---
title: "$1,000 invested in this 2016 IPO would be worth $4,700 today, crushing the S&P 500"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293067391.md"
description: "SiteOne Landscape Supply (NYSE: SITE), which went public in May 2016, has significantly outperformed the S&P 500. A $1,000 investment at its IPO would now be worth approximately $4,700. This success validates the initial thesis of SiteOne being the sole national wholesale distributor in a fragmented landscape supply industry, capitalizing on a $25 billion North American market."
datetime: "2026-07-17T19:03:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293067391.md)
  - [en](https://longbridge.com/en/news/293067391.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293067391.md)
---

# $1,000 invested in this 2016 IPO would be worth $4,700 today, crushing the S&P 500

When SiteOne Landscape Supply (NYSE:SITE) hit public markets on May 12, 2016, it was a niche bet: the only national wholesale distributor in a deeply fragmented landscape supply industry. A decade later, that thesis has largely played out. Operating in a North American addressable market estimated at $25 billion, where independent players still con...

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