ZTO Express (Cayman) Inc. (ZTO) Operating margin 2016–2025
ZTO Express (Cayman) Inc. (ZTO) operating margin by fiscal year — reported operating income divided by reported revenue.
21.3%FY2025 · since FY2016: 28.3% → 21.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 21.3% | -5.3 pp |
| FY2024 | 26.6% | +0.5 pp |
| FY2023 | 26.0% | +4.2 pp |
| FY2022 | 21.9% | +3.8 pp |
| FY2021 | 18.1% | -0.8 pp |
| FY2020 | 18.9% | -5.9 pp |
| FY2019 | 24.7% | +0.1 pp |
| FY2018 | 24.6% | -4.1 pp |
| FY2017 | 28.7% | +0.4 pp |
| FY2016 | 28.3% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice