SiteOne Landscape Supply, Inc. (SITE) stock analysis
Close on Nov 11, 2026Market cap $4.93BP/E 30.1Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Mixed13 of 30 checks passed
SiteOne Landscape Supply passes 13 of the 30 checks behind our score; 5 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 2/6
- Growth
- 3/6
- Past performance
- 2/6
- Financial health
- 6/6
- Dividend
- 0/6
What stands out
Low debt
Debt is 28.0% of shareholders' equity, under the 40% we consider low.
Earnings grew over 5 years
Net income grew 4.6% a year on average over the last five fiscal years.
Earnings growth accelerating
Net income grew 20.5% over the last twelve months, against a 5-year average of 4.6% a year.
Interest well covered
Operating income covers interest expense 7.4 times.
What to watch
Margin of safety under 20%
The price is 12.2% above fair value, so there is no margin of safety.
Trading above fair value
The share price of $114.25 is above our fair value estimate of $101.86.
Return on equity under 15%
Return on equity was 9.9% over the last twelve months and averaged 15.3% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was 9.8%, below the 10% that usually covers the cost of capital.
Valuation2/6
P/E below its 5-year median
SiteOne Landscape Supply's P/E of 30.1 is below its own 5-year median of 38.0.
P/E above the industry
SiteOne Landscape Supply's P/E of 30.1 is above the Professional and Commercial Equipment and Supplies median of 20.0.
EV/EBITDA below its 5-year median
SiteOne Landscape Supply's EV/EBITDA of 20.2 is below its 5-year median of 27.5.
P/B above the industry
SiteOne Landscape Supply's price-to-book of 2.91 is above the Professional and Commercial Equipment and Supplies median of 2.23.
Trading above fair value
The share price of $114.25 is above our fair value estimate of $101.86.
Margin of safety under 20%
The price is 12.2% above fair value, so there is no margin of safety.
Growth3/6
Revenue growing under 10% a year
Revenue grew 5.4% a year over the last three fiscal years, short of the 10% we look for.
EPS growing under 10% a year
Diluted EPS grew -14.3% a year over the last three fiscal years.
Earnings growth accelerating
Net income grew 20.5% over the last twelve months, against a 5-year average of 4.6% a year.
Growing slower than the industry
Revenue grew 2.9% over the last twelve months; the Professional and Commercial Equipment and Supplies median is 13.1%.
Guidance raised
SiteOne Landscape Supply raised its the full year overall prices outlook on Apr 29, 2026.
Gross margin improving
Gross margin was 35.3% over the last twelve months, against 34.6% a year earlier.
Past performance2/6
Return on equity under 15%
Return on equity was 9.9% over the last twelve months and averaged 15.3% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was 9.8%, below the 10% that usually covers the cost of capital.
Return on equity below the industry
SiteOne Landscape Supply's return on equity of 9.9% is below the Professional and Commercial Equipment and Supplies median of 10.9%.
Earnings grew over 5 years
Net income grew 4.6% a year on average over the last five fiscal years.
Net margin below its 5-year average
Net margin was 3.5% over the last twelve months, against a 5-year average of 4.6%.
Net margin above the industry
SiteOne Landscape Supply's net margin of 3.5% is above the Professional and Commercial Equipment and Supplies median of 1.8%.
Financial health6/6
Low debt
Debt is 28.0% of shareholders' equity, under the 40% we consider low.
Debt falling against equity
Debt to equity fell from 33.1% five years ago to 28.0%.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 67.6% of total debt.
Interest well covered
Operating income covers interest expense 7.4 times.
Short-term assets cover short-term debts
Current assets are 2.41 times current liabilities.
Low bankruptcy risk
The Altman Z-score is 4.29; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
SiteOne Landscape Supply has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itOur estimate per share
$101.86
The share price is 12% above this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 29.1× | 38.0× | 20.0× | $110.55 | 40% |
| EV/EBITDA | 19.2× | 27.5× | 10.7× | $107.61 | 35% |
| P/B | 3.2× | 4.2× | 2.2× | $125.77 | 10% |
| Earnings power | 11.8% cost of equity | – | – | $49.33 | 15% |
| Fair value | $101.86 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 38.0
- Professional and Commercial Equipment and Supplies median 20.0
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Low risk
- Average value traded per day
- $97.81M
- Value traded per 1% price move
- $49.39M
Downside
Medium risk
- Typical loss in a bad month
- 20.4%
- Volatility (annualized)
- 42%
- Sharpe ratio, 1 year
- -0.29
- Beta to the S&P 500 (5Y)
- 1.39
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2013 to 2025
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.6% | +5.4% | +11.7% | +12.5% | |
| Gross profit | +4.8% | +4.8% | +12.7% | +14.3% | |
| Operating income | +23.8% | -10.6% | +5.8% | +14.8% | |
| Net income | +22.8% | -14.8% | +4.6% | +18.0% | |
| EPS, diluted | +24.4% | -14.3% | +4.2% | – | |
| Free cash flow | +1.6% | +9.1% | +3.2% | +15.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 25.9% | 20.4% | 9.4% | |
| Return on assets | 4.3% | 7.7% | 4.8% | |
| Current ratio | 2.64 | 2.31 | 2.47 | |
| Debt to equity | 2.52 | 0.33 | 0.23 | |
| Interest coverage | 3.3× | 5.8× | 6.8× | |
| Inventory turnover | 4.1× | 4.1× | 3.6× | |
| Capex to revenue | 0.5% | 0.7% | 1.1% | |
| Diluted shares | 30M | 44M | 45M |
Where the cash went
Fiscal 2021 to 2025, five years combined
SiteOne Landscape Supply generated $1.31B from operations and spent $371.90M on capital expenditure, dividends and share buybacks. 50% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.2% | 1.50× | 1.95× | 9.4% |
| FY2024 | 2.7% | 1.54× | 1.93× | 8.1% |
| FY2023 | 4.0% | 1.60× | 1.92× | 12.4% |
| FY2022 | 6.1% | 1.73× | 1.97× | 20.8% |
| FY2021 | 6.9% | 1.82× | 2.06× | 25.7% |
| FY2020 | 4.5% | 1.72× | 2.64× | 20.4% |
| FY2019 | 3.3% | 1.81× | 3.76× | 22.4% |
| FY2018 | 3.5% | 2.03× | 4.04× | 28.7% |
| FY2017 | 2.9% | 2.25× | 4.57× | 30.2% |
| FY2016 | 1.9% | 2.34× | 5.96× | 25.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$151.80M
- Cash generatingOperating cash flow above zero$300.50M
- Return on assets improvedROA up on the prior year4.4% → 4.9%
- Earnings backed by cashOperating cash flow above net income$300.50M vs $151.80M
- Less leverageLong-term debt to assets fell12.5% → 11.8%
- Better liquidityCurrent ratio rose2.42 → 2.47
- No dilutionShare count did not rise46M → 45M
- Gross margin improvedGross margin up on the prior year34.36% → 34.76%
- More efficientAsset turnover rose1.61 → 1.53
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