Ermenegildo Zegna (ZGN) Change in Working Capital (2020 - 2025)

Ermenegildo Zegna (ZGN) has 6 years of Change in Working Capital data on file, last reported at $512.0 million in Q4 2025.

• Change in Working Capital for Q4 2025 came in at $512.0 million, up 35.62% year-over-year; the trailing twelve-month figure through Dec 2025 was $512.0 million (up 35.62% YoY), and the FY2025 annual result was $496.9 million, up 29.96% from the prior year.
• Change in Working Capital rose to $512.0 million in Q4 2025 per ZGN's latest filing, from $379.8 million in the prior quarter.
• Over five years, Change in Working Capital peaked at $780.4 million in Q4 2021 and troughed at $296.4 million in Q4 2023.
• A 5-year average of $462.3 million and a median of $405.9 million in 2022 frame the typical range for Change in Working Capital.
• The sharpest annual moves came in 2022 and 2025: Change in Working Capital sank 45.27% in 2022, then soared 35.62% in 2025.
• A 5-year view of Change in Working Capital shows it stood at $780.4 million in 2021, then plunged by 45.27% to $427.2 million in 2022, then tumbled by 30.6% to $296.4 million in 2023, then gained by 27.35% to $377.5 million in 2024, then soared by 35.62% to $512.0 million in 2025.
• Business Quant data shows ZGN's Change in Working Capital at $512.0 million in Q4 2025, $379.8 million in Q2 2025, and $377.5 million in Q4 2024.