What is ZTO Express (Cayman) Inc.'s earnings per share (EPS)?

ZTO Express (Cayman) Inc. (ZTO) reported diluted earnings per share of $1.60 for fiscal year 2025. This represents a 8.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

ZTO Express (Cayman) Inc. (ZTO) Financials

ZTO

FY2025 annual

Revenue $7.0B +15.7% YoY

Net Income $1.3B +7.5% YoY

EPS (Diluted) $1.60 +8.8% YoY

Free Cash Flow $965.8M +13.3% YoY

Market Cap $15.5B as of Oct 13, 2026

Price / Sales 2.2x on $7.0B revenue, FY2025

Price / Earnings 11.9x on $1.3B net income, FY2025

Price / Book 1.6x on $9.5B equity, Q4 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Apr 17, 2026 Currency USD FYE December

Newest figures come from the 10-K for FY2025, filed Apr 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ZTO SEC filings page.

ZTO Express (Cayman) Inc. (ZTO) reported $7.0B in revenue for fiscal year 2025, up 15.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ZTO FY2025 2026-10-04

FY2025 revenue expansion came with margin compression and heavy reinvestment, showing growth is not converting into proportionate operating gains.

Revenue expanded sharply from FY2024 to FY2025 while gross margin fell from 31.0% to 25.0%, indicating that the added volume arrived with a materially less profitable cost mix. Cash conversion remains positive: operating cash flow exceeded net income by 31.7%, yet free-cash-flow margin was only 13.8%, meaning reinvestment absorbs a meaningful share before cash remains.

The balance sheet became less liability-dependent: liabilities fell 16.0% while equity rose 11.6% in FY2025, improving the funding cushion without relying on a larger debt load. Debt-to-equity declined from 0.5x to 0.4x, reinforcing that growth was accompanied by a more conservative capital structure.

Capital spending consumed roughly 43.6% of operating cash flow, leaving free cash flow of $966M; this is a reinvestment-heavy model rather than one where reported profit simply accumulates as cash. The company also returned $716M through dividends and buybacks, splitting cash between reinvestment and shareholder distributions.

Financial Health Signals

Financial Health Score 72/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of ZTO Express (Cayman) Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

ZTO Express (Cayman) Inc. has an operating margin of 21.3%, meaning the company retains $21 of operating profit per $100 of revenue. This strong profitability earns a score of 88/100, reflecting efficient cost management and pricing power. This is down from 26.6% the prior year.

Growth

ZTO Express (Cayman) Inc.'s revenue surged 15.7% year-over-year to $7.0B, reflecting rapid business expansion. This strong growth earns a score of 73/100.

Leverage

ZTO Express (Cayman) Inc. carries a low D/E ratio of 0.36, meaning only $0.36 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 66/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

ZTO Express (Cayman) Inc.'s current ratio of 1.49 indicates adequate short-term liquidity, earning a score of 41/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

ZTO Express (Cayman) Inc. converts 13.8% of revenue into free cash flow ($965.8M). This strong cash generation earns a score of 77/100.

Returns

ZTO Express (Cayman) Inc. earns a strong 13.7% return on equity (ROE), meaning it generates $14 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 84/100. This is down from 14.2% the prior year.

Altman Z-Score Safe

4.44

ZTO Express (Cayman) Inc. scores 4.44, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($15.5B) relative to total liabilities ($3.4B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

7/8

ZTO Express (Cayman) Inc. passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.32x

For every $1 of reported earnings, ZTO Express (Cayman) Inc. generates $1.32 in operating cash flow ($1.7B OCF vs $1.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

42.13x

ZTO Express (Cayman) Inc. earns $42.13 in operating income for every $1 of interest expense ($1.5B vs $35.6M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

Export CSV

Earnings & Revenue

None of these metrics is reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt

$1.4B

YoY-22.4%

QoQ-22.4%

ZTO Express (Cayman) Inc. held $1.4B in cash as of Q4 2025; long-term debt is not reported for that period.

