SiteOne Landscape Financials

SITE Stock  USD 183.60  3.05  1.69%   
Based on the measurements of operating efficiency obtained from SiteOne Landscape's historical financial statements, SiteOne Landscape Supply may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, SiteOne Landscape's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 962.1 M, whereas Total Assets are forecasted to decline to about 1.5 B. Key indicators impacting SiteOne Landscape's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.03080.0403
Way Down
Slightly volatile
Return On Assets0.05130.0613
Fairly Down
Slightly volatile
Operating Income153 M234.6 M
Way Down
Slightly volatile
Current Ratio3.062.4301
Significantly Up
Slightly volatile
The financial analysis of SiteOne Landscape is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for SiteOne Landscape includes many different criteria found on its balance sheet. For example, investors should never minimize SiteOne Landscape's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor SiteOne Landscape's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in SiteOne Landscape.

Net Income

106.75 Million

With this module, you can analyze SiteOne financials for your investing period. You should be able to track the changes in SiteOne Landscape individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past SiteOne Landscape Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of SiteOne Landscape's financial statements are interrelated, with each one affecting the others. For example, an increase in SiteOne Landscape's assets may result in an increase in income on the income statement.
Evaluating SiteOne Landscape's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of SiteOne Landscape's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the SiteOne Landscape's relative financial performance

Chance Of Distress

Less than 5

 
100  
 
Zero
Very Low
SiteOne Landscape Supply has less than 5 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for SiteOne Landscape stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, SiteOne Landscape's odds of distress score SHOULD NOT be confused with the real chance of SiteOne Landscape Supply filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as SiteOne is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include SiteOne Landscape's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in SiteOne Landscape's official financial statements usually reflect SiteOne Landscape's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of SiteOne Landscape Supply. For example, before you start analyzing numbers published by SiteOne accountants, it's critical to develop an understanding of what SiteOne Landscape's liquidity, profitability, and earnings quality are in the context of the Trading Companies & Distributors space in which it operates.
Please note, the presentation of SiteOne Landscape's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SiteOne Landscape's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in SiteOne Landscape's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of SiteOne Landscape Supply. Please utilize our Beneish M Score to check the likelihood of SiteOne Landscape's management manipulating its earnings.

SiteOne Landscape Company Summary

SiteOne Landscape competes with Distribution Solutions, WESCO International, Ferguson Plc, and Global Industrial. SiteOne Landscape Supply, Inc. engages in the wholesale distribution of landscape supplies in the United States and Canada. SiteOne Landscape Supply, Inc. was incorporated in 2013 and is headquartered in Roswell, Georgia. Siteone Landscape operates under Industrial Distribution classification in the United States and is traded on New York Stock Exchange. It employs 5250 people.
Specialization
Industrials, Industrial Distribution
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001650729
ISINUS82982L1035
CUSIP82982L103
RegionNorth America
LocationGeorgia; U.S.A
Business Address300 Colonial Center
SectorTrading Companies & Distributors
IndustryIndustrials
BenchmarkNYSE Composite
Websitewww.siteone.com
Phone470 277 7000
CurrencyUSD - US Dollar
You should never invest in SiteOne Landscape without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of SiteOne Stock, because this is throwing your money away. Analyzing the key information contained in SiteOne Landscape's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

SiteOne Landscape Key Financial Ratios

Generally speaking, SiteOne Landscape's financial ratios allow both analysts and investors to convert raw data from SiteOne Landscape's financial statements into concise, actionable information that can be used to evaluate the performance of SiteOne Landscape over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that SiteOne Landscape Supply reports annually and quarterly.

SiteOne Landscape Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.7B2.1B2.5B2.8B1.5B
Other Current Liab82.3M123.5M172.5M180.7M188.8M108.7M
Net Debt763.7M512.8M553.2M710.4M778.9M531.7M
Retained Earnings137.8M259.1M497.5M742.9M916.3M962.1M
Accounts Payable162.2M172.8M254.5M279.7M270.8M179.2M
Cash19M55.2M53.7M29.1M82.5M86.6M
Net Receivables290.4M299.6M397.1M466.4M490.6M300.6M
Good Will181.3M250.6M311.1M411.9M485.5M509.8M
Inventory427.1M458.6M636.6M767.7M771.2M483.7M
Other Current Assets29.3M38.2M41.4M56.1M61M36.7M
Total Liab1.1B900.7M1.1B1.2B1.3B945.6M
Total Current Assets765.8M851.6M1.1B1.3B1.4B855.1M
Short Term Debt59.8M66.6M77.1M88.9M110.7M116.2M
Intangible Assets150.6M196.3M213.9M276M280.8M177.1M
Other Liab11.1M30.7M15.7M20.6M18.5M17.5M
Net Tangible Assets57.8M348.1M532.7M615M707.3M742.6M
Other Assets9.2M5.9M6.2M10.7M12.3M9.1M
Long Term Debt520.4M260.7M251.2M346.6M367.6M378.2M
Long Term Debt Total536.6M260.7M251.2M346.6M311.9M298.9M
Capital Surpluse261.5M541.8M562M577.1M663.7M377.4M

