ZTO Express (Cayman) (ZTO) Goodwill (2015 - 2026)
ZTO Express (Cayman)'s Goodwill came in at $612.68 million for the quarter ended Jun 30, 2026, up 5.6% from $580.31 million a year earlier and up 1.7% from the prior quarter.
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Analysis
ZTO Express (Cayman) (ZTO) Goodwill (2015 - 2026) Analysis & Trends
As of Dec 31, 2025, ZTO Express (Cayman)'s Goodwill was $594.46 million, up 2.3% from the prior year.
- Goodwill carries a five-year compound annual growth rate of -1.8% (years ended Dec 2020 to Dec 2025).
- Going back by year, Goodwill was $581.09 million in the year ended Dec 31, 2024 (-2.7%), $597.41 million in the year ended Dec 31, 2023 (-2.9%), $614.97 million in the year ended Dec 31, 2022 (-7.6%) and $665.59 million in the year ended Dec 31, 2021 (+2.4%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Goodwill since the quarter ended Mar 31, 2023.
- Year-over-year, Goodwill increased in four of the last eight quarters, with growth averaging 1.0%.
- The fastest year-over-year change in Goodwill over five years came in the quarter ended Jun 30, 2026 (growth of 5.6%), and the weakest in the quarter ended Dec 31, 2022 (a decline of 10.1%).
- Business Quant data shows ZTO's Goodwill at $602.66 million (quarter ended Mar 31, 2026), $586.12 million (quarter ended Dec 31, 2025) and $583.95 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn |
| 10 | ZTO Express (Cayman) | 15.37 Bn | -767.84 Mn | 550.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 612.68 Mn |
| Mar 31, 2026 | 602.66 Mn |
| Dec 31, 2025 | 586.12 Mn |
| Sep 30, 2025 | 583.95 Mn |
| Jun 30, 2025 | 580.31 Mn |
| Mar 31, 2025 | 584.50 Mn |
| Dec 31, 2024 | 590.49 Mn |
| Sep 30, 2024 | 604.42 Mn |
| Jun 30, 2024 | 583.66 Mn |
| Mar 31, 2024 | 587.45 Mn |
| Dec 31, 2023 | 589.10 Mn |
| Sep 30, 2023 | 581.35 Mn |
| Jun 30, 2023 | 584.94 Mn |
| Mar 31, 2023 | 617.62 Mn |
| Dec 31, 2022 | 596.38 Mn |
| Sep 30, 2022 | 596.27 Mn |
| Jun 30, 2022 | 620.64 Mn |
| Mar 31, 2022 | 669.09 Mn |
| Dec 31, 2021 | 663.42 Mn |
| Sep 30, 2021 | 658.28 Mn |
API Access
ZTO Express (Cayman) Goodwill 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=goodwill&ticker=ZTO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=ZTO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();