ZTO Express (Cayman) Gross Margin 2016-2024 | ZTO

ZTO Express (Cayman) gross margin for the quarter ending September 30, 2024 was 31.19%.

  • ZTO Express (Cayman) average gross margin for 2023 was 29.38%, a 23.45% increase from 2022.
  • ZTO Express (Cayman) average gross margin for 2022 was 23.8%, a 10.85% increase from 2021.
  • ZTO Express (Cayman) average gross margin for 2021 was 21.47%, a 17.9% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

ZTO Express (Cayman) Gross Margin 2016-2024 | ZTO

  • ZTO Express (Cayman) average gross margin for 2023 was 29.38%, a 23.45% increase from 2022.
  • ZTO Express (Cayman) average gross margin for 2022 was 23.8%, a 10.85% increase from 2021.
  • ZTO Express (Cayman) average gross margin for 2021 was 21.47%, a 17.9% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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