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ZTO Express (Cayman) Inc. ZTO

Industrials · Integrated Freight & Logistics · China
https://www.zto.com
Company Profile ↓
$24.02
+20.63% 1Y
Mkt Cap$18.27B
P/E14.21
P/B2.01
Div. Yield2.87%
52W High$25.88
52W Low$17.59
Book Value$11.97
EPS (TTM)$1.69

Company Overview

ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. It also offers less-than-truckload (LTL) logistics services; integrated logistics solutions for warehousing, distribution, and transportation; and freight forwarding services. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.

Why Investors Should Care

Healthy Capital Returns

Return on capital employed stands at 16.6%.

Consistent Profit Growth

Net profit has compounded at 10.1% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 11.5% CAGR over the past five years.

Reasonable Valuation

Trades at a P/E of 14.2, below the sector median of 29.9.

Healthy Margins

Maintains a net profit margin of 17.9%.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.35.

Recent Developments

  • Dec 2025 Revenue of $49.10B (+10.9% YoY); net profit $9.08B.
  • Trailing 12 Months Year-on-year growth — revenue +22.0%, earnings +9.8%.
  • 5-Year Trend Long-term compounding — revenue CAGR 11.5%, profit CAGR 10.1%.

Growth & Price Performance

Compounded Sales Growth

5 Years:11.54%
1 Year:22.00%

Compounded Profit Growth

5 Years:10.07%
1 Year:9.80%

Stock Price Performance

1 Year:+20.63%
6 Months:+9.73%
3 Months:-6.14%
1 Month:+5.44%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 78% of range
$17.59 $25.88
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)58.75 · Neutral
Price Performance
1M+5.44%
3M-6.14%
6M+9.73%
1Y+20.63%
Valuation vs Sector

P/E of 14.21 is below the sector median of 29.87 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 11.5% over 5 years.
  • Profit CAGR of 10.1% over 5 years.
  • Attractive dividend yield of 2.87%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
14.21
Industry PE
29.87
Forward P/E
10.53
PEG Ratio
1.28
Book Value
$11.97
Price to Book
2.01
P/S
0.35
EV/EBITDA
0.74
Dividend Yield
2.87%

Growth (CAGR)

Revenue 5Y
11.54%
Profit 5Y
10.07%
Revenue (YoY)
22.00%
Earnings (YoY)
9.80%

Profitability & Returns

ROCE
16.58%
ROE
14.88%
ROA
6.98%
Profit Margin
17.88%
Op Margin
19.16%
Gross Margin
24.89%
EPS (Latest Qtr)
$2.68
EPS (TTM)
$1.69

Balance Sheet & Liquidity

Debt/Equity
0.35
Quick Ratio
1.36
Current Ratio
1.64
Debt
$21.79B
Total Assets
$97.78B
Current Assets
$38.85B
Working Capital
$11.10B

Ownership

Promoter Holding
3.02%
Chg in Prom Hold
-
FII / Inst Holding
11.68%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$10.48B
Total Revenue (TTM)
$51.49B
EBITDA
$14.18B
Free Cash Flow
$3.53B
Operating Cash Flow
$12.39B
Shares Outstanding
554.42M
Gross Margin
24.89%
Payout Ratio
40.95%

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ZTO ZTO Express (Cayman) Inc. 24.02 14.21 $18.27B 2.87% 16.58% 14.88% 11.54% 10.07%
2 GE GE Aerospace SPX 360.07 44.62 $375.67B 0.53% 11.89% 45.43% 16.32% 195.89%
3 CAT Caterpillar Inc. SPX 814.81 40.42 $375.29B 0.70% 17.98% 51.33% 2.29% 5.24%
4 RTX RTX Corporation SPX 215.22 40.30 $289.83B 1.51% 8.28% 11.57% 2.61% 2.62%
5 GEV GE Vernova Inc. SPXAI 990.29 28.32 $266.11B 0.19% 6.30% 75.71% 8.68% -
6 UNP Union Pacific Corporation SPX 292.13 24.06 $173.44B 1.91% 15.22% 40.69% 2.30% 7.77%
7 BA The Boeing Company SPX 216.14 85.09 $170.38B 0.00% -9.01% - 1.67% -3.28%
8 ETN Eaton Corporation plc SPXAI 415.20 39.36 $161.22B 1.06% 11.53% 20.84% 4.73% 10.38%
9 DE Deere & Company SPX 592.67 33.58 $160.08B 1.11% - 18.35% 3.43% 5.10%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -10.89B11.83B11.86B14.51B13.28B
Cost of Revenue -8.20B8.89B8.91B10.83B10.05B
Gross Profit -2.69B2.94B2.96B3.68B3.24B
Operating Expenses -283.84M529.41M550.93M492.50M741.35M
Operating Income -2.41B2.41B2.41B3.19B2.49B
EBITDA -2.64B2.61B2.74B3.32B2.74B
Interest Expense -68.88M98.11M54.42M27.20M50.27M
Pretax Income -2.57B2.51B2.68B3.29B2.69B
Tax Provision -531.57M575.53M160.00M638.13M552.18M
Net Income -1.99B1.94B2.52B2.63B2.12B
Diluted EPS -2.442.373.103.312.68

