ZTO Express (Cayman) Inc
Research ZTO Express (Cayman) Inc (ZTO) on Bullrun: valuation model: 4.9% overvalued, market cap USD 16.40B, P/E 13.4, dividend yield 1.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerZTO
- ExchangeNYSE
- CountryChina
- SectorIndustrials
- IndustryIntegrated Freight & Logistics
- CurrencyUSD
- Valuation signal4.9% overvalued
- Market capUSD 16.40B
- P/E13.4
- Dividend yield1.8%
- Financial periodQ1 2026
- RevenueCNY 13.28B
- Net incomeCNY 2.12B
- Free cash flowCNY 6.32B
- Gross margin96.5%
Valuation Snapshot
Bullrun's latest valuation model marks ZTO Express (Cayman) Inc as 4.9% overvalued; latest market cap is USD 16.40B; P/E is 13.4; dividend yield is 1.8%.
Peer valuation comparison
Latest P/E is 13.38x versus a Industrials sector median of 20.76x (35.6% below).
Latest dividend yield is 1.84% versus a Industrials sector median of 2.39% (23.0% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CNY 7.02B | CNY 1.30B | CNY 965.83M | 25.0% | 1.6 | CNY 1.43B | CNY 1.56B | CNY 9.49B |
| FY2024 | CNY 44.28B | CNY 8.82B | CNY 10.74B | 31.0% | 10.7 | CNY 13.47B | CNY 17.35B | CNY 62.06B |
| FY2023 | CNY 38.42B | CNY 8.75B | CNY 6.69B | 30.4% | 10.6 | CNY 12.33B | CNY 15.44B | CNY 59.80B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 16.40B | 13.4 | 1.8% | 0.39 |
| 2025 | 2025-12-31 | USD 16.52B | 13.5 | n/a | n/a |
| 2024 | 2024-12-31 | USD 15.61B | 13.2 | 5.0% | 0.97 |
| 2023 | 2023-12-29 | USD 17.12B | 14.4 | 1.7% | 0.37 |
| 2022 | 2022-12-30 | USD 21.76B | 22.4 | 0.9% | 0.25 |
| 2021 | 2021-12-31 | USD 22.81B | 31.4 | 0.9% | 0.25 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.39 USD, yield 1.8%.
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. It also offers less-than-truckload (LTL) logistics services; integrated logistics solutions for warehousing, distribution, and transportation; and freight forwarding services. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.
Related stock research
Other Industrials stocks
Frequently asked questions
Is ZTO Express (Cayman) Inc overvalued or undervalued?
Bullrun's valuation model currently marks ZTO Express (Cayman) Inc as 4.9% overvalued.
What is ZTO Express (Cayman) Inc's market cap?
ZTO Express (Cayman) Inc's market capitalization is USD 16.40B.
What is ZTO Express (Cayman) Inc's P/E ratio?
ZTO Express (Cayman) Inc's price-to-earnings (P/E) ratio is 13.4.
Does ZTO Express (Cayman) Inc pay a dividend?
ZTO Express (Cayman) Inc has a dividend yield of 1.8%.
What does ZTO Express (Cayman) Inc do?
ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. It also offers less-than-truckload (LTL) logistics services; integrated logistics solutions for warehousing, distribution, and transportation; and freight forwarding services. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.