Who Generates More Revenue? ZTO Express (Cayman) Inc. or Allegion plc

ZTO Express outpaces Allegion in revenue growth by 884% over a decade.

__timestampAllegion plcZTO Express (Cayman) Inc.
Wednesday, January 1, 201421183000003903572000
Thursday, January 1, 201520681000006086455000
Friday, January 1, 201622380000009788768000
Sunday, January 1, 2017240820000013060073000
Monday, January 1, 2018273170000017604451000
Tuesday, January 1, 2019285400000022109946000
Wednesday, January 1, 2020271990000025214290000
Friday, January 1, 2021286740000030405839000
Saturday, January 1, 2022327190000035376996000
Sunday, January 1, 2023365080000038418915000
Monday, January 1, 20243772200000
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Unlocking the unknown

Revenue Race: ZTO Express vs. Allegion

In the dynamic world of global business, revenue generation is a key indicator of a company's success. Over the past decade, ZTO Express (Cayman) Inc. and Allegion plc have been on a fascinating journey. ZTO Express, a leading express delivery company in China, has consistently outpaced Allegion, a global provider of security products and solutions, in revenue growth. From 2014 to 2023, ZTO Express's revenue surged by nearly 884%, reaching approximately 38.4 billion in 2023. In contrast, Allegion's revenue grew by about 72%, peaking at around 3.7 billion in the same year. This stark difference highlights ZTO's rapid expansion in the booming e-commerce market, while Allegion maintains steady growth in the security sector. As the global economy evolves, these companies exemplify the diverse paths to financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025