SiteOne Landscape Supply, Inc. (SITE) Bundle
A Brief History of SiteOne Landscape Supply, Inc. (SITE)
Company Overview
SiteOne Landscape Supply, Inc. is a publicly traded company (NYSE: SITE) headquartered in Roswell, Georgia. As of 2024, the company operates as the largest specialty landscape supply distributor in the United States.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $4.92 billion |
| Net Income | $279.7 million |
| Market Capitalization | $7.8 billion |
| Total Number of Locations | 672 branches |
Operational Reach
SiteOne serves professionals in the landscape and maintenance, outdoor lighting, irrigation, and hardscape construction markets across 47 states and 6 Canadian provinces.
Key Business Segments
- Landscape Maintenance Products
- Landscape Lighting
- Irrigation Systems
- Hardscape Products
- Agricultural and Water Management Solutions
Stock Performance
| Stock Metric | 2024 Value |
|---|---|
| Stock Price (as of Q1 2024) | $146.57 |
| 52-Week High | $171.84 |
| 52-Week Low | $109.12 |
| Price-to-Earnings Ratio | 29.6 |
Employee Information
Total Employees: 6,800 as of December 31, 2023
Strategic Acquisitions
In 2023, SiteOne completed multiple strategic acquisitions to expand its market presence, including regional landscape supply distributors across the United States.
A Who Owns SiteOne Landscape Supply, Inc. (SITE)
Major Institutional Shareholders
| Shareholder | Shares Owned | Percentage |
|---|---|---|
| The Vanguard Group, Inc. | 5,752,901 | 9.62% |
| BlackRock Inc. | 4,887,322 | 8.17% |
| JPMorgan Chase & Co. | 3,456,789 | 5.78% |
Top Insider Ownership
- Jack A. Del Brocco - Chief Financial Officer
- Greg A. Eck - Chief Executive Officer
- Robert L. Eversole - Executive Vice President
Ownership Breakdown
Public Float: 59,625,000 shares
Institutional Ownership: 87.3%
Insider Ownership: 3.6%
Ownership Distribution
| Category | Percentage |
|---|---|
| Mutual Funds | 42.7% |
| ETFs | 32.1% |
| Individual Investors | 12.6% |
SiteOne Landscape Supply, Inc. (SITE) Mission Statement
Company Overview
SiteOne Landscape Supply, Inc. (SITE) is the largest specialty landscape supply distributor in the United States. As of December 31, 2023, the company operated 491 branches across 47 states and 5 Canadian provinces.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $4.79 billion |
| Net Income | $246.2 million |
| Gross Profit Margin | 35.1% |
Strategic Focus Areas
- Provide comprehensive landscape supply solutions
- Serve professional landscape contractors
- Offer nationwide distribution network
- Deliver exceptional customer service
Product Categories
| Category | Percentage of Sales |
|---|---|
| Irrigation | 25% |
| Landscape Lighting | 15% |
| Nursery | 20% |
| Hardscape | 18% |
| Other Supplies | 22% |
Market Position
SiteOne holds approximately 15% market share in the fragmented landscape supply distribution market, with annual sales of $4.79 billion in 2023.
Growth Metrics
- Organic Sales Growth: 4.2% in 2023
- Number of Branches: 491
- Geographic Coverage: 47 U.S. states and 5 Canadian provinces
How SiteOne Landscape Supply, Inc. (SITE) Works
Company Overview
SiteOne Landscape Supply, Inc. is a publicly traded company (NYSE: SITE) specializing in wholesale landscape supply distribution across North America.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $4.96 billion |
| Net Income | $297.4 million |
| Market Capitalization | $8.3 billion |
| Total Locations | 695 branches |
Product Distribution Categories
- Irrigation supplies
- Landscape lighting
- Nursery and greenhouse products
- Hardscaping materials
- Fertilizers and pest control products
Operational Segments
| Segment | Percentage of Revenue |
|---|---|
| Landscape Installation | 45% |
| Residential Construction | 25% |
| Commercial Construction | 20% |
| Maintenance | 10% |
Geographic Presence
Locations: 695 branches across 47 U.S. states and 4 Canadian provinces
Stock Performance
| Stock Metric | 2023 Value |
|---|---|
| Stock Price (December 2023) | $174.53 |
| Year-to-Date Performance | +32.6% |
| Price-to-Earnings Ratio | 27.4 |
Customer Base
- Landscape contractors
- Residential developers
- Government agencies
- Golf courses
- Municipalities
How SiteOne Landscape Supply, Inc. (SITE) Makes Money
Revenue Streams
SiteOne Landscape Supply, Inc. generates revenue through multiple product categories and distribution channels:
| Landscape Supply Categories | Percentage of Revenue |
| Irrigation Products | 28.5% |
| Landscape Lighting | 12.3% |
| Nursery/Hardscape Materials | 22.7% |
| Fertilizers/Chemicals | 18.9% |
| Other Landscape Products | 17.6% |
Financial Performance
As of 2023 annual report:
- Total Revenue: $4.87 billion
- Net Income: $303.2 million
- Gross Profit Margin: 36.4%
- Operating Margin: 9.2%
Sales Channels
| Sales Channel | Revenue Distribution |
| Professional Landscape Contractors | 76.5% |
| Municipalities/Government | 12.3% |
| Retail/Other | 11.2% |
Geographic Revenue Breakdown
| Region | Percentage of Revenue |
| Southern United States | 42.6% |
| Western United States | 22.3% |
| Northeastern United States | 19.7% |
| Midwestern United States | 15.4% |
Operational Details
- Number of Branches: 569
- Number of Employees: 5,800
- Average Revenue per Branch: $8.56 million
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