ZTO Express (Cayman) (BSP:Z1TO34) Revenue: R$39,389 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:Z1TO34 ZTO Express (Cayman) Inc BSP:Z1TO34
95 GF Score
Price R$31.23
GF Value R$36.91
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is ZTO Express (Cayman) Revenue?

ZTO Express (Cayman) BSP:Z1TO34 95 Revenue is R$39,389 Mil as of Mar. 2026. GuruFocus rates BSP:Z1TO34 with a GF Score™ of 95/100 and a GF Value™ of R$36.91 (Modestly Undervalued). The stock has 3 warning signs investors should review.

ZTO Express (Cayman)'s revenue for the three months ended in Mar. 2026 was R$10,078 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was R$39,389 Mil. ZTO Express (Cayman)'s Revenue per Share for the three months ended in Mar. 2026 was R$3.16. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was R$12.16.

Good Sign:

ZTO Express (Cayman) Inc has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of ZTO Express (Cayman) was 20.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 11.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 10.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 18.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 12 years, ZTO Express (Cayman)'s highest 3-Year average Revenue per Share Growth Rate was 50.80% per year. The lowest was 7.60% per year. And the median was 19.70% per year.


ZTO Express (Cayman)  (BSP:Z1TO34) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


ZTO Express (Cayman) Revenue Related Terms


ZTO Express (Cayman) Revenue Historical Data

* Premium members only.

The historical data trend for ZTO Express (Cayman)'s Revenue 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.

ZTO Express (Cayman) Revenue Chart

ZTO Express (Cayman) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26,995.43 26,617.11 26,364.11 37,105.87 38,032.09

ZTO Express (Cayman) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,651.06 9,138.33 8,932.46 11,240.07 10,078.42

BSP:Z1TO34 vs EXPD, CHRW, FDXF: Revenue Comparison

For the Integrated Freight & Logistics subindustry, ZTO Express (Cayman)'s Revenue, along with its competitors' market caps and Revenue 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) Revenue vs Transportation Industry

For the Transportation industry and Industrials sector, ZTO Express (Cayman)'s Revenue distribution charts can be found below:

* The bar in red indicates where ZTO Express (Cayman)'s Revenue falls into.


BSP:Z1TO34
95GF Score
ZTO Express (Cayman) Inc BSP:Z1TO34
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZTO Express (Cayman) Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$39,389 Mil.

* 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.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of R$39,389 Mil mean?
ZTO Express (Cayman) (BSP:Z1TO34) has a Revenue of R$39,389 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on ZTO Express (Cayman) and its competitors.
Is ZTO Express (Cayman)'s Revenue too high?
ZTO Express (Cayman)'s current Revenue is R$39,389 Mil. Overall, ZTO Express (Cayman) has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZTO Express (Cayman)'s Revenue compare to EXPD and CHRW?
ZTO Express (Cayman)'s Revenue of R$39,389 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 Revenue for a Transportation company?
A good Revenue depends on the Transportation industry context. However, Revenue 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 Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on ZTO Express (Cayman) and its competitors. ZTO Express (Cayman)'s current Revenue is R$39,389 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?
Based on GuruFocus' analysis, ZTO Express (Cayman) (BSP:Z1TO34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$36.91, compared to a current price of R$31.23 — trading 15.4% below its estimated fair value. The current Revenue is R$39,389 Mil. ZTO Express (Cayman)'s overall GF Score™ is 95/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For ZTO Express (Cayman) (BSP:Z1TO34), the current Revenue is R$39,389 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) (BSP:Z1TO34) Overvalued in 2026?

Based on GuruFocus' analysis, ZTO Express (Cayman) stock appears to be undervalued. The current stock price of R$31.23 is trading 15.4% below its estimated GF Value™ of R$36.91. GuruFocus considers ZTO Express (Cayman) to be Modestly Undervalued.

Key valuation signals for BSP:Z1TO34:

  • Revenue: R$39,389 Mil
  • GF Value™: R$36.91 vs. price of R$31.23 (15.4% below fair value)
  • GF Score™: 95/100 with 3 warning signs

No single metric tells the full story. See the BSP:Z1TO34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZTO Express (Cayman) Business Description

Address No. 1685 Huazhi Road, Building One, Qingpu District, Shanghai, CHN, 201708
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.
95GF Score

Get the complete analysis for BSP:Z1TO34

Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$31.23
Price
R$36.91
GF Value