SiteOne Landscape Supply, Inc. (SITE) [Rocket]

In millions, except per share items	Jan-01-23	Jan-02-22	Jan-03-21	Dec-29-19	Dec-30-18	Dec-31-17	Jan-01-17	Jan-03-16
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Agronomic								525
Irrigation and Outdoor Lighting								512
Landscape and other								233
Nursery								181
Total revenues	4,015	3,476	2,705	2,358	2,112	1,862	1,648	1,452
Revenue growth [+]	15.5%	28.5%	14.7%	11.6%	13.5%	13.0%	13.5%	23.4%
Agronomic								10.9%
Irrigation and Outdoor Lighting								18.5%
Landscape and other								32.4%
Nursery								91.9%
Unit growth	6.8%	3.5%	3.6%	0.0%	15.8%	5.6%	12.5%
Cost of goods sold	2,593	2,263	1,803	1,584	1,434	1,266	1,133	1,023
Gross profit	1,422	1,213	901	773	678	596	516	429
Gross margin	35.4%	34.9%	33.3%	32.8%	32.1%	32.0%	31.3%	29.6%
Selling, general and administrative	1,097	901	728	654	579	502	447	373
Other operating expenses	-9	-2	-7	-6	-8	-5	-5	-4
Adjusted EBITDA	404	375	228	171	146	129	116	94
Adjusted EBITDA margin	10.1%	10.8%	8.4%	7.3%	6.9%	6.9%	7.0%	6.5%
Stock-based compensation	18	14	11	12	8	6	5	3
EBITDA [+]							111	91
EBITDA growth	6.9%	65.7%	36.6%	15.4%	12.0%	11.1%	22.0%	38.9%
EBITDA margin	9.6%	10.4%	8.0%	6.8%	6.5%	6.6%	6.7%	6.3%
Depreciation	1	2	2	2	2	2	15	13
EBITA	384	359	216	157	136	122	96	78
EBITA margin	9.6%	10.3%	8.0%	6.7%	6.4%	6.5%	5.8%	5.4%
Amortization of intangibles	51	45	36	32	29	24	22	18
EBIT [+]	333	314	180	125	107	98	74	60
EBIT growth	6.2%	74.5%	44.0%	16.4%	9.7%	32.2%	23.7%	32.3%
EBIT margin	8.3%	9.0%	6.6%	5.3%	5.1%	5.3%	4.5%	4.1%
Interest expense	20	19	31	33	31	25	22	11
Interest expense	20	19	31	33	31	25	22	11
Other income (expense), net					-1	0	0	0
Pre-tax income	313	295	149	92	75	73	52	48
Income taxes	68	56	28	14	1	18	21	20
Tax rate	21.6%	19.0%	18.5%	15.1%	1.7%	24.8%	41.0%	40.3%
Net income	245	238	121	78	74	55	-91	-15
Net margin	6.1%	6.9%	4.5%	3.3%	3.5%	2.9%	-5.5%	-1.0%

Basic EPS [+]	$5.45	$5.35	$2.83	$1.89	$1.83	$1.37	($3.01)	($1.04)
Growth	1.9%	89.0%	50.1%	3.3%	32.9%	-145.6%	189.5%	259.8%
Diluted EPS [+]	$5.36	$5.20	$2.75	$1.82	$1.73	$1.29	($3.01)	($1.04)
Growth	3.0%	89.2%	51.4%	4.9%	34.0%	-142.9%	189.5%	259.8%

Dividends per share [+]							$6.23
Growth						-100.0%

Shares outstanding (basic) [+]	45	45	43	41	40	40	30	14
Growth	1.1%	4.0%	4.0%	1.8%	1.8%	31.1%	113.3%	2.8%
Shares outstanding (diluted) [+]	46	46	44	43	43	42	30	14
Growth	-0.1%	3.9%	3.1%	0.3%	1.0%	39.2%	113.3%	2.8%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.