VNET Group Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 21, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	2,471	2,276	1,265	739	839	1,315
Market Cap Growth	25.74%	79.86%	71.32%	-11.99%	-36.20%	-71.47%
Enterprise Value	5,694	5,699	3,521	2,719	2,528	2,720
Last Close Price	8.68	8.46	4.74	2.87	5.67	9.03
PE Ratio	-	-	54.94	-	-	16.91
Forward PE	97.34	235.00	44.60	-	-	-
PS Ratio	1.74	1.60	1.12	0.71	0.82	1.35
PB Ratio	2.64	1.86	1.34	0.80	0.83	1.10
P/TBV Ratio	5.17	4.76	2.20	1.30	1.83	1.79
P/OCF Ratio	9.01	-	4.61	2.54	2.37	6.02
PEG Ratio	-	5.30	5.30	5.30	5.30	5.30
EV/Sales Ratio	4.00	4.01	3.11	2.60	2.47	2.79
EV/EBITDA Ratio	13.82	9.67	11.33	11.29	10.15	12.33
EV/EBIT Ratio	51.04	51.09	38.39	-	143.91	129.52
Debt / Equity Ratio	3.19	3.19	2.67	2.69	2.12	1.46
Debt / EBITDA Ratio	5.48	5.48	5.88	7.13	6.13	5.65
Net Debt / Equity Ratio	2.50	2.50	2.44	2.29	1.73	1.27
Net Debt / EBITDA Ratio	5.20	5.20	7.45	8.72	7.01	6.91
Net Debt / FCF Ratio	-	-	-5.79	-16.48	-21.68	-7.42
Asset Turnover	0.26	0.26	0.26	0.26	0.28	0.29
Quick Ratio	0.69	0.69	0.51	0.48	0.83	0.77
Current Ratio	0.92	0.92	0.73	0.86	1.11	1.03
Return on Equity (ROE)	-1.72%	-1.72%	3.70%	-38.49%	-10.45%	7.11%
Return on Assets (ROA)	1.27%	1.27%	1.33%	-0.22%	0.30%	0.39%
Return on Invested Capital (ROIC)	-0.82%	-0.91%	1.52%	-0.50%	0.67%	0.75%
Return on Capital Employed (ROCE)	2.40%	2.40%	2.90%	-0.50%	0.60%	0.70%
Earnings Yield	-1.49%	-1.58%	1.98%	-50.48%	-13.40%	5.99%
FCF Yield	-	-	-31.60%	-17.26%	-9.59%	-15.60%
Buyback Yield / Dilution	6.69%	6.69%	-93.35%	-1.62%	2.72%	-27.16%

Updated Mar 16, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q