LEVI (Levi Strauss) Debt-to-EBITDA : 2.98 (As of May. 2026) — 17% Above Median


LEVI Levi Strauss & Co LEVI
85 GF Score
Price $24.31
GF Value $21.36
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Levi Strauss Debt-to-EBITDA?

Levi Strauss LEVI +1.97% 85 Debt-to-EBITDA is 2.98 as of May. 2026, which is 17% above its 10-year median of 2.55. GuruFocus rates LEVI with a GF Score™ of 85/100 and a GF Value™ of $21.36 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 806 Manufacturing - Apparel & Accessories companies, Levi Strauss ranks better than 54.22% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Levi Strauss's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $268 Mil. Levi Strauss's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $2,027 Mil. Levi Strauss's annualized EBITDA for the quarter that ended in May. 2026 was $769 Mil. Levi Strauss's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 was 2.98.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Levi Strauss's Debt-to-EBITDA or its related term are showing as below:

LEVI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.52   Med: 2.55   Max: 77.77
Current: 2.35

During the past 12 years, the highest Debt-to-EBITDA Ratio of Levi Strauss was 77.77. The lowest was 1.52. And the median was 2.55.

LEVI's Debt-to-EBITDA is ranked better than
54.22% of 806 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.715 vs LEVI: 2.35

Levi Strauss  (NYSE:LEVI) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Levi Strauss Debt-to-EBITDA Related Terms


Levi Strauss Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Levi Strauss's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Levi Strauss Debt-to-EBITDA Chart

Levi Strauss Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.82 2.51 4.57 4.84 2.59

Levi Strauss Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.41 2.60 2.16 1.95 2.98

LEVI vs VFC, KTB, ZGN: Debt-to-EBITDA Comparison

For the Apparel Manufacturing subindustry, Levi Strauss's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Levi Strauss Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Levi Strauss's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Levi Strauss's Debt-to-EBITDA falls into.


LEVI
85GF Score
Levi Strauss & Co LEVI
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Levi Strauss Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Levi Strauss's Debt-to-EBITDA for the fiscal year that ended in Nov. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(260.7 + 2044.8) / 888.9
=2.59

Levi Strauss's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(268.3 + 2027.3) / 769.2
=2.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (May. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.98 mean?
Levi Strauss (LEVI) has a Debt-to-EBITDA of 2.98 as of May. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Levi Strauss. This is 17% above median its historical median of 2.55. Over the past decade, Levi Strauss' Debt-to-EBITDA has ranged from 1.52 to 77.77. According to the industry distribution chart, Levi Strauss ranks #369 out of 806 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45.8%.
Is Levi Strauss' Debt-to-EBITDA too high?
Levi Strauss' current Debt-to-EBITDA of 2.98 is 17% above median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 77.77. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.72. Levi Strauss' value of 2.98 is 9.8% above this industry median. Based on the distribution chart, Levi Strauss ranks #369 out of 806 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Levi Strauss has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Levi Strauss' Debt-to-EBITDA compare to VFC and KTB?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Levi Strauss ranks #369 out of 806 companies for Debt-to-EBITDA. This puts Levi Strauss in the upper half of its industry. The industry median Debt-to-EBITDA is 2.72. Levi Strauss' value of 2.98 is 9.8% above this benchmark. Historically, Levi Strauss' own Debt-to-EBITDA has ranged from 1.52 to 77.77 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 2.72, Levi Strauss has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.72, based on 806 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Levi Strauss's current Debt-to-EBITDA of 2.98 is 9.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Levi Strauss. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Levi Strauss's current Debt-to-EBITDA is 2.98, which is 17% above median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Levi Strauss stock overvalued right now?
Based on GuruFocus' analysis, Levi Strauss (LEVI) is currently considered Modestly Overvalued. The stock's GF Value™ is $21.36, compared to a current price of $24.31 — trading 13.8% above its estimated fair value. The current Debt-to-EBITDA is 2.98, which is 17% above median its 10-year median of 2.55 and 9.8% above the Manufacturing - Apparel & Accessories industry median of 2.72. Levi Strauss' overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Levi Strauss (LEVI), the current Debt-to-EBITDA is 2.98 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Levi Strauss (LEVI) Overvalued in 2026?

Based on GuruFocus' analysis, Levi Strauss stock appears to be overvalued. The current stock price of $24.31 is trading 13.8% above its estimated GF Value™ of $21.36. GuruFocus considers Levi Strauss to be Modestly Overvalued.

Key valuation signals for LEVI:

  • Debt-to-EBITDA: 2.98 (17% above median its 10-year median of 2.55)
  • GF Value™: $21.36 vs. price of $24.31 (13.8% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 9.8% above the Manufacturing - Apparel & Accessories median (#369 of 806)

No single metric tells the full story. See the LEVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Levi Strauss Business Description

Address 1155 Battery Street, San Francisco, CA, USA, 94111
Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dresses pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co. and Denizen brands. The company manages its business according to three regional segments: the Americas, which is the key revenue driver; Europe; and Asia.
85GF Score

Get the complete analysis for LEVI

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.31
Price
$21.36
GF Value