ZTO Express (Cayman) (ZTO) Operating Leases (2019 - 2026)

ZTO Express (Cayman) has disclosed Operating Leases across 8 years of filings, most recently posting $17.5 million for Q1 2026.

• Operating Leases for Q1 2026 came in at $17.5 million, down 28.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $17.5 million (down 28.19% YoY), and the FY2025 annual result was $37.4 million, down 27.8% from the prior year.
• Operating Leases came in at $17.5 million for Q1 2026 at ZTO Express (Cayman), down from $19.7 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $72.5 million in Q2 2022 to a low of $17.5 million in Q1 2026.
• The 5-year median for Operating Leases is $31.7 million (2022), against an average of $35.7 million.
• Across the five-year window, Operating Leases jumped 101520.69% in 2022 and plunged 62.52% in 2025, its largest moves.
• ZTO Express (Cayman)'s Operating Leases stood at $71.8 million in 2022, then decreased by 11.76% to $63.3 million in 2023, then retreated by 16.95% to $52.6 million in 2024, then slumped by 62.52% to $19.7 million in 2025, then decreased by 11.45% to $17.5 million in 2026.
• The last three Operating Leases figures came in at $17.5 million (Q1 2026), $19.7 million (Q4 2025), and $21.4 million (Q3 2025), per Business Quant data.