LEVI vs RL: Levi Strauss & and Ralph Lauren compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Ralph Lauren is the larger company, worth $22.4B, about 3.2 times Levi Strauss &.
- Ralph Lauren grew revenue faster over the last year (+14.0% vs +4.3%).
- Ralph Lauren keeps more of each dollar of revenue as operating profit (14.9% vs 11.3%).
- On earnings, Levi Strauss & is the cheaper stock (13.4x vs 25.1x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | LEVI | RL |
|---|---|---|
| Market cap | $7.0B | $22.4B |
| Share price | $18.70 | $371.28 |
| Revenue (last fiscal year) | $6.3B | $8.1B |
| Free cash flow (last fiscal year) | $308M | — |
| Revenue growth, last year | +4.3% | +14.0% |
| Revenue growth per year, last 5 fiscal years | +2.2% | +6.9% |
| Operating margin | 11.3% | 14.9% |
| Net margin | 8.8% | 11.8% |
| Return on equity | 24.4% | 36.1% |
| P/E (trailing) | 13.4x | 25.1x |
| Price / free cash flow | 21.6x | 21.9x |
| EV / EBITDA | 8.84x | 14.6x |
| FCF growth the price implies | 6.6% | — |
| Dividend yield | 3.0% | 0.99% |
| Debt / equity | 1.87x | 1.81x |
| Fundamental grade | C | B |
| Superinvestors holding it | 3 | 2 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Levi Strauss &
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $5.8B | $570M | 11.9% |
| 2022 | $6.2B | -$39M | 10.5% |
| 2023 | $5.8B | $122M | 6.1% |
| 2024 | $6.0B | $671M | 4.4% |
| 2025 | $6.3B | $308M | 10.8% |
Ralph Lauren
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $6.2B | $549M | 12.8% |
| 2023 | $6.4B | $194M | 10.9% |
| 2024 | $6.6B | $905M | 11.4% |
| 2025 | $7.1B | $1.0B | 13.2% |
| 2026 | $8.1B | — | 14.5% |
Where the revenue comes from
Levi Strauss & · by segments, 2025
Americas$3.3B52%
Europe$1.7B27%
Asia$1.1B18%
Other Brands$151M2%
Ralph Lauren · by segments, 2026
North America Segment$3.3B41%
Europe Segment$2.5B31%
Asia Segment$2.1B26%
Other Non-Reportable Segment-Related$142M2%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open LEVI in InvestinglyQuestions
Which is bigger, Levi Strauss & or Ralph Lauren?
Ralph Lauren (RL), at $22.4B against $7.0B.
Is LEVI or RL cheaper?
By trailing P/E, Levi Strauss & (13.4x) is cheaper than Ralph Lauren (25.1x). A lower multiple can also mean the market expects less growth.
Which grows faster, LEVI or RL?
Ralph Lauren: revenue grew +14.0% over the last year, against +4.3%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.