| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 60 | 25.4x | 17.8x | Around median | |
Growth | 41 | 3.3% | 7.1% | Around median | |
Quality | 67 | 8.5% | 4.5% | Top tier | |
Safety | 76 | 1.5x | 2.6x | Top tier | |
Capital Return | 90 | — | 2.12% | Top tier | |
Momentum | 8 | -31.4% | 2.9% | Bottom tier | |
Sentiment | 90 | 5 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
SiteOne Landscape Supply is an integrated national wholesale distributor of landscape products, serving the market through more than 680 branches and five distribution centers across 45 U.S. states and five Canadian provinces. Its portfolio includes irrigation, nursery, hardscapes, outdoor lighting, fertilizer, control products, and equipment, with 66% of sales derived from maintenance, repair, and upgrade, 20% from new residential construction, and 14% from new commercial and recreational construction. On July 29, 2026, management estimated the addressable market at approximately $36 billion, compared with the company's roughly 13% share and a scale about three times that of its nearest competitor.
SiteOne relies on a combination of branch growth, organic sales, acquisitions of local distributors, and expansion of private-label products. Since the beginning of 2014, the company has completed 108 acquisitions that added approximately $2.2 billion in trailing twelve-month sales, while the two acquisitions completed during fiscal 2026 added approximately $110 million, including Reinders, which specializes in irrigation, agricultural products, and lighting in the Midwest. The company also aims to improve profitability through private labels, service to small customers, digital sales, and improvements to delivery and underperforming branches.
In Q2 of fiscal 2026, net sales increased 5% to $1.53 billion, gross profit rose 6% to approximately $565 million, and gross margin improved 50 basis points to 36.9%. Net income attributable to SiteOne increased 8% to $139.3 million, and adjusted earnings before interest, taxes, depreciation, and amortization rose 5% to $237.2 million, with the margin remaining stable at 15.5%. Daily organic growth of 1% came from price increases of approximately 3% despite a volume decline of nearly 2%, while acquisitions added approximately $49 million, or 3%, to sales growth.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $129 with a Buy consensus, and the target range is between $100 and $160; the highest target is below the 52-week range peak of $168.56, while the lowest target is above the range low of $90.07. This divergence reflects the market's balancing of margin expansion and acquisitions on one hand against declining volumes and weakness in residential construction and repair and upgrade on the other, and the available data do not provide a valid earnings multiple to serve as an additional valuation anchor.
Figures in the text are as of 2026-08-31; the live price is shown at the top of the page.
SiteOne sells wholesale landscape products through more than 680 branches and five distribution centers in the United States and Canada. Its products include irrigation, nursery, hardscapes, lighting, fertilizer, control products, and equipment. According to the July 29, 2026 presentation, 66% of sales come from maintenance, repair, and upgrade, 20% from new residential construction, and 14% from new commercial and recreational construction. Net sales in Q2 of fiscal 2026 were approximately $1.53 billion.
Net sales increased 5% in Q2 of fiscal 2026, but organic volume declined nearly 2%. Price increases of approximately 3% offset this decline, resulting in daily organic sales growth of 1%. Acquisitions added approximately $49 million, or 3%, to sales growth. Therefore, growth was driven more by pricing and acquisitions than by volume growth.
New residential construction represents 20% of SiteOne's sales, and management expects demand in this segment to decline by a high-single-digit percentage during fiscal 2026. Weakness was more severe in California, Arizona, and Texas, while the Central region achieved double-digit organic growth in Q1 and Q2 of fiscal 2026. The company also expects the repair and upgrade market, which represents 30% of sales, to decline by a mid-single-digit percentage. These pressures contributed to an organic volume decline of nearly 2% in Q2 of fiscal 2026.
Sales of the private-label Pro-Trade brand increased by approximately 50% in Q2 of fiscal 2026, and Pro-Trade, Solstice, and the private-label portfolio collectively grew by approximately 40%. This growth, together with expanded sales to small customers, helped increase gross margin by 50 basis points to 36.9%. Sales through siteone.com increased by more than 50% during the first half of fiscal 2026. The number of regular active platform users also increased by approximately 40% during the same period.
Management expects daily organic growth between flat and 1% and a pricing contribution of approximately 3% during fiscal 2026. It expects gross margin to be higher than in fiscal 2025 and selling, general, and administrative expenses as a percentage of sales to remain approximately stable. The adjusted earnings before interest, taxes, depreciation, and amortization range is between $425 million and $455 million. This range includes a negative impact of $4 million to $5 million from the fifty-third week and excludes unannounced acquisitions.
Net debt at the end of Q2 of fiscal 2026 was approximately $556 million, equivalent to 1.3 times trailing twelve-month adjusted earnings before interest, taxes, depreciation, and amortization. Available liquidity was approximately $530 million, including $87 million in cash and $443 million in available borrowing capacity. The company completed two acquisitions during fiscal 2026 that added approximately $110 million in trailing twelve-month sales. Through July 2026, it had repurchased 1.053 million shares for approximately $124 million while maintaining acquisition-driven growth as its top priority.
