Financial Snapshot

Revenue
$1.330B
TTM
Gross Margin
33.49%
TTM
Net Earnings
-$23.38M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
171.08%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$177.1M
Q3 2024
Cash
Q3 2024
P/E
-18.99
Nov 29, 2024 EST
Free Cash Flow
$60.22M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $1.330B $1.451B $1.562B $1.343B $1.112B $928.2M $892.6M
YoY Change -8.34% -7.1% 16.32% 20.74% 19.83% 3.99%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $1.330B $1.451B $1.562B $1.343B $1.112B $928.2M $892.6M
Cost Of Revenue $853.3M $903.0M $888.4M $747.8M $651.5M $548.5M $535.5M
Gross Profit $476.8M $548.2M $673.7M $595.2M $460.7M $379.7M $357.1M
Gross Profit Margin 35.85% 37.78% 43.13% 44.32% 41.42% 40.91% 40.01%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018
Selling, General & Admin $419.7M $446.0M $435.0M $386.1M $314.3M $258.2M $241.0M
YoY Change -5.91% 2.54% 12.67% 22.82% 21.76% 7.12%
% of Gross Profit 88.02% 81.36% 64.56% 64.87% 68.23% 67.98% 67.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.08M $29.80M $27.80M $26.60M $28.90M $27.90M $31.60M
YoY Change 11.0% 7.19% 4.51% -7.96% 3.58% -11.71%
% of Gross Profit 6.94% 5.44% 4.13% 4.47% 6.27% 7.35% 8.85%
Operating Expenses $419.7M $446.0M $435.0M $386.1M $314.3M $258.2M $240.9M
YoY Change -5.91% 2.54% 12.67% 22.82% 21.76% 7.16%
Operating Profit $57.12M $102.2M $238.8M $209.1M $146.4M $121.6M $116.2M
YoY Change -44.1% -57.2% 14.19% 42.84% 20.39% 4.64%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018
Interest Expense -$70.40M $65.44M $30.24M $34.41M $84.10M $98.58M -$91.70M
YoY Change -207.58% 116.4% -12.12% -59.08% -14.69% -207.5%
% of Operating Profit -123.25% 64.04% 12.67% 16.46% 57.45% 81.08% -78.92%
Other Income/Expense, Net $0.00 $0.00 -$397.0K -$2.377M -$1.089M -$7.453M -$1.800M
YoY Change -100.0% -83.3% 118.27% -85.39% 314.06%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018
Pretax Income -$13.28M $36.74M $208.1M $163.1M $61.19M $15.56M $22.10M
YoY Change -136.14% -82.35% 27.58% 166.6% 293.31% -29.61%
Income Tax $10.10M $9.499M $49.09M $36.50M $2.627M $14.86M $4.900M
% Of Pretax Income 25.85% 23.59% 22.37% 4.29% 95.49% 22.17%
Net Earnings -$23.38M $27.24M $159.0M $126.6M $58.56M $702.0K $17.10M
YoY Change -185.82% -82.87% 25.58% 116.24% 8242.02% -95.89%
Net Earnings / Revenue -1.76% 1.88% 10.18% 9.43% 5.27% 0.08% 1.92%
Basic Earnings Per Share -$0.13 $0.15 $0.86 $0.68 $0.37 $0.00
Diluted Earnings Per Share -$0.13 $0.15 $0.85 $0.67 $0.37 $0.00 $91.64K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $108.5M $55.40M $112.3M $343.5M $157.1M $90.90M $77.60M
YoY Change 95.86% -50.66% -67.31% 118.65% 72.83% 17.14%
Cash & Equivalents $108.5M $55.40M $112.3M $343.5M $157.1M $90.90M $77.60M
Short-Term Investments
Other Short-Term Assets $34.18M $23.60M $23.10M $20.56M $34.60M $7.600M $5.800M
YoY Change 44.83% 2.15% 12.35% -40.57% 355.26% 31.03%
Inventory $234.3M $311.8M $361.7M $198.8M $149.0M $149.7M $143.2M
Prepaid Expenses
Receivables $45.47M $23.50M $40.74M $38.86M $31.50M $33.90M $28.70M
Other Receivables $0.00 $5.900M $4.553M $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $422.4M $420.3M $542.4M $601.7M $372.1M $282.1M $255.3M
