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summit materials inc. - SUM

SUM

Close Chg Chg %
50.75 -0.05 -0.10%

Open Market

50.70

-0.05 (0.10%)

Volume: 3.49M

Last Updated:

Dec 4, 2024, 2:00 PM EDT

Trade Now

Company Overview: summit materials inc. - SUM

SUM Key Data

Open

$50.77

 Day Range

50.65 - 50.85

52 Week Range

34.39 - 53.49

 Market Cap

$8.91B

Shares Outstanding

175.59M

 Public Float

119.52M

Beta

1.14

 Rev. Per Employee

N/A

P/E Ratio

61.55

 EPS

$0.83

Yield

0.00%

 Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

4.19M

  

SUM Performance

1 Week
 
 -0.39%
 
1 Month
 
 0.65%
 
3 Months
 
 41.26%
 
1 Year
 
 39.32%
 
5 Years
 
 120.32%
 

SUM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 16
Full Ratings ➔

About summit materials inc. - SUM

Summit Materials, Inc. is a vertically integrated construction materials company, which engages in manufacturing construction materials and related downstream products. It operates through the following segments: West, East, and Cement. The West segment includes operations in Texas, Utah, Arizona, Colorado, Idaho, Wyoming, Oklahoma, Arkansas and British Columbia, Canada. The East segments refers to its East and Central regions and serves markets extending across the Midwestern and Eastern United States. The Cement segment is involved in Hannibal, Missouri and Davenport, Iowa cement plants, and distribution terminals along the Mississippi River from Minnesota to Louisiana. The company was founded by Thomas W. Hill on September 23, 2014 and is headquartered in Denver, CO.

SUM At a Glance

Summit Materials, Inc.
1801 California Street
Denver, Colorado 80202
Phone 1-303-893-0012 Revenue 2.62B
Industry Construction Materials Net Income 285.86M
Sector Non-Energy Minerals 2023 Sales Growth 8.578%
Fiscal Year-end 12 / 2024 Employees 5,300
View SEC Filings

SUM Valuation

P/E Current 61.766
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 16.115
Price to Sales Ratio 1.759
Price to Book Ratio 1.993
Price to Cash Flow Ratio 10.497
Enterprise Value to EBITDA 10.59
Enterprise Value to Sales 2.21
Total Debt to Enterprise Value 0.405

SUM Efficiency

Revenue/Employee 494,239.245
Income Per Employee 53,935.094
Receivables Turnover 8.804
Total Asset Turnover 0.557

SUM Liquidity

Current Ratio 5.363
Quick Ratio 4.616
Cash Ratio 3.636

SUM Profitability

Gross Margin 20.596
Operating Margin 12.566
Pretax Margin 15.059
Net Margin 10.913
Return on Assets 6.079
Return on Equity 13.276
Return on Total Capital 6.141
Return on Invested Capital 6.999

SUM Capital Structure

Total Debt to Total Equity 101.761
Total Debt to Total Capital 50.436
Total Debt to Total Assets 45.589
Long-Term Debt to Equity 101.049
Long-Term Debt to Total Capital 50.083
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Summit Materials Inc. - SUM

