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Leslies (Leslies) ROE % : 0.00% (As of Dec. 2023)


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What is Leslies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Leslies's annualized net income for the quarter that ended in Dec. 2023 was $-158 Mil. Leslies's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $-180 Mil. Therefore, Leslies's annualized ROE % for the quarter that ended in Dec. 2023 was N/A%.

The historical rank and industry rank for Leslies's ROE % or its related term are showing as below:

LESL' s ROE % Range Over the Past 10 Years
Min: Negative Equity   Med: Negative Equity   Max: Negative Equity
Current: Negative Equity

During the past 6 years, Leslies's highest ROE % was Negative Equity%. The lowest was Negative Equity%. And the median was Negative Equity%.

LESL's ROE % is ranked better than
99.91% of 1087 companies
in the Retail - Cyclical industry
Industry Median: 6.01 vs LESL: Negative Equity

Leslies ROE % Historical Data

The historical data trend for Leslies's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Leslies ROE % Chart

Leslies Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROE %
Get a 7-Day Free Trial Negative Equity Negative Equity Negative Equity Negative Equity Negative Equity

Leslies Quarterly Data
Sep18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - Negative Equity Negative Equity -

Competitive Comparison of Leslies's ROE %

For the Specialty Retail subindustry, Leslies's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Leslies's ROE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Leslies's ROE % distribution charts can be found below:

* The bar in red indicates where Leslies's ROE % falls into.



Leslies ROE % Calculation

Leslies's annualized ROE % for the fiscal year that ended in Sep. 2023 is calculated as

ROE %=Net Income (A: Sep. 2023 )/( (Total Stockholders Equity (A: Sep. 2022 )+Total Stockholders Equity (A: Sep. 2023 ))/ count )
=27.242/( (-197.951+-161.362)/ 2 )
=27.242/-179.6565
=Negative Equity %

Leslies's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-158.212/( (-161.362+-198.648)/ 2 )
=-158.212/-180.005
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Leslies  (NAS:LESL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-158.212/-180.005
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-158.212 / 695.84)*(695.84 / 1016.4775)*(1016.4775 / -180.005)
=Net Margin %*Asset Turnover*Equity Multiplier
=-22.74 %*0.6846*N/A
=ROA %*Equity Multiplier
=-15.57 %*N/A
=N/A %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-158.212/-180.005
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-158.212 / -214.164) * (-214.164 / -145.88) * (-145.88 / 695.84) * (695.84 / 1016.4775) * (1016.4775 / -180.005)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7387 * 1.4681 * -20.96 % * 0.6846 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Leslies ROE % Related Terms

Thank you for viewing the detailed overview of Leslies's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Leslies (Leslies) Business Description

Traded in Other Exchanges
Address
2005 East Indian School Road, Phoenix, AZ, USA, 85016
Leslies Inc is a direct-to-consumer pool and spa care brand offering a comprehensive assortment of products across chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness-related products. The company offers its products and services for Residential Pool, Residential Spa, Professional Pool, and Commercial Pool consumers. Geographically, it operates only in the United States.
Executives
Mike Africa officer: See Remarks 2005 E. INDIAN SCHOOL ROAD, PHOENIX AZ 85016
Dave Caspers officer: Chief Stores Officer 2005 E. INDIAN SCHOOL ROAD, PHOENIX AZ 85016
Naomi Cramer officer: Chief People Officer 2005 E. INDIAN SCHOOL ROAD, PHOENIX AZ 85016
Steven M Weddell officer: See Remarks C/O L CATTERTON, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Michael R. Egeck director, officer: Chief Executive Officer 71 STEVENSON STREET, 22ND FLOOR, SAN FRANCISCO CA 94105
Scott Justin Bowman officer: See Remarks 451 INDUSTRIAL LANE, BIRMINGHAM AL 35211
Bubbles Investor Aggregator, L.p. 10 percent owner 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Brad Gazaway officer: See Remarks 2005 E INDIAN SCHOOL RD, PHOENIX AZ 85016
Claire Spofford director 4 BATTERYMARCH PARK, QUINCY MA 02169
Moyo Labode officer: Chief Merchandising Officer 2005 E INDIAN SCHOOL RD, PHOENIX AZ 85016
Gic Private Ltd 10 percent owner 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Paula Baker officer: Chief Revenue Officer 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Ray James R Jr director COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Eric J Kufel director
John Strain director 2 FOLSOM STREET, SAN FRANCISCO CA 94105