SiteOne Landscape Supply, Inc.

SiteOne Landscape Supply, Inc.

SITEยทNYSE

$102.85

-0.30%
IndustrialsIndustrial - Distribution

SiteOne Landscape Supply, Inc. engages in the wholesale distribution of landscape supplies in the United States and Canada. The company provides a selection of approximately 135,000 stock keeping units, including irrigation supplies, which comprise controllers, valves, sprinkler heads, and irrigation pipes; fertilizer, grass seed, and ice melt products; control products, such as herbicides, fungicides, rodenticides, and other pesticides; landscape accessories that include mulches, soil amendments, drainage pipes, tools, and sods; nursery goods, which consist of deciduous and evergreen shrubs, ornamental, shade, evergreen trees, field grown and container-grown nursery stock, roses, perennials, annuals, bulbs, and plant species; hardscapes, such as pavers, natural stones, blocks, and other durable materials; and outdoor lighting products that include lighting fixtures, LED lamps, wires, transformers, and accessories. It also offers consultative services consisting of assistance with irrigation network design, commercial project planning, generation of sales leads, business operations, product support services, and a series of technical and business management seminars; and distributes branded products of third parties. The company offers its products under the LESCO, SiteOne Green Tech, and Pro-Trade brand names. It markets its products primarily to residential and commercial landscape professionals who specialize in the design, installation, and maintenance of lawns, gardens, golf courses, and other outdoor spaces through branch network and direct distribution. As of January 2, 2022, the company had approximately 590 branches in 45 U.S. States and six Canadian provinces. SiteOne Landscape Supply, Inc. was incorporated in 2013 and is headquartered in Roswell, Georgia.

At a Glance

Live Snapshot
Market Cap$4.56B
EPS3.3900
P/E Ratio30.34
Earnings Date07/29/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 30.3).

Valuation inputs: P/E 30.3, earnings yield +3.3%, momentum -0.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +9.2%, ROIC +6.9%).

Profitability stack: net margin +3.2%, ROE +9.2%, ROIC +6.9%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +47.7%, momentum -0.3%, net margin +3.2%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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SiteOne Landscape Supply, Inc. Market vs Earnings Trajectory

SITE ยท NYSE

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SiteOne Landscape Supply, Inc.

SiteOne Landscape Supply, Inc. Fair Value Envelope

SITE ยท NYSE

Our analysis suggests that SITE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $102.85, this represents a potential HIDDEN relative to our calculated worth for SiteOne Landscape Supply, Inc..

Intrinsic Value
Current Price: $102.85
3Y-38.0%
5Y+20.0%
10Y-213.0%
3Y+17.0%
5Y+74.0%
10Y+185.0%
3Y-38.0%
5Y+25.0%
10Y+396.0%
3Y+38.0%
5Y+31.0%
10Y+312.0%
3Y+41.0%
5Y+21.0%
10Y+285.0%
3Y+27.0%
5Y+90.0%
10Y+334.0%
SiteOne Landscape Supply, Inc.

SiteOne Landscape Supply, Inc. Profit Bridge

SITE ยท NYSE
Revenue4.70B
Cost of Goods Sold (3.07B)
Gross Profit1.64B
Operating Expenses (1.40B)
Operating Income238.10M
Interest Expense (35.00M)
Other Income/Expense-35.00M
Pretax Income203.10M
Income Tax (45.70M)
Net Income151.80M
Net Income
151.80M

Profitability Analysis

Gross Margin

34.8%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

5.1%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

3.2%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

22.5%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

34.76%
Gross Profit Margin
1%
3Y-2.0%
5Y+4.0%
10Y+11.0%
5.06%
Operating Profit Margin
19%
3Y-39.0%
5Y-24.0%
10Y+13.0%
3.23%
Net Profit Margin
19%
3Y-47.0%
5Y-28.0%
10Y+74.0%
9.15%
Return on Equity
16%
3Y-51.0%
5Y-40.0%
10Y-56.0%
4.71%
Return on Assets
17%
3Y-51.0%
5Y-34.0%
10Y+14.0%
6.92%
Return on Invested Capital
18%
3Y-45.0%
5Y-34.0%
10Y-11.0%
SITE

SiteOne Landscape Supply, Inc. Cash Conversion Engine

SITE ยท NYSE
Net Income151.80M
Depreciation & Amortization142.00M
Stock-Based Compensation27.00M
Change in Working Capital-10.30M
Others-10.00M
Capital Expenditures-53.70M
Free Cash Flow246.80M

Cash Flow Quality Analysis

FCF Conversion Rate

162.6%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

17.9%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+3.4%

Flat FCF growth. Stable but not expandingโ€”monitor for signs of business maturity or temporary headwinds.

Working Capital Impact

-$10.30M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

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SiteOne Landscape Supply, Inc. Funding & Solvency Profile

SITE ยท NYSE
Cash & Cash Equivalents84.00M
Net Receivables609.70M
Inventory1.11B
Other Current Assets80.40M
Total Current Assets2 B
Property, Plant & Equipment762.20M
Goodwill & Intangible Assets799.50M
Long-Term Investments0.00
Other Non-Current Assets4.80M
Total Non-Current Assets767 M
Total Assets
3.46B

Financial Health Analysis

Current Ratio

2.33x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

1.10x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

1 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

54% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

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SiteOne Landscape Supply, Inc. Street Expectations Map

SITE ยท NYSE

Wall Street analysts project that SITE stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 162.29, with estimates ranging from a low of 140.00 to a high of 200.00.

Lowest Target
140.00
36.12%
Consensus Target
162.29
57.79%
Highest Target
200.00
94.46%

The consensus 1-year price target stands at 162.29, with estimates ranging from a low of 140.00 to a high of 200.00.

Analyst Consensus Analysis

Upside Potential

+57.8%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

37.0% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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SiteOne Landscape Supply, Inc. Insider Positioning

SITE ยท NYSE

During the last 12 months, insiders have purchased $247K and sold $10.62M worth of SITE shares, resulting in $10.37M of net selling activity.

3 Months

Bought

2.0K

247.20K

Sold

1.1K

128.05K

Net Activity

+119K

+$119K

3-6 Months

Bought

0

0.00

Sold

1.8K

278.89K

Net Activity

-279K

-$279K

6-9 Months

Bought

0

0.00

Sold

1.9K

258.20K

Net Activity

-258K

-$258K

9-12 Months

Bought

0

0.00

Sold

77.6K

9.95M

Net Activity

-10.0M

-$9.95M

Top Buyers

1
LDT

Laughlin Daniel T.

Officer: Svp, Strategy & Development

2.0K sharesโ€ข1 transactions

$247K

Top Sellers

1
KJ

Ketter Joseph

Officer: Evp, Human Resources

39.6K sharesโ€ข1 transactions

$5.01M

2
BD

Black Doug

Director, Officer: Ceo

37.1K sharesโ€ข2 transactions

$4.82M

3
EEJ

Elema Eric J

Officer: Evp, Cfo And Assistant Sec.

1.8K sharesโ€ข1 transactions

$279K

4
GJT

Guthrie John T

Officer: Evp, Cfo And Assistant Sec.

1.9K sharesโ€ข1 transactions

$258K

5
DFM

Diaz Fred M

Director

2.0K sharesโ€ข3 transactions

$254K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $10.37M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.02:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$119K

Positive recent trend with net buying activity. Insiders have been accumulating shares in recent months.

Insider Participation

High Selling

5 insider sellers vs. 1 buyers. Widespread selling across multiple insiders may signal concerns.

0.00%
Dividend Yield
3Y-
5Y-
10Y-100.0%
ย 

site Dividend History

SITE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%