Leslie's, Inc. (LESL) intrinsic value & 10-year financials
Leslie's, Inc. (LESL) has a Graham intrinsic value of $2.39 per share. Over the last 8 fiscal years revenue grew 5.0% a year to $1.2B, with an average return on invested capital of 14.9%.
- Graham intrinsic value
- $2.39
- Revenue (FY2025)
- $1.2B
- Revenue growth (8-yr CAGR)
- 5.0%
- ROIC (10-yr avg)
- 14.9%
- Free cash flow (FY2025)
- -$16.7M
LESL 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.2B | -$237.0M | -$25.57 | -$16.7M | -13.7% | -29.1% |
| FY2024 | $1.3B | -$23.4M | -$0.13 | $60.2M | 4.3% | 7.8% |
| FY2023 | $1.5B | $27.2M | $0.15 | -$32.1M | 7.0% | 10.7% |
| FY2022 | $1.6B | $159.0M | $0.85 | $34.9M | 15.3% | 34.8% |
| FY2021 | $1.3B | $126.6M | $0.67 | $140.6M | 15.6% | 44.7% |
| FY2020 | $1.1B | $58.6M | $0.37 | $82.8M | 13.2% | 41.9% |
| FY2019 | $928.2M | $702.0K | $0.00 | $30.4M | 13.1% | -6.8% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Leslie's, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Leslie's, Inc. returns on capital have been average, hovering around 14.9% ROIC over the decade.
Leslie's, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Leslie's, Inc. is modeled at 5.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $2.39 per share.