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

ZTO Express (Cayman) has disclosed FCF Margin across 12 years of filings, most recently posting 20.91% for Q1 2026.

• FCF Margin for Q1 2026 came in at 20.91%, down 75.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.98% (down 190.0% YoY), and the FY2025 annual result was 13.39%, down 66.0% from the prior year.
• FCF Margin came in at 20.91% for Q1 2026 at ZTO Express (Cayman), down from 29.13% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 44.36% in Q2 2022 to a low of 0.01% in Q1 2022.
• The 5-year median for FCF Margin is 28.54% (2024), against an average of 25.63%.
• Peak annual rise in FCF Margin reached 4434 bps in 2022, while the deepest fall reached 3277 bps in 2022.
• ZTO Express (Cayman)'s FCF Margin stood at 0.04% in 2022, then jumped by 96639 bps to 36.94% in 2023, then sank by 41 bps to 21.72% in 2024, then jumped by 34 bps to 29.13% in 2025, then retreated by 28 bps to 20.91% in 2026.
• The last three FCF Margin figures came in at 20.91% (Q1 2026), 29.13% (Q4 2025), and 26.92% (Q3 2025), per Business Quant data.