Leslie's, Inc. (LESL) 10-Year Financial Performance & Capital Metrics

LESL • • Industrial / General

Consumer CyclicalHome Improvement RetailPool & Outdoor LivingPool Care & Maintenance

AboutLeslie's, Inc. operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It offers pool chemicals consisting of chlorine, sanitizers, water balancers, specialty chemicals, and algae control; pool covers, including winter, solar and safety covers, leaf nets, cover reels, and cover alternatives; pool equipment, which comprise pool cleaners, pool pumps, pool filters, pool heating, and lighting; and pools, such as above ground pools, soft side pools, above ground pools liners and equipment, ladders and rails, and diving boards. The company also provides pool maintenance products, including pool closing and opening supplies, filter catridges, chlorine floaters, backwash and vacuum hoses, and cleaning attachments; parts, such as automatic pool cleaner parts, pool filter and pump parts, and pool heater and heat pump parts; and safety, recreational, and fitness-related products. In addition, it provides pool equipment and repair services. The company markets its products through 952 company operated locations in 38 states and e-commerce websites. It serves the residential, professional, and commercial consumers. The company was founded in 1963 and is headquartered in Phoenix, Arizona.Show more

Revenue $1.33B -8.3%
EBITDA $90M -33.8%
Net Income -$23M -185.8%
EPS (Diluted) -2.60 -186.7%
Gross Margin 35.85% -5.1%
EBITDA Margin 6.78% -27.8%
Operating Margin 4.29% -39.0%
Net Margin -1.76% -193.6%
ROE -
ROIC 5.41% -45.7%
Debt/Equity -
Interest Coverage 0.81 -48.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient asset utilization: 1.3x turnover

✗Weaknesses

✗Weak momentum: RS Rating 2 (bottom 2%)
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y7.46%

3Y-0.32%

TTM-8.36%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-2879.4%

EPS CAGR

10Y-

5Y-

3Y-

TTM-2478.65%

ROCE

10Y Avg28.26%

5Y Avg24.54%

3Y Avg17.34%

Latest7.09%

Peer Comparison

Pool Care & Maintenance

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LESLLeslie's, Inc.	15.98M	1.72	-0.66	-8.34%	-6.72%		100%

