Sunday 11 October 2026 Export all ZTO data to Excel Powerpack

ZTO Express (Cayman) Inc.

ZTO Industrials Integrated Freight & Logistics

ZTO Express (Cayman) Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.0 billion, up 15.7% from fiscal 2024. In the quarter to June 2026, revenue grew 29.8%, EPS grew 73.5%, free cash flow grew 121.4% and total debt rose 25.3%, each against the same quarter a year earlier. Revenue growth for ten consecutive years.

20.15 0.25 +1.26%

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Market cap: $10.9B
P/E: 10.6×
Fwd P/E: 11.3×
Dividend yield: 1.94%
F-score: 7/9
Altman Z: 4.65
Beneish M: −2.68
Dividend safety: 68/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
P/E ratio Full definition →	29.73	24.88	18.20	22.45	36.45	31.36	22.23	13.71	12.78	13.14
Piotroski F-Score Full definition →	—	5	5	4	4	5	7	7	7	7
Altman Z-Score Full definition →	10.25	11.84	10.75	11.95	10.45	7.78	5.17	4.07	3.84	4.65
P/S ratio Full definition →	6.18	5.87	4.65	5.76	6.01	4.85	4.35	3.09	2.59	2.37
Altman Z″-Score (non-manufacturers) Full definition →	9.67	9.04	10.95	9.29	8.24	6.07	4.94	4.85	4.60	6.06
P/FCF ratio Full definition →	0.00	21.10	18.58	0.00	0.00	0.00	0.00	0.00	0.00	0.00
P/Operating CF Full definition →	35.19	53.90	45.47	53.88	70.33	48.03	38.44	28.42	46.69	26.71
Beneish M-Score Full definition →	(1.10)	(1.84)	(0.97)	(2.45)	(2.24)	(2.16)	(3.11)	(2.87)	(2.20)	(2.68)
Dividend Safety Score Full definition →	—	—	—	—	—	—	—	—	—	68
P/B ratio Full definition →	6.76	3.57	2.39	3.32	3.09	3.01	2.83	1.97	1.83	1.74
Price to Tangible BV Full definition →	23.97	4.93	2.92	4.03	3.74	3.75	3.44	2.36	2.20	2.07
EV/Sales Full definition →	5.95	5.04	3.63	5.06	5.37	4.57	4.18	2.94	2.47	2.08
EV/EBITDA Full definition →	7.42	17.57	14.74	20.48	28.47	25.24	19.10	11.29	9.28	9.73
EV/Operating CF Full definition →	0.00	18.14	14.50	17.74	27.34	19.23	12.87	8.46	9.56	8.52
EV/FCF Full definition →	0.00	18.14	14.50	(20.11)	(8.18)	(7.17)	(7.79)	(13.11)	(12.81)	(19.37)
Quick Ratio Full definition →	3.44	2.74	3.76	2.63	2.06	1.13	1.23	1.11	0.89	1.21
Current Ratio Full definition →	3.74	2.99	4.13	3.01	2.39	1.44	1.49	1.34	1.07	1.49
Net Debt/EBITDA Full definition →	(3.71)	(2.49)	(3.51)	(2.32)	(2.44)	(1.11)	(0.59)	(0.44)	(0.87)	(1.05)
Debt/Assets Full definition →	1.92%	0.97%	0.00%	1.75%	3.27%	6.39%	15.52%	16.72%	10.30%	12.17%
Debt/Equity Full definition →	0.02	0.01	0.00	0.02	0.04	0.08	0.22	0.25	0.15	0.17
Asset Turnover Full definition →	0.57	0.55	0.53	0.51	0.49	0.50	0.48	0.45	0.48	0.55
Operating CF/Net income Full definition →	1.32	1.15	1.00	1.11	1.15	1.52	1.69	1.53	1.30	1.32
Capex/Depreciation Full definition →	(8.27)	(5.04)	(4.58)	(4.13)	(5.00)	(4.15)	(2.73)	(2.27)	(1.90)	(1.74)
Interest Coverage Full definition →	213.27	239.25	5,576.07	9.21	134.66	43.50	40.61	34.57	34.85	42.13
ROE Full definition →	14.84%	15.82%	15.40%	15.52%	10.14%	9.82%	12.68%	15.04%	14.15%	14.28%
ROA Full definition →	11.15%	13.23%	13.09%	13.18%	8.44%	7.89%	9.30%	10.34%	9.62%	10.12%
ROIC Full definition →	20.91%	21.91%	16.87%	14.96%	9.01%	8.52%	10.01%	11.46%	14.77%	12.46%
Return on Tangible Assets Full definition →	13.99%	21.49%	17.44%	21.92%	13.67%	15.54%	18.46%	22.39%	24.49%	19.52%
Average Days of Receivables Full definition →	7.38	9.83	23.12	19.59	17.92	24.55	18.27	16.23	22.11	14.59
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	7.21%	5.98%	6.88%	6.99%	6.60%	6.17%	5.87%	6.31%	6.07%	5.37%
