Key Insights on Gross Profit: ZTO Express (Cayman) Inc. vs Clean Harbors, Inc.

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

In the competitive landscape of logistics and environmental services, ZTO Express (Cayman) Inc. and Clean Harbors, Inc. have shown remarkable growth in gross profit over the past decade. ZTO Express, a leading express delivery company in China, has seen its gross profit skyrocket by over 900% from 2014 to 2023, reaching a peak of approximately $11.7 billion in 2023. This growth reflects the booming e-commerce market and ZTO's strategic expansion.

Meanwhile, Clean Harbors, a prominent player in environmental and industrial services, has experienced a steady increase in gross profit, growing by about 73% over the same period. By 2023, Clean Harbors' gross profit reached approximately $1.66 billion, underscoring its resilience and adaptability in a challenging industry.

These trends highlight the dynamic nature of global markets and the importance of strategic positioning in achieving financial success.