Leslie's (LESLQ) Gross Margin (2019 - 2026)
Leslie's (LESLQ) recorded Gross Margin of 36.45% in fiscal Q3 2026 (quarter ended Jul 4, 2026), down 3.10 percentage points from 39.55% a year earlier but up 7.58 percentage points from the prior quarter.
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Analysis
Leslie's (LESLQ) Gross Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Leslie's' Gross Margin came in at 33.71% as of Jul 4, 2026, down 0.90 percentage points year-over-year; for FY2025 (ended Oct 4, 2025), it was 35.40%, down 0.44 percentage points from FY2024.
- Annual Gross Margin has declined for four straight fiscal years, with a five-year change of -6.02 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Gross Margin came in at 35.85% in FY2024 (-1.93 pp), 37.78% in FY2023 (-5.35 pp), 43.13% in FY2022 (-1.19 pp) and 44.32% in FY2021 (+2.90 pp).
- Quarterly Gross Margin has ranged from 18.40% in fiscal Q1 2026 to 45.99% in fiscal Q4 2021 over the past five years.
- On a year-over-year basis, Gross Margin rose in two of the last eight quarters, with an average year-over-year change of -1.59 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 4.07 percentage points in fiscal Q2 2026, against a drop of 8.83 percentage points in fiscal Q1 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 28.88% (Q2 2026), 18.40% (Q1 2026) and 38.56% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,803.87 Bn | 2,300.54 Bn | 107.37 Bn | 53.17% |
| 2 | Home Depot | 341.42 Bn | 334.67 Bn | 16.12 Bn | 33.67% |
| 3 | Tjx Companies | 149.33 Bn | 126.87 Bn | 5.07 Bn | 33.41% |
| 4 | Lowes Companies | 125.87 Bn | 118.84 Bn | 8.58 Bn | 33.04% |
| 5 | O Reilly Automotive | 74.24 Bn | 73.33 Bn | 2.52 Bn | 51.45% |
| 6 | Ross Stores | 73.45 Bn | 56.37 Bn | 2.12 Bn | 33.83% |
| 7 | Target | 71.89 Bn | 66.48 Bn | 8.94 Bn | 33.67% |
| 8 | Carvana | 53.03 Bn | 42.62 Bn | 1.52 Bn | 18.92% |
| 9 | Autozone | 52.99 Bn | 51.84 Bn | 3.52 Bn | 53.34% |
| 10 | Leslie's | 655,410.00 | -130.14 Mn | 167.13 Mn | 36.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 36.45% |
| Apr 4, 2026 | 28.88% |
| Jan 3, 2026 | 18.40% |
| Oct 4, 2025 | 38.56% |
| Jun 28, 2025 | 39.55% |
| Mar 29, 2025 | 24.81% |
| Dec 28, 2024 | 27.23% |
| Sep 28, 2024 | 36.00% |
| Jun 29, 2024 | 40.17% |
| Mar 30, 2024 | 28.80% |
| Dec 30, 2023 | 28.98% |
| Sep 30, 2023 | 37.04% |
| Jul 1, 2023 | 41.19% |
| Apr 1, 2023 | 33.44% |
| Dec 31, 2022 | 33.47% |
| Oct 1, 2022 | 45.67% |
| Jul 2, 2022 | 45.07% |
| Apr 2, 2022 | 37.54% |
| Jan 1, 2022 | 36.42% |
| Oct 2, 2021 | 45.99% |
API Access
Leslie's Gross 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=gross-margin&ticker=LESLQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "LESLQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=LESLQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();