SiteOne Landscape Supply (SITE) AI Stock Analysis

• Market Cap: $5.19B
• Dividend Yield: N/A
• Average Volume (3M): 602.73K
• Price to Earnings (P/E): 45.9
• Beta (1Y): 1.24
• Revenue Growth: 4.73%
• EPS Growth: -27.46%
• Country: US
• Employees: 7,840
• Sector: Industrials
• Sector Strength: 92
• Industry: Industrial - Distribution
• EPS (TTM): -0.24
• Shares Outstanding: 44,809,547
• 10 Day Avg. Volume: 478,551
• 30 Day Avg. Volume: 602,726
• PEG Ratio: -7.14
• Price to Book (P/B): 3.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 26.71
• Enterprise Value/Market Cap: 1.24
• Enterprise Value/Revenue: 0.36
• Enterprise Value/Gross Profit: 4.00
• Enterprise Value/Ebitda: 4.66
• 1Y Price Target: $134.00
• Price Target Upside: 15.73% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 64 Neutral
• Price Target: $124.00 ▲( 7.09% Upside)

SiteOne's financial performance and strategic growth initiatives provide a solid foundation, but the high valuation and technical indicators suggest caution. Key strengths include revenue growth and successful acquisitions, while challenges like flat organic sales and increased net loss weigh on the score. The cautious optimism from the earnings call and a need for operational improvements are reflected in the overall score.

Positive Factors

Company-Specific Initiatives

Company-Specific Initiatives are expected to drive above-market growth, including expansion in white-spaces and leveraging commercial initiatives.

Market Share Growth

Since its IPO in 2016, SiteOne has significantly increased its share in the North American wholesale landscaping distribution industry.

Negative Factors

Mixed End-Market Dynamics

Mixed end-market dynamics are expected to offset the company's initiatives over the next 12 months.

Weaker Construction Activity

Weaker R&R and Non-Residential Construction Activity is expected to contribute to flat demand next year.

SiteOne Landscape Supply Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

SiteOne Landscape Supply generates revenue primarily through the sale of landscape and irrigation products to professional contractors and landscape service providers. The company's revenue streams are driven by its broad product portfolio, which encompasses consumables and equipment used in landscaping projects. SiteOne operates through a network of branches that ensure product availability and offer value-added services such as design consultation, technical support, and training. Seasonal demand, particularly during peak landscaping periods, influences the company's sales. Additionally, strategic partnerships with suppliers and manufacturers allow SiteOne to maintain a competitive edge with a wide array of quality products. The company's growth strategy includes expanding its product offerings, enhancing customer service, and acquiring complementary businesses to increase market share and drive sales growth.

SiteOne Landscape Supply Financial Statement Overview

Summary

SiteOne Landscape Supply demonstrates strong revenue growth and a stable financial position, typical of a company in the industrial distribution sector. While profitability margins suggest room for operational improvements, the company's leverage is well managed, and cash flow generation remains solid. Continued focus on operational efficiency and effective capital management could further strengthen financial performance.

Income Statement

SiteOne Landscape Supply shows a strong revenue growth trajectory with a consistent increase in total revenue from previous years. The gross profit margin is healthy at approximately 35%, indicative of good cost management and pricing strategies. However, net profit margins have slightly decreased over time, suggesting that operating expenses have been rising or there is pressure on pricing. The EBIT and EBITDA margins are satisfactory, but there is room for improvement in operational efficiency.

Balance Sheet

The company's balance sheet reflects a stable financial position with a moderate debt-to-equity ratio, indicating balanced leverage. The equity ratio is reasonable, showing that a good portion of the assets is financed by equity. Return on equity (ROE) has seen slight fluctuations, suggesting that there is potential to enhance income generation relative to shareholder equity. Overall, the company maintains a balanced financial structure with manageable debt levels.

Cash Flow

SiteOne's cash flow performance is stable, with a healthy operating cash flow to net income ratio, indicating strong cash generation from operations. However, the free cash flow growth rate has been inconsistent, pointing to variations in capital expenditure or operational cash flow generation. The free cash flow to net income ratio is positive, highlighting the company's ability to convert net income into free cash flow, though improvements in managing capital expenditures could further enhance cash flow performance.

