ZTO Express/$ZTO
1D1W1MYTD1Y5YMAX
Capital at risk
About ZTO Express
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 20.1% in 2026. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and a major shareholder with 78.7% voting rights as of March 31, 2026. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around a 9.3% interest.
- Ticker
- $ZTO
- Sector
- Mobility
- Primary listing
- NYSE
- Employees
- 23,888
- Headquarters
- Shanghai, China
- Website
- www.zto.com
ZTO Express Metrics
BasicAdvanced
$16B
10.76
$1.91
-0.22
$0.67
3.69%
Price and volume
Market cap
$16B
Beta
-0.22
52-week high
$26.20
52-week low
$18.11
Average daily volume
1.9M
Dividend rate
$0.67
Financial strength
Current ratio
1.672
Quick ratio
1.38
Long term debt to equity
16.206
Total debt to equity
34.579
Dividend payout ratio (TTM)
36.57%
Interest coverage (TTM)
56.36%
Profitability
EBITDA (TTM)
2,227.687
Gross margin (TTM)
25.10%
Net profit margin (TTM)
19.03%
Operating margin (TTM)
21.06%
Effective tax rate (TTM)
13.32%
Revenue per employee (TTM)
$338,380
Management effectiveness
Return on assets (TTM)
7.38%
Return on equity (TTM)
16.28%
Valuation
Price to earnings (TTM)
10.763
Price to revenue (TTM)
1.998
Price to book
0.25
Price to tangible book (TTM)
0.3
Price to free cash flow (TTM)
11.997
Free cash flow yield (TTM)
8.34%
Free cash flow per share (TTM)
1.718
Dividend yield (TTM)
3.25%
Forward dividend yield
3.69%
Growth
Revenue change (TTM)
17.03%
Earnings per share change (TTM)
21.14%
3-year revenue growth (CAGR)
13.03%
10-year revenue growth (CAGR)
21.32%
3-year earnings per share growth (CAGR)
8.40%
10-year earnings per share growth (CAGR)
17.74%
What the Analysts think about ZTO Express
Analyst ratings (Buy, Hold, Sell) for ZTO Express stock.
Analyst projections of the future price of ZTO Express stock.
Bulls say / Bears say
In Q1 2026 ZTO delivered revenues of RMB 13.28 billion, up 22.0% YoY, with gross profit rising 20.3% to RMB 3.24 billion, underscoring strong top-line momentum and cost control (PR Newswire).
Net cash provided by operating activities rose 18% YoY to RMB 2.79 billion in Q1 2026, bolstering liquidity for network expansion and technology investments (PR Newswire).
In April 2026 ZTO launched its first international A330P2F air cargo route to Europe in partnership with Malév Hungarian Airlines, enhancing cross-border logistics capacity and diversifying service offerings (Yicai Global).
Despite 22.0% revenue growth in Q1 2026, ZTO’s gross margin contracted 0.3 ppt to 24.4% and operating margin fell 2.9 ppt to 19.2%, signaling margin pressure from rising network partner costs (PR Newswire).
The phased implementation of social security policies for delivery workers in provinces like Guangdong and Shandong is expected to raise per‐parcel costs across ZTO’s network partners, potentially eroding unit economics (Sahm Capital).
The pricing of US$1.5 billion in convertible senior notes due 2031 at a 0.925% coupon to fund share repurchases carries potential dilution risk to future EPS upon conversion (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 19 Aug 2026.
ZTO Express Financial Performance
Revenues and expenses
ZTO Express Earnings Performance
Company profitability
Upcoming events
No upcoming events
ZTO Express News
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Funds containing ZTO Express
Fund name | Fund size | $ZTO weighting |
|---|---|---|
iShares Dow Jones China Offshore 50€EXXU | €42M | 0.58% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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