Loading company financials…
NEW YORK STOCK EXCHANGE, INC. · Textiles, Apparel & Luxury Goods · CIK 0000094845
$21.36
+2.05% · live
Updated
$8.45B market value
From LEVI STRAUSS & CO's FY2025 10-K, filed Jan 28, 2026 · read the filing
LEVI STRAUSS & makes clothing. It took in $6.28B last year, which makes it a mid-sized company. Of every dollar it sells, about 9 cents is left as profit.
The financial picture is led by debt and accounting, with profitability and growth worth watching.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Financial health
Strong finances across the board.
From LEVI STRAUSS & CO's FY2025 annual filing · share price scored separately
Largest year-over-year changes in FY2025
Operating income
$262.7M → $677.6M
Profit
$210.6M → $578.1M
Free cash flow
$670.9M → $308.2M
Earnings per share
$0.53 → $1.46
Measured against FY2024, from the 10-K filed Jan 28, 2026
Improved: +157.9%
$262.7M to $677.6MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +174.5%
$210.6M to $578.1MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
How the latest move compares (quote live), and what was published around it
LEVI rose 2.05% on the latest quote. The average Consumer Discretionary company tracked here moved +2.31%, and the S&P 500 −1.04%. That is in line with its sector and 3.1 points above the market.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
Opinions from 22 analysts covering this company, as of . Their views, not this site's.
Of 22 analysts publishing on this company, 7 say strong buy, 11 say buy and 4 say hold. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 9 cents of every dollar of sales as profit, earning $578.1M last year.
Slowly. Sales grew 4.1% last year.
No. Its borrowings would take under a year of cash flow to clear. For every $1 it owes, it owns $1.50 in assets.
Core operating and valuation reference metrics
Whether the dividend is covered by what the business actually earns
It pays out 37 cents of every dollar of profit and keeps the rest, which leaves the payment comfortably covered. It paid out 40% of the cash its operations generated. It has paid in each of the last 12 years.
GoodFigures from the FY2025 annual filing
Last year it earned $578.1M and generated $529.6M of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202510-K · Jan 28, 2026Filing for FY2025 | FY202410-K · Jan 28, 2026Filing for FY2024 | FY202310-K · Jan 28, 2026Filing for FY2023 | FY202210-K · Jan 29, 2025Filing for FY2022 | FY202110-K · Jan 25, 2024Filing for FY2021 | ChangeFY2025 vs FY2024 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $6.28B | $6.03B | $5.84B | $6.17B | $5.76B | +4.1% |
| Cost of revenue | $2.40B | $2.37B | $2.48B | $2.62B | $2.42B | +1.2% |
| Gross profit | $3.88B | $3.66B | $3.36B | $3.55B | $3.35B | +6.0% |
| Gross marginGross profit ÷ revenueWhat is this? | 61.7% | 60.6% | 57.5% | 57.5% | 58.1% | +1.1 pts |
| Selling, general and administrative | $3.17B | $3.09B | $2.90B | $2.88B | $2.66B | +2.6% |
| Operating income | $677.6M | $262.7M | $354.4M | $646.5M | $686.2M | +157.9% |
| Operating marginOperating income ÷ revenueWhat is this? | 10.8% | 4.4% | 6.1% | 10.5% | 11.9% | +6.4 pts |
| Interest expense | $48.6M | $41.8M | $45.9M | $25.7M | $72.9M | +16.3% |
| Income before tax | $634.0M | $217.6M | $266.3M | $649.6M | $580.2M | +191.4% |
| Net income | $578.1M | $210.6M | $249.6M | $569.1M | $553.5M | +174.5% |
| Net marginNet income ÷ revenueWhat is this? | 9.2% | 3.5% | 4.3% | 9.2% | 9.6% | +5.7 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $1.46 | $0.5288 | $0.6284 | $1.43 | $1.38 | +176.4% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| LEVILEVI STRAUSS & CO · this page | 8.0/10 | 7/9 |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Had shares withheld to cover taxes — 1,899 shares at $19.92 ($37.8K)
Holds 43,941 shares after this filing.
Was granted or awarded shares — 54 shares
Holds 181,261 shares after this filing.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Published results
Read the filingQuarterly report for Q3 FY2026
Operating margin +3.0 pts · Operating income +32.8% · Profit -22.7% — against Q3 FY2025
Read the filingWrite down why you are following LEVI STRAUSS & CO, what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
The 63 subsidiaries named in its 10-K, incorporated across 41 places. A filer lists the significant ones and may leave the rest out, so this is the floor rather than the full count.
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from LEVI's 10-K for fiscal year 2025 (period ending 2025-11-30, filed Jan 28, 2026), reported under the US GAAP taxonomy. View the source filing.
4 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. All four had enough reported figures. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 9 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2025 | 8.0 | 7/9 | 10-K, filed Jan 28, 2026 |
| FY2024 | 8.0 | 6/9 | 10-K, filed Jan 29, 2025 |
| FY2023 | 8.0 | 5/9 | 10-K, filed Jan 25, 2024 |
| FY2022 | 8.0 | 6/9 | 10-K, filed Jan 25, 2023 |
| FY2021 | 9.0 | 8/9 | 10-K, filed Jan 25, 2023 |
| FY2020 | 4.0 | 2/9 | 10-K, filed Jan 27, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
7 of 9 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's.
2.94
In the grey zone
For this model, above 2.99 is safe and below 1.81 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
-2.37
Below the threshold — nothing unusual flagged
Scores above -1.78 are the ones the model associates with earnings manipulation.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2025 filing as filed with the SEC.
Deteriorated: -54.1%
$670.9M to $308.2MCritical
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Improved: +176.4%
$0.53 to $1.46Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +6.4 pts
4.4% to 10.8%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +5.7 pts
3.5% to 9.2%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: +6.0%
$3.66B to $3.88BNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +1.1 pts
60.6% to 61.7%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +9.8%
$690.0M to $757.9MNotable
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Changed: +7.3%
$198.5M to $212.9MNotable
Why it matters: Cash handed to shareholders. A rise can be a higher dividend or simply more shares, and a cut is a decision the company explains in its own filing — neither is rated here.
Q3 FY2026 against Q3 FY2025, from the 10-Q filed Oct 7, 2026 — read it.
Improved: +32.8%
$167.4M to $222.3MSignificant
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Deteriorated: -22.7%
$218.1M to $168.6MSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +4.6 pts
61.7% to 66.2%Significant
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Deteriorated: −3.7 pts
14.1% to 10.5%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: -20.8%
$0.55 to $0.44Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +12.0%
$951.6M to $1.07BNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +3.0 pts
10.8% to 13.8%Notable
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: -2.4%
395.7M to 386.1MNotable
Why it matters: The company bought back stock, so each remaining holding owns slightly more of it. Worth checking it was not funded by borrowing.
Changed: +11.2%
$55.4M to $61.6MNotable
Why it matters: Cash handed to shareholders. A rise can be a higher dividend or simply more shares, and a cut is a decision the company explains in its own filing — neither is rated here.
Q3 FY2026 against Q2 FY2026, from the 10-Q filed Oct 7, 2026 — read it. Quarter-to-quarter moves include seasonal swings — a retailer's holiday quarter — which the year-earlier comparison removes.
Improved: +81.9%
$122.2M to $222.3MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +93.1%
$87.3M to $168.6MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +93.1%
$0.23 to $0.44Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +3.5 pts
62.7% to 66.2%Significant
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +6.0 pts
7.8% to 13.8%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +4.9 pts
5.6% to 10.5%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: -24.5%
$849.3M to $641.4MSignificant
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +8.9%
$979.1M to $1.07BNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Changed: +14.3%
$53.9M to $61.6MNotable
Why it matters: Cash handed to shareholders. A rise can be a higher dividend or simply more shares, and a cut is a decision the company explains in its own filing — neither is rated here.
4 other measures barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
Filter by minute, hour, day or week — or compare against peers
Loading price history…
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 2.2% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
The trailing P/E is 13.0x — investors pay $13.0 for each $1 of trailing profit.
Nothing unusual. Its accounting patterns look like those of companies that report earnings straightforwardly.
| 4.1% |
| 9.2% |
| 14.61x |
| 2.01x |
| RLRALPH LAUREN CORP | 9.0/10 | 8/9 | 14.6% | 11.6% | 24.76x | 1.72x |
|---|
| TPRTAPESTRY, INC. | 9.0/10 | 8/9 | 14.2% | 19.1% | 14.94x | 8.67x |
|---|
| VFCV F CORP | 4.7/10 | 8/9 | 1.1% | 2.7% | 26.85x | 4.02x |
|---|
| PVHPVH CORP. /DE/ | 7.0/10 | 5/9 | 3.4% | 0.3% | 152.57x | 1.44x |
|---|
| Median of peers | 8.0/10 | — | 8.8% | 7.1% | 25.80x | 2.87x |
|---|
Peers come from the company's industry classification. A difference describes the companies; it does not rank them.
Was granted or awarded shares — 381 shares
Holds 103,606 shares after this filing.
Was granted or awarded shares — 156 shares
Holds 69,253 shares after this filing.
Was granted or awarded shares — 130 shares
Holds 20,423 shares after this filing.
Was granted or awarded shares — 73 shares
Holds 31,366 shares after this filing.
Was granted or awarded shares — 54 shares
Holds 73,087 shares after this filing.
Was granted or awarded shares — 106 shares
Holds 73,422 shares after this filing.
Notice filed ahead of a planned sale — the sale itself has not necessarily happened yet.
Filed notice to sell 98,144 shares ($2.4M) on or after .
Shares originally obtained via Restricted Stock Vesting.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Had a director or senior officer leave or join · Made a Regulation FD disclosure
Had a director or senior officer leave or join
Read the filingReported another event
Read the filingQuarterly report for Q2 FY2026
Revenue +8.0% · Profit +30.3% · Earnings per share +33.8% — against Q2 FY2025
Read the filingPublished results
Read the filingHad a director or senior officer leave or join
Read the filingHeld a shareholder vote
Read the filingAmended its charter or changed its financial year
Read the filingHad a director or senior officer leave or join · Made a Regulation FD disclosure
Read the filingPublished results
Read the filingQuarterly report for Q1 FY2026
Revenue +14.1% · Operating margin −1.1 pts · Free cash flow turned positive — against Q1 FY2025
Read the filingProxy statement for a shareholder meeting
Read the filingHad a director or senior officer leave or join
Read the filingPublished results
Read the filingAnnual report for FY2025
Operating margin +6.4 pts · Operating income +157.9% · Profit +174.5% — against FY2024
Read the filingHad a director or senior officer leave or join · Made a Regulation FD disclosure
Read the filingPublished results
Read the filingQuarterly report for Q3 FY2025
Revenue +7.0% · Operating margin +8.6 pts · Operating income +411.9% — against Q3 FY2025
Read the filingThe first 40 of 63. The rest are in the exhibit.
Source: Exhibit 21 of the 10-K filed 2026-01-28. These are legal entities, not brands or acquisitions — a company that bought a business may hold it inside an entity named here, or inside one small enough that the rule does not require naming it at all.
Coverage from the last 30 days
Can AI-Driven Visibility Expand Ralph Lauren's Digital Reach?
Yahoo ·
Does Narrowed Revenue Outlook Change The Bull Case For Levi Strauss Stock?
Yahoo ·
New Study Reveals Major Disconnect Between Retail Marketers and Consumer Priorities
Yahoo ·
2 Small-Cap Stocks with Exciting Potential and 1 We Ignore
Yahoo ·
How one major career risk built a $500M empire: Mindy Grossman
Yahoo ·
Wall Street Brunch: SpaceX, Tesla, Meta On The Earnings Card
SeekingAlpha ·
Store Closures Could Be A Game Changer For Albertsons Shares
Yahoo ·
Levi Strauss (NYSE:LEVI): Dividend Quality and Payout Risks for Income Investors
ChartMill ·
Meta, Tesla Headline Earnings In Busy Week For Markets
SeekingAlpha ·
Consumer Discretionary Stocks Q3 Earnings: Levi's (NYSE:LEVI) Firing on All Cylinders
Yahoo ·
Dividend Champion, Contender, And Challenger Highlights: Week Of October 18
SeekingAlpha ·
Albertsons expands board for a third time in 5 weeks
Yahoo ·
Primary sources and further research