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LEVILevi Strauss & Co.
$24.66$9.7B
Overview & Verdict
Overview
Valuation & Forecasts
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LEVI logoLevi Strauss & Co.(LEVI)Earnings, Financials & Key Ratios

LEVI•NYSE
$24.66
17.0× P/E·Price updated Jul 7, 2026
SectorConsumer CyclicalIndustryApparel ManufacturingSub-IndustryDenim, heritage and casualwear brands
AboutLevi Strauss & Co. operates as an apparel company. The company designs, markets, and sells jeans, casual and dress pants, activewear, tops, shorts, skirts, dresses, jackets, footwear, and related accessories for men, women, and children in the Americas, Europe, and Asia. It also sells its products under the Levi's, Dockers, Signature by Levi Strauss & Co., and Denizen brands. In addition, the company licenses Levi's and Dockers trademarks for various product categories, including footwear, belts, wallets and bags, outerwear, sweaters, dress shirts, kids wear, sleepwear, and hosiery. Further, it sells its products through third-party retailers, such as department stores, specialty retailers, third-party e-commerce sites, and franchisees who operate brand-dedicated stores; and directly to consumers through various formats, including company-operated mainline and outlet stores, company-operated e-commerce sites, and select shop-in-shops located in department stores, and other third-party retail locations. The company also operates approximately 3,100 brand-dedicated stores and shop-in-shops. The company was founded in 1853 and is headquartered in San Francisco, California.Show more
  • Revenue$6.28B-1.2%
  • EBITDA$884M+93.3%
  • Net Income$578M+174.5%
  • EPS (Diluted)1.45+178.8%
  • Gross Margin61.73%+2.8%
  • EBITDA Margin14.07%+95.5%
  • Operating Margin10.79%+159.6%
  • Net Margin9.2%+177.7%
  • ROE27.21%+159.5%

LEVI Price & Volume

Levi Strauss & Co. (LEVI) stock price & volume — 10-year historical chart

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Structural Margin Resilience Amidst Volatile Revenue Cycles

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Adequate
Cash Flow:Mixed
Primary Risk:DTC fixed cost exposure

Key Thesis Takeaways

  • Levi Strauss & Co.
  • demonstrates a premium brand positioning with gross margins consistently exceeding 60%, though top-line growth remains sensitive to wholesale and consumer spending fluctuations.
  • While the company has successfully reduced total debt from $2.3 billion in 2025Q3 to $1.0 billion in 2026Q1, investors should monitor the high fixed-cost base that continues to amplify operating margin volatility.
  • Future performance hinges on the company's ability to stabilize cash conversion and maintain consistent free cash flow generation despite aggressive capital deployment strategies.

Verdict Logic

while the recent deleveraging to a $1.0 billion debt level is encouraging, the extreme volatility in operating margins, which dropped to 0% in 2024Q1, warrants caution regarding the company's ability to sustain consistent profitability.

LEVI Growth Metrics

Levi Strauss & Co. (LEVI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years3.41%
5 Years7.13%
3 Years0.61%
TTM4.09%

Profit CAGR

10 Years10.69%
5 Years-
3 Years0.52%
TTM73.7%

EPS CAGR

10 Years10.59%
5 Years-
3 Years0.94%
TTM75.2%

Return on Capital

10 Years14.5%
5 Years12.45%
3 Years9.79%
Last Year14.76%

LEVI Recent Earnings

Levi Strauss & Co. (LEVI) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
Apr 7, 2026
Metric
Actual
Est
EPS
$0.42+14.3%
$0.37
Rev
$1.7B+5.7%
$1.6B
Q1 2026
Jan 28, 2026
Metric
Actual
Est
EPS
$0.41+5.1%
$0.39
Rev
$1.8B+3.1%
$1.7B
Q4 2025
Oct 9, 2025
Metric
Actual
Est
EPS
$0.34+11.1%
$0.31
Rev
$1.5B+3.0%
$1.5B
Q3 2025
Jul 10, 2025
Metric
Actual
Est
EPS
$0.22+64.1%
$0.13
Rev
$1.4B+5.6%
$1.4B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 7, 2026
$0.42vs $0.37+14.3%
$1.7Bvs $1.6B+5.7%
Q1 2026Jan 28, 2026
$0.41vs $0.39+5.1%
$1.8Bvs $1.7B+3.1%
Q4 2025Oct 9, 2025
$0.34vs $0.31+11.1%
$1.5Bvs $1.5B+3.0%
Q3 2025Jul 10, 2025
$0.22vs $0.13+64.1%
$1.4Bvs $1.4B+5.6%
Based on last 12 quarters of dataView full earnings history →

