Cost of Revenue Comparison: ZTO Express (Cayman) Inc. vs U-Haul Holding Company

Cost of Revenue: A Tale of Two Companies

In the dynamic world of logistics and transportation, ZTO Express (Cayman) Inc. and U-Haul Holding Company stand as intriguing case studies. Over the past decade, ZTO Express has consistently outpaced U-Haul in terms of cost of revenue, with figures soaring from approximately $2.8 billion in 2014 to an impressive $26.8 billion by 2023. This represents a staggering growth of nearly 860%. In contrast, U-Haul's cost of revenue, while more modest, has seen a significant increase from $127 million in 2014 to $3.98 billion in 2024, marking a growth of over 3000%. This data highlights the contrasting scales and growth trajectories of these two industry players. Notably, the data for ZTO Express in 2024 is missing, leaving room for speculation on its future performance. As the logistics landscape evolves, these trends offer valuable insights into the operational strategies of these companies.