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Side-by-side financial comparison of LEVI STRAUSS & CO (LEVI) and NEW JERSEY RESOURCES CORP (NJR). Click either name above to swap in a different company.

LEVI STRAUSS & CO is the larger business by last-quarter revenue ($1.8B vs $939.4M, roughly 1.9× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 23.3% vs 8.9%, a 14.4% gap on every dollar of revenue. On growth, LEVI STRAUSS & CO posted the faster year-over-year revenue change (-4.0% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 6.5%).

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.

New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.

LEVI vs NJR — Head-to-Head

Bigger by revenue
LEVI
LEVI
1.9× larger
LEVI
$1.8B
$939.4M
NJR
Growing faster (revenue YoY)
LEVI
LEVI
+28.9% gap
LEVI
-4.0%
-33.0%
NJR
Higher net margin
NJR
NJR
14.4% more per $
NJR
23.3%
8.9%
LEVI
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
111.6%
6.5%
LEVI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
LEVI
LEVI
NJR
NJR
Revenue
$1.8B
$939.4M
Net Profit
$158.0M
$218.9M
Gross Margin
60.8%
Operating Margin
11.9%
32.0%
Net Margin
8.9%
23.3%
Revenue YoY
-4.0%
-33.0%
Net Profit YoY
-13.4%
7.2%
EPS (diluted)
$0.39
$2.16

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.

