LEVI Financials Levi Strauss & Co

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 69 d ago Overview →

Growth & profitability

Revenue has grown 7.1% per year over the past 5 years.
Operating margin has expanded, at 10.8% in the latest year.
Free cash flow has declined 1.9% per year over the past 5 years.

Financial health

Total debt ($1.0B) exceeds cash ($758M); net debt is $281M.
Total debt has grown slower than revenue (-7.9% vs 7.1% per year).
Operating income covered interest expense 14× in the latest year.
Total debt is 1.2× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 36.8% of earnings and 69.1% of free cash flow.
The dividend has grown 27.3% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$6.3B	$578M	61.7%	10.8%	25.4%	8.4%	$308M	$1.0B	$758M
2024	$6.0B	$211M	60.6%	4.4%	10.7%	3.3%	$671M	$1000M	$690M
2023	$5.8B	$250M	57.5%	6.1%	12.2%	4.1%	$122M	$1.0B	$399M
2022	$6.2B	$569M	57.5%	10.5%	29.9%	9.4%	-$39M	$996M	$430M
2021	$5.8B	$554M	58.1%	11.9%	33.2%	9.4%	$570M	$1.0B	$810M
2020	$4.5B	-$127M	52.8%	-1.9%	-9.8%	-2.3%	$339M	$1.6B	$1.5B
2019	$5.8B	$395M	53.8%	9.8%	25.1%	9.3%	$237M	$1.0B	$934M
2018	$5.6B	$285M	53.8%	9.7%	42.7%	8.1%	$261M	$1.1B	$713M
2017	$4.9B	$285M	52.3%	9.8%	40.5%	8.5%	$407M	$1.1B	$634M
2016	—	$291M	—	—	56.9%	9.7%	$204M	$1.0B	$376M
2015	—	$210M	—	—	63.2%	7.3%	$114M	$1.2B	$319M
2014	—	$104M	—	—	67.5%	3.6%	$160M	$1.2B	$298M
2013	—	$228M	—	—	130.4%	7.3%	$319M	$1.5B	$489M
2012	—	$141M	—	—	-138.9%	4.4%	$447M	$1.7B	$406M
2011	—	$135M	—	—	-86.2%	4.1%	-$129M	$2.0B	$205M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
May '26	$1.6B	$87M	62.7%	7.8%	3.8%	1.3%	$231M	$1.0B	$849M
Mar '26	$1.7B	$176M	61.9%	11.4%	8.0%	2.7%	$152M	$1.1B	$717M
Nov '25	$1.8B	$158M	60.8%	11.9%	6.9%	2.3%	$216M	$1.0B	$758M
Aug '25	$1.5B	$218M	61.7%	10.8%	10.1%	3.3%	-$39M	$1.0B	$613M
Jun '25	$1.4B	$67M	62.6%	7.5%	3.2%	1.0%	$146M	$1.0B	$654M
Mar '25	$1.5B	$135M	62.1%	12.5%	6.6%	2.0%	-$14M	$994M	$574M
Dec '24	$1.7B	$183M	61.8%	11.9%	9.3%	2.9%	$232M	$1000M	$690M
Aug '24	$1.4B	$21M	60.6%	2.3%	1.1%	0.3%	$2M	$1.0B	$577M
May '24	$1.4B	$18M	61.3%	1.5%	0.9%	0.3%	$223M	$1.0B	$641M
Feb '24	$1.5B	-$11M	58.8%	0.0%	-0.5%	-0.2%	$214M	$1.0B	$517M
Nov '23	$1.6B	$127M	57.8%	9.2%	6.2%	2.1%	$196M	$1.0B	$399M
Aug '23	$1.5B	$10M	55.6%	2.3%	0.5%	0.2%	-$18M	$1.0B	$295M
May '23	$1.3B	-$2M	58.7%	0.7%	-0.1%	-0.0%	$216M	$1.1B	$472M
Feb '23	$1.7B	$115M	55.8%	9.3%	5.8%	2.0%	-$272M	$1.2B	$322M
Nov '22	$1.6B	$151M	55.9%	8.6%	7.9%	2.5%	-$54M	$996M	$430M
Aug '22	$1.5B	$173M	56.9%	13.1%	9.5%	2.9%	-$12M	$972M	$499M
May '22	$1.5B	$50M	58.1%	5.2%	2.9%	0.9%	$13M	$1.0B	$602M
Feb '22	$1.6B	$196M	59.3%	14.7%	11.4%	3.4%	$13M	$1.0B	$678M
Nov '21	$1.7B	$153M	57.8%	11.1%	9.2%	2.6%	$180M	$1.0B	$810M
Aug '21	$1.5B	$193M	57.6%	14.4%	12.0%	3.2%	$210M	$1.3B	$1.4B

Valuation over time

How the market has priced LEVI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 12.4× (Mar '23) to 13.9× (Sep '26).
The price-to-sales ratio has risen from 1.1× (Mar '23) to 1.3× (Sep '26).
The dividend yield has risen from 2.5% (Mar '23) to 2.7% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is LEVI growing its revenue and profit?

Over the past 5 years, Levi Strauss & Co's revenue has grown 7.1% per year. These are computed facts, not advice.

How much debt does LEVI have?

As of FY2025, Levi Strauss & Co reported $1.0B of total debt against $758M of cash; operating income covered interest expense 14×.

What is LEVI's profit margin?

In FY2025, gross margin was 61.7%, operating margin 10.8%, and net margin 9.2%.

What is LEVI's P/E ratio?

As of Sep '26, Levi Strauss & Co traded at a price-to-earnings ratio of about 13.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.