Zalando SE (ZAL1) Ratios
Zalando SE Ratios
DE:ZAL1's free cash flow for Q2 2026 was $466.03M. For the 2026 fiscal year, DE:ZAL1's free cash flow was decreased by $-18.07M and operating cash flow was $484.10M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.11 | 1.37 | 1.49 | 1.45 | 1.61 |
| Quick Ratio | 0.68 | 0.98 | 1.08 | 0.95 | 1.11 |
| Cash Ratio | 0.38 | 0.65 | 0.72 | 0.55 | 0.74 |
| Solvency Ratio | 0.09 | 0.11 | 0.07 | 0.06 | 0.10 |
| Operating Cash Flow Ratio | 0.22 | 0.16 | 0.27 | 0.13 | 0.20 |
| Short-Term Operating Cash Flow Coverage | 6.25 | 1.66 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ -1.38B | $ 133.10M | $ -485.50M | $ -120.70M | $ 317.30M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.15 | 0.22 | 0.23 | 0.23 | 0.23 |
| Debt-to-Equity Ratio | 0.51 | 0.65 | 0.78 | 0.78 | 0.71 |
| Debt-to-Capital Ratio | 0.34 | 0.39 | 0.44 | 0.44 | 0.42 |
| Long-Term Debt-to-Capital Ratio | 0.15 | 0.15 | 0.28 | 0.29 | 0.29 |
| Financial Leverage Ratio | 3.43 | 3.00 | 3.42 | 3.47 | 3.11 |
| Debt Service Coverage Ratio | 2.64 | 1.42 | 5.61 | 5.95 | 9.11 |
| Interest Coverage Ratio | 5.75 | 4.20 | 2.55 | 1.64 | 7.01 |
| Debt to Market Cap | 0.10 | 0.10 | 0.17 | 0.11 | 0.05 |
| Interest Debt Per Share | 2.90 | 3.51 | 3.74 | 3.45 | 3.17 |
| Net Debt to EBITDA | -0.56 | -1.06 | -1.19 | -0.78 | -1.08 |
| Profitability Margins | |||||
| Gross Profit Margin | 37.38% | 40.69% | 36.29% | 39.20% | 41.78% |
| EBIT Margin | 3.36% | 4.36% | 2.35% | 0.96% | 4.10% |
| EBITDA Margin | 6.58% | 7.67% | 5.64% | 3.82% | 6.38% |
| Operating Profit Margin | 3.36% | 3.71% | 2.26% | 0.99% | 4.01% |
| Pretax Profit Margin | 2.90% | 3.48% | 1.51% | 0.38% | 3.42% |
| Net Profit Margin | 1.74% | 2.38% | 0.82% | 0.16% | 2.26% |
| Continuous Operations Profit Margin | 1.72% | 2.38% | 0.82% | 0.16% | 2.27% |
| Net Income Per EBT | 60.02% | 68.23% | 54.28% | 43.30% | 66.19% |
| EBT Per EBIT | 86.32% | 93.90% | 66.83% | 37.74% | 85.25% |
| Return on Assets (ROA) | 2.13% | 3.15% | 1.02% | 0.22% | 3.40% |
| Return on Equity (ROE) | 7.31% | 9.42% | 3.50% | 0.76% | 10.57% |
| Return on Capital Employed (ROCE) | 8.43% | 9.81% | 4.99% | 2.60% | 10.94% |
| Return on Invested Capital (ROIC) | 4.66% | 5.89% | 2.63% | 1.08% | 7.06% |
| Return on Tangible Assets | 2.57% | 3.31% | 1.08% | 0.23% | 3.53% |
| Earnings Yield | 3.16% | 2.99% | 1.49% | 0.20% | 1.28% |
| Efficiency Ratios | |||||
| Receivables Turnover | 9.32 | 11.42 | 17.00 | 13.61 | 13.90 |
| Payables Turnover | 1.90 | 2.28 | 2.23 | 2.14 | 2.47 |
| Inventory Turnover | 3.47 | 4.05 | 4.31 | 3.48 | 3.90 |
