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Carters vs Levi Strauss: revenue, profit, margins and growth compared

Carters brought in $2.9B of revenue in fiscal 2025, Levi Strauss $6.3B in fiscal 2025. Revenue changed by +1.9% at Carters and +4.1% at Levi Strauss on the year before, so Levi Strauss grew faster. Carters kept 3.2% of its revenue as net profit, Levi Strauss 9.2%. Free cash flow was $68.6M at Carters and $308.2M at Levi Strauss.

Side by side, latest fiscal year

CRILEVI
Fiscal year endedFY2025 (January 3, 2026)FY2025 (November 30, 2025)
Revenue$2.9B$6.3B
Revenue growth+1.9%+4.1%
Net income$91.8M$578.1M
Net margin3.2%9.2%
Free cash flow$68.6M$308.2M
Free cash flow margin2.4%4.9%
Earnings per share (diluted)$2.53$1.45
Cash$487.1M$757.9M
Debt$567.2M$1B
Price to earnings12.413.6
Market value$1.1B$7.6B
Dividend yield4.95%2.74%
Rank by revenue in sector#293 of 778 · Consumer discretionary#172 of 778 · Consumer discretionary

Over the years

Revenue
CRI FY2018: $3.5BCRI FY2019: $3.5BCRI FY2020: $3BCRI FY2021: $3.5BCRI FY2022: $3.2BCRI FY2023: $2.9BCRI FY2024: $2.8BCRI FY2025: $2.9BLEVI FY2018: $5.6BLEVI FY2019: $5.8BLEVI FY2020: $4.5BLEVI FY2021: $5.8BLEVI FY2022: $6.2BLEVI FY2023: $5.8BLEVI FY2024: $6BLEVI FY2025: $6.3BFY18FY19FY20FY21FY22FY23FY24FY25
CRI $2.9BLEVI $6.3B
Net income
CRI FY2018: $282.1MCRI FY2019: $263.8MCRI FY2020: $109.7MCRI FY2021: $339.7MCRI FY2022: $250MCRI FY2023: $232.5MCRI FY2024: $185.5MCRI FY2025: $91.8MLEVI FY2018: $283.1MLEVI FY2019: $394.6MLEVI FY2020: -$127.1MLEVI FY2021: $553.5MLEVI FY2022: $569.1MLEVI FY2023: $249.6MLEVI FY2024: $210.6MLEVI FY2025: $578.1MFY18FY19FY20FY21FY22FY23FY24FY25
CRI $91.8MLEVI $578.1M
Net margin
CRI FY2018: 8.1%CRI FY2019: 7.5%CRI FY2020: 3.6%CRI FY2021: 9.7%CRI FY2022: 7.8%CRI FY2023: 7.9%CRI FY2024: 6.5%CRI FY2025: 3.2%LEVI FY2018: 5.1%LEVI FY2019: 6.8%LEVI FY2020: -2.9%LEVI FY2021: 9.6%LEVI FY2022: 9.2%LEVI FY2023: 4.3%LEVI FY2024: 3.5%LEVI FY2025: 9.2%FY18FY19FY20FY21FY22FY23FY24FY25
CRI 3.2%LEVI 9.2%
Revenue growth
CRI FY2019: +1.6%CRI FY2020: -14.1%CRI FY2021: +15.3%CRI FY2022: -7.9%CRI FY2023: -8.3%CRI FY2024: -3.4%CRI FY2025: +1.9%LEVI FY2019: +3.4%LEVI FY2020: -22.7%LEVI FY2021: +29.5%LEVI FY2022: +7.0%LEVI FY2023: -5.3%LEVI FY2024: +3.3%LEVI FY2025: +4.1%FY19FY20FY21FY22FY23FY24FY25
CRI +1.9%LEVI +4.1%
Free cash flow
CRI FY2018: $292.4MCRI FY2019: $325.8MCRI FY2020: $555.6MCRI FY2021: $230.8MCRI FY2022: $48MCRI FY2023: $469.3MCRI FY2024: $242.6MCRI FY2025: $68.6MLEVI FY2018: $261MLEVI FY2019: $236.8MLEVI FY2020: $339.2MLEVI FY2021: $570.4MLEVI FY2022: -$39MLEVI FY2023: $121.9MLEVI FY2024: $670.9MLEVI FY2025: $308.2MFY18FY19FY20FY21FY22FY23FY24FY25
CRI $68.6MLEVI $308.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Carters and Levi Strauss

Which is bigger by revenue, Carters or Levi Strauss?

Levi Strauss is bigger by revenue: $6.3B in fiscal 2025, against $2.9B for Carters in fiscal 2025.

Which keeps more of its revenue as profit, Carters or Levi Strauss?

Carters had a net margin of 3.2% in fiscal 2025; Levi Strauss had 9.2% in fiscal 2025.

Which grew revenue faster, Carters or Levi Strauss?

In their latest fiscal years revenue changed by +1.9% at Carters and +4.1% at Levi Strauss.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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