Tearsheet

Levi Strauss (LEVI)


Market Price (11/6/2025): $19.9 | Market Cap: $7.9 Bil
Sector: Consumer Discretionary | Industry: Apparel, Accessories & Luxury Goods

Levi Strauss (LEVI)


Market Price (11/6/2025): $19.9
Market Cap: $7.9 Bil
Sector: Consumer Discretionary
Industry: Apparel, Accessories & Luxury Goods

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3%
Weak multi-year price returns
2Y Excs Rtn is -4.7%, 3Y Excs Rtn is -27%
 
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11%
  
2 Low stock price volatility
Vol 12M is 43%
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11%
2 Low stock price volatility
Vol 12M is 43%
3 Weak multi-year price returns
2Y Excs Rtn is -4.7%, 3Y Excs Rtn is -27%

Market Valuation & Key Metrics

LEVI Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
LEVI Return5%26%-36%10%8%20%19%
Peers Return11%24%-21%81%15%6%141%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
LEVI Win Rate67%42%42%58%58%70% 
Peers Win Rate43%47%30%53%40%52% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
LEVI Max Drawdown-51%-3%-43%-15%-8%-28% 
Peers Max Drawdown-49%-3%-39%-9%-11%-36% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: URBN, ANF, AEO, GES, JL. See LEVI Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/5/2025 (YTD)

How Low Can It Go

Unique KeyEventLEVIS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-57.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven137.8%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-53.6%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven115.4%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven251 days148 days

Compare to URBN, ANF, AEO, GES, JL


In The Past

Levi Strauss's stock fell -57.9% during the 2022 Inflation Shock from a high on 5/3/2021. A -57.9% loss requires a 137.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Levi Strauss (LEVI)

Better Bets than Levi Strauss (LEVI)

Trade Ideas

Select past ideas related to LEVI. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
LRN_10312025_Dip_Buyer_ValueBuy10312025LRNStrideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
5.7%5.7%0.0%
DECK_10312025_Dip_Buyer_High_CFO_Margins_ExInd_DE10312025DECKDeckers OutdoorDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
0.4%0.4%-2.4%
ATGE_10312025_Quality_Momentum_RoomToRun_10%10312025ATGEAdtalem Global EducationQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
-0.5%-0.5%-5.9%
GNTX_10242025_Dip_Buyer_FCFYield10242025GNTXGentexDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-0.2%-0.2%-2.2%
LNW_10172025_Dip_Buyer_FCFYield10172025LNWLight & WonderDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-3.6%-3.6%-6.2%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
LRN_10312025_Dip_Buyer_ValueBuy10312025LRNStrideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
5.7%5.7%0.0%
DECK_10312025_Dip_Buyer_High_CFO_Margins_ExInd_DE10312025DECKDeckers OutdoorDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
0.4%0.4%-2.4%
ATGE_10312025_Quality_Momentum_RoomToRun_10%10312025ATGEAdtalem Global EducationQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
-0.5%-0.5%-5.9%
GNTX_10242025_Dip_Buyer_FCFYield10242025GNTXGentexDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-0.2%-0.2%-2.2%
LNW_10172025_Dip_Buyer_FCFYield10172025LNWLight & WonderDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-3.6%-3.6%-6.2%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Levi Strauss

Financials

LEVIURBNANFAEOGESJLMedian
NameLevi Str.Urban Ou.Abercrom.American.Guess? J-Long  
Mkt Price20.1664.4970.4016.9716.984.7918.57
Mkt Cap8.05.83.32.90.9-3.3
Rev LTM6,5895,8325,1005,2673,092-5,267
Op Inc LTM716557744301140-557
FCF LTM32439934515213-324
FCF 3Y Avg278285390293126-285
CFO LTM560590563410101-560
CFO 3Y Avg538479578514207-514

