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SUM

SUM - Summit Materials Inc Stock Price, Fair Value and News

37.64USD+0.81 (+2.20%)Market Closed

Market Summary

SUM
USD37.64+0.81
Market Closed
2.20%

SUM Alerts

  • 1 major insider sales recently.
  • Big jump in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

SUM Stock Price

View Fullscreen

SUM RSI Chart

SUM Valuation

Market Cap

4.8B

Price/Earnings (Trailing)

18.84

Price/Sales (Trailing)

1.6

EV/EBITDA

14.39

Price/Free Cashflow

32.38

SUM Price/Sales (Trailing)

SUM Profitability

Operating Margin

49.99%

EBT Margin

11.84%

Return on Equity

6.02%

Return on Assets

3.13%

Free Cashflow Yield

3.09%

SUM Fundamentals

SUM Revenue

Revenue (TTM)

3.0B

Rev. Growth (Yr)

84.9%

Rev. Growth (Qtr)

21.95%

SUM Earnings

Earnings (TTM)

254.1M

Earnings Growth (Yr)

-117.07%

Earnings Growth (Qtr)

-1.2K%

Breaking Down SUM Revenue

Last 7 days

-1.6%

Last 30 days

-6.2%

Last 90 days

-9.6%

Trailing 12 Months

9.0%

How does SUM drawdown profile look like?

SUM Financial Health

Current Ratio

2.58

Debt/Equity

0.66

Debt/Cashflow

0.14

SUM Investor Care

Shares Dilution (1Y)

0.89%

Diluted EPS (TTM)

2.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.0B000
20232.4B2.5B2.5B2.6B
20222.4B2.4B2.5B2.4B
20212.4B2.4B2.4B2.4B
20202.2B2.2B2.2B2.3B
20192.0B2.0B2.1B2.2B
20181.9B2.0B2.0B1.9B
20171.7B1.8B1.9B1.9B
20161.5B1.5B1.6B1.6B
20151.2B1.3B1.4B1.4B
2014945.4M1.0B1.1B1.2B
2013923.7M921.2M918.7M916.2M
2012000926.3M
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Tracking the Latest Insider Buys and Sells of Summit Materials Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 13, 2024
kilgore jason
sold
-4,067,900
40.2054
-101,178
see remarks
May 13, 2024
kilgore jason
acquired
1,821,200
18.00
101,178
see remarks
Mar 07, 2024
gaskill christopher burke
acquired
-
-
14,759
see remarks
Mar 07, 2024
anderson karli s.
sold (taxes)
-211,865
42.39
-4,998
see remarks
Mar 07, 2024
anderson craig scott
acquired
-
-
11,667
evp & chief financial officer
Mar 07, 2024
noonan anne p
sold (taxes)
-1,515,150
42.39
-35,743
president & ceo
Mar 07, 2024
anderson karli s.
acquired
-
-
11,420
see remarks
Mar 07, 2024
gaskill christopher burke
sold (taxes)
-273,755
42.39
-6,458
see remarks

1–10 of 50

Which funds bought or sold SUM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
reduced
-91.88
-10,874
972
-%
Jun 11, 2024
American Trust
added
8.61
64,351
313,149
0.03%
Jun 06, 2024
WESTWOOD HOLDINGS GROUP INC
reduced
-60.1
-26,792,000
23,038,000
0.18%
Jun 04, 2024
DekaBank Deutsche Girozentrale
unchanged
-
9,000
76,000
-%
May 28, 2024
Boston Partners
reduced
-52.65
356,570
772,040
-%
May 28, 2024
WFA Asset Management Corp
unchanged
-
1,149
8,380
-%
May 24, 2024
Cetera Investment Advisers
new
-
504,421
504,421
-%
May 16, 2024
CASTLEARK MANAGEMENT LLC
reduced
-20.71
-486,534
5,506,530
0.23%
May 16, 2024
COMERICA BANK
added
215
2,947,500
4,058,230
0.02%
May 16, 2024
Tidal Investments LLC
reduced
-18.95
-15,584
241,213
-%

1–10 of 47

Are Funds Buying or Selling SUM?

