Levi StraussLEVI +1.11%85 Return-on-Tangible-Asset is 11.28% as of Feb. 2026, which is 18% above its 10-year median of 9.57. GuruFocus rates LEVI with a GF Score™ of 85/100 and a GF Value™ of $20.70 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Levi Strauss ranks better than 89.74% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Levi Strauss's annualizedNet Income for the quarter that ended in Feb. 2026 was $703 Mil. Levi Strauss's average total tangible assets for the quarter that ended in Feb. 2026 was $6,236 Mil. Therefore, Levi Strauss's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 11.28%.
The historical rank and industry rank for Levi Strauss's Return-on-Tangible-Asset or its related term are showing as below:
LEVI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.74 Med: 9.57 Max: 10.95
Current: 10.17
During the past 12 years, Levi Strauss's highest Return-on-Tangible-Asset was 10.95%. The lowest was -2.74%. And the median was 9.57%.
LEVI's Return-on-Tangible-Asset is ranked better than 89.74% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.99
vs LEVI: 10.17
Levi Strauss (NYSE:LEVI) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Levi Strauss Return-on-Tangible-Asset Related Terms
Levi Strauss Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Levi Strauss's Return-on-Tangible-Asset 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 vs VFC, KTB, ZGN: Return-on-Tangible-Asset Comparison
For the Apparel Manufacturing subindustry, Levi Strauss's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Levi Strauss's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Levi Strauss's Return-on-Tangible-Asset falls into.
* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 11.28% mean?
Levi Strauss (LEVI) has a Return-on-Tangible-Asset of 11.28% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Levi Strauss and its competitors. This is 18% above median its historical median of 9.57. According to the industry distribution chart, Levi Strauss ranks #109 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 10.3%.
Is Levi Strauss' Return-on-Tangible-Asset too high?
Levi Strauss' current Return-on-Tangible-Asset of 11.28% is 18% above median its 10-year median of 9.57. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.99. Levi Strauss' value of 11.28% is 466.8% above this industry median. Based on the distribution chart, Levi Strauss ranks #109 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position 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' Return-on-Tangible-Asset compare to VFC and KTB?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Levi Strauss ranks #109 out of 1062 companies for Return-on-Tangible-Asset. This places Levi Strauss in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.99. Levi Strauss' value of 11.28% is 466.8% above this benchmark. While the company's 10-year median is 9.57 vs. the industry median of 1.99, 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 Return-on-Tangible-Asset for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 1.99, based on 1,062 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Levi Strauss's current Return-on-Tangible-Asset of 11.28% is 466.8% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Levi Strauss and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Levi Strauss's current Return-on-Tangible-Asset is 11.28%, which is 18% above median its own 10-year median of 9.57. 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 $20.70, compared to a current price of $24.68 — trading 19.2% above its estimated fair value. The current Return-on-Tangible-Asset is 11.28%, which is 18% above median its 10-year median of 9.57 and 466.8% above the Manufacturing - Apparel & Accessories industry median of 1.99. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Levi Strauss (LEVI), the current Return-on-Tangible-Asset is 11.28% as of Feb. 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 $24.68 is trading 19.2% above its estimated GF Value™ of $20.70.
GuruFocus considers Levi Strauss to be Modestly Overvalued.
Key valuation signals for LEVI:
Return-on-Tangible-Asset: 11.28% (18% above median its 10-year median of 9.57)
GF Value™: $20.70 vs. price of $24.68 (19.2% above fair value)
Industry Position: 466.8% above the Manufacturing - Apparel & Accessories median (#109 of 1062)
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 & 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
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