SiteOne Landscape Supply (SITE)
NYSE:SITE
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SiteOne Landscape Supply
(NYSE:SITE)
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Rating:65Neutral
Price Target:
$140.00
▲(10.46% Upside)
Action:DowngradedDate:04/01/26
The score is supported primarily by solid financial fundamentals (revenue growth, positive and improving free cash flow, manageable leverage) and constructive 2026 guidance that targets margin expansion. These strengths are tempered by clearly bearish technical signals and a relatively high P/E that increases sensitivity to any shortfall in margin/earnings improvement.
Positive Factors
Market position and scale
A large branch network and multiple distribution centers give durable competitive advantages: purchasing leverage, distribution efficiency, and local presence. With ~19% share in a $25B market, SiteOne can sustain organic growth and defend share across regional cycles over the next several months.
Negative Factors
Margin and profitability compression
Sustained compression in operating and net margins reduces return on equity and earnings power, making the business more sensitive to cost or volume shocks. Reversing this trend requires successful execution on pricing, private label, and commercial initiatives to restore durable profit levels.
Read all positive and negative factors
Positive Factors
Negative Factors
Market position and scale
A large branch network and multiple distribution centers give durable competitive advantages: purchasing leverage, distribution efficiency, and local presence. With ~19% share in a $25B market, SiteOne can sustain organic growth and defend share across regional cycles over the next several months.
Read all positive factors
SiteOne Landscape Supply (SITE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$5.63B
Dividend YieldN/A
Average Volume (3M)589.55K
Price to Earnings (P/E)37.5
Beta (1Y)1.06
Revenue Growth4.00%
EPS Growth-0.75%
CountryUS
Employees7,840
SectorIndustrials
Sector Strength72
IndustryIndustrial - Distribution
Share Statistics
EPS (TTM)-0.02
Shares Outstanding44,459,316
10 Day Avg. Volume557,666
30 Day Avg. Volume589,555
Financial Highlights & Ratios
PEG Ratio1.55
Price to Book (P/B)3.43
Price to Sales (P/S)1.21
P/FCF Ratio23.09
Enterprise Value/Market Cap1.14
Enterprise Value/Revenue1.37
Enterprise Value/Gross Profit3.93
Enterprise Value/Ebitda17.63
Forecast
1Y Price Target
$173.71Price Target Upside37.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)4.44
Revenue Forecast (FY)$4.92B
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 compris...
How the Company Makes Money
SiteOne makes money primarily by selling landscape and outdoor-living products to professional customers (e.g., landscape contractors and other trade customers) and related end markets, earning a gross margin on the spread between its purchase cos...
SiteOne Landscape Supply Earnings Call Summary
Earnings Call Date:Feb 11, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 06, 2026
Earnings Call Sentiment Positive
The call emphasized multiple operational and financial improvements (net sales growth, gross margin expansion, adjusted EBITDA growth, improved liquidity, private label and digital acceleration, focus-branch recoveries and continued M&A capability). Management provided constructive 2026 guidance (low-single-digit organic daily sales growth, pricing +1%–3%, and adjusted EBITDA guidance of $425M–$455M) while also transparently noting near-term headwinds (weak new residential construction, lingering commodity deflation in select categories, a dilutive extra fiscal week and initial costs from DC expansion). Overall, the positives—margin expansion, improved cash flow and leverage, and execution on key strategic initiatives—appear to outweigh the manageable near-term challenges.Positive Updates
Revenue Growth (FY2025 & Q4)
Net sales increased 4% year-over-year to $4.7 billion for fiscal 2025 and increased 3% to $1.05 billion in the fourth quarter, on the same number of selling days as prior-year periods.
Negative Updates
New Residential Construction Weakness
New residential construction, representing ~20% of sales, is expected to be down in 2026 due to elevated interest rates, lower consumer confidence, and high home values; this segment was already down in 2025 and is a key headwind to growth.
Read all updates
Q4-2025 Updates
Positive
Negative
Revenue Growth (FY2025 & Q4)
Net sales increased 4% year-over-year to $4.7 billion for fiscal 2025 and increased 3% to $1.05 billion in the fourth quarter, on the same number of selling days as prior-year periods.
