Ermenegildo Zegna N.V. (ZGN)
NYSE: ZGN · Real-Time Price · USD
15.10
+0.04 (0.23%)
Aug 5, 2026, 10:13 AM EDT - Market open
Ermenegildo Zegna Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | 109.49 | 90.86 | 135.66 | 65.28 | -127.66 |
Depreciation & Amortization | 259.92 | 235.95 | 194.95 | 173.52 | 163.37 |
Other Adjustments | 11.61 | 70.26 | 86.66 | 58.82 | 233.9 |
Change in Receivables | -3.05 | -12.57 | -51.02 | -15.62 | -12.29 |
Changes in Inventories | -23.61 | -5.9 | -72.77 | -103.11 | -27.55 |
Changes in Accounts Payable | 24.17 | -13.1 | 11.67 | 43.51 | 31.43 |
Changes in Accrued Expenses | - | - | -9.29 | - | -18.95 |
Changes in Other Operating Activities | -42.97 | -86.37 | -20.48 | -75.99 | 38.93 |
Operating Cash Flow | 335.56 | 279.13 | 275.38 | 146.4 | 281.16 |
Operating Cash Flow Growth | 20.22% | 1.36% | 88.11% | -47.93% | 296.52% |
Investing Activities
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 |
Capital Expenditures | -83.42 | -100.1 | -57.03 | -49.11 | -79.7 |
Sale of Property, Plant & Equipment | - | - | - | - | 3.79 |
Purchases of Intangible Assets | -22.39 | -25.43 | -20.84 | -24.19 | -14.63 |
Purchases of Investments | -20.7 | -30.52 | -55.31 | -32.52 | -80.8 |
Proceeds from Sale of Investments | 16.6 | 49.34 | 272.66 | 49.07 | 93.56 |
Cash Acquisitions | - | -19.31 | -117.69 | -0.59 | -4.22 |
Investing Cash Flow | -109.92 | -126.01 | 21.79 | -57.34 | -82 |
Financing Activities
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 |
Long-Term Debt Issued | 49.94 | 259.72 | 204.42 | - | 123.57 |
Long-Term Debt Repaid | -178.85 | -290.78 | -306.15 | -159.72 | -164.5 |
Net Long-Term Debt Issued (Repaid) | -128.91 | -31.06 | -101.73 | -159.72 | -40.93 |
Issuance of Common Stock | 107.22 | - | 8.06 | 14.31 | 648.47 |
Repurchase of Common Stock | - | - | - | - | -455.38 |
Net Common Stock Issued (Repurchased) | 107.22 | - | 8.06 | 14.31 | 193.08 |
Common Dividends Paid | -30.49 | -30.29 | -25.03 | -21.85 | -0.1 |
Other Financing Activities | -162.87 | -173.18 | -131.8 | -129.74 | -216.16 |
Financing Cash Flow | -215.05 | -234.53 | -250.49 | -297 | -64.11 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | -9.6 | 4.27 | -4.72 | 2.46 | 7.45 |
Net Cash Flow | 0.99 | -77.15 | 41.96 | -205.47 | 142.5 |
Free Cash Flow
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 |
Free Cash Flow | 252.14 | 179.03 | 218.35 | 97.28 | 201.46 |
Free Cash Flow Growth | 40.84% | -18.01% | 124.44% | -51.71% | 365.51% |
FCF Margin | 13.15% | 9.20% | 11.46% | 6.52% | 15.59% |
Free Cash Flow Per Share | 0.96 | 0.70 | 0.87 | 0.40 | 0.99 |
Levered Free Cash Flow | 213.25 | 167.36 | 202.52 | -105.63 | -61.08 |
Unlevered Free Cash Flow | 243.14 | 146.55 | 214.05 | 84.25 | -16.29 |