ZTO Express (Cayman) (ZTOEF) EBITDA Margin (2015 - 2026)
ZTO Express (Cayman)'s (ZTOEF) quarterly EBITDA Margin came in at 16.16% in Q1 2026, down 264.0% year-on-year from 9.85% in Q1 2025, and down 12.18% quarter-over-quarter from 18.4% in Q4 2025.
ZTO Express (Cayman) (ZTOEF) EBITDA Margin (2015 - 2026) Analysis & Trends
ZTO Express (Cayman) has disclosed EBITDA Margin across 12 years of filings, most recently posting 16.16% for Q1 2026.
- EBITDA Margin for Q1 2026 came in at 16.16%, down 264.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.14% (down 282.0% YoY), and the FY2025 annual result was 18.84%, down 100.0% from the prior year.
- EBITDA Margin came in at 16.16% for Q1 2026 at ZTO Express (Cayman), down from 18.4% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 25.53% in Q3 2023 to a low of 10.92% in Q1 2022.
- The 5-year median for EBITDA Margin is 21.28% (2025), against an average of 19.81%.
- Across the five-year window, EBITDA Margin surged 782 bps in 2023 and plunged 708 bps in 2025, its largest moves.
- ZTO Express (Cayman)'s EBITDA Margin stood at 21.93% in 2022, then dropped by 2 bps to 21.47% in 2023, then retreated by 16 bps to 17.98% in 2024, then advanced by 2 bps to 18.4% in 2025, then retreated by 12 bps to 16.16% in 2026.
- The last three EBITDA Margin figures came in at 16.16% (Q1 2026), 18.4% (Q4 2025), and 21.28% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 5.98% |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 5.62% |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 6.77% |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 3.66% |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | -20.02% |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 4.55% |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 3.79% |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | 16.16% |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | -4.51% |
| 10 | ZTO Express (Cayman) | - | - | 469.01 Mn | 16.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.16% |
| Dec 31, 2025 | 18.40% |
| Sep 30, 2025 | 21.28% |
| Jun 30, 2025 | 16.96% |
| Mar 31, 2025 | 18.80% |
| Dec 31, 2024 | 17.98% |
| Sep 30, 2024 | 23.58% |
| Jun 30, 2024 | 24.04% |
| Mar 31, 2024 | 13.71% |
| Dec 31, 2023 | 21.47% |
| Sep 30, 2023 | 25.53% |
| Jun 30, 2023 | 24.32% |
| Mar 31, 2023 | 18.75% |
| Dec 31, 2022 | 21.93% |
| Sep 30, 2022 | 21.58% |
| Jun 30, 2022 | 21.44% |
| Mar 31, 2022 | 10.92% |
| Dec 31, 2021 | 18.77% |
| Sep 30, 2021 | 14.93% |
| Jun 30, 2021 | 15.97% |