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 Oct 10, 2026, 11:04 UTC 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
Aug '26	$1.6B	$169M	66.2%	13.8%	7.0%	2.4%	$44M	$1.0B	$641M
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

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 12.3× (Mar '23) to 15.3× (Nov '26).
The price-to-sales ratio has risen from 1.1× (Mar '23) to 1.4× (Nov '26).
The dividend yield has fallen from 2.5% (Mar '23) to 2.4% (Nov '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?

Levi Strauss & Co's P/E (TTM) is 14.99 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the LEVI stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 15.3× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.