Profit & Loss

	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Sales/Revenue+	892.6M	928.2M	1.11B	1.34B	1.56B	1.45B	1.33B
Revenue Growth %	-	0.04%	0.2%	0.21%	0.16%	-0.07%	-0.08%
Cost of Goods Sold+	535.46M	548.46M	651.52M	747.76M	888.38M	902.99M	853.33M
COGS % of Revenue	0.6%	0.59%	0.59%	0.56%	0.57%	0.62%	0.64%
Gross Profit+	357.14M	379.74M	460.71M	595.16M	673.74M	548.22M	476.79M
Gross Margin %	0.4%	0.41%	0.41%	0.44%	0.43%	0.38%	0.36%
Gross Profit Growth %	-	0.06%	0.21%	0.29%	0.13%	-0.19%	-0.13%
Operating Expenses+	241.67M	258.15M	314.34M	386.07M	434.99M	446.04M	419.67M
OpEx % of Revenue	0.27%	0.28%	0.28%	0.29%	0.28%	0.31%	0.32%
Selling, General & Admin	241.67M	258.15M	314.34M	386.07M	434.99M	446.04M	409.71M
SG&A % of Revenue	0.27%	0.28%	0.28%	0.29%	0.28%	0.31%	0.31%
Research & Development	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-
Other Operating Expenses	-1.76M	0	-1.09M	-2.38M	-397K	0	9.96M
Operating Income+	115.47M	121.59M	146.38M	209.09M	238.75M	102.18M	57.12M
Operating Margin %	0.13%	0.13%	0.13%	0.16%	0.15%	0.07%	0.04%
Operating Income Growth %	-	0.05%	0.2%	0.43%	0.14%	-0.57%	-0.44%
EBITDA+	147.08M	152.01M	177.9M	235.64M	269.52M	136.32M	90.19M
EBITDA Margin %	0.16%	0.16%	0.16%	0.18%	0.17%	0.09%	0.07%
EBITDA Growth %	-	0.03%	0.17%	0.32%	0.14%	-0.49%	-0.34%
D&A (Non-Cash Add-back)	31.61M	30.42M	31.52M	26.55M	30.77M	34.14M	33.08M
EBIT	113.71M	121.59M	145.29M	197.54M	238.36M	102.18M	57.12M
Net Interest Income+	-91.66M	-98.58M	-84.1M	-34.41M	-30.24M	-65.44M	-70.39M
Interest Income	0	0	0	0	0	0	0
Interest Expense	91.66M	98.58M	84.1M	34.41M	30.24M	65.44M	70.39M
Other Income/Expense	-93.42M	-106.03M	-85.19M	-45.96M	-30.64M	-65.44M	-70.39M
Pretax Income+	22.05M	15.56M	61.19M	163.13M	208.12M	36.74M	-13.28M
Pretax Margin %	0.02%	0.02%	0.06%	0.12%	0.13%	0.03%	-0.01%
Income Tax+	4.93M	14.86M	2.63M	36.49M	49.09M	9.5M	10.1M
Effective Tax Rate %	0.78%	0.05%	0.96%	0.78%	0.76%	0.74%	1.76%
Net Income+	17.13M	702K	58.56M	126.63M	159.03M	27.24M	-23.38M
Net Margin %	0.02%	0%	0.05%	0.09%	0.1%	0.02%	-0.02%
Net Income Growth %	-	-0.96%	82.42%	1.16%	0.26%	-0.83%	-1.86%
Net Income (Continuing)	17.13M	702K	58.56M	126.63M	159.03M	27.24M	-23.38M
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0
EPS (Diluted)+	1.84	0.08	6.20	13.40	17.00	3.00	-2.60
EPS Growth %	-	-0.96%	80.58%	1.16%	0.27%	-0.82%	-1.87%
EPS (Basic)	1.84	0.08	6.20	13.60	17.20	3.00	-2.60
Diluted Shares Outstanding	9.33M	9.33M	9.33M	9.5M	9.31M	9.24M	9.23M
Basic Shares Outstanding	9.33M	9.33M	9.33M	9.27M	9.22M	9.19M	9.23M
Dividend Payout Ratio	-	1.77%	-	-	-	-	-

Balance Sheet

	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Total Current Assets+	255.33M	282.09M	372.13M	603.27M	542.38M	420.29M	422.43M
Cash & Short-Term Investments	77.57M	90.9M	157.07M	345.06M	112.29M	55.42M	108.5M
Cash Only	77.57M	90.9M	157.07M	345.06M	112.29M	55.42M	108.5M
Short-Term Investments	0	0	0	0	0	0	0
Accounts Receivable	28.7M	33.87M	31.48M	38.86M	45.3M	29.4M	45.47M
Days Sales Outstanding	11.74	13.32	10.33	10.56	10.58	7.39	12.48
Inventory	143.22M	149.73M	148.97M	198.79M	361.69M	311.84M	234.28M
Days Inventory Outstanding	97.63	99.64	83.46	97.03	148.6	126.05	100.21
Other Current Assets	0	0	34.61M	8.88M	15.6M	10.13M	9.44M
Total Non-Current Assets+	197.83M	197.63M	374.31M	440.52M	567.25M	614.15M	627.89M
Property, Plant & Equipment	80.26M	78.51M	244.05M	282.62M	314.56M	341.75M	368.94M
Fixed Asset Turnover	11.12x	11.82x	4.56x	4.75x	4.97x	4.25x	3.61x
Goodwill	84.52M	89.74M	93.3M	101.11M	173.51M	180.7M	180.7M
Intangible Assets	27.13M	27.98M	27.89M	27.91M	40.19M	38.16M	34.43M
Long-Term Investments	4.3M	-21.33M	0	0	0	0	0
Other Non-Current Assets	-8.73M	1.4M	2.49M	25.15M	37.72M	45.95M	39.66M
Total Assets+	453.16M	479.72M	746.44M	1.04B	1.11B	1.03B	1.05B
Asset Turnover	1.97x	1.93x	1.49x	1.29x	1.41x	1.40x	1.27x
Asset Growth %	-	0.06%	0.56%	0.4%	0.06%	-0.07%	0.02%
Total Current Liabilities+	137.16M	165.52M	258.2M	309.71M	347.96M	225.83M	246.92M
Accounts Payable	61.6M	68.35M	92.37M	100.96M	156.46M	58.56M	67.62M
Days Payables Outstanding	41.99	45.48	51.75	49.28	64.28	23.67	28.92
Short-Term Debt	8.34M	8.34M	62.8M	69.17M	68.47M	70.89M	71.46M
Deferred Revenue (Current)	0	0	0	1000K	1000K	1000K	1000K
Other Current Liabilities	51.99M	67.43M	68.75M	85.88M	70.97M	65.25M	79.63M
Current Ratio	1.86x	1.70x	1.44x	1.95x	1.56x	1.86x	1.71x
Quick Ratio	0.82x	0.80x	0.86x	1.31x	0.52x	0.48x	0.76x
Cash Conversion Cycle	67.38	67.48	42.04	58.31	94.9	109.77	83.76
Total Non-Current Liabilities+	1.2B	1.2B	1.32B	950.08M	959.63M	969.97M	980.55M
Long-Term Debt	1.19B	1.19B	1.18B	786.13M	779.73M	773.28M	769.07M
Capital Lease Obligations	0	0	130.23M	160.04M	179.84M	193.22M	209.07M
Deferred Tax Liabilities	1.06M	1.24M	53.82M	59.21M	68.22M	0	0
Other Non-Current Liabilities	14.37M	13.82M	5.46M	3.92M	65K	3.47M	2.42M
Total Liabilities	1.34B	1.37B	1.57B	1.26B	1.31B	1.2B	1.23B
Total Debt+	1.2B	1.19B	1.37B	1.02B	1.03B	1.04B	1.05B
Net Debt	1.12B	1.1B	1.22B	670.28M	915.74M	981.97M	941.08M
Debt / Equity	-	-	-	-	-	-	-
Debt / EBITDA	8.14x	7.86x	7.72x	4.31x	3.81x	7.61x	11.64x
Net Debt / EBITDA	7.62x	7.26x	6.83x	2.84x	3.40x	7.20x	10.43x
Interest Coverage	1.26x	1.23x	1.74x	6.08x	7.90x	1.56x	0.81x
Total Equity+	-888.95M	-887.36M	-827M	-217.56M	-197.95M	-161.36M	-177.15M
Equity Growth %	-	0%	0.07%	0.74%	0.09%	0.18%	-0.1%
Book Value per Share	-95.28	-95.10	-88.64	-22.90	-21.27	-17.47	-19.18
Total Shareholders' Equity	-888.95M	-887.36M	-827M	-217.56M	-197.95M	-161.36M	-177.15M
Common Stock	157K	0	157K	190K	183K	184K	185K
Retained Earnings	-607.13M	-887.36M	-549.09M	-422.46M	-288.07M	-260.83M	-284.2M
Treasury Stock	0	0	0	0	0	0	0
Accumulated OCI	-272.29M	0	-278.06M	0	0	0	0
Minority Interest	0	0	0	0	0	0	0

Cash Flow

	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Cash from Operations+	43.28M	57.82M	103.41M	169.56M	66.64M	6.47M	107.47M
Operating CF Margin %	0.05%	0.06%	0.09%	0.13%	0.04%	0%	0.08%
Operating CF Growth %	-	0.34%	0.79%	0.64%	-0.61%	-0.9%	15.61%
Net Income	17.13M	702K	58.56M	126.63M	159.03M	27.24M	-23.38M
Depreciation & Amortization	31.61M	30.42M	28.93M	26.55M	30.77M	34.14M	33.08M
Stock-Based Compensation	1.78M	2.13M	1.78M	24.22M	11.35M	11.7M	8.59M
Deferred Taxes	1.41M	-754K	-7.82M	2.85M	2.47M	-6.33M	3.43M
Other Non-Cash Items	4.82M	5.45M	4.85M	12.15M	3.63M	8.69M	4.12M
Working Capital Changes	-13.46M	19.86M	17.11M	-22.84M	-140.6M	-68.98M	81.63M
Change in Receivables	-4.3M	-5.63M	-31.02M	-12.89M	-7.62M	16.1M	-18.68M
Change in Inventory	-4.92M	-3.8M	1.76M	-47.79M	-143.15M	54.33M	85.88M
Change in Payables	2.04M	23.83M	39.34M	36.04M	23.84M	-120.05M	1.89M
Cash from Investing+	-40.22M	-37M	-26.81M	-35.35M	-138.98M	-52.54M	-47.16M
Capital Expenditures	-28.79M	-27.44M	-20.63M	-28.93M	-31.73M	-38.58M	-47.24M
CapEx % of Revenue	0.03%	0.03%	0.02%	0.02%	0.02%	0.03%	0.04%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	325K	64K	7K	2.44M	408K	1.59M	81K
Cash from Financing+	-24.39M	-7.5M	-10.43M	53.78M	-158.87M	-10.8M	-7.22M
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	0	-1.24M	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-
Other Financing	-724K	0	0	-9.58M	1.38M	-2.7M	0
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	14.49M	30.38M	82.78M	140.63M	34.92M	-32.11M	60.22M
FCF Margin %	0.02%	0.03%	0.07%	0.1%	0.02%	-0.02%	0.05%
FCF Growth %	-	1.1%	1.73%	0.7%	-0.75%	-1.92%	2.88%
FCF per Share	1.55	3.26	8.87	14.80	3.75	-3.48	6.52
FCF Conversion (FCF/Net Income)	2.53x	82.37x	1.77x	1.34x	0.42x	0.24x	-4.60x
Interest Paid	90.06M	90.48M	88.68M	36.41M	32.62M	63.06M	63.24M
Taxes Paid	7.33M	12.94M	15.3M	28.56M	41.15M	22.56M	10.93M

Key Ratios

Metric	2018	2019	2020	2021	2022	2023	2024
Return on Invested Capital (ROIC)	37.43%	40.72%	36.29%	37.28%	30.6%	9.96%	5.41%
Gross Margin	40.01%	40.91%	41.42%	44.32%	43.13%	37.78%	35.85%
Net Margin	1.92%	0.08%	5.27%	9.43%	10.18%	1.88%	-1.76%
Interest Coverage	1.26x	1.23x	1.74x	6.08x	7.90x	1.56x	0.81x
FCF Conversion	2.53x	82.37x	1.77x	1.34x	0.42x	0.24x	-4.60x
Revenue Growth	-	3.99%	19.83%	20.74%	16.32%	-7.1%	-8.34%

Frequently Asked Questions

Growth & Financials

Leslie's, Inc. (LESL) reported $1.25B in revenue for fiscal year 2024. This represents a 40% increase from $892.6M in 2018.

Leslie's, Inc. (LESL) saw revenue decline by 8.3% over the past year.

Leslie's, Inc. (LESL) reported a net loss of $84.1M for fiscal year 2024.

Dividend & Returns

Leslie's, Inc. (LESL) had negative free cash flow of $24.3M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

...

Leslie's, Inc. (LESL) 10-Year Financial Performance & Capital Metrics

LESL • • Industrial / General

Consumer CyclicalHome Improvement RetailPool & Outdoor LivingPool Care & Maintenance

Revenue $1.33B -8.3%
EBITDA $90M -33.8%
Net Income -$23M -185.8%
EPS (Diluted) -2.60 -186.7%
Gross Margin 35.85% -5.1%
EBITDA Margin 6.78% -27.8%
Operating Margin 4.29% -39.0%
Net Margin -1.76% -193.6%
ROE -
ROIC 5.41% -45.7%
Debt/Equity -
Interest Coverage 0.81 -48.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient asset utilization: 1.3x turnover

✗Weaknesses

✗Weak momentum: RS Rating 2 (bottom 2%)
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y7.46%

3Y-0.32%

TTM-8.36%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-2879.4%

EPS CAGR

10Y-

5Y-

3Y-

TTM-2478.65%

ROCE

10Y Avg28.26%

5Y Avg24.54%

3Y Avg17.34%

Latest7.09%

Peer Comparison

Pool Care & Maintenance

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LESLLeslie's, Inc.	15.98M	1.72	-0.66	-8.34%	-6.72%		100%

Profit & Loss

	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Sales/Revenue+	892.6M	928.2M	1.11B	1.34B	1.56B	1.45B	1.33B
Revenue Growth %	-	0.04%	0.2%	0.21%	0.16%	-0.07%	-0.08%
Cost of Goods Sold+	535.46M	548.46M	651.52M	747.76M	888.38M	902.99M	853.33M
COGS % of Revenue	0.6%	0.59%	0.59%	0.56%	0.57%	0.62%	0.64%
Gross Profit+	357.14M	379.74M	460.71M	595.16M	673.74M	548.22M	476.79M
Gross Margin %	0.4%	0.41%	0.41%	0.44%	0.43%	0.38%	0.36%
Gross Profit Growth %	-	0.06%	0.21%	0.29%	0.13%	-0.19%	-0.13%
Operating Expenses+	241.67M	258.15M	314.34M	386.07M	434.99M	446.04M	419.67M
OpEx % of Revenue	0.27%	0.28%	0.28%	0.29%	0.28%	0.31%	0.32%
Selling, General & Admin	241.67M	258.15M	314.34M	386.07M	434.99M	446.04M	409.71M
SG&A % of Revenue	0.27%	0.28%	0.28%	0.29%	0.28%	0.31%	0.31%
Research & Development	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-
Other Operating Expenses	-1.76M	0	-1.09M	-2.38M	-397K	0	9.96M
Operating Income+	115.47M	121.59M	146.38M	209.09M	238.75M	102.18M	57.12M
Operating Margin %	0.13%	0.13%	0.13%	0.16%	0.15%	0.07%	0.04%
Operating Income Growth %	-	0.05%	0.2%	0.43%	0.14%	-0.57%	-0.44%
EBITDA+	147.08M	152.01M	177.9M	235.64M	269.52M	136.32M	90.19M
EBITDA Margin %	0.16%	0.16%	0.16%	0.18%	0.17%	0.09%	0.07%
EBITDA Growth %	-	0.03%	0.17%	0.32%	0.14%	-0.49%	-0.34%
D&A (Non-Cash Add-back)	31.61M	30.42M	31.52M	26.55M	30.77M	34.14M	33.08M
EBIT	113.71M	121.59M	145.29M	197.54M	238.36M	102.18M	57.12M
Net Interest Income+	-91.66M	-98.58M	-84.1M	-34.41M	-30.24M	-65.44M	-70.39M
Interest Income	0	0	0	0	0	0	0
Interest Expense	91.66M	98.58M	84.1M	34.41M	30.24M	65.44M	70.39M
Other Income/Expense	-93.42M	-106.03M	-85.19M	-45.96M	-30.64M	-65.44M	-70.39M
Pretax Income+	22.05M	15.56M	61.19M	163.13M	208.12M	36.74M	-13.28M
Pretax Margin %	0.02%	0.02%	0.06%	0.12%	0.13%	0.03%	-0.01%
Income Tax+	4.93M	14.86M	2.63M	36.49M	49.09M	9.5M	10.1M
Effective Tax Rate %	0.78%	0.05%	0.96%	0.78%	0.76%	0.74%	1.76%
Net Income+	17.13M	702K	58.56M	126.63M	159.03M	27.24M	-23.38M
Net Margin %	0.02%	0%	0.05%	0.09%	0.1%	0.02%	-0.02%
Net Income Growth %	-	-0.96%	82.42%	1.16%	0.26%	-0.83%	-1.86%
Net Income (Continuing)	17.13M	702K	58.56M	126.63M	159.03M	27.24M	-23.38M
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0
EPS (Diluted)+	1.84	0.08	6.20	13.40	17.00	3.00	-2.60
EPS Growth %	-	-0.96%	80.58%	1.16%	0.27%	-0.82%	-1.87%
EPS (Basic)	1.84	0.08	6.20	13.60	17.20	3.00	-2.60
Diluted Shares Outstanding	9.33M	9.33M	9.33M	9.5M	9.31M	9.24M	9.23M
Basic Shares Outstanding	9.33M	9.33M	9.33M	9.27M	9.22M	9.19M	9.23M
Dividend Payout Ratio	-	1.77%	-	-	-	-	-

Balance Sheet

	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Total Current Assets+	255.33M	282.09M	372.13M	603.27M	542.38M	420.29M	422.43M
Cash & Short-Term Investments	77.57M	90.9M	157.07M	345.06M	112.29M	55.42M	108.5M
Cash Only	77.57M	90.9M	157.07M	345.06M	112.29M	55.42M	108.5M
Short-Term Investments	0	0	0	0	0	0	0
Accounts Receivable	28.7M	33.87M	31.48M	38.86M	45.3M	29.4M	45.47M
Days Sales Outstanding	11.74	13.32	10.33	10.56	10.58	7.39	12.48
Inventory	143.22M	149.73M	148.97M	198.79M	361.69M	311.84M	234.28M
Days Inventory Outstanding	97.63	99.64	83.46	97.03	148.6	126.05	100.21
Other Current Assets	0	0	34.61M	8.88M	15.6M	10.13M	9.44M
Total Non-Current Assets+	197.83M	197.63M	374.31M	440.52M	567.25M	614.15M	627.89M
Property, Plant & Equipment	80.26M	78.51M	244.05M	282.62M	314.56M	341.75M	368.94M
Fixed Asset Turnover	11.12x	11.82x	4.56x	4.75x	4.97x	4.25x	3.61x
Goodwill	84.52M	89.74M	93.3M	101.11M	173.51M	180.7M	180.7M
Intangible Assets	27.13M	27.98M	27.89M	27.91M	40.19M	38.16M	34.43M
Long-Term Investments	4.3M	-21.33M	0	0	0	0	0
Other Non-Current Assets	-8.73M	1.4M	2.49M	25.15M	37.72M	45.95M	39.66M
Total Assets+	453.16M	479.72M	746.44M	1.04B	1.11B	1.03B	1.05B
Asset Turnover	1.97x	1.93x	1.49x	1.29x	1.41x	1.40x	1.27x
Asset Growth %	-	0.06%	0.56%	0.4%	0.06%	-0.07%	0.02%
Total Current Liabilities+	137.16M	165.52M	258.2M	309.71M	347.96M	225.83M	246.92M
Accounts Payable	61.6M	68.35M	92.37M	100.96M	156.46M	58.56M	67.62M
Days Payables Outstanding	41.99	45.48	51.75	49.28	64.28	23.67	28.92
Short-Term Debt	8.34M	8.34M	62.8M	69.17M	68.47M	70.89M	71.46M
Deferred Revenue (Current)	0	0	0	1000K	1000K	1000K	1000K
Other Current Liabilities	51.99M	67.43M	68.75M	85.88M	70.97M	65.25M	79.63M
Current Ratio	1.86x	1.70x	1.44x	1.95x	1.56x	1.86x	1.71x
Quick Ratio	0.82x	0.80x	0.86x	1.31x	0.52x	0.48x	0.76x
Cash Conversion Cycle	67.38	67.48	42.04	58.31	94.9	109.77	83.76
Total Non-Current Liabilities+	1.2B	1.2B	1.32B	950.08M	959.63M	969.97M	980.55M
Long-Term Debt	1.19B	1.19B	1.18B	786.13M	779.73M	773.28M	769.07M
Capital Lease Obligations	0	0	130.23M	160.04M	179.84M	193.22M	209.07M
Deferred Tax Liabilities	1.06M	1.24M	53.82M	59.21M	68.22M	0	0
Other Non-Current Liabilities	14.37M	13.82M	5.46M	3.92M	65K	3.47M	2.42M
Total Liabilities	1.34B	1.37B	1.57B	1.26B	1.31B	1.2B	1.23B
Total Debt+	1.2B	1.19B	1.37B	1.02B	1.03B	1.04B	1.05B
Net Debt	1.12B	1.1B	1.22B	670.28M	915.74M	981.97M	941.08M
Debt / Equity	-	-	-	-	-	-	-
Debt / EBITDA	8.14x	7.86x	7.72x	4.31x	3.81x	7.61x	11.64x
Net Debt / EBITDA	7.62x	7.26x	6.83x	2.84x	3.40x	7.20x	10.43x
Interest Coverage	1.26x	1.23x	1.74x	6.08x	7.90x	1.56x	0.81x
Total Equity+	-888.95M	-887.36M	-827M	-217.56M	-197.95M	-161.36M	-177.15M
Equity Growth %	-	0%	0.07%	0.74%	0.09%	0.18%	-0.1%
Book Value per Share	-95.28	-95.10	-88.64	-22.90	-21.27	-17.47	-19.18
Total Shareholders' Equity	-888.95M	-887.36M	-827M	-217.56M	-197.95M	-161.36M	-177.15M
Common Stock	157K	0	157K	190K	183K	184K	185K
Retained Earnings	-607.13M	-887.36M	-549.09M	-422.46M	-288.07M	-260.83M	-284.2M
Treasury Stock	0	0	0	0	0	0	0
Accumulated OCI	-272.29M	0	-278.06M	0	0	0	0
Minority Interest	0	0	0	0	0	0	0

