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

Leslie's (LESL) recorded quarterly Net Margin of 28.42% in Q2 2026, up 49.61% quarter-over-quarter from 56.39% in Q1 2026, and up 56.0% on a YoY basis from 18.22% in Q2 2025.

Leslie's (LESL) Net Margin (2019 - 2026) Analysis & Trends

Leslie's' Net Margin history runs 8 years deep, the most recent figure standing at 28.42% for Q2 2026.

  • In Q2 2026, Net Margin rose 56.0% year-over-year to 28.42%; the TTM figure through Apr 2026 stood at 22.28% (down 1886.0% YoY), while the FY2025 annual figure was 18.72%, down 1696.0% from the prior year.
  • Net Margin was 28.42% for Q2 2026 at Leslie's, up from 56.39% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 18.26% in Q3 2022 to a low of 56.39% in Q1 2026.
  • Historically, Net Margin has averaged 11.29% across 5 years, with a median of 11.32% in 2022.
  • The sharpest annual moves came in 2022 and 2025: Net Margin surged 1305 bps in 2022, then tumbled 3819 bps in 2025.
  • A 5-year view of Net Margin shows it stood at 15.51% in 2022, then slumped by 47 bps to 22.74% in 2023, then fell by 12 bps to 25.43% in 2024, then plunged by 60 bps to 40.69% in 2025, then surged by 30 bps to 28.42% in 2026.
  • The last three Net Margin figures came in at 28.42% (Q2 2026), 56.39% (Q1 2026), and 40.69% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 3.32%
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 15.61%
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 9.19%
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 2.06%
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 4.58%
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 3.09%
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 13.78%
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 2.83%
10 Leslie's 48.89 Mn 31.97 Mn 53.35 Mn -28.42%

Historic Data

Download Data
DateValue
Apr 4, 2026 -28.42%
Jan 3, 2026 -56.39%
Oct 4, 2025 -40.69%
Jun 28, 2025 4.34%
Mar 29, 2025 -28.97%
Dec 28, 2024 -25.43%
Sep 28, 2024 -2.49%
Jun 29, 2024 10.65%
Mar 30, 2024 -18.31%
Dec 30, 2023 -22.74%
Sep 30, 2023 3.81%
Jul 1, 2023 11.88%
Apr 1, 2023 -14.81%
Dec 31, 2022 -15.51%
Oct 1, 2022 12.70%
Jul 2, 2022 18.26%
Apr 2, 2022 -3.26%
Jan 1, 2022 -7.82%
Oct 2, 2021 11.59%
Jul 3, 2021 19.92%