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

VNET Group, Inc. is the larger business by last-quarter revenue ($362.7M vs $314.2M, roughly 1.2× POTLATCHDELTIC CORP). POTLATCHDELTIC CORP runs the higher net margin — 8.2% vs -10.7%, a 18.9% gap on every dollar of revenue. POTLATCHDELTIC CORP produced more free cash flow last quarter ($50.1M vs $-193.1M). Over the past eight quarters, VNET Group, Inc.'s revenue compounded faster (17.4% CAGR vs 11.1%).

PotlatchDeltic Corporation is an American diversified forest products company based in Spokane, Washington.

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.

PCH vs VNET — Head-to-Head

Bigger by revenue
VNET
VNET
1.2× larger
VNET
$362.7M
$314.2M
PCH
Higher net margin
PCH
PCH
18.9% more per $
PCH
8.2%
-10.7%
VNET
More free cash flow
PCH
PCH
$243.2M more FCF
PCH
$50.1M
$-193.1M
VNET
Faster 2-yr revenue CAGR
VNET
VNET
Annualised
VNET
17.4%
11.1%
PCH

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
PCH
PCH
VNET
VNET
Revenue
$314.2M
$362.7M
Net Profit
$25.9M
$-38.7M
Gross Margin
18.2%
20.9%
Operating Margin
11.2%
0.5%
Net Margin
8.2%
-10.7%
Revenue YoY
23.1%
Net Profit YoY
682.5%
EPS (diluted)
$0.33

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
PCH
PCH
VNET
VNET
Q3 25
$314.2M
$362.7M
Q2 25
$275.0M
Q1 25
$268.3M
$309.5M
Q4 24
$258.1M
Q3 24
$255.1M
$302.2M
Q2 24
$320.7M
$274.4M
Q1 24
$228.1M
$262.9M
Q4 23
$254.5M
Net Profit
PCH
PCH
VNET
VNET
Q3 25
$25.9M
$-38.7M
Q2 25
$7.4M
Q1 25
$25.8M
$-2.4M
Q4 24
$5.2M
Q3 24
$3.3M
$-2.1M
Q2 24
$13.7M
$-1.1M
Q1 24
$-305.0K
$-22.0M
Q4 23
$-140.0K
Gross Margin
PCH
PCH
VNET
VNET
Q3 25
18.2%
20.9%
Q2 25
13.0%
Q1 25
17.8%
25.2%
Q4 24
13.4%
Q3 24
10.8%
23.2%
Q2 24
11.9%
21.3%
Q1 24
7.0%
21.6%
Q4 23
8.1%
Operating Margin
PCH
PCH
VNET
VNET
Q3 25
11.2%
0.5%
Q2 25
5.0%
Q1 25
10.3%
0.1%
Q4 24
5.2%
Q3 24
2.8%
24.5%
Q2 24
5.4%
0.2%
Q1 24
-2.1%
0.2%
Q4 23
0.0%
Net Margin
PCH
PCH
VNET
VNET
Q3 25
8.2%
-10.7%
Q2 25
2.7%
Q1 25
9.6%
-0.8%
Q4 24
2.0%
Q3 24
1.3%
-0.7%
Q2 24
4.3%
-0.4%
Q1 24
-0.1%
-8.4%
Q4 23
-0.1%
EPS (diluted)
PCH
PCH
VNET
VNET
Q3 25
$0.33
Q2 25
$0.09
Q1 25
$0.33
Q4 24
$0.07
Q3 24
$0.04
Q2 24
$0.17
Q1 24
$0.00
Q4 23
$0.00