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -35.38B38.42B44.28B49.10B
Cost of Revenue -26.34B26.76B30.56B36.83B
Gross Profit -9.04B11.66B13.72B12.27B
Operating Expenses -1.30B1.65B1.94B1.80B
Operating Income -7.74B10.01B11.78B10.47B
EBITDA -11.15B13.85B15.04B14.68B
Interest Expense -190.52M289.53M337.92M248.61M
Pretax Income -8.29B10.69B11.68B11.05B
Tax Provision -1.63B1.94B2.85B1.91B
Net Income -6.81B8.75B8.82B9.08B
Diluted EPS -8.3610.6010.7011.19

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -78.52B88.47B92.34B91.02B
Current Assets -24.48B26.95B30.35B33.96B
Cash & Equivalents -11.69B12.33B13.47B10.01B
Inventory -40.54M28.07M38.57M40.65M
Receivables -1.77B1.71B2.68B1.96B
Total Liabilities -24.05B28.18B29.67B23.89B
Current Liabilities -16.41B20.06B28.27B22.87B
Long Term Debt -6.79B7.03B-142.11M
Total Debt -13.12B15.44B17.35B11.48B
Total Equity -54.03B59.80B62.06B66.38B
Shares Outstanding -832.97M812.87M810.34M795.53M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -11.48B13.36B11.43B11.97B
Investing Cash Flow --16.04B-12.25B-5.98B-4.83B
Financing Cash Flow -7.06B-769.84M-5.00B-10.57B
Capital Expenditure --7.41B-6.67B-5.90B-6.07B
Free Cash Flow -4.07B6.69B5.53B5.89B
Net Change in Cash -2.50B338.38M453.53M-3.43B

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -25.6%30.4%31.0%25.0%
Operating Margin % -21.9%26.0%26.6%21.3%
Net Margin % -19.2%22.8%19.9%18.5%
ROE % -12.6%14.6%14.2%13.7%
ROCE % -12.5%14.6%18.4%15.4%

Shareholding Pattern

Insiders
3.02%
Institutions
11.68%
Public Float
12.04%

Top Institutional Holders

#Holder% HeldSharesValue
1 Pzena Investment Management LLC 1.32% 7.46M $179.21M
2 Goldman Sachs Group Inc 0.98% 5.51M $132.32M
3 Serenity Capital Management Pte. Ltd 0.90% 5.06M $121.47M
4 Temasek Holdings (Private) Ltd 0.74% 4.15M $99.62M
5 Morgan Stanley 0.66% 3.71M $89.12M
6 Fisher Asset Management, LLC 0.64% 3.63M $87.08M
7 Marshall Wace LLP 0.41% 2.32M $55.74M
8 Platinum Investment Management Ltd 0.35% 1.99M $47.90M
9 Todd Asset Management LLC 0.30% 1.71M $41.14M
10 Dimensional Fund Advisors LP 0.29% 1.65M $39.70M

Analyst View

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Latest News

Recent headlines for ZTO

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ZTO — Frequently Asked Questions

What is the current share price of ZTO Express (Cayman) Inc. (ZTO)?

As of 2026-08-02 19:16 PDT, ZTO Express (Cayman) Inc. (ZTO) trades at $24.02 on NYSE. Its 52-week range is $17.59 to $25.88.

What is the market capitalisation of ZTO?

ZTO Express (Cayman) Inc. (ZTO) has a market capitalisation of $18.27B on NYSE.

What is the P/E ratio of ZTO?

ZTO trades at a trailing price-to-earnings (P/E) ratio of 14.21. The industry average P/E is 29.87. Its price-to-book (P/B) ratio is 2.01.

Does ZTO pay a dividend?

ZTO Express (Cayman) Inc. (ZTO) currently offers a dividend yield of 2.87%.

What is the return on equity (ROE) of ZTO?

ZTO has a return on equity (ROE) of 14.88%. Its return on capital employed (ROCE) is 16.58%.

Is ZTO a good stock to buy?

This page provides a data-driven analysis of ZTO Express (Cayman) Inc. (ZTO), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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