TMUS vs VEON
T-Mobile US, Inc. and Veon Ltd., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | TMUS | VEON |
|---|---|---|
| Revenue | $88.3B | $4.4B |
| Net income | $11.0B | $591.0M |
| Gross margin | · | · |
| Net margin | 12.4% | 13.4% |
| Return on equity | 18.2% | · |
| Diluted EPS | $9.72 | $0.30 |
| Dividend / share | $3.80 | $0.00 |
| Payout ratio | 37.5% | · |
| Free cash flow | $18.0B | · |
| Equity | $59.2B | $1.3B |
| Net debt / equity | 1.36× | 1.05× |
| Current ratio | 1.00× | · |
| Revenue CAGR 5y | 5.2% | 4.8% |
| Profit CAGR 5y | 29.1% | · |
TMUS bills 20.1× the revenue of VEON, and VEON keeps more of each dollar of revenue as profit (13.4% against 12.4%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | TMUS | VEON |
|---|---|---|
| FY2025 | $88.3B | $4.4B |
| FY2024 | $81.4B | $4.0B |
| FY2023 | $78.6B | $3.7B |
| FY2022 | $79.6B | $3.8B |
| FY2021 | $80.1B | $3.9B |
| FY2020 | $68.4B | $3.5B |
| FY2019 | $45.0B | $8.1B |
| FY2018 | $43.3B | $9.1B |
| FY2017 | $40.6B | $9.5B |
| FY2016 | $37.5B | $8.9B |
Bottom line
| Fiscal year | TMUS | VEON |
|---|---|---|
| FY2025 | $11.0B | $591.0M |
| FY2024 | $11.3B | $487.0M |
| FY2023 | $8.3B | $-2.5B |
| FY2022 | $2.6B | $-9.0M |
| FY2021 | $3.0B | $801.0M |
| FY2020 | $3.1B | $-316.0M |
| FY2019 | $3.5B | $683.0M |
| FY2018 | $2.9B | $362.0M |
| FY2017 | $4.5B | $-534.0M |
| FY2016 | $1.5B | $2.4B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$83,910,000,000 | TMUS |
| FY2024 | +$77,396,000,000 | TMUS |
| FY2023 | +$74,860,000,000 | TMUS |
| FY2022 | +$75,816,000,000 | TMUS |
| FY2021 | +$76,268,000,000 | TMUS |
| FY2020 | +$64,915,000,000 | TMUS |
| FY2019 | +$36,909,000,000 | TMUS |
| FY2018 | +$34,224,000,000 | TMUS |
| FY2017 | +$31,130,000,000 | TMUS |
| FY2016 | +$28,605,000,000 | TMUS |
| FY2015 | +$22,861,000,000 | TMUS |
TMUS has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 18 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −1.0 pp | VEON |
| FY2024 | +1.8 pp | TMUS |
| FY2023 | +76.8 pp | TMUS |
| FY2022 | +3.5 pp | TMUS |
| FY2021 | −17.0 pp | VEON |
| FY2020 | +13.6 pp | TMUS |
| FY2019 | −0.7 pp | VEON |
| FY2018 | +2.7 pp | TMUS |
| FY2017 | +16.8 pp | TMUS |
| FY2016 | −23.3 pp | VEON |
| FY2015 | +8.0 pp | TMUS |
The higher net margin has changed hands between TMUS and VEON over this period.
11 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VEON's net margin has been more volatile than TMUS's over the 11 comparable fiscal years — 23.6 percentage points of standard deviation against 3.9.
11 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between TMUS and VEON over these 11 fiscal years — TMUS led in 7 and VEON in 4.
11 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VEON's return on equity has been more volatile than TMUS's over the 3 comparable fiscal years — 29.0 percentage points of standard deviation against 7.6.
3 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between TMUS and VEON over these 3 fiscal years — TMUS led in 2 and VEON in 1.
3 of 18 comparable fiscal years — a year missing data on either side is not counted.