Cost of Revenue Comparison: United Parcel Service, Inc. vs ZTO Express (Cayman) Inc.

UPS vs. ZTO: A Decade of Revenue Dynamics

__timestampUnited Parcel Service, Inc.ZTO Express (Cayman) Inc.
Wednesday, January 1, 2014320450000002770530000
Thursday, January 1, 2015310280000003998737000
Friday, January 1, 2016554390000006345899000
Sunday, January 1, 2017583430000008714489000
Monday, January 1, 20186483700000012239568000
Tuesday, January 1, 20196629600000015488778000
Wednesday, January 1, 20207681400000019377184000
Friday, January 1, 20218447700000023816462000
Saturday, January 1, 20228724400000026337721000
Sunday, January 1, 20237372700000026756389000
Monday, January 1, 202466048000000
Loading chart...

Infusing magic into the data realm

Cost of Revenue: A Tale of Two Giants

In the competitive world of logistics, United Parcel Service, Inc. (UPS) and ZTO Express (Cayman) Inc. have been pivotal players. Over the past decade, UPS has consistently outpaced ZTO in terms of cost of revenue, reflecting its expansive global operations. From 2014 to 2023, UPS's cost of revenue surged by approximately 130%, peaking in 2022. In contrast, ZTO Express, a major player in China, saw a staggering 866% increase over the same period, highlighting its rapid growth in the Asian market. By 2023, ZTO's cost of revenue was about 36% of UPS's, up from just 9% in 2014. This trend underscores the dynamic shifts in the logistics industry, with ZTO's aggressive expansion strategy narrowing the gap. As global e-commerce continues to rise, these two giants are set to redefine the logistics landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025