Levi Strauss & Co. Cash Flow Statement

Financials in millions USD. Fiscal year is December - November.

Millions USD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Dec '24 Dec 1, 2024	Nov '23 Nov 26, 2023	Nov '22 Nov 27, 2022	Nov '21 Nov 28, 2021
Net Income	578.1	210.6	249.6	569.1	553.5
Depreciation & Amortization	206.3	193.2	165.3	158.9	143.2
Stock-Based Compensation	81.6	62.8	74.4	60.8	60.1
Other Adjustments	-178.7	81.3	54.7	-10.4	4.3
Change in Receivables	-48.9	14.8	-49.9	-	-
Changes in Inventories	-51.6	14.9	142.9	-	-
Changes in Accounts Payable	-69.3	105.1	-95.7	-	-
Changes in Accrued Expenses	59.8	82.2	-125.4	-	-
Changes in Other Operating Activities	-363.1	834.5	-197.4	-550.3	-23.8
Operating Cash Flow	529.6	898.4	435.5	228.1	737.3
Operating Cash Flow Growth	-41.05%	106.29%	90.92%	-69.06%	57.01%
Capital Expenditures	-221.4	-227.5	-313.6	-267.1	-166.9
Sale of Property, Plant & Equipment	23.1	-	-	-	-
Purchases of Investments	-135.2	-	-	-72.8	-123
Proceeds from Sale of Investments	45.8	-	70.8	93	126.9
Payments for Business Acquisitions	-	-34.4	-12.1	-	-390.9
Proceeds from Business Divestments	194.7	-	-	-	-
Other Investing Activities	24.3	-19.2	14.2	11.2	-17.9
Investing Cash Flow	-68.7	-281.1	-240.7	-235.7	-571.8
Short-Term Debt Issued	-	-	200	404	-
Short-Term Debt Repaid	-	-	-200	-404	-
Long-Term Debt Issued	542.5	-	-	-	489.3
Long-Term Debt Repaid	-550.4	-	-	-	-1,023
Net Long-Term Debt Issued (Repaid)	-7.9	-	-	-	-534
Repurchase of Common Stock	-172.2	-114.8	-30.6	-204.7	-195.2
Net Common Stock Issued (Repurchased)	-172.2	-114.8	-30.6	-204.7	-195.2
Common Dividends Paid	-212.9	-198.5	-190.5	-174.3	-104.4
Other Financing Activities	-7.2	-6	7	13.6	-7.3
Financing Cash Flow	-400.2	-319.3	-214.1	-365.4	-840.9
Effect of Exchange Rate Changes on Cash and Cash Equivalents	7.2	-6.8	-11.5	-7.7	-11.6
Net Cash Flow	67.9	291.2	-30.8	-380.7	-687
Free Cash Flow	308.2	670.9	121.9	-39	570.4
Free Cash Flow Growth	-54.06%	450.37%	-	-	68.16%
FCF Margin	4.91%	11.12%	2.09%	-0.63%	9.90%
Free Cash Flow Per Share	0.77	1.67	0.30	-0.10	1.39
Levered Free Cash Flow	709	1,424	75.3	-89.4	-28
Unlevered Free Cash Flow	97.22	1,256	-90.39	-92.12	607.12

Updated Nov 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.