Shares Outstanding

791M

YoY-1.0%

QoQ-1.0%

ZTO Express (Cayman) Inc. had 791M shares outstanding in Q4 2025. This represents a decrease of 1.0% from the same quarter a year earlier. Against the prior quarter it is down 1.0%.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

ZTO Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ZTO quarterly income statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Revenue	$7.0B+15.7%	$6.1B+12.1%	$5.4B+5.5%	$5.1B+7.5%	$4.8B+23.5%	$3.9B+21.7%	$3.2B+24.0%	$2.6B+27.6%	$2.0B+42.4%	$1.4B
Cost of Revenue	$5.3B+25.8%	$4.2B+11.1%	$3.8B-1.3%	$3.8B+2.2%	$3.7B+25.8%	$3.0B+33.5%	$2.2B+25.0%	$1.8B+32.9%	$1.3B+46.5%	$914.0M
Gross Profit	$1.8B-6.6%	$1.9B+14.4%	$1.6B+25.3%	$1.3B+26.7%	$1.0B+15.6%	$894.6M-5.9%	$951.1M+21.9%	$780.3M+16.8%	$667.9M+34.7%	$495.9M
SG&A Expenses	$377.2M+2.3%	$368.5M+7.9%	$341.6M+13.4%	$301.2M+2.3%	$294.4M+15.4%	$255.0M+14.8%	$222.1M+26.1%	$176.1M+46.8%	$120.0M+18.0%	$101.7M
Operating Income	$1.5B-7.2%	$1.6B+14.5%	$1.4B+25.7%	$1.1B+29.9%	$863.5M+18.5%	$728.6M-7.1%	$784.7M+24.5%	$630.1M+9.4%	$576.1M+44.5%	$398.8M
EBITDA	$2.0B-2.3%	$2.0B+11.7%	$1.8B+20.3%	$1.5B+24.5%	$1.2B+19.9%	$1.0B+4.6%	$966.3M+28.1%	$754.3M+13.9%	$662.3M+48.6%	$445.6M
Interest Expense	$35.6M-23.2%	$46.3M+13.5%	$40.8M+47.6%	$27.6M+39.2%	$19.9M+266.9%	$5.4M	N/A	$113K-95.3%	$2.4M+28.8%	$1.9M
Income Tax	$272.4M-30.1%	$389.8M+42.8%	$273.0M+15.3%	$236.8M+50.1%	$157.8M+49.2%	$105.7M-31.7%	$154.9M+14.6%	$135.1M+36.0%	$99.3M-5.8%	$105.4M
Net Income	$1.3B+7.5%	$1.2B-2.0%	$1.2B+24.8%	$987.2M+32.3%	$746.1M+12.9%	$660.9M-18.9%	$815.0M+27.9%	$637.5M+31.3%	$485.6M+64.2%	$295.8M
EPS (Basic)	$1.63+8.7%	$1.50-2.0%	$1.53+25.4%	$1.22+34.1%	$0.91+9.6%	$0.83-20.2%	$1.04+22.4%	$0.85+25.0%	$0.68+61.9%	$0.42
EPS (Diluted)	$1.60+8.8%	$1.47-1.3%	$1.49+23.1%	$1.21+33.0%	$0.91+9.6%	$0.83-20.2%	$1.04+22.4%	$0.85+25.0%	$0.68+61.9%	$0.42
Diluted Shares (Avg)	821M-2.1%	838M-0.1%	839M+2.3%	820M0.0%	820M+3.0%	796M+1.5%	784M+4.2%	753M+4.9%	718M+13.1%	635M

Metric	Q4'2510-K	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q4'1910-K	Q4'1810-K

