Flagship explainer

What drives LEVI STRAUSS & CO’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity27%Tax burden91%net income ÷ pretax incomeInterest burden94%pretax ÷ operating incomeOperating margin11%operating income ÷ revenueAsset turnover0.95×revenue ÷ average assetsEquity multiplier3.11×average assets ÷ average equityAs of 2025-11-30 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$578MFY2025
Income before tax$634MFY2025
Operating income$678MFY2025
$6.3BFY2025
Ending assets$6.8BFY2025
Beginning assets$6.4BFY2024
$2.3BFY2025
$2.0BFY2024
Source: · event Nov 30, 2025 · retrieved Oct 15, 2026 · annual-row source set
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