Property and Equipment, Net

12 Months Ended

Dec. 28, 2025

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following (in millions):


	December 28, 2025		December 29, 2024
Land	$	24.6	$	17.5
Buildings and leasehold improvements:
Buildings	15.5		10.3
Leasehold improvements	100.5		84.0
Branch equipment	134.1		133.4
Office furniture and fixtures and vehicles:
Office furniture and fixtures	38.5		35.0
Vehicles	54.7		67.5
Finance lease right-of-use assets	236.8		210.5
Mineral rights	2.2		2.2
Tooling	0.2		0.2
Construction in process	9.1		9.3
Total property and equipment, gross	616.2		569.9
Less: accumulated depreciation and amortization	320.8		277.8
Property and equipment, net	$	295.4	$	292.1

Amortization of finance ROU assets and depreciation expense was $80.7 million, $75.3 million, and $64.1 million for the years ended December 28, 2025, December 29, 2024, and December 31, 2023, respectively.

Capitalized software has an estimated useful life of three years. The amounts of total capitalized software costs, including purchased and internally developed software, included in Other assets at December 28, 2025 and December 29, 2024 were $27.0 million and $25.2 million, less accumulated amortization of $12.5 million and $13.1 million, respectively. Amortization of these software costs was $4.5 million, $2.7 million, and $1.0 million for the years ended December 28, 2025, December 29, 2024, and December 31, 2023, respectively.

SiteOne Landscape Supply, Inc. 10-K