ZTO Express (Cayman) Inc (ZTO) — Free Cash Flow Generation Index
ZTO Express (Cayman) Inc (ZTO) has a Free Cash Flow Generation Index of -0.15x as of December 2025. Free cash flow of $-1.85 Billion represents 0% of operating cash flow ($11.97 Billion). See ZTO working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
ZTO Express (Cayman) Inc Free Cash Flow Generation Index (2014–2025)
Historical FCF Generation Index trend for ZTO Express (Cayman) Inc across 12 annual periods. Explore ZTO operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for ZTO Express (Cayman) Inc (2014–2025)
Year-by-year Free Cash Flow Generation Index for ZTO Express (Cayman) Inc. For the full company profile including market capitalisation, see ZTO Express (Cayman) Inc market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.49x | $5.89 Billion | $11.97 Billion | $6.07 Billion | ▲ +1.8% |
| 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 | ▲ +84.3% |
| 2022 | 0.27x | $3.12 Billion | $11.48 Billion | $8.36 Billion | ▲ +193.1% |
| 2021 | -0.29x | $-2.11 Billion | $7.22 Billion | $9.33 Billion | ▲ +66.1% |
| 2020 | -0.86x | $-4.26 Billion | $4.95 Billion | $9.21 Billion | ▼ -603.0% |
| 2019 | 0.17x | $1.08 Billion | $6.30 Billion | $5.23 Billion | ▲ +78.1% |
| 2018 | 0.10x | $422.77 Million | $4.40 Billion | $3.98 Billion | ▼ -56.6% |
| 2017 | 0.22x | $803.95 Million | $3.63 Billion | $2.83 Billion | ▲ +467.9% |
| 2016 | -0.06x | $-152.66 Million | $2.54 Billion | $2.69 Billion | ▼ -128.7% |
| 2015 | 0.21x | $391.67 Million | $1.87 Billion | $1.48 Billion | ▼ -20.2% |
| 2014 | 0.26x | $281.67 Million | $1.07 Billion | $790.08 Million | — |