NYSE · Industrials

ZTO Express (Cayman) Inc. (ZTO)

ZTO Express (Cayman) Inc. reported revenue of $7B in fiscal 2025, up 15.7% from a year earlier. Net income was $1.3B, a net margin of 18.5%. Operating cash flow minus capital spending left $965.8M of free cash flow in fiscal 2025. At December 31, 2025 it held $1.4B in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 17, 2026.

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Price

$19.67

+0.92% on the day · September 28, 2026

52-week range $18.11 to $26.20

Market cap

$15.1B

Revenue (FY2025)

$7B

+15.7% year on year

Net margin

18.5%

What ZTO Express (Cayman) Inc. does

ZTO Express (Cayman) Inc. is registered with the SEC under industry code SIC 4210 (Trucking & Courier Services (No Air)). Its shares trade on NYSE under the ticker ZTO.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	$7B	$1.5B	$1.3B	$1.60	$965.8M
2024	$6.1B	$1.6B	$1.2B	$1.47	$852.3M
2023	$5.4B	$1.4B	$1.2B	$1.49	$962.3M
2022	$5.1B	$1.1B	$987.2M	$1.21	$639.6M
2021	$4.8B	$863.5M	$746.1M	$0.91	-$178.9M
2020	$3.9B	$728.6M	$660.9M	$0.83	-$350.4M

Full financial statements: income, balance sheet and cash flow

Where ZTO ranks in Industrials

Revenue$7B

#101 of 587 in Industrials · Top 17%

Revenue growth+15.7%

#120 of 519 in Industrials · Top 23%

Net margin18.5%

#37 of 521 in Industrials · Top 7%

Free cash flow margin13.8%

#88 of 487 in Industrials · Top 18%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Industrials

Dividends

It paid out $537M in cash dividends, 41% of its net income.

Fiscal year	Per share	Paid out	Of profit
2025	n/a	$537M	41%
2024	n/a	$767.9M	64%
2023	n/a	$291.9M	24%
2022	n/a	$191.8M	19%
2021	n/a	$212.5M	28%
2020	n/a	$252.8M	38%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What ZTO Express (Cayman) Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

September 21, 2026
Foreign issuer update 6-K
September 14, 2026
Foreign issuer update 6-K
September 11, 2026
Foreign issuer update 6-K
September 8, 2026
Foreign issuer update 6-K
August 31, 2026
Foreign issuer update 6-K
August 24, 2026
Foreign issuer update 6-K
August 19, 2026
Foreign issuer update 6-K
August 17, 2026
Foreign issuer update 6-K
August 4, 2026
Foreign issuer update 6-K
July 29, 2026
Foreign issuer update 6-K

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 28, 2026. Insider transactions on SEC

Insider trades

What the people running ZTO Express (Cayman) Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)

last 90 days

Sold

last 90 days

Date	Insider	What	Shares	Price	Value	Filing
March 23, 2026	Zhang JianfengVP of Public Relations	Exercised options	5,072	-	-	Form 4
March 23, 2026	Zhu JingxiPresident	Exercised options	15,172	-	-	Form 4
March 23, 2026	Zhu JingxiPresident	Exercised optionsindirect	237	-	-	Form 4
March 23, 2026	Hu HongqunChief Operating Officer, Director	Exercised options	14,218	-	-	Form 4
March 23, 2026	Lai JianchangVP of Overseas Operations	Exercised options	9,621	-	-	Form 4
March 23, 2026	Lai MeisongChief Executive Officer, Director	Exercised options	154,000	-	-	Form 4
March 23, 2026	Wang JileiVP of Infrastr. Mgmt., Director	Exercised options	13,108	-	-	Form 4
March 23, 2026	Yan HuipingChief Financial Officer	Exercised options	15,248	-	-	Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns ZTO

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

No holder of 5% or more has filed about this company in that window.

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

7 insiders reported holding 973,716 shares in total, about $19.2M at the last price.

Holder	Shares	As of
Zhu JingxiPresident	513,023480,698 held indirectly	March 23, 2026
Lai MeisongChief Executive Officer, Director	332,461	March 23, 2026
Yan HuipingChief Financial Officer	33,324	March 23, 2026
Hu HongqunChief Operating Officer, Director	31,448	March 23, 2026
Wang JileiVP of Infrastr. Mgmt., Director	28,646	March 23, 2026
Lai JianchangVP of Overseas Operations	21,082	March 23, 2026
Zhang JianfengVP of Public Relations	13,732	March 23, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about ZTO

What does ZTO Express (Cayman) Inc. do?

ZTO Express (Cayman) Inc. is registered with the SEC under industry code SIC 4210 (Trucking & Courier Services (No Air)). Its shares trade on NYSE under the ticker ZTO.

Is ZTO Express (Cayman) Inc. profitable?

Yes. In fiscal 2025 it reported net income of $1.3B on revenue of $7B, a net margin of 18.5%.

How much revenue does ZTO Express (Cayman) Inc. make?

In fiscal 2025 ZTO Express (Cayman) Inc. reported revenue of $7B. That is 15.7% more than a year earlier.

When did ZTO Express (Cayman) Inc. last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 17, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 21, 2026.

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Where the numbers come from

Financial figures are the values ZTO Express (Cayman) Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.