Seek Returns

FDXF vs. ZTO: FedEx Freight vs. ZTO Express (Cayman) Stock Comparison

How do FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO) both fall under the Transportation industry group, but FDXF is classified in Ground Transportation while ZTO is classified in Air Freight & Logistics.

ZTO Express (Cayman) (ZTO) has been public since October 27, 2016 with a meaningfully longer listed history, while FedEx Freight (FDXF) only listed on May 27, 2026 — long-window metrics on the FDXF side should be interpreted with caution.

FedEx Freight (FDXF) trades as ordinary local shares, while ZTO Express (Cayman) (ZTO) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO)
Profile ItemFDXFZTO
NameFedEx Freight Holding Company, Inc.ZTO Express (Cayman) Inc. ADR
Country/RegionUnited StatesChina
GICS SectorIndustrialsIndustrials
GICS Industry GroupTransportationTransportation
GICS IndustryGround TransportationAir Freight & Logistics
GICS Sub-IndustryCargo Ground TransportationAir Freight & Logistics
Market Capitalization18.47 billion USD15.53 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMay 27, 2026October 27, 2016
Security TypeCommon StockADR

Price Performance

Cumulative Growth

FDXF
ZTO
GSPC
Loading price history…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO)
MetricFDXFZTO
Total Return (1Y)--11.22%
Total Return (3Y, Annualized)---1.86%
Total Return (5Y, Annualized)---3.82%

Risk Profile

Drawdown History

FDXF
ZTO
GSPC
Loading price history…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Both FedEx Freight (FDXF, beta -1.72) and ZTO Express (Cayman) (ZTO, beta -0.18) report negative betas, suggesting inverse market sensitivity over the measurement window. That is unusual for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise; treat both readings with caution.

Risk profile metrics for FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO)
MetricFDXFZTO
Volatility (1Y, Annualized)64.08%24.57%
Beta (5Y)-1.72-0.18
Max Drawdown (5Y)-42.72%-49.55%
Avg. Volume (3M)1.53M2.26M

Risk-Adjusted Performance

Risk-Return Positioning

Both FDXF and ZTO need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Risk-adjusted metrics for FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO)
MetricFDXFZTO
Sharpe Ratio (1Y)--0.28
Sortino Ratio (1Y)--0.40

Profitability

ROE (TTM)

FedEx Freight (FDXF) at 69.09% clears its industry range for ROE, a sharper capital-efficiency signal than ZTO Express (Cayman) (ZTO) at 16.28%, which is closer to a typical peer reading.

FDXF

Transportation industry group

69.09%

FDXF
69.09%
Max
45.08%
Q3
22.02%
Median
13.94%
Q1
2.89%
Min
-10.45%

ZTO

Transportation industry group

16.28%

Max
45.08%
Q3
22.02%
ZTO
16.28%
Median
13.94%
Q1
2.89%
Min
-10.45%
Loading chart…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO): A comparison of their ROE against the Transportation industry group benchmark.

Net Margin (TTM)

Both FedEx Freight (FDXF) at 7.45% and ZTO Express (Cayman) (ZTO) at 19.04% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

FDXF

Transportation industry group

7.45%

Max
50.36%
Q3
21.18%
FDXF
7.45%
Median
5.58%
Q1
1.55%
Min
-11.37%

ZTO

Transportation industry group

19.04%

Max
50.36%
Q3
21.18%
ZTO
19.04%
Median
5.58%
Q1
1.55%
Min
-11.37%
Loading chart…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO): A comparison of their net margin against the Transportation industry group benchmark.

Operating Margin (TTM)

Both FedEx Freight (FDXF) at 14.66% and ZTO Express (Cayman) (ZTO) at 22.19% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

FDXF

Transportation industry group

14.66%

Max
59.18%
Q3
29.30%
FDXF
14.66%
Median
11.50%
Q1
4.62%
Min
-8.91%

ZTO

Transportation industry group

22.19%

Max
59.18%
Q3
29.30%
ZTO
22.19%
Median
11.50%
Q1
4.62%
Min
-8.91%
Loading chart…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO): A comparison of their operating margin against the Transportation industry group benchmark.

Profitability Metrics

Profitability metrics for FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO)
MetricFDXFZTO
ROE (TTM)69.09%16.28%
ROA (TTM)5.67%7.38%
Net Margin (TTM)7.45%19.04%
Operating Margin (TTM)14.66%22.19%
Gross Margin (TTM)29.28%25.10%

Growth

Revenue Growth

ZTO Express (Cayman) (ZTO) at 10.88% sits in the top revenue growth quartile, while FedEx Freight (FDXF) at -1.09% is closer to the peer norm — faster top-line expansion for ZTO.

