SiteOne Landscape Supply (SITE) AI Stock Analysis

• Market Cap: $5.83B
• Dividend Yield: N/A
• Average Volume (3M): 534.05K
• Price to Earnings (P/E): 46.7
• Beta (1Y): 1.12
• Revenue Growth: 4.38%
• EPS Growth: -18.94%
• Country: US
• Employees: 7,840
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Distribution
• EPS (TTM): 2.95
• Shares Outstanding: 44,612,580
• 10 Day Avg. Volume: 529,398
• 30 Day Avg. Volume: 534,046
• PEG Ratio: -1.66
• Price to Book (P/B): 3.78
• Price to Sales (P/S): 1.31
• P/FCF Ratio: 24.90
• Enterprise Value/Market Cap: 1.10
• Enterprise Value/Revenue: 1.39
• Enterprise Value/Gross Profit: 4.04
• Enterprise Value/Ebitda: 18.60
• 1Y Price Target: $147.00
• Price Target Upside: 13.88% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10

• Rating: 71 Outperform
• Price Target: $144.00 ▲(11.56% Upside)

SiteOne Landscape Supply demonstrates strong financial performance and resilience in earnings despite market challenges, which are the most significant factors supporting its score. However, technical indicators suggest a bearish trend, and the stock appears overvalued based on its P/E ratio, which negatively impacts the overall score.

Positive Factors

Revenue Growth

The consistent revenue growth indicates robust demand for SiteOne's products and effective market penetration, supporting long-term business expansion.

Market Share Gains

Market share gains reflect SiteOne's competitive positioning and ability to capture additional customer segments, enhancing its industry leadership.

Digital and Operational Initiatives

The significant growth in digital sales showcases SiteOne's successful adaptation to digital trends, improving customer engagement and operational efficiency.

Negative Factors

Softness in End Markets

Economic uncertainty and weak demand in key sectors could limit growth opportunities, affecting revenue and profitability in the near to medium term.

Pricing Challenges

Pricing challenges and expected declines in key product prices may pressure margins, impacting profitability and financial performance.

Challenges in High-Growth Markets

Headwinds in high-growth regions could hinder expansion efforts and limit SiteOne's ability to capitalize on market opportunities, affecting future growth.

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 generates revenue primarily through the sale of landscape supplies to professional contractors. Its revenue model is based on wholesale distribution, where it purchases products from manufacturers and sells them at a markup to its customers. Key revenue streams include sales of hardscape materials, irrigation products, and nursery items. Additionally, the company benefits from seasonal demand fluctuations, particularly in spring and summer. SiteOne also engages in strategic partnerships with manufacturers to secure exclusive distribution rights and favorable pricing, enhancing its competitive edge and contributing to its overall earnings.

SiteOne Landscape Supply Financial Statement Overview

Summary

SiteOne Landscape Supply exhibits solid financial health with strong revenue growth and effective cost management reflected in a healthy gross profit margin. The balance sheet indicates a prudent reduction in leverage, enhancing financial stability. Cash flows are well-managed, supporting operational and strategic initiatives. However, improvements in net profitability and further enhancement of operating efficiency could bolster overall financial performance.

Income Statement

SiteOne Landscape Supply shows strong revenue growth with a steady increase from $2.7 billion in 2021 to $4.6 billion in TTM 2025. The gross profit margin is consistently robust, with the latest TTM figure at approximately 35.8%, indicating effective cost management. However, the net profit margin is relatively lower at around 2.7% in TTM, showing room for improvement in net profitability. The EBITDA margin has decreased to 5.9% in TTM, highlighting some pressure on operating efficiencies.

Balance Sheet

The company's balance sheet reflects a strong equity base with an equity ratio of 48.9% as of TTM 2025, indicating a solid asset base funded by equity. The debt-to-equity ratio significantly improved to 0.06 in TTM, showcasing reduced leverage and financial risk. Return on equity (ROE) for TTM is moderate at 7.6%, suggesting efficient use of equity, but there's potential for higher returns. Overall, the balance sheet is stable with a positive trajectory in reducing debt.

Cash Flow

Operating cash flow remains strong at $242.4 million in TTM, maintaining a healthy operating cash flow to net income ratio of 1.95, indicating strong cash earnings. The free cash flow growth rate shows some volatility, reflecting capital expenditure needs, yet remains positive at $192.6 million. The free cash flow to net income ratio is 1.55, demonstrating efficient cash generation relative to earnings. Overall, cash flow management is robust with potential for increased free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.62B	4.54B	4.30B	4.01B	3.48B	2.70B
Gross Profit	1.59B	1.56B	1.49B	1.42B	1.21B	901.30M
EBITDA	345.10M	331.30M	378.00M	436.90M	396.70M	247.00M
Net Income	124.40M	123.60M	173.40M	245.40M	238.40M	121.30M
Balance Sheet
Total Assets	3.33B	3.07B	2.83B	2.53B	2.12B	1.70B
Cash, Cash Equivalents and Short-Term Investments	78.60M	107.10M	82.50M	29.10M	53.70M	55.20M
Total Debt	1.04B	951.30M	861.40M	739.50M	606.90M	568.00M
Total Liabilities	1.68B	1.48B	1.34B	1.23B	1.06B	900.70M
Stockholders Equity	1.63B	1.57B	1.49B	1.30B	1.06B	795.00M
Cash Flow
Free Cash Flow	192.60M	238.60M	261.50M	175.50M	173.80M	203.60M
Operating Cash Flow	242.40M	283.40M	297.50M	217.20M	210.80M	229.40M
Investing Cash Flow	-95.20M	-177.10M	-226.00M	-284.40M	-182.00M	-184.20M
Financing Cash Flow	-141.00M	-80.90M	-18.30M	43.40M	-30.40M	-9.10M

SiteOne Landscape Supply Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 129.08
• 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 129.08 is below the 20-day moving average (MA) of 140.33, below the 50-day MA of 137.88, and below the 200-day MA of 129.76, indicating a bearish trend. The MACD of -2.22 indicates Positive momentum. The RSI at 34.48 is Neutral, neither overbought nor oversold. The STOCH value of 6.66 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
FAST	80 Outperform	55.89B	46.25	39.08%	1.75%	4.84%	2.98%
WCC	78 Outperform	10.40B	16.33	13.91%	0.83%	1.30%	-1.09%
MSM	75 Outperform	5.06B	25.16	14.52%	3.74%	-4.11%	-31.26%
AIT	73 Outperform	9.87B	25.59	21.31%	0.67%	1.88%	2.91%
SITE	71 Outperform	$5.83B	46.69	7.76%	―	4.38%	-18.94%
DSGR	62 Neutral	1.34B	345.70	0.66%	―	13.48%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

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.