LEVI · Levi Strauss & Co - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $6.28B | $6.36B | $6.18B | $6.17B | $5.76B | $4.45B |
| Cost of Revenue | $2.40B | $2.54B | $2.66B | $2.62B | $2.42B | $2.10B |
| Gross Profit | $3.88B | $3.82B | $3.52B | $3.55B | $3.35B | $2.35B |
| R&D | - | - | - | - | - | - |
| SG&A | $3.17B | $3.25B | $3.07B | $2.89B | $2.65B | $2.35B |
| Total Operating Expenses | - | - | - | - | $496.58M | - |
| D&A | $206.30M | $193.20M | $165.30M | $158.90M | $143.17M | $141.79M |
| Operating Income | $677.60M | $264.10M | $353.30M | $646.50M | $686.21M | ($85.12M) |
| Interest Expense | $48.60M | $41.80M | $45.90M | $25.70M | $72.90M | $82.19M |
| Income Tax | $132.00M | $8.40M | $15.60M | $80.50M | $26.70M | ($62.64M) |
| Net Income | $578.10M | $210.60M | $249.60M | $569.10M | $553.54M | ($127.14M) |
| EPS - Basic | $1.46 | $0.53 | $0.63 | $1.43 | $1.38 | ($0.32) |
| EPS - Diluted | $1.45 | $0.52 | $0.62 | $1.41 | $1.35 | ($0.32) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $757.90M | $690.00M | $398.80M | $429.60M | $810.27M | $1.50B |
| Accounts Receivable | $774.70M | $710.00M | $752.70M | $697.00M | $707.63M | $540.23M |
| Inventory | $1.24B | $1.24B | $1.29B | $1.42B | $897.95M | $817.69M |
| Accounts Payable | $597.60M | $663.40M | $567.90M | $657.20M | $524.84M | $375.45M |
| Current Assets | $3.15B | $2.85B | $2.64B | $2.83B | $2.71B | $3.13B |
| Total Assets | $6.85B | $6.38B | $6.05B | $6.04B | $5.90B | $5.64B |
| Current Liabilities | $2.03B | $2.01B | $1.79B | $1.98B | $1.87B | $1.55B |
| Long-term Debt | $1.04B | $994.00M | $1.01B | $984.50M | $1.02B | $1.55B |
| Total Liabilities | $4.57B | $4.41B | $4.01B | $4.13B | $4.23B | $4.34B |
| Stockholders' Equity | $2.28B | $1.97B | $2.05B | $1.90B | $1.67B | $1.30B |
| Retained Earnings | $1.90B | $1.67B | $1.75B | $1.70B | $1.47B | $1.11B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $529.60M | $898.40M | $435.50M | $228.10M | $737.26M | $469.59M |
| Investing Cash Flow | ($68.70M) | ($281.10M) | ($240.70M) | ($235.70M) | ($571.81M) | ($188.56M) |
| Financing Cash Flow | ($400.20M) | ($319.30M) | ($214.10M) | ($365.40M) | ($840.89M) | $286.00M |
| CapEx | $221.40M | $227.50M | $315.50M | $267.10M | $166.94M | $130.38M |
| Free Cash Flow | $308.20M | $670.90M | $120.00M | ($39.00M) | $570.32M | $339.20M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 61.7% | 60.0% | 56.9% | 57.5% | 58.1% | 52.8% |
| Operating margin | 10.8% | 4.2% | 5.7% | 10.5% | 11.9% | -1.9% |
| EBITDA margin | 14.1% | 7.2% | 8.4% | 13.1% | 14.4% | 1.3% |
| Net margin | 9.2% | 3.3% | 4.0% | 9.2% | 9.6% | -2.9% |
| Free cash flow margin | 4.9% | 10.6% | 1.9% | -0.6% | 9.9% | 7.6% |
| FCF / Net income | 0.53 | 3.19 | 0.48 | -0.07 | 1.03 | -2.67 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 50.5% | 51.1% | 49.7% | 46.9% | 46.0% | 52.7% |
| Effective tax rate | 18.6% | 3.8% | 5.9% | 12.4% | 4.6% | - |
| Return on assets | 8.4% | 3.3% | 4.1% | 9.4% | 9.4% | -2.3% |
| Return on equity | 25.4% | 10.7% | 12.2% | 29.9% | 33.2% | -9.8% |
| Return on invested capital | 16.6% | 8.6% | 10.9% | 19.6% | 24.4% | -2.4% |
| Liquidity | ||||||
| Current ratio | 1.55 | 1.42 | 1.48 | 1.43 | 1.45 | 2.02 |
| Quick ratio | 0.94 | 0.80 | 0.75 | 0.71 | 0.97 | 1.49 |