Growth & Margins

LEVIURBNANFAEOGESJLMedian
NameLevi Str.Urban Ou.Abercrom.American.Guess? J-Long  
Rev Chg LTM11.2%9.6%9.3%-2.7%7.8%-9.3%
Rev Chg 3Y Avg1.9%7.5%11.7%1.6%4.9%-4.9%
Rev Chg Q7.0%11.3%6.6%-0.6%5.5%-6.6%
QoQ Delta Rev Chg LTM1.5%2.7%1.5%-0.1%1.3%-1.5%
Op Mgn LTM10.9%9.5%14.6%5.7%4.5%-9.5%
Op Mgn 3Y Avg8.9%7.6%11.6%6.7%6.9%-7.6%
QoQ Delta Op Mgn LTM0.3%0.3%0.4%0.0%-0.6%-0.3%
CFO/Rev LTM8.5%10.1%11.0%7.8%3.3%-8.5%
CFO/Rev 3Y Avg8.7%8.9%12.8%9.9%7.3%-8.9%
FCF/Rev LTM4.9%6.8%6.8%2.9%0.4%-4.9%
FCF/Rev 3Y Avg4.5%5.2%8.6%5.7%4.5%-5.2%

Valuation

LEVIURBNANFAEOGESJLMedian
NameLevi Str.Urban Ou.Abercrom.American.Guess? J-Long  
Mkt Cap8.05.83.32.90.9-3.3
P/S1.21.00.70.60.3-0.7
P/EBIT11.79.84.39.611.6-9.8
P/E13.212.26.214.727.9-13.2
P/CFO14.29.85.97.18.6-8.6
Total Yield9.5%8.2%16.2%8.4%11.0%-9.5%
Dividend Yield2.0%0.0%0.0%1.6%7.4%-1.6%
FCF Yield 3Y Avg2.8%6.5%9.8%11.9%12.3%-9.8%
D/E0.30.20.30.71.8-0.3
Net D/E0.20.10.10.61.6-0.2

Returns

LEVIURBNANFAEOGESJLMedian
NameLevi Str.Urban Ou.Abercrom.American.Guess? J-Long  
1M Rtn-16.5%-11.7%-9.6%8.6%0.9%1.3%-4.4%
3M Rtn-0.4%-19.2%-31.8%33.5%27.0%-14.6%-7.5%
6M Rtn23.5%24.5%1.0%55.1%58.3%37.2%30.9%
12M Rtn23.0%77.5%-48.7%-7.4%9.7%7.2%8.5%
3Y Rtn44.2%178.9%310.5%63.1%30.8%-63.1%
1M Excs Rtn-18.3%-9.1%-7.9%9.3%0.0%7.6%-3.9%
3M Excs Rtn-6.4%-24.3%-39.1%28.6%18.6%-22.5%-14.5%
6M Excs Rtn2.8%3.9%-19.6%34.4%37.7%16.6%10.2%
12M Excs Rtn2.1%62.1%-65.0%-27.9%-9.2%-9.2%-9.2%
3Y Excs Rtn-27.2%94.8%224.9%-12.9%-43.2%--12.9%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Single Segment6,1796,1695,7644,4535,763
Total6,1796,1695,7644,4535,763


Price Behavior

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity6,792,351
Short Interest: % Change Since 9302025-16.0%
Average Daily Volume4,918,125
Days-to-Cover Short Interest1.38
Basic Shares Quantity395,659,040
Short % of Basic Shares1.7%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/9/2025-12.6%-13.2% 
7/10/202511.3%6.7%2.1%
1/29/20254.2%6.1%0.1%
10/2/2024-7.7%-10.3%-18.2%
6/26/2024-15.4%-17.6%-22.7%
1/25/20241.3%6.2%15.8%
10/5/2023-0.8%6.4%10.6%
7/6/2023-7.7%-0.8%5.1%
...
SUMMARY STATS   
# Positive101212
# Negative1199
Median Positive4.6%6.2%9.0%
Median Negative-7.7%-10.3%-9.7%
Max Positive11.3%14.4%20.7%
Max Negative-16.0%-17.6%-22.7%

SEC Filings

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Report DateFiling DateFiling
83120251009202510-Q 8/31/2025
5312025710202510-Q 6/1/2025
2282025407202510-Q 3/2/2025
11302024129202510-K 12/1/2024
83120241002202410-Q 8/25/2024
5312024626202410-Q 5/26/2024
2292024403202410-Q 2/25/2024
11302023125202410-K 11/26/2023
83120231005202310-Q 8/27/2023
5312023706202310-Q 5/28/2023
2282023406202310-Q 2/26/2023
11302022125202310-K 11/27/2022
83120221006202210-Q 8/28/2022
5312022707202210-Q 5/29/2022
2282022406202210-Q 2/27/2022
11302021126202210-K 11/28/2021

Insider Activity

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