LEVI (Levi Strauss) Altman Z-Score: 3.19 (As of Jun. 24, 2026) — 11% Above Median


LEVI Levi Strauss & Co LEVI
85 GF Score
Price $23.56
GF Value $20.66
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Levi Strauss Altman Z-Score?

Levi Strauss LEVI +0.81% 85 Altman Z-Score is 3.19 as of Jun. 24, 2026, which is 11% above its 10-year median of 2.88. GuruFocus rates LEVI with a GF Score™ of 85/100 and a GF Value™ of $20.66 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,034 Manufacturing - Apparel & Accessories companies, Levi Strauss ranks better than 61.99% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 3.18 is strong.

Levi Strauss has a Altman Z-Score of 3.19, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Levi Strauss's Altman Z-Score or its related term are showing as below:

LEVI' s Altman Z-Score Range Over the Past 10 Years
Min: 2.07   Med: 2.88   Max: 4.54
Current: 3.18

During the past 12 years, Levi Strauss's highest Altman Z-Score was 4.54. The lowest was 2.07. And the median was 2.88.


Levi Strauss  (NYSE:LEVI) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Levi Strauss Altman Z-Score Related Terms


Levi Strauss Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Levi Strauss's Altman Z-Score 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 Altman Z-Score Chart

Levi Strauss Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.31 2.90 2.63 2.55 2.96

Levi Strauss Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Altman Z-Score 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 2.80 2.69 3.01 2.96 3.12

LEVI vs VFC, PVH, KTB: Altman Z-Score Comparison

For the Apparel Manufacturing subindustry, Levi Strauss's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Levi Strauss's Altman Z-Score falls into.


LEVI
85GF Score
Levi Strauss & Co LEVI
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Levi Strauss Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Levi Strauss's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.1619+1.4*0.2834+3.3*0.112+0.6*2.0743+1.0*0.9883
=3.19

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Feb. 2026:
Total Assets was $6,575 Mil.
Total Current Assets was $2,910 Mil.
Total Current Liabilities was $1,845 Mil.
Retained Earnings was $1,863 Mil.
Pre-Tax Income was 228.2 + 198.7 + 156.2 + 102.5 = $686 Mil.
Interest Expense was -13.1 + -13.4 + -12.5 + -11.8 = $-51 Mil.
Revenue was 1742.5 + 1765.8 + 1543.4 + 1446 = $6,498 Mil.
Market Cap (Today) was $9,061 Mil.
Total Liabilities was $4,368 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(2909.5 - 1845.3)/6574.8
=0.1619

X2=Retained Earnings/Total Assets
=1863.4/6574.8
=0.2834

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(685.6 - -50.8)/6574.8
=0.112

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=9061.087/4368.2
=2.0743

X5=Revenue/Total Assets
=6497.7/6574.8
=0.9883

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Levi Strauss has a Altman Z-Score of 3.19 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 3.19 mean?
Levi Strauss (LEVI) has a Altman Z-Score of 3.19 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Levi Strauss and its competitors. This is 11% above median its historical median of 2.88. Over the past decade, Levi Strauss' Altman Z-Score has ranged from 2.07 to 4.54. According to the industry distribution chart, Levi Strauss ranks #393 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 38%.
Is Levi Strauss' Altman Z-Score too high?
Levi Strauss' current Altman Z-Score of 3.19 is 11% above median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 4.54. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.51. Levi Strauss' value of 3.19 is 27.1% above this industry median. Based on the distribution chart, Levi Strauss ranks #393 out of 1034 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' Altman Z-Score compare to VFC and PVH?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Levi Strauss ranks #393 out of 1034 companies for Altman Z-Score. This puts Levi Strauss in the upper half of its industry. The industry median Altman Z-Score is 2.51. Levi Strauss' value of 3.19 is 27.1% above this benchmark. Historically, Levi Strauss' own Altman Z-Score has ranged from 2.07 to 4.54 over the past decade. While the company's 10-year median is 2.88 vs. the industry median of 2.51, 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 Altman Z-Score for a Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.51, based on 1,034 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Levi Strauss's current Altman Z-Score of 3.19 is 27.1% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Levi Strauss and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Levi Strauss's current Altman Z-Score is 3.19, which is 11% above median its own 10-year median of 2.88. 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 $20.66, compared to a current price of $23.56 — trading 14% above its estimated fair value. The current Altman Z-Score is 3.19, which is 11% above median its 10-year median of 2.88 and 27.1% above the Manufacturing - Apparel & Accessories industry median of 2.51. 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 Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Levi Strauss (LEVI), the current Altman Z-Score is 3.19 as of Jun. 24, 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 $23.56 is trading 14% above its estimated GF Value™ of $20.66. GuruFocus considers Levi Strauss to be Modestly Overvalued.

Key valuation signals for LEVI:

  • Altman Z-Score: 3.19 (11% above median its 10-year median of 2.88)
  • GF Value™: $20.66 vs. price of $23.56 (14% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 27.1% above the Manufacturing - Apparel & Accessories median (#393 of 1034)

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

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

$23.56
Price
$20.66
GF Value