Intangible Assets out of Total Assets Full definition →	0.23	0.23	0.16	0.15	0.15	0.15	0.12	0.11	0.11	0.12
Share Based Compensation of Revenue Full definition →	1.25%	0.31%	1.42%	1.43%	1.05%	0.82%	0.51%	0.66%	0.72%	0.47%
Graham Net Nets Full definition →	0.00	0.10	0.19	0.10	0.08	0.03	0.00	(0.01)	0.01	0.09
Graham Number Full definition →	0.00	8.26	11.39	12.83	13.04	13.77	16.50	18.90	19.16	20.75
Earnings Yield Full definition →	3.36%	4.02%	5.50%	4.45%	2.74%	3.19%	4.50%	7.29%	7.83%	7.61%
Free Cash Flow Yield Full definition →	0.00%	4.74%	5.38%	(4.36%)	(10.93%)	(13.13%)	(12.32%)	(7.27%)	(7.43%)	(4.52%)
Revenue per Share Full definition →	2.22	2.80	3.41	4.05	4.85	5.82	6.34	6.70	7.54	8.80
Operating CF per Share Full definition →	0.58	0.78	0.85	1.16	0.95	1.38	2.06	2.33	1.95	2.15
Capex per Share Full definition →	(0.61)	(0.61)	(0.76)	(0.96)	(1.77)	(1.76)	(1.31)	(1.14)	(0.98)	(1.05)
Free Cash Flow per Share Full definition →	(0.03)	0.17	0.10	0.20	(0.82)	(0.38)	0.75	1.19	0.97	1.09
Cash per Share Full definition →	2.71	2.36	3.53	3.00	3.47	2.41	3.29	3.57	3.80	4.60
Shareholders Equity per Share Full definition →	4.48	4.60	6.63	7.04	9.45	9.36	9.76	10.51	10.67	12.04
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	4.48	4.60	6.63	7.04	9.45	9.36	9.76	10.51	10.67	12.04
Free Cash Flow Full definition →	(21.99)	123.57	71.92	154.81	(652.45)	(312.16)	605.97	962.66	779.76	871.10
Working Capital Full definition →	1,391.84	1,265.21	2,340.57	1,927.28	1,988.82	889.75	1,170.00	970.77	285.03	1,586.65
Capital Expenditures Full definition →	(387.33)	(434.46)	(568.62)	(750.73)	(1,411.18)	(1,445.17)	(1,058.37)	(919.20)	(786.07)	(840.36)
Net Current Asset Value Full definition →	1,373.04	1,228.28	2,301.03	1,811.48	1,872.73	756.61	61.46	(173.42)	94.29	1,441.01
EV/EBIT Full definition →	7.42	17.57	14.74	20.48	28.47	25.24	19.10	11.29	9.28	9.73
Capex to Sales Full definition →	0.27	0.22	0.22	0.24	0.37	0.30	0.21	0.17	0.13	0.12
Price to Operating Income Full definition →	7.71	20.44	18.89	23.33	31.86	26.80	19.90	11.86	9.75	11.12
Other line items
Depreciation/Fixed assets Full definition →	0.08	0.09	0.09	0.10	0.10	0.09	0.09	0.09	0.09	0.10
Cash ROIC Full definition →	(0.48%)	2.46%	0.94%	1.94%	(6.16%)	(3.04%)	4.92%	7.15%	6.02%	5.86%
Accounts Receivable Turnover Full definition →	75.61	48.62	23.68	19.10	21.46	18.69	17.76	21.77	19.95	21.67
Accounts Payable Turnover Full definition →	13.45	11.73	10.87	11.05	12.84	13.40	12.19	11.09	12.00	14.92
Inventory Turnover Full definition →	251.93	263.87	306.06	351.20	411.57	353.39	404.19	766.67	906.52	949.13
Average Days of Payables Full definition →	36.61	37.24	39.12	34.77	30.81	30.00	30.53	34.88	29.42	25.54
Days of Inventory on Hand Full definition →	1.95	1.43	1.31	1.03	1.00	1.27	0.56	0.38	0.46	0.40
Average Receivables Full definition →	18.65	41.29	108.12	166.31	180.11	255.32	288.78	248.62	304.02	324.05
Average Payables Full definition →	67.97	114.16	163.73	201.35	231.31	278.95	313.27	339.75	348.82	353.01
Average Inventory Full definition →	3.63	5.08	5.82	6.34	7.22	10.58	9.45	4.92	4.62	5.55
Average Assets Full definition →	2,481.57	3,670.24	4,870.63	6,181.70	7,832.64	9,461.94	10,617.60	11,922.46	12,555.32	12,833.42
Average Common Equity Full definition →	1,863.93	3,070.08	4,139.88	5,250.30	6,520.58	7,601.33	7,787.79	8,194.04	8,538.37	9,093.40

Fold the line items

Columns are period end dates

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