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ZTO

ZTO Express·NYSE
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ZTO fundamentals

ZTO Express (ZTO) released its earnings on Mar 18, 2026: revenue was 2.07B (YoY +17.19%), beat estimates; EPS was 0.473 (YoY +19.50%), beat estimates.
Revenue / YoY
2.07B
+17.19%
EPS / YoY
0.473
+19.50%
Report date
Mar 18, 2026
ZTO Earnings Call Summary for Q4,2025
  • Q4 2025 Growth: 9.2% volume growth, 0.8ppt market share expansion, CNY 2.69 billion net profit\n- Strategic Momentum: 46% flash parcel growth, CNY 0.06 unit cost savings, 200 million RMB frontline incentive fund\n- 2026 Outlook: 10-13% volume growth vs. industry 8%, 50%+ adjusted net income allocated to returns\n- AI Differentiation: 3D sorting centers, AI dispatching, predictive analytics\n- Policy Impact: Sustained anti-involution enforcement driving quality-focused recovery
EPS
Q3,undefined
Q4,undefined
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Q1,undefined
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Q4,undefined
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
0.11530.26150.22460.23680.14340.24140.22180.34310.17660.33280.33310.37820.29550.42320.38890.37470.24230.43470.41310.39580.33610.33070.43530.473
Forecast
0.09380.26510.21880.27190.10410.23110.22680.32360.21250.27240.25750.37540.26110.38610.37630.37810.31360.44580.40470.44990.39930.39960.35240.4482
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+22.92%
-1.36%
+2.65%
-12.91%
+37.75%
+4.46%
-2.20%
+6.03%
-16.89%
+22.17%
+29.36%
+0.75%
+13.18%
+9.61%
+3.35%
-0.90%
-22.74%
-2.49%
+2.08%
-12.02%
-15.83%
-17.24%
+23.52%
+5.53%
Revenue
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Q3,undefined
Q4,undefined
Q1,undefined
Q2,undefined
Q3,undefined
Q4,undefined
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
----------------------------552.07M905.05M974.78M1.26B987.42M1.13B1.15B1.45B1.25B1.29B1.26B1.43B1.31B1.34B1.24B1.50B1.38B1.48B1.52B1.77B1.50B1.65B1.67B2.07B
Forecast
----------------------------635.62M903.29M918.49M1.26B934.21M1.18B1.20B1.52B1.23B1.26B1.22B1.46B1.33B1.41B1.35B1.53B1.29B1.49B1.48B1.61B1.67B1.70B1.66B2.05B
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
-13.14%
+0.20%
+6.13%
-0.04%
+5.70%
-3.91%
-4.65%
-4.28%
+1.37%
+2.65%
+3.01%
-1.77%
-1.86%
-4.77%
-7.78%
-2.49%
+7.07%
-1.12%
+2.78%
+9.98%
-9.92%
-2.76%
+0.46%
+1.15%

Earnings Call