SiteOne Landscape Supply, Inc. (SITE) Stock

SiteOne Landscape Supply, Inc. (SITE) is a Consumer Discretionary stock trading at $95.95 (as of 2026-08-21), with a market capitalization of $4.25B and a trailing P/E of 31.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

SiteOne Landscape Supply, Inc. operates as a wholesale distributor of landscape supplies in the United States and Canada, offering a large range of products such as irrigation, fertilizers and grass seed, pesticides, landscape accessories, nursery goods, hardscape materials, and outdoor lighting items. It also provides support services including help with irrigation network design, commercial project planning, sales lead generation, product support, and business/technical seminars.

Understand SiteOne Landscape Supply, Inc.: how it makes money

SiteOne Landscape Supply distributes landscape supplies in the United States and Canada, making money by wholesaling a large assortment of irrigation, fertilizer, pesticides, accessories, and nursery goods to customers in residential and commercial end markets.

Because SiteOne is a wholesale distributor, its profit model is driven by (1) organic daily sales momentum and (2) the mix of demand between maintenance and repair or upgrade versus new residential and new commercial construction.

Revenue by segment (latest quarter)
Net Sales	$0.9B

Business quality (Weak): Read it as a wholesale distributor where end-market mix and organic daily sales are the key operating signals, and where profitability has been pressured (operating margin is negative).

Valuation: At 35× earnings, SITE trades 44% above the Wholesale average (24×). Note: one-time items can distort reported P/E.

Bull case

Demand mix leans toward ongoing usage: Maintenance and repair or upgrade together represent 65% of sales (35% maintenance, 30% repair and upgrade), which can be a stabilizing feature versus pure new construction exposure.
Broad product assortment supports customer needs: The company offers approximately 135,000 stock keeping units, including irrigation controllers, valves, sprinkler heads, irrigation pipes, fertilizer, grass seed, ice melt, pesticides, landscape accessories, and nursery goods.

Bear case

Profitability is currently under pressure: Latest period operating margin is negative (-2.8%).
Organic sales trend is declining: Organic Daily Sales is -1.0%.
Some exposure to new construction cycles: New residential construction is 21% of sales, and new commercial construction is 14% of sales, which can be more cyclical than maintenance.

Valuation — source: SEC EDGAR (first-party)
Price	$95.95
Market Cap	$4.25B
P/E Ratio	31.7
EV / EBITDA	21.7
Price / Book	2.62
Price / Sales	0.92
FCF Yield	-5.1%
DCF Value (model)	$51.33
DCF Upside vs Price	-46.5%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$4.70B
Net Margin	3.2%
Revenue Growth (YoY)	3.6%
EPS Growth (YoY)	24.2%
FCF Growth (YoY)	1.6%

Financial Health — source: SEC EDGAR
Altman Z-Score	4.24 (safe)

Valuation vs Sector & Industry
Stock P/E	31.7
Sector P/E (Consumer Discretionary)	20.7
Industry P/E (Wholesale)	24.0
vs Sector	53.1%
vs Industry	32.2%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($499.43M)
Institutional Holders Tracked	10
Congressional Trades (recent)	4

Company
Sector	Consumer Discretionary
Industry	Wholesale
CEO	Doug Black
Employees	7,840
Country	US
IPO Date	2016-05-12

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Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.