ZTO Express (Cayman) Inc. (ZTO)

ZTO Express Ratios and Metrics

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

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 7, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	17,906	16,520	15,613	17,124	21,746	23,007
Market Cap Growth	13.71%	5.81%	-8.83%	-21.25%	-5.48%	-4.81%
Enterprise Value	16,645	14,604	15,016	16,577	21,183	21,774
Last Close Price	23.60	20.89	19.55	21.28	26.87	28.22

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 7, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	14.23	13.06	13.34	14.21	22.17	30.92
Forward PE	10.71	12.42	11.46	12.62	18.90	25.01
PEG Ratio	0.79	4.01	0.88	0.67	0.98	1.25
PS Ratio	2.40	2.35	2.57	3.16	4.24	4.81
PB Ratio	2.01	1.74	1.84	2.03	2.78	3.01
P/TBV Ratio	0.38	0.31	0.32	0.36	0.50	0.59
P/FCF Ratio	16.83	17.11	18.32	17.74	34.00	-
P/OCF Ratio	9.75	9.66	9.97	9.07	13.07	20.25

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 7, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
EV/Sales Ratio	2.23	2.08	2.48	3.05	4.13	4.55
EV/EBITDA Ratio	10.58	7.38	7.41	9.11	14.04	17.92
EV/EBIT Ratio	10.58	9.75	9.31	11.73	18.89	25.15
EV/FCF Ratio	15.64	15.13	17.62	17.18	33.12	-

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 7, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt / Equity Ratio	0.34	0.17	0.16	0.25	0.11	0.09
Debt / EBITDA Ratio	2.05	0.83	1.17	1.20	1.26	0.57
Debt / FCF Ratio	1.76	1.70	2.79	2.26	2.98	-
Net Debt / Equity Ratio	-0.14	-0.21	-0.08	-0.07	-0.08	-0.17
Net Debt / EBITDA Ratio	-0.82	-1.02	-0.34	-0.34	-0.41	-1.05
Net Debt / FCF Ratio	-0.70	-2.10	-0.80	-0.64	-0.98	7.13
Asset Turnover	0.55	0.54	0.49	0.46	0.50	0.50
Inventory Turnover	970.56	929.78	917.23	779.95	426.53	350.16
Quick Ratio	1.38	1.23	0.89	1.08	1.19	1.13
Current Ratio	1.64	1.49	1.07	1.34	1.49	1.44
Return on Equity (ROE)	14.39%	14.23%	14.46%	15.26%	12.88%	9.59%
Return on Assets (ROA)	9.31%	9.46%	9.85%	9.81%	8.79%	7.44%
Return on Invested Capital (ROIC)	16.40%	15.67%	15.68%	15.45%	13.66%	12.18%
Return on Capital Employed (ROCE)	14.92%	15.84%	17.78%	15.34%	13.83%	11.05%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 7, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Earnings Yield	7.45%	7.66%	7.50%	7.04%	4.51%	3.23%
FCF Yield	5.94%	5.84%	5.46%	5.64%	2.94%	-
Dividend Yield	2.92%	3.22%	4.88%	1.70%	0.88%	0.92%
Payout Ratio	40.40%	41.36%	63.58%	23.69%	19.43%	28.48%
Buyback Yield / Dilution	2.99%	2.10%	0.06%	-2.28%	-0.04%	-2.99%
Total Shareholder Return	5.92%	5.33%	4.94%	-0.57%	0.84%	-2.07%

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: May 21, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 6, 2026

Data Sources Report a data error