Luxexperience B.v. vs Ermenegildo Zegna
Luxexperience B.v. is the larger business, with $2.92bn of revenue in fiscal 2026 against $2.17bn for Ermenegildo Zegna (1.3 times as much). Luxexperience B.v. grew faster (118.7% against 2.9%). Ermenegildo Zegna kept more of each dollar of sales as profit: a net margin of 5.1% against -6.7%. Luxexperience B.v. carries less debt relative to equity (0.0% against 23.9%).
| Latest fiscal year | Luxexperience B.v.LUXE, 2026 | Ermenegildo ZegnaZGN, 2025 |
|---|---|---|
| Revenue | $2.92bn | $2.17bn |
| Revenue growth | 118.7% | 2.9% |
| Net income | −$196m | $111m |
| Operating margin | -6.2% | 7.3% |
| Net margin | -6.7% | 5.1% |
| Return on equity | -13.0% | 10.3% |
| Free cash flow | — | $288m |
| Cash | $363m | $258m |
| Total debt | $0 | $289m |
| Debt to equity | 0.0% | 23.9% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $1.40bn | $3.61bn |
| Price vs our value range | — | Below our value range |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 9 sales | 1 buys, 7 sales |