The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. ZTO Express (Cayman)'s Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for ZTO Express (Cayman)'s Dividend Payout Ratio or its related term are showing as below:
During the past 12 years, the highest Dividend Payout Ratio of ZTO Express (Cayman) was 0.57. The lowest was 0.40. And the median was 0.49.
MEX:ZTO N's Dividend Payout Ratio is not ranked *
in the Transportation industry.
Industry Median: 0.45 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 12 years, the highest Trailing Annual Dividend Yield of ZTO Express (Cayman) was 5.70%. The lowest was 0.00%. And the median was 3.47%.
During the past 12 months, ZTO Express (Cayman)'s average Dividends Per Share Growth Rate was -32.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
ZTO Express (Cayman) (MEX:ZTO N) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
ZTO Express (Cayman) Dividend Payout Ratio Related Terms
ZTO Express (Cayman) Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for ZTO Express (Cayman)'s Dividend Payout Ratio 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: Dividend Payout Ratio Comparison
For the Integrated Freight & Logistics subindustry, ZTO Express (Cayman)'s Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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) Dividend Payout Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, ZTO Express (Cayman)'s Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where ZTO Express (Cayman)'s Dividend Payout Ratio falls into.
ZTO Express (Cayman) Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
ZTO Express (Cayman)'s Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
ZTO Express (Cayman) (MEX:ZTO N) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on ZTO Express (Cayman) and its competitors. Over the past decade, ZTO Express (Cayman)'s Dividend Payout Ratio has ranged from 0.40 to 0.57. According to the industry distribution chart, ZTO Express (Cayman) ranks #240 out of 566 companies in the Transportation industry, placing it in the top 42.4%.
Is ZTO Express (Cayman)'s Dividend Payout Ratio too high?
ZTO Express (Cayman)'s current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.57. Based on the distribution chart, ZTO Express (Cayman) ranks #240 out of 566 companies in the Transportation industry, which is above the industry midpoint. 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 Dividend Payout Ratio compare to EXPD and CHRW?
According to the Transportation industry distribution chart, ZTO Express (Cayman) ranks #240 out of 566 companies for Dividend Payout Ratio. This puts ZTO Express (Cayman) in the upper half of its industry. The industry median Dividend Payout Ratio is 0.45. Historically, ZTO Express (Cayman)'s own Dividend Payout Ratio has ranged from 0.40 to 0.57 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Transportation company?
The median Dividend Payout Ratio among Transportation companies is 0.45, based on 566 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on ZTO Express (Cayman) and its competitors. For the Transportation industry, the median Dividend Payout Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZTO Express (Cayman)'s current Dividend Payout Ratio is 0.00. 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 Dividend Payout Ratio of 0.00. The stock's GF Value™ is MXN535.83, compared to a current price of MXN426.00 — trading 20.5% below its estimated fair value. The current Dividend Payout Ratio is 0.00. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For ZTO Express (Cayman) (MEX:ZTO N), the current Dividend Payout Ratio is 0.00 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 20.5% below its estimated GF Value™ of MXN535.83.
Key valuation signals for MEX:ZTO N:
Dividend Payout Ratio: 0.00
GF Value™: MXN535.83 vs. price of MXN426.00 (20.5% 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
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