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

Leslie's (LESL) has reported Operating Margin for 8 consecutive years, with 20.4% the latest figure, recorded in Q2 2026.

• In Q2 2026, Operating Margin rose 691.0% year-over-year to 20.4%; the TTM figure through Apr 2026 stood at 15.41% (down 1360.0% YoY), while the FY2025 annual figure was 13.68%, down 1347.0% from the prior year.
• Operating Margin came in at 20.4% for Q2 2026 at Leslie's, up from 46.73% 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 9.71%, with a median of 12.83% recorded in 2022.
• Across the five-year window, Operating Margin plunged 3996 bps in 2022 and surged 3246 bps in 2023, its largest moves.
• Year by year, Operating Margin stood at 13.83% in 2022, then plunged by 52 bps to 20.96% in 2023, then retreated by 8 bps to 22.66% in 2024, then slumped by 70 bps to 38.56% in 2025, then soared by 47 bps to 20.4% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 20.4%, 46.73%, and 38.56% for Q2 2026, Q1 2026, and Q4 2025 respectively.