Cash Flow Statement
Growth Metrics

Vnet (VNET) EBT Margin (2016 - 2025)

Vnet has reported EBT Margin over the past 16 years, most recently at 12.93% for Q4 2025.

  • For Q4 2025, EBT Margin fell 133.0% year-over-year to 12.93%; the TTM value through Dec 2025 reached 8.1%, down 522.0%, while the annual FY2025 figure was 4.19%, 155.0% down from the prior year.
  • EBT Margin was 12.93% for Q4 2025 at Vnet, up from 6.68% in the prior quarter.
  • Across five years, EBT Margin topped out at 14.66% in Q2 2024 and bottomed at 111.64% in Q4 2023.
  • The 5-year median for EBT Margin is 9.64% (2022), against an average of 2.69%.
  • Year-over-year, EBT Margin plummeted -11506bps in 2023 and then soared 12590bps in 2024.
  • Over 5 years, EBT Margin stood at 10.63% in 2021, then soared by 132bps to 3.42% in 2022, then plummeted by -3365bps to 111.64% in 2023, then surged by 113bps to 14.26% in 2024, then decreased by -9bps to 12.93% in 2025.
  • The last three reported values for EBT Margin were 12.93% (Q4 2025), 6.68% (Q3 2025), and 7.12% (Q2 2025) per Business Quant data.