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Side-by-side financial comparison of LEVI STRAUSS & CO (LEVI) and M/I HOMES, INC. (MHO). Click either name above to swap in a different company.
LEVI STRAUSS & CO is the larger business by last-quarter revenue ($1.8B vs $1.1B, roughly 1.5× M/I HOMES, INC.). LEVI STRAUSS & CO runs the higher net margin — 8.9% vs 5.6%, a 3.4% gap on every dollar of revenue. On growth, LEVI STRAUSS & CO posted the faster year-over-year revenue change (-4.0% vs -4.8%). LEVI STRAUSS & CO produced more free cash flow last quarter ($215.7M vs $-13.0M). Over the past eight quarters, LEVI STRAUSS & CO's revenue compounded faster (6.5% CAGR vs 4.7%).
Levi Strauss & Co. is an American clothing company known worldwide for its Levi's brand of denim jeans. It was founded in May 1853 when German-Jewish immigrant Levi Strauss moved from Buttenheim, Bavaria, to San Francisco, California, to open a West Coast branch of his brothers' New York dry goods business. Although the corporation is registered in Delaware, the company's corporate headquarters is located in Levi's Plaza in San Francisco.
M/I Homes, Inc. is a leading U.S. residential construction company that designs, builds and sells single-family homes, townhomes and duplexes across multiple U.S. states. It caters to entry-level, move-up and luxury homebuyers, offering energy-efficient designs, flexible floor plans and personalized customization options.
LEVI vs MHO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $1.1B |
| Net Profit | $158.0M | $64.0M |
| Gross Margin | 60.8% | 17.4% |
| Operating Margin | 11.9% | 6.5% |
| Net Margin | 8.9% | 5.6% |
| Revenue YoY | -4.0% | -4.8% |
| Net Profit YoY | -13.4% | -52.1% |
| EPS (diluted) | $0.39 | $2.42 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.8B | $1.1B | ||
| Q3 25 | $1.5B | $1.1B | ||
| Q2 25 | $1.4B | $1.2B | ||
| Q1 25 | $1.5B | $976.1M | ||
| Q4 24 | $1.8B | $1.2B | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.4B | $1.1B | ||
| Q1 24 | $1.6B | $1.0B |
| Q4 25 | $158.0M | $64.0M | ||
| Q3 25 | $218.1M | $106.5M | ||
| Q2 25 | $67.0M | $121.2M | ||
| Q1 25 | $135.0M | $111.2M | ||
| Q4 24 | $182.5M | $133.5M | ||
| Q3 24 | $20.7M | $145.4M | ||
| Q2 24 | $18.0M | $146.7M | ||
| Q1 24 | $-10.6M | $138.1M |
| Q4 25 | 60.8% | 17.4% | ||
| Q3 25 | 61.7% | 24.5% | ||
| Q2 25 | 62.6% | 24.7% | ||
| Q1 25 | 62.1% | 25.9% | ||
| Q4 24 | 61.3% | 24.6% | ||
| Q3 24 | 60.0% | 27.1% | ||
| Q2 24 | 60.5% | 27.9% | ||
| Q1 24 | 58.2% | 27.1% |
| Q4 25 | 11.9% | 6.5% | ||
| Q3 25 | 10.8% | 12.0% | ||
| Q2 25 | 7.5% | 13.4% | ||
| Q1 25 | 12.5% | 14.4% | ||
| Q4 24 | 11.5% | 13.6% | ||
| Q3 24 | 2.0% | 15.9% | ||
| Q2 24 | 1.5% | 16.8% | ||
| Q1 24 | -0.0% | 16.6% |
| Q4 25 | 8.9% | 5.6% | ||
| Q3 25 | 14.1% | 9.4% | ||
| Q2 25 | 4.6% | 10.4% | ||
| Q1 25 | 8.8% | 11.4% | ||
| Q4 24 | 9.9% | 11.1% | ||
| Q3 24 | 1.4% | 12.7% | ||
| Q2 24 | 1.2% | 13.2% | ||
| Q1 24 | -0.7% | 13.2% |
| Q4 25 | $0.39 | $2.42 | ||
| Q3 25 | $0.55 | $3.92 | ||
| Q2 25 | $0.17 | $4.42 | ||
| Q1 25 | $0.34 | $3.98 | ||
| Q4 24 | $0.46 | $4.71 | ||
| Q3 24 | $0.05 | $5.10 | ||
