ZTO
ZTO Express (Cayman) Inc.
NYSEUSDEQUITY
Industrials
DELAYED
Sell
-25/100
Last price
19.70
■ 0.00 (0.00%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
19.70
Prev close
19.70
Day high
19.78
Day low
19.61
Volume
2.36M
Market cap
$14.74B
P/E (TTM)
10.75
52W range
18.11 – 26.20
Day trading desk
Gap from prior close
-0.00%
Prior close 19.70
VWAP
—
—
Relative volume
0.00×
Quiet session
Session range
—
19.70 – 19.70
Position in range
—
—
ATR (14D)
0.44
2.22% of price
Prior day high
19.72
PDH
Prior day low
19.41
PDL
Bid / ask spread
—
Quote not published
Session volume
—
Avg 2.23M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+0.41%
-1.5%
1M
-6.06%
-7.2%
3M
-15.25%
-19.8%
6M
-20.68%
-38.9%
YTD
-5.79%
-20.0%
1Y
+3.63%
-12.8%
3Y
-18.58%
-100.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on ZTO open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
22.89M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Mar 23, 26 | WANG JILEI Officer and Director |
— | 13.11K | — | Direct |
| Mar 23, 26 | ZHANG JIANFENG Officer |
— | 5.07K | — | Direct |
| Mar 23, 26 | HU HONGQUN Chief Operating Officer |
— | 14.22K | — | Direct |
| Mar 23, 26 | ZHU JINGXI President |
— | 15.41K | — | |
| Mar 23, 26 | LAI MEISONG Chief Executive Officer |
— | 154.00K | — | Direct |
| Mar 23, 26 | LAI JIANCHANG Officer |
— | 9.62K | — | Direct |
| Mar 23, 26 | YAN HUIPING CPA Chief Financial Officer |
— | 15.25K | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
HU HONGQUN |
Chief Operating Officer | 31.45K | Conversion of Exercise of derivative security |
LAI JIANCHANG |
Officer | 21.08K | Conversion of Exercise of derivative security |
LAI MEISONG |
Chief Executive Officer | 332.46K | Conversion of Exercise of derivative security |
WANG JILEI |
Officer and Director | 28.65K | Conversion of Exercise of derivative security |
YAN HUIPING CPA |
Chief Financial Officer | 33.32K | Conversion of Exercise of derivative security |
ZHANG JIANFENG |
Officer | 13.73K | Conversion of Exercise of derivative security |
ZHU JINGXI |
President | — | Conversion of Exercise of derivative security |
Fundamentals
Market cap$14.74B
Enterprise value$5.78B
Revenue (TTM)$54.21B
Gross profit$13.61B
EBITDA$14.94B
Net income$10.32B
EPS (TTM)$1.83
Free cash flow$6.43B
Total cash$31.31B
Total debt$22.04B
Book value / share$12.47
Shares outstanding542.98M
Float395.15M
Short % of float2.47%
Dividend yield3.51%
Beta (5Y)-0.19
Valuation & profitability ratios
Trailing P/E10.75
Forward P/E8.79
PEG ratio1.00
Price / sales—
Price / book1.58
EV / revenue0.11
EV / EBITDA0.39
Gross margin25.10%
Operating margin22.18%
Profit margin19.04%
Return on equity16.28%
Return on assets7.38%
Debt / equity34.58
Current ratio1.67
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $49.10B | $44.28B | $38.42B | $35.38B | +10.9% |
| Operating revenue | $48.98B | $44.14B | $38.27B | $35.17B | +11.0% |
| Cost of revenue | $36.83B | $30.56B | $26.76B | $26.34B | +20.5% |
| Gross profit | $12.27B | $13.72B | $11.66B | $9.04B | -10.5% |
| Selling, general & admin | $2.64B | $2.69B | $2.43B | $2.08B | -2.0% |
| Total operating expense | $1.80B | $1.94B | $1.65B | $1.30B | -7.4% |
| Operating income | $10.47B | $11.78B | $10.01B | $7.74B | -11.1% |
| Net interest income | $498.46M | $655.62M | $417.23M | $313.20M | -24.0% |
| Pre-tax income | $11.05B | $11.68B | $10.69B | $8.29B | -5.3% |
| Tax provision | $1.91B | $2.85B | $1.94B | $1.63B | -33.0% |
| Net income | $9.08B | $8.82B | $8.75B | $6.81B | +3.0% |
| Net income to common | $9.18B | $8.97B | $8.89B | $6.85B | +2.4% |
| Basic EPS | 11.38 | 10.95 | 10.83 | 8.41 | +3.9% |
| Diluted EPS | 11.19 | 10.70 | 10.60 | 8.36 | +4.6% |
| EBIT | $11.30B | $12.01B | $10.98B | $8.48B | -5.9% |
| EBITDA | $14.68B | $15.04B | $13.85B | $11.15B | -2.4% |
| Basic shares | 797.63M | 804.88M | 807.74M | 809.44M | -0.9% |
| Diluted shares | 820.80M | 838.44M | 838.95M | 820.27M | -2.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $10.01B | $13.47B | $12.33B | $11.69B | -25.7% |
| Cash & short-term investments | $25.63B | $22.31B | $19.79B | $17.45B | +14.9% |
| Accounts receivable | $1.96B | $2.68B | $1.71B | $1.77B | -26.8% |
| Inventory | $40.65M | $38.57M | $28.07M | $40.54M | +5.4% |
| Total current assets | $33.96B | $30.35B | $26.95B | $24.48B | +11.9% |
| Property, plant & equipment | $35.83B | $34.48B | $32.85B | $29.62B | +3.9% |
| Goodwill & intangibles | $10.97B | $10.43B | $9.90B | $9.71B | +5.2% |
| Total assets | $91.02B | $92.34B | $88.47B | $78.52B | -1.4% |
| Total current liabilities | $22.87B | $28.27B | $20.06B | $16.41B | -19.1% |
| Current debt | $10.93B | $16.78B | $7.77B | $5.59B | -34.9% |
| Long-term debt | $142.11M | — | $7.03B | $6.79B | — |
| Total debt | $11.48B | $17.35B | $15.44B | $13.12B | -33.8% |
| Total liabilities | $23.89B | $29.67B | $28.18B | $24.05B | -19.5% |
| Retained earnings | $42.92B | $39.10B | $36.30B | $29.46B | +9.8% |
| Shareholder equity | $66.38B | $62.06B | $59.80B | $54.03B | +7.0% |
| Working capital | $11.10B | $2.08B | $6.89B | $8.07B | +433.3% |
| Net tangible assets | $55.41B | $51.63B | $49.90B | $44.31B | +7.3% |
| Shares issued | 795.53M | 810.34M | 812.87M | 832.97M | -1.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $9.24B | $8.89B | $8.75B | $6.66B | +3.9% |
| Depreciation & amortisation | $3.38B | $3.02B | $2.88B | $2.67B | +11.8% |
| Stock-based compensation | $229.25M | $318.69M | $254.98M | $178.98M | -28.1% |
| Change in working capital | -$384.92M | -$2.15B | $1.32B | $1.78B | +82.1% |
| Operating cash flow | $11.97B | $11.43B | $13.36B | $11.48B | +4.7% |
| Capital expenditure | -$6.07B | -$5.90B | -$6.67B | -$7.41B | -2.9% |
| Investing cash flow | -$4.83B | -$5.98B | -$12.25B | -$16.04B | +19.3% |
| Share buybacks | -$1.25B | -$1.16B | -$1.01B | -$84.55M | -8.2% |
| Dividends paid | -$3.76B | -$5.61B | -$2.07B | -$1.32B | +33.0% |
| Financing cash flow | -$10.57B | -$5.00B | -$769.84M | $7.06B | -111.5% |
| Free cash flow | $5.89B | $5.53B | $6.69B | $4.07B | +6.6% |
| End cash position | $10.05B | $13.53B | $13.05B | $12.60B | -25.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $14.55B | $13.28B | $14.51B | $11.86B | $11.83B | — | +9.5% |
| Operating revenue | $14.53B | $13.26B | $14.48B | $11.83B | $11.80B | — | +9.6% |
| Cost of revenue | $10.82B | $10.05B | $10.83B | $8.91B | $8.89B | — | +7.7% |
| Gross profit | $3.73B | $3.24B | $3.68B | $2.96B | $2.94B | — | +15.4% |
| Selling, general & admin | $556.67M | $815.66M | $643.88M | $632.58M | $623.59M | — | -31.8% |
| Total operating expense | $453.94M | $741.35M | $492.50M | $550.93M | $529.41M | — | -38.8% |
| Operating income | $3.28B | $2.49B | $3.19B | $2.41B | $2.41B | — | +31.5% |
| Net interest income | $85.08M | $115.67M | $127.51M | $130.81M | $110.62M | — | -26.4% |
| Pre-tax income | $3.36B | $2.69B | $3.29B | $2.68B | $2.51B | — | +24.9% |
| Tax provision | $258.64M | $552.18M | $638.13M | $160.00M | $575.53M | — | -53.2% |
| Net income | $3.05B | $2.12B | $2.63B | $2.52B | $1.94B | — | +44.0% |
| Net income to common | $3.10B | $2.12B | $2.73B | $2.52B | $1.94B | — | +46.4% |
| Basic EPS | — | 2.73 | 3.31 | 3.16 | 2.42 | 2.50 | — |
| Diluted EPS | — | 2.68 | 3.31 | 3.10 | 2.37 | 2.44 | — |
| EBIT | $3.43B | $2.74B | $3.32B | $2.74B | $2.61B | — | +25.2% |
| EBITDA | $3.43B | $2.74B | $3.32B | $2.74B | $2.61B | — | +25.2% |
| Basic shares | — | 776.16M | 792.68M | 799.66M | 799.75M | 798.49M | — |
| Diluted shares | — | 798.34M | 793.30M | 822.55M | 833.99M | 832.05M | — |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $9.91B | $11.41B | $10.01B | $9.39B | $13.29B | -13.2% |
| Cash & short-term investments | $31.31B | $30.49B | $25.63B | $25.29B | $26.52B | +2.7% |
| Accounts receivable | $2.12B | $1.80B | $1.96B | $1.91B | $2.28B | +17.7% |
| Inventory | $31.00M | $39.04M | $40.65M | $48.25M | $47.90M | -20.6% |
| Total current assets | $40.08B | $38.85B | $33.96B | $33.17B | $34.52B | +3.1% |
| Property, plant & equipment | $36.19B | $36.56B | $35.83B | $35.84B | $35.35B | -1.0% |
| Goodwill & intangibles | $11.10B | $11.08B | $10.97B | $10.45B | $10.44B | +0.2% |
| Total assets | $98.74B | $97.78B | $91.02B | $90.54B | $94.62B | +1.0% |
| Total current liabilities | $23.97B | $23.69B | $22.87B | $24.07B | $28.45B | +1.2% |
| Current debt | $11.62B | $11.09B | $10.93B | $11.63B | $18.20B | +4.8% |
| Long-term debt | $10.20B | $10.36B | $142.11M | $289.35M | $180.00M | -1.6% |
| Total debt | $22.04B | $21.79B | $11.48B | $12.36B | $18.87B | +1.1% |
| Total liabilities | $35.01B | $34.90B | $23.89B | $25.18B | $29.76B | +0.3% |
| Retained earnings | $42.91B | $39.86B | $42.92B | $41.15B | $40.35B | +7.7% |
| Shareholder equity | $63.65B | $62.12B | $66.38B | $64.71B | $64.20B | +2.5% |
| Working capital | $16.11B | $15.16B | $11.10B | $9.09B | $6.07B | +6.2% |
| Net tangible assets | $52.55B | $51.04B | $55.41B | $54.26B | $53.76B | +3.0% |
| Shares issued | 770.12M | 769.90M | 795.53M | 804.47M | 804.47M | +0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Operating cash flow | $4.56B | $2.79B | $4.23B | $3.21B | $2.17B | +63.6% |
| Investing cash flow | -$3.53B | -$7.17B | -$78.53M | -$426.59M | -$1.16B | +50.8% |
| Financing cash flow | -$2.43B | $5.83B | -$3.52B | -$6.67B | -$117.71M | -141.7% |
| Free cash flow | $1.80B | $2.79B | -$1.85B | $3.21B | -$903.92M | -35.3% |
| End cash position | $9.96B | $11.44B | $10.05B | $9.42B | $13.33B | -13.0% |
Options analytics
Put / call volume
6.77
Put-heavy session
Put / call open interest
0.10
Positioning, not flow
Max pain
27.00
+37.2% from spot
ATM implied vol
3.1%
Nearest strike to spot
Skew (10% OTM)
-12.5%
Calls bid over puts
Call volume
39
Contracts, this expiry
Put volume
264
Contracts, this expiry
Heaviest call OI
32.00
98 contracts
Heaviest put OI
15.00
3 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 3.41 | 3.79 | +11.3% |
| Mar 2026 | 3.08 | 2.95 | -4.1% |
| Dec 2025 | 3.15 | 3.31 | +5.2% |
| Sep 2025 | 2.51 | 3.06 | +22.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 3.21 | 3 | $14.04B | +18.3% |
| Next quarter | 3.54 | 3 | $16.40B | +13.0% |
| Current year | 13.51 | 13 | $57.61B | +17.3% |
| Next year | 15.01 | 13 | $62.28B | +8.1% |
Analyst targets & ownership
Mean target$27.83
High target$34.67
Low target$21.67
Implied upside41.29%
Analyst count18
ConsensusBUY
Strong buy / Buy4 / 11