Balance Sheet & Financial Strength

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

Metric
PCH
PCH
VNET
VNET
Cash + ST InvestmentsLiquidity on hand
$88.8M
$492.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$890.8M
Total Assets
$3.2B
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCH
PCH
VNET
VNET
Q3 25
$88.8M
$492.1M
Q2 25
$95.3M
Q1 25
$147.5M
$544.3M
Q4 24
$151.6M
Q3 24
$161.1M
$219.5M
Q2 24
$199.7M
$247.2M
Q1 24
$180.2M
$246.9M
Q4 23
$230.1M
Total Debt
PCH
PCH
VNET
VNET
Q3 25
Q2 25
Q1 25
Q4 24
$1.0B
Q3 24
$1.2B
Q2 24
Q1 24
Q4 23
$1.0B
Stockholders' Equity
PCH
PCH
VNET
VNET
Q3 25
$1.9B
$890.8M
Q2 25
$1.9B
Q1 25
$2.0B
$927.8M
Q4 24
$2.0B
Q3 24
$2.1B
$902.9M
Q2 24
$2.1B
$900.6M
Q1 24
$2.2B
$895.1M
Q4 23
$2.2B
Total Assets
PCH
PCH
VNET
VNET
Q3 25
$3.2B
$6.1B
Q2 25
$3.2B
Q1 25
$3.3B
$5.4B
Q4 24
$3.3B
Q3 24
$3.3B
$4.3B
Q2 24
$3.4B
$4.0B
Q1 24
$3.4B
$3.9B
Q4 23
$3.4B
Debt / Equity
PCH
PCH
VNET
VNET
Q3 25
Q2 25
Q1 25
Q4 24
0.51×
Q3 24
1.28×
Q2 24
Q1 24
Q4 23
0.48×

Cash Flow & Capital Efficiency

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

Metric
PCH
PCH
VNET
VNET
Operating Cash FlowLast quarter
$65.7M
$113.8M
Free Cash FlowOCF − Capex
$50.1M
$-193.1M
FCF MarginFCF / Revenue
15.9%
-53.2%
Capex IntensityCapex / Revenue
4.9%
84.6%
Cash ConversionOCF / Net Profit
2.54×
TTM Free Cash FlowTrailing 4 quarters
$132.4M
$-589.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCH
PCH
VNET
VNET
Q3 25
$65.7M
$113.8M
Q2 25
$41.0M
Q1 25
$49.1M
$27.0M
Q4 24
$45.4M
Q3 24
$26.5M
$108.3M
Q2 24
$100.6M
$55.8M
Q1 24
$16.0M
$37.1M
Q4 23
$41.8M
Free Cash Flow
PCH
PCH
VNET
VNET
Q3 25
$50.1M
$-193.1M
Q2 25
$30.6M
Q1 25
$26.3M
$-220.0M
Q4 24
$25.4M
Q3 24
$-8.2M
$-95.0M
Q2 24
$72.4M
$-81.6M
Q1 24
$2.0M
$-102.2M
Q4 23
FCF Margin
PCH
PCH
VNET
VNET
Q3 25
15.9%
-53.2%
Q2 25
11.1%
Q1 25
9.8%
-71.1%
Q4 24
9.9%
Q3 24
-3.2%
-31.4%
Q2 24
22.6%
-29.8%
Q1 24
0.9%
-38.9%
Q4 23
Capex Intensity
PCH
PCH
VNET
VNET
Q3 25
4.9%
84.6%
Q2 25
3.8%
Q1 25
8.5%
79.8%
Q4 24
7.7%
Q3 24
13.6%
67.3%
Q2 24
8.8%
50.1%
Q1 24
6.1%
53.0%
Q4 23
Cash Conversion
PCH
PCH
VNET
VNET
Q3 25
2.54×
Q2 25
5.58×
Q1 25
1.90×
Q4 24
8.74×
Q3 24
7.99×
Q2 24
7.35×
Q1 24
Q4 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

PCH
PCH

Lumber$131.8M42%
Timberlands$52.5M17%
Rural Real Estate$51.3M16%
Residuals And Panels$34.0M11%
Pulpwood$16.7M5%
Development Real Estate$14.6M5%
Other$8.1M3%
Other Products$5.2M2%

VNET
VNET

Segment breakdown not available.

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