| Q2 24 | $0.04 | $5.12 | ||
| Q1 24 | $-0.03 | $4.78 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $848.8M | — |
| Total DebtLower is stronger | $1.1B | — |
| Stockholders' EquityBook value | $2.3B | $3.2B |
| Total Assets | $6.8B | $4.8B |
| Debt / EquityLower = less leverage | 0.46× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $848.8M | — | ||
| Q3 25 | $707.5M | — | ||
| Q2 25 | $736.7M | — | ||
| Q1 25 | $574.4M | — | ||
| Q4 24 | $690.0M | — | ||
| Q3 24 | $577.1M | — | ||
| Q2 24 | $641.4M | — | ||
| Q1 24 | $516.7M | — |
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $987.4M | — | ||
| Q4 24 | $994.0M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
| Q4 25 | $2.3B | $3.2B | ||
| Q3 25 | $2.2B | $3.1B | ||
| Q2 25 | $2.1B | $3.1B | ||
| Q1 25 | $2.0B | $3.0B | ||
| Q4 24 | $2.0B | $2.9B | ||
| Q3 24 | $1.9B | $2.8B | ||
| Q2 24 | $2.0B | $2.7B | ||
| Q1 24 | $2.0B | $2.6B |
| Q4 25 | $6.8B | $4.8B | ||
| Q3 25 | $6.7B | $4.8B | ||
| Q2 25 | $6.5B | $4.7B | ||
| Q1 25 | $6.2B | $4.6B | ||
| Q4 24 | $6.4B | $4.5B | ||
| Q3 24 | $6.3B | $4.5B | ||
| Q2 24 | $6.2B | $4.3B | ||
| Q1 24 | $6.0B | $4.2B |
| Q4 25 | 0.46× | — | ||
| Q3 25 | 0.48× | — | ||
| Q2 25 | 0.49× | — | ||
| Q1 25 | 0.49× | — | ||
| Q4 24 | 0.50× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.51× | — | ||
| Q1 24 | 0.51× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $266.8M | $-8.7M |
| Free Cash FlowOCF − Capex | $215.7M | $-13.0M |
| FCF MarginFCF / Revenue | 12.2% | -1.1% |
| Capex IntensityCapex / Revenue | 2.9% | 0.4% |
| Cash ConversionOCF / Net Profit | 1.69× | -0.14× |
| TTM Free Cash FlowTrailing 4 quarters | $308.2M | $127.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $266.8M | $-8.7M | ||
| Q3 25 | $24.8M | $43.4M | ||
| Q2 25 | $185.5M | $37.8M | ||
| Q1 25 | $52.5M | $64.9M | ||
| Q4 24 | $297.3M | $104.4M | ||
| Q3 24 | $52.3M | $-67.9M | ||
| Q2 24 | $262.8M | $27.5M | ||
| Q1 24 | $286.0M | $115.8M |
| Q4 25 | $215.7M | $-13.0M | ||
| Q3 25 | $-39.4M | $42.0M | ||
| Q2 25 | $146.0M | $35.1M | ||
| Q1 25 | $-14.1M | $63.5M | ||
| Q4 24 | $231.6M | $102.3M | ||
| Q3 24 | $2.3M | $-68.5M | ||
| Q2 24 | $222.6M | $22.0M | ||
| Q1 24 | $214.4M | $115.5M |
| Q4 25 | 12.2% | -1.1% | ||
| Q3 25 | -2.6% | 3.7% | ||
| Q2 25 | 10.1% | 3.0% | ||
| Q1 25 | -0.9% | 6.5% | ||
| Q4 24 | 12.6% | 8.5% | ||
| Q3 24 | 0.2% | -6.0% | ||
| Q2 24 | 15.4% | 2.0% | ||
| Q1 24 | 13.8% | 11.0% |
| Q4 25 | 2.9% | 0.4% | ||
| Q3 25 | 4.2% | 0.1% | ||
| Q2 25 | 2.7% | 0.2% | ||
| Q1 25 | 4.4% | 0.1% | ||
| Q4 24 | 3.6% | 0.2% | ||
| Q3 24 | 3.3% | 0.1% | ||
| Q2 24 | 2.8% | 0.5% | ||
| Q1 24 | 4.6% | 0.0% |
| Q4 25 | 1.69× | -0.14× | ||
| Q3 25 | 0.11× | 0.41× | ||
| Q2 25 | 2.77× | 0.31× | ||
| Q1 25 | 0.39× | 0.58× | ||
| Q4 24 | 1.63× | 0.78× | ||
| Q3 24 | 2.53× | -0.47× | ||
| Q2 24 | 14.60× | 0.19× | ||
| Q1 24 | — | 0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LEVI
| Other | $760.3M | 43% |
| Sales Channel Through Intermediary | $583.2M | 33% |
| Sales Channel Directly To Consumer | $376.0M | 21% |
| Beyond Yoga | $46.3M | 3% |
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
