Leslie's annual operating margin
2019
2020
2021
2022
2023
2024
2025
Leslie's Operating Margin Growth & History (LESL)
Leslie's's operating margin was −13.68% for fiscal 2025.
View full Leslie's company overviewLeslie's annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-10-04 | −13.68% | −17.97 pp |
| 2024 | 2024-09-28 | 4.29% | −2.75 pp |
| 2023 | 2023-09-30 | 7.04% | −8.24 pp |
| 2022 | 2022-10-01 | 15.28% | −0.29 pp |
| 2021 | 2021-10-02 | 15.57% | +2.41 pp |
| 2020 | 2020-10-03 | 13.16% | +0.06 pp |
| 2019 | 2019-09-28 | 13.10% | — |
Leslie's quarterly operating margin
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-07-04 | 13.41% | −0.25 pp |
| Q2 2026 | 2026-04-04 | −20.40% | +6.91 pp |
| Q1 2026 | 2026-01-03 | −46.73% | −24.07 pp |
| Q4 2025 | 2025-10-04 | −38.56% | −45.20 pp |
| Q3 2025 | 2025-06-28 | 13.65% | −3.50 pp |
| Q2 2025 | 2025-03-29 | −27.31% | −11.13 pp |
| Q1 2025 | 2024-12-28 | −22.66% | −1.69 pp |
| Q4 2024 | 2024-09-28 | 6.64% | −2.27 pp |
| Q3 2024 | 2024-06-29 | 17.15% | −1.81 pp |
| Q2 2024 | 2024-03-30 | −16.18% | −4.35 pp |
| Q1 2024 | 2023-12-30 | −20.96% | −7.13 pp |
| Q4 2023 | 2023-09-30 | 8.91% | −8.55 pp |
| Q3 2023 | 2023-07-01 | 18.96% | −6.60 pp |
| Q2 2023 | 2023-04-01 | −11.83% | −10.08 pp |
| Q1 2023 | 2022-12-31 | −13.83% | −7.08 pp |
| Q4 2022 | 2022-10-01 | 17.47% | +1.05 pp |
| Q3 2022 | 2022-07-02 | 25.55% | −2.35 pp |
| Q2 2022 | 2022-04-02 | −1.75% | −2.43 pp |
| Q1 2022 | 2022-01-01 | −6.75% | +11.03 pp |
| Q4 2021 | 2021-10-02 | 16.41% | −1.75 pp |
| Q3 2021 | 2021-07-03 | 27.90% | +4.65 pp |
| Q2 2021 | 2021-04-03 | 0.68% | +13.45 pp |
| Q1 2021 | 2021-01-02 | −17.77% | −2.61 pp |
| Q4 2020 | 2020-10-03 | 18.16% | — |
| Q3 2020 | 2020-06-27 | 23.25% | — |
| Q2 2020 | 2020-03-28 | −12.77% | — |
| Q1 2020 | 2019-12-28 | −15.16% | — |
Leslie's operating margin trends
Over the last five reported fiscal years, Leslie's's operating margin decreased from 13.16% to −13.68%, a change of −26.84 percentage points. The latest reported quarter, Q3 2026, shows 13.41%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Leslie's filings at SEC.gov ↗