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 debt-free asset ratio of Zalando SE to measure how much of total assets are equity-financed.

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. Check Zalando SE cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Budimex S.A. WAR:BDX	-0.016x
Rumo S.A SA:RAIL3	0.065x
Codan Ltd AU:CDA	0.097x
Plains GP Holdings LP NASDAQ:PAGP	0.030x
CTS Eventim AG & Co. KGaA XETRA:EVD	-0.111x
Western Superconducting Tech Co Ltd SHG:688122	-0.040x
CCC Intelligent Solutions Holdings Inc. Common Stock NASDAQ:CCCS	0.021x

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 how much is Zalando SE worth.

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

$8.79 Billion

€7.51 Billion EUR

Market Cap Rank

#3465 Global

#646 in Germany

Share Price

€29.11

Change (1 day)

+3.01%

52-Week Range

€19.09 - €30.24

All Time High

€104.65