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) Operating margin
ZTO Express (Cayman) Inc.'s operating margin over the twelve months to 30 June 2026 was 21.0%, down 0.4 percentage points from fiscal 2025 (21.3%). Over the past ten years it has ranged from 18.1% (fiscal 2021) to 28.7% (fiscal 2017); the current reading is higher than 27% of that period. That is above the Integrated Freight & Logistics industry median of 0.92% and above the Industrials sector median of 5.21%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 21.3% | (5.27) |
| FY2024 | 26.6% | 0.55 |
| FY2023 | 26.1% | 4.18 |
| FY2022 | 21.9% | 3.77 |
| FY2021 | 18.1% | (0.76) |
| FY2020 | 18.9% | (5.85) |
| FY2019 | 24.7% | 0.10 |
| FY2018 | 24.6% | (4.09) |
| FY2017 | 28.7% | 0.41 |
| FY2016 | 28.3% | 3.16 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 22.2% | 3.03 |
| Mar 2026 | 19.2% | (2.78) |
| Dec 2025 | 21.9% | 1.67 |
| Sep 2025 | 20.3% | (0.65) |
| 38 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| PBI Pitney Bowes Inc. compare | 21.7% |
| ZTO ZTO Express (Cayman) Inc. | 21.0% |
| EXPD Expeditors International of Washington, Inc. compare | 10.1% |
| JBHT J.B. Hunt Transport Services, Inc. compare | 7.20% |
| CHRW C.H. Robinson Worldwide, Inc. compare | 4.86% |
| LSTR Landstar System, Inc. compare | 4.05% |
| HUBG Hub Group, Inc. compare | 3.83% |
| GXO GXO Logistics, Inc. compare | 2.21% |
| FDXF FedEx Freight Holding Company Inc. compare | — |
| Integrated Freight & Logistics industry median | 0.92% |
| Industrials sector median | 5.21% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on ZTO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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