ZTO Express (Cayman) Cash Flow Statement
NYSE: ZTOIndustrialsTrucking Freight/Courier ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
ZTO Express (Cayman) free cash flow
In fiscal 2025, ZTO Express (Cayman) generated $1.71 billion of operating cash flow and spent $745.6 million on capital expenditures. That left free cash flow of $965.8 million, a free-cash-flow margin of 13.8% of revenue. Free cash flow was up 13.3% from the prior year's $852.3 million.
ZTO Express (Cayman) returned $716.2 million to shareholders: $537.0 million in dividends and $179.1 million in share repurchases, equal to 74% of free cash flow. Free cash flow covered dividend payments 1.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
ZTO Express (Cayman) cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.32B | 1.22B | 1.23B | 965.46M | 737.74M | 663.06M | 814.63M | 638.20M | 485.51M | 295.49M |
| Net Income growth (YoY) | +8.47% | -1.25% | +27.72% | +30.87% | +11.26% | -18.61% | +27.65% | +31.45% | +64.31% | — |
| Depreciation & Amortization | 483.26M | 414.20M | 404.96M | 387.19M | 348.64M | 282.06M | 181.64M | 124.17M | 86.13M | 46.81M |
| Stock-Based Compensation | 32.78M | 43.66M | 35.91M | 25.95M | 38.92M | 40.48M | 45.49M | 36.28M | 6.26M | 17.64M |
| Change in Working Capital | -21.93M | -243.22M | 33.67M | 108.72M | -85.66M | -59.63M | 43.19M | -70.22M | -28.84M | -2.08M |
| Operating Cash Flow | 1.71B | 1.57B | 1.88B | 1.66B | 1.13B | 758.74M | 905.54M | 640.54M | 558.03M | 365.34M |
| Capital Expenditures | -745.63M | -713.51M | -919.57M | -1.02B | -1.31B | -1.11B | -665.88M | -483.43M | -395.35M | -286.06M |
| Investing Cash Flow | -690.27M | -819.36M | -1.73B | -2.33B | -1.37B | -543.96M | -526.33M | -1.87B | -1.27B | -492.34M |
| Dividends Paid | -537.02M | -767.94M | -291.91M | -191.85M | -212.47M | -252.77M | -182.53M | -130.19M | — | — |
| Share Repurchases | -179.14M | -158.57M | -141.76M | -12.26M | -597.96M | -188.25M | -109.58M | -111.97M | -131.82M | — |
| Debt Issued | 30.89M | — | — | — | — | — | — | — | — | — |
| Financing Cash Flow | -1.51B | -684.34M | -108.43M | 1.02B | -455.70M | 1.28B | -284.74M | 1.02B | -163.16M | 1.36B |
| Net Change in Cash | -498.24M | 65.71M | 63.13M | 410.85M | -720.39M | 1.39B | 94.01M | -167.37M | -945.15M | 1.27B |
| Free Cash Flow | 965.83M | 852.31M | 962.28M | 639.62M | -178.93M | -350.43M | 239.66M | 157.11M | 162.68M | 79.28M |
This table shows 10 annual periods of ZTO Express (Cayman)'s cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow ZTO's reporting calendar. What is a cash flow statement?