Are funds buying SUM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SUM
No. of Funds

Unveiling Summit Materials Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
price t rowe associates inc /md/
7.4%
8,814,270
SC 13G/A
Feb 13, 2024
vanguard group inc
10.02%
11,978,367
SC 13G/A
Feb 09, 2024
massachusetts financial services co /ma/
5.6%
6,650,459
SC 13G
Feb 09, 2024
dimensional fund advisors lp
4.6%
5,458,887
SC 13G/A
Feb 09, 2024
capital international investors
0.4%
492,061
SC 13G/A
Jan 24, 2024
blackrock inc.
9.5%
11,365,151
SC 13G
Jan 22, 2024
argos sem, llc
31.4%
54,720,000
SC 13D
Apr 10, 2023
vanguard group inc
10.03%
11,872,134
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
7.6%
9,028,677
SC 13G/A
Feb 13, 2023
capital international investors
6.3%
7,422,146
SC 13G/A

Recent SEC filings of Summit Materials Inc

View All Filings
Date Filed Form Type Document
May 22, 2024
8-K
Current Report
May 14, 2024
4
Insider Trading
May 13, 2024
144
Notice of Insider Sale Intent
May 06, 2024
DEFA14A
DEFA14A
May 06, 2024
DEFA14A
DEFA14A
May 02, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Apr 26, 2024
8-K
Current Report
Apr 08, 2024
ARS
ARS
Apr 08, 2024
DEF 14A
DEF 14A

Summit Materials Inc News

Latest updates
MarketBeat9 hours ago
Simply Wall St31 May 202407:00 am
PR Newswire01 May 202407:00 am

Summit Materials Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue21.9%805660795729435552753687421597717668428625710631367506732601333
Cost Of Revenue---------------------267
  S&GA Expenses----56.0046.0047.0040.0048.0052.0047.0047.0047.0052.0050.0051.0040.0042.00-34.7962.0061.0068.00
EBITDA Margin-15.2%0.16*0.19*0.19*0.13*0.19*0.19*0.19*0.18*0.11*0.12*0.12*0.11*0.11*--------
Interest Expenses68.4%52.0031.0028.0028.0027.0024.0022.0021.0020.0020.0024.0024.0024.0026.0025.0026.0028.0028.0029.0029.0030.00
Income Taxes-117.0%-11.0665.0024.0022.00-6.5012.0025.0054.00-4.7011.0021.0018.00-5.4413.00-19.6017.00-22.90-17.1946.0017.00-28.00
Earnings Before Taxes-214.7%-78.3368.00257107-37.6842.00112247-39.5455.0096.0076.00-28.6949.0073.0076.00-69.6319.0010455.00-99.54
EBT Margin-21.4%0.12*0.15*0.15*0.09*0.15*0.15*0.15*0.15*0.08*0.08*0.08*0.07*0.07*--------
Net Income-1178.0%-66.876.0023085.00-30.8033.0086.00193-34.8015475.0058.00-23.2414193.0059.00-46.7336.0058.0038.00-71.50
Net Income Margin-23.3%0.09*0.11*0.13*0.07*0.12*0.11*0.16*0.16*0.11*0.11*0.10*0.11*0.11*--------
Free Cashflow-181.1%-98.7612294.0030.00-63.2574.0057.00-38.84-74.4911395.0033.00-91.07--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets57.9%8,1305,1504,3654,3954,2154,2564,2854,2914,1434,2394,2174,4524,3514,3084,2924,1113,9924,0684,0423,9553,861
  Current Assets-22.4%1,3451,7328779068911,0181,0931,0567788708351,028858893866822688796778628511
    Cash Equivalents33.1%49837419723037952047246528738125846936041828925319931118368.0065.00
  Inventory40.3%339241243246235212203210187181195198211200210232231205197208214
  Net PPE-------------------1,7621,7891,800
  Goodwill62.5%1,9901,2251,2411,2281,1601,1331,1321,1441,1461,1641,1751,1761,2011,2011,3031,1971,1961,2001,1981,1981,195
Liabilities38.1%3,9112,8332,0572,3222,2352,2442,3142,3502,3972,4162,4452,7572,7372,6922,7232,6492,5962,6232,6552,6322,583
  Current Liabilities61.6%522323349347261256323333305309331342322323356337286299332305259
  Long Term Debt21.9%2,8002,297-------------------
    LT Debt, Current98.2%8.004.004.005.005.005.006.006.006.006.006.006.006.006.008.008.008.008.00---
Shareholder's Equity82.9%4,2192,3072,2942,0741,9802,0121,9711,9411,7461,8231,7721,6951,6151,6161,5691,4621,3961,4451,3871,3231,278
  Retained Earnings-7.6%81087787464456059162058739747943536130432729220114418915397.0061.00
  Additional Paid-In Capital139.4%3,4031,4221,4151,4091,4031,4041,3411,3361,3311,3261,3201,3131,2891,2651,2581,2441,2391,2341,2121,2051,201
Accumulated Depreciation-----------------1,001956923882838
Shares Outstanding---120119119120120118118122120118117116-------
Float----4,500---2,700---4,100---1,700---2,200-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-120.6%-40,245195,236149,58293,707335151,907115,93732,967-16,713154,556132,72295,969-21,318190,830156,338100,632-38,931173,341147,89546,624-30,676
  Share Based Compensation29.0%6,7205,2105,1925,2164,7083,2894,9024,7345,4224,8304,6854,8275,3635,73813,3224,8924,9054,9794,8194,6995,906
Cashflow From Investing-23218.3%-1,103,421-4,732-54,881-242,322-118,329-93,111-25,624223,928-9,371-25,932-35,7504,934-34,500-32,629-155,470-40,620-56,868-33,033-28,931-38,434-62,411
Cashflow From Financing-40.3%468,742784,967-126,604-1,521-23,058-10,306-82,691-78,334-67,662-5,835-307,6308,300-2,762-29,34434,261-6,082-15,606-11,690-4,013-5,37229,225
  Buy Backs-------53,471-47,509------------
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SUM Income Statement

