Zalando SE (ZAL) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.04x

Zalando SE (ZAL) has a Cash Flow Reinvestment Rate of 0.04x as of December 2025, reinvesting €38.50 Million (capex €38.50 Million ) from operating cash flow of €881.80 Million. Check how high is Zalando SE's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.04x
(Capex + Investments) / Operating CF

Total Reinvested

€38.50 Million
Capex + Investments

Operating Cash Flow

€881.80 Million
EUR

Capital Expenditures

€38.50 Million
EUR

Zalando SE Cash Flow Reinvestment Rate (2014–2025)

Historical reinvestment intensity for Zalando SE across 12 annual periods. Explore how much of Zalando SE's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Zalando SE (2014–2025)

Year-by-year capital reinvestment analysis for Zalando SE. For live market cap and broader valuation context, see ZAL market cap overview.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 0.13x €147.00 Million €1.13 Billion €98.00 Million ▼ -82.1%
2024 0.73x €476.60 Million €654.10 Million €206.80 Million ▲ +24.3%
2023 0.59x €556.40 Million €949.50 Million €263.20 Million ▼ -67.4%
2022 1.80x €827.80 Million €459.90 Million €351.60 Million ▲ +230.2%
2021 0.55x €335.90 Million €616.20 Million €332.90 Million ▲ +4.5%
2020 0.52x €275.10 Million €527.40 Million €250.10 Million ▼ -45.2%
2019 0.95x €311.50 Million €327.20 Million €306.50 Million ▼ -32.1%
2018 1.40x €298.40 Million €212.80 Million €278.40 Million ▼ -35.9%
2017 2.19x €423.90 Million €193.70 Million €243.90 Million ▲ +31.6%
2016 1.66x €458.80 Million €275.80 Million €181.70 Million ▼ -7.6%
2015 1.80x €215.00 Million €119.40 Million €60.00 Million ▲ +52.8%
2014 1.18x €206.00 Million €174.80 Million €51.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow