← Leslie's, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current assets: | |||||||
| Cash and Cash Equivalents, at Carrying Value | $157.1m | $345.1m | $112.3m | $55.4m | $108.5m | $64.3m | |
| Prepaid Expense and Other Assets, Current | — | $20.6m | $23.1m | $23.6m | $34.2m | $33.2m | |
| Accounts and other receivables, net | $31.5m | $38.9m | $45.3m | $29.4m | $45.5m | $23.2m | |
| Inventories, net | $149.0m | $198.8m | $361.7m | $311.8m | $234.3m | $208.0m | |
| Prepaid expenses and other current assets | $22.7m | $20.6m | $23.1m | $23.6m | $34.2m | $33.2m | |
| Accounts Receivable | — | — | $42.3m | $25.2m | $43.0m | $20.7m | |
| Cash Cash Equivalents And Short Term Investments | — | — | $112.3m | $55.4m | $108.5m | $64.3m | |
| Other Current Assets | — | — | $12.4m | $5.9m | $9.4m | $10.9m | |
| Other Receivables | — | — | $4.6m | $5.9m | $4.7m | $4.7m | |
| Prepaid Assets | — | — | $10.7m | $17.7m | $24.7m | $19.0m | |
| Receivables Adjustments Allowances | — | — | ($1.5m) | ($1.7m) | ($2.2m) | ($2.2m) | |
| Taxes Receivable | — | — | — | — | $0 | $3.3m | |
| Inventory, Net | — | $198.8m | $361.7m | $311.8m | $234.3m | $208.0m | |
| Assets, Current | — | $603.3m | $542.4m | $420.3m | $422.4m | $328.8m | |
| Total current assets | $360.2m | $603.3m | $542.4m | $420.3m | $422.4m | $328.8m | |
| Property, Plant and Equipment, Net | $66.4m | $70.3m | $78.1m | $90.3m | $98.4m | $92.5m | |
| Goodwill | — | $101.1m | $173.5m | $180.7m | $180.7m | $0 | |
| Intangible Assets, Net (Excluding Goodwill) | — | $27.9m | $40.2m | $38.2m | $34.4m | $30.7m | |
| Goodwill and other intangibles, net | $121.2m | $129.0m | $213.7m | $218.9m | $215.1m | $30.7m | |
| Goodwill And Other Intangible Assets | — | — | $213.7m | $218.9m | $215.1m | $30.7m | |
| Other Intangible Assets | — | — | $40.2m | $38.2m | $34.4m | $30.7m | |
| Operating Lease, Right-of-Use Asset | — | $212.3m | $236.5m | $251.5m | $270.5m | $253.0m | |
| Other Assets, Noncurrent | $14.4m | $25.1m | $37.7m | $46.0m | $39.7m | $36.4m | |
| Operating lease right-of-use assets | $177.7m | $212.3m | $236.5m | $251.5m | $270.5m | $253.0m | |
| Additional Financial Items | |||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | — | $38.9m | $45.3m | $29.4m | $45.5m | $23.2m | |
| Deferred tax assets | $6.6m | $3.7m | $1.3m | $7.6m | $4.2m | $0 | |
| Accrued expenses and other current liabilities | — | — | — | $90.6m | $106.7m | $82.4m | |
| Operating lease liabilities | $54.5m | $61.1m | $60.4m | $62.8m | $63.4m | $74.7m | |
| Income taxes payable | $1.9m | $6.9m | $12.5m | $5.8m | $1.1m | $0 | |
| Operating lease liabilities, noncurrent | $130.2m | $160.0m | $179.8m | $193.2m | $209.1m | $185.1m | |
| Retained deficit | ($549.1m) | ($422.5m) | ($288.1m) | ($260.8m) | ($284.2m) | ($521.2m) | |
| Accumulated Depreciation | — | — | ($342.9m) | ($359.9m) | ($287.0m) | ($311.1m) | |
| Buildings And Improvements | — | — | $10.1m | $10.1m | $10.1m | $10.3m | |
| Capital Lease Obligations | — | — | $240.2m | $256.0m | $272.4m | $259.8m | |
| Construction In Progress | — | — | $5.7m | $12.4m | $9.9m | $5.8m | |
| Current Accrued Expenses | — | — | $73.3m | $58.2m | $77.6m | $49.6m | |
| Current Capital Lease Obligation | — | — | $60.4m | $62.8m | $63.4m | $74.7m | |
| Current Debt | — | $8.1m | $8.1m | $8.1m | $8.1m | — | |
| Current Debt And Capital Lease Obligation | — | — | $68.5m | $70.9m | $71.5m | $74.7m | |
| Current Deferred Liabilities | — | — | $18.8m | $14.1m | $11.6m | $13.6m | |
| Current Provisions | — | — | $9.3m | $9.1m | $9.3m | $10.1m | |
| Finished Goods | — | — | $352.6m | $308.8m | $230.9m | $206.0m | |
| Gross PPE | — | — | $657.4m | $701.7m | $655.9m | $656.6m | |
| Interest Payable | — | — | $342k | $581k | $5.5m | $998k | |
| Invested Capital | — | — | $589.9m | $620.0m | $600.0m | $344.1m | |
| Land And Improvements | — | — | $5.8m | $5.4m | $5.4m | $5.4m | |
| Leases | — | — | $187.9m | $201.0m | $199.4m | $207.8m | |
| Long Term Capital Lease Obligation | — | — | $179.8m | $193.2m | $209.1m | $185.1m | |
| Machinery Furniture Equipment | — | — | $211.4m | $221.4m | $160.1m | $172.5m | |
| Net Debt | — | — | $675.5m | $726.0m | $668.7m | $687.7m | |
| Net PPE | — | — | $314.6m | $341.7m | $368.9m | $345.5m | |
| Net Tangible Assets | — | — | ($411.7m) | ($380.2m) | ($392.3m) | ($438.7m) | |
| Non Current Deferred Assets | — | — | $1.3m | $7.6m | $4.2m | $0 | |
| Non Current Deferred Liabilities | — | — | — | — | $0 | $287k | |
| Non Current Deferred Taxes Assets | — | — | $1.3m | $7.6m | $4.2m | $0 | |
| Ordinary Shares Number | — | — | $9.2m | $9.2m | $9.2m | $9.3m | |
| Other Current Borrowings | — | $8.1m | $8.1m | $8.1m | $8.1m | — | |
| Other Current Liabilities | — | $6.7m | $5.5m | — | — | — | |
| Other Non Current Assets | — | — | $37.7m | $46.0m | $39.7m | $36.4m | |
| Other Non Current Liabilities | — | — | $65k | $3.5m | $2.4m | $3.0m | |
| Other Properties | — | — | $236.5m | $251.5m | $271.1m | $254.8m | |
| Properties | — | — | $0 | $0 | $0 | $0 | |
| Raw Materials | — | — | $9.1m | $3.1m | $3.4m | $2.0m | |
| Share Issued | — | — | $9.2m | $9.2m | $9.2m | $9.3m | |
| Tangible Book Value | — | — | ($411.7m) | ($380.2m) | ($392.3m) | ($438.7m) | |
| Working Capital | — | — | $194.4m | $194.5m | $175.5m | $119.7m | |
| Accrued Liabilities, Current | — | — | — | — | $106.7m | $82.4m | |
| Total stockholders’ deficit | ($827.0m) | ($217.6m) | ($198.0m) | ($161.4m) | ($177.1m) | ($408.0m) | |
| Total Capitalization | — | — | $581.8m | $611.9m | $591.9m | $344.1m | |
| Total Debt | — | — | $1.0b | $1.0b | $1.0b | $1.0b | |
| Total Non Current Assets | — | — | $567.3m | $614.1m | $627.9m | $412.7m | |