Hold3
Sell / Strong sell0 / 0
Held by insiders3.01%
Held by institutions11.89%
Institutions holding264
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
19.55
+0.75% from price
SMA 20
20.02
-1.69% from price
SMA 50
21.50
-8.46% from price
SMA 100
22.24
-11.44% from price
SMA 200
23.00
-14.43% from price
EMA 12
19.75
-0.24% from price
EMA 26
20.28
-2.88% from price
EMA 50
21.08
-6.52% from price
RSI (14)
38.8
Neutral
MACD (12,26,9)
-0.54
Hist 0.07
ATR (14)
0.44
2.22% of price
Realised vol 30D
27.5%
Annualised
Bollinger upper
21.18
20, 2σ
Bollinger lower
18.86
20, 2σ
50 / 200 cross
Death
21.50 vs 23.00
Trend bias
Below 200
-14.43%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.18
Less volatile than market
Correlation to SPY
0.10
Largely independent
Realised vol 30D
27.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-25.1%
Peak to trough
Max drawdown 5Y
-50.7%
Peak to trough
ATR 14
0.44
2.22% of price
Beta (reported)
-0.19
5Y monthly, from filing
Short interest
Shares short
12.33M
Prior 12.34M
Change vs prior
-0.1%
Shorts covering
% of float
2.47%
Normal
% of shares out
1.63%
Against total outstanding
Days to cover
6.1
Crowded exit
Float
395.15M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 3, 26 | JP Morgan | DOWNGRADE | Overweight | Neutral |
| Apr 13, 26 | JP Morgan | MAINTAINED | Overweight | Overweight |
| Aug 20, 25 | B of A Securities | MAINTAINED | Neutral | Neutral |
| May 29, 25 | JP Morgan | UPGRADE | Neutral | Overweight |
| May 22, 25 | Citigroup | MAINTAINED | Buy | Buy |
| May 22, 25 | B of A Securities | DOWNGRADE | Buy | Neutral |
| May 19, 25 | Citigroup | MAINTAINED | Buy | Buy |
| Apr 14, 25 | HSBC | UPGRADE | Hold | Buy |
| Mar 20, 25 | JP Morgan | DOWNGRADE | Overweight | Neutral |
| Jan 21, 25 | HSBC | DOWNGRADE | Buy | Hold |
| Oct 30, 24 | JP Morgan | MAINTAINED | Overweight | Overweight |
| Oct 7, 24 | Macquarie | MAINTAINED | Neutral | Neutral |
Dividends & splits
Forward rate$0.69 / yr
Forward yield3.51%
5-year avg yield—
Payout ratio38.36%
Ex-dividend dateApr 8, 2026
Next pay dateApr 29, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-10-05
Corporate Changes & Voting Matters
6-K · 2026-09-28
Corporate Changes & Voting Matters
6-K · 2026-09-21
Corporate Changes & Voting Matters
6-K · 2026-09-14
Corporate Changes & Voting Matters
6-K · 2026-09-11
Corporate Changes & Voting Matters
6-K · 2026-09-08
Corporate Changes & Voting Matters
6-K · 2026-08-31
Corporate Changes & Voting Matters
6-K · 2026-08-24
Headlines
High-Volume, Unusual Options Activity Is Taking Nvidia and These 2 Other Hot Stocks by Storm
Barchart · 6d ago
ZTO Express (ZTO) Stock May Be Undervalued On Fresh Parcel Volume Growth
Simply Wall St. · 12d ago
ZTO Express Cayman (ZTO) Down 6% Since Last Earnings Report: Can It Rebound?
Zacks · 20d ago
Broadcom upgraded, Ultragenyx downgraded: Wall Street's top analyst calls
The Fly · 34d ago
Here Are Thursday’s Top Wall Street Analyst Research Calls: Broadcom, Deere & Company, Dell Technologies, Devon Energy, Moderna, Permian Resources, PG&E, Thermo Fisher, Viper Energy, and More
24/7 Wall St. · 34d ago
ZTO Express Q2 Earnings & Revenues Increase Year Over Year
Zacks · 49d ago
ZTO Express Shares Slip Despite Strong Second-Quarter Profit Growth
InvestorsHub · 49d ago
ZTO Express (Cayman) Inc (ZTO) (Q2 2026) Earnings Call Highlights: Record Profit Surge and ...
GuruFocus.com · 49d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.