Cash Flow

	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Cash from Operations+	43.28M	57.82M	103.41M	169.56M	66.64M	6.47M	107.47M
Operating CF Margin %	0.05%	0.06%	0.09%	0.13%	0.04%	0%	0.08%
Operating CF Growth %	-	0.34%	0.79%	0.64%	-0.61%	-0.9%	15.61%
Net Income	17.13M	702K	58.56M	126.63M	159.03M	27.24M	-23.38M
Depreciation & Amortization	31.61M	30.42M	28.93M	26.55M	30.77M	34.14M	33.08M
Stock-Based Compensation	1.78M	2.13M	1.78M	24.22M	11.35M	11.7M	8.59M
Deferred Taxes	1.41M	-754K	-7.82M	2.85M	2.47M	-6.33M	3.43M
Other Non-Cash Items	4.82M	5.45M	4.85M	12.15M	3.63M	8.69M	4.12M
Working Capital Changes	-13.46M	19.86M	17.11M	-22.84M	-140.6M	-68.98M	81.63M
Change in Receivables	-4.3M	-5.63M	-31.02M	-12.89M	-7.62M	16.1M	-18.68M
Change in Inventory	-4.92M	-3.8M	1.76M	-47.79M	-143.15M	54.33M	85.88M
Change in Payables	2.04M	23.83M	39.34M	36.04M	23.84M	-120.05M	1.89M
Cash from Investing+	-40.22M	-37M	-26.81M	-35.35M	-138.98M	-52.54M	-47.16M
Capital Expenditures	-28.79M	-27.44M	-20.63M	-28.93M	-31.73M	-38.58M	-47.24M
CapEx % of Revenue	0.03%	0.03%	0.02%	0.02%	0.02%	0.03%	0.04%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	325K	64K	7K	2.44M	408K	1.59M	81K
Cash from Financing+	-24.39M	-7.5M	-10.43M	53.78M	-158.87M	-10.8M	-7.22M
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	0	-1.24M	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-
Other Financing	-724K	0	0	-9.58M	1.38M	-2.7M	0
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	14.49M	30.38M	82.78M	140.63M	34.92M	-32.11M	60.22M
FCF Margin %	0.02%	0.03%	0.07%	0.1%	0.02%	-0.02%	0.05%
FCF Growth %	-	1.1%	1.73%	0.7%	-0.75%	-1.92%	2.88%
FCF per Share	1.55	3.26	8.87	14.80	3.75	-3.48	6.52
FCF Conversion (FCF/Net Income)	2.53x	82.37x	1.77x	1.34x	0.42x	0.24x	-4.60x
Interest Paid	90.06M	90.48M	88.68M	36.41M	32.62M	63.06M	63.24M
Taxes Paid	7.33M	12.94M	15.3M	28.56M	41.15M	22.56M	10.93M

Key Ratios

Metric	2018	2019	2020	2021	2022	2023	2024
Return on Invested Capital (ROIC)	37.43%	40.72%	36.29%	37.28%	30.6%	9.96%	5.41%
Gross Margin	40.01%	40.91%	41.42%	44.32%	43.13%	37.78%	35.85%
Net Margin	1.92%	0.08%	5.27%	9.43%	10.18%	1.88%	-1.76%
Interest Coverage	1.26x	1.23x	1.74x	6.08x	7.90x	1.56x	0.81x
FCF Conversion	2.53x	82.37x	1.77x	1.34x	0.42x	0.24x	-4.60x
Revenue Growth	-	3.99%	19.83%	20.74%	16.32%	-7.1%	-8.34%

Frequently Asked Questions

Growth & Financials

Leslie's, Inc. (LESL) reported $1.25B in revenue for fiscal year 2024. This represents a 40% increase from $892.6M in 2018.

Leslie's, Inc. (LESL) saw revenue decline by 8.3% over the past year.

Leslie's, Inc. (LESL) reported a net loss of $84.1M for fiscal year 2024.

Dividend & Returns

Leslie's, Inc. (LESL) had negative free cash flow of $24.3M in fiscal year 2024, likely due to heavy capital investments.