LESLQOTCRetail-Retail Stores, NECFiscal year ends October 4Also trades as LESL
Leslie's, Inc.
Financials through Q3 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Aug 12, 2026
$0.03−0.01 (-31.48%)
Close on Oct 19, 2026
- Market cap
- $305.34K
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
35.4%−6.0 pts over 5 years
Operating margin
-13.7%−26.8 pts over 5 years
Net margin
-19.1%−24.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -6.6% | -7.4% | +2.2% | – | |
| Gross profit | -7.8% | -13.3% | -0.9% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -6.8% | 81.0% | |
| Return on assets | – | – | -26.5% | |
| Current ratio | – | 1.39 | 1.57 | |
| Debt to equity | – | -1.44 | -1.84 | |
| Net debt to EBITDA | – | 5.88× | -4.89× | |
| Interest coverage | – | 1.7× | -2.7× | |
| Inventory turnover | – | – | 3.6× | |
| Capex to revenue | – | 1.9% | 2.1% | |
| Diluted shares | – | 8M | 9M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Leslie's generated $358.67M from operations and spent $324.12M on capital expenditure, dividends and share buybacks. 53% of that went back into the business.
Generated
$358.67M
Used
$324.12M
Capital expenditure$171.97M53%Dividends$00%Share buybacks$152.15M47%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-19.1%
×Asset turnover1.39×
×Equity multiplier-3.06×
=Return on equity, FY202581.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -19.1% | 1.39× | -3.06× | 81.0% |
| FY2024 | -1.8% | 1.28× | -6.16× | 13.8% |
| FY2023 | 1.9% | 1.35× | -5.97× | -15.2% |
| FY2022 | 10.2% | 1.45× | -5.18× | -76.5% |
| FY2021 | 9.4% | 1.50× | -1.71× | -24.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$236.97M
- Cash generatingOperating cash flow above zero$8.82M
- Return on assets improvedROA up on the prior year-2.3% → -22.6%
- Earnings backed by cashOperating cash flow above net income$8.82M vs -$236.97M
- Less leverageLong-term debt to assets fell73.2% → 101.4%
- Better liquidityCurrent ratio rose1.71 → 1.57
- No dilutionShare count did not rise9M → 9M
- Gross margin improvedGross margin up on the prior year35.85% → 35.40%
- More efficientAsset turnover rose1.29 → 1.18