ZTO Express (Cayman) (ZTO) Shares Outstanding (Diluted) (2015 - 2026)
ZTO Express (Cayman) (ZTO) recorded Shares Outstanding (Diluted) of 820.8 million in the quarter ended Jun 30, 2026, down 2.1% from 838.44 million a year earlier and unchanged from the prior quarter.
ZTO Express (Cayman) (ZTO) Shares Outstanding (Diluted) (2015 - 2026) Analysis & Trends
Starting with the quarter ended Sep 30, 2015, ZTO Express (Cayman)'s Shares Outstanding (Diluted) history includes 44 quarters.
- Annual Shares Outstanding (Diluted) has a five-year compound annual growth rate of 0.6% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 838.44 million in the year ended Dec 31, 2024 (-0.1%), 838.95 million in the year ended Dec 31, 2023 (+2.3%), 820.27 million in the year ended Dec 31, 2022 (unchanged) and 819.96 million in the year ended Dec 31, 2021 (+3.0%).
- Quarterly Shares Outstanding (Diluted) has ranged from 796.15 million in the quarter ended Sep 30, 2021 to 838.95 million in the quarter ended Sep 30, 2024 over the past five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined for seven consecutive quarters, with an average decline of 0.5% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 3.0% in the quarter ended Sep 30, 2022, against a decline of 2.1% in the quarter ended Dec 31, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 820.8 million (quarter ended Mar 31, 2026), 820.8 million (quarter ended Dec 31, 2025) and 838.44 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.79 Bn | 156.31 Bn | - | 594.00 Mn |
| 2 | Csx | 86.21 Bn | 82.43 Bn | - | 1.86 Bn |
| 3 | Canadian Pacific Kansas City | 74.26 Bn | 73.97 Bn | - | 887.10 Mn |
| 4 | United Parcel Service | 70.36 Bn | 47.28 Bn | - | 851.00 Mn |
| 5 | Norfolk Southern | 69.74 Bn | 64.38 Bn | - | 225.00 Mn |
| 6 | Fedex | 67.91 Bn | 33.85 Bn | - | 239.00 Mn |
| 7 | Delta Air Lines | 55.33 Bn | 37.51 Bn | - | 658.00 Mn |
| 8 | Old Dominion Freight Line | 36.95 Bn | 36.21 Bn | - | 208.72 Mn |
| 9 | United Airlines Holdings | 36.28 Bn | -20.09 Bn | - | 326.60 Mn |
| 10 | ZTO Express (Cayman) | 15.34 Bn | -791.56 Mn | 550.21 Mn | 820.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 820.80 Mn |
| Mar 31, 2026 | 820.80 Mn |
| Dec 31, 2025 | 820.80 Mn |
| Sep 30, 2025 | 838.44 Mn |
| Jun 30, 2025 | 838.44 Mn |
| Mar 31, 2025 | 838.44 Mn |
| Dec 31, 2024 | 838.44 Mn |
| Sep 30, 2024 | 838.95 Mn |
| Jun 30, 2024 | 838.95 Mn |
| Mar 31, 2024 | 838.95 Mn |
| Dec 31, 2023 | 838.95 Mn |
| Sep 30, 2023 | 820.27 Mn |
| Jun 30, 2023 | 820.27 Mn |
| Mar 31, 2023 | 820.27 Mn |
| Dec 31, 2022 | 820.27 Mn |
| Sep 30, 2022 | 819.96 Mn |
| Jun 30, 2022 | 819.96 Mn |
| Mar 31, 2022 | 819.96 Mn |
| Dec 31, 2021 | 819.96 Mn |
| Sep 30, 2021 | 796.15 Mn |
ZTO Express (Cayman) Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=ZTO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=ZTO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();