SiteOne Landscape Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what SiteOne Landscape's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense33.4M31M19.2M20M27.1M22.0M
Total Revenue2.4B2.7B3.5B4.0B4.3B2.5B
Gross Profit773.2M901.3M1.2B1.4B1.5B819.2M
Operating Income124.9M179.8M313.7M333.1M234.6M153.0M
Ebit124.9M179.8M313.7M333.1M234.6M153.0M
Ebitda184.4M247M396.7M436.9M362.3M212.2M
Cost Of Revenue1.6B1.8B2.3B2.6B2.8B1.7B
Income Before Tax91.5M148.8M294.5M313.1M223.2M134.1M
Net Income77.7M121.3M238.4M245.4M173.4M106.7M
Income Tax Expense13.8M27.5M56.1M67.7M49.8M26.8M
Tax Provision13.8M27.5M56.1M67.7M49.8M33.6M
Net Interest Income(33.4M)(31M)(19.2M)(20M)(27.1M)(28.5M)

SiteOne Landscape Key Cash Accounts

Cash flow analysis captures how much money flows into and out of SiteOne Landscape Supply. It measures of how well SiteOne is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money SiteOne Landscape brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money SiteOne had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what SiteOne Landscape has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(3M)(7.9M)(156.9M)(99.3M)38.1M40.0M
Change In Cash1.7M36.2M(1.5M)(24.6M)53.4M56.1M
Free Cash Flow109.4M203.6M173.8M175.5M261.5M274.6M
Depreciation59.5M67.2M83M103.8M127.7M134.1M
Capital Expenditures21.4M25.8M37M41.7M36M21.1M
Net Income77.7M121.3M238.4M245.4M173.4M107.3M
End Period Cash Flow19M55.2M53.7M29.1M82.5M86.6M
Net Borrowings(35.7M)(265.6M)(24M)95.1M85.6M89.9M
Change To Netincome9.9M14.3M18.4M15.2M17.5M18.4M
Investments(91.9M)(184.2M)(182M)(284.4M)(282.6M)(268.5M)
Change Receivables6.1M2.8M(92.1M)(44.6M)(40.1M)(42.1M)

SiteOne Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining SiteOne Landscape's current stock value. Our valuation model uses many indicators to compare SiteOne Landscape value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SiteOne Landscape competition to find correlations between indicators driving SiteOne Landscape's intrinsic value. More Info.
SiteOne Landscape Supply is rated second in shares owned by insiders category among related companies. It is rated second in gross profit category among related companies fabricating about  917,096,774  of Gross Profit per Shares Owned By Insiders. At present, SiteOne Landscape's Gross Profit is projected to increase significantly based on the last few years of reporting.. Comparative valuation analysis is a catch-all model that can be used if you cannot value SiteOne Landscape by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SiteOne Landscape's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SiteOne Landscape's earnings, one of the primary drivers of an investment's value.

SiteOne Landscape Supply Systematic Risk

SiteOne Landscape's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SiteOne Landscape volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on SiteOne Landscape Supply correlated with the market. If Beta is less than 0 SiteOne Landscape generally moves in the opposite direction as compared to the market. If SiteOne Landscape Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SiteOne Landscape Supply is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SiteOne Landscape is generally in the same direction as the market. If Beta > 1 SiteOne Landscape moves generally in the same direction as, but more than the movement of the benchmark.

About SiteOne Landscape Financials

What exactly are SiteOne Landscape Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include SiteOne Landscape's income statement, its balance sheet, and the statement of cash flows. Potential SiteOne Landscape investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although SiteOne Landscape investors may use each financial statement separately, they are all related. The changes in SiteOne Landscape's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SiteOne Landscape's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze SiteOne Landscape Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as SiteOne Landscape is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of SiteOne has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if SiteOne Landscape's financials are consistent with your investment objective using the following steps:
  • Review SiteOne Landscape's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand SiteOne Landscape's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare SiteOne Landscape's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if SiteOne Landscape's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

SiteOne Landscape Thematic Clasifications

SiteOne Landscape Supply is part of Agriculture investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Agriculture industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
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This theme covers USA Equities from Agriculture industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in SiteOne Landscape Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SiteOne Landscape's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of SiteOne Landscape growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.38)

At present, SiteOne Landscape's Price Earnings To Growth Ratio is projected to increase based on the last few years of reporting.

SiteOne Landscape March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of SiteOne Landscape help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SiteOne Landscape Supply. We use our internally-developed statistical techniques to arrive at the intrinsic value of SiteOne Landscape Supply based on widely used predictive technical indicators. In general, we focus on analyzing SiteOne Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SiteOne Landscape's daily price indicators and compare them against related drivers.
When determining whether SiteOne Landscape Supply is a strong investment it is important to analyze SiteOne Landscape's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SiteOne Landscape's future performance. For an informed investment choice regarding SiteOne Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SiteOne Landscape Supply. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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When running SiteOne Landscape's price analysis, check to measure SiteOne Landscape's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SiteOne Landscape is operating at the current time. Most of SiteOne Landscape's value examination focuses on studying past and present price action to predict the probability of SiteOne Landscape's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SiteOne Landscape's price. Additionally, you may evaluate how the addition of SiteOne Landscape to your portfolios can decrease your overall portfolio volatility.
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Is SiteOne Landscape's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SiteOne Landscape. If investors know SiteOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SiteOne Landscape listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Earnings Share
3.79
Revenue Per Share
95.343
Quarterly Revenue Growth
0.084
Return On Assets
0.0599
The market value of SiteOne Landscape Supply is measured differently than its book value, which is the value of SiteOne that is recorded on the company's balance sheet. Investors also form their own opinion of SiteOne Landscape's value that differs from its market value or its book value, called intrinsic value, which is SiteOne Landscape's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SiteOne Landscape's market value can be influenced by many factors that don't directly affect SiteOne Landscape's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SiteOne Landscape's value and its price as these two are different measures arrived at by different means. Investors typically determine if SiteOne Landscape is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SiteOne Landscape's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.