Zalando SE (ZAL) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.162x

Based on the latest financial reports, Zalando SE (ZAL) has a cash flow conversion efficiency ratio of -0.162x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€-438.20 Million ≈ $-512.30 Million USD) by net assets (€2.70 Billion ≈ $3.15 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See ZAL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Zalando SE - Cash Flow Conversion Efficiency Trend (2010–2025)

This chart illustrates how Zalando SE's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Zalando SE Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zalando SE ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Bank of Ayudhya Public Company Limited F:NVAU	0.070x
CG Oncology, Inc. Common stock NASDAQ:CGON	-0.048x
Premier Energies Limited NSE:PREMIERENE	0.144x
TEMENOS AG UNSP.ADR/1 F:TE8A	0.194x
Zhuzhou Hongda Electronics Corp Ltd Class A SHE:300726	-0.001x
Turkcell Iletisim Hizmetleri A.S F:TUL1	0.103x
CCC Intelligent Solutions Holdings Inc. Common Stock NASDAQ:CCCS	0.021x
Perseus Mining Ltd TO:PRU	0.078x

Annual Cash Flow Conversion Efficiency for Zalando SE (2010–2025)

The table below shows the annual cash flow conversion efficiency of Zalando SE from 2010 to 2025. For the full company profile with market capitalisation and key ratios, see ZAL market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	€2.83 Billion ≈ $3.30 Billion	€1.13 Billion ≈ $1.32 Billion	0.399x	+62.41%
2024-12-31	€2.67 Billion ≈ $3.12 Billion	€654.10 Million ≈ $764.71 Million	0.245x	-38.66%
2023-12-31	€2.37 Billion ≈ $2.77 Billion	€949.50 Million ≈ $1.11 Billion	0.400x	+91.33%
2022-12-31	€2.20 Billion ≈ $2.57 Billion	€459.90 Million ≈ $537.67 Million	0.209x	-24.70%
2021-12-31	€2.22 Billion ≈ $2.59 Billion	€616.20 Million ≈ $720.40 Million	0.278x	+13.27%
2020-12-31	€2.15 Billion ≈ $2.51 Billion	€527.40 Million ≈ $616.59 Million	0.245x	+26.16%
2019-12-31	€1.68 Billion ≈ $1.97 Billion	€327.20 Million ≈ $382.53 Million	0.194x	+41.47%
2018-12-31	€1.55 Billion ≈ $1.81 Billion	€212.80 Million ≈ $248.79 Million	0.137x	+9.14%
2017-12-31	€1.54 Billion ≈ $1.80 Billion	€193.70 Million ≈ $226.46 Million	0.126x	-35.77%
2016-12-31	€1.41 Billion ≈ $1.65 Billion	€275.80 Million ≈ $322.44 Million	0.196x	+108.65%
2015-12-31	€1.27 Billion ≈ $1.49 Billion	€119.40 Million ≈ $139.59 Million	0.094x	-39.46%
2014-12-31	€1.13 Billion ≈ $1.32 Billion	€174.80 Million ≈ $204.36 Million	0.155x	+205.78%
2013-12-31	€546.51 Million ≈ $638.93 Million	€-80.15 Million ≈ $-93.71 Million	-0.147x	+28.76%
2012-12-31	€458.20 Million ≈ $535.68 Million	€-94.33 Million ≈ $-110.29 Million	-0.206x	+47.19%
2011-12-31	€105.52 Million ≈ $123.37 Million	€-41.14 Million ≈ $-48.10 Million	-0.390x	+23.95%
2010-12-31	€35.10 Million ≈ $41.03 Million	€-17.99 Million ≈ $-21.03 Million	-0.513x	--

About Zalando SE

XETRA:ZAL Germany Internet Retail

Market Cap

$7.39 Billion

€6.32 Billion EUR

Market Cap Rank

#3545 Global

#646 in Germany

Share Price

€24.49

Change (1 day)

+0.74%

52-Week Range

€19.09 - €29.08

All Time High

€104.65