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

ZTO Balance Sheet

ZTO quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Total Assets	$13.0B+2.9%	$12.7B+1.5%	$12.5B+9.4%	$11.4B+15.6%	$9.9B+8.6%	$9.1B+37.6%	$6.6B+14.2%	$5.8B+45.4%	$4.0B+17.8%	$3.4B
Current Assets	$4.9B+16.8%	$4.2B+9.5%	$3.8B+7.0%	$3.5B+21.1%	$2.9B-14.4%	$3.4B+18.5%	$2.9B-6.5%	$3.1B+62.3%	$1.9B+0.2%	$1.9B
Cash & Equivalents	$1.4B-22.4%	$1.8B+6.2%	$1.7B+2.5%	$1.7B+11.1%	$1.5B-30.0%	$2.2B+187.7%	$757.0M+12.6%	$672.3M-19.4%	$833.8M-48.7%	$1.6B
Short-Term Investments	$2.2B+84.3%	$1.2B+15.5%	$1.0B+25.9%	$834.2M+86.8%	$446.5M-21.1%	$565.6M-64.6%	$1.6B-19.3%	$2.0B+146.3%	$803.0M	$0
Inventory	$5.8M+10.0%	$5.3M+33.6%	$4.0M-32.7%	$5.9M-54.9%	$13.0M+60.1%	$8.1M+29.1%	$6.3M-1.2%	$6.4M+21.1%	$5.3M+7.6%	$4.9M
Accounts Receivable	$184.1M-10.6%	$206.0M+155.5%	$80.6M-32.1%	$118.7M-18.9%	$146.5M+28.1%	$114.3M+17.8%	$97.0M+11.8%	$86.8M+96.3%	$44.2M+55.3%	$28.5M
Long-Term Investments	$746.6M-54.7%	$1.6B-4.0%	$1.7B+61.5%	$1.1B+457.1%	$190.6M-32.5%	$282.3M+107.7%	$135.9M-57.7%	$321.1M+242.3%	$93.8M+21.2%	$77.4M
Goodwill	$594.5M+2.3%	$581.1M-2.7%	$597.4M-2.9%	$615.0M-7.6%	$665.6M+2.4%	$650.0M+6.7%	$609.3M-1.2%	$616.9M-5.4%	$651.9M+8.9%	$598.7M
Total Liabilities	$3.4B-16.0%	$4.1B+2.4%	$4.0B+13.8%	$3.5B+60.5%	$2.2B+40.3%	$1.5B+44.0%	$1.1B+36.6%	$787.3M+16.8%	$674.2M+28.1%	$526.1M
Current Liabilities	$3.3B-15.6%	$3.9B+37.1%	$2.8B+18.8%	$2.4B+16.6%	$2.0B+42.4%	$1.4B+49.3%	$959.7M+28.3%	$747.8M+17.4%	$637.2M+25.6%	$507.3M
Non-Current Liabilities	$145.6M-23.6%	$190.7M-83.3%	$1.1B+3.2%	$1.1B+732.6%	$133.1M+14.7%	$116.1M+0.2%	$115.8M+192.9%	$39.5M+7.1%	$36.9M+96.5%	$18.8M
Total Equity	$9.5B+11.6%	$8.5B+0.9%	$8.4B+7.5%	$7.8B+2.6%	$7.6B+1.7%	$7.5B+36.4%	$5.5B+10.6%	$5.0B+51.1%	$3.3B+15.8%	$2.8B
Retained Earnings	$6.1B+14.6%	$5.4B+4.8%	$5.1B+19.7%	$4.3B+19.8%	$3.6B+10.6%	$3.2B+34.2%	$2.4B+49.5%	$1.6B+56.8%	$1.0B+102.8%	$505.5M

Metric	Q4'2510-K	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q4'1910-K	Q4'1810-K
Total Assets	$13.0B+2.9%	$12.7B+1.5%	$12.5B+9.4%	$11.4B+15.6%	$9.9B+8.6%	$9.1B+37.6%	$6.6B+14.2%	$5.8B+45.4%
Current Assets	$4.9B+16.8%	$4.2B+9.5%	$3.8B+7.0%	$3.5B+21.1%	$2.9B-14.4%	$3.4B+18.5%	$2.9B-6.5%	$3.1B+62.3%
Cash & Equivalents	$1.4B-22.4%	$1.8B+6.2%	$1.7B+2.5%	$1.7B+11.1%	$1.5B-30.0%	$2.2B+187.7%	$757.0M+12.6%	$672.3M-19.4%
Short-Term Investments	$2.2B+84.3%	$1.2B+15.5%	$1.0B+25.9%	$834.2M+86.8%	$446.5M-21.1%	$565.6M-64.6%	$1.6B-19.3%	$2.0B+146.3%
Inventory	$5.8M+10.0%	$5.3M+33.6%	$4.0M-32.7%	$5.9M-54.9%	$13.0M+60.1%	$8.1M+29.1%	$6.3M-1.2%	$6.4M+21.1%
Accounts Receivable	$184.1M-10.6%	$206.0M+155.5%	$80.6M-32.1%	$118.7M-18.9%	$146.5M+28.1%	$114.3M+17.8%	$97.0M+11.8%	$86.8M+96.3%
Long-Term Investments	$746.6M-54.7%	$1.6B-4.0%	$1.7B+61.5%	$1.1B+457.1%	$190.6M-32.5%	$282.3M+107.7%	$135.9M-57.7%	$321.1M+242.3%
Goodwill	$594.5M+2.3%	$581.1M-2.7%	$597.4M-2.9%	$615.0M-7.6%	$665.6M+2.4%	$650.0M+6.7%	$609.3M-1.2%	$616.9M-5.4%
Total Liabilities	$3.4B-16.0%	$4.1B+2.4%	$4.0B+13.8%	$3.5B+60.5%	$2.2B+40.3%	$1.5B+44.0%	$1.1B+36.6%	$787.3M+16.8%
Current Liabilities	$3.3B-15.6%	$3.9B+37.1%	$2.8B+18.8%	$2.4B+16.6%	$2.0B+42.4%	$1.4B+49.3%	$959.7M+28.3%	$747.8M+17.4%
Non-Current Liabilities	$145.6M-23.6%	$190.7M-83.3%	$1.1B+3.2%	$1.1B+732.6%	$133.1M+14.7%	$116.1M+0.2%	$115.8M+192.9%	$39.5M+7.1%
Total Equity	$9.5B+11.6%	$8.5B+0.9%	$8.4B+7.5%	$7.8B+2.6%	$7.6B+1.7%	$7.5B+36.4%	$5.5B+10.6%	$5.0B+51.1%
Retained Earnings	$6.1B+14.6%	$5.4B+4.8%	$5.1B+19.7%	$4.3B+19.8%	$3.6B+10.6%	$3.2B+34.2%	$2.4B+49.5%	$1.6B+56.8%

Not reported in any period shown, so not listed: Long-Term Debt.

ZTO Cash Flow Statement

ZTO quarterly cash flow statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Operating Cash Flow	$1.7B+9.3%	$1.6B-16.8%	$1.9B+13.1%	$1.7B+46.9%	$1.1B+49.3%	$758.7M-16.2%	$905.5M+41.4%	$640.5M+14.8%	$558.0M+52.7%	$365.3M
Depreciation & Amortization	$483.3M+16.7%	$414.2M+2.3%	$405.0M+4.6%	$387.2M+11.1%	$348.6M+23.6%	$282.1M+55.3%	$181.6M+46.3%	$124.2M+44.2%	$86.1M+84.0%	$46.8M
Stock-Based Compensation	$32.8M-24.9%	$43.7M+21.6%	$35.9M+38.4%	$25.9M-33.3%	$38.9M-3.9%	$40.5M-11.0%	$45.5M+25.4%	$36.3M+479.6%	$6.3M-64.5%	$17.6M
Capital Expenditures	$745.6M+4.5%	$713.5M-22.4%	$919.6M-10.3%	$1.0B-21.9%	$1.3B+18.3%	$1.1B+66.6%	$665.9M+37.7%	$483.4M+22.3%	$395.3M+38.2%	$286.1M
Free Cash Flow	$965.8M+13.3%	$852.3M-11.4%	$962.3M+50.4%	$639.6M+457.5%	-$178.9M+48.9%	-$350.4M-246.2%	$239.7M+52.5%	$157.1M-3.4%	$162.7M+105.2%	$79.3M
Investing Cash Flow	-$690.3M+15.8%	-$819.4M+52.5%	-$1.7B+25.8%	-$2.3B-69.3%	-$1.4B-152.6%	-$544.0M-3.3%	-$526.3M+71.9%	-$1.9B-46.9%	-$1.3B	N/A
Financing Cash Flow	-$1.5B-120.8%	-$684.3M-531.1%	-$108.4M-110.6%	$1.0B+324.6%	-$455.7M-135.7%	$1.3B+548.7%	-$284.7M-127.8%	$1.0B+727.8%	-$163.2M	N/A
Dividends Paid	$537.0M-30.1%	$767.9M+163.1%	$291.9M+52.2%	$191.8M-9.7%	$212.5M-15.9%	$252.8M+38.5%	$182.5M+40.2%	$130.2M	N/A	N/A
Share Buybacks	$179.1M+13.0%	$158.6M+11.9%	$141.8M+1056.4%	$12.3M-98.0%	$598.0M+217.6%	$188.3M+71.8%	$109.6M-2.1%	$112.0M-15.1%	$131.8M	N/A

Metric	Q4'2510-K	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q4'1910-K	Q4'1810-K

Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.

