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Side-by-side financial comparison of FIRST COMMONWEALTH FINANCIAL CORP (FCF) and Leslie's, Inc. (LESL). Click either name above to swap in a different company.

Leslie's, Inc. is the larger business by last-quarter revenue ($147.1M vs $133.7M, roughly 1.1× FIRST COMMONWEALTH FINANCIAL CORP). FIRST COMMONWEALTH FINANCIAL CORP runs the higher net margin — 28.1% vs -56.4%, a 84.5% gap on every dollar of revenue. On growth, FIRST COMMONWEALTH FINANCIAL CORP posted the faster year-over-year revenue change (13.0% vs -16.0%). Over the past eight quarters, FIRST COMMONWEALTH FINANCIAL CORP's revenue compounded faster (5.5% CAGR vs -11.7%).

First Commonwealth Financial Corp is a Pennsylvania-based regional financial services holding company. It offers consumer and commercial banking products, loans, wealth management, and insurance services for individuals, small and mid-sized enterprises across central and western Pennsylvania and Ohio.

Leslie's, Inc., operating as Leslie's Swimming Pool Supplies, is the largest retailer of swimming pool supplies and related products. The company is headquartered in Phoenix, Arizona, and has a particularly strong retail presence in Arizona, California, Florida, Georgia and Texas.

