ZTO Express (Cayman) Inc. vs TFI International Inc.: A Gross Profit Performance Breakdown

ZTO vs. TFI: A Decade of Gross Profit Growth

__timestampTFI International Inc.ZTO Express (Cayman) Inc.
Wednesday, January 1, 20144173233641133042000
Thursday, January 1, 20153525528032087718000
Friday, January 1, 20163582300423442869000
Sunday, January 1, 20174052143144345584000
Monday, January 1, 20185100063885364883000
Tuesday, January 1, 20195026319216621168000
Wednesday, January 1, 20205418850005837106000
Friday, January 1, 202110378630006589377000
Saturday, January 1, 202214268510009039275000
Sunday, January 1, 2023126539200011662526000
Loading chart...

Igniting the spark of knowledge

A Tale of Two Giants: ZTO Express vs. TFI International

In the dynamic world of logistics, ZTO Express and TFI International have emerged as formidable players. Over the past decade, ZTO Express has consistently outperformed TFI International in terms of gross profit. From 2014 to 2023, ZTO's gross profit surged by over 900%, peaking at approximately $11.7 billion in 2023. In contrast, TFI International's growth, while impressive, was more modest, with a 260% increase, reaching around $1.3 billion in the same year.

Key Insights

  • 2014-2018: ZTO's gross profit grew at an average annual rate of 40%, while TFI's increased by 6%.
  • 2019-2023: ZTO maintained its momentum with a 76% rise, whereas TFI saw a significant boost of 152%.

This performance highlights ZTO's dominance in the Asian market and TFI's strategic expansion in North America.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025