Zalando SE

Zalando SE

ZAL.WA
Zalando SEPL flagWarsaw Stock Exchange
119.90
PLN
+9.70
- -
31.11BMarket Cap
Zalando SE
ZAL.WA
(Warsaw Stock Exchange)

Recent

price

119.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.63
2.08
4.73
8
9.77
12.02
14.72
18.15
21.79
26.18
31.86
40.19
40.11
39.06
40.8
47.41
50.7
Revenue per Share
-0.09
-0.24
-0.35
-0.53
0.21
0.49
0.49
0.42
0.21
0.4
0.9
0.91
0.07
0.32
0.97
0.83
0.46
Basic EPS, GAAP
-0.07
-0.22
-0.58
-0.7
0.55
0.24
0.38
-0.2
-0.27
0.08
1.11
1.1
0.42
2.64
1.73
3.47
2.25
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.1
-0.35
-0.7
-1.3
0.02
0.52
1.01
1.41
1.61
2.02
2.91
3.76
3.83
4.13
5.1
5.9
5.67
Book Value per Share
0.14
0.42
1.83
2.38
4.85
4.97
5.29
5.49
5.5
6.02
7.65
7.59
6.92
7.6
8.73
4.49
4.1
Tangible Book Value per Share
245
245
245
220
226
246
247
247
247
248
250
258
258
260
259
260
255
Basic Weighted Avg Shares
154
510
1,159
1,762
2,214
2,958
3,639
4,489
5,388
6,482
7,982
10,354
10,345
10,143
10,572
12,346
12,923
Sales/Revenue/Turnover
-15.04
-11.56
-7.21
-6.47
2.8
2.95
5.4
4.18
2.21
2.56
4.6
4.1
0.78
1.88
3.71
3.14
2.21
Operating Margin (%)
- -
2
6
15
26
34
48
59
86
195
214
235
312
334
350
405
438
Depreciation Expense
-23
-60
-85
-117
47
122
120
103
51
100
226
234
17
83
251
215
118
Net Income, GAAP
- -
- -
- -
- -
18.23
- -
37.58
42.01
51.52
31.19
29.01
33.78
56.7
45.72
31.77
40.65
51.66
Effective Tax Rate (%)
-15.02
-11.72
-7.34
-6.62
2.13
4.11
3.31
2.3
0.95
1.54
2.83
2.26
0.16
0.82
2.38
1.74
0.91
Profit Margin (%)
34
83
390
400
964
1,050
1,047
1,041
860
771
1,995
1,898
1,617
1,723
1,462
528
413
Working Capital
- -
- -
11
17
18
14
11
8
6
484
1,317
1,474
1,587
1,719
1,183
1,268
1,232
LT Debt
35
106
458
546
1,127
1,271
1,407
1,539
1,549
1,684
2,151
2,219
2,199
2,373
2,665
2,826
2,698
Total Equity
- -
- -
- -
- -
6.11
- -
9.38
7.35
3.71
6.02
8.41
7.19
0.89
2.48
5.98
5.08
3.21
Return on Invested Capital (%)
- -
- -
- -
- -
-42.3
- -
62.66
36.7
15.49
16.53
15.08
10.86
1.67
4.6
10.55
8.66
5.25
Return on Capital (%)
- -
- -
- -
- -
- -
180.94
63.64
34.5
13.77
22.21
36.8
27.6
1.72
8.07
20.99
15.06
8.46
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
205
173
176
LT Borrowings
478
481
484
LT Finance Leases
757
787
748
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
258
258
258
Market Capitalization
6,970
6,336
5,317

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
5,290
5,487
4,998
Cash, Cash Equivalents & STI
1,437
1,959
1,319
Accounts Receivable, Net
982
821
956
Inventories
2,523
2,105
2,341
Total Current Liabilities
4,717
4,959
4,585
Payables & Accruals
- -
- -
- -
ST Debt
205
173
176
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.57%
5.7%
6.02%
Free Cash Flow
158.51%
108.27%
102.06%
Net Income, GAAP
64.85%
98.62%
-14.34%
Sales/Revenue/Turnover
15.85%
9.74%
16.78%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,241
2,643
2,388
3,300
10,572
2025
2,420
2,835
3,021
4,071
12,346
2026
2,996
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
0.37
0.17
- -
0.97
2025
0.04
0.37
0.06
- -
0.83
2026
-0.34
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Zalando SE operates as Europe's leading pan-European online platform for fashion and lifestyle e-commerce, connecting customers, brands and partners across 25 countries including Germany, Austria, Switzerland, Belgium, France, Italy, the Netherlands, Poland, Spain, Sweden and the United Kingdom; it offers an extensive assortment of approximately 890,000 SKUs encompassing women's and men's textile, footwear, accessories, underwear, beachwear, sports, designer, kids and beauty products from around 4,000 brands, complemented by six in-house private labels--Anna Field, Even & Odd, Friboo, Pier One, Yourturn and Zign--alongside offprice channels via Lounge by Zalando shopping club and outlet stores, personalized AI-powered recommendations, size guidance, conversational Zalando Assistant, pre-owned fashion trading launched in 2020, and proprietary Buy Now Pay Later payment solutions processing around 20 billion euros annually. The Berlin-headquartered company, founded in 2008 by Robert Gentz and David Schneider, employs over 15,000 people from 140 nationalities and leverages advanced infrastructure including its in-house payments platform with e-Money license, Zalando Marketing Services for multichannel brand growth, and ZEOS--established as a brand in 2023--providing fulfillment, shipping, returns, software and services for multi-channel e-commerce operations enabling partners to manage inventory from warehouses, partner programs and connected retail stores across Europe. In recent developments, Zalando completed its strategic combination with ABOUT YOU Holding SE in July 2025 following European Commission approval, acquiring 91.45% of its share capital with a planned squeeze-out merger finalizing full ownership by November 2025 to create a dual-brand B2C strategy and integrate ABOUT YOU's SCAYLE with ZEOS and Tradebyte for enhanced B2B logistics, software and synergies targeting around 100 million euros in annual Group EBIT savings, while expanding its AI-powered discovery feed to 16 additional markets in October 2025, adjusting 2025 guidance for 12-15% GMV growth and 12.1-12.4 billion euros in revenue, and advancing collaborations such as with NEXT for multi-channel fulfillment.