Revenue
LEVI
LEVI
NJR
NJR
Q1 26
$939.4M
Q4 25
$1.8B
$440.9M
Q3 25
$1.5B
$188.3M
Q2 25
$1.4B
$234.8M
Q1 25
$1.5B
$569.2M
Q4 24
$1.8B
$359.0M
Q3 24
$1.5B
$265.7M
Q2 24
$1.4B
$209.9M
Net Profit
LEVI
LEVI
NJR
NJR
Q1 26
$218.9M
Q4 25
$158.0M
$122.5M
Q3 25
$218.1M
$15.1M
Q2 25
$67.0M
$-15.1M
Q1 25
$135.0M
$204.3M
Q4 24
$182.5M
$131.3M
Q3 24
$20.7M
$91.1M
Q2 24
$18.0M
$-11.6M
Gross Margin
LEVI
LEVI
NJR
NJR
Q1 26
Q4 25
60.8%
Q3 25
61.7%
Q2 25
62.6%
Q1 25
62.1%
Q4 24
61.3%
Q3 24
60.0%
Q2 24
60.5%
Operating Margin
LEVI
LEVI
NJR
NJR
Q1 26
32.0%
Q4 25
11.9%
40.6%
Q3 25
10.8%
21.5%
Q2 25
7.5%
-0.5%
Q1 25
12.5%
49.2%
Q4 24
11.5%
52.8%
Q3 24
2.0%
55.0%
Q2 24
1.5%
2.8%
Net Margin
LEVI
LEVI
NJR
NJR
Q1 26
23.3%
Q4 25
8.9%
27.8%
Q3 25
14.1%
8.0%
Q2 25
4.6%
-6.4%
Q1 25
8.8%
35.9%
Q4 24
9.9%
36.6%
Q3 24
1.4%
34.3%
Q2 24
1.2%
-5.5%
EPS (diluted)
LEVI
LEVI
NJR
NJR
Q1 26
$2.16
Q4 25
$0.39
$1.21
Q3 25
$0.55
$0.15
Q2 25
$0.17
$-0.15
Q1 25
$0.34
$2.02
Q4 24
$0.46
$1.31
Q3 24
$0.05
$0.91
Q2 24
$0.04
$-0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LEVI
LEVI
NJR
NJR
Cash + ST InvestmentsLiquidity on hand
$848.8M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$2.3B
Total Assets
$6.8B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEVI
LEVI
NJR
NJR
Q1 26
Q4 25
$848.8M
$2.4M
Q3 25
$707.5M
$591.0K
Q2 25
$736.7M
$931.0K
Q1 25
$574.4M
$83.7M
Q4 24
$690.0M
$1.9M
Q3 24
$577.1M
$1.0M
Q2 24
$641.4M
$22.4M
Total Debt
LEVI
LEVI
NJR
NJR
Q1 26
Q4 25
$1.1B
$3.3B
Q3 25
$1.0B
$3.3B
Q2 25
$1.0B
$3.0B
Q1 25
$987.4M
$3.0B
Q4 24
$994.0M
$3.0B
Q3 24
$1.0B
$2.9B
Q2 24
$1.0B
$2.8B
Stockholders' Equity
LEVI
LEVI
NJR
NJR
Q1 26
Q4 25
$2.3B
$2.5B
Q3 25
$2.2B
$2.4B
Q2 25
$2.1B
$2.4B
Q1 25
$2.0B
$2.5B
Q4 24
$2.0B
$2.3B
Q3 24
$1.9B
$2.2B
Q2 24
$2.0B
$2.1B
Total Assets
LEVI
LEVI
NJR
NJR
Q1 26
Q4 25
$6.8B
$7.9B
Q3 25
$6.7B
$7.6B
Q2 25
$6.5B
$7.3B
Q1 25
$6.2B
$7.3B
Q4 24
$6.4B
$7.2B
Q3 24
$6.3B
$7.0B
Q2 24
$6.2B
$6.8B
Debt / Equity
LEVI
LEVI
NJR
NJR
Q1 26
Q4 25
0.46×
1.32×
Q3 25
0.48×
1.36×
Q2 25
0.49×
1.25×
Q1 25
0.49×
1.20×
Q4 24
0.50×
1.29×
Q3 24
0.54×
1.31×
Q2 24
0.51×
1.30×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LEVI
LEVI
NJR
NJR
Operating Cash FlowLast quarter
$266.8M
Free Cash FlowOCF − Capex
$215.7M
FCF MarginFCF / Revenue
12.2%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
1.69×
TTM Free Cash FlowTrailing 4 quarters
$308.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEVI
LEVI
NJR
NJR
Q1 26
Q4 25
$266.8M
$26.7M
Q3 25
$24.8M
$81.2M
Q2 25
$185.5M
$-28.9M
Q1 25
$52.5M
$423.0M
Q4 24
$297.3M
$-9.0M
Q3 24
$52.3M
$64.5M
Q2 24
$262.8M
$24.3M
Free Cash Flow
LEVI
LEVI
NJR
NJR
Q1 26
Q4 25
$215.7M
Q3 25
$-39.4M
Q2 25
$146.0M
Q1 25
$-14.1M
Q4 24
$231.6M
Q3 24
$2.3M
Q2 24
$222.6M
FCF Margin
LEVI
LEVI
NJR
NJR
Q1 26
Q4 25
12.2%
Q3 25
-2.6%
Q2 25
10.1%
Q1 25
-0.9%
Q4 24
12.6%
Q3 24
0.2%
Q2 24
15.4%
Capex Intensity
LEVI
LEVI
NJR
NJR
Q1 26
Q4 25
2.9%
Q3 25
4.2%
Q2 25
2.7%
Q1 25
4.4%
Q4 24
3.6%
Q3 24
3.3%
Q2 24
2.8%
Cash Conversion
LEVI
LEVI
NJR
NJR
Q1 26
Q4 25
1.69×
0.22×
Q3 25
0.11×
5.39×
Q2 25
2.77×
Q1 25
0.39×
2.07×
Q4 24
1.63×
-0.07×
Q3 24
2.53×
0.71×
Q2 24
14.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LEVI
LEVI

Other$760.3M43%
Sales Channel Through Intermediary$583.2M33%
Sales Channel Directly To Consumer$376.0M21%
Beyond Yoga$46.3M3%

NJR
NJR

Utility$640.9M68%
Nonutility$298.5M32%

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