ZTO Express (Cayman) (ZTO) Payables (2015 - 2026)
ZTO Express (Cayman) (ZTO) posted Payables of $2.3 billion for Q1 2026, up 18.5% sequentially from $1.9 billion in Q4 2025, and up 18.2% YoY from $1.9 billion in Q1 2025.
ZTO Express (Cayman) (ZTO) Payables (2015 - 2026) Analysis & Trends
ZTO Express (Cayman) has reported Payables for 12 years, with the latest figure at $2.3 billion in Q1 2026.
- Quarterly Payables rose 18.2% year-over-year to $2.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 18.2% YoY) and the FY2025 annual result came in at $1.9 billion, up 44.89% from the prior year.
- Payables advanced to $2.3 billion in Q1 2026 per ZTO's latest filing, from $1.9 billion in the prior quarter.
- Over five years, Payables peaked at $2.3 billion in Q1 2026 and troughed at $278.5 million in Q3 2022.
- A 5-year average of $1.5 billion and a median of $1.7 billion in 2024 frame the typical range for Payables.
- The widest YoY moves for Payables: up 104264.29% in 2022, down 8.97% in 2022.
- Over 5 years, Payables stood at $338.0 million in 2022, then soared by 324.2% to $1.4 billion in 2023, then climbed by 16.42% to $1.7 billion in 2024, then increased by 14.28% to $1.9 billion in 2025, then gained by 18.5% to $2.3 billion in 2026.
- According to Business Quant data, Payables over the past three periods registered $2.3 billion, $1.9 billion, and $2.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 87.24 Bn | 82.59 Bn | 19.65 Bn | 5.98 Bn |
| 2 | Fedex | 77.35 Bn | 64.04 Bn | 18.84 Bn | 5.07 Bn |
| 3 | Hunt J B Transport Services | 25.86 Bn | 25.86 Bn | - | 792.35 Mn |
| 4 | Expeditors International Of Washington | 24.43 Bn | 23.40 Bn | 1.09 Bn | 1.47 Bn |
| 5 | C. H. Robinson Worldwide | 17.04 Bn | 16.89 Bn | 1.11 Bn | 1.66 Bn |
| 6 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | 663.76 Mn |
| 7 | Landstar System | 6.19 Bn | 5.84 Bn | 308.86 Mn | 540.63 Mn |
| 8 | GXO Logistics | 5.22 Bn | 4.45 Bn | 508.00 Mn | 707.00 Mn |
| 9 | Pitney Bowes | 2.21 Bn | 1.93 Bn | 296.14 Mn | 743.25 Mn |
| 10 | Cryoport | 842.14 Mn | 445.45 Mn | 22.82 Mn | 16.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.26 Bn |
| Dec 31, 2025 | 1.91 Bn |
| Sep 30, 2025 | 2.20 Bn |
| Jun 30, 2025 | 1.86 Bn |
| Mar 31, 2025 | 1.91 Bn |
| Dec 31, 2024 | 1.67 Bn |
| Sep 30, 2024 | 2.12 Bn |
| Jun 30, 2024 | 1.74 Bn |
| Mar 31, 2024 | 1.94 Bn |
| Dec 31, 2023 | 1.43 Bn |
| Sep 30, 2023 | 1.59 Bn |
| Jun 30, 2023 | 1.23 Bn |
| Mar 31, 2023 | 628.36 Mn |
| Dec 31, 2022 | 338.04 Mn |
| Sep 30, 2022 | 278.50 Mn |
| Jun 30, 2022 | 1.09 Bn |
| Mar 31, 2022 | 480.68 Mn |
| Dec 31, 2021 | 333.65 Mn |
| Sep 30, 2021 | 305.93 Mn |
| Jun 30, 2021 | 302.02 Mn |