# ZTO Express (Cayman) Inc. (ZTO)

Source page: https://stoqly.net/companies/zto

- **Ticker:** ZTO (NYSE)
- **Sector:** Industrials / Trucking & Courier Services (No Air)
- **SEC CIK:** 0001677250
- **Latest annual report:** 20-F filed 2026-04-17 (https://www.sec.gov/Archives/edgar/data/1677250/000110465926044613/zto-20251231x20f.htm)
- **Data updated:** 2026-11-01

## Key figures

- **Last close:** $20.15 on 2026-10-30
- **Market cap:** $16.5B
- **P/E (trailing):** 12.9x
- **EPS, trailing 12 months:** $1.56
- **Revenue (FY2025):** $6.8B
- **Revenue growth:** +11.0%
- **Revenue growth, 5-year CAGR:** +13.3%
- **Gross margin:** 25.0%
- **Operating margin:** 21.3%
- **Net margin:** 18.5%
- **Free cash flow:** $940M
- **Free cash flow margin:** 13.8%
- **Return on invested capital:** 16.3%
- **Return on equity:** 14.0%
- **Net debt:** −$2.1B
- **Net debt / EBITDA:** −1.1x
- **Change in share count:** −2.1%
- **Piotroski F-score:** 7/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/zto/figures.csv

| US$ millions | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 1,473 | 1,932 | 2,660 | 3,200 | 3,653 | 4,714 | 5,254 | 5,424 | 6,153 | 6,831 |
| Operating income | 417 | 555 | 655 | 791 | 689 | 853 | 1,149 | 1,413 | 1,636 | 1,457 |
| Net income | 309 | 468 | 662 | 821 | 625 | 737 | 1,011 | 1,235 | 1,225 | 1,263 |
| Diluted EPS (US$) | 0.44 | 0.65 | 0.88 | 1.05 | 0.79 | 0.90 | 1.24 | 1.50 | 1.49 | 1.56 |
| Operating cash flow | 387 | 537 | 666 | 912 | 717 | 1,119 | 1,705 | 1,886 | 1,588 | 1,665 |
| Free cash flow | 88 | 157 | 163 | 241 | -331 | -177 | 655 | 965 | 864 | 940 |
| Cash | 1,625 | 1,637 | 2,649 | 2,353 | 2,738 | 1,978 | 2,529 | 2,785 | 3,057 | 3,661 |
| Debt and leases | 65 | 38 | — | — | 219 | 544 | 782 | 1,093 | 1,303 | 1,562 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.