Ermenegildo Zegna NV (ZGN) — Free Cash Flow Generation Index
Ermenegildo Zegna NV (ZGN) has a Free Cash Flow Generation Index of 0.81x as of December 2025. Free cash flow of $191.09 Million represents 1% of operating cash flow ($234.81 Million). Explore Ermenegildo Zegna NV capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Ermenegildo Zegna NV Free Cash Flow Generation Index (2018–2025)
Historical FCF Generation Index trend for Ermenegildo Zegna NV across 8 annual periods. For the full cash flow conversion analysis, see ZGN operating cash flow.
Annual Free Cash Flow Generation for Ermenegildo Zegna NV (2018–2025)
Year-by-year Free Cash Flow Generation Index for Ermenegildo Zegna NV. Check Ermenegildo Zegna NV (ZGN) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.75x | $242.19 Million | $322.32 Million | $80.13 Million | ▲ +36.5% |
| 2024 | 0.55x | $153.60 Million | $279.13 Million | $125.53 Million | ▼ -23.3% |
| 2023 | 0.72x | $197.50 Million | $275.38 Million | $77.88 Million | ▲ +43.6% |
| 2022 | 0.50x | $73.10 Million | $146.40 Million | $73.30 Million | ▼ -24.9% |
| 2021 | 0.66x | $186.83 Million | $281.15 Million | $94.33 Million | ▲ +48.4% |
| 2020 | 0.45x | $31.75 Million | $70.91 Million | $39.15 Million | ▼ -32.0% |
| 2019 | 0.66x | $114.62 Million | $174.12 Million | $59.51 Million | ▼ -4.4% |
| 2018 | 0.69x | $132.67 Million | $192.76 Million | $60.09 Million | — |