Breakdown
TTM	Dec 2024	Dec 2023	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
4.58B	4.54B	4.30B	4.01B	3.48B	2.70B
	Gross Profit
1.60B	1.56B	1.49B	1.42B	1.21B	901.30M
	EBIT
181.70M	192.30M	250.30M	333.10M	313.70M	179.80M
	EBITDA
328.70M	339.40M	378.00M	436.90M	396.70M	247.00M
	Net Income Common Stockholders
115.60M	123.60M	173.40M	245.40M	238.40M	121.30M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
41.50M	107.10M	82.50M	29.10M	53.70M	55.20M
	Total Assets
2.98B	3.07B	2.83B	2.53B	2.12B	1.70B
	Total Debt
937.60M	951.30M	861.40M	739.50M	606.90M	568.00M
	Net Debt
896.10M	844.20M	778.90M	710.40M	553.20M	512.80M
	Total Liabilities
1.51B	1.48B	1.34B	1.23B	1.06B	900.70M
	Stockholders Equity
1.47B	1.57B	1.49B	1.30B	1.06B	795.00M
Cash Flow		Free Cash Flow
202.40M	238.60M	261.50M	175.50M	173.80M	203.60M
	Operating Cash Flow
253.10M	283.40M	297.50M	217.20M	210.80M	229.40M
	Investing Cash Flow
-190.80M	-177.10M	-226.00M	-284.40M	-182.00M	-184.20M
	Financing Cash Flow
-46.60M	-80.90M	-18.30M	43.40M	-30.40M	-9.10M

SiteOne Landscape Supply Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 115.79
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SITE, the sentiment is Negative. The current price of 115.79 is below the 20-day moving average (MA) of 120.06, below the 50-day MA of 118.66, and below the 200-day MA of 134.81, indicating a bearish trend. The MACD of 0.17 indicates Positive momentum. The RSI at 43.38 is Neutral, neither overbought nor oversold. The STOCH value of 10.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SITE.

SiteOne Landscape Supply Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CNM	78 Outperform	$10.47B	24.94	26.10%	―	11.03%	-0.85%
AIT	72 Outperform	$8.50B	22.39	22.23%	0.70%	0.50%	4.48%
WSO	70 Outperform	$18.51B	35.02	18.91%	2.43%	3.92%	1.09%
MSM	69 Neutral	$4.41B	20.81	15.53%	4.28%	-5.71%	-31.93%
POOL	68 Neutral	$11.82B	29.49	31.49%	1.58%	-3.56%	-16.75%
Sector *	64 Neutral	$4.39B	11.81	5.20%	249.38%	3.96%	-12.36%
SITE	64 Neutral	$5.19B	45.90	7.64%	―	4.73%	-27.46%

SiteOne Landscape Supply Corporate Events

SiteOne Landscape Supply Updates Board Structure and By-Laws

On May 14, 2025, SiteOne Landscape Supply held its Annual Meeting of Stockholders, where stockholders approved an amendment to declassify the board of directors. The company filed the amendment on May 16, 2025, and also updated its by-laws to reflect these changes, including procedural updates for stockholder meetings and director nominations. Additionally, stockholders elected three directors, approved Deloitte & Touche LLP as the accounting firm for 2025, and supported executive compensation plans.

The most recent analyst rating on (SITE) stock is a Sell with a $129.00 price target. To see the full list of analyst forecasts on SiteOne Landscape Supply stock, see the SITE Stock Forecast page.

SiteOne Landscape Supply EVP Brisendine Resigns

On March 24, 2025, Briley Brisendine, Executive Vice President, General Counsel, and Secretary of SiteOne Landscape Supply, announced his resignation. He will step down from his current role on April 13, 2025, but will continue to provide transition services until October 31, 2025, under a Letter Agreement. During this period, he will receive a monthly salary of $2,500 without additional compensation, and the agreement includes a general release of claims, confidentiality, and non-disparagement provisions.