ZTO Express (Cayman) (ZTOEF) Tax Rate (2015 - 2026)

ZTO Express (Cayman)'s (ZTOEF) quarterly Tax Rate came in at 21.36% in Q1 2026, up 16.0% year-on-year from 18.42% in Q1 2025, and down 7.68% quarter-over-quarter from 19.84% in Q4 2025.

ZTO Express (Cayman) (ZTOEF) Tax Rate (2015 - 2026) Analysis & Trends

ZTO Express (Cayman) has disclosed Tax Rate across 12 years of filings, most recently posting 21.36% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 21.36%, up 16.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.87% (up 518.0% YoY), and the FY2025 annual result was 17.24%, down 713.0% from the prior year.
  • Tax Rate came in at 21.36% for Q1 2026 at ZTO Express (Cayman), down from 19.84% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 6.54% in Q3 2025 to a low of 30.05% in Q4 2024.
  • The 5-year median for Tax Rate is 21.36% (2026), against an average of 20.17%.
  • Across the five-year window, Tax Rate sank 867 bps in 2024 and surged 1295 bps in 2025, its largest moves.
  • ZTO Express (Cayman)'s Tax Rate stood at 19.74% in 2022, then declined by 15 bps to 22.6% in 2023, then sank by 33 bps to 30.05% in 2024, then soared by 34 bps to 19.84% in 2025, then slipped by 8 bps to 21.36% in 2026.
  • The last three Tax Rate figures came in at 21.36% (Q1 2026), 19.84% (Q4 2025), and 6.54% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 23.13%
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 16.39%
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 25.16%
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 11.66%
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn -25.96%
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 25.19%
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 70.59%
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn -21.36%
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 27.76%
10 ZTO Express (Cayman) - - 469.01 Mn -21.36%

Historic Data

Download Data
DateValue
Mar 31, 2026 -21.36%
Mar 31, 2026 -21.36%
Dec 31, 2025 -19.84%
Dec 31, 2025 -19.84%
Sep 30, 2025 -6.54%
Sep 30, 2025 -6.54%
Jun 30, 2025 -22.58%
Jun 30, 2025 -22.58%
Mar 31, 2025 -21.52%
Mar 31, 2025 -21.52%
Dec 31, 2024 -30.05%
Dec 31, 2024 -30.05%
Sep 30, 2024 -19.49%
Sep 30, 2024 -19.49%
Jun 30, 2024 -19.96%
Jun 30, 2024 -19.96%
Mar 31, 2024 -24.09%
Mar 31, 2024 -24.09%
Dec 31, 2023 -22.60%
Dec 31, 2023 -22.60%