Levi Strauss vs Ralph Lauren
Ralph Lauren reported revenue of $8.1 billion in fiscal 2026, 1.3 times Levi Strauss' $6.3 billion in fiscal 2025. Levi Strauss' revenue grew 4.1% in its latest year, and Ralph Lauren's grew 14.6%. Levi Strauss had an operating margin of 10.8%, against 14.5% at Ralph Lauren. Free cash flow was $308 million at Levi Strauss and $746 million at Ralph Lauren. Their fiscal years end in different months (November 30 and March 28), so the periods don't line up exactly.
Side by side
| Levi Strauss | Ralph Lauren | |
|---|---|---|
| Latest fiscal year | FY2025, Nov 30, 2025 | FY2026, Mar 28, 2026 |
| Revenue | $6.3B | $8.1B |
| Revenue growth | 4.1% | 14.6% |
| Revenue growth a year, last 5 years | 7.1% | 13.0% |
| Gross margin | 61.7% | 69.9% |
| Operating margin | 10.8% | 14.5% |
| Net margin | 9.2% | 11.6% |
| Free cash flow | $308M | $746M |
| Free cash flow margin | 4.9% | 9.2% |
| Return on capital | 22.2% | 45.4% |
| Net debt to EBITDA | 0.3x | −0.4x |
| Dividends and buybacks | $243M | $840M |
| Change in diluted share count | −0.7% | −2.7% |
| Last close | $21.84 | $386.95 |
| P/E at the last close | 14.6× | 24.4× |
| Insider trades, last 12 months | sold $42.5 million | sold $123.5 million |
| Piotroski F-score | 7 of 9 | 8 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Levi StraussRalph Lauren
Operating margin
Percent of revenue
Levi StraussRalph Lauren
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Levi StraussRalph Lauren
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Levi Strauss and Ralph Lauren pages.