Leather Jackets by Elton John is a reflective and evocative song that delves into themes of nostalgia, identity, and the passage of time. It's a contemplative piece that examines the significance of moments and memories associated with wearing leather jackets, symbolizing a sense of coolness and rebellion. Key themes include the quest for personal identity, youthful exuberance contrasted with the wisdom that comes with age, and the bittersweet nature of reminiscing about the past. Poignant moments in the song highlight the juxtaposition of past and present, revealing a deep emotional connection to the memories those leather jackets represent.