2024-03-30
Unaudited Consolidated Statements of Operations - Summit Materials Inc - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Revenue:  
Total revenue$ 805,015$ 435,388
Cost of revenue (excluding items shown separately below):  
Total cost of revenue624,011354,037
General and administrative expenses68,52645,998
Depreciation, depletion, amortization and accretion95,97150,894
Transaction and integration costs62,208364
Gain on sale of property, plant and equipment(848)(430)
Operating loss(44,853)(15,475)
Interest expense51,89227,420
Loss on debt financings5,453493
Gain on sale of businesses(14,985)0
Other income, net(8,878)(5,710)
Loss from operations before taxes(78,335)(37,678)
Income tax benefit(11,065)(6,466)
Net loss(67,270)(31,212)
Net loss attributable to noncontrolling interest in Summit Holdings(404)(408)
Net loss attributable to Summit Inc.$ (66,866)$ (30,804)
Common Class A  
Loss per share of Class A common stock:  
Basic (in usd per share)$ (0.40)$ (0.26)
Diluted (in usd per share)$ (0.40)$ (0.26)
Weighted average shares of Class A common stock:  
Basic (in shares)167,446,041118,564,556
Diluted (in shares)167,511,575118,679,656
Common Class A And Restricted Stock  
Loss per share of Class A common stock:  
Basic (in usd per share)$ (0.40)$ (0.26)
Weighted average shares of Class A common stock:  
Basic (in shares)167,511,575118,679,656
Diluted (in shares)167,511,575118,679,656
Excluding delivery and subcontract revenue  
Revenue:  
Total revenue$ 773,229$ 407,270
Cost of revenue (excluding items shown separately below):  
Total cost of revenue592,225325,919
Product  
Revenue:  
Total revenue728,694372,172
Cost of revenue (excluding items shown separately below):  
Total cost of revenue556,020295,881
Service  
Revenue:  
Total revenue44,53535,098
Cost of revenue (excluding items shown separately below):  
Total cost of revenue36,20530,038
Delivery and subcontract revenue  
Revenue:  
Total revenue31,78628,118
Cost of revenue (excluding items shown separately below):  
Total cost of revenue$ 31,786$ 28,118

