Ermenegildo Zegna N.V. logo

Ermenegildo Zegna N.V.

ZGN

NYSEConsumer CyclicalApparel - Manufacturers

Regular session

$13.785

−$0.115 · -0.83%

Aug 24, 12:29 PM ET

ZGN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

76

Undervalued

Momentum

58

Neutral

Sentiment

56

Mixed

Risk resilience

67

Moderate Risk

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Company profile

Company website

Ermenegildo Zegna N.V., along with its affiliated entities, operates as a leading luxury fashion house. The company is engaged in the design, production, marketing, and global distribution of high-end menswear, footwear, leather goods, and assorted accessories, primarily under its distinguished Zegna and Thom Browne labels. Its comprehensive men's collection features opulent leisurewear, sophisticated formal wear including suits, tuxedos, shirts, blazers, and overcoats, as well as accompanying accessories. The offering also encompasses an array of refined leather accessories such as shoes, bags, belts, and smaller leather articles, alongside fragrances. Furthermore, under the Thom Browne brand, the company extends its portfolio to include luxury womenswear and childrenswear. Zegna also provides licensed products like eyewear, cufflinks, fine jewelry, timepieces, intimate apparel, and beachwear, which are manufactured by external partners. The firm connects with its clientele through its global network of retail stores and online platforms, serving regions across Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. Established in 1910, Ermenegildo Zegna N.V. is headquartered in Trivero, Italy, and functions as a subsidiary of Monterubello Societa' Semplice.

Industry
Apparel - Manufacturers
Sector
Consumer Cyclical
Headquarters
IT
CEO
Gianluca Ambrogio Tagliabue
Listed since
Dec 20, 2021
Employees
7,243

Market position

Day range

Current $13.785

52-week range

Current $13.785

Open
$14.02
Previous close
$13.90
Volume
162.43K
0.15× average
Average volume
1.11M
Average daily volume
Market cap
3.7B USD
Beta
0.89
Market reference 1
50-day average
$13.969
-1.32% below average
200-day average
$11.8104
+16.72% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.02B EUR
EV / EBITDA
7.71×
Earnings yield
4.18%
Free cash flow yield
10.69%

Profitability & efficiency

Return on equity
9.19%
Return on assets
3.34%
Return on invested capital
5.30%

Financial health

Current ratio
1.59×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends74%43%13%-18%Gross margin, FY2021: 61.96%Gross margin, FY2022: 62.16%Gross margin, FY2023: 64.28%Gross margin, FY2024: 66.60%Gross margin, FY2025: 55.62%Operating margin, FY2021: -7.28%Operating margin, FY2022: 9.90%Operating margin, FY2023: 10.93%Operating margin, FY2024: 8.57%Operating margin, FY2025: 8.50%Net margin, FY2021: -10.52%Net margin, FY2022: 3.45%Net margin, FY2023: 6.38%Net margin, FY2024: 3.96%Net margin, FY2025: 5.14%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 61.96%. Gross margin FY2022 62.16%. Gross margin FY2023 64.28%. Gross margin FY2024 66.60%. Gross margin FY2025 55.62%. Operating margin FY2021 -7.28%. Operating margin FY2022 9.90%. Operating margin FY2023 10.93%. Operating margin FY2024 8.57%. Operating margin FY2025 8.50%. Net margin FY2021 -10.52%. Net margin FY2022 3.45%. Net margin FY2023 6.38%. Net margin FY2024 3.96%. Net margin FY2025 5.14%.

Income trends

Revenue

1.84B EUR-5.41%

Operating income

156.53M EUR-6.19%

Net income

94.69M EUR+22.84%
Income trends across reported periods2.15B EUR1.32B EUR488.79M EUR−344.27M EURRevenue, FY2021: 1.29B EURRevenue, FY2022: 1.49B EURRevenue, FY2023: 1.9B EURRevenue, FY2024: 1.95B EURRevenue, FY2025: 1.84B EUROperating income, FY2021: −94.03M EUROperating income, FY2022: 147.78M EUROperating income, FY2023: 208.15M EUROperating income, FY2024: 166.85M EUROperating income, FY2025: 156.53M EURNet income, FY2021: −136M EURNet income, FY2022: 51.48M EURNet income, FY2023: 121.53M EURNet income, FY2024: 77.08M EURNet income, FY2025: 94.69M EURFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.29B EUR. Revenue FY2022 1.49B EUR. Revenue FY2023 1.9B EUR. Revenue FY2024 1.95B EUR. Revenue FY2025 1.84B EUR. Operating income FY2021 −94.03M EUR. Operating income FY2022 147.78M EUR. Operating income FY2023 208.15M EUR. Operating income FY2024 166.85M EUR. Operating income FY2025 156.53M EUR. Net income FY2021 −136M EUR. Net income FY2022 51.48M EUR. Net income FY2023 121.53M EUR. Net income FY2024 77.08M EUR. Net income FY2025 94.69M EUR.
Metric (EUR)FY2025FY2024FY2023FY2022FY2021
Revenue1.84B EUR1.95B EUR1.9B EUR1.49B EUR1.29B EUR
Cost of goods sold817.08M EUR650.09M EUR680.24M EUR564.83M EUR491.62M EUR
Gross profit1.02B EUR1.3B EUR1.22B EUR928.01M EUR800.79M EUR
Selling, general, and administrative1.15B EUR1.11B EUR1.02B EUR764.42M EUR890.73M EUR
Operating expenses867.68M EUR1.13B EUR1.02B EUR780.23M EUR890.73M EUR
Interest income32.29M EUR2.57M EUR5M EUR1.73M EUR2.46M EUR
Interest expense42.5M EUR39.67M EUR30.69M EUR16.02M EUR13.9M EUR
Depreciation and amortization235.22M EUR235.95M EUR193.17M EUR171.88M EUR154.2M EUR
Operating income156.53M EUR166.85M EUR208.15M EUR147.78M EUR−94.03M EUR
Net income94.69M EUR77.08M EUR121.53M EUR51.48M EUR−136M EUR

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$13.57

1.56% downside
Past 12 months12-month forecastHigh $14.50Average $13.57Low $12.20

Corporate actions

Corporate action history

Dividend

Ex-dividend Jul 6, 2026

$0.1371

Annual

Record Jul 6, 2026 · Payment Jul 29, 2026

Dividend

Ex-dividend Jul 7, 2025

$0.1415

Annual

Record Jul 7, 2025 · Payment Jul 29, 2025

Dividend

Ex-dividend Jul 5, 2024

$0.1289

Annual

Record Jul 5, 2024 · Payment Jul 30, 2024

Dividend

Ex-dividend Jul 5, 2023

$0.1087

Semi-Annual

Record Jul 6, 2023 · Payment Jul 28, 2023

Dividend

Ex-dividend Feb 27, 2023

$0.10

Semi-Annual

Dividend

Ex-dividend Jul 5, 2022

$0.0923

Semi-Annual

Record Jul 6, 2022 · Payment Jul 28, 2022

ZGN peers

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