Loading chart…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both FedEx Freight (FDXF) at -51.34% and ZTO Express (Cayman) (ZTO) at 4.58% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Loading chart…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO)
MetricFDXFZTO
Revenue Growth (YoY)-1.09%10.88%
Revenue Growth (3Y CAGR)-4.46%11.54%
EPS Growth (YoY)-51.34%4.58%
EPS Growth (3Y CAGR)-25.45%10.21%

Financial Strength

Current Ratio (MRQ)

FedEx Freight (FDXF) at 1.52 keeps current ratio within its industry’s typical mid-range, while ZTO Express (Cayman) (ZTO) at 1.67 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

FDXF

Transportation industry group

1.52

Max
2.58
Q3
1.62
FDXF
1.52
Median
1.16
Q1
0.78
Min
0.22

ZTO

Transportation industry group

1.67

Max
2.58
ZTO
1.67
Q3
1.62
Median
1.16
Q1
0.78
Min
0.22
Loading chart…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO): A comparison of their current ratio against the Transportation industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: ZTO Express (Cayman) (ZTO) carries debt-to-equity ratio of 0.35 against its industry range, while FedEx Freight (FDXF) reports no figure this period.

FDXF

Transportation industry group

--

Max
2.75
Q3
1.37
Median
0.78
Q1
0.35
Min
0.00
FDXF
--

ZTO

Transportation industry group

0.35

Max
2.75
Q3
1.37
Median
0.78
ZTO
0.35
Q1
0.35
Min
0.00
Loading chart…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO): FDXF does not report debt-to-equity ratio, so it has no value marker; ZTO is benchmarked against the Transportation industry group.

Financial Strength Metrics

Financial strength metrics for FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO)
MetricFDXFZTO
Current Ratio (MRQ)1.521.67
Debt / Equity (MRQ)--0.35
Net Debt / EBITDA5.94-0.62

Dividends

Dividend Yield (TTM)

FedEx Freight (FDXF) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile ZTO Express (Cayman) (ZTO) reports a yield of 12.89%, ranking against industry peers normally.

FDXF

Transportation industry group

0.00%

Max
4.68%
Q3
1.99%
Median
0.74%
FDXF
0.00%
Q1
0.00%
Min
0.00%

ZTO

Transportation industry group

12.89%

ZTO
12.89%
Max
4.68%
Q3
1.99%
Median
0.74%
Q1
0.00%
Min
0.00%
Loading chart…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO): A comparison of their dividend yield against the Transportation industry group benchmark.

Dividend Payout Ratio (TTM)

FedEx Freight (FDXF) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile ZTO Express (Cayman) (ZTO) reports a payout of 38.36%, ranking against industry peers normally.

FDXF

Transportation industry group

0.00%

Max
100.89%
Q3
41.68%
Median
20.43%
FDXF
0.00%
Q1
0.00%
Min
0.00%

ZTO

Transportation industry group

38.36%

Max
100.89%
Q3
41.68%
ZTO
38.36%
Median
20.43%
Q1
0.00%
Min
0.00%
Loading chart…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO): A comparison of their payout ratio against the Transportation industry group benchmark.

Dividend Metrics

Dividend metrics for FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO)
MetricFDXFZTO
Dividend Yield (TTM)0.00%12.89%
Dividend Payout Ratio (TTM)0.00%38.36%

Valuation

P/E Ratio (TTM)

ZTO Express (Cayman) (ZTO) at 11.37 is near its industry’s usual P/E ratio, while FedEx Freight (FDXF) at 36.23 sits in the richer quartile — FDXF needs stronger growth or earnings quality to justify the premium.

FDXF

Transportation industry group

36.23

Max
46.76
FDXF
36.23
Q3
30.87
Median
20.58
Q1
10.44
Min
0.00

ZTO

Transportation industry group

11.37

Max
46.76
Q3
30.87
Median
20.58
ZTO
11.37
Q1
10.44
Min
0.00
Loading chart…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO): A comparison of their P/E ratio against the Transportation industry group benchmark.

P/S Ratio (TTM)

ZTO Express (Cayman) (ZTO) at 0.29 looks cheap on sales in the lower P/S ratio quartile, while FedEx Freight (FDXF) at 2.10 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

FDXF

Transportation industry group

2.10

Max
4.35
FDXF
2.10
Q3
2.07
Median
0.93
Q1
0.53
Min
0.04

ZTO

Transportation industry group

0.29

Max
4.35
Q3
2.07
Median
0.93
Q1
0.53
ZTO
0.29
Min
0.04
Loading chart…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO): A comparison of their P/S ratio against the Transportation industry group benchmark.

P/B Ratio (MRQ)

FedEx Freight (FDXF) reports a negative P/B ratio of -73.55, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile ZTO Express (Cayman) (ZTO) reports 1.66, ranking against industry peers normally.

FDXF

Transportation industry group

-73.55

Max
6.29
Q3
3.39
Median
1.90
Q1
1.03
Min
-2.07
FDXF
-73.55

ZTO

Transportation industry group

1.66

Max
6.29
Q3
3.39
Median
1.90
ZTO
1.66
Q1
1.03
Min
-2.07
Loading chart…
FedEx Freight (FDXF) vs. ZTO Express (Cayman) (ZTO): A comparison of their P/B ratio against the Transportation industry group benchmark.

Valuation Metrics

Valuation metrics for FedEx Freight (FDXF) and ZTO Express (Cayman) (ZTO)
MetricFDXFZTO
P/E Ratio (TTM)36.2311.37
P/S Ratio (TTM)2.100.29
P/B Ratio (MRQ)-73.551.66
Free Cash Flow Yield (TTM)-2.77%41.42%