Summit Materials, Inc. - Understand $sum stock

$SUM Market Cap: $8.92 Billion

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Financial Snapshot

Revenue

$3.755B

TTM

Gross Margin

29.12%

TTM

Net Earnings

$147.4M

TTM

Current Assets

$1.715B

Q3 2024

Current Liabilities

$552.8M

Q3 2024

Current Ratio

310.29%

Q3 2024

Total Assets

$8.427B

Q3 2024

Total Liabilities

$3.981B

Q3 2024

Book Value

$4.447B

Q3 2024

Cash

$737.5M

Q3 2024

P/E

60.53

Nov 29, 2024 EST

Free Cash Flow

$190.9M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$2.619B	$2.410B	$2.332B	$2.333B	$2.222B	$2.101B	$1.933B	$1.626B	$1.432B	$1.204B	$916.2M	$926.3M	$789.1M
YoY Change	8.71%	3.31%	0.0%	4.97%	5.77%	8.72%	18.85%	13.53%	18.94%	31.44%	-1.09%	17.39%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$2.619B	$2.410B	$2.332B	$2.333B	$2.222B	$2.101B	$1.933B	$1.626B	$1.432B	$1.204B	$916.2M	$926.3M	$789.1M
Cost Of Revenue	$1.862B	$1.736B	$1.711B	$1.584B	$1.646B	$1.476B	$1.282B	$1.072B	$990.3M	$887.2M	$677.1M	$713.3M	$597.7M
Gross Profit	$757.1M	$673.3M	$621.8M	$748.5M	$576.1M	$625.2M	$650.8M	$554.3M	$442.0M	$317.1M	$239.1M	$212.9M	$191.4M
Gross Profit Margin	28.9%	27.94%	26.66%	32.09%	25.93%	29.76%	33.68%	34.09%	30.86%	26.33%	26.1%	22.98%	24.26%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$210.4M	$196.7M	$301.9M	$301.9M	$252.2M	$241.0M	$235.2M	$236.7M	$154.3M	$144.2M	$129.6M	$124.6M	$93.50M
YoY Change	6.93%	-34.84%	0.0%	19.71%	4.65%	2.47%	-0.63%	53.4%	7.0%	11.27%	4.01%	33.26%
% of Gross Profit	27.79%	29.22%	48.55%	40.33%	43.78%	38.55%	36.14%	42.7%	34.91%	45.48%	54.19%	58.53%	48.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$214.4M	$226.4M	$218.7M	$227.8M	$214.9M	$203.3M	$177.6M	$147.7M	$125.0M	$86.96M	$72.22M	$72.20M	$65.00M
YoY Change	-5.31%	3.55%	-4.0%	6.01%	5.7%	14.45%	20.24%	18.19%	43.75%	20.41%	0.02%	11.08%
% of Gross Profit	28.32%	33.63%	35.17%	30.43%	37.3%	32.52%	27.3%	26.65%	28.28%	27.42%	30.2%	33.91%	33.96%
Operating Expenses	$427.9M	$426.1M	$523.2M	$523.2M	$469.3M	$445.9M	$414.7M	$386.0M	$273.9M	$232.0M	$202.5M	$192.9M	$154.9M
YoY Change	0.43%	-18.56%	0.0%	11.49%	5.25%	7.52%	7.44%	40.93%	18.06%	14.57%	4.98%	24.53%
Operating Profit	$310.6M	$253.1M	$225.2M	$225.3M	$213.6M	$162.5M	$220.9M	$154.7M	$168.1M	$69.96M	-$47.98M	$20.00M	$36.50M
YoY Change	22.75%	12.39%	-0.06%	5.5%	31.45%	-26.45%	42.81%	-7.99%	140.28%	-245.82%	-339.89%	-45.21%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$114.2M	$92.24M	$103.6M	-$103.6M	$116.5M	$116.5M	$108.5M	$97.54M	-$84.60M	$86.74M	$56.44M	-$58.10M	-$47.80M
YoY Change	23.76%	-10.96%	-200.0%	-188.92%	-0.03%	7.37%	11.29%	-215.29%	-197.53%	53.68%	-197.15%	21.55%
% of Operating Profit	36.75%	36.45%	46.01%	-45.98%	54.56%	71.74%	49.14%	63.06%	-50.33%	123.99%		-290.5%	-130.96%
Other Income/Expense, Net	$21.33M	$17.04M	$3.982M	$11.50M	$11.98M	$15.52M	$5.303M	-$1.361M	$2.000M	$3.447M	$1.737M	$1.200M	$21.20M
YoY Change	25.21%	327.88%	-65.37%	-3.98%	-22.81%	192.59%	-489.64%	-168.05%	-41.98%	98.45%	44.75%	-94.34%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	$394.5M	$198.6M	$129.1M	$129.1M	$78.22M	$96.08M	-$158.2M	$40.83M	-$19.20M	-$13.34M	-$105.8M	-$51.00M	-$1.400M
YoY Change	98.59%	53.92%	-0.03%	65.04%	-18.58%	-160.73%	-487.49%	-312.64%	43.97%	-87.39%	107.45%	3542.86%
Income Tax	$104.8M	$44.40M	-$12.20M	-$12.20M	$17.10M	$59.75M	-$284.0M	-$5.300M	-$18.30M	-$6.983M	-$2.647M	-$3.900M	$3.400M
