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

Leslie's has reported Operating Margin for 8 years, with the latest figure at 13.41% in Q3 2026.

• On a quarterly basis, Operating Margin fell 25.0% year-over-year to 13.41% in Q3 2026; TTM through Jul 2026 was 16.54%, a 1707.0% decrease from a year earlier, with the FY2025 full-year figure at 13.68%, down 1797.0% from the prior year.
• Operating Margin was 13.41% for Q3 2026 at Leslie's, up from 20.4% in the prior quarter.
• The five-year high for Operating Margin was 25.55% in Q3 2022, with the low at 46.73% in Q1 2026.
• Average Operating Margin over 5 years is 5.54%, with a median of 6.75% recorded in 2022.
• The sharpest annual moves came in 2022 and 2025: Operating Margin surged 1103 bps in 2022, then slumped 4520 bps in 2025.
• Over 5 years, Operating Margin stood at 13.83% in 2022, then slumped by 52 bps to 20.96% in 2023, then declined by 8 bps to 22.66% in 2024, then plunged by 70 bps to 38.56% in 2025, then jumped by 135 bps to 13.41% in 2026.
• The last three Operating Margin figures came in at 13.41% (Q3 2026), 20.4% (Q2 2026), and 46.73% (Q1 2026), per Business Quant data.