Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. ZTO Express (Cayman)'s shares outstanding for the quarter that ended in Mar. 2026 was 766 Mil.
ZTO Express (Cayman)'s quarterly shares outstanding
declined
from Dec. 2025 (791 Mil) to Mar. 2026 (766 Mil).
It means ZTO Express (Cayman)bought back shares from Dec. 2025 to Mar. 2026 .
ZTO Express (Cayman)'s annual shares outstanding
declined
from Dec. 2024 (799 Mil) to Dec. 2025 (791 Mil).
It means ZTO Express (Cayman)bought back shares from Dec. 2024 to Dec. 2025 .
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
ZTO Express (Cayman) Shares Outstanding (EOP) Related Terms
ZTO Express (Cayman) Shares Outstanding (EOP) Historical Data
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The historical data trend for ZTO Express (Cayman)'s Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:ZTO N vs EXPD, CHRW, FDXF: Shares Outstanding (EOP) Comparison
For the Integrated Freight & Logistics subindustry, ZTO Express (Cayman)'s Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ZTO Express (Cayman) Shares Outstanding (EOP) vs Transportation Industry
For the Transportation industry and Industrials sector, ZTO Express (Cayman)'s Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where ZTO Express (Cayman)'s Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 766 Mil mean?
ZTO Express (Cayman) (MEX:ZTO N) has a Shares Outstanding (EOP) of 766 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on ZTO Express (Cayman) and its competitors.
Is ZTO Express (Cayman)'s Shares Outstanding (EOP) too high?
ZTO Express (Cayman)'s current Shares Outstanding (EOP) is 766 Mil. Overall, ZTO Express (Cayman) has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does ZTO Express (Cayman)'s Shares Outstanding (EOP) compare to EXPD and CHRW?
ZTO Express (Cayman)'s Shares Outstanding (EOP) of 766 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Transportation company?
A good Shares Outstanding (EOP) depends on the Transportation industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on ZTO Express (Cayman) and its competitors. ZTO Express (Cayman)'s current Shares Outstanding (EOP) is 766 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTO Express (Cayman) stock overvalued right now?
ZTO Express (Cayman) (MEX:ZTO N) has a current Shares Outstanding (EOP) of 766 Mil. The stock's GF Value™ is MXN526.80, compared to a current price of MXN426.00 — trading 19.1% below its estimated fair value. The current Shares Outstanding (EOP) is 766 Mil. ZTO Express (Cayman)'s overall GF Score™ is 84/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For ZTO Express (Cayman) (MEX:ZTO N), the current Shares Outstanding (EOP) is 766 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ZTO Express (Cayman) (MEX:ZTO N) Overvalued in 2026?
Based on GuruFocus' analysis, ZTO Express (Cayman) stock appears to be undervalued.
The current stock price of MXN426.00 is trading 19.1% below its estimated GF Value™ of MXN526.80.
Key valuation signals for MEX:ZTO N:
Shares Outstanding (EOP): 766 Mil
GF Value™: MXN526.80 vs. price of MXN426.00 (19.1% below fair value)
No single metric tells the full story. See the MEX:ZTO N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 19.4% in 2024. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 78% voting rights as of March 31, 2025. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 8.9% interest.
84GF Score
Get the complete analysis for MEX:ZTO N
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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