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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	18,165	16,520	15,613	17,124	21,746	23,006
Market Cap Growth	22.27%	5.80%	-8.82%	-21.25%	-5.48%	-4.81%
Enterprise Value	16,115	14,584	13,995	16,551	20,166	21,734
Last Close Price	23.74	20.89	19.55	21.28	26.87	28.22
PE Ratio	14.84	13.06	13.34	14.21	22.17	30.92
Forward PE	12.21	12.42	11.46	12.62	18.90	25.01
PEG Ratio	1.12	4.01	0.88	0.67	0.98	1.25
PS Ratio	2.59	2.35	2.57	3.16	4.24	4.81
PB Ratio	1.98	1.74	1.84	2.03	2.78	3.01
P/TBV Ratio	0.29	0.26	0.26	0.30	0.41	0.48
P/FCF Ratio	18.32	17.11	18.32	17.74	34.00	-128.24
P/OCF Ratio	10.62	9.66	9.97	9.07	13.07	20.25
EV/Sales Ratio	2.30	2.08	2.31	3.05	3.93	4.54
EV/EBITDA Ratio	8.11	7.36	6.90	9.09	13.37	17.88
EV/EBIT Ratio	10.71	9.74	8.67	11.71	17.98	25.10
EV/FCF Ratio	16.25	15.11	16.42	17.15	31.53	-121.14
Debt / Equity Ratio	0.17	0.17	0.16	0.25	0.11	0.09
Debt / EBITDA Ratio	0.83	0.83	1.17	1.20	1.26	0.57
Debt / FCF Ratio	1.70	1.70	2.79	2.26	2.98	-3.89
Net Debt / Equity Ratio	-0.21	-0.21	-0.08	-0.07	-0.08	-0.17
Net Debt / EBITDA Ratio	-1.02	-1.02	-0.34	-0.34	-0.41	-1.05
Net Debt / FCF Ratio	-2.10	-2.10	-0.80	-0.64	-0.98	7.13
Asset Turnover	0.54	0.54	0.49	0.46	0.50	0.50
Inventory Turnover	929.78	929.78	917.23	779.95	426.53	350.16
Quick Ratio	1.23	1.23	0.89	1.08	1.19	1.13
Current Ratio	1.49	1.49	1.07	1.34	1.49	1.44
Return on Equity (ROE)	14.23%	14.23%	14.46%	15.26%	12.88%	9.59%
Return on Assets (ROA)	9.46%	9.46%	9.85%	9.81%	8.79%	7.44%
Return on Invested Capital (ROIC)	13.38%	13.38%	13.41%	13.17%	11.63%	10.34%
Return on Capital Employed (ROCE)	15.84%	15.84%	17.78%	15.34%	13.83%	11.05%
Earnings Yield	7.15%	7.66%	7.50%	7.04%	4.51%	3.23%
FCF Yield	5.46%	5.84%	5.46%	5.64%	2.94%	-0.78%
Dividend Yield	2.91%	3.22%	4.88%	1.70%	0.88%	0.92%
Payout Ratio	41.89%	41.36%	63.58%	23.69%	19.43%	28.48%
Buyback Yield / Dilution	2.10%	2.10%	0.06%	-2.28%	-0.04%	-2.99%
Total Shareholder Return	5.01%	5.33%	4.94%	-0.57%	0.84%	-2.07%

Updated Mar 18, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q