CTAS vs LEVI
Cintas Corp. and Levi Strauss & Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CTAS | LEVI |
|---|---|---|
| Revenue | $11.3B | $6.3B |
| Net income | $2.0B | $578.1M |
| Gross margin | 50.7% | 61.7% |
| Net margin | 17.8% | 9.2% |
| Return on equity | 40.7% | 27.2% |
| Diluted EPS | $4.91 | $1.45 |
| Dividend / share | $1.80 | $0.54 |
| Payout ratio | 35.1% | 36.8% |
| Free cash flow | $1.9B | $308.2M |
| Equity | $5.1B | $2.3B |
| Net debt / equity | 0.42× | 0.12× |
| Current ratio | 1.43× | 1.55× |
| Revenue CAGR 5y | 9.6% | 7.1% |
| Profit CAGR 5y | 12.5% | · |
CTAS bills 1.8× the revenue of LEVI, and keeps more of each dollar of revenue as profit (17.8% against 9.2%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CTAS | LEVI |
|---|---|---|
| FY2025 | $11.3B | $6.3B |
| FY2024 | $10.3B | $6.0B |
| FY2023 | $9.6B | $5.8B |
| FY2022 | $8.8B | $6.2B |
| FY2021 | $7.9B | $5.8B |
| FY2020 | $7.1B | $4.5B |
| FY2019 | $7.1B | $5.8B |
| FY2018 | $6.9B | $5.6B |
| FY2017 | $6.5B | $4.9B |
| FY2016 | $5.3B | $4.6B |
Bottom line
| Fiscal year | CTAS | LEVI |
|---|---|---|
| FY2025 | $2.0B | $578.1M |
| FY2024 | $1.8B | $210.6M |
| FY2023 | $1.6B | $249.6M |
| FY2022 | $1.3B | $569.1M |
| FY2021 | $1.2B | $553.5M |
| FY2020 | $1.1B | $-127.1M |
| FY2019 | $876.0M | $394.6M |
| FY2018 | $885.0M | $283.1M |
| FY2017 | $842.6M | $281.4M |
| FY2016 | $480.7M | $291.1M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$4,982,761,000 | CTAS |
| FY2024 | +$4,308,181,000 | CTAS |
| FY2023 | +$3,754,515,000 | CTAS |
| FY2022 | +$2,647,169,000 | CTAS |
| FY2021 | +$2,090,559,000 | CTAS |
| FY2020 | +$2,663,740,000 | CTAS |
| FY2019 | +$1,322,033,000 | CTAS |
| FY2018 | +$1,316,863,000 | CTAS |
| FY2017 | +$1,572,602,000 | CTAS |
| FY2016 | +$770,642,000 | CTAS |
| FY2015 | +$301,279,000 | CTAS |
| FY2014 | −$384,315,000 | LEVI |
| FY2013 | −$487,847,000 | LEVI |
| FY2012 | −$364,229,000 | LEVI |
| FY2011 | −$659,566,000 | LEVI |
| FY2010 | −$600,265,000 | LEVI |
| FY2009 | −$558,427,000 | LEVI |
The higher-revenue side has changed between CTAS and LEVI over this period. The gap has widened since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +8.6 pp | CTAS |
| FY2024 | +14.0 pp | CTAS |
| FY2023 | +12.1 pp | CTAS |
| FY2022 | +6.1 pp | CTAS |
| FY2021 | +6.1 pp | CTAS |
| FY2020 | +18.5 pp | CTAS |
| FY2019 | +5.5 pp | CTAS |
| FY2018 | +7.7 pp | CTAS |
| FY2017 | +7.2 pp | CTAS |
| FY2016 | +2.6 pp | CTAS |
| FY2015 | +9.8 pp | CTAS |
| FY2014 | +7.7 pp | CTAS |
| FY2013 | +4.1 pp | CTAS |
| FY2012 | +4.4 pp | CTAS |
| FY2011 | +4.4 pp | CTAS |
| FY2010 | +3.1 pp | CTAS |
| FY2009 | +2.4 pp | CTAS |
CTAS has kept the higher net margin in every one of these 17 fiscal years.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CTAS's net margin has been more volatile than LEVI's over the 17 comparable fiscal years — 3.9 percentage points of standard deviation against 2.9.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
CTAS led in net margin in every one of the 17 comparable fiscal years — a structural lead, not a recent swing.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LEVI's return on equity has been more volatile than CTAS's over the 12 comparable fiscal years — 25.7 percentage points of standard deviation against 6.2.
12 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between CTAS and LEVI over these 12 fiscal years — CTAS led in 5 and LEVI in 7.
12 of 18 comparable fiscal years — a year missing data on either side is not counted.