SUM Balance Sheet

2024-03-30
Consolidated Balance Sheets - Summit Materials Inc - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 30, 2023
Current assets:  
Cash and cash equivalents$ 498,110$ 374,162
Restricted cash0800,000
Accounts receivable, net454,650287,252
Costs and estimated earnings in excess of billings11,68110,289
Inventories338,501241,350
Other current assets40,64417,937
Current assets held for sale1,3751,134
Total current assets1,344,9611,732,124
Property, plant and equipment, less accumulated depreciation, depletion and amortization (March 30, 2024 - $1,447,284 and December 30, 2023 - $1,267,557)4,417,3551,976,820
Goodwill1,990,4821,224,861
Intangible assets, less accumulated amortization (March 30, 2024 - $28,335 and December 30, 2023 - $18,972)179,58768,081
Deferred tax assets, less valuation allowance (March 30, 2024 - $1,113 and December 30, 2023 - $1,113)052,009
Operating lease right-of-use assets89,25136,553
Other assets108,26459,134
Total assets8,129,9005,149,582
Current liabilities:  
Current portion of debt7,5753,822
Current portion of acquisition-related liabilities8,9937,007
Accounts payable290,914123,621
Accrued expenses191,776171,691
Current operating lease liabilities16,7458,596
Billings in excess of costs and estimated earnings6,0058,228
Total current liabilities522,008322,965
Long-term debt2,772,7092,283,639
Acquisition-related liabilities20,65528,021
Tax receivable agreement liability44,26741,276
Deferred tax liabilities205,66915,854
Noncurrent operating lease liabilities78,61833,230
Other noncurrent liabilities267,337108,017
Total liabilities3,911,2632,833,002
Commitments and contingencies (see note 12)
Stockholders’ equity:  
Preferred stock00
Additional paid-in capital3,403,3071,421,813
Accumulated earnings809,885876,751
Accumulated other comprehensive income3,6907,275
Stockholders’ equity4,218,6372,307,035
Noncontrolling interest in Summit Holdings09,545
Total stockholders’ equity4,218,6372,316,580
Total liabilities and members' interest8,129,9005,149,582
Common Class A  
Stockholders’ equity:  
Common stock1,7551,196
Common Class B  
Stockholders’ equity:  
Common stock$ 0$ 0
SUM
Summit Materials, Inc. operates as a vertically integrated construction materials company. It operates in three segments: West, East, and Cement. The company offers aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides asphalt paving and related services. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminals. It serves the public infrastructure, and residential and nonresidential end markets in the United States; and in British Columbia, Canada. The company was founded in 2009 and is headquartered in Denver, Colorado.
 CEO
 WEBSITEhttps://summit-materials.com
 INDUSTRYBuilding Materials
 EMPLOYEES4800

Summit Materials Inc Frequently Asked Questions


What is the ticker symbol for Summit Materials Inc? What does SUM stand for in stocks?

SUM is the stock ticker symbol of Summit Materials Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Summit Materials Inc (SUM)?

As of Wed Jun 12 2024, market cap of Summit Materials Inc is 4.78 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SUM stock?

You can check SUM's fair value in chart for subscribers.

What is the fair value of SUM stock?

You can check SUM's fair value in chart for subscribers. The fair value of Summit Materials Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Summit Materials Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SUM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Summit Materials Inc a good stock to buy?

The fair value guage provides a quick view whether SUM is over valued or under valued. Whether Summit Materials Inc is cheap or expensive depends on the assumptions which impact Summit Materials Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SUM.

What is Summit Materials Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Jun 12 2024, SUM's PE ratio (Price to Earnings) is 18.84 and Price to Sales (PS) ratio is 1.6. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SUM PE ratio will change depending on the future growth rate expectations of investors.