ZTO Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ZTO quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Gross Margin	25.0%-6.0pp	31.0%+0.6pp	30.4%+4.8pp	25.6%+3.9pp	21.7%-1.5pp	23.2%-6.8pp	29.9%-0.5pp	30.5%-2.8pp	33.3%-1.9pp	35.2%
Operating Margin	21.3%-5.3pp	26.6%+0.6pp	26.1%+4.2pp	21.9%+3.8pp	18.1%-0.8pp	18.9%-5.8pp	24.7%+0.1pp	24.6%-4.1pp	28.7%+0.4pp	28.3%
Net Margin	18.5%-1.4pp	19.9%-2.9pp	22.8%+3.5pp	19.3%+3.6pp	15.6%-1.5pp	17.1%-8.6pp	25.7%+0.8pp	24.9%+0.7pp	24.2%+3.2pp	21.0%
Return on Equity	13.7%-0.5pp	14.2%-0.4pp	14.6%+2.0pp	12.6%+2.8pp	9.8%+1.0pp	8.8%-6.0pp	14.8%+2.0pp	12.8%-1.9pp	14.7%+4.3pp	10.4%
Return on Assets	10.0%+0.4pp	9.6%-0.3pp	9.9%+1.2pp	8.7%+1.1pp	7.6%+0.3pp	7.3%-5.1pp	12.4%+1.3pp	11.1%-1.2pp	12.2%+3.5pp	8.8%
Current Ratio	1.49+0.4x	1.07-0.3x	1.34-0.1x	1.49+0.1x	1.44-1.0x	2.39-0.6x	3.01-1.1x	4.13+1.1x	2.99-0.8x	3.74
Debt-to-Equity	0.36-0.1x	0.480.0x	0.470.0x	0.45+0.2x	0.28+0.1x	0.210.0x	0.200.0x	0.160.0x	0.200.0x	0.18
Asset Turnover	0.54+0.1x	0.480.0x	0.430.0x	0.450.0x	0.48+0.1x	0.43-0.1x	0.480.0x	0.44-0.1x	0.51+0.1x	0.42
FCF Margin	13.8%-0.3pp	14.1%-3.7pp	17.8%+5.3pp	12.5%+16.2pp	-3.8%+5.3pp	-9.1%-16.6pp	7.5%+1.4pp	6.1%-2.0pp	8.1%+2.5pp	5.6%

Metric	Q4'2510-K	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q4'1910-K	Q4'1810-K
Current Ratio	1.49+0.4x	1.07-0.3x	1.34-0.1x	1.49+0.1x	1.44-1.0x	2.39-0.6x	3.01-1.1x	4.13+1.1x
Debt-to-Equity	0.36-0.1x	0.480.0x	0.470.0x	0.45+0.2x	0.28+0.1x	0.210.0x	0.200.0x	0.160.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
ZTO Express (Cayman) Inc. ZTO	FY2025	$7.0B	$1.3B	18.5%	$15.5B	72/100
Expeditors International of Washington, Inc. EXPD	FY2025	$11.1B	$810.3M	7.3%	$25.1B	65/100
C.H. Robinson Worldwide, Inc. CHRW	FY2025	$16.2B	$587.1M	3.6%	$16.3B	48/100
JB Hunt Transport Services Inc JBHT	FY2025	$12.0B	$598.3M	5.0%	$21.4B	48/100
FedEx Corporation FDX	FY2026	$94.7B	$4K	0.0%	$69.2B	51/100
United Parcel Service, Inc. UPS	FY2025	$88.7B	$5.6B	6.3%	$81.1B	48/100

Where ZTO Express (Cayman) Inc. Ranks

Frequently Asked Questions

What is ZTO Express (Cayman) Inc.'s annual revenue?

