# ZTO Express (Cayman) share price today (ZTO Express (Cayman) Inc., ZTO)

> ZTO Express (Cayman) Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. ZTO · Industrials · Integrated Freight & Logistics · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/zto

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## Key numbers

- Business trend: Growing steadily, from fewer quarters than usual
- Price: $20.24 (+8.9% in a year)
- P/E: 10.7×, against its own history
- Revenue (Jun 2026): CNY 14.5 B (+23.0% on a year ago)
- Profit (Jun 2026): CNY 3.1 B (+57.4% on a year ago)
- Operating margin: 22.2% (+1.3 points on a year ago)
- ROE: 14%, FY25
- ROIC: 18.2%, against a 2.8% cost of capital: +15.4 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the ZTO Express (Cayman) share price today? ZTO Express (Cayman) Inc.'s share price was $20.24 at the close on 3 November 2026. It has been moving sideways for 12 weeks. That is 11.4% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 27 weeks running. In the last 52 weeks it traded between $19 and $26, and at that close it sat 20% of the way up from that low. Over the last 10 years the share price moved +19% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 1 May 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does ZTO Express (Cayman) pay? ZTO Express (Cayman) Inc. declared CNY 2.69 per local share for Dec 2025, and CNY 10.04 over the last four reported quarters. It reports in Chinese yuan, and one US-listed share can stand for several local shares, so we do not set this against the dollar price or show a yield. ## Which stock lists is ZTO Express (Cayman) on? ZTO Express (Cayman) is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is ZTO Express (Cayman) profitable? ZTO Express (Cayman) Inc. earned CNY 3.1 B of net profit in the Jun 2026 quarter, +57.4% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY25 profit was CNY 9.1 B. Over 4 years profit has grown 17.6% a year on average. That is 21.0% of the quarter's revenue. The same quarter a year earlier earned CNY 1.9 B. For the full year, FY25 profit was CNY 9.1 B (+3.0% on the year before). Why profit moved: revenue changed +23.0% on a year earlier and the margin moved +1.3 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +19.8% and revenue +17.1%. Profit and revenue are moving at about the same pace. This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## How much revenue does ZTO Express (Cayman) make, and is it growing? ZTO Express (Cayman) Inc. reported CNY 14.5 B of revenue in the Jun 2026 quarter, +23.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 12.7% a year on average. The last full year, FY25, came in at CNY 49.1 B. The last four reported quarters add to CNY 54.2 B. FY25 revenue was CNY 49.1 B, +10.9% on the year before. Recent pace: the last four quarters grew +17.1% on average, against 12.7% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +17.0%, against +15.9% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +18.5%, against +9.7% a year (accelerating). This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## How much of its sales does ZTO Express (Cayman) keep? ZTO Express (Cayman) Inc.'s operating margin was 22.2% in the Jun 2026 quarter, 1.3 percentage points higher than the same quarter a year ago. Across 5 years it has been between 18.1% and 26.6%. The latest quarter is within that range. Why the margin moved: operating margin changed +1.3 percentage points on the year while gross margin changed +0.8 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is ZTO Express (Cayman)'s profit turning into cash? Over the last 3 years, 138% of ZTO Express (Cayman) Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in CNY 12.0 B of operating cash against CNY 9.1 B of profit. After CNY 5.2 B of spending on assets, CNY 6.8 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## Where does ZTO Express (Cayman)'s cash go? ZTO Express (Cayman) Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent CNY 17.0 B on assets over the last 3 years. Averaged over those years that is 11.5% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: CNY 17.0 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## What is ZTO Express (Cayman)'s P/E ratio, and how does it compare with its own history? ZTO Express (Cayman) Inc.'s P/E is 10.7×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the ZTO Express (Cayman) business getting better or worse? ZTO Express (Cayman) Inc.'s business is growing steadily. Revenue and profit growth have stayed positive throughout, and ROCE is steady at 16.2%. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: steady growth with healthy returns is how a business compounds over time. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does ZTO Express (Cayman) earn on its capital? ZTO Express (Cayman) Inc. earned a ROE of 14% in FY25. That is up from a low of 10% in FY21. Its return on capital used (ROIC) is 15.4 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 18.5% net margin and 0.54× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 18.5% net margin × 0.54× asset turnover × 1.36× leverage (assets divided by equity) ≈ 13.6% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 18.2% − 2.8% = +15.4 percentage points. The 2.8% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 18.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 15.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does ZTO Express (Cayman) have too much debt? ZTO Express (Cayman) Inc. has total debt of CNY 22.0 B against shareholder equity of CNY 63.7 B as of Jun 2026, so its debt is 0.35× its equity. Year by year, that ratio went from 0.09 in FY21 to 0.17 in FY25. Keep that borrowing in mind when reading the returns on this page. This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## What is the ZTO Express (Cayman) shareholding pattern? We have no ownership or short-position figures for ZTO Express (Cayman) Inc., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 3.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is ZTO Express (Cayman) from balance-sheet trouble? For ZTO Express (Cayman) Inc., the Z-score is 3.75. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 3.75 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does ZTO Express (Cayman) rank in its industry? There is no score against its industry: ZTO Express (Cayman) Inc. is not among the largest members shown in this industry comparison for Integrated Freight & Logistics. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is ZTO Express (Cayman) compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to ZTO Express (Cayman) in size? ZTO Express (Cayman) is the 6th largest of 13 Integrated Freight & Logistics companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Expeditors International of Washington, Inc., J.B. Hunt Transport Services, Inc. and C.H. Robinson Worldwide, Inc. Just below it: GXO Logistics, Inc., Landstar System, Inc. and Pitney Bowes Inc. ### Integrated Freight & Logistics companies close in size

1. [Expeditors International of Washington, Inc.](https://www.sectoralpha.in/us/stocks/expd) $26.6 billion
2. [J.B. Hunt Transport Services, Inc.](https://www.sectoralpha.in/us/stocks/jbht) $20.9 billion
3. [C.H. Robinson Worldwide, Inc.](https://www.sectoralpha.in/us/stocks/chrw) $15.5 billion
4. ZTO Express (Cayman) Inc. $15.1 billion
5. [GXO Logistics, Inc.](https://www.sectoralpha.in/us/stocks/gxo) $6 billion
6. [Landstar System, Inc.](https://www.sectoralpha.in/us/stocks/lstr) $5.1 billion
7. [Pitney Bowes Inc.](https://www.sectoralpha.in/us/stocks/pbi) $2.1 billion

[All 13 Integrated Freight & Logistics companies, largest first](https://www.sectoralpha.in/us/sectors/integrated-freight-logistics#all-companies)

### Companies close in size in other industries

1. [DocuSign, Inc.](https://www.sectoralpha.in/us/stocks/docu) $15.3 billion · Software - Application
2. [Flutter Entertainment plc](https://www.sectoralpha.in/us/stocks/flut) $15.2 billion · Gambling
3. ZTO Express (Cayman) Inc. $15.2 billion
4. [UL Solutions Inc.](https://www.sectoralpha.in/us/stocks/uls) $15.2 billion · Specialty Business Services
5. [Carlisle Companies Incorporated](https://www.sectoralpha.in/us/stocks/csl) $15.1 billion · Building Products & Equipment

## What else do people ask about ZTO Express (Cayman)? ### What were ZTO Express (Cayman)'s latest quarterly results? ZTO Express (Cayman) Inc. reported revenue of CNY 14.5 B and net profit of CNY 3.1 B for the Jun 2026 quarter. Revenue rose 23.0% and profit rose 57.4% compared with a year earlier. The operating margin was 22.2%, 1.3 percentage points higher than a year earlier (as of 3 November 2026). ### What is ZTO Express (Cayman)'s market cap? ZTO Express (Cayman) Inc.'s market capitalisation is $15.1 B at a stock price of $20.24. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is ZTO Express (Cayman) performing? ZTO Express (Cayman) Inc.'s share price has been moving sideways for 12 weeks. In its latest quarter, revenue rose 23.0% and profit rose 57.4% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 27 weeks running (as of 3 November 2026). ### Will ZTO Express (Cayman)'s stock price go up? This page does not forecast ZTO Express (Cayman) Inc.'s stock price. What it shows instead: the stock price is $20.24, and it has been moving sideways for 12 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is ZTO Express (Cayman) in its business cycle? ZTO Express (Cayman) Inc.'s FY25 operating margin was 21.4%, against a 5-year range of 18.1% to 26.6%: the middle of its own range, neither a peak nor a low. The latest quarter was 22.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the ZTO Express (Cayman) story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is ZTO Express (Cayman) a stock worth studying right now? What the numbers show: ZTO Express (Cayman) Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.