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 | 3,959.78 Bn | 3,895.27 Bn | 62.56 Bn | 26.51% |
| 2 | International Business Machines | 231.09 Bn | 186.37 Bn | 9.71 Bn | 11.50% |
| 3 | Cloudflare | 109.27 Bn | 91.71 Bn | 557.23 Mn | -17.58% |
| 4 | Equinix | 103.94 Bn | 91.83 Bn | 1.31 Bn | 5.67% |
| 5 | Nebius | 33.90 Bn | 7.34 Bn | 448.70 Mn | -3.32% |
| 6 | Verisign | 27.94 Bn | 25.29 Bn | 393.20 Mn | - |
| 7 | CoreWeave | 26.85 Bn | 26.85 Bn | - | - |
| 8 | Nutanix | 16.04 Bn | 7.73 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 13.84 Bn | 9.22 Bn | 843.00 Mn | 28.21% |
| 10 | Vnet | 806.14 Mn | -2.81 Bn | 74.45 Mn | 3.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.65% |
| Mar 31, 2026 | 3.91% |
| Dec 31, 2025 | 4.20% |
| Sep 30, 2025 | 4.49% |
| Jun 30, 2025 | 4.73% |
| Mar 31, 2025 | 6.06% |
| Dec 31, 2024 | 5.97% |
| Sep 30, 2024 | -11.24% |
| Jun 30, 2024 | -11.58% |
| Mar 31, 2024 | -12.33% |
| Dec 31, 2023 | -12.54% |
| Sep 30, 2023 | 1.88% |
| Jun 30, 2023 | 1.70% |
| Mar 31, 2023 | 1.19% |
| Dec 31, 2022 | 1.24% |
| Sep 30, 2022 | -1.41% |
| Jun 30, 2022 | -0.26% |
| Mar 31, 2022 | 0.33% |
| Dec 31, 2021 | 0.15% |
| Sep 30, 2021 | 1.97% |
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();