| Total Tax Payable | — | — | $21.6m | $14.9m | $9.4m | $9.1m | |
| Assets | $746.4m | $1.0b | $1.1b | $1.0b | $1.1b | $741.5m | |
| LIABILITIES AND EQUITY | |||||||
| Total liabilities and stockholders’ deficit | $746.4m | $1.0b | $1.1b | $1.0b | $1.1b | $741.5m | |
| Current liabilities: | |||||||
| Operating Lease, Liability, Current | — | $61.1m | $60.4m | $62.8m | $63.4m | $74.7m | |
| Accounts Payable, Current | — | $101.0m | $156.5m | $58.6m | $67.6m | $51.9m | |
| Long-term Debt, Current Maturities | — | $8.1m | $8.1m | $8.1m | $8.1m | $0 | |
| Operating Lease, Liability, Noncurrent | — | $160.0m | $179.8m | $193.2m | $209.1m | $185.1m | |
| Long-term Debt, Excluding Current Maturities | — | $786.1m | $779.7m | $773.3m | $769.1m | $752.1m | |
| Current portion of long-term debt | $8.3m | $8.1m | $8.1m | $8.1m | $8.1m | $0 | |
| Current Deferred Revenue | — | — | $18.8m | $14.1m | $11.6m | $13.6m | |
| Payables And Accrued Expenses | — | — | $251.4m | $131.7m | $154.6m | $110.6m | |
| Liabilities, Current | — | $311.3m | $348.0m | $225.8m | $246.9m | $209.1m | |
| Total current liabilities | $258.2m | $311.3m | $348.0m | $225.8m | $246.9m | $209.1m | |
| Deferred Income Tax Liabilities, Net | — | — | — | — | — | $287k | |
| Other Liabilities, Noncurrent | — | $3.9m | $65k | $3.5m | $2.4m | $3.0m | |
| Deferred tax liabilities | — | — | — | — | $0 | $287k | |
| Long-term debt, net | $1.2b | $786.1m | $779.7m | $773.3m | $769.1m | $752.1m | |
| Other long-term liabilities | $5.5m | $3.9m | $65k | $3.5m | $2.4m | $3.0m | |
| Long Term Debt And Capital Lease Obligation | — | — | $959.6m | $966.5m | $978.1m | $937.1m | |
| Non Current Deferred Taxes Liabilities | — | — | — | — | $0 | $287k | |
| Liabilities | $1.6b | $1.3b | $1.3b | $1.2b | $1.2b | $1.1b | |
| Stockholders’ equity: | |||||||
| Common Stock, Value, Issued | — | $190k | $183k | $184k | $185k | $9k | |
| Retained Earnings (Accumulated Deficit) | — | ($422.5m) | ($288.1m) | ($260.8m) | ($284.2m) | ($521.2m) | |
| Additional Paid in Capital, Common Stock | ($278.1m) | $204.7m | $89.9m | $99.3m | $106.9m | $113.2m | |
| Common stock, $0.001 par value, 50,000,000 shares authorized and 9,290,311 and 9,248,464 issued and outstanding as of October 4, 2025 and September 28, 2024. | 157k | 190k | 183k | 184k | 185k | 9k | |
| Capital Stock | — | — | $183k | $184k | $9k | $9k | |
| Stockholders' Equity Attributable to Parent | — | ($217.6m) | ($198.0m) | ($161.4m) | ($177.1m) | ($408.0m) | |
| Total Equity Gross Minority Interest | — | — | ($198.0m) | ($161.4m) | ($177.1m) | ($408.0m) | |
| Total Non Current Liabilities Net Minority Interest | — | — | $959.6m | $970.0m | $980.6m | $940.4m | |
| Liabilities and Equity | — | $1.0b | $1.1b | $1.0b | $1.1b | $741.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.