Leslie's (LESL) Net Margin (2019 - 2026)
Leslie's' Net Margin came in at 10.42% for fiscal Q3 2026 (quarter ended Jul 4, 2026), up 6.08 percentage points from 4.34% a year earlier and up 38.84 percentage points from the prior quarter.
Leslie's (LESL) Net Margin (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 4, 2026, Leslie's reported Net Margin of -21.24%, down 14.51 percentage points year-over-year; for FY2025 (ended Oct 4, 2025), it was -19.08%, down 17.32 percentage points from FY2024.
- Net Margin has declined in each of the last three fiscal years, with a five-year change of -24.35 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Net Margin was -1.76% in FY2024 (-3.63 pp), 1.88% in FY2023 (-8.30 pp), 10.18% in FY2022 (+0.75 pp) and 9.43% in FY2021 (+4.16 pp).
- The fiscal Q3 2026 figure represents the highest quarterly Net Margin since fiscal Q3 2024.
- Year-over-year, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -11.20 percentage points.
- The fastest year-over-year change in Net Margin over five years came in fiscal Q1 2022 (a gain of 13.05 percentage points), and the weakest in fiscal Q4 2025 (a drop of 39.34 percentage points).
- Business Quant data shows LESL's Net Margin at -28.42% (Q2 2026), -56.39% (Q1 2026) and -41.83% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,659.84 Bn | 2,176.54 Bn | 104.83 Bn | 31.23% |
| 2 | Home Depot | 287.59 Bn | 280.83 Bn | 16.12 Bn | 9.96% |
| 3 | Tjx Companies | 147.38 Bn | 124.93 Bn | 5.07 Bn | 10.01% |
| 4 | Lowes Companies | 105.03 Bn | 97.99 Bn | 8.58 Bn | 9.24% |
| 5 | Ross Stores | 74.93 Bn | 57.86 Bn | 2.12 Bn | 13.59% |
| 6 | Target | 71.05 Bn | 65.64 Bn | 8.94 Bn | 7.07% |
| 7 | O Reilly Automotive | 70.25 Bn | 69.33 Bn | 2.52 Bn | 14.62% |
| 8 | Carvana | 69.96 Bn | 61.56 Bn | 1.38 Bn | 4.20% |
| 9 | Autozone | 46.92 Bn | 45.82 Bn | 2.52 Bn | 13.25% |
| 10 | Leslie's | 2.06 Mn | -128.73 Mn | 167.13 Mn | 10.42% |
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 10.42% |
| Apr 4, 2026 | -28.42% |
| Jan 3, 2026 | -56.39% |
| Oct 4, 2025 | -41.83% |
| 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 | 12.18% |
| Jul 2, 2022 | 18.26% |
| Apr 2, 2022 | -3.26% |
| Jan 1, 2022 | -7.82% |
| Oct 2, 2021 | 10.89% |
Leslie's Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=LESL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "LESL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=LESL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();