GXO Logistics vs ZTO Express (cayman)
GXO Logistics is the larger business, with $13.18bn of revenue in fiscal 2025 against $6.83bn for ZTO Express (cayman) (1.9 times as much). GXO Logistics grew faster (12.5% against 11.0%). ZTO Express (cayman) kept more of each dollar of sales as profit: a net margin of 18.5% against 0.2%. ZTO Express (cayman) carries less debt relative to equity (16.7% against 102.7%).
| Latest fiscal year | GXO LogisticsGXO, 2025 | ZTO Express (cayman)ZTO, 2025 |
|---|---|---|
| Revenue | $13.18bn | $6.83bn |
| Revenue growth | 12.5% | 11.0% |
| Net income | $32.0m | $1.26bn |
| Operating margin | 1.9% | 21.3% |
| Net margin | 0.2% | 18.5% |
| Return on equity | 1.1% | 14.0% |
| Free cash flow | $110m | $940m |
| Cash | $854m | $1.43bn |
| Total debt | $3.06bn | $1.58bn |
| Debt to equity | 102.7% | 16.7% |
| Dividend per share | — | — |
| Dividend yield | — | 3.3% |
| Share buybacks | $200m | $174m |
| Employees | 154,000 | — |
| Market value | $6.01bn | $16.08bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 29 (Weak) | — |
| Insider trades, 12 months | 1 buys, 0 sales | 0 buys, 0 sales |