VEON Ltd. (VEON) Return on equity 2016–2025
VEON Ltd. (VEON) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
44.1%FY2025 · since FY2016: 40.6% → 44.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 44.1% | -0.2 pp |
| FY2024 | 44.3% | +329.9 pp |
| FY2023 | -285.5% | -284.0 pp |
| FY2022 | -1.6% | -138.3 pp |
| FY2021 | 136.7% | +330.6 pp |
| FY2020 | -193.9% | -249.6 pp |
| FY2019 | 55.7% | +45.8 pp |
| FY2018 | 9.9% | +22.2 pp |
| FY2017 | -12.3% | -52.9 pp |
| FY2016 | 40.6% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice