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Comparisons of atmospheric retrievals can reveal powerful insights on the strengths and limitations of our data and modeling tools. In this paper, we examine a sample of five L dwarfs of similar effective temperature (T_eff) or spectral type to compare their pressure–temperature (P-T) profiles. Additionally, we explore the impact of an object’s metallicity and the signal-to-noise ratio (S/N) of the observations on the parameters we can retrieve. We present the first atmospheric retrievals: 2MASS J15261405+2043414, 2MASS J05395200−0059019, 2MASS J15394189−0520428, and GD 165B increasing the small but growing number of L dwarfs retrieved. When compared to the atmospheric retrievals of SDSS J141624.08+134826.7, a low-metallicity d/sdL7 primary in a wide L+T binary, we find that similarT_effsources have similar P-T profiles with metallicity differences impacting the relative offset between their P-T profiles in the photosphere. We also find that for near-infrared spectra, when the S/N is ≳80 we are in a regime where model uncertainties dominate over data measurement uncertainties. As such, S/N does not play a role in the retrieval’s ability to distinguish between a cloud-free and cloudless model, but may impact the confidence of the retrieved parameters. Lastly, we also discuss how to break cloud model degeneracies and the impact of extraneous gases in a retrieval model.

We present a precise ground-based optical transmission spectrum of the hot Saturn HATS-5b (T_eq= 1025 K), obtained as part of the ACCESS survey with the IMACS multi-object spectrograph mounted on the Magellan Baade Telescope. Our spectra cover the 0.5–0.9μm region and are the product of five individual transits observed between 2014 and 2018. We introduce the usage of additional second-order light in our analyses, which allows us to extract an “extra” transit light curve, improving the overall precision of our combined transit spectrum. We find that the favored atmospheric model for this transmission spectrum is a solar-metallicity atmosphere with subsolar C/O, whose features are dominated by H₂O and with a depleted abundance of Na and K. If confirmed, this would point to a “clear” atmosphere at the pressure levels probed by transmission spectroscopy for HATS-5b. Our best-fit atmospheric model predicts a rich near-IR spectrum, which makes this exoplanet an excellent target for future follow-up observations with the James Webb Space Telescope, both to confirm this H₂O detection and to superbly constrain the atmosphere’s parameters.