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
2.33B 2.41B 2.41B 2.62B
Sales Growth
+4.96% +3.31% +0.12% +8.58%
Cost of Goods Sold (COGS) incl D&A
1.81B 1.97B 1.96B 2.08B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
221.32M 229.37M 200.45M 217.55M
Depreciation
218.62M 225.67M 196.95M 214.05M
Amortization of Intangibles
2.70M 3.70M 3.50M 3.50M
COGS Growth
+3.55% +8.89% -0.11% +5.92%
Gross Income
527.13M 443.89M 448.89M 539.51M
Gross Income Growth
+10.12% -15.79% +1.13% +20.19%
Gross Profit Margin
+22.60% +18.42% +18.61% +20.60%
2020 2021 2022 2023 5-year trend
SG&A Expense
309.53M 196.73M 190.22M 210.36M
Research & Development
- - - -
-
Other SG&A
309.53M 196.73M 190.22M 210.36M
SGA Growth
+13.12% -36.44% -3.31% +10.59%
Other Operating Expense
- - - -
-
Unusual Expense
4.06M 6.02M 1.74M 27.31M
EBIT after Unusual Expense
213.54M 241.15M 256.94M 301.85M
Non Operating Income/Expense
19.11M 49.73M 191.52M 206.77M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
103.59M 92.24M 86.97M 114.16M
Interest Expense Growth
-11.08% -10.96% -5.71% +31.26%
Gross Interest Expense
103.59M 92.24M 86.97M 114.16M
Interest Capitalized
- - - -
-
Pretax Income
129.06M 198.64M 361.49M 394.46M
Pretax Income Growth
+64.98% +53.92% +81.98% +9.12%
Pretax Margin
+5.53% +8.24% +14.98% +15.06%
Income Tax
(12.19M) 44.36M 85.55M 104.84M
Income Tax - Current - Domestic
3.83M 8.03M 15.65M 17.28M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(16.01M) 36.33M 69.89M 87.55M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
141.24M 154.28M 275.94M 289.63M
Minority Interest Expense
3.27M 2.10M 3.80M 3.77M
Net Income
137.97M 152.18M 272.14M 285.86M
Net Income Growth
+133.58% +10.30% +78.83% +5.04%
Net Margin Growth
+5.92% +6.32% +11.28% +10.91%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
137.97M 152.18M 272.14M 285.86M
Preferred Dividends
- - - -
-
Net Income Available to Common
137.97M 152.18M 272.14M 285.86M
EPS (Basic)
1.1898 1.2719 2.2699 2.4012
EPS (Basic) Growth
+129.87% +6.90% +78.47% +5.78%
Basic Shares Outstanding
115.95M 119.65M 119.89M 119.05M
EPS (Diluted)
1.1834 1.2602 2.2561 2.3866
EPS (Diluted) Growth
+129.61% +6.49% +79.03% +5.78%
Diluted Shares Outstanding
116.58M 120.76M 120.63M 119.77M
EBITDA
438.92M 476.53M 459.13M 546.70M
EBITDA Growth
+3.97% +8.57% -3.65% +19.07%
EBITDA Margin
+18.82% +19.78% +19.03% +20.87%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 54.538
Number of Ratings 16 Current Quarters Estimate 0.41
FY Report Date 12 / 2024 Current Year's Estimate 1.687
Last Quarter’s Earnings 0.75 Median PE on CY Estimate N/A
Year Ago Earnings 1.58 Next Fiscal Year Estimate 2.095
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 13 15 15
Mean Estimate 0.41 -0.07 1.69 2.10
High Estimates 0.49 0.01 1.89 2.37
Low Estimate 0.30 -0.11 1.50 1.89
Coefficient of Variance 11.32 -55.19 5.79 7.73

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 12
OVERWEIGHT 2 2 1
HOLD 10 10 4
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Summit Materials Inc. - SUM

Date Name Shares Transaction Value
May 15, 2024 Jason Kilgore See Remarks 111,219 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $18 per share 2,001,942.00
May 15, 2024 Jason Kilgore See Remarks 100,009 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $40.4 per share 4,040,363.60
May 15, 2024 Jason Kilgore See Remarks 60,630 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $40.15 per share 2,434,294.50
May 15, 2024 Jason Kilgore See Remarks N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 11, 2024 Anne M. Cooney Director 3,341 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Karli Schumaker Anderson See Remarks 34,731 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Karli Schumaker Anderson See Remarks 29,733 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $42.39 per share 1,260,381.87
Mar 11, 2024 Karli Schumaker Anderson See Remarks 13,589 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Anne P. Noonan President & CEO; Director 71,479 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 David Loomes See Remarks 13,974 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Irene Moshouris Director 3,341 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Susan A. Ellerbusch Director 3,341 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Steven H. Wunning Director 3,341 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Anne P. Noonan President & CEO; Director 295,137 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Jason Kilgore See Remarks 13,203 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Brian D. Frantz See Remarks 2,839 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Anne P. Noonan President & CEO; Director 259,394 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $42.39 per share 10,995,711.66
Mar 11, 2024 Howard L. Lance Director 3,341 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Joseph S. Cantie Director 3,341 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Anne K. Wade Director 3,341 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Summit Materials Inc. in the News