Veon Return on Equity (ROE) Growth & History (VEON)
Veon's return on equity was 48.46% for fiscal 2025.
View full Veon company overviewVeon annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 48.46% | −1.31 pp |
| 2024 | 2024-12-31 | 49.77% | +393.15 pp |
| 2023 | 2023-12-31 | −343.38% | −341.82 pp |
| 2022 | 2022-12-31 | −1.56% | −215.44 pp |
| 2021 | 2021-12-31 | 213.89% | +259.39 pp |
| 2020 | 2020-12-31 | −45.50% | −73.40 pp |
| 2019 | 2019-12-31 | 27.90% | +18.85 pp |
| 2018 | 2018-12-31 | 9.05% | +19.43 pp |
| 2017 | 2017-12-31 | −10.38% | −59.50 pp |
| 2016 | 2016-12-31 | 49.12% | — |
Veon quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 8.19% | −42.38 pp |
| Q1 2026 | 2026-03-31 | 7.05% | — |
| Q4 2025 | 2025-12-31 | −2.21% | — |
| Q3 2025 | 2025-09-30 | −9.45% | — |
| Q2 2025 | 2025-06-30 | 50.56% | +40.50 pp |
| Q2 2024 | 2024-06-30 | 10.06% | −30.06 pp |
| Q2 2023 | 2023-06-30 | 40.12% | +8.85 pp |
| Q2 2022 | 2022-06-30 | 31.27% | −13.77 pp |
| Q3 2021 | 2021-09-30 | 50.00% | — |
| Q2 2021 | 2021-06-30 | 45.04% | +27.85 pp |
| Q2 2020 | 2020-06-30 | 17.18% | +15.23 pp |
| Q1 2019 | 2019-06-30 | 1.96% | +5.61 pp |
| Q2 2018 | 2018-06-30 | −3.65% | — |
Veon return on equity trends
Over the last five fiscal years, Veon's return on equity increased from −45.50% to 48.46%, a change of +93.96 percentage points. The latest reported quarter, Q2 2026, shows 8.19%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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