Vnet VNET
NASDAQ VNET
$6.37 +0.22 (+3.58%)
At close: Sep 4, 2026 · 4:00 PM EDT

Vnet (VNET) EV to EBITDA (2011 - 2026)

Vnet's (VNET) quarterly EV to EBITDA came in at 9.43 in Q2 2026, down 27.61% year-over-year from 13.03 in Q2 2025, and up 9.4% quarter-over-quarter from 8.62 in Q1 2026.

Analysis

Vnet (VNET) EV to EBITDA (2011 - 2026) Analysis & Trends

Vnet has disclosed EV to EBITDA across 16 years of filings, most recently posting 9.43 for Q2 2026.

  • In Q2 2026, EV to EBITDA fell 27.61% year-over-year to 9.43; the TTM figure through Jun 2026 stood at 2.63 (down 25.14% YoY), while the FY2025 annual figure was 3.57, up 5.17% from the prior year.
  • EV to EBITDA came in at 9.43 for Q2 2026 at Vnet, up from 8.62 in the prior quarter.
  • In the past five years, EV to EBITDA ranged from a high of 19.56 in Q3 2025 to a low of 1.51 in Q1 2023.
  • Average EV to EBITDA over 5 years is 7.81, with a median of 6.68 recorded in 2022.
  • Year-over-year, EV to EBITDA slumped 90.22% in 2022 and surged 655.4% in 2025.
  • Over 5 years, EV to EBITDA stood at 7.64 in 2022, then plunged by 78.87% to 1.61 in 2023, then jumped by 562.33% to 10.69 in 2024, then grew by 24.33% to 13.29 in 2025, then retreated by 29.04% to 9.43 in 2026.
  • Per Business Quant data, the three most recent EV to EBITDA figures were 9.43 in Q2 2026, 8.62 in Q1 2026, and 13.29 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Equinix 102.22 Bn 100.02 Bn 1.40 Bn
2 Terawulf 8.24 Bn 5.48 Bn 32.37 Mn
3 Applied Digital 7.59 Bn 5.57 Bn 97.29 Mn
4 Cipher Digital 7.35 Bn 3.35 Bn 9.79 Mn
5 GDS Holdings 6.47 Bn 4.41 Bn 97.89 Mn
6 Core Scientific 5.72 Bn 3.78 Bn 70.04 Mn
7 Vnet 1.71 Bn 828.02 Mn 74.45 Mn
8 Sify Technologies 1.56 Bn 1.56 Bn 51.65 Mn
9 WhiteFiber 758.96 Mn 698.59 Mn 18.88 Mn
10 Vulcan Infrastructure & Power 445.09 Mn 441.89 Mn -1.25 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 9.43
Mar 31, 2026 8.62
Dec 31, 2025 13.29
Sep 30, 2025 19.56
Jun 30, 2025 13.03
Mar 31, 2025 18.16
Dec 31, 2024 10.69
Sep 30, 2024 10.71
Jun 30, 2024 4.48
Mar 31, 2024 2.40
Dec 31, 2023 1.61
Sep 30, 2023 2.28
Jun 30, 2023 2.01
Mar 31, 2023 1.51
Dec 31, 2022 7.64
Sep 30, 2022 4.22
Jun 30, 2022 5.72
Mar 31, 2022 5.22
Dec 31, 2021 15.73
Sep 30, 2021 26.80