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Side-by-side financial comparison of LEVI STRAUSS & CO (LEVI) and Vertiv Holdings Co (VRT). Click either name above to swap in a different company.

Vertiv Holdings Co is the larger business by last-quarter revenue ($2.6B vs $1.8B, roughly 1.5× LEVI STRAUSS & CO). Vertiv Holdings Co runs the higher net margin — 14.7% vs 8.9%, a 5.8% gap on every dollar of revenue. On growth, Vertiv Holdings Co posted the faster year-over-year revenue change (30.1% vs -4.0%). Vertiv Holdings Co produced more free cash flow last quarter ($652.8M vs $215.7M). Over the past eight quarters, Vertiv Holdings Co's revenue compounded faster (16.5% 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.

Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments.

LEVI vs VRT — Head-to-Head

Bigger by revenue
VRT
VRT
1.5× larger
VRT
$2.6B
$1.8B
LEVI
Growing faster (revenue YoY)
VRT
VRT
+34.1% gap
VRT
30.1%
-4.0%
LEVI
Higher net margin
VRT
VRT
5.8% more per $
VRT
14.7%
8.9%
LEVI
More free cash flow
VRT
VRT
$437.1M more FCF
VRT
$652.8M
$215.7M
LEVI
Faster 2-yr revenue CAGR
VRT
VRT
Annualised
VRT
16.5%
6.5%
LEVI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LEVI
LEVI
VRT
VRT
Revenue
$1.8B
$2.6B
Net Profit
$158.0M
$390.1M
Gross Margin
60.8%
37.7%
Operating Margin
11.9%
Net Margin
8.9%
14.7%
Revenue YoY
-4.0%
30.1%
Net Profit YoY
-13.4%
137.1%
EPS (diluted)
$0.39
$0.99

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
VRT
VRT
Q1 26
$2.6B
Q4 25
$1.8B
$2.9B
Q3 25
$1.5B
$2.7B
Q2 25
$1.4B
$2.6B
Q1 25
$1.5B
$2.0B
Q4 24
$1.8B
$2.3B
Q3 24
$1.5B
$2.1B
Q2 24
$1.4B
$2.0B
Net Profit
LEVI
LEVI
VRT
VRT
Q1 26
$390.1M
Q4 25
$158.0M
$445.6M
Q3 25
$218.1M
$398.5M
Q2 25
$67.0M
$324.2M
Q1 25
$135.0M
$164.5M
Q4 24
$182.5M
$147.0M
Q3 24
$20.7M
$176.6M
Q2 24
$18.0M
$178.1M
Gross Margin
LEVI
LEVI
VRT
VRT
Q1 26
37.7%
Q4 25
60.8%
38.9%
Q3 25
61.7%
37.8%
Q2 25
62.6%
34.0%
Q1 25
62.1%
33.7%
Q4 24
61.3%
37.1%
Q3 24
60.0%
36.5%
Q2 24
60.5%
38.0%
Operating Margin
LEVI
LEVI
VRT
VRT
Q1 26
Q4 25
11.9%
20.1%
Q3 25
10.8%
19.3%
Q2 25
7.5%
16.8%
Q1 25
12.5%
14.3%
Q4 24
11.5%
19.5%
Q3 24
2.0%
17.9%
Q2 24
1.5%
17.2%
Net Margin
LEVI
LEVI
VRT
VRT
Q1 26
14.7%
Q4 25
8.9%
15.5%
Q3 25
14.1%
14.9%
Q2 25
4.6%
12.3%
Q1 25
8.8%
8.1%
Q4 24
9.9%
6.3%
Q3 24
1.4%
8.5%
Q2 24
1.2%
9.1%
EPS (diluted)
LEVI
LEVI
VRT
VRT
Q1 26
$0.99
Q4 25
$0.39
$1.14
Q3 25
$0.55
$1.02
Q2 25
$0.17
$0.83
Q1 25
$0.34
$0.42
Q4 24
$0.46
$0.38
Q3 24
$0.05
$0.46
Q2 24
$0.04
$0.46

