Iridium Communications (IRDM) vs VEON (VEON)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Iridium Communications (IRDM) has outperformed VEON (VEON) over the past year, gaining 149.0% versus a gain of 49.7%. Over five years, VEON leads with a +34.8% price change compared with +23.3% for IRDM. VEON is the larger company by market cap ($5.35 billion vs $5.05 billion), about 1.1 times the size.
On valuation, VEON trades at a lower forward P/E (9.3x vs 27.8x for Iridium Communications). Iridium Communications pays a dividend yielding 1.26%, while VEON does not currently pay one. VEON converts more of its revenue into profit, with a net margin of 13.4% versus 13.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | IRDM | VEON |
|---|---|---|
| Share price | $47.62 | $77.74 |
| Market cap | $5.05B | $5.35B |
| 1-day change | -1.53% | +0.71% |
| YTD return | +178.25% | +46.83% |
| 1-year return | +149.02% | +49.68% |
| 5-year return | +23.27% | +34.83% |
| P/E ratio (TTM) | 54.11 | 98.41 |
| Forward P/E | 27.77 | 9.26 |
| EPS (TTM) | $0.88 | $0.79 |
| Dividend yield | 1.26% | 0.00% |
| Annual dividend | $0.60 | $0.00 |
| Revenue (latest FY) | $871.66M | $4.40B |
| Revenue growth (YoY) | +4.93% | +9.87% |
| Net income (latest FY) | $114.37M | $591.00M |
| Operating margin | 27.07% | 32.71% |
| Net margin | 13.12% | 13.43% |
| 52-week high | $57.18 | $78.83 |
| 52-week low | $15.65 | $42.60 |
| Distance from 52-week high | -16.72% | -1.38% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | -11.80% | +11.74% |
| Average volume | 1.17M | 123.03K |
| Shares outstanding | 105.98M | 68.86M |
| Employees | 975 | 18,938 |
| Sector | Consumer Discretionary | Telecommunications |
| Industry | Telecommunications Equipment | Telecommunications Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- IRDM has outperformed VEON by 99.3 percentage points over the past year.
- VEON trades at a higher earnings multiple (98.4x vs 54.1x trailing P/E).
- Iridium Communications offers a meaningfully higher dividend yield (1.26% vs 0.00%).
- The two companies sit in different sectors: Iridium Communications in Consumer Discretionary and VEON in Telecommunications.
About Iridium Communications
IRDM stock →Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and foreign governments, non-governmental organizations, and consumers in the United States, Canada, and internationally.
Consumer Discretionary · Telecommunications Equipment · 975 employees
About VEON
VEON stock →VEON Ltd. provides telecommunications and digital services in Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan.
Telecommunications · Telecommunications Equipment · 18,938 employees
IRDM vs VEON FAQ
Which is bigger, Iridium Communications or VEON?
VEON (VEON) is larger, with a market capitalization of $5.35B compared with $5.05B for Iridium Communications (IRDM).
Which stock has performed better over the past year, IRDM or VEON?
IRDM returned +149.02% over the past 12 months, compared with +49.68% for VEON (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, IRDM or VEON?
IRDM has the lower trailing P/E at 54.1, versus 98.4 for VEON. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Iridium Communications or VEON?
Iridium Communications pays a dividend yielding 1.26%, while VEON does not currently pay a regular dividend.
Are Iridium Communications and VEON in the same industry?
Yes. Both are classified in the Telecommunications Equipment industry within the Consumer Discretionary sector.