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Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Vnet (VNET) Net Margin (2016 - 2025)

Vnet has reported Net Margin over the past 16 years, most recently at 27.41% for Q4 2025.

  • For Q4 2025, Net Margin rose 947.0% year-over-year to 27.41%; the TTM value through Dec 2025 reached 13.76%, down 239.0%, while the annual FY2025 figure was 2.58%, 465.0% down from the prior year.
  • Net Margin was 27.41% for Q4 2025 at Vnet, up from 7.51% in the prior quarter.
  • Across five years, Net Margin topped out at 27.41% in Q4 2025 and bottomed at 108.98% in Q4 2023.
  • The 5-year median for Net Margin is 11.6% (2022), against an average of 5.41%.
  • Year-over-year, Net Margin tumbled -11240bps in 2023 and then skyrocketed 12691bps in 2024.
  • Over 5 years, Net Margin stood at 9.73% in 2021, then skyrocketed by 135bps to 3.42% in 2022, then crashed by -3282bps to 108.98% in 2023, then skyrocketed by 116bps to 17.93% in 2024, then soared by 53bps to 27.41% in 2025.
  • The last three reported values for Net Margin were 27.41% (Q4 2025), 7.51% (Q3 2025), and 11.02% (Q2 2025) per Business Quant data.