Ermenegildo Zegna Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	220.12	219.13	296.28	254.32	459.79
Short-Term Investments	7.05	12.22	28.44	26.85	25.71
Trading Asset Securities	68.7	61.53	61.62	299.12	308.53
Cash & Short-Term Investments	295.87	292.88	386.34	580.3	794.04
Cash Growth	1.02%	-24.19%	-33.42%	-26.92%	18.96%
Accounts Receivable	227.09	248.79	240.46	177.21	160.36
Other Receivables	33.14	32.51	31.02	15.35	14.97
Receivables	260.23	281.3	271.48	192.56	175.33
Inventory	506.9	521.02	522.59	410.85	338.48
Other Current Assets	127.22	110.97	107.23	101.95	76.7
Total Current Assets	1,190	1,206	1,288	1,286	1,385
Property, Plant & Equipment	863.69	786.24	693.56	501.65	481.94
Long-Term Investments	29.07	25.57	23.19	26.61	24.7
Goodwill	247.23	275.63	256.27	239.71	227.23
Other Intangible Assets	306.85	338.73	316	216.2	197.99
Long-Term Accounts Receivable	1.24	1.59	1.12	1.37	-
Long-Term Deferred Tax Assets	164.05	166.03	160.88	124.63	108.21
Other Long-Term Assets	32.38	34.02	28.36	26.81	29.4
Total Assets	2,835	2,834	2,767	2,427	2,458

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	256.13	248.61	261.1	220.79	177.8
Accrued Expenses	125.14	134.04	165.74	94.63	104.46
Current Portion of Long-Term Debt	88.64	192.3	290.23	288.54	171.43
Current Portion of Leases	140.94	142.96	122.64	111.46	106.64
Current Income Taxes Payable	26.76	32.39	41.98	26	28.77
Current Unearned Revenue	78.07	69.27	62.83	57.8	48.83
Other Current Liabilities	34.71	33.32	67.61	67.78	64.38
Total Current Liabilities	750.39	852.89	1,012	866.98	702.32
Long-Term Debt	162.12	196.4	113.29	184.88	471.65
Long-Term Leases	590.65	518.73	471.08	332.05	331.41
Pension & Post-Retirement Benefits	30.1	34.95	29.65	51.58	42.26
Long-Term Deferred Tax Liabilities	76.03	78.13	73.89	60.53	53.84
Other Long-Term Liabilities	126.33	170	166.09	198.37	211.94
Total Liabilities	1,736	1,851	1,866	1,694	1,813

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	9.15	9.15	9.15	5.94	5.94
Additional Paid-In Capital	782.59	782.59	782.59	721.19	721.19
Retained Earnings	758.97	687.71	640.99	553.6	499.45
Treasury Stock	-287.2	-418.35	-436.62	-451.17	-455
Comprehensive Income & Other	-232.5	-144.98	-155.81	-150.6	-170.37
Total Common Equity	1,031	916.12	840.29	678.95	601.21
Minority Interest	68.07	66.77	60.6	53.37	43.09
Shareholders' Equity	1,099	982.89	900.9	732.32	644.3
Total Liabilities & Equity	2,835	2,834	2,767	2,427	2,458

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	982.35	1,050	997.24	916.92	1,081
Net Cash (Debt)	-686.49	-757.51	-610.91	-336.63	-287.09
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-2.63	-2.98	-2.42	-1.40	-1.41
Filing Date Shares Outstanding	268.31	252.58	250.31	248.56	242.34
Total Common Shares Outstanding	268.24	252.5	250.31	242.8	242.34
Working Capital	439.82	353.28	275.51	418.67	682.22
Book Value Per Share	3.84	3.63	3.36	2.80	2.48
Tangible Book Value	476.93	301.76	268.02	223.04	175.99
Tangible Book Value Per Share	1.78	1.20	1.07	0.92	0.73
Land	18.49	17.39	8.58	8.55	8.54
Machinery	351.54	342.29	324.26	301.82	309.37
Construction In Progress	23.77	10.9	5.43	5	3.43
Leasehold Improvements	286.81	296.18	251.57	238.19	228.9

SEC Filings: 10-K · 10-Q