ZTO Express (Cayman) Inc. ZTO NYSE

ZTO Express (Cayman) Inc. (ZTO) generated $2.17B in operating cash flow for quarter ending 2025-06-30. After capital expenditures of $2.93B, free cash flow was $-757.41M.

Free cash flow margin was -6.4% of revenue. Cash conversion ratio was 1.12x, indicating earnings are backed by cash.

The company returned $2.06B in dividends and $46.56M in share buybacks to shareholders during the quarter.

Criteria supported by this page:

• HEALTH (83/100, Pass) — demonstrate the company can comfortably service its debt
• MOAT (59/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (70/100) — Cash conversion ratio was 1.12x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 76/100 with 6/7 criteria passed.