# SiteOne Landscape Supply, Inc. (SITE)

> Source: Nexqual · https://nexqual.com/SITE · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, SiteOne Landscape Supply, Inc. (SITE), nexqual.com/SITE" · informational, not investment advice.

**Price:** USD 103.17 (+5.87% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 97.45 · day 97.46–103.66 · 52w 82–168.56 · market cap $4.50B · NYQ

## Key facts
- Last four reported quarters (through Jun 28, 2026): revenue $4.77B, net income $158M (3.3% margin), free cash flow $259M (SEC filings).
- Valuation: P/E 28.4x (avg 42.8x at the last 3 fiscal year-ends), net debt $418M.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $128K; 0 not under a Rule 10b5-1 plan ($0K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 3 Form 4 filings, $1.5M; 2 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.38 on a 1–5 scale) (13 analysts), mean target USD 119.25 (range 91–160).
- Total return with dividends: 1Y -16.9% vs S&P 500 +14.9%; 5Y -54.0% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 1.48, revenue estimate $1.30B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $3.48B | $4.01B | $4.30B | $4.54B | $4.70B | $4.77B |
| Gross profit | $1.21B | $1.42B | $1.49B | $1.56B | $1.64B | — |
| Operating income | $314M | $333M | $250M | $192M | $238M | $252M |
| Net income | $238M | $245M | $173M | $124M | $152M | $158M |
| EPS (diluted) | $5.20 | $5.36 | $3.80 | $2.71 | $3.37 | — |
| Free cash flow | $178M | $190M | $265M | $243M | $247M | $259M |
| Gross margin | 34.9% | 35.4% | 34.7% | 34.4% | 34.8% | — |
| Operating margin | 9.0% | 8.3% | 5.8% | 4.2% | 5.1% | 5.3% |
| Net margin | 6.9% | 6.1% | 4.0% | 2.7% | 3.2% | 3.3% |
| Revenue growth | +28.5% | +15.5% | +7.1% | +5.6% | +3.6% | — |
| Cash + short-term investments | $53.7M | $29.1M | $82.5M | $107M | $191M | — |
| Total debt | $255M | $351M | $373M | $388M | $385M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 28, 2026)
P/E 28.4x · P/S 0.9x · EV/Sales 1.0x · P/FCF 17.4x · P/B 2.7x · FCF yield 5.76% · Earnings yield 3.52% · Buyback yield (TTM) 3.43% · Net debt $418M · EV $4.92B
P/E at fiscal year-ends: Dec 2025 37.0x, Dec 2024 48.7x, Dec 2023 42.8x.

## Insider sales (SEC Form 4, open-market, last ~7 months)
1 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-05-27…2026-05-28 | Diaz Fred M | Director | 1,125 | $128K | 9.1% | Yes (adopted February 25, 2026) | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
3 purchases, $1.5M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-26 | Black Doug | CEO | 5,000 | $481K | 96.13 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-04 | Black Doug | CEO | 8,000 | $816K | 102.03 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-06 | Laughlin Daniel T. | SVP, Strategy & Development | 2,000 | $247K | 123.6 | Too little history (no open-market trades in 2023–2025) |

## Analysts
Consensus Buy (mean 2.38 on a 1–5 scale), 13 analysts; mean target USD 119.25 (low 91, high 160).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-08 | Deutsche Bank | Downgrade | Buy → Hold | $127 → $91 |
| 2026-10-07 | RBC Capital | Target lowered | Outperform | $135 → $124 |
| 2026-07-30 | UBS | Target lowered | Neutral | $140 → $110 |
| 2026-07-30 | RBC Capital | Target lowered | Outperform | $171 → $135 |
| 2026-07-30 | Truist Securities | Target lowered | Buy | $200 → $120 |
| 2026-07-30 | Keybanc | Target lowered | Overweight | $145 → $135 |
| 2026-07-30 | Barclays | Target lowered | Equal-Weight | $129 → $108 |
| 2026-07-30 | Stifel | Downgrade | Buy → Hold | $153 → $100 |
| 2026-07-28 | Baird | Target lowered | Outperform | $160 → $155 |
| 2026-07-14 | Barclays | Target lowered | Equal-Weight | $148 → $129 |
| 2026-07-13 | Keybanc | Initiated | Overweight | $145 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -16.9% | -54.0% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -17.0% | -14.3% |
| Volatility (annualized) | 42.1% | 40.3% |
| Max drawdown | -47.1% (Feb 2026→Oct 2026) | -65.0% (Nov 2021→Oct 2026) |

## Peers (Industrial Distribution)
XMTR (Xometry, Inc.) USD 89.16 +0.25% · DNOW (DNOW Inc.) USD 15.41 -4.29% · POOL (Pool Corporation) USD 197.21 +14.36% · DXPE (DXP Enterprises, Inc.) USD 157.66 -11.20% · REZI (Resideo Technologies, Inc.) USD 17.79 +1.77% · CNM (Core & Main, Inc.) USD 42.33 +2.17%

## More
Full page: https://nexqual.com/SITE · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by product line (quarter ended 2026-06-28)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Landscaping products | $1.19B | 77.6% | +2.8% |
| Agronomic and other products | $343.3M | 22.4% | +12.0% |
| Total revenue | $1.53B | 100% | — |

## Company outlook (8-K filed 2026-07-29)

- "Pricing was up 3% in the quarter and we expect this also to continue through the remainder of the year."
- "With the benefit of our commercial initiatives and price inflation, we expect Organic Daily Sales growth to be flat to up 1% for the full year."
- "Overall, including contributions from acquisitions, we expect to continue expanding our Adjusted EBITDA margin in 2026.”"
- "The extra week occurs in December of our fiscal fourth quarter during a historically slower sales period and, as a result, is expected to reduce Adjusted EBITDA for the year by approximately $4 million to $5 million."

Analysts expect $1.30B for the current quarter, +28885.7% vs the guidance midpoint $4.5M. Source: https://www.sec.gov/Archives/edgar/data/1650729/000110465926087746/tm2621404d1_ex99-1.htm

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $1.48 | $1.55 | -4.5% | $1.30B | 8 |
| Next quarter (ends 2026-12-31) | $-0.14 | $-0.13 | +4.5% | $1.11B | 8 |
| Current fiscal year (ends 2026-12-31) | $4.14 | $4.43 | -6.5% | $4.89B | 8 |
| Next fiscal year (ends 2027-12-31) | $4.95 | $5.42 | -8.6% | $5.06B | 8 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-10-28): ±12.1%; last 8 reports averaged ±6.3%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 52.7% | ±12.1% |
| 2026-12-18 | 56 | 47.7% | ±15.2% |
| 2027-01-15 | 84 | 42.6% | ±16.4% |
| 2027-04-16 | 175 | 43.2% | ±23.9% |