What is Leslie's, Inc.'s current ratio?

Leslie's, Inc. (LESL) reported current ratio of 1.5× in Q1 2026.

How has Leslie's, Inc.'s current ratio changed year-over-year?

Leslie's, Inc.'s current ratio decreased by 7.0% year-over-year, from 1.6× to 1.5×.

What is the long-term trend for Leslie's, Inc.'s current ratio?

Over 5 years (2020 to 2025), Leslie's, Inc.'s current ratio has grown at a 2.4% compound annual growth rate (CAGR), from 1.4× to 1.6×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

Leslie's, Inc. LESL Current ratio

Current ratio at other companies

Lowe's CompaniesLOW

1.1×+0.1×

Walmart WMT

0.8×0.0×

Home DepotHD

1×0.0×

Costco WholesaleCOST

1.1×+0.1×

Pool CorporationPOOL

1.9×+0.1×

AmazonAMZN

1.2×+0.1×

Other financials

Income statement

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Revenue$184.7M+4.3%

Gross profit$53.3M+21.4%

Operating income-$37.7M+22.1%

Net income-$52.5M-2.3%

EPS (diluted)-$5.63-1.6%

Balance sheet

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Cash & equivalents$16.9M-1.9%

Total debt$991.1M-1.3%

Total equity-$541.3M-101%

Total assets$715.5M-31.4%

Cash flow

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Operating cash flow-$55.4M-12.6%

CapEx$5.2M-20.4%

Free cash flow-$60.6M-8.7%

Valuation

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Market cap$95M+3.9%

Enterprise value$1.07B-0.8%

P/S0.1×0.0×

Profitability

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Gross margin35.1%-0.1pp

Operating margin-15.4%-18.1pp

Net margin-22.6%-27.5pp

FCF margin2.6%—

Returns & leverage

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Return on equity68.2%—

Debt / equity-1.8×—

Where this comes from

Calculated from Leslie's, Inc.’s reported figures.

total current assets/total current liabilities=1.5×

Based on the most recent quarter.

The official record: Leslie's, Inc.’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Leslie's, Inc.'s current ratio?: Leslie's, Inc. (LESL) reported current ratio of 1.5× in Q1 2026.
How has Leslie's, Inc.'s current ratio changed year-over-year?: Leslie's, Inc.'s current ratio decreased by 7.0% year-over-year, from 1.6× to 1.5×.
What is the long-term trend for Leslie's, Inc.'s current ratio?: Over 5 years (2020 to 2025), Leslie's, Inc.'s current ratio has grown at a 2.4% compound annual growth rate (CAGR), from 1.4× to 1.6×.
What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.