Vnet (VNET) Asset Utilization Ratio (2011 - 2026)
Vnet's (VNET) quarterly Asset Utilization Ratio came in at 7.23 in Q2 2026, down 61.87% year-over-year from 18.96 in Q2 2025, and down 12.14% quarter-over-quarter from 8.23 in Q1 2026.
Analysis
Vnet (VNET) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Vnet has disclosed Asset Utilization Ratio across 16 years of filings, most recently posting 7.23 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 61.87% year-over-year to 7.23; the TTM figure through Jun 2026 stood at 7.23 (down 61.87% YoY), while the FY2025 annual figure was 12.13, down 31.75% from the prior year.
- Asset Utilization Ratio came in at 7.23 for Q2 2026 at Vnet, down from 8.23 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 21.26 in Q3 2024 to a low of 0.98 in Q1 2022.
- Average Asset Utilization Ratio over 5 years is 8.12, with a median of 7.73 recorded in 2026.
- Year-over-year, Asset Utilization Ratio soared 587.77% in 2025 and plunged 61.87% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 3.33 in 2022, then sank by 65.14% to 1.16 in 2023, then climbed by 7.26% to 1.25 in 2024, then soared by 587.77% to 8.57 in 2025, then dropped by 15.65% to 7.23 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 7.23 in Q2 2026, 8.23 in Q1 2026, and 8.57 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 0.24 |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | 0.02 |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | 0.03 |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | 0.07 |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 0.14 |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | 0.11 |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 7.23 |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | 0.12 |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | 1.19 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.23 |
| Mar 31, 2026 | 8.23 |
| Dec 31, 2025 | 8.57 |
| Sep 30, 2025 | 11.65 |
| Jun 30, 2025 | 18.96 |
| Mar 31, 2025 | 1.30 |
| Dec 31, 2024 | 1.25 |
| Sep 30, 2024 | 21.26 |
| Jun 30, 2024 | 17.32 |
| Mar 31, 2024 | 1.16 |
| Dec 31, 2023 | 1.16 |
| Sep 30, 2023 | 13.65 |
| Jun 30, 2023 | 12.68 |
| Mar 31, 2023 | 1.17 |
| Jun 30, 2022 | 3.33 |
| Mar 31, 2022 | 0.98 |
| Dec 31, 2021 | 0.92 |
| Sep 30, 2021 | 4.16 |
| Jun 30, 2021 | 5.58 |
| Mar 31, 2021 | 1.08 |