ZTO Express Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 20, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	19,439	15,613	17,124	21,758	22,814	24,367
Market Cap Growth	27.43%	-8.83%	-21.29%	-4.63%	-6.37%	33.46%
Enterprise Value	17,623	15,029	17,259	20,856	21,682	21,674
Last Close Price	25.29	18.89	19.65	24.50	25.49	26.12
PE Ratio	21.80	12.93	13.88	22.04	30.48	36.89
Forward PE	14.36	11.46	12.62	18.90	25.01	27.07
PS Ratio	2.91	2.57	3.16	4.24	4.77	6.31
PB Ratio	2.22	1.82	2.01	2.76	2.96	3.24
P/TBV Ratio	2.55	2.21	2.43	3.39	3.71	3.94
P/FCF Ratio	25.15	18.32	17.77	34.02	-	-
P/OCF Ratio	13.12	9.97	9.09	13.07	20.07	32.13
PEG Ratio	4.64	0.88	0.67	0.98	1.25	2.21
EV/Sales Ratio	2.64	2.48	3.19	4.07	4.53	5.61
EV/EBITDA Ratio	8.95	7.40	9.44	13.82	17.83	21.46
EV/EBIT Ratio	11.66	9.30	12.14	18.59	25.03	29.76
EV/FCF Ratio	22.80	17.63	17.91	32.61	-	-
Debt / Equity Ratio	0.19	0.28	0.26	0.24	0.09	0.04
Debt / EBITDA Ratio	0.86	1.14	1.15	1.19	0.52	0.31
Debt / FCF Ratio	2.32	2.79	2.26	2.93	-	-
Net Debt / Equity Ratio	-0.20	-0.08	-0.07	-0.08	-0.17	-0.32
Net Debt / EBITDA Ratio	-0.92	-0.35	-0.34	-0.45	-1.09	-2.40
Net Debt / FCF Ratio	-2.42	-0.83	-0.65	-1.05	7.41	6.91
Asset Turnover	0.52	0.49	0.46	0.50	0.50	0.48
Inventory Turnover	926.45	917.23	779.95	426.53	350.16	399.88
Quick Ratio	1.10	0.86	1.03	1.14	1.07	2.01
Current Ratio	1.38	1.07	1.34	1.49	1.44	2.39
Return on Equity (ROE)	14.21%	14.46%	15.26%	12.88%	9.59%	9.89%
Return on Assets (ROA)	7.32%	8.16%	7.55%	6.84%	5.64%	5.66%
Return on Invested Capital (ROIC)	15.59%	15.77%	15.63%	13.76%	12.29%	14.63%
Return on Capital Employed (ROCE)	16.20%	18.40%	14.70%	12.50%	11.10%	9.50%
Earnings Yield	6.39%	7.74%	7.21%	4.54%	3.28%	2.71%
FCF Yield	3.98%	5.46%	5.63%	2.94%	-0.79%	-1.44%
Dividend Yield	2.37%	3.71%	3.16%	-	-	-
Payout Ratio	54.31%	63.58%	23.69%	19.43%	28.48%	38.25%
Buyback Yield / Dilution	0.79%	0.06%	-2.28%	-0.04%	-2.99%	-1.51%
Total Shareholder Return	3.17%	3.77%	0.88%	-0.04%	-2.99%	-1.51%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q