Ermenegildo Zegna NVZGN -0.96%83 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates ZGN with a GF Score™ of 83/100 and a GF Value™ of $11.30 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 415 Manufacturing - Apparel & Accessories companies, Ermenegildo Zegna NV ranks better than 50.84% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Ermenegildo Zegna NV's Dividend Payout Ratio for the
months ended in Dec. 2025 was 0.00.
The historical rank and industry rank for Ermenegildo Zegna NV's Dividend Payout Ratio or its related term are showing as below:
ZGN'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.31 Max: 0.43
Current: 0.43
During the past 8 years, the highest Dividend Payout Ratio of Ermenegildo Zegna NV was 0.43. The lowest was 0.19. And the median was 0.31.
ZGN's Dividend Payout Ratio is ranked better than 50.84% of 415
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44
vs ZGN: 0.43
During the past 12 months, Ermenegildo Zegna NV's average Dividends Per Share Growth Rate was 11.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.10% per year.
During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Ermenegildo Zegna NV was 14.10% per year. The lowest was 14.10% per year. And the median was 14.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Ermenegildo Zegna NV (NYSE:ZGN) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Ermenegildo Zegna NV Dividend Payout Ratio Related Terms
Ermenegildo Zegna NV Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Ermenegildo Zegna NV's Dividend Payout Ratio 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.
ZGN vs PVH, COLM, UAA: Dividend Payout Ratio Comparison
For the Apparel Manufacturing subindustry, Ermenegildo Zegna NV's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ermenegildo Zegna NV's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Ermenegildo Zegna NV's Dividend Payout Ratio falls into.
Ermenegildo Zegna NV Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Ermenegildo Zegna NV's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (ZGN) has a Dividend Payout Ratio of 0.00 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ermenegildo Zegna NV and its competitors. Over the past decade, Ermenegildo Zegna NV's Dividend Payout Ratio has ranged from 0.19 to 0.43. According to the industry distribution chart, Ermenegildo Zegna NV ranks #204 out of 415 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.2%.
Is Ermenegildo Zegna NV's Dividend Payout Ratio too high?
Ermenegildo Zegna NV's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.43. Based on the distribution chart, Ermenegildo Zegna NV ranks #204 out of 415 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. 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 Dividend Payout Ratio compare to PVH and COLM?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ermenegildo Zegna NV ranks #204 out of 415 companies for Dividend Payout Ratio. This puts Ermenegildo Zegna NV in the upper half of its industry. The industry median Dividend Payout Ratio is 0.44. Historically, Ermenegildo Zegna NV's own Dividend Payout Ratio has ranged from 0.19 to 0.43 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Manufacturing - Apparel & Accessories company?
The median Dividend Payout Ratio among Manufacturing - Apparel & Accessories companies is 0.44, based on 415 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ermenegildo Zegna NV and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ermenegildo Zegna NV's current Dividend Payout Ratio is 0.00. 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 (ZGN) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.30, compared to a current price of $13.44 — trading 18.9% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Ermenegildo Zegna NV's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Ermenegildo Zegna NV (ZGN), the current Dividend Payout Ratio is 0.00 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 (ZGN) Overvalued in 2026?
Based on GuruFocus' analysis, Ermenegildo Zegna NV stock appears to be overvalued.
The current stock price of $13.44 is trading 18.9% above its estimated GF Value™ of $11.30.
GuruFocus considers Ermenegildo Zegna NV to be Modestly Overvalued.
Key valuation signals for ZGN:
Dividend Payout Ratio: 0.00
GF Value™: $11.30 vs. price of $13.44 (18.9% above fair value)
No single metric tells the full story. See the ZGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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