SiteOne Income Tax Expense from 2010 to 2024

SITE Stock  USD 154.51  0.00  0.00%   
SiteOne Landscape's Income Tax Expense is increasing over the years with slightly volatile fluctuation. Income Tax Expense is expected to dwindle to about 26.8 M. During the period from 2010 to 2024 SiteOne Landscape Income Tax Expense annual values regression line had coefficient of variation of  144.80 and r-squared of  0.64. View All Fundamentals
 
Income Tax Expense  
First Reported
2013-12-31
Previous Quarter
40 M
Current Value
15.8 M
Quarterly Volatility
15.1 M
 
Yuan Drop
 
Covid
Check SiteOne Landscape financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SiteOne Landscape's main balance sheet or income statement drivers, such as Depreciation And Amortization of 134.1 M, Interest Expense of 22 M or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.088 or PTB Ratio of 5.22. SiteOne financial statements analysis is a perfect complement when working with SiteOne Landscape Valuation or Volatility modules.
  
Check out the analysis of SiteOne Landscape Correlation against competitors.

Latest SiteOne Landscape's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of SiteOne Landscape Supply over the last few years. It is SiteOne Landscape's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SiteOne Landscape's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

SiteOne Income Tax Expense Regression Statistics

Arithmetic Mean18,472,944
Coefficient Of Variation144.80
Mean Deviation19,308,081
Median19,500,000
Standard Deviation26,749,649
Sample Variance715.5T
Range88.7M
R-Value0.80
Mean Square Error277.6T
R-Squared0.64
Significance0.0003
Slope4,784,140
Total Sum of Squares10017.6T

SiteOne Income Tax Expense History

202426.8 M
202349.8 M
202267.7 M
202156.1 M
202027.5 M
201913.8 M
20181.3 M

About SiteOne Landscape Financial Statements

SiteOne Landscape stakeholders use historical fundamental indicators, such as SiteOne Landscape's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although SiteOne Landscape investors may analyze each financial statement separately, they are all interrelated. For example, changes in SiteOne Landscape's assets and liabilities are reflected in the revenues and expenses on SiteOne Landscape's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SiteOne Landscape Supply. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense49.8 M26.8 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether SiteOne Landscape Supply is a strong investment it is important to analyze SiteOne Landscape's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SiteOne Landscape's future performance. For an informed investment choice regarding SiteOne Stock, refer to the following important reports:
Check out the analysis of SiteOne Landscape Correlation against competitors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SiteOne Landscape. If investors know SiteOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SiteOne Landscape listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Earnings Share
3.1
Revenue Per Share
99.324
Quarterly Revenue Growth
0.056
Return On Assets
0.0452
The market value of SiteOne Landscape Supply is measured differently than its book value, which is the value of SiteOne that is recorded on the company's balance sheet. Investors also form their own opinion of SiteOne Landscape's value that differs from its market value or its book value, called intrinsic value, which is SiteOne Landscape's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SiteOne Landscape's market value can be influenced by many factors that don't directly affect SiteOne Landscape's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SiteOne Landscape's value and its price as these two are different measures arrived at by different means. Investors typically determine if SiteOne Landscape is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SiteOne Landscape's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.