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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.

  • For Q1 2026, Gross Margin fell 883.0% year-over-year to 18.4%; the TTM value through Jan 2026 reached 34.52%, down 109.0%, while the annual FY2025 figure was 35.4%, 44.0% down from the prior year.
  • Gross Margin for Q1 2026 was 18.4% at Leslie's, down from 38.56% in the prior quarter.
  • Over five years, Gross Margin peaked at 45.67% in Q4 2022 and troughed at 18.4% in Q1 2026.
  • A 5-year average of 34.84% and a median of 36.42% in 2022 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: surged 257bps in 2025 and later tumbled -883bps in 2026.
  • Year by year, Gross Margin stood at 33.47% in 2022, then fell by -13bps to 28.98% in 2023, then fell by -6bps to 27.23% in 2024, then soared by 42bps to 38.56% in 2025, then crashed by -52bps to 18.4% in 2026.
  • Business Quant data shows Gross Margin for LESL at 18.4% in Q1 2026, 38.56% in Q4 2025, and 39.55% in Q2 2025.