| Cash ratio | 0.37 | 0.34 | 0.22 | 0.22 | 0.43 | 0.97 |
| Leverage | ||||||
| Debt / Equity | 0.46 | 0.50 | 0.49 | 0.52 | 0.61 | 1.19 |
| Debt / Assets | 0.15 | 0.16 | 0.17 | 0.16 | 0.17 | 0.27 |
| Debt / EBITDA | 1.18 | 2.17 | 1.95 | 1.22 | 1.23 | 27.29 |
| Interest coverage | 13.9x | 6.3x | 7.7x | 25.2x | 9.4x | -1.0x |
| Equity multiplier | 3.01 | 3.24 | 2.96 | 3.17 | 3.54 | 4.34 |
| Liabilities / Assets | 0.67 | 0.69 | 0.66 | 0.68 | 0.72 | 0.77 |
| Efficiency | ||||||
| Asset turnover | 0.92 | 1.00 | 1.02 | 1.02 | 0.98 | 0.79 |
| Inventory turnover | 1.94 | 2.05 | 2.06 | 1.85 | 2.69 | 2.57 |
| Days sales outstanding | 45d | 41d | 44d | 41d | 45d | 44d |
| Days inventory outstanding | 188d | 178d | 177d | 197d | 136d | 142d |
| Days payable outstanding | 91d | 95d | 78d | 92d | 79d | 65d |
| Cash conversion cycle | 142d | 124d | 143d | 147d | 101d | 121d |
| Valuation | ||||||
| P / E | 15.2x | 33.6x | 25.0x | 11.7x | 18.9x | - |
| P / B | 3.9x | 3.6x | 3.0x | 3.5x | 6.3x | 5.9x |
| P / S | 1.4x | 1.1x | 1.0x | 1.1x | 1.8x | 1.7x |
| EV / EBITDA | 10.3x | 16.0x | 13.2x | 9.0x | 12.9x | 135.2x |
| Growth | ||||||
| Revenue growth (YoY) | -1.2% | 2.9% | 0.2% | 7.0% | 29.5% | -22.7% |
| Revenue CAGR (3y) | 0.6% | 3.3% | 11.5% | 2.3% | 5.5% | -0.3% |
| Revenue CAGR (5y) | 7.1% | 2.0% | 4.7% | 6.5% | 3.9% | -1.0% |
| Gross profit growth (YoY) | 1.6% | 8.5% | -0.9% | 6.0% | 42.2% | -24.1% |
| Operating income growth (YoY) | 156.6% | -25.2% | -45.4% | -5.8% | - | - |
| Net income growth (YoY) | 174.5% | -15.6% | -56.1% | 2.8% | - | - |
| EPS growth (YoY) | 178.8% | -16.1% | -56.0% | 4.4% | - | - |
| EPS CAGR (3y) | 0.9% | -27.2% | - | 24.5% | - | - |
| EPS CAGR (5y) | - | -6.6% | - | - | - | - |
| FCF growth (YoY) | -54.1% | 459.1% | - | - | 68.1% | 43.2% |
| FCF CAGR (5y) | -1.9% | 23.2% | -14.4% | - | 22.9% | 23.9% |
| Book value growth (YoY) | 15.6% | -3.7% | 7.5% | 14.3% | 28.2% | -16.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-11-30.
Business segments
$3.21B totalAmericas Segment$1.92B · 59.9%
Europe Segment$756.60M · 23.6%
Asia Segment$477.70M · 14.9%
Other Brands Segment$49.40M · 1.5%
Product / service
$151.30M totalBeyond Yoga$151.30M · 100.0%
Geographic
$6.28B totalNon Us$3.61B · 57.4%
US$2.67B · 42.6%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.78
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Apparel & Other Finishd Prods of Fabrics & Similar Matl
Comparing LEVI STRAUSS & CO against the 5 most active filers in the same SIC group.
Dividends
$0.56/share trailing 12 months · +7.7% YoY
| Ex-date | Per share |
|---|---|
| Apr 22, 2026 | $0.1400 |
| Feb 10, 2026 | $0.1400 |
| Oct 20, 2025 | $0.1400 |
| Jul 24, 2025 | $0.1400 |
| Apr 24, 2025 | $0.1300 |
| Feb 12, 2025 | $0.1300 |
| Oct 29, 2024 | $0.1300 |
| Aug 2, 2024 | $0.1300 |
| May 8, 2024 | $0.1200 |
| Feb 6, 2024 | $0.1200 |
| Oct 25, 2023 | $0.1200 |
| Aug 3, 2023 | $0.1200 |
| May 3, 2023 | $0.1200 |
| Feb 7, 2023 | $0.1200 |
| Nov 3, 2022 | $0.1200 |
| Jul 29, 2022 | $0.1200 |
| May 5, 2022 | $0.1000 |
| Feb 8, 2022 | $0.1000 |
| Oct 28, 2021 | $0.0800 |
| Jul 30, 2021 | $0.0800 |
| May 6, 2021 | $0.0600 |
| Feb 9, 2021 | $0.0400 |
| Apr 23, 2020 | $0.0800 |
| Feb 11, 2020 | $0.0800 |