| Fixed Asset Turnover | 5.91 | 5.36 | 4.97 | 5.67 | 6.71 |
| Asset Turnover | 1.22 | 1.32 | 1.25 | 1.36 | 1.50 |
| Working Capital Turnover Ratio | 11.92 | 6.64 | 6.03 | 5.85 | 5.32 |
| Cash Conversion Cycle | -48.32 | -37.61 | -57.32 | -38.45 | -27.61 |
| Days of Sales Outstanding | 39.14 | 31.97 | 21.47 | 26.81 | 26.26 |
| Days of Inventory Outstanding | 105.05 | 90.21 | 84.65 | 105.01 | 93.70 |
| Days of Payables Outstanding | 192.52 | 159.79 | 163.44 | 170.28 | 147.57 |
| Operating Cycle | 144.20 | 122.18 | 106.12 | 131.83 | 119.96 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.08 | 1.26 | 1.83 | 0.89 | 1.20 |
| Free Cash Flow Per Share | 1.90 | 0.86 | 1.32 | 0.21 | 0.55 |
| Dividend Paid and CapEx Coverage Ratio | 11.49 | 3.16 | 3.61 | 1.31 | 1.85 |
| Capital Expenditure Coverage Ratio | 11.49 | 3.16 | 3.61 | 1.31 | 1.85 |
| Operating Cash Flow Coverage Ratio | 0.75 | 0.38 | 0.51 | 0.27 | 0.39 |
| Operating Cash Flow to Sales Ratio | 0.09 | 0.06 | 0.09 | 0.04 | 0.06 |
| Free Cash Flow Yield | 15.10% | 5.32% | 12.33% | 1.27% | 1.55% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 31.41 | 33.43 | 67.09 | 505.93 | 78.07 |
| Price-to-Sales (P/S) Ratio | 0.55 | 0.79 | 0.55 | 0.82 | 1.77 |
| Price-to-Book (P/B) Ratio | 2.32 | 3.15 | 2.35 | 3.86 | 8.25 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 6.62 | 18.78 | 8.11 | 78.48 | 64.63 |
| Price-to-Operating Cash Flow Ratio | 6.05 | 12.85 | 5.86 | 18.48 | 29.71 |
| Price-to-Earnings Growth (PEG) Ratio | -1.79 | 0.16 | 0.17 | -5.45 | 70.27 |
| Enterprise Value Multiple | 7.82 | 9.29 | 8.54 | 20.72 | 26.65 |
| Enterprise Value | 6.11B | 7.54B | 4.89B | 8.19B | 17.60B |
| EV to EBITDA | 7.82 | 9.29 | 8.54 | 20.72 | 26.65 |
| EV to Sales | 0.51 | 0.71 | 0.48 | 0.79 | 1.70 |
| EV to Free Cash Flow | 6.18 | 16.86 | 7.12 | 75.64 | 62.11 |
| EV to Operating Cash Flow | 5.64 | 11.53 | 5.15 | 17.81 | 28.55 |
| Tangible Book Value Per Share | 2.24 | 4.37 | 3.80 | 3.46 | 3.80 |
| Shareholders’ Equity Per Share | 5.42 | 5.14 | 4.57 | 4.26 | 4.31 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.41 | 0.32 | 0.46 | 0.57 | 0.34 |
| Revenue Per Share | 22.77 | 20.40 | 19.53 | 20.06 | 20.10 |
| Net Income Per Share | 0.40 | 0.48 | 0.16 | 0.03 | 0.46 |
| Tax Burden | 0.60 | 0.68 | 0.54 | 0.43 | 0.66 |
| Interest Burden | 0.86 | 0.80 | 0.64 | 0.39 | 0.83 |
| Research & Development to Revenue | 0.01 | 0.00 | 0.01 | 0.01 | 0.00 |
| SG&A to Revenue | 0.14 | 0.14 | 0.05 | 0.05 | 0.04 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Income Quality | 5.24 | 2.60 | 11.44 | 27.38 | 2.63 |
Currency in EUR
