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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on Invested CapitalReturn on SalesTimes Interest Earned

ZTO Express (Cayman) (ZTO) EBITDA Margin (2016 - 2025)

ZTO Express (Cayman)'s EBITDA Margin history spans 11 years, with the latest figure at 18.4% for Q4 2025.

  • On a quarterly basis, EBITDA Margin rose 42.0% to 18.4% in Q4 2025 year-over-year; TTM through Dec 2025 was 18.84%, a 102.0% decrease, with the full-year FY2025 number at 18.84%, down 100.0% from a year prior.
  • EBITDA Margin hit 18.4% in Q4 2025 for ZTO Express (Cayman), down from 21.28% in the prior quarter.
  • Over the last five years, EBITDA Margin for ZTO hit a ceiling of 25.53% in Q3 2023 and a floor of 8.52% in Q1 2021.
  • Historically, EBITDA Margin has averaged 18.94% across 5 years, with a median of 18.79% in 2021.
  • Biggest five-year swings in EBITDA Margin: soared 1037bps in 2021 and later plummeted -708bps in 2025.
  • Tracing ZTO's EBITDA Margin over 5 years: stood at 18.77% in 2021, then rose by 17bps to 21.93% in 2022, then decreased by -2bps to 21.47% in 2023, then decreased by -16bps to 17.98% in 2024, then rose by 2bps to 18.4% in 2025.
  • Business Quant data shows EBITDA Margin for ZTO at 18.4% in Q4 2025, 21.28% in Q3 2025, and 16.96% in Q2 2025.