Key Insights on Gross Profit: ZTO Express (Cayman) Inc. vs Allegion plc

ZTO vs. Allegion: A Decade of Profit Growth

__timestamp	Allegion plc	ZTO Express (Cayman) Inc.
Wednesday, January 1, 2014	853700000	1133042000
Thursday, January 1, 2015	869100000	2087718000
Friday, January 1, 2016	985300000	3442869000
Sunday, January 1, 2017	1070700000	4345584000
Monday, January 1, 2018	1173300000	5364883000
Tuesday, January 1, 2019	1252300000	6621168000
Wednesday, January 1, 2020	1178800000	5837106000
Friday, January 1, 2021	1204900000	6589377000
Saturday, January 1, 2022	1322400000	9039275000
Sunday, January 1, 2023	1581500000	11662526000
Monday, January 1, 2024	1668500000

Igniting the spark of knowledge

A Tale of Two Companies: Gross Profit Trends from 2014 to 2023

In the ever-evolving landscape of global business, ZTO Express (Cayman) Inc. and Allegion plc have showcased remarkable growth in their gross profits over the past decade. From 2014 to 2023, ZTO Express has seen its gross profit skyrocket by over 900%, reflecting its robust expansion in the logistics sector. Meanwhile, Allegion plc, a leader in security products, has experienced a steady increase of approximately 85% in the same period.

The year 2023 marked a significant milestone, with ZTO Express achieving a gross profit of over 11.6 billion, a testament to its strategic market positioning. Allegion plc also reached new heights, with a gross profit of 1.58 billion, underscoring its resilience and innovation in a competitive market. These trends highlight the dynamic nature of global commerce and the diverse strategies companies employ to thrive.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025