Stocktoria

Leslie's, Inc. LESL

Nasdaq · stock · Retail-Retail Stores, NEC · website · IPO 2020-10-29

Leslie's, Inc. statistics & valuation

P / S0.1×
Net margin-19.1%
FCF margin-1.3%
Net debt$692.3M
Enterprise value USD$782.1M
Earnings yield EBIT/EV-21.7%
Return on capital-31.9%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
5.30% 9.40% 10.20% 1.90% -1.80% -19.10% 2020202020212022202320242025
Gross margin (%)
41.40% 44.30% 43.10% 37.80% 35.80% 35.40% 2020202020212022202320242025
Operating margin (%)
13.20% 15.60% 15.30% 7.00% 4.30% -13.70% 2020202020212022202320242025
Return on equity (%)
2020202020212022202320242025
Shares outstanding
156.5M 156.5M 190.0M 186.1M 184.3M 9.2M 9.3M 2020202020212022202320242025
Net debt ($)
$1.06B $1.04B $462.5M $685.6M $734.3M $675.2M $692.3M 2020202020212022202320242025
Share buybacks ($)
2020202020212022202320242025
Return on assets (%)
9.30% 7.80% 12.20% 14.30% 2.60% -2.20% -32.00% 2020202020212022202320242025
Free cash flow margin (%)
7.30% 10.50% 2.20% -2.20% 4.50% -1.30% 2020202020212022202320242025
Debt / equity (×)
2020202020212022202320242025
EPS ($)
$0.37 $0.67 $0.85 $2.95 -$2.53 -$25.57 2020202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Leslie's, Inc. trades at about 0.4× earnings — below its 10-year norm (10-year range 33.5×–1118.4×, median 617.3×).

0.4× 1118.4×

Shaded band = 10-year range (33.5×–1118.4×); dot = today's 0.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2020
Gross margin35.4%35.8%37.8%43.1%44.3%41.4%
Operating margin-13.7%4.3%7.0%15.3%15.6%13.2%
Net margin-19.1%-1.8%1.9%10.2%9.4%5.3%
FCF margin-1.3%4.5%-2.2%2.2%10.5%7.3%
Return on assets-32.0%-2.2%2.6%14.3%12.2%7.8%9.3%
Return on equity58.1%13.2%-16.9%-80.3%-58.2%-7.1%-8.3%
Debt / equity-1.85×-4.42×-4.89×-4.03×-3.70×-1.45×-1.39×
Current ratio1.571.711.861.561.941.391.23

Computed from company filings · US · as of 2025-10-04. Facts plus Stocktoria's own computed scores — not investment advice.