LEVI (Levi Strauss) Debt-to-Equity: 1.01 (As of May. 2026) — 14% Below Median

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Director of Data and Quant Analytics at GuruFocus
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LEVI Levi Strauss & Co LEVI
85 GF Score
Price $24.36
GF Value $21.39
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Levi Strauss Debt-to-Equity?

Levi Strauss LEVI -2.52% 85 Debt-to-Equity is 1.01 as of May. 2026, which is 14% below its 10-year median of 1.18. GuruFocus rates LEVI with a GF Score™ of 85/100 and a GF Value™ of $21.39 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 931 Manufacturing - Apparel & Accessories companies, Levi Strauss ranks worse than 76.37% on this metric.

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 Total Stockholders Equity for the quarter that ended in May. 2026 was $2,272 Mil. Levi Strauss's debt to equity for the quarter that ended in May. 2026 was 1.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

LEVI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65   Med: 1.18   Max: 2.46
Current: 1.01

During the past 12 years, the highest Debt-to-Equity Ratio of Levi Strauss was 2.46. The lowest was 0.65. And the median was 1.18.

LEVI's Debt-to-Equity is ranked worse than
76.37% of 931 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs LEVI: 1.01

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

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


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Levi Strauss Debt-to-Equity Related Terms


Levi Strauss Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Levi Strauss's Debt-to-Equity 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-Equity Chart

Levi Strauss Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 1.10 1.07 1.11 1.01

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-Equity 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 1.07 1.06 1.01 1.05 1.01

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

For the Apparel Manufacturing subindustry, Levi Strauss's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Manufacturing - Apparel & Accessories Industry

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

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


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

Levi Strauss Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Levi Strauss's Debt to Equity Ratio for the quarter that ended in May. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.01 mean?
Levi Strauss (LEVI) has a Debt-to-Equity of 1.01 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Levi Strauss and its competitors. This is 14% below median its historical median of 1.18. Over the past decade, Levi Strauss' Debt-to-Equity has ranged from 0.65 to 2.46. According to the industry distribution chart, Levi Strauss ranks #711 out of 931 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 76.4%.
Is Levi Strauss' Debt-to-Equity too high?
Levi Strauss' current Debt-to-Equity of 1.01 is 14% below median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 2.46. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.43. Levi Strauss' value of 1.01 is 134.9% above this industry median. Based on the distribution chart, Levi Strauss ranks #711 out of 931 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. 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-Equity compare to VFC and KTB?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Levi Strauss ranks #711 out of 931 companies for Debt-to-Equity. This places Levi Strauss in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Levi Strauss' value of 1.01 is 134.9% above this benchmark. Historically, Levi Strauss' own Debt-to-Equity has ranged from 0.65 to 2.46 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 0.43, 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-Equity for a Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.43, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Levi Strauss's current Debt-to-Equity of 1.01 is 134.9% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Levi Strauss and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Levi Strauss's current Debt-to-Equity is 1.01, which is 14% below median its own 10-year median of 1.18. 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 $21.39, compared to a current price of $24.36 — trading 13.9% above its estimated fair value. The current Debt-to-Equity is 1.01, which is 14% below median its 10-year median of 1.18 and 134.9% above the Manufacturing - Apparel & Accessories industry median of 0.43. 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Levi Strauss (LEVI), the current Debt-to-Equity is 1.01 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 $24.36 is trading 13.9% above its estimated GF Value™ of $21.39. GuruFocus considers Levi Strauss to be Modestly Overvalued.

Key valuation signals for LEVI:

  • Debt-to-Equity: 1.01 (14% below median its 10-year median of 1.18)
  • GF Value™: $21.39 vs. price of $24.36 (13.9% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 134.9% above the Manufacturing - Apparel & Accessories median (#711 of 931)

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

$24.36
Price
$21.39
GF Value