Zalando SE (WAR:ZAL) EBITDA Margin %: 1.20% (As of Mar. 2026) — 80% Below Median


WAR:ZAL Zalando SE WAR:ZAL
68 GF Score
Price zł103.40
GF Value zł127.91
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Zalando SE EBITDA Margin %?

Zalando SE WAR:ZAL 68 EBITDA Margin % is 1.20% as of Mar. 2026, which is 80% below its 10-year median of 5.99. GuruFocus rates WAR:ZAL with a GF Score™ of 68/100 and a GF Value™ of zł127.91 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Zalando SE ranks worse than 57.98% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Zalando SE's EBITDA for the three months ended in Mar. 2026 was zł153 Mil. Zalando SE's Revenue for the three months ended in Mar. 2026 was zł12,728 Mil. Therefore, Zalando SE's EBITDA margin for the quarter that ended in Mar. 2026 was 1.20%.


Zalando SE  (WAR:ZAL) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Zalando SE EBITDA Margin % Related Terms


Zalando SE EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Zalando SE's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zalando SE EBITDA Margin % Chart

Zalando SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.27 4.00 5.64 7.67 6.77

Zalando SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.09 8.76 5.41 7.40 1.20

WAR:ZAL vs AMZN, BABA, PDD: EBITDA Margin % Comparison

For the Internet Retail subindustry, Zalando SE's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zalando SE EBITDA Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zalando SE's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Zalando SE's EBITDA Margin % falls into.


WAR:ZAL
68GF Score
Zalando SE WAR:ZAL
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zalando SE EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Zalando SE's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=3598.03/53123.646
=6.77 %

Zalando SE's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=152.507/12727.779
=1.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 1.20% mean?
Zalando SE (WAR:ZAL) has a EBITDA Margin % of 1.20% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Zalando SE and its competitors. This is 80% below median its historical median of 5.99. Over the past decade, Zalando SE's EBITDA Margin % has ranged from 3.86 to 7.67. According to the industry distribution chart, Zalando SE ranks #654 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 58%.
Is Zalando SE's EBITDA Margin % too high?
Zalando SE's current EBITDA Margin % of 1.20% is 80% below median its 10-year median of 5.99. Over the past 10 years, this metric has ranged from a low of 3.86 to a high of 7.67. The Retail - Cyclical industry median EBITDA Margin % is 7.48. Zalando SE's value of 1.20% is 83.9% below this industry median. Based on the distribution chart, Zalando SE ranks #654 out of 1128 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Zalando SE has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zalando SE's EBITDA Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Zalando SE ranks #654 out of 1128 companies for EBITDA Margin %. This places Zalando SE in the lower half of its industry. The industry median EBITDA Margin % is 7.48. Zalando SE's value of 1.20% is 83.9% below this benchmark. Historically, Zalando SE's own EBITDA Margin % has ranged from 3.86 to 7.67 over the past decade. While the company's 10-year median is 5.99 vs. the industry median of 7.48, Zalando SE has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Retail - Cyclical company?
The median EBITDA Margin % among Retail - Cyclical companies is 7.48, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zalando SE's current EBITDA Margin % of 1.20% is 83.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Zalando SE and its competitors. For the Retail - Cyclical industry, the median EBITDA Margin % is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zalando SE's current EBITDA Margin % is 1.20%, which is 80% below median its own 10-year median of 5.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalando SE stock overvalued right now?
Based on GuruFocus' analysis, Zalando SE (WAR:ZAL) is currently considered Modestly Undervalued. The stock's GF Value™ is zł127.91, compared to a current price of zł103.40 — trading 19.2% below its estimated fair value. The current EBITDA Margin % is 1.20%, which is 80% below median its 10-year median of 5.99 and 83.9% below the Retail - Cyclical industry median of 7.48. Zalando SE's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Zalando SE (WAR:ZAL), the current EBITDA Margin % is 1.20% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zalando SE (WAR:ZAL) Overvalued in 2026?

Based on GuruFocus' analysis, Zalando SE stock appears to be undervalued. The current stock price of zł103.40 is trading 19.2% below its estimated GF Value™ of zł127.91. GuruFocus considers Zalando SE to be Modestly Undervalued.

Key valuation signals for WAR:ZAL:

  • EBITDA Margin %: 1.20% (80% below median its 10-year median of 5.99)
  • GF Value™: zł127.91 vs. price of zł103.40 (19.2% below fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 83.9% below the Retail - Cyclical median (#654 of 1128)

No single metric tells the full story. See the WAR:ZAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zalando SE Business Description

Address Valeska-Gert-Strabe 5, Berlin, DEU, 10243
Zalando, founded in 2008, is Europe's biggest pure-play online fashion platform. Zalando is present in 25 European countries, and its major market is the DACH region, comprising Germany, Austria, and Switzerland. After the About You acquisition, it has 17 fulfillment centers, offers over 7,000 brands, and as of September 2025, had 62 million active users (more than 10% of the population in countries where the firm has a presence).
68GF Score

Get the complete analysis for WAR:ZAL

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł103.40
Price
zł127.91
GF Value