Vnet (VNET) Goodwill (2010 - 2023)
Vnet (VNET) posted Goodwill of $186.98 million for the quarter ended Sep 30, 2023, down 0.6% from the prior quarter.
Analysis
Vnet (VNET) Goodwill (2010 - 2023) Analysis & Trends
As of Dec 31, 2022, Vnet's Goodwill came in at $197.79 million, up 1.8% from the prior year.
- Annual Goodwill has increased for four consecutive years, with a five-year compound annual growth rate of 6.6% (years ended Dec 2017 to Dec 2022).
- In prior years, Vnet's Goodwill was $194.23 million in the year ended Dec 31, 2021 (+24.4%), $156.14 million in the year ended Dec 31, 2020 (+3.0%), $151.65 million in the year ended Dec 31, 2019 (+6.7%) and $142.14 million in the year ended Dec 31, 2018 (-1.2%).
- The figure for the quarter ended Sep 30, 2023 stands as the lowest quarterly Goodwill since the quarter ended Jun 30, 2021.
- On a year-over-year basis, Goodwill increased in three of the last six quarters, with growth averaging 62.9%.
- The strongest year-over-year quarter for Goodwill in the past five years was the quarter ended Sep 30, 2021, with growth of 352.2%; the weakest was the quarter ended Jun 30, 2020, with a decline of 69.7%.
- According to Business Quant data, Goodwill for the three prior quarters was $188.13 million (quarter ended Jun 30, 2023), $198.64 million (quarter ended Mar 31, 2023) and $191.81 million (quarter ended Dec 31, 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,780.05 Bn | 3,703.20 Bn | 60.48 Bn |
| 2 | International Business Machines | 207.28 Bn | 158.18 Bn | 9.91 Bn |
| 3 | Cloudflare | 113.42 Bn | 96.95 Bn | 499.52 Mn |
| 4 | Equinix | 100.18 Bn | 88.73 Bn | 1.40 Bn |
| 5 | Nebius | 60.05 Bn | 33.49 Bn | 448.70 Mn |
| 6 | CoreWeave | 47.35 Bn | 34.44 Bn | 1.70 Bn |
| 7 | Verisign | 25.30 Bn | 22.51 Bn | 384.60 Mn |
| 8 | Nutanix | 18.96 Bn | 10.65 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 15.57 Bn | 8.98 Bn | 613.75 Mn |
| 10 | Vnet | 1.53 Bn | -1.90 Bn | 74.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 186.98 Mn |
| Jun 30, 2023 | 188.13 Mn |
| Mar 31, 2023 | 198.64 Mn |
| Dec 31, 2022 | 191.81 Mn |
| Jun 30, 2022 | 200.01 Mn |
| Mar 31, 2022 | 211.33 Mn |
| Dec 31, 2021 | 209.54 Mn |
| Sep 30, 2021 | 205.20 Mn |
| Jun 30, 2021 | 47.72 Mn |
| Mar 31, 2021 | 151.87 Mn |
| Dec 31, 2020 | 150.14 Mn |
| Sep 30, 2020 | 45.38 Mn |
| Jun 30, 2020 | 43.64 Mn |
| Mar 31, 2020 | 139.75 Mn |
| Dec 31, 2019 | 140.40 Mn |
| Sep 30, 2019 | 138.44 Mn |
| Jun 30, 2019 | 144.14 Mn |
| Mar 31, 2019 | 147.45 Mn |
| Dec 31, 2018 | 143.12 Mn |
| Sep 30, 2018 | 144.08 Mn |
API Access
Vnet Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=VNET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "VNET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();