SiteOne Landscape Supply (SITE) AI Stock Analysis

• Market Cap: $6.31B
• Dividend Yield: N/A
• Average Volume (3M): 623.30K
• Price to Earnings (P/E): 51.4
• Beta (1Y): 1.19
• Revenue Growth: 4.38%
• EPS Growth: -18.94%
• Country: US
• Employees: 7,840
• Sector: Industrials
• Sector Strength: 78
• Industry: Industrial - Distribution
• EPS (TTM): 2.95
• Shares Outstanding: 44,612,580
• 10 Day Avg. Volume: 639,560
• 30 Day Avg. Volume: 623,303
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.02
• Enterprise Value/Revenue: 1.39
• Enterprise Value/Gross Profit: 3.87
• Enterprise Value/Ebitda: 23.48
• 1Y Price Target: $145.00
• Price Target Upside: 2.60% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 77 Outperform
• Price Target: $156.00 ▲(10.38% Upside)

SiteOne Landscape Supply demonstrates strong financial health and effective management, leading to a solid overall score. Key strengths include robust revenue growth, market share gains, and strategic acquisitions. However, high valuation and challenges in specific market segments are notable risks that temper the overall outlook.

Positive Factors

Financial Performance

Shares are up 10% after solid second-quarter results and, more importantly, a reiterated full-year EBITDA guide.

Operational Efficiency

Resilient volumes and higher EBITDA margins were achieved due to gross margin initiatives and SG&A controls.

Negative Factors

Market Demand

End-market demand is expected to be down slightly overall.

Market Valuation

Bears will push back on valuation at 17 times NTM EBITDA, weak organic growth, and a slower year for M&A activity.

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 strong revenue growth and stable financial positioning typical of its sector. While the company maintains a balanced leverage and consistent cash flow generation, there is room for improvement in operational efficiency and profitability margins.

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	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.62B	4.54B	4.30B	4.01B	3.48B	2.70B
Gross Profit	1.66B	1.56B	1.49B	1.42B	1.21B	901.30M
EBITDA	273.40M	339.40M	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	93.70M	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: Positive
• Last Price: 141.33
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SITE, the sentiment is Positive. The current price of 141.33 is above the 20-day moving average (MA) of 134.16, above the 50-day MA of 127.78, and above the 200-day MA of 130.61, indicating a bullish trend. The MACD of 3.57 indicates Negative momentum. The RSI at 59.77 is Neutral, neither overbought nor oversold. The STOCH value of 79.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SITE.

SiteOne Landscape Supply Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SITE	77 Outperform	$6.31B	51.40	7.76%	―	4.38%	-18.94%
AIT	77 Outperform	$10.31B	27.15	22.24%	0.64%	1.88%	2.91%
CNM	75 Outperform	$12.72B	29.91	25.11%	―	10.80%	0.98%
MSM	74 Outperform	$4.88B	24.70	14.34%	3.88%	-4.11%	-31.26%
POOL	71 Outperform	$11.67B	28.87	30.02%	1.50%	-1.71%	-8.90%
WSO	69 Neutral	$17.16B	32.28	18.38%	2.70%	0.98%	0.80%
Sector *	59 Neutral	AU$1.63B	11.13	-5.90%	3.58%	9.76%	6.86%

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.