Pricing Log in Create free account
Friday 6 November 2026 Export ZTO’s income statement to Excel — free account

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.

Revenue
+29.8%
EPS
+73.5%
Free cash flow
+121.4%
Total debt
+25.3%

Quarter to June 2026, against a year earlier

20.88 0.31 +1.51%
Market cap
$11.4B
P/E
11.0×
Fwd P/E
10.2×
Dividend yield
1.87%
F-score
7/9
Altman Z
4.65
Beneish M
−2.68
Dividend safety
68/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

ZTO Express (Cayman) Inc. (ZTO) Debt to equity

Alert me on Debt to equity

ZTO Express (Cayman) Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.3×, up 0.2× from fiscal 2025 (0.2×). Over the past ten years it has ranged from 0.0× (fiscal 2018) to 0.2× (fiscal 2023); the current reading is higher than 82% of that period. That is above the Integrated Freight & Logistics industry median of 0.1× and above the Industrials sector median of 0.3×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 0.2× 8.70%
FY2024 0.2× (38.14%)
FY2023 0.2× 9.70%
FY2022 0.2× 172.80%
FY2021 0.1× 108.12%
FY2020 0.0× 88.52%
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× (48.68%)
FY2016 0.0× (40.31%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.3× 0.35%
Mar 2026 0.3× 106.79%
Dec 2025 0.2× (9.49%)
Sep 2025 0.2× (35.70%)
36 more quarters

Against its own ten years

Low 0.0× High 0.2×
Ten-year median 0.0×
Current reading's percentile 82

Debt to equity against peers

Company Debt to equity
FDXF FedEx Freight Holding Company Inc. compare −17.5×
PBI Pitney Bowes Inc. compare −2.3×
EXPD Expeditors International of Washington, Inc. compare 0.0×
LSTR Landstar System, Inc. compare 0.1×
HUBG Hub Group, Inc. compare 0.1×
JBHT J.B. Hunt Transport Services, Inc. compare 0.3×
ZTO ZTO Express (Cayman) Inc. 0.3×
GXO GXO Logistics, Inc. compare 0.9×
CHRW C.H. Robinson Worldwide, Inc. compare 1.2×
Integrated Freight & Logistics industry median 0.1×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on ZTO