Leslie's, Inc. (LESLQ) - Net Assets
Based on the latest financial reports, Leslie's, Inc. (LESLQ) has net assets worth $-492.74 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($722.19 Million) and total liabilities ($1.21 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See LESLQ equity financing ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-492.74 Million |
| % of Total Assets | -68.23% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Leslie's, Inc. - Net Assets Trend (2022–2025)
This chart illustrates how Leslie's, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Leslie's, Inc. (LESLQ) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Leslie's, Inc. (2022–2025)
The table below shows the annual net assets of Leslie's, Inc. from 2022 to 2025. For live market cap and overall valuation, see Leslie's, Inc. (LESLQ) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $-407.99 Million | -130.31% |
| 2024-09-30 | $-177.15 Million | -9.78% |
| 2023-09-30 | $-161.36 Million | +18.48% |
| 2022-09-30 | $-197.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Leslie's, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 23310700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $113.18 Million | % |
| Total Equity | $-407.99 Million | 100.00% |
Leslie's, Inc. Competitors by Market Cap
The table below lists competitors of Leslie's, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CANDELARIA MINING CORP
F:29LN
|
$262.83K |
|
NAHL Group PLC
LSE:NAH
|
$262.99K |
|
SMG EUROPEAN RECOV. EO 1
F:RCVR
|
$265.31K |
|
London Finance and Investment Group PLC
LSE:LFI
|
$266.47K |
|
VEGANO FOODS INC.
F:P0D0
|
$261.07K |
|
Parkmead Group PLC
LSE:PMG
|
$259.25K |
|
M Winkworth PLC
LSE:WINK
|
$259.15K |
|
Cadence Minerals PLC
LSE:KDNC
|
$256.51K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Leslie's, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -177,149,000 to -407,992,000, a change of -230,843,000.
- Net loss of 236,970,000 reduced equity.
- Other factors increased equity by 6,127,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-236.97 Million | -58.08% |
| Other Changes | $6.13 Million | +1.5% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Leslie's, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-09-30 | $-21.58 | $0.03 | x |
| 2023-09-30 | $-17.51 | $0.03 | x |
| 2024-09-30 | $-19.15 | $0.03 | x |
| 2025-09-30 | $-43.92 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Leslie's, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.08%
- • Asset Turnover: 1.67x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | 10.18% | 1.41x | 0.00x | $178.82 Million |
| 2023 | 0.00% | 1.88% | 1.40x | 0.00x | $43.38 Million |
| 2024 | 0.00% | -1.76% | 1.27x | 0.00x | $-5.66 Million |
| 2025 | 0.00% | -19.08% | 1.67x | 0.00x | $-196.17 Million |
Industry Comparison
This section compares Leslie's, Inc.'s net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $846,136,382
- Average return on equity (ROE) among peers: 41.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Leslie's, Inc. (LESLQ) | $-492.74 Million | 0.00% | N/A | $262.23K |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $11.42 Million | 85.41% | 3.81x | $39.95 Million |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $522.76 Million |
| Arko Corp (ARKO) | $217.91 Million | -2.67% | 2.71x | $461.08 Million |
| Academy Sports Outdoors Inc (ASO) | $1.47 Billion | 45.77% | 2.13x | $2.77 Billion |
| BARK, Inc. (BARK) | $170.54 Million | -36.07% | 1.35x | $72.45 Million |
| Build-A-Bear Workshop Inc (BBW) | $97.62 Million | 14.71% | 1.17x | $314.51 Million |
| Bath & Body Works Inc. (BBWI) | $-865.00 Million | 0.00% | 0.00x | $3.50 Billion |
| Best Buy Co. Inc (BBY) | $6.96 Billion | 18.91% | 1.63x | $17.28 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $100.46 Million | 30.69% | 2.62x | $33.00 Million |
| Barnes & Noble Education Inc (BNED) | $294.44 Million | 5.73% | 1.51x | $433.39 Million |
About Leslie's, Inc.
Leslie'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 also offers various pool and spa maintenance items, such as chemicals, equipment and parts, and cleaning accessories, as well as safety, recreational, and fitness related products. In addition, the company provides … Read more