VEON Ltd. (VEON) Operating margin 2016–2025
VEON Ltd. (VEON) operating margin by fiscal year — reported operating income divided by reported revenue.
32.7%FY2025 · since FY2016: 12.2% → 32.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 32.7% | +5.0 pp |
| FY2024 | 27.7% | +2.6 pp |
| FY2023 | 25.1% | -5.9 pp |
| FY2022 | 31.0% | +4.4 pp |
| FY2021 | 26.6% | +2.9 pp |
| FY2020 | 23.6% | +0.6 pp |
| FY2019 | 23.1% | +17.0 pp |
| FY2018 | 6.1% | -9.4 pp |
| FY2017 | 15.5% | +3.3 pp |
| FY2016 | 12.2% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice