SiteOne Landscape Supply Inc. (SITE): Investor Day 2026: Focus on Above Market Growth And Margin Expansion Despite Macro Headwinds

Research evidence excerpt

SiteOne Landscape Supply Inc. (SITE): Investor Day 2026: Focus on Above Market Growth And Margin Expansion Despite Macro Headwinds

Equity Research

25 June 2026 | 12:13AM EDT

(SITE)SiteOne Landscape Supply Inc.

Investor Day 2026: Focus on Above Market Growth And Margin Expansion Despite

Macro Headwinds

SITE 12m Price Target: $140.00 Price: $111.53 Upside: 25.5% NEUTRAL

Charles Perron-Piche, CFA

We come away from SiteOne’s 2026 Investor Day with increased +1(917)343-1847 | charles.perron-piche@gs.com

Goldman Sachs & Co. LLC

confidence in the company’s ability to drive above market growth

Susan Maklariand structural margin expansion over the long term despite current +1(212)357-3906 | susan.maklari@gs.com

macro headwinds. This comes as management is leveraging its Goldman Sachs & Co. LLC

industry leading scale, alongside commercial and operational Rhea+1(332)245-7517Bhatia | rhea.bhatia@gs.com

initiatives, to capture market share and drive productivity against a Goldman Sachs India SPL

gradually recovering industry backdrop. Specifically, we note an

Key Data _____________________________________emphasis on TAM expansion through adjacent verticals, digital

Market cap: $5.0bn

acceleration, and deeper small-customer penetration. These efforts Enterprise value: $5.3bn

are furthered by initiatives to maximize branch throughput and 3m ADTV:United$100.1mnStates

unlock meaningful SG&A leverage. Along with a normalization in Americas Homebuilders & Building Products

M&A Rank: 3

pricing and broader market demand by 2028, management expects GS Forecast __________________________________

to deliver 5-7% organic sales CAGR and 13% adj. EBITDA margin 12/25 12/26E 12/27E 12/28E

through 2030. In addition, we are encouraged by the targeted Revenue ($ mn) 4,704.8 4,959.0 5,224.1 5,502.1