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Leslie's, Inc. LESL Operating margin

Operating margin at other companies

Lowe's Companies logo
Lowe's CompaniesLOW
11.5%-0.8pp
Walmart
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Walmart WMT
4.2%-0.2pp
Home Depot logo
Home DepotHD
12.4%-0.8pp
Costco Wholesale logo
Costco WholesaleCOST
3.8%+0.1pp
Pool Corporation logo
Pool CorporationPOOL
10.9%-0.2pp
Amazon logo
AmazonAMZN
11.5%+0.5pp

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
Net margin-22.6%-27.5pp
FCF margin2.6%

Returns & leverage

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Return on equity68.2%
Debt / equity-1.8×
Current ratio1.5×-0.1×

Where this comes from

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

Based on trailing twelve months.

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 operating margin?
Leslie's, Inc. (LESL) reported operating margin of -15.4% in Q1 2026.
How has Leslie's, Inc.'s operating margin changed year-over-year?
Leslie's, Inc.'s operating margin decreased by 664.4% year-over-year, from 2.7% to -15.4%.
What is the long-term trend for Leslie's, Inc.'s operating margin?
Over 5 years (2020 to 2025), Leslie's, Inc.'s operating margin has grown at a 0.8% compound annual growth rate (CAGR), from 13.2% to -13.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.