Ermenegildo Zegna NV (ZGN) — Cash Flow Reinvestment Rate
Ermenegildo Zegna NV (ZGN) has a Cash Flow Reinvestment Rate of 0.19x as of December 2025, reinvesting $43.71 Million (capex $43.71 Million ) from operating cash flow of $234.81 Million. See how much free cash does Ermenegildo Zegna NV generate to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Ermenegildo Zegna NV Cash Flow Reinvestment Rate (2018–2025)
Historical reinvestment intensity for Ermenegildo Zegna NV across 8 annual periods. For the full cash flow conversion analysis, see Ermenegildo Zegna NV (ZGN) cash conversion ratio.
Annual Cash Flow Reinvestment Rate for Ermenegildo Zegna NV (2018–2025)
Year-by-year capital reinvestment analysis for Ermenegildo Zegna NV. See financial agility of Ermenegildo Zegna NV to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.25x | $81.30 Million | $322.32 Million | $80.13 Million | ▼ -72.0% |
| 2024 | 0.90x | $251.54 Million | $279.13 Million | $125.53 Million | ▲ +149.0% |
| 2023 | 0.36x | $99.66 Million | $275.38 Million | $77.88 Million | ▼ -59.4% |
| 2022 | 0.89x | $130.63 Million | $146.40 Million | $73.30 Million | ▲ +134.3% |
| 2021 | 0.38x | $107.08 Million | $281.15 Million | $94.33 Million | ▼ -84.3% |
| 2020 | 2.43x | $172.00 Million | $70.91 Million | $39.15 Million | ▲ +98.6% |
| 2019 | 1.22x | $212.63 Million | $174.12 Million | $59.51 Million | ▲ +163.8% |
| 2018 | 0.46x | $89.24 Million | $192.76 Million | $60.09 Million | — |