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. See ZAL cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see cash flow conversion of Zalando SE.
Annual Cash Flow Reinvestment Rate for Zalando SE (2014–2025)
Year-by-year capital reinvestment analysis for Zalando SE. See financial agility of Zalando SE to measure the company's free cash flow as a share of total liabilities.
| 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