stockrow
Friday 6 November 2026
Export LESLQ’s income statement to Excel — free account
Leslie's, Inc.
LESLQ Consumer Cyclical Specialty Retail
Leslie's, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $1.2 billion, down 6.63% from fiscal 2024.
- Revenue
- −8.36%
- EPS
- +112.5%
- Free cash flow
- −8.44%
- Total debt
- +1.53%
Quarter to June 2026, against a year earlier
0.07
0.02
+40.00%
Follow LESLQ
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to September
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | 893 | 928 | 1,112 | 1,343 | 1,562 | 1,451 | 1,330 | 1,242 | 1,180 | +4.8% | 1,116 | 1,137 | 1,116 | (3.5%) | |
| Gross margin, % | — | — | 40.01 | 40.91 | 41.42 | 44.32 | 43.13 | 37.78 | 35.85 | 35.40 | 33.71 | (4.6) pt | ||||||
| EBT | — | — | 22 | 16 | 61 | 163 | 208 | 37 | (13) | (233) | (253) | n/m | ||||||
| EBT margin, % | — | — | 2.47 | 1.68 | 5.50 | 12.15 | 13.32 | 2.53 | (1.00) | (18.74) | (21.42) | (21.2) pt | ||||||
| Net income | — | 0 | 17 | 1 | 59 | 127 | 159 | 27 | (23) | (237) | (250) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | 114.07 | 118.62 | 142.14 | 144.86 | 169.48 | 157.89 | 144.05 | 134.00 | 125.98 | +2.3% | |||||
| Earnings | — | — | 2.19 | 0.09 | 7.40 | 13.60 | 17.20 | 3.00 | (2.60) | (25.51) | (26.99) | n/m | ||||||
| Cash flow | — | — | 5.53 | 7.39 | 13.05 | 18.26 | 7.23 | 0.70 | 11.64 | 0.95 | 1.13 | (22.2%) | ||||||
| Capex | — | — | (3.64) | (3.50) | (2.64) | (2.86) | (3.40) | (4.02) | (5.11) | (2.74) | (1.80) | (4.0%) | ||||||
| Free cash flow | — | — | 1.89 | 3.89 | 10.42 | 15.40 | 3.83 | (3.32) | 6.53 | (1.78) | (0.66) | n/m | ||||||
| Book value | — | — | 0.00 | (113.40) | (105.69) | (23.47) | (21.48) | (17.56) | (19.18) | (44.02) | (52.63) | n/m | ||||||
| Shares, m | — | — | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | +2.4% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | 58.38 | 58.38 | 58.38 | 31.12 | 16.91 | 36.00 | 0.00 | 0.00 | 0.00 | 32.4 | |||||
| P/S | — | — | 3.06 | 3.06 | 3.06 | 2.84 | 1.74 | 0.68 | 0.44 | 0.04 | 0.00 | 1.9 | ||||||
| P/B | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/Sales | — | — | 3.99 | 3.99 | 3.99 | 3.17 | 2.17 | 1.18 | 0.94 | 0.60 | 0.63 | 2.5 | ||||||
| EV/FCF | — | — | 53.47 | 53.47 | 53.47 | 29.83 | 95.89 | (56.31) | 20.77 | (45.18) | (120.47) | 25.7 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | 43 | 58 | 102 | 169 | 67 | 6 | 107 | 9 | 11 | (20.3%) | |||||
| Capex | — | — | (28) | (27) | (21) | (26) | (31) | (37) | (47) | (25) | (17) | (1.6%) | ||||||
| Free cash flow | — | — | 15 | 30 | 82 | 143 | 35 | (31) | 60 | (17) | (6) | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | 118 | 117 | 102 | 292 | 194 | 194 | 176 | 120 | 91 | +0.2% | |||||
| Net debt | — | — | 1,120 | 1,104 | 1,031 | 451 | 676 | 726 | 669 | 688 | 737 | (6.7%) | ||||||
| Shareholders’ equity | — | — | — | (887) | (827) | (218) | (198) | (161) | (177) | (408) | (493) | (12.1%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | 0.00 | 0.29 | 9.55 | 14.16 | 14.78 | 2.54 | (2.24) | (26.45) | (29.27) | (26.5) pt | |||||
| ROIC | — | — | 6.44 | 35.09 | 44.88 | 56.04 | 31.25 | 11.31 | 7.26 | (37.95) | (49.82) | (44.4) pt | ||||||
| ROE | — | — | (1.93) | (0.08) | (6.83) | (24.25) | (76.55) | (15.16) | 13.81 | 81.00 | 67.80 | +82.9 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | 3,700 | 3,700 | 4,200 | 4,100 | 3,850 | 3,790 | — | +0.5% | |||||
| Revenue/emp, $m | — | — | 0.00 | 0.00 | 0.30 | 0.36 | 0.37 | 0.35 | 0.35 | 0.33 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Sep 2025 · latest quarter Jun 2026
Leslie's, Inc. vs peers in Specialty Retail (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SPWH Sportsman's Warehouse Holdings, Inc. | $43.1M | — (loss-making) | — (loss-making) | +0.57% (above 0%: growing) | n/m | +54.22% (above 0%: growing) | 32.48% | (0.38%) | Compare |
| JBDI JBDI Holdings Limited | $20.1M | — | — | — | — | +82.28% (above 0%: growing) | — | — | Compare |
| RECT Rectitude Holdings Ltd. | $19.7M | — | — | — | — | −160.94% (below 0%: shrinking) | — | — | Compare |
| TLF Tandy Leather Factory, Inc. | $17.4M | — (loss-making) | — | +1.52% (above 0%: growing) | n/m | −120.94% (below 0%: shrinking) | 64.81% | 3.01% | Compare |
| TKLF Tokyo Lifestyle Co., Ltd. | $5.9M | 5.2× | — | +32.52% (above 0%: growing) | −83.33% (below 0%: shrinking) | −188.65% (below 0%: shrinking) | 17.85% | 0.00% | Compare |
| CGTL Creative Global Technology Holdings Limited | $4.3M | — | — | — | — | +134.20% (above 0%: growing) | — | — | Compare |
| BQ Boqii Holding Limited Sponsored ADR | $3.5M | — (loss-making) | — (loss-making) | +32.06% (above 0%: growing) | n/m | — | 20.02% | 0.00% | Compare |
| NVVE Nuvve Holding Corp. | $1.7M | — (loss-making) | — (loss-making) | +268.38% (above 0%: growing) | n/m | +33.08% (above 0%: growing) | 2.59% | (607.17%) | Compare |
| LESLQ Leslie's, Inc. | $960.0K | — (loss-making) | — (loss-making) | −8.36% (below 0%: shrinking) | +112.50% (above 0%: growing) | −8.44% (below 0%: shrinking) | 36.45% | 13.41% | |
| Median of peers | $11.7M | — | — | +32.06% | — | +33.08% | 20.02% | 0.00% |
Pay and ownership Proxy statement filed 2 February 2026
Ownership
Directors and executive officers, together
less than 1%
Ariel Investments, LLC
31.60%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement