ZTO Express (cayman) Inc. dividend history

ZTO Express (cayman) Inc. paid $523m in dividends in fiscal 2025. That was 41.4% of net income.

Dividends, buybacks and capital spending

FY2025 Q4 TTM

Buybacks (TTM): $174M
Dividends (TTM): $523M
Returned to shareholders: 85%; of free cash flow
Buybacks, last 3 fiscal years: $477M
Diluted share count: −2.1%; year over year
Total shareholder yield: 4.3%; dividends 3.3% + buybacks 1.1% of market value
Dividend payout ratio: 41%; of net income paid out
Sales & admin spending: 5.4%; of revenue
Days sales outstanding: 10 days; receivables vs revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

ZTO Express (cayman) Inc.: dividends by fiscal year, annual
Fiscal year	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Dividends paid	—	18	—	—	136	184	239	210	197	293	779	523
Share buybacks	30	—	—	127	117	110	178	591	13	142	161	174
Dividends ÷ net income	—	8.6%	—	—	20.4%	22.4%	38.2%	28.5%	19.4%	23.7%	63.6%	41.4%
Dividends ÷ free cash flow	—	10.7%	—	—	82.9%	76.2%	—	—	30.0%	30.3%	90.1%	55.6%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Compare with peers

Head to head: EXPD vs ZTO CHRW vs ZTO

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Figures from ZTO Express (cayman) Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to ZTO Express (cayman) Inc.