Ermenegildo Zegna NV (STU:JN0) EBITDA Margin %: 22.04% (As of Dec. 2025) — Near Median


STU:JN0 Ermenegildo Zegna NV STU:JN0
83 GF Score
Price €11.37
GF Value €9.82
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Ermenegildo Zegna NV EBITDA Margin %?

Ermenegildo Zegna NV STU:JN0 +1.07% 83 EBITDA Margin % is 22.04% as of Dec. 2025, which is 8% above its 10-year median of 20.40. GuruFocus rates STU:JN0 with a GF Score™ of 83/100 and a GF Value™ of €9.82 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,041 Manufacturing - Apparel & Accessories companies, Ermenegildo Zegna NV ranks better than 89.72% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Ermenegildo Zegna NV's EBITDA for the six months ended in Dec. 2025 was €218 Mil. Ermenegildo Zegna NV's Revenue for the six months ended in Dec. 2025 was €989 Mil. Therefore, Ermenegildo Zegna NV's EBITDA margin for the quarter that ended in Dec. 2025 was 22.04%.


Ermenegildo Zegna NV  (STU:JN0) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Ermenegildo Zegna NV EBITDA Margin % Related Terms


Ermenegildo Zegna NV EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Ermenegildo Zegna NV's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ermenegildo Zegna NV EBITDA Margin % Chart

Ermenegildo Zegna NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial 5.50 19.47 20.73 20.87 22.95

Ermenegildo Zegna NV Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.46 19.93 21.78 23.91 22.04

STU:JN0 vs PVH, COLM, UAA: EBITDA Margin % Comparison

For the Apparel Manufacturing subindustry, Ermenegildo Zegna NV's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ermenegildo Zegna NV EBITDA Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ermenegildo Zegna NV's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Ermenegildo Zegna NV's EBITDA Margin % falls into.


STU:JN0
83GF Score
Ermenegildo Zegna NV STU:JN0
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ermenegildo Zegna NV EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Ermenegildo Zegna NV's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=439.924/1916.947
=22.95 %

Ermenegildo Zegna NV's EBITDA Margin % for the quarter that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=218.076/989.257
=22.04 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 22.04% mean?
Ermenegildo Zegna NV (STU:JN0) has a EBITDA Margin % of 22.04% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Ermenegildo Zegna NV and its competitors. This is near median its historical median of 20.40. Over the past decade, Ermenegildo Zegna NV's EBITDA Margin % has ranged from 5.50 to 22.95. According to the industry distribution chart, Ermenegildo Zegna NV ranks #107 out of 1041 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 10.3%.
Is Ermenegildo Zegna NV's EBITDA Margin % too high?
Ermenegildo Zegna NV's current EBITDA Margin % of 22.04% is near median its 10-year median of 20.40. Over the past 10 years, this metric has ranged from a low of 5.50 to a high of 22.95. The Manufacturing - Apparel & Accessories industry median EBITDA Margin % is 8.36. Ermenegildo Zegna NV's value of 22.04% is 163.6% above this industry median. Based on the distribution chart, Ermenegildo Zegna NV ranks #107 out of 1041 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ermenegildo Zegna NV has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ermenegildo Zegna NV's EBITDA Margin % compare to PVH and COLM?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ermenegildo Zegna NV ranks #107 out of 1041 companies for EBITDA Margin %. This places Ermenegildo Zegna NV in the top 10% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.36. Ermenegildo Zegna NV's value of 22.04% is 163.6% above this benchmark. Historically, Ermenegildo Zegna NV's own EBITDA Margin % has ranged from 5.50 to 22.95 over the past decade. While the company's 10-year median is 20.40 vs. the industry median of 8.36, Ermenegildo Zegna NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Manufacturing - Apparel & Accessories company?
The median EBITDA Margin % among Manufacturing - Apparel & Accessories companies is 8.36, based on 1,041 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ermenegildo Zegna NV's current EBITDA Margin % of 22.04% is 163.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Ermenegildo Zegna NV and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EBITDA Margin % is 8.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ermenegildo Zegna NV's current EBITDA Margin % is 22.04%, which is near median its own 10-year median of 20.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ermenegildo Zegna NV stock overvalued right now?
Based on GuruFocus' analysis, Ermenegildo Zegna NV (STU:JN0) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.82, compared to a current price of €11.37 — trading 15.8% above its estimated fair value. The current EBITDA Margin % is 22.04%, which is near median its 10-year median of 20.40 and 163.6% above the Manufacturing - Apparel & Accessories industry median of 8.36. Ermenegildo Zegna NV's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Ermenegildo Zegna NV (STU:JN0), the current EBITDA Margin % is 22.04% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ermenegildo Zegna NV (STU:JN0) Overvalued in 2026?

Based on GuruFocus' analysis, Ermenegildo Zegna NV stock appears to be overvalued. The current stock price of €11.37 is trading 15.8% above its estimated GF Value™ of €9.82. GuruFocus considers Ermenegildo Zegna NV to be Modestly Overvalued.

Key valuation signals for STU:JN0:

  • EBITDA Margin %: 22.04% (near median its 10-year median of 20.40)
  • GF Value™: €9.82 vs. price of €11.37 (15.8% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 163.6% above the Manufacturing - Apparel & Accessories median (#107 of 1041)

No single metric tells the full story. See the STU:JN0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ermenegildo Zegna NV Business Description

Other Exchanges ZGN:USA
Address Viale Roma 99/100, Valdilana location, Trivero, ITA, 13835
Ermenegildo Zegna NV designs creates, and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear, and accessories under the Thom Browne brand. The company operates in three segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile, and Third Party Brands); the Thom Browne segment, and the Tom Ford Fashion segment. The company generates the majority of revenue from the Zegna segment.
83GF Score

Get the complete analysis for STU:JN0

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.37
Price
€9.82
GF Value