Levi Strauss (LEVI) Operating Margin (2010 - 2026)
Levi Strauss (LEVI) reported Operating Margin of 7.82% for fiscal Q2 2026 (quarter ended May 31, 2026), up 0.35 percentage points from 7.47% a year earlier but down 3.58 percentage points from the prior quarter.
Levi Strauss (LEVI) Operating Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended May 31, 2026, Levi Strauss' Operating Margin came in at 10.57%, up 1.80 percentage points year-over-year; for FY2025 (ended Nov 30, 2025), it came in at 10.79%, up 6.43 percentage points from FY2024.
- Operating Margin has a five-year change of +12.70 percentage points (FY2020 to FY2025).
- By fiscal year, Operating Margin came in at 4.36% in FY2024 (-1.71 pp), 6.07% in FY2023 (-4.41 pp), 10.48% in FY2022 (-1.42 pp) and 11.91% in FY2021 (+13.82 pp).
- Five-year quarterly Operating Margin spans a low of 0.04% in fiscal Q1 2024 and a high of 14.71% in fiscal Q1 2022.
- Year over year, Operating Margin gained in six of the last eight quarters, with an average year-over-year change of +3.31 percentage points.
- The high point for year-over-year Operating Margin in five years was fiscal Q1 2025 (a gain of 12.51 percentage points); the low point was fiscal Q3 2023 (a drop of 10.82 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at 11.40% (Q1 2026), 11.93% (Q4 2025) and 10.85% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 52.47 Bn | 18.46 Bn | 5.39 Bn | 11.95% |
| 2 | Tapestry | 23.05 Bn | 19.01 Bn | 1.56 Bn | 23.57% |
| 3 | Ralph Lauren | 21.35 Bn | 13.45 Bn | 1.44 Bn | 17.47% |
| 4 | Deckers Outdoor | 11.12 Bn | 3.99 Bn | - | - |
| 5 | Lululemon Athletica | 10.25 Bn | 4.50 Bn | 1.46 Bn | 18.78% |
| 6 | Levi Strauss | 7.60 Bn | 4.25 Bn | 979.10 Mn | 7.82% |
| 7 | Gildan Activewear | 6.52 Bn | 5.51 Bn | 459.76 Mn | 11.12% |
| 8 | Birkenstock Holding | 5.97 Bn | 4.27 Bn | 493.89 Mn | 28.22% |
| 9 | Crocs | 5.64 Bn | 5.06 Bn | 700.71 Mn | 24.22% |
| 10 | V F | 5.53 Bn | 2.15 Bn | 917.04 Mn | -4.98% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 7.82% |
| Mar 1, 2026 | 11.40% |
| Nov 30, 2025 | 11.93% |
| Aug 31, 2025 | 10.85% |
| Jun 1, 2025 | 7.47% |
| Mar 2, 2025 | 12.55% |
| Dec 1, 2024 | 11.91% |
| Aug 25, 2024 | 2.27% |
| May 26, 2024 | 1.54% |
| Feb 25, 2024 | 0.04% |
| Nov 26, 2023 | 11.67% |
| Aug 27, 2023 | 2.30% |
| May 28, 2023 | 0.74% |
| Feb 26, 2023 | 9.32% |
| Nov 27, 2022 | 8.62% |
| Aug 28, 2022 | 13.12% |
| May 29, 2022 | 5.18% |
| Feb 27, 2022 | 14.71% |
| Nov 28, 2021 | 11.06% |
| Aug 29, 2021 | 14.44% |
Levi Strauss Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=LEVI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "LEVI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=LEVI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();