Ermenegildo Zegna Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

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
Cash & Short-Term Investments	220.12	219.13	296.28	254.32	459.79
Cash Growth	0.45%	-26.04%	16.50%	-44.69%	44.91%
Accounts Receivable	227.09	248.79	240.46	177.21	160.36
Other Receivables	33.14	32.51	31.02	15.35	14.97
Total Trade 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	202.96	184.72	197.29	427.92	410.94
Total Current Assets	1,190	1,206	1,288	1,286	1,385
Net Property, Plant & Equipment	863.69	786.24	693.56	501.65	481.94
Other Intangible Assets	554.09	614.36	572.27	455.91	425.22
Long-Term Investments	24.18	19.69	18.77	22.65	22.45
Other Long-Term Assets	202.54	207.52	194.78	160.87	143.58
Total Assets	2,835	2,834	2,767	2,427	2,458
Accounts Payable	326.25	309.77	314.14	270.94	223.04
Short-Term Debt	-	-	22.1	37.26	33.98
Current Portion of Long-Term Debt	84.07	177.17	289.34	286.18	157.29
Current Portion of Leases	140.94	142.96	122.64	111.46	106.64
Other Current Liabilities	199.14	222.99	263.91	161.16	181.36
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
Other Long-Term Liabilities	232.46	283.07	269.62	310.49	308.05
Total Long-Term Liabilities	985.24	998.2	853.99	827.42	1,111
Total Liabilities	1,736	1,851	1,866	1,694	1,813
Common Stock	-	-	-	-	5.94
Accumulated Other Comprehensive Income	-	-	-	-	96.68
Retained Earnings	-	-	-	-	498.59
Total Common Shareholders' 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
Total Debt	977.78	1,035	1,018	951.82	1,101
Net Cash (Debt)	-757.66	-816.12	-722.17	-697.5	-641.18
Net Cash Per Share	-2.90	-3.21	-2.86	-2.90	-3.15
Book Value	1,031	916.12	840.29	678.95	601.21
Book Value Per Share	3.94	3.60	3.33	2.82	2.95
Tangible Book Value	476.93	301.76	268.02	223.04	175.99
Tangible Book Value Per Share	1.82	1.19	1.06	0.93	0.86

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q