Balance Sheet & Financial Strength

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

Metric
LEVI
LEVI
VRT
VRT
Cash + ST InvestmentsLiquidity on hand
$848.8M
$2.5B
Total DebtLower is stronger
$1.1B
$0
Stockholders' EquityBook value
$2.3B
$4.2B
Total Assets
$6.8B
$13.4B
Debt / EquityLower = less leverage
0.46×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEVI
LEVI
VRT
VRT
Q1 26
$2.5B
Q4 25
$848.8M
$1.7B
Q3 25
$707.5M
$1.4B
Q2 25
$736.7M
$1.6B
Q1 25
$574.4M
$1.5B
Q4 24
$690.0M
$1.2B
Q3 24
$577.1M
$908.7M
Q2 24
$641.4M
$579.7M
Total Debt
LEVI
LEVI
VRT
VRT
Q1 26
$0
Q4 25
$1.1B
$2.9B
Q3 25
$1.0B
$2.9B
Q2 25
$1.0B
$2.9B
Q1 25
$987.4M
$2.9B
Q4 24
$994.0M
$2.9B
Q3 24
$1.0B
$2.9B
Q2 24
$1.0B
$2.9B
Stockholders' Equity
LEVI
LEVI
VRT
VRT
Q1 26
$4.2B
Q4 25
$2.3B
$3.9B
Q3 25
$2.2B
$3.5B
Q2 25
$2.1B
$3.1B
Q1 25
$2.0B
$2.7B
Q4 24
$2.0B
$2.4B
Q3 24
$1.9B
$1.8B
Q2 24
$2.0B
$1.5B
Total Assets
LEVI
LEVI
VRT
VRT
Q1 26
$13.4B
Q4 25
$6.8B
$12.2B
Q3 25
$6.7B
$10.8B
Q2 25
$6.5B
$10.4B
Q1 25
$6.2B
$9.5B
Q4 24
$6.4B
$9.1B
Q3 24
$6.3B
$8.9B
Q2 24
$6.2B
$8.1B
Debt / Equity
LEVI
LEVI
VRT
VRT
Q1 26
0.00×
Q4 25
0.46×
0.74×
Q3 25
0.48×
0.83×
Q2 25
0.49×
0.93×
Q1 25
0.49×
1.10×
Q4 24
0.50×
1.20×
Q3 24
0.54×
1.62×
Q2 24
0.51×
1.91×

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
VRT
VRT
Operating Cash FlowLast quarter
$266.8M
Free Cash FlowOCF − Capex
$215.7M
$652.8M
FCF MarginFCF / Revenue
12.2%
24.6%
Capex IntensityCapex / Revenue
2.9%
4.2%
Cash ConversionOCF / Net Profit
1.69×
TTM Free Cash FlowTrailing 4 quarters
$308.2M
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEVI
LEVI
VRT
VRT
Q1 26
Q4 25
$266.8M
$978.9M
Q3 25
$24.8M
$508.7M
Q2 25
$185.5M
$322.9M
Q1 25
$52.5M
$303.3M
Q4 24
$297.3M
$425.2M
Q3 24
$52.3M
$378.2M
Q2 24
$262.8M
$378.4M
Free Cash Flow
LEVI
LEVI
VRT
VRT
Q1 26
$652.8M
Q4 25
$215.7M
$885.6M
Q3 25
$-39.4M
$463.5M
Q2 25
$146.0M
$277.9M
Q1 25
$-14.1M
$266.8M
Q4 24
$231.6M
$364.5M
Q3 24
$2.3M
$341.8M
Q2 24
$222.6M
$344.3M
FCF Margin
LEVI
LEVI
VRT
VRT
Q1 26
24.6%
Q4 25
12.2%
30.8%
Q3 25
-2.6%
17.3%
Q2 25
10.1%
10.5%
Q1 25
-0.9%
13.1%
Q4 24
12.6%
15.5%
Q3 24
0.2%
16.5%
Q2 24
15.4%
17.6%
Capex Intensity
LEVI
LEVI
VRT
VRT
Q1 26
4.2%
Q4 25
2.9%
3.2%
Q3 25
4.2%
1.7%
Q2 25
2.7%
1.7%
Q1 25
4.4%
1.8%
Q4 24
3.6%
2.6%
Q3 24
3.3%
1.8%
Q2 24
2.8%
1.7%
Cash Conversion
LEVI
LEVI
VRT
VRT
Q1 26
Q4 25
1.69×
2.20×
Q3 25
0.11×
1.28×
Q2 25
2.77×
1.00×
Q1 25
0.39×
1.84×
Q4 24
1.63×
2.89×
Q3 24
2.53×
2.14×
Q2 24
14.60×
2.12×

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%

VRT
VRT

Segment breakdown not available.

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