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Side-by-side financial comparison of ACCO BRANDS Corp (ACCO) and VNET Group, Inc. (VNET). Click either name above to swap in a different company.

ACCO BRANDS Corp is the larger business by last-quarter revenue ($428.8M vs $362.7M, roughly 1.2× VNET Group, Inc.). ACCO BRANDS Corp runs the higher net margin — 5.0% vs -10.7%, a 15.6% gap on every dollar of revenue. Over the past eight quarters, VNET Group, Inc.'s revenue compounded faster (17.4% CAGR vs 9.3%).

ACCO Brands Corporation is an American multinational company. It was created by the merger of ACCO World from Fortune Brands with General Binding Corporation (GBC). As of 2025, its president and CEO is Thomas W. Tedford.

VNET Group, Inc. is a leading neutral internet data center service provider operating primarily in China. It offers cloud computing infrastructure, colocation services, managed network solutions, and hybrid cloud support to enterprise clients across technology, finance, and retail sectors, enabling stable, high-performance digital operation foundations for domestic and global businesses expanding in the Chinese market.

ACCO vs VNET — Head-to-Head

Bigger by revenue
ACCO
ACCO
1.2× larger
ACCO
$428.8M
$362.7M
VNET
Higher net margin
ACCO
ACCO
15.6% more per $
ACCO
5.0%
-10.7%
VNET
Faster 2-yr revenue CAGR
VNET
VNET
Annualised
VNET
17.4%
9.3%
ACCO

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ACCO
ACCO
VNET
VNET
Revenue
$428.8M
$362.7M
Net Profit
$21.3M
$-38.7M
Gross Margin
33.6%
20.9%
Operating Margin
9.3%
0.5%
Net Margin
5.0%
-10.7%
Revenue YoY
-4.3%
Net Profit YoY
3.4%
EPS (diluted)
$0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACCO
ACCO
VNET
VNET
Q4 25
$428.8M
Q3 25
$383.7M
$362.7M
Q2 25
$394.8M
Q1 25
$317.4M
$309.5M
Q4 24
$448.1M
Q3 24
$420.9M
$302.2M
Q2 24
$438.3M
$274.4M
Q1 24
$358.9M
$262.9M
Net Profit
ACCO
ACCO
VNET
VNET
Q4 25
$21.3M
Q3 25
$4.0M
$-38.7M
Q2 25
$29.2M
Q1 25
$-13.2M
$-2.4M
Q4 24
$20.6M
Q3 24
$9.3M
$-2.1M
Q2 24
$-125.2M
$-1.1M
Q1 24
$-6.3M
$-22.0M
Gross Margin
ACCO
ACCO
VNET
VNET
Q4 25
33.6%
Q3 25
33.0%
20.9%
Q2 25
32.9%
Q1 25
31.4%
25.2%
Q4 24
34.7%
Q3 24
32.5%
23.2%
Q2 24
34.8%
21.3%
Q1 24
30.8%
21.6%
Operating Margin
ACCO
ACCO
VNET
VNET
Q4 25
9.3%
Q3 25
6.8%
0.5%
Q2 25
8.4%
Q1 25
-2.1%
0.1%
Q4 24
9.4%
Q3 24
6.2%
24.5%
Q2 24
-25.4%
0.2%
Q1 24
1.6%
0.2%
Net Margin
ACCO
ACCO
VNET
VNET
Q4 25
5.0%
Q3 25
1.0%
-10.7%
Q2 25
7.4%
Q1 25
-4.2%
-0.8%
Q4 24
4.6%
Q3 24
2.2%
-0.7%
Q2 24
-28.6%
-0.4%
Q1 24
-1.8%
-8.4%
EPS (diluted)
ACCO
ACCO
VNET
VNET
Q4 25
$0.23
Q3 25
$0.04
Q2 25
$0.31
Q1 25
$-0.14
Q4 24
$0.21
Q3 24
$0.09
Q2 24
$-1.29
Q1 24
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACCO
ACCO
VNET
VNET
Cash + ST InvestmentsLiquidity on hand
$492.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$664.6M
$890.8M
Total Assets
$2.3B
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACCO
ACCO
VNET
VNET
Q4 25
Q3 25
$492.1M
Q2 25
Q1 25
$544.3M
Q4 24
Q3 24
$219.5M
Q2 24
$247.2M
Q1 24
$246.9M
Total Debt
ACCO
ACCO
VNET
VNET
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$1.2B
Q2 24
Q1 24
Stockholders' Equity
ACCO
ACCO
VNET
VNET
Q4 25
$664.6M
Q3 25
$644.0M
$890.8M
Q2 25
$637.3M
Q1 25
$606.1M
$927.8M
Q4 24
$606.1M
Q3 24
$615.5M
$902.9M
Q2 24
$617.1M
$900.6M
Q1 24
$758.5M
$895.1M
Total Assets
ACCO
ACCO
VNET
VNET
Q4 25
$2.3B
Q3 25
$2.3B
$6.1B
Q2 25
$2.4B
Q1 25
$2.3B
$5.4B
Q4 24
$2.2B
Q3 24
$2.4B
$4.3B
Q2 24
$2.4B
$4.0B
Q1 24
$2.5B
$3.9B
Debt / Equity
ACCO
ACCO
VNET
VNET
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
1.28×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACCO
ACCO
VNET
VNET
Operating Cash FlowLast quarter
$30.6M
$113.8M
Free Cash FlowOCF − Capex
$-193.1M
FCF MarginFCF / Revenue
-53.2%
Capex IntensityCapex / Revenue
84.6%
Cash ConversionOCF / Net Profit
1.44×
TTM Free Cash FlowTrailing 4 quarters
$-589.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACCO
ACCO
VNET
VNET
Q4 25
$30.6M
Q3 25
$71.5M
$113.8M
Q2 25
$-38.9M
Q1 25
$5.5M
$27.0M
Q4 24
$52.7M
Q3 24
$92.9M
$108.3M
Q2 24
$-25.6M
$55.8M
Q1 24
$28.2M
$37.1M
Free Cash Flow
ACCO
ACCO
VNET
VNET
Q4 25
Q3 25
$-193.1M
Q2 25
Q1 25
$-220.0M
Q4 24
Q3 24
$-95.0M
Q2 24
$-81.6M
Q1 24
$-102.2M
FCF Margin
ACCO
ACCO
VNET
VNET
Q4 25
Q3 25
-53.2%
Q2 25
Q1 25
-71.1%
Q4 24
Q3 24
-31.4%
Q2 24
-29.8%
Q1 24
-38.9%
Capex Intensity
ACCO
ACCO
VNET
VNET
Q4 25
Q3 25
84.6%
Q2 25
Q1 25
79.8%
Q4 24
Q3 24
67.3%
Q2 24
50.1%
Q1 24
53.0%
Cash Conversion
ACCO
ACCO
VNET
VNET
Q4 25
1.44×
Q3 25
17.88×
Q2 25
-1.33×
Q1 25
Q4 24
2.56×
Q3 24
9.99×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACCO
ACCO

Transferred At Point In Time$421.6M98%
Transferred Over Time$7.2M2%

VNET
VNET

Segment breakdown not available.

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