Siteone Landscape Supply, Inc. · NYSE:SITE
Siteone Landscape Supply — Q2 2026 Earnings Presentation
18 slides from Siteone Landscape Supply's earnings presentation, Jul 29, 2026
Slide 1: Second Quarter 2026 Earnings
Second Quarter 2026 Earnings NYSE: SITE | July 29, 2026
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may include, but are not limited to, statements relating to our acquisition pipeline, organic and acqui
Slide 3: Conference call agenda
Conference call agenda Introduction Eric Elema, CFO Business Update Doug Black, Chairman and CEO Financial Update Eric Elema, CFO Development Update Daniel Laughlin, SVP Strategy & Development Closing & Outlook Doug Black, Chairman and CEO Q&A 3
Slide 4: Company and industry overview
Company and industry overview • Largest and only nationwide (U.S. and Canada) full product line wholesale distributor of landscape supplies • $36 billion highly fragmented market1 • Approximately three times the size of next competitor and only ~13% market share1 • Serving residential and commercial
Slide 5: SiteOne is built for continued growth and margin enhancement
SiteOne is built for continued growth and margin enhancement Current strategy ✓ Leverage strengths of both large and local company ■ Fully exploit our scale, resources and capabilities ■ Execute local market growth strategies ■ Deliver superior value to our customers and suppliers ■ Close and integr
Slide 6: Track record of performance and growth
Track record of performance and growth Net Sales Adjusted EBITDA ($ in Millions) ($ in Millions) ’16-’25 ’16-’25 $4,705 $4,015 $4,301 $4,541 Growth $464 Growth $3,476 $415 $411 $414 $378 $2,705 Sales $ Adj. EBITDA $ $2,358 +185% +209% $2,112 $260 $1,862 GM % $201 $1,648 $176 Adj. EBITDA % +350bps $1
Slide 7: Meaningful whitespace for future expansion
Meaningful whitespace for future expansion # Markets served at scale1 Missing both Full Product Missing Missing No Presence Hardscapes Line Offering Nursery Hardscapes & Nursery SiteOne offers all product lines in only ~35 ~30% of our target markets today… ~20 ~30 ~50 ~60 1. Target markets as of the
Slide 8: Second Quarter 2026 highlights
Second Quarter 2026 highlights Second Quarter 2026 highlights (compared to Second Quarter 2025): ✓ Net sales increased 5% to $1,530.7 million and Organic Daily Sales increased 1% ✓ Gross profit increased 6% to $564.5 million; gross margin expanded 50 basis points to 36.9% ✓ SG&A as a percentage of N
Slide 9: Review of Second Quarter 2026 financial results
Review of Second Quarter 2026 financial results Summary financials Financial highlights (compared to prior-year period) ($ in millions) +5% ■ Net sales increased 5% to $1,530.7 million – Organic Daily Sales increased 1% driven by price inflation in Net sales $1,530.7 $1,461.6 response to rising cost
Slide 10: Balance sheet and cash flow highlights
Balance sheet and cash flow highlights Quarter ended June 28, 2026 Balance sheet & cash flow highlights (compared to prior-year period) ($ in millions) ■ Working capital increased to $1.10 billion, compared to $1.06 billion – Increase attributable to working capital from acquisitions and early Worki
Slide 11: Proven track record of successful acquisitions
Proven track record of successful acquisitions 2014 – 2022 2023 2024 2025 2026 Total 2021 ▪ JK Enterprise ▪ J&J Materials ▪ Eggemeyer ▪ Pacific Nurseries ▪ Bourget Flagstone ▪ BellStone Masonry ▪ Triangle Landscape ▪ Devil Mountain ▪ Green Trade ▪ Reinders Supplies Wholesale Nursery* Nursery ▪ Prefe
Slide 12: Robust pipeline provides significant growth opportunity
Robust pipeline provides significant growth opportunity ✓ SiteOne is the leading industry consolidator 13% ✓ Significant sourcing advantage with 80+ leaders scouting new growth opportunities 87% ✓ Our pipeline remains robust ~$36bn market1 ✓ Experienced M&A team driving strong acquisition growth ✓ A
Slide 13: 2026 Outlook
2026 Outlook ✓ End market demand expected to be down with declines in new residential construction and repair and upgrade more than offsetting maintenance growth and flat new commercial construction ✓ Pricing expected to be up approximately 3% ✓ Organic Daily Sales expected to be flat to up 1% with
Slide 14: Investment highlights
Investment highlights Uniquely Clear market leader attractive industry Compelling and Proven management sustainable team growth strategy Operational and Value-creating commercial acquisitions excellence 14
Slide 15: Appendix
Appendix Second Quarter 2026 Earnings
Slide 16: Non-GAAP reconciliations
Non-GAAP reconciliations Adjusted EBITDA Reconciliation 2026 2025 2024 ($ in millions) Q2’26 Q1’26 Q4’25 Q3’25 Q2’25 Q1’25 Q4’24 Q3’24 Reported Net income (loss) $139.3 $(24.1) $(7.8) $60.6 $132.1 $(27.5) $(21.5) $44.6 Income tax expense (benefit) 48.3 (9.8) (5.4) 15.5 45.0 (9.4) (10.1) 15.8 Interes
Slide 17: Non-GAAP reconciliations
Non-GAAP reconciliations Adjusted EBITDA Reconciliation ($ in millions) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 Reported Net income $157.4 $124.4 $173.4 $245.4 $238.4 $121.3 $77.7 $73.9 $54.6 $30.6 Income tax expense 45.7 36.0 49.8 67.7 56.1 27.5 13.8 1.3 18.0 21.3 Interest expense, net 35
Slide 18: Non-GAAP reconciliations
Non-GAAP reconciliations 2026 Organic Daily Sales Reconciliation 2026 2025 ($ in millions) FY’26 Q4’26 Q3’26 Q2’26 Q1’26 FY’25 Q4’25 Q3’25 Q2’25 Q1’25 Reported Net sales -- -- -- $1,530.7 $940.1 $4,704.8 $1,045.6 $1,258.2 $1,461.6 $939.4 A Organic Sales -- -- -- 1,479.2 927.7 4,692.3 1,039.0 1,254.6
SiteOne Landscape Supply — Q2 2026 Earnings Presentation on 6ix