SiteOne Landscape Supply, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data SiteOne Landscape Supply, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	1,648	1,862	2,112	2,358	2,705	3,476	4,015	4,301	4,541	4,705
Cost of revenue		1,266	1,434	1,584	1,803	2,263	2,593	2,810	2,981	3,070
Gross profit	516	596	678	773	901	1,213	1,422	1,491	1,560	1,635
Selling, general and administrative	447	502	579	654	728	901	1,097	1,257	1,385	1,416
Operating income	74	97.8	107	125	180	314	333	250	192	238
Interest expense	22.1	25.2	32.1	33.4	31	19.2	20	27.1	31.9	35
Pre-tax income	51.9	72.6	75.2	91.5	149	295	313	223	160	203
Income tax	21.3	18	1.3	13.8	27.5	56.1	67.7	49.8	36	45.7
Net income to minority interests							0	0	0.8	2
Net income	30.6	54.6	73.9	77.7	121	238	245	173	124	152
EBITDA	88.2	115	129
EPS, basic	-3.01	1.37	1.83	1.89	2.83	5.35	5.45	3.84	2.73	3.39
EPS, diluted	-3.01	1.29	1.73	1.82	2.75	5.20	5.36	3.80	2.71	3.37
Shares, basic (weighted)	30.3	39.8	40.5	41.2	42.9	44.6	45	45.1	45.2	44.8
Shares, diluted (weighted)	30.3	42.2	42.6	42.8	44.1	45.8	45.8	45.7	45.6	45.1

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	16.3	16.7	17.3	19	55.2	53.7	29.1	82.5	107	191
Receivables	169	220	285	283	293	394	456	491	547	547
Inventory	290	338	412	427	459	637	768	771	827	877
Other current assets	13.5	24.3	41.1	29.3	38.2	41.4	56.1	61	55.9	62.5
Total current assets	490	602	765	766	852	1,129	1,319	1,405	1,550	1,699
Property, plant and equipment	69.8	75.5	88.4	105	130	152	189	249	292	295
Lease right-of-use assets			0	231	257	299	322	389	415	440
Goodwill	70.8	107	148	181	251	311	412	486	518	530
Intangible assets	103	113	156	151	196	214	276	281	261	220
Other non-current assets	8.7	14	10.7	7.8	8.3	9.1	12.6	13.7	16.2	20.6
Total assets	743	911	1,169	1,443	1,696	2,116	2,534	2,829	3,071	3,220
Accounts payable	108	124	185	162	173	255	280	271	316	311
Accrued liabilities	33.2	33.2	46	49.1	60	82	110	115	130	137
Deferred revenue			7.4	6.5	5.7	8.8	10.5	12.4	16.3	21
Short-term debt	3	3.5	4.5	4.5	2.8	4	4	5.3	4.3	3.9
Total current liabilities	186	206	282	311	369	513	560	578	641	687
Long-term debt	373	460	554	520	261	251	347	368	384	382
Lease liabilities			0	186	208	244	260	313	342	363
Other non-current liabilities	9.1	16.8	14	13.2	25.3	10.6	12.8	11.5	11	4
Total liabilities	594	698	867	1,050	901	1,058	1,231	1,343	1,479	1,536
Total debt	376	464	558	525	264	255	351	373	388	385
Paid-in capital	219	228	242	262	542	562	577	602	627	658
Retained earnings	-69.7	-15.1	60.1	138	259	498	743	916	1,040	1,192
Treasury stock						-0.3	-25.3	-36.7	-88.3	-186
Other comprehensive income	-1.2	-0.3	-0.8	-6.5	-6.3	-2.2	7.7	4.2	-6.1	-4.9
Shareholders' equity	149	213	302	393	795	1,058	1,303	1,486	1,573	1,659
Total equity	149	213	302	393	795	1,058	1,303	1,486	1,573	1,659
Total liabilities and equity	743	911	1,169	1,443	1,696	2,116	2,534	2,829	3,071	3,220
Shares outstanding	39.6	39.6	40.9	41.6	44.3	44.8	44.9	45.1	44.9	44.4

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	30.6	54.6	73.9	77.7	121	238	245	173	124	157
Depreciation and amortization	14.2	17.6	21.5
Stock-based compensation	4.7	5.9	7.9	11.7	10.6	14.3	18.3	25.7	25	27
Deferred income tax	-9.9	-16.5	-7.1	-3.4	0.4	-3.1	-5.2	-14.5	-11	3.8
Change in receivables	-18.7	-40.5	-43.4
Change in inventory	-0.6	-31	-38.5	-3	-7.9	-157	-99.3	38.1	19	-42.8
Change in payables	8.2	7.1	40.4	-29	-4.3	74.4	8.9	-35.1	29.7	-6.2
Cash from operations	72.9	16.3	78.1	131	229	211	217	298	283	301
Capital expenditures	-8.8	-14.5	-14.9	-19.5	-18.6	-32.5	-27.1	-32.1	-40.5	-53.7
Acquisitions	-66.4	-82.9	-148	-71.5	-159	-147	-245	-193	-138	-37.9
Cash from investing	-74.9	-98.6	-164	-91.9	-184	-182	-284	-226	-177	-83.4
Debt issued	571	650	447	0	0	325	0	120	220	0
Debt repaid	-336	-598	-350	-4.5	-173	-339	-2.6	-3.2	-197	-3.9
Stock issued	0.2	2.7	6.7	8.4	272	9.3	3.6	5.2	5.6	9.7
Share buybacks	-0.2	0	0		0	0	-24.4	-12	-51.3	-98.3
Dividends paid	-13	0	0
Cash from financing	-1.8	82.5	86.8	-37.3	-9.1	-30.4	43.4	-18.3	-80.9	-135
Exchange rate effect		0.2	-0.2	0.1	0.1	0.1	-0.8	0.2	-0.8	1
Net change in cash	-3.8	0.4	0.6	1.7	36.2	-1.5	-24.6	53.4	24.6	83.5
Free cash flow	64.1	1.8	63.2	111	211	178	190	265	243	247
Interest paid	16.5	23.9	26.2	30.3	27.3	15.6	15.5	26.8	29.8	34.7
Income taxes paid	24.3	35.9	14.5	16	25.2	55.8	82.1	46	57.6	37.7

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to September 27, 2026; growth uses fiscal years. Valuation uses the share price of $117.44 on November 9, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	35.3%	Gross profit / revenue.
Operating margin	5.5%	Operating income / revenue.
Pre-tax margin	4.7%	Pre-tax income / revenue.
Net margin	3.5%	Net income / revenue.
FCF margin	5.2%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	6.7%	Cash from operations / revenue.
Effective tax rate	24.5%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	9.9%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	4.9%	Net income / average total assets.
Return on invested capital (ROIC)	9.5%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	30.3%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	0.6%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	1.5%	Capital expenditures / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	3.6%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	5.4%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	11.7%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	4.8%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	4.8%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	12.7%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	23.8%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	-10.6%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	5.8%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	22.8%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-14.8%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	4.6%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	24.4%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-14.3%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	4.2%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	6.0%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	11.4%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	5.5%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	1.6%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	9.1%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	3.2%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	5.5%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	8.4%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	15.9%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	4.8%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	8.3%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	13.7%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-1.2%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-0.5%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	0.4%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	2.41x	Current assets / current liabilities.
Quick ratio	0.89x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.11x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.28x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	13.9%	Total debt / total assets.
Liabilities / assets	50.6%	Total liabilities / total assets.
Net debt	$387.1M	Total debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage	7.35x	Operating income / interest expense.
Working capital	$1.09B	Current assets - current liabilities.
Goodwill and intangibles / assets	22.4%	(Goodwill + intangible assets) / total assets.
Tangible book value	$927.3M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	1.40x	Revenue / average total assets.
Fixed asset turnover	15.4x	Revenue / average property, plant and equipment.
Inventory turnover	2.92x	Cost of revenue / average inventory.
Days inventory	125 days	365 x average inventory / cost of revenue.
Receivables turnover	8.00x	Revenue / average receivables.
Days sales outstanding	46 days	365 x average receivables / revenue.
Days payables	42 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	129 days	Days inventory + days sales outstanding - days payables.
FCF conversion	148.6%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	22.5%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$3.83	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$109.72	Revenue / diluted weighted shares.
FCF per share	$5.68	Free cash flow / diluted weighted shares.
Operating cash flow per share	$7.34	Cash from operations / diluted weighted shares.
Book value per share	$39.32	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$21.50	Tangible book value / shares outstanding.
Cash per share	$2.05	(Cash + short-term investments) / shares outstanding.
Buybacks / FCF	87.0%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$5.13B	Share price x shares outstanding.
Enterprise value	$5.51B	Market cap + total debt - cash - short-term investments.
P/E	30.6x	Market cap / net income. Only when net income is positive.
P/S	1.07x	Market cap / revenue.
P/B	3.02x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	5.53x	Market cap / tangible book value, when positive.
P/FCF	20.6x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	15.9x	Market cap / cash from operations, when positive.
EV/Sales	1.15x	Enterprise value / revenue.
EV/EBIT	21.0x	Enterprise value / operating income, when both are positive.
EV/FCF	22.1x	Enterprise value / free cash flow, when both are positive.
FCF yield	4.9%	Free cash flow / market cap.
Earnings yield	3.3%	Net income / market cap (the inverse of P/E).
Shareholder yield	4.2%	(Dividends paid + share buybacks) / market cap.

What was SiteOne Landscape Supply, Inc.'s revenue in fiscal 2025?

SiteOne Landscape Supply, Inc. reported revenue of $4.70B for fiscal 2025, 3.6% higher than the year before.

Was SiteOne Landscape Supply, Inc. profitable in fiscal 2025?

Yes. Net income was $151.8M, a net margin of 3.2%.

How much free cash flow did SiteOne Landscape Supply, Inc. generate in fiscal 2025?

Cash from operations of $300.5M minus capital expenditures of $53.7M left free cash flow of $246.8M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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