Latest LEVI News

Recent stock market news and headlines for Levi Strauss & Co. (LEVI)

Proactive Investors·1 day ago
Wall Street braces for Fed signals as earnings season gets underway

Wall Street enters the week with investors focused on the start of the second-quarter earnings season, the Federal Reserve's latest meeting minutes and a handful of economic releases that could offer fresh insight into the outlook for interest rates, economic growth and the artificial intelligence-driven rally that has powered US equities. The week's key events include Wednesday's release of the minutes from the Federal Open Market Committee's June meeting, the ISM services purchasing managers index, earnings from companies including PepsiCo Inc (NASDAQ:PEP, XETRA:PEP) and Levi Strauss & Co (NYSE:LEVI), as well as several developments in the semiconductor industry that could influence sentiment toward AI-related stocks.

Proactive Investors - Finance·2 days ago
Wall Street braces for Fed signals as earnings season gets underway

Wall Street enters the week with investors focused on the start of the second quarter earnings season, the Federal Reserve's latest meeting minutes and a...

Investopedia·3 days ago
What to Expect in Markets This Week

This week will be bookended with new beginnings: SpaceX is set to join the Nasdaq 100 index, and another quarterly earnings season will begin with results from Pepsi and Delta.

Zacks Investment Research·4 days ago
Levi Strauss' Q2 Earnings Upcoming: What's Ahead For the Stock?

LEVI's omnichannel strength, brand momentum and DTC growth likely supported Q2, even as tariffs, inflation and currency headwinds remained in focus.

CNBC·5 days ago
Levi's, The North Face and Columbia are turning to women to fuel their next phase of growth

Legacy apparel brands including VF Corp., Levi's and Columbia are investing more heavily in women's products and marketing. Analysts say the women's apparel market is significantly larger than the men's, creating a major growth opportunity for brands that have historically catered primarily to male shoppers.

Peers Comparison

Key metrics vs top competitors for Levi Strauss & Co. (LEVI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
LEVI logoLEVILevi Strauss & Co.Current
$24.66$9.71B17.01-1.15%9.2%27.21%2.16%
HBI logoHBIHanesbrands Inc.
$6.47$2.29B-7.11-3.63%9.59%73.92%—
PVH logoPVHPVH Corp.
$77.05$3.55B145.383.44%0.25%0.45%—
RL logoRLRalph Lauren Corporation
$395.31$24.11B26.1614.63%11.6%34.77%—
VFC logoVFCV.F. Corporation
$16.45$6.44B25.701.06%2.65%15.92%—
GES logoGESGuess', Inc.
$16.81$876.67M21.837.88%2.56%14.19%—

Compare LEVI vs Peers

Levi Strauss & Co. (LEVI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HBI

Most directly comparable listed peer for LEVI.

Scale Benchmark

vs TJX

Larger-name benchmark to compare LEVI against a more recognizable public peer.

Peer Set

Compare Top 5

vs HBI, PVH, RL, VFC

LEVI SEC Filings & Documents

Levi Strauss & Co. (LEVI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jun 15, 2026·SEC

Material company update

Apr 27, 2026·SEC

Material company update

Apr 27, 2026·SEC

10-K Annual Reports

2
FY 2026

Jan 28, 2026·SEC

FY 2025

Jan 29, 2025·SEC

10-Q Quarterly Reports

4
FY 2026

Apr 7, 2026·SEC

FY 2025

Oct 9, 2025·SEC

FY 2025

Jul 10, 2025·SEC

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LEVI Frequently Asked Questions

Levi Strauss & Co. (LEVI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Levi Strauss & Co.'s revenue?

Levi Strauss & Co. (LEVI) reported $6.50B in revenue for fiscal year 2025. This represents a 40% increase from $4.65B in 2000.

How fast is Levi Strauss & Co. growing?

Levi Strauss & Co. (LEVI) saw revenue decline by 1.2% over the past year.

Is LEVI profitable?

Yes, Levi Strauss & Co. (LEVI) is profitable, generating $618.9M in net income for fiscal year 2025 (9.2% net margin).

Dividend & Returns
Does LEVI pay dividends?

Yes, Levi Strauss & Co. (LEVI) pays a dividend with a yield of 2.16%. This makes it attractive for income-focused investors.

What is LEVI's return on equity?

Levi Strauss & Co. (LEVI) has a return on equity (ROE) of 27.2%. This is excellent, indicating efficient use of shareholder capital.

What is Levi Strauss & Co.'s free cash flow?

Levi Strauss & Co. (LEVI) generated $490.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in LEVI back in 2000?

Total return calculator · dividends reinvested · 26+ years of data

See returns →