Veon annual free cash flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Veon Free Cash Flow (FCF) History (VEON)
Veon reported $620.0M in free cash flow for fiscal 2025, an increase of 18.55% from the previous fiscal year, with a free cash flow margin of 14.09%.
View full Veon company overviewVeon free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $620.0M | $97.0M | +18.55% | +14.09% |
| 2024 | 2024-12-31 | $523.0M | −$106.0M | −16.85% | +13.06% |
| 2023 | 2023-12-31 | $629.0M | $330.0M | +110.37% | +17.01% |
| 2022 | 2022-12-31 | $299.0M | $37.0M | +14.12% | +7.96% |
| 2021 | 2021-12-31 | $262.0M | −$1.63B | −86.16% | +6.81% |
| 2020 | 2020-12-31 | $1.89B | $526.0M | +38.48% | +54.37% |
| 2019 | 2019-12-31 | $1.37B | $800.0M | +141.09% | +16.90% |
| 2018 | 2018-12-31 | $567.0M | $129.0M | +29.45% | +6.24% |
| 2017 | 2017-12-31 | $438.0M | $214.0M | +95.54% | +4.62% |
| 2016 | 2016-12-31 | $224.0M | $398.0M | — | +2.52% |
| 2015 | 2015-12-31 | −$174.0M | — | — | −1.81% |
Veon quarterly free cash flow
Q3.21
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q3 2021 | 2021-09-30 | $365.0M | — | — | +18.20% |
Veon free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $1.89B to $620.0M, a compound annual decline of 20.01%. Veon's latest reported quarter, Q3 2021, generated $365.0M in free cash flow.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Veon filings at SEC.gov ↗