ZTO Express (Cayman) Inc. (ZTO) reported $7.0B in total revenue for fiscal year 2025. This represents a 15.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is ZTO Express (Cayman) Inc.'s revenue growing?

ZTO Express (Cayman) Inc. (ZTO) revenue grew by 15.7% year-over-year, from $6.1B to $7.0B in fiscal year 2025.

Is ZTO Express (Cayman) Inc. profitable?

Yes, ZTO Express (Cayman) Inc. (ZTO) reported a net income of $1.3B in fiscal year 2025, with a net profit margin of 18.5%.

What is ZTO Express (Cayman) Inc.'s EBITDA?

ZTO Express (Cayman) Inc. (ZTO) had EBITDA of $2.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is ZTO Express (Cayman) Inc.'s gross margin?

ZTO Express (Cayman) Inc. (ZTO) had a gross margin of 25.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is ZTO Express (Cayman) Inc.'s operating margin?

ZTO Express (Cayman) Inc. (ZTO) had an operating margin of 21.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is ZTO Express (Cayman) Inc.'s net profit margin?

ZTO Express (Cayman) Inc. (ZTO) had a net profit margin of 18.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is ZTO Express (Cayman) Inc.'s return on equity (ROE)?

ZTO Express (Cayman) Inc. (ZTO) has a return on equity of 13.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is ZTO Express (Cayman) Inc.'s free cash flow?

ZTO Express (Cayman) Inc. (ZTO) generated $965.8M in free cash flow during fiscal year 2025. This represents a 13.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is ZTO Express (Cayman) Inc.'s operating cash flow?

ZTO Express (Cayman) Inc. (ZTO) generated $1.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are ZTO Express (Cayman) Inc.'s total assets?

ZTO Express (Cayman) Inc. (ZTO) had $13.0B in total assets as of fiscal year 2025, including both current and long-term assets.

What are ZTO Express (Cayman) Inc.'s capital expenditures?

ZTO Express (Cayman) Inc. (ZTO) invested $745.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does ZTO Express (Cayman) Inc. buy back shares?

Yes, ZTO Express (Cayman) Inc. (ZTO) spent $179.1M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does ZTO Express (Cayman) Inc. have outstanding?

ZTO Express (Cayman) Inc. (ZTO) had 791M shares outstanding as of fiscal year 2025.

What is ZTO Express (Cayman) Inc.'s current ratio?

ZTO Express (Cayman) Inc. (ZTO) had a current ratio of 1.49 as of fiscal year 2025, which is considered adequate.

What is ZTO Express (Cayman) Inc.'s debt-to-equity ratio?

ZTO Express (Cayman) Inc. (ZTO) had a debt-to-equity ratio of 0.36 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is ZTO Express (Cayman) Inc.'s return on assets (ROA)?

ZTO Express (Cayman) Inc. (ZTO) had a return on assets of 10.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is ZTO Express (Cayman) Inc.'s P/E ratio?

ZTO Express (Cayman) Inc. (ZTO) trades at 11.9x earnings, its market capitalization divided by net income of $1.3B net income, FY2025. The market capitalization is $15.5B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is ZTO Express (Cayman) Inc.'s price-to-sales ratio?

ZTO Express (Cayman) Inc. (ZTO) trades at 2.2x sales, its market capitalization divided by revenue of $7.0B revenue, FY2025. The market capitalization is $15.5B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is ZTO Express (Cayman) Inc.'s Altman Z-Score?

ZTO Express (Cayman) Inc. (ZTO) has an Altman Z-Score of 4.44, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is ZTO Express (Cayman) Inc.'s Piotroski F-Score?

ZTO Express (Cayman) Inc. (ZTO) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are ZTO Express (Cayman) Inc.'s earnings high quality?

ZTO Express (Cayman) Inc. (ZTO) has an earnings quality ratio of 1.32x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can ZTO Express (Cayman) Inc. cover its interest payments?

ZTO Express (Cayman) Inc. (ZTO) has an interest coverage ratio of 42.13x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is ZTO Express (Cayman) Inc.?

ZTO Express (Cayman) Inc. (ZTO) scores 72 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.