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Side-by-side financial comparison of LEVI STRAUSS & CO (LEVI) and THOMSON REUTERS CORP (TRI). Click either name above to swap in a different company.

THOMSON REUTERS CORP is the larger business by last-quarter revenue ($1.8B vs $1.8B, roughly 1.0× LEVI STRAUSS & CO). THOMSON REUTERS CORP runs the higher net margin — 17.5% vs 8.9%, a 8.6% gap on every dollar of revenue. On growth, THOMSON REUTERS CORP posted the faster year-over-year revenue change (2.6% vs -4.0%).

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.

The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on June 28, 2013, as a spin-off of the first News Corporation, whose legal successor was 21st Century Fox, which held its media and entertainment assets. Operating across digital real estate information, news media, book publishing, and cable television, New...

LEVI vs TRI — Head-to-Head

Bigger by revenue
TRI
TRI
1.0× larger
TRI
$1.8B
$1.8B
LEVI
Growing faster (revenue YoY)
TRI
TRI
+6.6% gap
TRI
2.6%
-4.0%
LEVI
Higher net margin
TRI
TRI
8.6% more per $
TRI
17.5%
8.9%
LEVI

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
LEVI
LEVI
TRI
TRI
Revenue
$1.8B
$1.8B
Net Profit
$158.0M
$313.0M
Gross Margin
60.8%
Operating Margin
11.9%
24.4%
Net Margin
8.9%
17.5%
Revenue YoY
-4.0%
2.6%
Net Profit YoY
-13.4%
-62.8%
EPS (diluted)
$0.39
$0.69

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
TRI
TRI
Q4 25
$1.8B
Q3 25
$1.5B
Q2 25
$1.4B
$1.8B
Q1 25
$1.5B
Q4 24
$1.8B
Q3 24
$1.5B
Q2 24
$1.4B
$1.7B
Q1 24
$1.6B
Net Profit
LEVI
LEVI
TRI
TRI
Q4 25
$158.0M
Q3 25
$218.1M
Q2 25
$67.0M
$313.0M
Q1 25
$135.0M
Q4 24
$182.5M
Q3 24
$20.7M
Q2 24
$18.0M
$841.0M
Q1 24
$-10.6M
Gross Margin
LEVI
LEVI
TRI
TRI
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%
Q1 24
58.2%
Operating Margin
LEVI
LEVI
TRI
TRI
Q4 25
11.9%
Q3 25
10.8%
Q2 25
7.5%
24.4%
Q1 25
12.5%
Q4 24
11.5%
Q3 24
2.0%
Q2 24
1.5%
23.9%
Q1 24
-0.0%
Net Margin
LEVI
LEVI
TRI
TRI
Q4 25
8.9%
Q3 25
14.1%
Q2 25
4.6%
17.5%
Q1 25
8.8%
Q4 24
9.9%
Q3 24
1.4%
Q2 24
1.2%
48.3%
Q1 24
-0.7%
EPS (diluted)
LEVI
LEVI
TRI
TRI
Q4 25
$0.39
Q3 25
$0.55
Q2 25
$0.17
$0.69
Q1 25
$0.34
Q4 24
$0.46
Q3 24
$0.05
Q2 24
$0.04
$1.86
Q1 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
LEVI
LEVI
TRI
TRI
Cash + ST InvestmentsLiquidity on hand
$848.8M
$664.0M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$2.3B
$12.6B
Total Assets
$6.8B
$18.0B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEVI
LEVI
TRI
TRI
Q4 25
$848.8M
Q3 25
$707.5M
Q2 25
$736.7M
$664.0M
Q1 25
$574.4M
Q4 24
$690.0M
Q3 24
$577.1M
Q2 24
$641.4M
$1.7B
Q1 24
$516.7M
Total Debt
LEVI
LEVI
TRI
TRI
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
Stockholders' Equity
LEVI
LEVI
TRI
TRI
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$2.1B
$12.6B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$1.9B
Q2 24
$2.0B
$11.6B
Q1 24
$2.0B
Total Assets
LEVI
LEVI
TRI
TRI
Q4 25
$6.8B
Q3 25
$6.7B
Q2 25
$6.5B
$18.0B
Q1 25
$6.2B
Q4 24
$6.4B
Q3 24
$6.3B
Q2 24
$6.2B
$18.4B
Q1 24
$6.0B
Debt / Equity
LEVI
LEVI
TRI
TRI
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
LEVI
LEVI
TRI
TRI
Operating Cash FlowLast quarter
$266.8M
$746.0M
Free Cash FlowOCF − Capex
$215.7M
FCF MarginFCF / Revenue
12.2%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
1.69×
2.38×
TTM Free Cash FlowTrailing 4 quarters
$308.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEVI
LEVI
TRI
TRI
Q4 25
$266.8M
Q3 25
$24.8M
Q2 25
$185.5M
$746.0M
Q1 25
$52.5M
Q4 24
$297.3M
Q3 24
$52.3M
Q2 24
$262.8M
$705.0M
Q1 24
$286.0M
Free Cash Flow
LEVI
LEVI
TRI
TRI
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
Q1 24
$214.4M
FCF Margin
LEVI
LEVI
TRI
TRI
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%
Q1 24
13.8%
Capex Intensity
LEVI
LEVI
TRI
TRI
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%
Q1 24
4.6%
Cash Conversion
LEVI
LEVI
TRI
TRI
Q4 25
1.69×
Q3 25
0.11×
Q2 25
2.77×
2.38×
Q1 25
0.39×
Q4 24
1.63×
Q3 24
2.53×
Q2 24
14.60×
0.84×
Q1 24

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%

TRI
TRI

Segment breakdown not available.

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