ZTO Express (Cayman) Inc (ZTO) — Financial Flexibility Index

Latest as of December 2025: 0.50x

ZTO Express (Cayman) Inc (ZTO) has a Financial Flexibility Index of 0.50x as of December 2025. Free cash flow of $11.97 Billion (operating CF $11.97 Billion minus capex $0.00) represents 1% of total liabilities ($23.90 Billion). Check ZTO Express (Cayman) Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.50x
Free Cash Flow / Total Liabilities

Free Cash Flow

$11.97 Billion
Operating CF − Capex

Total Liabilities

$23.90 Billion
USD

Capital Expenditures

$0.00
USD

ZTO Express (Cayman) Inc Financial Flexibility Index (2014–2025)

Historical Financial Flexibility Index trend for ZTO Express (Cayman) Inc across 12 annual periods. See ZTO current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for ZTO Express (Cayman) Inc (2014–2025)

Year-by-year free cash flow to debt coverage for ZTO Express (Cayman) Inc. For the full company profile including market capitalisation, see market cap of ZTO Express (Cayman) Inc.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.75x $18.04 Billion $11.97 Billion $23.90 Billion ▲ +29.2%
2024 0.58x $17.33 Billion $11.43 Billion $29.67 Billion ▼ -17.8%
2023 0.71x $20.03 Billion $13.36 Billion $28.18 Billion ▼ -13.8%
2022 0.82x $19.84 Billion $11.48 Billion $24.05 Billion ▼ -31.0%
2021 1.20x $16.55 Billion $7.22 Billion $13.84 Billion ▼ -14.7%
2020 1.40x $14.16 Billion $4.95 Billion $10.11 Billion ▼ -9.0%
2019 1.54x $11.53 Billion $6.30 Billion $7.49 Billion ▼ -0.6%
2018 1.55x $8.39 Billion $4.40 Billion $5.41 Billion ▲ +5.2%
2017 1.47x $6.46 Billion $3.63 Billion $4.39 Billion ▲ +2.9%
2016 1.43x $5.23 Billion $2.54 Billion $3.65 Billion ▲ +17.1%
2015 1.22x $3.34 Billion $1.87 Billion $2.74 Billion ▲ +3.6%
2014 1.18x $1.86 Billion $1.07 Billion $1.58 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities