Summit Materials

Summit Materials, Inc. is a construction materials company. It manufactures construction materials and related downstream products. The firm operates its business through the following segments: Cement, West and East. The Cement consists of its Hannibal, Missouri and Davenport, Iowa cement plants and distribution terminals along the Mississippi river from Minnesota to Louisiana. The West segment includes operations in Texas, Utah, Colorado, Idaho, Wyoming and Nevada and in British Columbia, Canada. The East segments serves markets extending across the Midwestern and Eastern United States, most notably in Kansas, Missouri, Virginia, Kentucky, North Carolina, South Carolina and Nebraska where the company supplies aggregates, ready mix concrete, asphalt paving mix and paving and related services. The company was founded by Thomas W. Hill on September 23, 2014 and is headquartered in Denver, CO.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Summit Materials reports resilient 2022 performance amidst supply chain challenges

Summit Materials navigated challenges to achieve strong financial performance in 2022. The company plans to focus on margin expansion, despite supply chain issues and volume declines. Opportunities lie in strategic investments, M&A, and pricing strategies.

Summit Materials reports record Q1 results amidst pricing growth

Summit Materials delivered exceptional financial and safety performance in Q1 2023, driven by strong pricing growth and operational efficiency.
While facing challenges such as energy cost pressures and volume declines, the company is well-positioned to capitalize on residential demand trends and cost management strategies.
With a positive outlook for the year, Summit Materials aims to sustain its momentum through strategic pricing, operational excellence, and margin expansion initiatives.

Summit Materials reports strong Q2 results and eyes margin expansion

Summit Materials delivered a robust performance in Q2 2023, with strong pricing momentum and volume improvements.
Strategic acquisitions and margin expansion strategies are key strengths driving growth.
Labor challenges, competitive intensity, and cost pressures pose challenges for the company.
Opportunities lie in margin expansion, M&A growth in new regions, and growth in the asphalt segment.

Summit Materials reports record Q3 performance amidst cost challenges

Summit Materials delivered strong financial performance in Q3 2023, with record revenue and profitability driven by pricing momentum and operational excellence.
While facing challenges like residential downturns and cost pressures, the company remains focused on margin expansion, cost control, and growth opportunities.
Opportunities lie in retiring TRA liability, closing the Argos transaction, and leveraging strong pricing momentum and market demand for future growth.
With a strategic focus on synergy realization, portfolio optimization, and operational improvements, Summit Materials aims for continued success in 2024.

Summit Materials achieves record 2023 performance, eyes strong 2024 growth

Summit Materials reported exceptional financial performance in 2023, with a focus on safety and operational efficiency. The company anticipates continued growth in 2024 through synergies, operational improvements, and strategic pricing initiatives.

Summit Materials reports robust Q1 performance and strategic growth outlook

Summit Materials' strong Q1 performance and focus on operational efficiencies position the company well for 2024 growth.
Despite challenges like volume pressure and import pricing, the company's strategic strengths and opportunities offer a positive outlook.
With a materials-dominant portfolio and emphasis on synergies, Summit Materials aims for margin expansion and operational excellence in 2024.
Confidence in achieving synergies, maintaining pricing strategies, and driving growth through commercial initiatives highlight Summit Materials' strategic direction.

Summit Materials reports strong Q2 performance amidst volume challenges

Summit Materials delivered a successful Q2 with margin expansion and strategic acquisitions. Facing challenges in volume due to weather impacts and softening demand.
Confident in maintaining outlook with strong pricing execution and synergies progress. Cement pricing power expected to remain strong with opportunities for growth.
Continued focus on driving margin and EBITDA growth through controllable levers. Renegotiating agreements to catch up to market pricing in the Cement segment.

Summit Materials reports robust Q3 performance amidst weather challenges

Summit Materials' Q3 2024 performance showcased resilience and strategic progress despite weather challenges. With a focus on safety, pricing strategies, and operational improvements, the company is poised for enduring growth and margin expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Summit Materials tried to put its best foot forward, but investors were still disappointed by its quarterly update.

Why Summit Materials Stock Plunged 17% at the Open Today

Summit Materials (SUM) delivered earnings and revenue surprises of -15.38% and -4.72%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Summit Materials (SUM) Q3 Earnings and Revenues Lag Estimates

Eagle Materials

Forterra

U.S. Concrete

Vulcan Materials

5 Stocks From the Promising Concrete & Aggregates Industry

Summit Materials (SUM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Summit Materials (SUM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Adobe

Dollar Tree

Tractor Supply

Stocks opened the day with mild gains after yesterday’s harsh sell-off. The markets have been experiencing one of the worst Septembers in recent memory, and the indices looked to take a breather from the pain.

Top Stocks To Buy Today As Markets Gain After Brutal 3 Weeks

Summit Materials, Inc.'s (SUM) CEO Tom Hill on Q2 2020 Results - Earnings Call Transcript

Summit Materials (SUM) delivered earnings and revenue surprises of 100.00% and 4.61%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Summit Materials (SUM) Beats Q2 Earnings and Revenue Estimates

Retail sales released July 17th look really good for select sectors. Building materials is one.

Latest Housing Starts And Retail Sales Data And Its Potential Impact To Summit Materials

Summit Materials Inc. (SUM) CEO Tom Hill on Q1 2020 Results-Earnings Call Transcript

Shares of Summit Materials (NYSE:SUM) were unchanged in pre-market trading after the company reported Q1 results.

Summit Materials: Q1 Earnings Insights

Summit Materials (SUM) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

Cemex SAB de CV

Fluor

President Trump revives hope for an infrastructure bill.

Why Fluor, Cemex, and Summit Materials Stocks Popped 15% (and More) Today

Summit Materials, Inc. (SUM) CEO Thomas Hill on Q4 2019 Results - Earnings Call Transcript

Summit Materials (SUM) delivered earnings and revenue surprises of 376.92% and 5.08%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Summit Materials (SUM) Q4 Earnings and Revenues Beat Estimates

Summit Materials, Inc. (SUM) CEO Thomas Hill on Q3 2019 Results - Earnings Call Transcript

Martin Marietta Materials

Concrete & Aggregates Industry Appears to be in Good Shape

Summit Materials, Inc. (SUM) CEO Tom Hill on Q2 2019 Results - Earnings Call Transcript

Summit Materials (SUM) delivered earnings and revenue surprises of -18.42% and -7.59%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Summit Materials (SUM) Q2 Earnings and Revenues Lag Estimates

The M&A-minded materials maker seems to have caught the eye of a potential suitor.

Why Summit Materials Stock Soared Today

Callaway Golf

Red Robin

A big day for mergers and acquisitions helped lift these stocks.

Why Red Robin Gourmet Burgers, Callaway Golf, and Summit Materials Jumped Today

Summit Materials' (SUM) CEO Tom Hill on Q1 2019 Results - Earnings Call Transcript

If there was ever an issue that everybody can agree on in a bipartisan manner, it’s the fact that our nation’s infrastructure is crumbling.

Jefferies Sees 4 Huge Winners in Potential $2 Trillion Infrastructure Plan

Earnings Preview: Summit Materials (SUM) Q1 Earnings Expected to Decline

Heavy leverage ratio constraining the company.

News for Summit Materials Stock (SUM)