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TIM vs Veon

TIM and Veon are similar in size: $4.77bn and $4.40bn of revenue in their latest fiscal years. Veon grew faster (9.9% against 0.5%). TIM kept more of each dollar of sales as profit: a net margin of 16.2% against 13.4%. TIM carries less debt relative to equity (11.6% against 234.6%).

Latest fiscal yearTIMTIMB, 2025VeonVEON, 2025
Revenue $4.77bn $4.40bn
Revenue growth 0.5% 9.9%
Net income $773m $591m
Operating margin 23.8% 32.7%
Net margin 16.2% 13.4%
Return on equity 17.9% 48.5%
Free cash flow $1.59bn —
Cash $659m $1.73bn
Total debt $507m $3.14bn
Debt to equity 11.6% 234.6%
Dividend per share — —
Dividend yield 11.2% —
Share buybacks — $105m
Employees — —
Market value $8.62bn $5.63bn
Price vs our value range Below our value range —
Moat score — —
Insider trades, 12 months 0 buys, 4 sales 3 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.