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

ZTO Express (Cayman) Inc. (ZTO) Return on invested capital

Alert me on Return on invested capital

ZTO Express (Cayman) Inc.'s return on invested capital over the twelve months to 30 June 2026 was 13.0%, up 0.6 percentage points from fiscal 2025 (12.5%). Over the past ten years it has ranged from 8.52% (fiscal 2021) to 21.9% (fiscal 2017); the current reading is higher than 45% of that period. That is above the Integrated Freight & Logistics industry median of 0.00% and above the Industrials sector median of 1.86%.

Return on invested capital, annual

Embed this chart

Annual newest first

Period Return on invested capital Change (points)
FY2025 12.5% (2.31)
FY2024 14.8% 3.31
FY2023 11.5% 1.45
FY2022 10.0% 1.49
FY2021 8.52% (0.49)
FY2020 9.01% (5.95)
FY2019 15.0% (1.91)
FY2018 16.9% (5.04)
FY2017 21.9% 1.00
FY2016 20.9% 3.30

Against its own ten years

Low 8.52% High 21.9%
Ten-year median 14.8%
Current reading's percentile 45

Return on invested capital against peers

Company Return on invested capital
EXPD Expeditors International of Washington, Inc. compare 67.0%
PBI Pitney Bowes Inc. compare 32.8%
LSTR Landstar System, Inc. compare 23.9%
CHRW C.H. Robinson Worldwide, Inc. compare 17.0%
ZTO ZTO Express (Cayman) Inc. 13.0%
JBHT J.B. Hunt Transport Services, Inc. compare 12.6%
HUBG Hub Group, Inc. compare 4.78%
GXO GXO Logistics, Inc. compare 3.48%
FDXF FedEx Freight Holding Company Inc. compare 0.00%
Integrated Freight & Logistics industry median 0.00%
Industrials sector median 1.86%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on ZTO