LEVI STRAUSS & CO.
LEVI · Consumer Discretionary · FY2025 filings · Wide moat
On the watchlist
The four filters
Pricing power89
Median gross margin 55.7% over 10y, very stable.
Returns on capital97
Median ROIC 25.5%, above the 9% hurdle in 90% of years.
Balance-sheet safety80
Net debt/EBITDA 0.3x, interest coverage 14x.
Capital discipline65
Owner earnings +7.9%/yr, share count flat.
Margin of safety
Above valueOn sale
- Owner earnings (normalized)
- $553.5M
- Est. intrinsic value / share
- —
- Recent price
- $24.29
- Discount to value
- No price data
Conservative model: 9% discount rate, 1% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
Moat Score history
Score history begins 2026-07-17. Check back as the record builds.
Scores are logged append-only and never overwritten — this record can't be backfilled, which is exactly why it's worth keeping.