Gross Profit Trends: ZTO Express vs. Graco Inc.

In the ever-evolving landscape of global commerce, understanding the financial health of companies is crucial. This analysis delves into the gross profit trends of ZTO Express (Cayman) Inc. and Graco Inc. from 2014 to 2023.

A Decade of Growth

ZTO Express, a leading player in the logistics sector, has shown a remarkable growth trajectory. From 2014 to 2023, its gross profit surged by over 900%, reflecting the booming e-commerce industry in China. In contrast, Graco Inc., a stalwart in the manufacturing sector, experienced a steady increase of approximately 74% over the same period, showcasing its resilience and adaptability.

Key Insights

By 2023, ZTO Express's gross profit reached a peak, surpassing Graco Inc. by a factor of ten. However, data for 2024 is incomplete, indicating potential volatility. This comparison highlights the dynamic nature of different industries and their responses to global economic shifts.