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

GRACO INC is the larger business by last-quarter revenue ($593.2M vs $362.7M, roughly 1.6× VNET Group, Inc.). GRACO INC runs the higher net margin — 22.3% vs -10.7%, a 33.0% gap on every dollar of revenue. GRACO INC produced more free cash flow last quarter ($184.3M vs $-193.1M). Over the past eight quarters, VNET Group, Inc.'s revenue compounded faster (17.4% CAGR vs 9.8%).

Graco Inc. is an American industrial company that specializes in the development and manufacturing of fluid-handling systems and products. The company is headquartered in Minneapolis, Minnesota, and markets its products to customers worldwide.

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.

GGG vs VNET — Head-to-Head

Bigger by revenue
GGG
GGG
1.6× larger
GGG
$593.2M
$362.7M
VNET
Higher net margin
GGG
GGG
33.0% more per $
GGG
22.3%
-10.7%
VNET
More free cash flow
GGG
GGG
$377.4M more FCF
GGG
$184.3M
$-193.1M
VNET
Faster 2-yr revenue CAGR
VNET
VNET
Annualised
VNET
17.4%
9.8%
GGG

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
GGG
GGG
VNET
VNET
Revenue
$593.2M
$362.7M
Net Profit
$132.5M
$-38.7M
Gross Margin
51.7%
20.9%
Operating Margin
26.7%
0.5%
Net Margin
22.3%
-10.7%
Revenue YoY
8.1%
Net Profit YoY
21.9%
EPS (diluted)
$0.78

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
GGG
GGG
VNET
VNET
Q4 25
$593.2M
Q3 25
$543.4M
$362.7M
Q2 25
$571.8M
Q1 25
$528.3M
$309.5M
Q4 24
$548.7M
Q3 24
$519.2M
$302.2M
Q2 24
$553.2M
$274.4M
Q1 24
$492.2M
$262.9M
Net Profit
GGG
GGG
VNET
VNET
Q4 25
$132.5M
Q3 25
$137.6M
$-38.7M
Q2 25
$127.6M
Q1 25
$124.1M
$-2.4M
Q4 24
$108.7M
Q3 24
$122.2M
$-2.1M
Q2 24
$133.0M
$-1.1M
Q1 24
$122.2M
$-22.0M
Gross Margin
GGG
GGG
VNET
VNET
Q4 25
51.7%
Q3 25
53.2%
20.9%
Q2 25
52.4%
Q1 25
52.6%
25.2%
Q4 24
50.9%
Q3 24
53.2%
23.2%
Q2 24
54.4%
21.3%
Q1 24
54.1%
21.6%
Operating Margin
GGG
GGG
VNET
VNET
Q4 25
26.7%
Q3 25
30.3%
0.5%
Q2 25
27.5%
Q1 25
27.3%
0.1%
Q4 24
23.7%
Q3 24
28.1%
24.5%
Q2 24
29.2%
0.2%
Q1 24
27.0%
0.2%
Net Margin
GGG
GGG
VNET
VNET
Q4 25
22.3%
Q3 25
25.3%
-10.7%
Q2 25
22.3%
Q1 25
23.5%
-0.8%
Q4 24
19.8%
Q3 24
23.5%
-0.7%
Q2 24
24.0%
-0.4%
Q1 24
24.8%
-8.4%
EPS (diluted)
GGG
GGG
VNET
VNET
Q4 25
$0.78
Q3 25
$0.82
Q2 25
$0.76
Q1 25
$0.72
Q4 24
$0.63
Q3 24
$0.71
Q2 24
$0.77
Q1 24
$0.71

Balance Sheet & Financial Strength

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

Metric
GGG
GGG
VNET
VNET
Cash + ST InvestmentsLiquidity on hand
$624.1M
$492.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7B
$890.8M
Total Assets
$3.3B
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GGG
GGG
VNET
VNET
Q4 25
$624.1M
Q3 25
$618.7M
$492.1M
Q2 25
$534.9M
Q1 25
$536.1M
$544.3M
Q4 24
$675.3M
Q3 24
$764.5M
$219.5M
Q2 24
$666.0M
$247.2M
Q1 24
$622.7M
$246.9M
Total Debt
GGG
GGG
VNET
VNET
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$1.2B
Q2 24
Q1 24
Stockholders' Equity
GGG
GGG
VNET
VNET
Q4 25
$2.7B
Q3 25
$2.6B
$890.8M
Q2 25
$2.5B
Q1 25
$2.5B
$927.8M
Q4 24
$2.6B
Q3 24
$2.5B
$902.9M
Q2 24
$2.4B
$900.6M
Q1 24
$2.3B
$895.1M
Total Assets
GGG
GGG
VNET
VNET
Q4 25
$3.3B
Q3 25
$3.2B
$6.1B
Q2 25
$3.0B
Q1 25
$3.0B
$5.4B
Q4 24
$3.1B
Q3 24
$3.0B
$4.3B
Q2 24
$2.9B
$4.0B
Q1 24
$2.8B
$3.9B
Debt / Equity
GGG
GGG
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
GGG
GGG
VNET
VNET
Operating Cash FlowLast quarter
$196.3M
$113.8M
Free Cash FlowOCF − Capex
$184.3M
$-193.1M
FCF MarginFCF / Revenue
31.1%
-53.2%
Capex IntensityCapex / Revenue
2.0%
84.6%
Cash ConversionOCF / Net Profit
1.48×
TTM Free Cash FlowTrailing 4 quarters
$637.9M
$-589.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GGG
GGG
VNET
VNET
Q4 25
$196.3M
Q3 25
$179.2M
$113.8M
Q2 25
$182.7M
Q1 25
$125.4M
$27.0M
Q4 24
$185.2M
Q3 24
$178.6M
$108.3M
Q2 24
$139.0M
$55.8M
Q1 24
$118.9M
$37.1M
Free Cash Flow
GGG
GGG
VNET
VNET
Q4 25
$184.3M
Q3 25
$175.7M
$-193.1M
Q2 25
$163.1M
Q1 25
$114.8M
$-220.0M
Q4 24
$171.3M
Q3 24
$159.2M
$-95.0M
Q2 24
$102.7M
$-81.6M
Q1 24
$81.7M
$-102.2M
FCF Margin
GGG
GGG
VNET
VNET
Q4 25
31.1%
Q3 25
32.3%
-53.2%
Q2 25
28.5%
Q1 25
21.7%
-71.1%
Q4 24
31.2%
Q3 24
30.7%
-31.4%
Q2 24
18.6%
-29.8%
Q1 24
16.6%
-38.9%
Capex Intensity
GGG
GGG
VNET
VNET
Q4 25
2.0%
Q3 25
0.6%
84.6%
Q2 25
3.4%
Q1 25
2.0%
79.8%
Q4 24
2.5%
Q3 24
3.7%
67.3%
Q2 24
6.6%
50.1%
Q1 24
7.6%
53.0%
Cash Conversion
GGG
GGG
VNET
VNET
Q4 25
1.48×
Q3 25
1.30×
Q2 25
1.43×
Q1 25
1.01×
Q4 24
1.70×
Q3 24
1.46×
Q2 24
1.05×
Q1 24
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GGG
GGG

Industrial$284.3M48%
Contractor$265.5M45%
Other$43.4M7%

VNET
VNET

Segment breakdown not available.

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