Read all positive updates
Company Guidance
Management guided 2026 to low‑single‑digit organic daily sales growth (positive sales volume) with pricing up 1%–3%, and full‑year adjusted EBITDA of $425M–$455M (excluding any contribution from unannounced acquisitions); they noted a $4M–$5M EBITDA headwind from a 53rd selling week (256 selling days in FY2026 vs. 252 in FY2025) that they estimate will also subtract roughly 100 bps from organic growth. They expect gross margin to be higher than 2025’s 34.8% and adjusted EBITDA margin to expand beyond 2025’s 8.8% as commercial initiatives, focus‑branch improvements (over 200 bps margin lift in focus branches in 2025), private‑label growth (private label ~15% of sales, +100 bps in 2025), and acquisitions drive operating leverage. The company plans to continue adding acquisitions from a robust pipeline, while maintaining a conservative balance sheet (net debt $330M, leverage 0.8x TTM adjusted EBITDA) and $768M of available liquidity (cash $191M + $578M ABL), leveraging its >670‑branch, five‑distribution‑center footprint across 45 U.S. states and five Canadian provinces to capture additional share in an estimated $25B market (current share ~19%).SiteOne Landscape Supply Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
72
Positive
Cash Flow
74
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.70B | 4.54B | 4.30B | 4.01B | 3.48B |
| Gross Profit | 1.64B | 1.56B | 1.49B | 1.42B | 1.21B |
| EBITDA | 318.80M | 331.30M | 378.00M | 436.90M | 396.70M |
| Net Income | 151.80M | 123.60M | 173.40M | 245.40M | 238.40M |
Balance Sheet | |||||
| Total Assets | 3.22B | 3.07B | 2.83B | 2.53B | 2.12B |
| Cash, Cash Equivalents and Short-Term Investments | 190.60M | 107.10M | 82.50M | 29.10M | 53.70M |
| Total Debt | 980.00M | 951.30M | 861.40M | 739.50M | 606.90M |
| Total Liabilities | 1.54B | 1.48B | 1.34B | 1.23B | 1.06B |
| Stockholders Equity | 1.66B | 1.57B | 1.49B | 1.30B | 1.06B |
Cash Flow | |||||
| Free Cash Flow | 246.80M | 238.60M | 261.50M | 175.50M | 173.80M |
| Operating Cash Flow | 300.50M | 283.40M | 297.50M | 217.20M | 210.80M |
| Investing Cash Flow | -83.40M | -177.10M | -226.00M | -284.40M | -182.00M |
| Financing Cash Flow | -134.60M | -80.90M | -18.30M | 43.40M | -30.40M |
SiteOne Landscape Supply Technical Analysis
Negative
126.74
Price Trends
141.13
Negative
136.32
Negative
133.69
Negative
Market Momentum
-2.93
Positive
39.58
Neutral
25.43
Neutral
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 126.74 is below the 20-day moving average (MA) of 131.79, below the 50-day MA of 141.13, and below the 200-day MA of 133.69, indicating a bearish trend. The MACD of -2.93 indicates Positive momentum. The RSI at 39.58 is Neutral, neither overbought nor oversold. The STOCH value of 25.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SITE.
SiteOne Landscape Supply Risk Analysis
SiteOne Landscape Supply disclosed 29 risk factors in its most recent earnings report. SiteOne Landscape Supply reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 1 New Risks
1.
Prices for the products we purchase and the costs to operate our business are subject to significant volatility and external market variables beyond our control, and we may be unable to adjust our pricing or cost structure quickly enough to avoid the adverse effects on our financial performance. Q4, 2025
SiteOne Landscape Supply Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $53.17B | 36.60 | 32.83% | 2.10% | 6.92% | 5.98% | |
72 Outperform | $9.96B | 25.36 | 21.74% | 0.70% | 4.03% | 5.93% | |
67 Neutral | $5.04B | -140.48 | 11.30% | 3.96% | -1.35% | -22.24% | |
66 Neutral | $13.50B | 18.89 | 13.02% | 0.72% | 5.28% | 1.97% | |
65 Neutral | $5.63B | 37.54 | 8.37% | ― | 4.00% | -0.75% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | $1.23B | 152.18 | 1.29% | ― | 14.46% | -588.82% |
* Industrials Sector Average
SITE
SiteOne Landscape Supply
126.74
17.18
15.68%
AIT
Applied Industrial Technologies
267.12
60.38
29.20%
FAST
Fastenal Company
46.30
10.96
31.02%
DSGR
Distribution Solutions Group
26.62
1.40
5.55%
MSM
MSC Industrial
90.32
23.04
34.25%
WCC
Wesco International
277.45
141.50
104.08%
SiteOne Landscape Supply Corporate Events
Business Operations and StrategyExecutive/Board Changes
SiteOne Announces Leadership Transition in Strategy and Development
Positive
Mar 31, 2026
On March 31, 2026, SiteOne Landscape Supply announced that Executive Vice President of Strategy and Development Scott Salmon would retire that day, after helping lead more than 70 acquisitions since joining in 2019 and playing a key role in the co...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.