stockrowZTO 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
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ZTO Express (Cayman) Inc. (ZTO) Gross margin
ZTO Express (Cayman) Inc.'s gross margin over the twelve months to 30 June 2026 was 25.1%, up 0.1 percentage points from fiscal 2025 (25.0%). Over the past ten years it has ranged from 21.7% (fiscal 2021) to 35.2% (fiscal 2016); the current reading is higher than 27% of that period. That is in line with the Integrated Freight & Logistics industry median of 25.1% and below the Industrials sector median of 30.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 25.0% | (5.99) |
| FY2024 | 31.0% | 0.62 |
| FY2023 | 30.4% | 4.81 |
| FY2022 | 25.6% | 3.88 |
| FY2021 | 21.7% | (1.48) |
| FY2020 | 23.2% | (6.80) |
| FY2019 | 30.0% | (0.52) |
| FY2018 | 30.5% | (2.80) |
| FY2017 | 33.3% | (1.90) |
| FY2016 | 35.2% | 0.87 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 25.7% | 1.30 |
| Mar 2026 | 24.4% | (0.98) |
| Dec 2025 | 25.3% | 0.43 |
| Sep 2025 | 24.9% | 0.02 |
| 38 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| PBI Pitney Bowes Inc. compare | 54.4% |
| JBHT J.B. Hunt Transport Services, Inc. compare | 42.8% |
| EXPD Expeditors International of Washington, Inc. compare | 31.7% |
| HUBG Hub Group, Inc. compare | 27.0% |
| ZTO ZTO Express (Cayman) Inc. | 25.1% |
| LSTR Landstar System, Inc. compare | 22.2% |
| CHRW C.H. Robinson Worldwide, Inc. compare | 15.7% |
| GXO GXO Logistics, Inc. compare | 15.0% |
| FDXF FedEx Freight Holding Company Inc. compare | — |
| Integrated Freight & Logistics industry median | 25.1% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on ZTO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement