26 years of historical data (2000–2025) · Consumer Cyclical · Apparel - Manufacturers
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Levi Strauss & Co. trades at 16.3x earnings, 22% below its 5-year average of 20.9x, sitting at the 33rd percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.2x, the stock trades at a discount of 23%. On a free-cash-flow basis, the stock trades at 28.5x P/FCF, 7% above the 5-year average of 26.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $9.3B | $8.8B | $7.0B | $6.2B | $6.7B | $10.5B | $7.3B | $6.9B | — | — | — |
| Enterprise Value | $10.8B | $10.4B | $8.5B | $8.0B | $8.3B | $11.9B | $8.5B | $6.9B | — | — | — |
| P/E Ratio → | 16.34 | 15.19 | 33.58 | 24.98 | 11.72 | 18.94 | — | 17.30 | — | — | — |
| P/S Ratio | 1.47 | 1.40 | 1.11 | 1.01 | 1.08 | 1.82 | 1.64 | 1.19 | — | — | — |
| P/B Ratio | 4.16 | 3.86 | 3.57 | 3.04 | 3.51 | 6.29 | 5.62 | 4.36 | — | — | — |
| P/FCF | 28.53 | 27.16 | 10.47 | 51.05 | — | 18.37 | 21.54 | 28.93 | — | — | — |
| P/OCF | 16.96 | 16.14 | 7.82 | 14.29 | 29.27 | 14.21 | 15.56 | 16.62 | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Levi Strauss & Co.'s enterprise value stands at 12.2x EBITDA, 13% below its 5-year average of 14.1x. This is roughly in line with the Consumer Cyclical sector median of 12.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.65 | 1.35 | 1.30 | 1.35 | 2.07 | 1.90 | 1.20 | — | — | — |
| EV / EBITDA | 12.22 | 11.71 | 18.69 | 15.43 | 10.35 | 14.36 | 149.43 | 10.04 | — | — | — |
| EV / EBIT | 15.94 | 15.17 | 32.78 | 25.73 | 12.35 | 18.23 | — | 12.75 | — | — | — |
| EV / FCF | — | 31.93 | 12.74 | 65.66 | — | 20.88 | 24.97 | 29.27 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Levi Strauss & Co. earns an operating margin of 10.8%, above the Consumer Cyclical sector average of 2.0%. Operating margins have expanded from 5.7% to 10.8% over the past 3 years, signaling improving operational efficiency. ROE of 27.2% indicates solid capital efficiency, compared to the sector median of 5.3%. ROIC of 13.9% represents solid returns on invested capital versus a sector median of 5.2%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.7% | 61.7% | 60.0% | 56.9% | 57.5% | 58.1% | 52.8% | 53.8% | 53.8% | 52.3% | 51.2% |
| Operating Margin | 10.8% | 10.8% | 4.2% | 5.7% | 10.5% | 11.9% | -1.9% | 9.8% | 9.7% | 9.8% | 10.2% |
| Net Profit Margin | 9.2% | 9.2% | 3.3% | 4.0% | 9.2% | 9.6% | -2.9% | 6.8% | 5.1% | 5.7% | 6.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 27.2% | 27.2% | 10.5% | 12.6% | 31.9% | 37.3% | -8.9% | 32.5% | 33.6% | 39.6% | 58.7% |
| ROA | 8.7% | 8.7% | 3.4% | 4.1% | 9.5% | 9.6% | -2.6% | 10.2% | 8.2% | 8.9% | 9.9% |
| ROIC | 13.9% | 13.9% | 5.4% | 7.2% | 14.6% | 18.5% | -3.1% | 29.9% | 32.6% | 28.1% | 27.5% |
| ROCE | 14.8% | 14.8% | 6.1% | 8.5% | 16.0% | 16.9% | -2.4% | 20.8% | 22.3% | 20.4% | 21.7% |
Solvency and debt-coverage ratios — lower is generally safer
Levi Strauss & Co. carries a Debt/EBITDA ratio of 2.6x, which is moderately leveraged (45% below the sector average of 4.8x). Net debt stands at $1.5B ($2.3B total debt minus $758M cash). Interest coverage of 13.9x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.01 | 1.01 | 1.12 | 1.07 | 1.10 | 1.35 | 2.05 | 0.65 | 1.23 | 1.32 | 1.79 |
| Debt / EBITDA | 2.61 | 2.61 | 4.84 | 4.20 | 2.60 | 2.70 | 46.93 | 1.47 | 1.59 | 1.83 | 1.87 |
| Net Debt / Equity | — | 0.68 | 0.77 | 0.87 | 0.87 | 0.86 | 0.89 | 0.05 | 0.40 | 0.55 | 1.16 |
| Net Debt / EBITDA | 1.75 | 1.75 | 3.33 | 3.44 | 2.06 | 1.73 | 20.51 | 0.12 | 0.51 | 0.77 | 1.21 |
| Debt / FCF | — | 4.77 | 2.27 | 14.62 | — | 2.51 | 3.43 | 0.34 | 1.30 | 1.13 | 3.36 |
| Interest Coverage | 13.94 | 13.94 | 6.32 | 7.70 | 25.16 | 9.41 | -1.04 | 8.55 | 9.77 | 7.00 | 6.32 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.55x means Levi Strauss & Co. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.94x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.48x to 1.55x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.55 | 1.55 | 1.42 | 1.48 | 1.43 | 1.45 | 2.02 | 2.46 | 1.97 | 2.27 | 2.21 |
| Quick Ratio | 0.94 | 0.94 | 0.86 | 0.75 | 0.71 | 0.97 | 1.49 | 1.70 | 1.21 | 1.41 | 1.27 |
| Cash Ratio | 0.42 | 0.42 | 0.34 | 0.22 | 0.25 | 0.48 | 1.03 | 0.87 | 0.61 | 0.72 | 0.49 |
| Asset Turnover | — | 0.92 | 1.00 | 1.02 | 1.02 | 0.98 | 0.79 | 1.36 | 1.57 | 1.46 | 1.52 |
| Inventory Turnover | 1.94 | 1.94 | 2.24 | 2.06 | 1.85 | 2.69 | 2.57 | 3.01 | 2.92 | 3.08 | 3.10 |
| Days Sales Outstanding | — | 45.01 | 40.78 | 44.46 | 41.24 | 44.81 | 44.28 | 49.58 | 34.97 | 36.13 | 38.40 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Levi Strauss & Co. returns 3.9% to shareholders annually — split between a 2.2% dividend yield and 1.6% buyback yield. The payout ratio of 36.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 6.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.2% | 2.4% | 2.8% | 3.1% | 2.6% | 1.0% | 0.9% | 1.7% | — | — | — |
| Payout Ratio | 36.8% | 36.8% | 94.3% | 76.3% | 30.6% | 18.9% | — | 28.9% | 31.8% | 24.9% | 20.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.1% | 6.6% | 3.0% | 4.0% | 8.5% | 5.3% | — | 5.8% | — | — | — |
| FCF Yield | 3.5% | 3.7% | 9.5% | 2.0% | — | 5.4% | 4.6% | 3.5% | — | — | — |
| Buyback Yield | 1.6% | 1.7% | 1.3% | 0.1% | 2.6% | 0.8% | 0.8% | 0.6% | — | — | — |
| Total Shareholder Yield | 3.9% | 4.1% | 4.1% | 3.2% | 5.2% | 1.8% | 1.6% | 2.3% | — | — | — |
| Shares Outstanding | — | $400M | $402M | $402M | $404M | $410M | $397M | $408M | $393M | $393M | $385M |
Compare LEVI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $9B | 16.3 | 12.2 | 28.5 | 61.7% | 10.8% | 27.2% | 13.9% | 2.6 | |
| $2B | -7.1 | 16.6 | 10.1 | 38.8% | 5.3% | -141.4% | 4.5% | 9.2 | |
| $4B | 145.4 | 29.1 | 6.6 | 57.5% | 7.3% | 0.5% | 6.1% | 17.5 | |
| $25B | 27.3 | 22.2 | 33.8 | 69.9% | 14.5% | 34.7% | 24.7% | 2.5 | |
| $7B | 27.1 | 12.3 | 13.4 | 54.8% | 6.3% | 15.3% | 7.3% | 5.6 | |
| $877M | 21.8 | 8.7 | 24.6 | 43.4% | 5.8% | 9.4% | 7.8% | 5.9 | |
| $3B | 119.1 | 13.8 | — | 8.5% | 3.2% | 3.1% | 5.4% | 1.4 | |
| $54B | 20.9 | 12.7 | 16.5 | 42.7% | 8.0% | 23.3% | 16.7% | 2.4 | |
| $3B | -5.2 | 56.8 | — | 45.5% | -0.7% | -30.0% | -0.9% | 26.1 | |
| $3B | 20.5 | 15.0 | 16.1 | 50.2% | 6.0% | 10.2% | 8.0% | 3.3 | |
| $6B | -83.4 | 8.0 | 9.5 | 57.0% | 22.0% | -5.2% | 21.7% | 1.7 | |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 26 years · Updated daily
Deep dive into LEVI consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying LEVI stock.
Levi Strauss & Co.'s current P/E ratio is 16.3x. The historical average is 20.3x. This places it at the 33th percentile of its historical range.
Levi Strauss & Co.'s current EV/EBITDA is 12.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.4x.
Levi Strauss & Co.'s return on equity (ROE) is 27.2%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 34.6%.
Based on historical data, Levi Strauss & Co. is trading at a P/E of 16.3x. This is at the 33th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Levi Strauss & Co.'s current dividend yield is 2.25% with a payout ratio of 36.8%.
Levi Strauss & Co. has 61.7% gross margin and 10.8% operating margin. Operating margin between 10-20% is typical for established companies.
Levi Strauss & Co.'s Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.