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ZT

ZTO Express (Cayman) Inc.

ZTOIndustrialsNASDAQ

Integrated Freight & Logistics · Last scanned May 30, 2026

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Financials · Annual
Revenue
$49.10B
+10.9% YoY
Net Income
$9.08B
+3.0% YoY
EBITDA
$14.68B
-2.4% YoY
Free Cash Flow
$3.53B

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About ZTO Express (Cayman) Inc.

ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. With a market capitalization of $16.95B, it sits in large-cap territory. It also offers less-than-truckload (LTL) logistics services; integrated logistics solutions for warehousing, distribution, and transportation; and freight forwarding services.

Key stats
Market Cap$16.95B
P/E (TTM)13.17
Fwd P/E9.76
EPS$1.69
Beta-0.18
52W Change+28.7%
Dividend Yield3.12%
ROE14.9%
Analysis

ZTO Express (Cayman) Inc. holds $30.49B in cash against $21.79B in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow comes in at $3.53B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 14.9%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 7.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $35.38B (2022) to $49.10B (2025), reflecting a 39% increase over the period.

ZTO's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence ZTO Express (Cayman) Inc.'s trajectory.

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