SiteOne Landscape Supply (SITE) Tax Rate (2015 - 2026)
SiteOne Landscape Supply (SITE) reported Tax Rate of 28.91% for Q1 2026, up 343.0% year-over-year from 6.53% in Q1 2025, and down 29.33% quarter-over-quarter from 40.91% in Q4 2025.
SiteOne Landscape Supply (SITE) Tax Rate (2015 - 2026) Analysis & Trends
SiteOne Landscape Supply (SITE) has 12 years of Tax Rate data on file, last reported at 28.91% in Q1 2026.
- Tax Rate for Q1 2026 came in at 28.91%, up 343.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.98% (down 182.0% YoY), and the FY2025 annual result was 22.5%, up 6.0% from the prior year.
- Tax Rate eased to 28.91% in Q1 2026 per SITE's latest filing, from 40.91% in the prior quarter.
- Over five years, Tax Rate peaked at 59.52% in Q4 2023 and troughed at 12.47% in Q2 2022.
- A 5-year average of 28.95% and a median of 25.47% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2024: Tax Rate soared 6349 bps in 2022, then tumbled 2756 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 23.8% in 2022, then soared by 150 bps to 59.52% in 2023, then tumbled by 46 bps to 31.96% in 2024, then grew by 28 bps to 40.91% in 2025, then slipped by 29 bps to 28.91% in 2026.
- Business Quant data shows SITE's Tax Rate at 28.91% in Q1 2026, 40.91% in Q4 2025, and 20.37% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 22.74% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 24.22% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 26.07% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 21.86% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 20.32% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 18.98% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 26.17% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 22.34% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 24.17% |
| 10 | SiteOne Landscape Supply | 4.77 Bn | 4.69 Bn | 318.80 Mn | 28.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 28.91% |
| Mar 29, 2026 | 28.91% |
| Dec 28, 2025 | 40.91% |
| Dec 28, 2025 | 40.91% |
| Sep 28, 2025 | 20.37% |
| Sep 28, 2025 | 20.37% |
| Jun 29, 2025 | 25.41% |
| Jun 29, 2025 | 25.41% |
| Mar 30, 2025 | 25.47% |
| Mar 30, 2025 | 25.47% |
| Dec 29, 2024 | 31.96% |
| Dec 29, 2024 | 31.96% |
| Sep 29, 2024 | 26.16% |
| Sep 29, 2024 | 26.16% |
| Jun 30, 2024 | 24.91% |
| Jun 30, 2024 | 24.91% |
| Mar 31, 2024 | 33.45% |
| Mar 31, 2024 | 33.45% |
| Dec 31, 2023 | 59.52% |
| Dec 31, 2023 | 59.52% |