LEVI vs. LULU

Last updated Apr 2, 2026

Compare and contrast key facts about Levi Strauss & Co. (LEVI) and Lululemon Athletica Inc. (LULU).

Performance

LEVI vs. LULU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Levi Strauss & Co. (LEVI) and Lululemon Athletica Inc. (LULU). The values are adjusted to include any dividend payments, if applicable.

LEVI vs. LULU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
LEVI Levi Strauss & Co.	-7.78%	23.42%	7.50%	9.99%	-36.47%	25.91%	5.18%	-13.25%
LULU Lululemon Athletica Inc.	-23.58%	-45.66%	-25.21%	59.59%	-18.16%	12.48%	50.23%	55.58%

Fundamentals

EPS LEVI : $1.45 LULU : $14.54
PE Ratio LEVI : 13.10 LULU : 10.92
PS Ratio LEVI : 1.21 LULU : 1.72
Total Revenue (TTM) LEVI : $6.28B LULU : $11.07B
Gross Profit (TTM) LEVI : $3.88B LULU : $6.47B
EBITDA (TTM) LEVI : $835.20M LULU : $2.95B

Returns By Period

In the year-to-date period, LEVI achieves a -7.78% return, which is significantly higher than LULU's -23.58% return.

LEVI

• 1D: 2.76%
• 1M: -11.79%
• YTD: -7.78%
• 6M: -21.09%
• 1Y: 19.32%
• 3Y*: 4.41%
• 5Y*: -1.86%
• 10Y*: —

LULU

• 1D: 3.73%
• 1M: -9.85%
• YTD: -23.58%
• 6M: -10.56%
• 1Y: -43.21%
• 3Y*: -24.17%
• 5Y*: -12.01%
• 10Y*: 8.74%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

LEVI vs. LULU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LEVI

LEVI Risk / Return Rank: 57
LEVI Sharpe Ratio Rank: 56
LEVI Sortino Ratio Rank: 53
LEVI Omega Ratio Rank: 54
LEVI Calmar Ratio Rank: 62
LEVI Martin Ratio Rank: 62

LULU

LULU Risk / Return Rank: 11
LULU Sharpe Ratio Rank: 6
LULU Sortino Ratio Rank: 9
LULU Omega Ratio Rank: 9
LULU Calmar Ratio Rank: 13
LULU Martin Ratio Rank: 20

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LEVI vs. LULU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Levi Strauss & Co. (LEVI) and Lululemon Athletica Inc. (LULU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	LEVI	LULU	Difference
Sharpe ratio Return per unit of total volatility	0.45	-0.88	+1.33
Sortino ratio Return per unit of downside risk	0.95	-1.11	+2.07
Omega ratio Gain probability vs. loss probability	1.13	0.85	+0.28
Calmar ratio Return relative to maximum drawdown	0.96	-0.78	+1.74
Martin ratio Return relative to average drawdown	2.18	-1.11	+3.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LEVI vs. LULU - Sharpe Ratio Comparison

The current LEVI Sharpe Ratio is 0.45, which is higher than the LULU Sharpe Ratio of -0.88. The chart below compares the historical Sharpe Ratios of LEVI and LULU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LEVI	LULU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.45	-0.88	+1.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.05	-0.29	+0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	0.28	-0.29

Correlation

The correlation between LEVI and LULU is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

LEVI vs. LULU - Dividend Comparison

LEVI's dividend yield for the trailing twelve months is around 2.89%, while LULU has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
LEVI Levi Strauss & Co.	2.89%	2.60%	2.89%	2.90%	2.84%	1.04%	0.80%	0.78%
LULU Lululemon Athletica Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

LEVI vs. LULU - Drawdown Comparison

The maximum LEVI drawdown since its inception was -59.85%, smaller than the maximum LULU drawdown of -92.26%. Use the drawdown chart below to compare losses from any high point for LEVI and LULU.

Drawdown Indicators

	LEVI	LULU	Difference
Max Drawdown Largest peak-to-trough decline	-59.85%	-92.26%	+32.41%
Max Drawdown (1Y) Largest decline over 1 year	-26.40%	-56.49%	+30.09%
Max Drawdown (5Y) Largest decline over 5 years	-55.54%	-71.48%	+15.94%
Max Drawdown (10Y) Largest decline over 10 years	—	-71.48%	—
Current Drawdown Current decline from peak	-29.23%	-68.94%	+39.71%
Average Drawdown Average peak-to-trough decline	-30.48%	-27.13%	-3.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.62%	39.56%	-27.94%

Volatility

LEVI vs. LULU - Volatility Comparison

The current volatility for Levi Strauss & Co. (LEVI) is 9.43%, while Lululemon Athletica Inc. (LULU) has a volatility of 11.05%. This indicates that LEVI experiences smaller price fluctuations and is considered to be less risky than LULU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LEVI	LULU	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.43%	11.05%	-1.62%
Volatility (6M) Calculated over the trailing 6-month period	26.62%	28.49%	-1.87%
Volatility (1Y) Calculated over the trailing 1-year period	43.67%	49.09%	-5.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.51%	41.49%	-1.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.61%	40.19%	+3.42%

Financials

LEVI vs. LULU - Profitability Comparison

The chart below illustrates the profitability comparison between Levi Strauss & Co. and Lululemon Athletica Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LEVI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Levi Strauss & Co. reported a gross profit of 1.07B and revenue of 1.77B. Therefore, the gross margin over that period was 60.8%.

LULU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Lululemon Athletica Inc. reported a gross profit of 1.43B and revenue of 2.57B. Therefore, the gross margin over that period was 55.6%.

LEVI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Levi Strauss & Co. reported an operating income of 210.60M and revenue of 1.77B, resulting in an operating margin of 11.9%.

LULU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Lululemon Athletica Inc. reported an operating income of 444.69M and revenue of 2.57B, resulting in an operating margin of 17.3%.

LEVI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Levi Strauss & Co. reported a net income of 158.00M and revenue of 1.77B, resulting in a net margin of 9.0%.

LULU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Lululemon Athletica Inc. reported a net income of 306.84M and revenue of 2.57B, resulting in a net margin of 12.0%.