FCF vs LESL — Head-to-Head

Bigger by revenue
LESL
LESL
1.1× larger
LESL
$147.1M
$133.7M
FCF
Growing faster (revenue YoY)
FCF
FCF
+29.0% gap
FCF
13.0%
-16.0%
LESL
Higher net margin
FCF
FCF
84.5% more per $
FCF
28.1%
-56.4%
LESL
Faster 2-yr revenue CAGR
FCF
FCF
Annualised
FCF
5.5%
-11.7%
LESL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FCF
FCF
LESL
LESL
Revenue
$133.7M
$147.1M
Net Profit
$37.5M
$-83.0M
Gross Margin
18.4%
Operating Margin
-46.7%
Net Margin
28.1%
-56.4%
Revenue YoY
13.0%
-16.0%
Net Profit YoY
14.8%
-86.2%
EPS (diluted)
$0.37
$-8.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FCF
FCF
LESL
LESL
Q1 26
$133.7M
$147.1M
Q4 25
$137.9M
$389.2M
Q3 25
$136.0M
Q2 25
$131.0M
$500.3M
Q1 25
$118.0M
$177.1M
Q4 24
$120.4M
$175.2M
Q3 24
$121.2M
$397.9M
Q2 24
$120.2M
$569.6M
Net Profit
FCF
FCF
LESL
LESL
Q1 26
$37.5M
$-83.0M
Q4 25
$44.9M
$-162.8M
Q3 25
$41.3M
Q2 25
$33.4M
$21.7M
Q1 25
$32.7M
$-51.3M
Q4 24
$35.8M
$-44.6M
Q3 24
$32.1M
$-9.9M
Q2 24
$37.1M
$60.6M
Gross Margin
FCF
FCF
LESL
LESL
Q1 26
18.4%
Q4 25
38.6%
Q3 25
Q2 25
39.6%
Q1 25
24.8%
Q4 24
27.2%
Q3 24
36.0%
Q2 24
40.2%
Operating Margin
FCF
FCF
LESL
LESL
Q1 26
-46.7%
Q4 25
40.9%
-38.6%
Q3 25
38.1%
Q2 25
32.1%
13.7%
Q1 25
34.8%
-27.3%
Q4 24
37.1%
-22.7%
Q3 24
33.4%
6.6%
Q2 24
38.7%
17.2%
Net Margin
FCF
FCF
LESL
LESL
Q1 26
28.1%
-56.4%
Q4 25
32.5%
-41.8%
Q3 25
30.4%
Q2 25
25.5%
4.3%
Q1 25
27.7%
-29.0%
Q4 24
29.8%
-25.4%
Q3 24
26.5%
-2.5%
Q2 24
30.9%
10.6%
EPS (diluted)
FCF
FCF
LESL
LESL
Q1 26
$0.37
$-8.92
Q4 25
$0.44
$-20.59
Q3 25
$0.39
Q2 25
$0.32
$0.12
Q1 25
$0.32
$-0.28
Q4 24
$0.35
$-4.82
Q3 24
$0.31
$-2.46
Q2 24
$0.36
$0.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FCF
FCF
LESL
LESL
Cash + ST InvestmentsLiquidity on hand
$3.6M
Total DebtLower is stronger
$154.9M
$781.6M
Stockholders' EquityBook value
$1.6B
$-489.9M
Total Assets
$12.3B
$649.4M
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCF
FCF
LESL
LESL
Q1 26
$3.6M
Q4 25
$64.3M
Q3 25
Q2 25
$42.7M
Q1 25
$17.3M
Q4 24
$11.6M
Q3 24
$108.5M
Q2 24
$74.4M
Total Debt
FCF
FCF
LESL
LESL
Q1 26
$154.9M
$781.6M
Q4 25
$261.7M
$756.6M
Q3 25
$262.1M
Q2 25
$262.4M
$776.6M
Q1 25
$262.7M
$858.1M
Q4 24
$263.0M
$796.6M
Q3 24
$136.3M
$783.7M
Q2 24
$136.6M
$783.7M
Stockholders' Equity
FCF
FCF
LESL
LESL
Q1 26
$1.6B
$-489.9M
Q4 25
$1.6B
$-408.0M
Q3 25
$1.5B
Q2 25
$1.5B
$-246.2M
Q1 25
$1.4B
$-269.5M
Q4 24
$1.4B
$-220.0M
Q3 24
$1.4B
$-177.1M
Q2 24
$1.4B
$-168.2M
Total Assets
FCF
FCF
LESL
LESL
Q1 26
$12.3B
$649.4M
Q4 25
$12.3B
$741.5M
Q3 25
$12.3B
Q2 25
$12.2B
$989.5M
Q1 25
$11.8B
$1.0B
Q4 24
$11.6B
$967.0M
Q3 24
$12.0B
$1.1B
Q2 24
$11.6B
$1.1B
Debt / Equity
FCF
FCF
LESL
LESL
Q1 26
0.10×
Q4 25
0.17×
Q3 25
0.17×
Q2 25
0.17×
Q1 25
0.18×
Q4 24
0.19×
Q3 24
0.10×
Q2 24
0.10×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FCF
FCF
LESL
LESL
Operating Cash FlowLast quarter
$-81.1M
Free Cash FlowOCF − Capex
$-85.5M
FCF MarginFCF / Revenue
-58.1%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCF
FCF
LESL
LESL
Q1 26
$-81.1M
Q4 25
$187.5M
$48.2M
Q3 25
$49.5M
Q2 25
$30.4M
$114.9M
Q1 25
$55.9M
$-49.2M
Q4 24
$129.5M
$-105.1M
Q3 24
$53.6M
$47.1M
Q2 24
$22.7M
$175.5M
Free Cash Flow
FCF
FCF
LESL
LESL
Q1 26
$-85.5M
Q4 25
$171.5M
$41.8M
Q3 25
Q2 25
$107.1M
Q1 25
$-55.8M
Q4 24
$113.9M
$-109.8M
Q3 24
$34.1M
Q2 24
$165.2M
FCF Margin
FCF
FCF
LESL
LESL
Q1 26
-58.1%
Q4 25
124.3%
10.7%
Q3 25
Q2 25
21.4%
Q1 25
-31.5%
Q4 24
94.6%
-62.6%
Q3 24
8.6%
Q2 24
29.0%
Capex Intensity
FCF
FCF
LESL
LESL
Q1 26
2.9%
Q4 25
11.7%
1.7%
Q3 25
Q2 25
1.6%
Q1 25
3.7%
Q4 24
12.9%
2.7%
Q3 24
3.2%
Q2 24
1.8%
Cash Conversion
FCF
FCF
LESL
LESL
Q1 26
Q4 25
4.18×
Q3 25
1.20×
Q2 25
0.91×
5.29×
Q1 25
1.71×
Q4 24
3.61×
Q3 24
1.67×
Q2 24
0.61×
2.89×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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