YoY Change 0.51% -22.51% -9.86% 61.71% 31.9% 10.5%
Property, Plant & Equipment $368.9M $341.7M $314.6M $282.6M $244.0M $78.50M $80.30M
YoY Change 7.97% 8.63% 11.3% 15.83% 210.83% -2.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $43.83M $53.50M $38.99M $28.88M $9.100M $1.400M $5.900M
YoY Change -18.08% 37.22% 34.99% 217.38% 550.0% -76.27%
Total Long-Term Assets $627.9M $614.1M $567.3M $440.5M $374.3M $197.6M $197.9M
YoY Change 2.25% 8.26% 28.77% 17.69% 89.42% -0.15%
Total Assets $1.050B $1.034B $1.110B $1.042B $746.4M $479.7M $453.2M
YoY Change
Accounts Payable $67.62M $58.60M $156.5M $101.0M $92.40M $68.30M $61.60M
YoY Change 15.4% -62.55% 54.97% 9.26% 35.29% 10.88%
Accrued Expenses $170.1M $120.8M $134.7M $146.8M $130.8M $62.20M $43.60M
YoY Change 40.79% -10.33% -8.25% 12.25% 110.29% 42.66%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $8.100M $8.100M $8.100M $8.100M $8.300M $8.300M $8.300M
YoY Change 0.0% 0.0% 0.0% -2.41% 0.0% 0.0%
Total Short-Term Liabilities $247.3M $225.8M $348.0M $309.7M $258.2M $165.5M $137.2M
YoY Change 9.53% -35.11% 12.35% 19.95% 56.01% 20.63%
Long-Term Debt $769.1M $773.3M $779.7M $160.0M $1.180B $1.187B $1.190B
YoY Change -0.55% -0.82% 387.22% -86.43% -0.58% -0.25%
Other Long-Term Liabilities $211.1M $196.7M $179.9M $790.0M $135.7M $13.80M $14.40M
YoY Change 7.32% 9.34% -77.23% 482.2% 883.33% -4.17%
Total Long-Term Liabilities $980.2M $970.0M $959.6M $950.1M $1.315B $1.200B $1.204B
YoY Change 1.05% 1.08% 1.01% -27.77% 9.58% -0.3%
Total Liabilities $1.227B $1.196B $1.308B $1.260B $1.573B $1.367B $1.342B
YoY Change 2.65% -8.55% 3.79% -19.93% 15.09% 1.86%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 184.7M 183.8M 184.3M 185.4M 156.5M 156.5M
Diluted Shares Outstanding 184.7M 184.7M 186.1M 190.0M 156.5M 156.5M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $443.93 Million

About Leslie's, Inc.

Leslie's, Inc. engages in the provision of direct-to-consumer pool and spa care services. The company is headquartered in Phoenix, Arizona and currently employs 4,100 full-time employees. The company went IPO on 2020-10-29. The firm serves the aftermarket needs of residential and professional consumers with an assortment of essential pool and spa care products. More than 80% of its assortment is comprised of non-discretionary products essential to the care of residential and commercial pools and spas. The firm's assortment includes chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness-related products. The company also offers essential services, such as equipment installation and repair for residential consumers and professional pool operators. The firm offers complimentary, commercial-grade in-store water testing and analysis via its AccuBlue system. The company operates an integrated platform consisting of locations, distribution centers and e-commerce websites. The firm's portfolio of e-commerce websites includes Leslie's and In the Swim.

Industry: Retail-Retail Stores, NEC Peers: Academy Sports & Outdoors, Inc. Bath & Body Works, Inc. FIVE BELOW, INC DICK'S SPORTING GOODS, INC. Warby Parker Inc. National Vision Holdings, Inc. ODP Corp Petco Health & Wellness Company, Inc. TRACTOR SUPPLY CO /DE/