ZTO Express (Cayman) Inc. ZTOEF
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $7.02B, +15.7% YoY · Filed Apr 17, 2026
ZTO Express (Cayman) Inc. (ZTO) files with the SEC under industry code 4210, Trucking & Courier Services (No Air). In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $7.0 billion and net income of $1.3 billion. Free cash flow was $965.8 million. As of Dec 31, 2025 it held $4.4 billion in cash and investments and $1.6 billion in total debt.
Revenue
$7.02B
+15.7% vs prior year
Net income
$1.30B
+7.5% vs prior year
Operating cash flow
$1.71B
+9.3% vs prior year
Free cash flow
$965.83M
+13.3% vs prior year
EPS
$1.60
+8.8% vs prior year
Dividend per share
None
Shares outstanding
790.81M
-1.0% vs prior year
Net cash
$2.79B
FY 2025
Operating margin
21.3%
FY 2025
Company profile
- Industry
- Trucking & Courier Services (No Air) (SIC 4210)
- Listed as
- ZTO (NYSE), ZTOEF (OTC)
- Headquarters
- Shanghai, China
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1677250
Other Trucking & Courier Services (No Air) companies
- United Parcel Service Inc UPS
- TFI International Inc. TFII
- BingEx Ltd FLX
- Elite Express Holding Inc. ETS
- SHENGFENG DEVELOPMENT Ltd SFWL
- Toppoint Holdings Inc. TOPP
- Haoxin Holdings Ltd HXHX
- Tracx Logis Ltd. TRCX
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $7.0B | $6.1B | $5.4B | $5.1B | $4.8B |
| Operating income | $1.5B | $1.6B | $1.4B | $1.1B | $863.5M |
| Net income | $1.3B | $1.2B | $1.2B | $987.2M | $746.1M |
| Diluted EPS | $1.60 | $1.47 | $1.49 | $1.21 | $0.91 |
| Operating cash flow | $1.7B | $1.6B | $1.9B | $1.7B | $1.1B |
| Free cash flow | $965.8M | $852.3M | $962.3M | $639.6M | -$178.9M |
| Total assets | $13.0B | $12.7B | $12.5B | $11.4B | $9.9B |
| Total liabilities | $3.4B | $4.1B | $4.0B | $3.5B | $2.2B |
| Stockholders' equity | $9.5B | $8.5B | $8.4B | $7.8B | $7.6B |
| Cash and investments | $4.4B | $4.7B | $4.5B | $3.6B | $2.2B |
| Total debt | $1.6B | $1.4B | $1.2B | $889.4M | $669.4M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Nov 2, 2026 | Nov 2, 2026 |
| 6-K | Current report (foreign issuer) | Oct 26, 2026 | Oct 26, 2026 |
| 6-K | Current report (foreign issuer) | Oct 20, 2026 | Oct 20, 2026 |
| 6-K | Current report (foreign issuer) | Oct 16, 2026 | Oct 16, 2026 |
| 6-K | Current report (foreign issuer) | Oct 13, 2026 | Oct 13, 2026 |
| 6-K | Current report (foreign issuer) | Oct 5, 2026 | Oct 5, 2026 |
All 388 ZTO Express (Cayman) Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.