Leslie's (LESL) Return on Invested Capital [ROIC] (2020 - 2026)
Leslie's (LESL) recorded Return on Invested Capital [ROIC] of -81.93% in fiscal Q3 2026 (quarter ended Jul 4, 2026), down 83.28 percentage points from 1.35% a year earlier and down 2.53 percentage points from the prior quarter.
Leslie's (LESL) Return on Invested Capital [ROIC] (2020 - 2026) Analysis & Trends
For FY2025 (ended Oct 4, 2025), Leslie's reported Return on Invested Capital [ROIC] of -35.98%, down 45.35 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for four straight fiscal years, with a four-year change of -70.61 percentage points (FY2021 to FY2025).
- Across earlier fiscal years, Return on Invested Capital [ROIC] came in at 9.36% in FY2024 (-3.16 pp), 12.52% in FY2023 (-18.75 pp), 31.28% in FY2022 (-3.34 pp) and 34.62% in FY2021.
- The fiscal Q3 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] in data going back to fiscal Q4 2020.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of -38.05 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 6.28 percentage points in fiscal Q2 2022, against a drop of 86.52 percentage points in fiscal Q2 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -79.40% (Q2 2026), -65.58% (Q1 2026) and -39.99% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,712.14 Bn | 2,228.84 Bn | 104.83 Bn | 11.04% |
| 2 | Home Depot | 282.27 Bn | 275.52 Bn | 16.12 Bn | 23.31% |
| 3 | Tjx Companies | 146.16 Bn | 123.70 Bn | 5.07 Bn | 44.55% |
| 4 | Lowes Companies | 101.42 Bn | 94.39 Bn | 8.58 Bn | 26.54% |
| 5 | Ross Stores | 73.06 Bn | 55.98 Bn | 2.12 Bn | 33.92% |
| 6 | Target | 70.86 Bn | 65.45 Bn | 8.94 Bn | 14.40% |
| 7 | Carvana | 70.11 Bn | 61.71 Bn | 1.38 Bn | 0.00% |
| 8 | O Reilly Automotive | 69.29 Bn | 68.38 Bn | 2.52 Bn | 54.96% |
| 9 | Autozone | 45.61 Bn | 44.51 Bn | 2.52 Bn | 46.64% |
| 10 | Leslie's | 1.40 Mn | -129.39 Mn | 167.13 Mn | -81.93% |
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | -81.93% |
| Apr 4, 2026 | -79.40% |
| Jan 3, 2026 | -65.58% |
| Oct 4, 2025 | -39.99% |
| Jun 28, 2025 | 1.35% |
| Mar 29, 2025 | 7.12% |
| Dec 28, 2024 | 9.53% |
| Sep 28, 2024 | 9.45% |
| Jun 29, 2024 | 0.00% |
| Mar 30, 2024 | 13.36% |
| Dec 30, 2023 | 11.76% |
| Sep 30, 2023 | 12.39% |
| Jul 1, 2023 | 20.02% |
| Apr 1, 2023 | 28.41% |
| Dec 31, 2022 | 29.78% |
| Oct 1, 2022 | 32.56% |
| Jul 2, 2022 | 35.76% |
| Apr 2, 2022 | 40.30% |
| Jan 1, 2022 | 34.11% |
| Oct 2, 2021 | 29.33% |
Leslie's Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=LESL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=LESL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();