ZTO Express (Cayman) Inc. (ZTO)
NYSE: ZTO · Real-Time Price · USD
23.60
-0.47 (-1.95%)
At close: Aug 7, 2026, 4:00 PM EDT
23.60
0.00 (0.00%)
After-hours: Aug 7, 2026, 7:00 PM EDT

ZTO Express Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
51,49049,09944,28138,41935,37730,406
Revenue Growth
13.88%10.88%15.26%8.60%16.35%20.59%
Gross Profit
12,81712,27113,71711,6639,0396,589
Operating Income
10,61510,47511,77710,0087,7365,503
Net Income
9,2069,0818,8178,7496,8094,755
Earnings Per Share
11.4611.1910.7010.608.365.80
EPS Growth
0.61%4.58%0.94%26.79%44.14%7.01%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Express Delivery Services
48,12845,72640,95335,48832,57627,451
Freight Forwarding Services
784.69808885.41906.81,2131,530
Sale of Accessories
2,4622,4442,3001,8771,3851,231
Other
115.32119.98141.88147.43203.95194.03
Revenue (Total)
51,49049,09944,28138,41935,37730,406

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
30,48625,63222,31419,78917,44612,567
Total Debt
21,79311,47817,34515,43813,1234,441
Net Cash (Debt)
8,69314,1554,9694,3514,3238,126
Net Cash Growth
46.38%184.88%14.20%0.65%-46.80%-47.22%
Net Cash Per Share
10.7117.255.935.195.279.91

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
12,39411,96811,42913,36111,4797,220
Capital Expenditures
--5,214-5,208-6,529-7,068-8,360
Free Cash Flow
12,3946,7546,2216,8324,412-1,140
Free Cash Flow Growth
5.38%8.57%-8.94%54.87%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
24.89%24.99%30.98%30.36%25.55%21.67%
Operating Margin
20.62%21.33%26.60%26.05%21.87%18.10%
Pretax Margin
21.70%22.51%26.37%27.82%23.42%18.88%
Profit Margin
18.16%18.81%20.07%22.79%18.82%15.46%
FCF Margin
24.07%13.76%14.05%17.78%12.47%-3.75%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.6904.8265.1094.396--
Dividend Per Share Growth
-1.47%-5.54%16.22%---
Dividend Yield
2.92%3.22%4.88%1.70%0.88%0.92%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
14.2313.0613.3414.2122.1730.92
Forward PE
10.7112.4211.4612.6218.9025.01
P/FCF Ratio
16.8317.1118.3217.7434.00-
PS Ratio
2.402.352.573.164.244.81