ZTO Express (Cayman) Gross Margin 2016-2025 | ZTO
- ZTO Express (Cayman) average gross margin for 2024 was 30.98%, a 5.45% decline from 2023.
- 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.
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.