ZTO Express (Cayman) (ZTO) EBT Margin (2015 - 2026)
ZTO Express (Cayman) (ZTO) reported EBT Margin of 22.59% for the quarter ended Jun 30, 2026, up 1.05 percentage points from 21.54% a year earlier and up 3.13 percentage points from the prior quarter.
ZTO Express (Cayman) (ZTO) EBT Margin (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, ZTO Express (Cayman)'s EBT Margin came in at 21.29%, down 3.44 percentage points year-over-year; for the year ended Dec 31, 2025, it was 22.51%, down 3.85 percentage points from the prior year.
- EBT Margin has a five-year change of +2.54 percentage points (years ended Dec 2020 to Dec 2025).
- By year, EBT Margin came in at 26.37% in the year ended Dec 31, 2024 (-1.45 pp), 27.82% in the year ended Dec 31, 2023 (+4.40 pp), 23.42% in the year ended Dec 31, 2022 (+3.58 pp) and 19.84% in the year ended Dec 31, 2021 (-0.13 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly EBT Margin since the quarter ended Mar 31, 2025.
- Year over year, EBT Margin gained in 1 of the last eight quarters, with an average year-over-year change of -7.12 percentage points.
- The high point for year-over-year EBT Margin in five years was the quarter ended Mar 31, 2023 (a gain of 9.68 percentage points); the low point was the quarter ended Mar 31, 2025 (a drop of 14.07 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 19.46% (quarter ended Mar 31, 2026), 22.17% (quarter ended Dec 31, 2025) and 20.62% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 37.22% |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 33.55% |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 32.64% |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 3.33% |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 27.68% |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 8.43% |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 10.17% |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 30.08% |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 13.52% |
| 10 | ZTO Express (Cayman) | 15.37 Bn | -767.84 Mn | 550.21 Mn | 22.59% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.59% |
| Mar 31, 2026 | 19.46% |
| Dec 31, 2025 | 22.17% |
| Sep 30, 2025 | 20.62% |
| Jun 30, 2025 | 21.54% |
| Mar 31, 2025 | 22.68% |
| Dec 31, 2024 | 27.28% |
| Sep 30, 2024 | 27.24% |
| Jun 30, 2024 | 31.06% |
| Mar 31, 2024 | 36.75% |
| Dec 31, 2023 | 36.06% |
| Sep 30, 2023 | 37.89% |
| Jun 30, 2023 | 30.30% |
| Mar 31, 2023 | 35.01% |
| Dec 31, 2022 | 34.42% |
| Sep 30, 2022 | 33.51% |
| Jun 30, 2022 | 23.57% |
| Mar 31, 2022 | 25.33% |
| Dec 31, 2021 | 29.72% |
| Sep 30, 2021 | 26.52% |
ZTO Express (Cayman) EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=ZTO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "ZTO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=ZTO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();