Vnet (VNET) Return on Invested Capital [ROIC] (2011 - 2026)
Vnet (VNET) reported Return on Invested Capital [ROIC] of 0.29% for the quarter ended Jun 30, 2026, down 0.24 percentage points from 0.53% a year earlier but up 0.17 percentage points from the prior quarter.
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Analysis
Vnet (VNET) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Vnet posted Return on Invested Capital [ROIC] of 0.17%, down 0.87 percentage points from the prior year.
- Return on Invested Capital [ROIC] has a five-year change of +0.17 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Return on Invested Capital [ROIC] came in at 1.04% in the year ended Dec 31, 2024 (+0.03 pp), 1.01% in the year ended Dec 31, 2023 (+0.62 pp), 0.38% in the year ended Dec 31, 2022 (+0.18 pp) and 0.20% in the year ended Dec 31, 2021 (+0.20 pp).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of -17.94% in the quarter ended Mar 31, 2024 and a high of 3.21% in the quarter ended Sep 30, 2021.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last three quarters, with an average year-over-year change of +6.05 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was the quarter ended Mar 31, 2025 (a gain of 19.72 percentage points); the low point was the quarter ended Mar 31, 2024 (a drop of 18.41 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 0.12% (quarter ended Mar 31, 2026), 0.13% (quarter ended Dec 31, 2025) and 0.56% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,843.70 Bn | 3,766.85 Bn | 60.48 Bn | 26.70% |
| 2 | International Business Machines | 209.74 Bn | 160.64 Bn | 9.91 Bn | 11.34% |
| 3 | Cloudflare | 112.41 Bn | 95.94 Bn | 499.52 Mn | -12.36% |
| 4 | Equinix | 101.21 Bn | 89.76 Bn | 1.40 Bn | 5.65% |
| 5 | Nebius | 61.44 Bn | 34.87 Bn | 448.70 Mn | -3.32% |
| 6 | CoreWeave | 49.38 Bn | 36.47 Bn | 1.70 Bn | -1.20% |
| 7 | Verisign | 26.06 Bn | 23.28 Bn | 384.60 Mn | - |
| 8 | Nutanix | 19.56 Bn | 11.24 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.64 Bn | 9.05 Bn | 613.75 Mn | - |
| 10 | Vnet | 1.38 Bn | -2.06 Bn | 74.45 Mn | 0.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29% |
| Mar 31, 2026 | 0.12% |
| Dec 31, 2025 | 0.13% |
| Sep 30, 2025 | 0.56% |
| Jun 30, 2025 | 0.53% |
| Mar 31, 2025 | 1.78% |
| Dec 31, 2024 | 2.21% |
| Sep 30, 2024 | -13.33% |
| Jun 30, 2024 | -14.01% |
| Mar 31, 2024 | -17.94% |
| Dec 31, 2023 | -16.27% |
| Sep 30, 2023 | 0.90% |
| Jun 30, 2023 | 0.72% |
| Mar 31, 2023 | 0.47% |
| Jun 30, 2022 | -0.16% |
| Mar 31, 2022 | 0.23% |
| Dec 31, 2021 | 0.13% |
| Sep 30, 2021 | 3.21% |
| Jun 30, 2021 | 2.81% |
| Mar 31, 2021 | 3.04% |
API Access
Vnet Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=VNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();