ZTO Express (Cayman) Inc. and Graco Inc.: A Comprehensive Revenue Analysis

A Tale of Two Companies: ZTO Express and Graco Inc.

In the ever-evolving landscape of global commerce, ZTO Express (Cayman) Inc. and Graco Inc. stand as intriguing examples of growth and resilience. Over the past decade, ZTO Express has seen its revenue skyrocket by nearly 884%, from approximately $3.9 billion in 2014 to an impressive $38.4 billion in 2023. This meteoric rise underscores the booming logistics and delivery sector in China, driven by the e-commerce surge.

Meanwhile, Graco Inc., a stalwart in the manufacturing industry, has demonstrated steady growth, with revenues increasing by about 80% over the same period. From $1.2 billion in 2014, Graco's revenue reached $2.2 billion in 2023, reflecting its robust market position and consistent demand for its products.

While ZTO Express's data for 2024 remains elusive, Graco's slight dip suggests potential market challenges. These insights offer a fascinating glimpse into the dynamics of two distinct industries.