Growth Metrics

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

ZTO Express (Cayman)'s EBT Margin history spans 11 years, with the latest figure at 22.17% for Q4 2025.

  • On a quarterly basis, EBT Margin fell 512.0% to 22.17% in Q4 2025 year-over-year; TTM through Dec 2025 was 21.75%, a 546.0% decrease, with the full-year FY2025 number at 22.51%, down 385.0% from a year prior.
  • EBT Margin hit 22.17% in Q4 2025 for ZTO Express (Cayman), up from 20.62% in the prior quarter.
  • Over the last five years, EBT Margin for ZTO hit a ceiling of 31.06% in Q2 2024 and a floor of 10.02% in Q1 2021.
  • Historically, EBT Margin has averaged 23.22% across 5 years, with a median of 23.12% in 2025.
  • Biggest five-year swings in EBT Margin: crashed -2562418bps in 2021 and later skyrocketed 774bps in 2023.
  • Tracing ZTO's EBT Margin over 5 years: stood at 22.55% in 2021, then increased by 14bps to 25.69% in 2022, then increased by 3bps to 26.53% in 2023, then increased by 3bps to 27.28% in 2024, then decreased by -19bps to 22.17% in 2025.
  • Business Quant data shows EBT Margin for ZTO at 22.17% in Q4 2025, 20.62% in Q3 2025, and 21.54% in Q2 2025.