veon has reported Total Debt for 17 years, with the latest figure at $5.1 billion in Q4 2025.
- For the quarter ending Q4 2025, Total Debt rose 9.61% year-over-year to $5.1 billion; the trailing twelve-month figure through Dec 2025 stood at $5.1 billion (up 9.61% YoY), and the FY2025 full-year result was $5.1 billion, up 9.61% from the prior year.
- Total Debt for Q4 2025 stood at $5.1 billion, up from $3.9 billion in the prior quarter.
- The five-year high for Total Debt was $10.6 billion in Q4 2021, with the low at $3.0 billion in Q2 2024.
- Historically, Total Debt has averaged $6.6 billion across 5 years, with a median of $6.7 billion in 2022.
- Annual changes were most pronounced in 2023 — Total Debt sank 59.84% — and 2025, when it grew 28.96%.
- Veon's Total Debt stood at $10.6 billion in 2021, then declined by 23.16% to $8.2 billion in 2022, then tumbled by 36.97% to $5.2 billion in 2023, then slipped by 8.96% to $4.7 billion in 2024, then climbed by 9.61% to $5.1 billion in 2025.
- The last three Total Debt figures came in at $5.1 billion (Q4 2025), $3.9 billion (Q2 2025), and $4.7 billion (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | 31.33 Bn |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 86.05 Bn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 172.46 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 138.41 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | - |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | - |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 221.48 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | 7.53 Bn |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | EchoStar | 33.61 Bn | 33.48 Bn | 3.13 Bn | 24.25 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2019 | 7.78 Bn |
| Mar 31, 2019 | 8.35 Bn |