Levi Strauss LEVI
NYSE LEVI
$20.20 -0.15 (-0.74%)
As of: Sep 10, 2026 · 12:00 PM EDT

Levi Strauss (LEVI) Operating Margin (2010 - 2026)

Levi Strauss' (LEVI) quarterly Operating Margin came in at 7.82% in Q2 2026, up 35.0% on a YoY basis from 5.8% in Q2 2025, and down 31.39% quarter-over-quarter from 11.4% in Q1 2026.

Analysis

Levi Strauss (LEVI) Operating Margin (2010 - 2026) Analysis & Trends

Levi Strauss (LEVI) has reported Operating Margin for 17 consecutive years, with 7.82% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Margin rose 35.0% year-over-year to 7.82%; the trailing twelve-month figure through May 2026 stood at 10.57% (up 180.0% YoY), and the FY2025 full-year result was 10.79%, up 643.0% from the prior year.
  • Operating Margin fell to 7.82% in Q2 2026 per LEVI's latest filing, from 11.4% in the prior quarter.
  • Across five years, Operating Margin topped out at 14.71% in Q1 2022 and bottomed at 0.04% in Q1 2024.
  • Historically, Operating Margin has averaged 7.97% across 5 years, with a median of 8.97% in 2022.
  • The sharpest annual moves came in 2023 and 2025: Operating Margin sank 1082 bps in 2023, then surged 1251 bps in 2025.
  • Over 5 years, Operating Margin stood at 8.62% in 2022, then surged by 35 bps to 11.67% in 2023, then increased by 2 bps to 11.91% in 2024, then rose by 0 bps to 11.93% in 2025, then plunged by 34 bps to 7.82% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 7.82%, 11.4%, and 11.93% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Lululemon Athletica 11.05 Bn 9.66 Bn 1.46 Bn 18.78%
2 Gildan Activewear 7.97 Bn 7.70 Bn 459.76 Mn 11.12%
3 Levi Strauss 7.77 Bn 6.79 Bn 979.10 Mn 7.82%
4 V F 4.91 Bn 4.24 Bn 917.04 Mn -4.98%
5 Kontoor Brands 3.67 Bn 3.61 Bn 328.26 Mn 15.49%
6 Pvh 3.15 Bn 2.18 Bn 1.32 Bn -9.10%
7 Warby Parker 2.99 Bn 2.70 Bn 136.46 Mn 1.34%
8 Columbia Sportswear 2.86 Bn 2.23 Bn 358.43 Mn 5.03%
9 Figs 2.12 Bn 1.83 Bn 147.86 Mn 17.93%
10 Under Armour 2.01 Bn 1.62 Bn 593.83 Mn 4.26%
Historic Data

Historic Data

Download Data
DateValue
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%