ZTO Express (Cayman) (ZTO) Invested Capital (2015 - 2026)
ZTO Express (Cayman) (ZTO) posted Invested Capital of $11.07 billion for the quarter ended Jun 30, 2026, up 5.2% from $10.52 billion a year earlier and up 3.6% from the prior quarter.
ZTO Express (Cayman) (ZTO) Invested Capital (2015 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, ZTO Express (Cayman)'s Invested Capital came in at $10.87 billion, up 9.9% from the prior year.
- Annual Invested Capital has increased for five consecutive years, with a five-year compound annual growth rate of 8.7% (years ended Dec 2020 to Dec 2025).
- In prior years, ZTO Express (Cayman)'s Invested Capital was $9.89 billion in the year ended Dec 31, 2024 (+3.2%), $9.58 billion in the year ended Dec 31, 2023 (+20.9%), $7.93 billion in the year ended Dec 31, 2022 (+2.9%) and $7.71 billion in the year ended Dec 31, 2021 (+7.5%).
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Invested Capital in data going back to the quarter ended Dec 31, 2015.
- On a year-over-year basis, Invested Capital has increased in each of the last 22 quarters, with growth averaging 7.1% over the last eight quarters.
- Over the past five years, the year-over-year growth in Invested Capital ranged from 0.1% (the quarter ended Dec 31, 2022) to 22.9% (the quarter ended Dec 31, 2023).
- According to Business Quant data, Invested Capital for the three prior quarters was $10.68 billion (quarter ended Mar 31, 2026), $11.01 billion (quarter ended Dec 31, 2025) and $10.78 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 51.00 Bn |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 32.95 Bn |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 52.60 Bn |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 32.87 Bn |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 39.58 Bn |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 57.36 Bn |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 36.87 Bn |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 4.57 Bn |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 43.16 Bn |
| 10 | ZTO Express (Cayman) | 15.42 Bn | -712.48 Mn | 550.21 Mn | 11.07 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.07 Bn |
| Mar 31, 2026 | 10.68 Bn |
| Dec 31, 2025 | 11.01 Bn |
| Sep 30, 2025 | 10.78 Bn |
| Jun 30, 2025 | 10.52 Bn |
| Mar 31, 2025 | 9.93 Bn |
| Dec 31, 2024 | 10.05 Bn |
| Sep 30, 2024 | 10.24 Bn |
| Jun 30, 2024 | 9.82 Bn |
| Mar 31, 2024 | 9.29 Bn |
| Dec 31, 2023 | 9.45 Bn |
| Sep 30, 2023 | 9.39 Bn |
| Jun 30, 2023 | 8.69 Bn |
| Mar 31, 2023 | 7.89 Bn |
| Dec 31, 2022 | 7.69 Bn |
| Sep 30, 2022 | 7.69 Bn |
| Jun 30, 2022 | 8.56 Bn |
| Mar 31, 2022 | 7.68 Bn |
| Dec 31, 2021 | 7.68 Bn |
| Sep 30, 2021 | 7.36 Bn |
ZTO Express (Cayman) Invested Capital 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=invested-capital&ticker=ZTO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ZTO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();