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E

Ermenegildo Zegna ZGN · USD

Consumer Discretionary · US listing · 🇺🇸 United States

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14.34

+1.92%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in EUR, from our data supplier.

FY2025

Revenue

€2.14bn

FY2018FY2025

Net income

€110.0m

FY2018FY2025

Free cash flow

€281.3m

FY2018FY2025

Shareholders' equity

€1.20bn

FY2018FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue€2.14bn€2.26bn€2.21bn€1.73bn€1.50bn€1.18bn€1.53bn€1.37bn
Operating income€181.8m€193.8m€241.7m€171.6m−€96.5m−€17.6m€102.9m€110.1m
Net income€110.0m€89.5m€141.1m€59.8m−€157.9m−€58.7m€25.3m€43.8m
Diluted earnings per share0.410.350.560.29-0.77-0.260.100.18

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Total assets€3.29bn€3.29bn€3.21bn€2.82bn€2.85bn€2.80bn€3.07bn€3.24bn
Cash and short-term investments€343.4m€343.9m€449.5m€665.4m€929.3m€775.2m€691.1m€886.4m
Total liabilities€2.01bn€2.15bn€2.17bn€1.97bn€2.11bn€2.06bn€2.22bn€2.40bn
Debt€1.14bn€1.04bn€996.3m€914.6m€1.07bn€1.08bn€1.13bn€1.01bn
Shareholders' equity€1.20bn€1.06bn€975.9m€788.5m€698.2m€698.9m€799.9m€802.8m
Shares outstanding266m255m250m203m205m222m242m242m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash from operations€374.3m€324.2m€319.8m€170.0m€326.5m€82.3m€202.2m€223.9m
Capital spending−€93.1m−€145.8m−€90.4m−€85.1m−€109.5m−€45.5m−€69.1m−€69.8m
Free cash flow€281.3m€178.4m€229.4m€84.9m€217.0m€36.9m€133.1m€154.1m
Dividends paid−€34.0m−€35.2m−€29.1m−€25.4m−€118,458−€2.0m−€14.8m−€17.0m

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Dec 2024Jun 2024Mar 2024Dec 2023Sept 2023
Revenue€1.16bn€981.9m€927.7m€986.5m€960.1m€1.16bn€1.00bn€581.5m
Operating income€87.6m€93.6m€61.3m€93.8m€73.1m€106.4m€91.6m€59.7m
Net income€27.3m€55.1m€43.1m€52.0m€25.1m€87.8m€75.6m€43.9m
Diluted earnings per share0.100.210.160.200.100.340.300.18
Cash from operations€185.0m€234.0m€98.0m€166.0m€121.0m€191.0m€319.0m€97.0m
Capital spending−€57.0m−€43.0m−€42.0m−€52.0m−€47.0m−€36.0m−€90.0m−€18.0m
Free cash flow€128.0m€191.0m€56.0m€114.0m€74.0m€155.0m€229.0m€79.0m
Total assets€3.59bn€3.29bn€3.17bn€3.29bn€3.23bn€3.21bn€2.77bn€3.21bn
Cash and short-term investments€341.9m€343.4m€268.5m€343.9m€376.9m€449.5m€387.2m€448.7m
Debt€282.3m€1.14bn€1.20bn€1.20bn€1.18bn€479.5m€584.4m€479.5m
Shareholders' equity€1.20bn€1.20bn€1.03bn€1.06bn€990.3m€975.9m€840.3m€975.9m

Financial ratios

Data as of 28 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin8.5%8.7%10.5%11.0%-6.4%-1.5%
Net margin5.1%4.0%6.4%3.4%-10.5%-5.0%
Return on equity9.2%8.4%14.5%7.6%-22.6%-8.4%
Return on assets3.3%2.7%4.4%2.1%-5.5%-2.1%
Free cash flow yield11.3%11.9%10.6%8.1%13.7%3.7%
Revenue growth-5.4%2.2%27.6%15.5%26.7%-22.8%
Earnings growth22.8%-36.6%136.1%-137.9%168.9%-332.5%
Current ratio1.59x1.41x1.27x1.48x1.97x2.31x
Debt to equity0.38x0.56x0.63x0.86x1.22x1.27x
Equity ratio36.4%32.3%30.4%28.0%24.5%24.9%
Interest coverage3.68x4.29x6.51x10.21x-5.97x-0.93x
Buybacks as a share of market value-4.3%-2.0%-23.0%0.9%7.6%8.2%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue7.3%12.7%—
Operating income1.9%——
Net income22.5%——

Average margins

Over each period

1 year3 years5 years10 years
Operating margin8.5%9.5%6.1%—
Net margin4.5%4.8%1.7%—

Valuation history

At each fiscal year end

FY2025
Price to earnings24.8
Price to sales1.3

Market value over time

29 Jan 2021 to 27 Oct 2026, in EUR

€93.2m€3.61bn

Share price return

Finished calendar years

2025
Return30%

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 6 Jul 2026.

FY2026FY2025FY2024FY2023FY2022
Paid in the year0.120.120.120.100.09

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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