ZTO Express (Cayman) Inc (ZTOA) — Free Cash Flow Generation Index

Latest as of September 2025: 1.00x

ZTO Express (Cayman) Inc (ZTOA) has a Free Cash Flow Generation Index of 1.00x as of September 2025. Free cash flow of €3.21 Billion represents 1% of operating cash flow (€3.21 Billion). Explore ZTO Express (Cayman) Inc (ZTOA) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

1.00x
Free Cash Flow / Operating CF

Free Cash Flow

€3.21 Billion
EUR

Operating Cash Flow

€3.21 Billion
EUR

Capital Expenditures

€0.00
EUR

ZTO Express (Cayman) Inc Free Cash Flow Generation Index (2016–2024)

Historical FCF Generation Index trend for ZTO Express (Cayman) Inc across 9 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of ZTO Express (Cayman) Inc.

Annual Free Cash Flow Generation for ZTO Express (Cayman) Inc (2016–2024)

Year-by-year Free Cash Flow Generation Index for ZTO Express (Cayman) Inc. Check total reinvestment intensity of ZTO Express (Cayman) Inc to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2024 0.48x €5.53 Billion €11.43 Billion €5.90 Billion ▼ -3.4%
2023 0.50x €6.69 Billion €13.36 Billion €6.67 Billion ▼ -49.9%
2022 1.00x €11.48 Billion €11.48 Billion €7.07 Billion ▲ +0.0%
2021 1.00x €7.22 Billion €7.22 Billion €8.36 Billion ▲ +0.0%
2020 1.00x €4.95 Billion €4.95 Billion €7.24 Billion ▲ +484.9%
2019 0.17x €1.08 Billion €6.30 Billion €4.64 Billion ▲ +78.1%
2018 0.10x €422.77 Million €4.40 Billion €3.32 Billion ▼ -56.6%
2017 0.22x €803.95 Million €3.63 Billion €2.57 Billion ▼ -89.2%
2016 2.05x €5.26 Billion €2.57 Billion €2.69 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).