Overview Dividends

(LESL) Leslies - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US5270641096

Chemicals, Equipment, Accessories, Installation, Testing

Other Specialty Retail
Market Cap in USD: 17m

IPO / Inception: 2020-10-29
Return 12m vs S&P 500: -96.7%

EPS (Earnings per Share)

EPS CAGR: 15.55%
EPS Trend: 14.6%

Last SUE: 0.03
Qual. Beats: 0

Revenue

Rev. CAGR: 21.97%
Rev. Trend: 4.7%

Last SUE: 2.23
Qual. Beats: 1

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	91.9%
Value at Risk 5%th	140%
Relative Tail Risk	-7.37%

Reward TTM
Sharpe Ratio	-2.54
Alpha	-114.21
CAGR/Max DD	-0.82

Character TTM
Hurst Exponent	0.518
Beta	1.045
Beta Downside	0.399

Drawdowns 3y
Max DD	99.51%
Mean DD	71.67%
Median DD	76.14%

Description: LESL Leslies December 23, 2025

Leslie’s, Inc. (NASDAQ: LESL) is a U.S.-based direct-to-consumer retailer that sells pool and spa chemicals, equipment, parts, cleaning accessories, and related safety, recreational, and fitness products. The company also offers installation, repair, and complimentary commercial-grade water-testing services, serving residential, professional, and commercial customers through its own e-commerce sites and third-party marketplaces.

From the most recent quarterly filing (Q3 2024), Leslie’s reported revenue of $374 million, representing a 6.2% year-over-year increase, driven primarily by a 12% rise in e-commerce sales, which now account for roughly 38% of total revenue. Gross margin expanded to 45.3% versus 44.1% in the prior year, reflecting improved product mix and cost-control in supply chain logistics. The company’s operating cash flow stood at $58 million, supporting a modest dividend of $0.20 per share and a share-repurchase program.

Key macro drivers for Leslie’s include the continued strength of the U.S. residential construction market (housing starts up 4% YoY in Q3 2024) and elevated consumer spending on home improvement, which historically correlates with higher pool-ownership rates. Seasonal weather patterns and regional climate trends also affect demand: warmer, longer summers in the Sun Belt boost sales, while water-conservation regulations in drought-prone states can suppress chemical usage. The broader specialty-retail sector faces pressure from inflation-adjusted labor costs, but Leslie’s low-price-elastic product mix (e.g., consumables) tends to be more resilient.

For a deeper quantitative dive into Leslie’s valuation metrics and scenario analysis, you may find ValueRay’s platform useful-its data-rich dashboards can help you assess the stock’s risk-adjusted upside without any commitment.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (-237.0m TTM) > 0 and > 6% of Revenue (6% = 74.5m TTM)

FCFTA -0.02 (>2.0%) and ΔFCFTA -7.98pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 9.64% (prev 13.20%; Δ -3.55pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.01 (>3.0%) and CFO 8.82m > Net Income -237.0m (YES >=105%, WARN >=100%)

NO Net Debt/EBITDA fails (EBITDA <= 0)

Current Ratio 1.57 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (9.28m) change vs 12m ago 0.39% (target <= -2.0% for YES)

Gross Margin 35.40% (prev 35.85%; Δ -0.44pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 138.6% (prev 126.6%; Δ 11.98pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -2.83 (EBITDA TTM -169.9m / Interest Expense TTM 62.9m) >= 6 (WARN >= 3)

Altman Z'' -3.05

(A) 0.16 = (Total Current Assets 328.8m - Total Current Liabilities 209.1m) / Total Assets 741.5m

(B) -0.70 = Retained Earnings (Balance) -521.2m / Total Assets 741.5m

(D) -0.45 = Book Value of Equity -521.2m / Total Liabilities 1.15b

Total Rating: -3.05 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 32.72

1. Piotroski 3.0pt

2. FCF Yield -1.73%

3. FCF Margin -1.34%

4. Debt/Equity -2.48

5. Debt/Ebitda -5.58

6. ROIC - WACC (= -36.29)%

7. RoE 82.88%

8. Rev. Trend 4.70%

9. EPS Trend 14.63%

What is the price of LESL shares?

