ZTO Express (Cayman) (ZTO) EBT Margin (2015 - 2026)

ZTO Express (Cayman) has disclosed EBT Margin across 12 years of filings, most recently posting 19.46% for Q1 2026.

• EBT Margin for Q1 2026 came in at 19.46%, down 322.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.96% (down 596.0% YoY), and the FY2025 annual result was 22.51%, down 385.0% from the prior year.
• EBT Margin came in at 19.46% for Q1 2026 at ZTO Express (Cayman), down from 22.17% in the prior quarter.
• In the past five years, EBT Margin ranged from a high of 31.06% in Q2 2024 to a low of 14.86% in Q1 2022.
• The 5-year median for EBT Margin is 23.6% (2024), against an average of 24.23%.
• Across the five-year window, EBT Margin surged 774 bps in 2023 and tumbled 952 bps in 2025, its largest moves.
• ZTO Express (Cayman)'s EBT Margin stood at 25.69% in 2022, then gained by 3 bps to 26.53% in 2023, then gained by 3 bps to 27.28% in 2024, then retreated by 19 bps to 22.17% in 2025, then slipped by 12 bps to 19.46% in 2026.
• The last three EBT Margin figures came in at 19.46% (Q1 2026), 22.17% (Q4 2025), and 20.62% (Q3 2025), per Business Quant data.