Ermenegildo Zegna N.V annual debt-to-equity ratio
2019
2020
2021
2022
2023
2024
2025
Ermenegildo Zegna N.V Debt-to-Equity Ratio Growth & History (ZGN)
Ermenegildo Zegna N.V's debt-to-equity ratio was 0.95 for fiscal 2025.
View full Ermenegildo Zegna N.V company overviewErmenegildo Zegna N.V annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.95 | −0.18 | −16.08% |
| 2024 | 2024-12-31 | 1.13 | −0.06 | −4.70% |
| 2023 | 2023-12-31 | 1.19 | −0.16 | −11.98% |
| 2022 | 2022-12-31 | 1.35 | −0.43 | −24.10% |
| 2021 | 2021-12-31 | 1.77 | −0.01 | −0.42% |
| 2020 | 2020-12-31 | 1.78 | 1.09 | +155.93% |
| 2019 | 2019-12-31 | 0.70 | — | — |
Ermenegildo Zegna N.V quarterly debt-to-equity ratio
Q4.20
Q4.21
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.11 | −0.06 | −5.03% |
| Q4 2025 | 2025-12-31 | 0.95 | −0.18 | −16.08% |
| Q2 2025 | 2025-06-30 | 1.17 | −0.02 | −2.01% |
| Q4 2024 | 2024-12-31 | 1.13 | −0.06 | −4.70% |
| Q2 2024 | 2024-06-30 | 1.19 | −0.09 | −7.36% |
| Q4 2023 | 2023-12-31 | 1.19 | −0.16 | −11.98% |
| Q2 2023 | 2023-06-30 | 1.29 | — | — |
| Q4 2022 | 2022-12-31 | 1.35 | −0.43 | −24.10% |
| Q4 2021 | 2021-12-31 | 1.77 | −0.01 | −0.42% |
| Q4 2020 | 2020-12-31 | 1.78 | — | — |
Ermenegildo Zegna N.V debt-to-equity ratio trends
Over the last five fiscal years, Ermenegildo Zegna N.V's debt-to-equity ratio decreased from 1.78 to 0.95, a change of −0.83. The latest reported quarter, Q2 2026, shows 1.11.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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