Zalando SE (ZAL) — Capital Reinvestment Ratio
Zalando SE (ZAL) has a Capital Reinvestment Ratio of 0.04x as of December 2025, meaning it reinvests 0% of its operating cash flow (€881.80 Million) in capital expenditures (€38.50 Million). See ZAL net asset quality score to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Zalando SE Capital Reinvestment Ratio (2014–2025)
This chart tracks Zalando SE's Capital Reinvestment Ratio across 12 annual periods. Check ZAL total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Zalando SE (2014–2025)
Year-by-year Capital Reinvestment Ratio for Zalando SE from 2014 to 2025. For live market cap and broader valuation context, see ZAL stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.09x | €1.13 Billion | €98.00 Million | ▼ -72.5% |
| 2024 | 0.32x | €654.10 Million | €206.80 Million | ▲ +14.1% |
| 2023 | 0.28x | €949.50 Million | €263.20 Million | ▼ -63.7% |
| 2022 | 0.76x | €459.90 Million | €351.60 Million | ▲ +41.5% |
| 2021 | 0.54x | €616.20 Million | €332.90 Million | ▲ +13.9% |
| 2020 | 0.47x | €527.40 Million | €250.10 Million | ▼ -49.4% |
| 2019 | 0.94x | €327.20 Million | €306.50 Million | ▼ -28.4% |
| 2018 | 1.31x | €212.80 Million | €278.40 Million | ▲ +3.9% |
| 2017 | 1.26x | €193.70 Million | €243.90 Million | ▲ +91.1% |
| 2016 | 0.66x | €275.80 Million | €181.70 Million | ▲ +31.1% |
| 2015 | 0.50x | €119.40 Million | €60.00 Million | ▲ +72.2% |
| 2014 | 0.29x | €174.80 Million | €51.00 Million | — |