As of December 29, 2025, the stock is trading at USD 1.67 with a total of 133,141 shares traded.
Over the past week, the price has changed by -4.57%, over one month by -43.77%, over three months by -74.92% and over the past year by -96.10%.

Is LESL a buy, sell or hold?

Leslies has received a consensus analysts rating of 3.08. Therefor, it is recommend to hold LESL.

Strong Buy: 1
Buy: 0
Hold: 10
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the LESL price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	5.5	231.1%
Analysts Target Price	5.5	231.1%
ValueRay Target Price	2	19.8%

LESL Fundamental Data Overview December 23, 2025

Market Cap USD = 16.7m (16.7m USD * 1.0 USD.USD)
P/S = 0.0135
Beta = 1.321
Revenue TTM = 1.24b USD
EBIT TTM = -178.2m USD
EBITDA TTM = -169.9m USD
Long Term Debt = 752.1m USD (from longTermDebt, last quarter)
Short Term Debt = 74.7m USD (from shortTermDebt, last quarter)
Debt = 1.01b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 947.5m USD (from netDebt column, last quarter)
Enterprise Value = 964.2m USD (16.7m + Debt 1.01b - CCE 64.3m)
Interest Coverage Ratio = -2.83 (Ebit TTM -178.2m / Interest Expense TTM 62.9m)
FCF Yield = -1.73% (FCF TTM -16.7m / Enterprise Value 964.2m)
FCF Margin = -1.34% (FCF TTM -16.7m / Revenue TTM 1.24b)
Net Margin = -19.08% (Net Income TTM -237.0m / Revenue TTM 1.24b)
Gross Margin = 35.40% ((Revenue TTM 1.24b - Cost of Revenue TTM 802.3m) / Revenue TTM)
Gross Margin QoQ = 38.56% (prev 39.55%)
Tobins Q-Ratio = 1.30 (Enterprise Value 964.2m / Total Assets 741.5m)
Interest Expense / Debt = 1.53% (Interest Expense 15.5m / Debt 1.01b)
Taxrate = 1.68% (-2.77m / -165.6m)
NOPAT = -175.3m (EBIT -178.2m * (1 - 1.68%)) [loss with tax shield]
Current Ratio = 1.57 (Total Current Assets 328.8m / Total Current Liabilities 209.1m)
Debt / Equity = -2.48 (negative equity) (Debt 1.01b / totalStockholderEquity, last quarter -408.0m)
Debt / EBITDA = -5.58 (negative EBITDA) (Net Debt 947.5m / EBITDA -169.9m)
Debt / FCF = -56.84 (negative FCF - burning cash) (Net Debt 947.5m / FCF TTM -16.7m)
Total Stockholder Equity = -285.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -31.96% (Net Income -237.0m / Total Assets 741.5m)
RoE = 82.88% (negative equity) (Net Income TTM -237.0m / Total Stockholder Equity -285.9m)
RoCE = -38.24% (EBIT -178.2m / Capital Employed (Equity -285.9m + L.T.Debt 752.1m))
RoIC = -34.65% (negative operating profit) (NOPAT -175.3m / Invested Capital 505.8m)
WACC = 1.64% (E(16.7m)/V(1.03b) * Re(9.87%) + D(1.01b)/V(1.03b) * Rd(1.53%) * (1-Tc(0.02)))
Discount Rate = 9.87% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.35%
Fair Price DCF = unknown (Cash Flow -16.7m)
EPS Correlation: 14.63 | EPS CAGR: 15.55% | SUE: 0.03 | # QB: 0
Revenue Correlation: 4.70 | Revenue CAGR: 21.97% | SUE: 2.23 | # QB: 1
EPS next Quarter (2026-03-31): EPS=-4.61 | Chg30d=+0.123 | Revisions Net=+1 | Analysts=8
EPS current Year (2026-09-30): EPS=-1.85 | Chg30d=+0.004 | Revisions Net=+2 | Growth EPS=+60.6% | Growth Revenue=-4.4%
EPS next Year (2027-09-30): EPS=-0.51 | Chg30d=-0.559 | Revisions Net=+0 | Growth EPS=+72.5% | Growth Revenue=+2.8%

Additional Sources for LESL Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle