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Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Leslie's (LESL) Gross Margin (2019 - 2026)

Leslie's has reported Gross Margin over the past 8 years, most recently at 18.4% for Q1 2026.

  • Quarterly results put Gross Margin at 18.4% for Q1 2026, down 883.0% from a year ago — trailing twelve months through Jan 2026 was 34.52% (down 109.0% YoY), and the annual figure for FY2025 was 35.4%, down 44.0%.
  • Gross Margin for Q1 2026 was 18.4% at Leslie's, down from 38.56% in the prior quarter.
  • Over the last five years, Gross Margin for LESL hit a ceiling of 45.67% in Q4 2022 and a floor of 18.4% in Q1 2026.
  • Median Gross Margin over the past 5 years was 36.42% (2022), compared with a mean of 34.84%.
  • Biggest five-year swings in Gross Margin: skyrocketed 257bps in 2025 and later plummeted -883bps in 2026.
  • Leslie's' Gross Margin stood at 33.47% in 2022, then decreased by -13bps to 28.98% in 2023, then decreased by -6bps to 27.23% in 2024, then surged by 42bps to 38.56% in 2025, then tumbled by -52bps to 18.4% in 2026.
  • The last three reported values for Gross Margin were 18.4% (Q1 2026), 38.56% (Q4 2025), and 39.55% (Q2 2025) per Business Quant data.