SiteOne Landscape Supply, Inc.
For the period ended Sep 28, 2025. Filed Oct 29, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 28, 2025 · Filed Oct 29, 2025
SITE$116.16-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows (Unaudited)
(In millions)
| Nine Months Ended | ||
|---|---|---|
| September 28, 2025 | September 29, 2024 | |
| Cash Flows from Operating Activities: | ||
| Net income | $165.2 | $145.9 |
| Adjustments to reconcile Net income to net cash provided by operating activities: | ||
| Amortization of finance lease right-of-use assets and depreciation | 60.5 | 55.3 |
| Stock-based compensation | 21.5 | 19.5 |
| Amortization of software and intangible assets | 45.6 | 48.1 |
| Amortization of debt related costs | 0.8 | 1.0 |
| Loss on extinguishment of debt | — | 1.8 |
| Gain on sale of equipment | (0.6) | (1.0) |
| Deferred income taxes | 0.5 | — |
| Other | (4.9) | (5.8) |
| Changes in operating assets and liabilities, net of the effects of acquisitions: | ||
| Receivables | (56.9) | (72.4) |
| Inventory | (131.6) | (44.2) |
| Income tax receivable | 7.3 | (4.0) |
| Prepaid expenses and other assets | (30.6) | (28.1) |
| Accounts payable | 24.5 | 47.2 |
| Income tax payable | — | (8.0) |
| Accrued expenses and other liabilities | 34.4 | 8.7 |
| Net Cash Provided By Operating Activities | $135.7 | $164.0 |
| Cash Flows from Investing Activities: | ||
| Purchases of property and equipment | (39.2) | (31.0) |
| Purchases of intangible assets | (0.6) | (3.4) |
| Acquisitions, net of cash acquired | (18.4) | (110.4) |
| Proceeds from the sale of property and equipment | 4.8 | 4.5 |
| Net Cash Used In Investing Activities | $(53.4) | $(140.3) |
| Cash Flows from Financing Activities: | ||
| Equity proceeds from common stock | 9.0 | 5.1 |
| Repurchases of common shares | (58.3) | (21.6) |
| Distributions to non-controlling interest | (1.0) | — |
| Borrowings under term loans | — | 220.1 |
| Repayments under term loans | (2.9) | (197.0) |
| Borrowings on asset-based credit facilities | 293.8 | 360.9 |
| Repayments on asset-based credit facilities | (291.1) | (354.9) |
| Payments of debt issuance costs | — | (2.2) |
| Payments on finance lease obligations | (24.1) | (19.4) |
| Payments of acquisition related contingent obligations | (3.8) | (4.7) |
| Other financing activities | (4.8) | (6.8) |
| Net Cash Used In Financing Activities | $(83.2) | $(20.5) |
| Effect of exchange rate on cash | 0.7 | (0.2) |
| Net change in cash | (0.2) | 3.0 |
| Cash and cash equivalents: | ||
| Beginning | 107.1 | 82.5 |
| Ending | $106.9 | $85.5 |
| Supplemental Disclosures of Cash Flow Information: | ||
| Cash paid during the year for interest | $26.0 | $23.0 |
| Cash paid during the year for income taxes | $38.2 | $56.3 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.