% Of Pretax Income	26.57%	22.35%	-9.45%	-9.45%	21.86%	62.19%		-12.98%
Net Earnings	$289.6M	$154.3M	$141.2M	$138.0M	$61.12M	$36.33M	$125.8M	$27.72M	$27.70M	-$6.282M	-$103.7M	-$52.50M	-$10.70M
YoY Change	87.73%	9.23%	2.35%	125.77%	68.24%	-71.12%	353.77%	0.06%	-540.94%	-93.94%	97.48%	390.65%
Net Earnings / Revenue	11.06%	6.4%	6.06%	5.92%	2.75%	1.73%	6.51%	1.7%	1.93%	-0.52%	-11.32%	-5.67%	-1.36%
Basic Earnings Per Share								$0.52
Diluted Earnings Per Share	$2.39	$1.282M	$1.204M	$1.20	$524.4K	$301.9K	$1.112M	$0.52	$304.4K	-$91.57K	-$1.111M	-$546.3K	-$111.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$374.2M	$381.0M	$418.2M	$418.2M	$311.3M	$128.5M	$383.6M	$143.4M	$186.4M	$13.20M	$18.20M	$30.70M
YoY Change	-1.78%	-8.9%	0.0%	34.34%	142.26%	-66.5%	167.5%	-23.07%	1312.12%	-27.47%	-40.72%
Cash & Equivalents	$374.2M	$381.0M	$418.2M	$418.2M	$311.3M	$128.5M	$383.6M	$143.4M	$186.4M
Short-Term Investments
Other Short-Term Assets	$819.1M	$13.06M	$11.40M	$11.40M	$13.80M	$16.10M	$7.800M	$12.80M	$4.800M	$17.20M	$13.20M	$10.10M
YoY Change	6170.16%	14.59%	0.0%	-17.39%	-14.29%	106.41%	-39.06%	166.67%	-72.09%	30.3%	30.69%
Inventory	$241.4M	$180.8M	$200.3M	$200.3M	$204.8M	$213.9M	$194.0M	$165.1M	$135.8M	$121.7M	$107.2M	$104.6M
Prepaid Expenses
Receivables	$297.5M	$294.5M	$262.0M	$262.0M	$264.7M	$232.5M	$197.9M	$161.7M	$144.9M	$141.0M	$99.30M	$100.3M
Other Receivables	$0.00	$292.0K	$1.400M	$1.400M	$1.600M	$600.0K	$400.0K	$700.0K	$600.0K	$300.0K	$0.00	$0.00
Total Short-Term Assets	$1.732B	$869.6M	$893.3M	$893.3M	$796.3M	$591.5M	$783.6M	$483.7M	$472.5M	$293.4M	$237.9M	$245.6M
YoY Change	99.18%	-2.65%	0.0%	12.18%	34.62%	-24.52%	62.0%	2.37%	61.04%	23.33%	-3.14%
Property, Plant & Equipment	$2.013B	$1.873B	$1.879B	$1.879B	$1.780B	$1.780B	$1.615B	$1.447B	$1.269B	$950.6M	$831.8M	$813.6M
YoY Change	7.49%	-0.3%	0.0%	5.53%	0.01%	10.2%	11.68%	13.99%	33.49%	14.28%	2.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$111.1M	$263.3M	$286.9M	$286.9M	$267.9M	$275.5M	$335.2M	$51.10M	$43.20M	$48.80M	$39.20M	$37.50M
YoY Change	-57.79%	-8.22%	0.0%	7.09%	-2.76%	-17.81%	555.97%	18.29%	-11.48%	24.49%	4.53%
Total Long-Term Assets	$3.417B	$3.370B	$3.415B	$3.415B	$3.271B	$3.266B	$3.004B	$2.298B	$1.924B	$1.436B	$1.013B	$1.039B
YoY Change	1.42%	-1.32%	0.0%	4.38%	0.16%	8.74%	30.72%	19.45%	33.93%	41.77%	-2.47%
Total Assets	$5.150B	$4.239B	$4.308B	$4.308B	$4.068B	$3.858B	$3.787B	$2.782B	$2.396B	$1.730B	$1.251B	$1.285B
YoY Change
Accounts Payable	$123.6M	$128.2M	$120.8M	$120.8M	$116.4M	$107.7M	$98.70M	$81.60M	$81.40M	$78.90M	$72.10M	$61.60M
YoY Change	-3.6%	6.15%	0.0%	3.78%	8.08%	9.12%	20.96%	0.25%	3.17%	9.43%	17.05%
Accrued Expenses	$180.3M	$136.3M	$144.2M	$144.2M	$112.4M	$84.90M	$97.40M	$99.80M	$77.70M	$84.00M	$57.30M	$49.80M
YoY Change	32.22%	-5.44%	0.0%	28.29%	32.39%	-12.83%	-2.4%	28.44%	-7.5%	46.6%	15.06%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$3.822M	$23.98M	$31.00M	$31.00M	$23.90M	$21.90M	$24.00M	$18.30M	$21.80M	$22.80M	$30.20M	$4.000M
YoY Change	-84.06%	-22.65%	0.0%	29.71%	9.13%	-8.75%	31.15%	-16.06%	-4.39%	-24.5%	655.0%
Total Short-Term Liabilities	$323.0M	$309.1M	$322.7M	$322.7M	$299.3M	$260.7M	$250.0M	$239.3M	$214.5M	$213.0M	$179.5M	$131.9M
YoY Change	4.5%	-4.22%	0.0%	7.82%	14.81%	4.28%	4.47%	11.56%	0.7%	18.66%	36.09%
Long-Term Debt	$2.284B	$1.606B	$1.924B	$1.924B	$1.851B	$1.808B	$1.811B	$1.515B	$1.274B	$1.060B	$658.8M	$635.8M
YoY Change	42.19%	-16.53%	0.0%	3.94%	2.41%	-0.18%	19.56%	18.91%	20.21%	60.84%	3.62%
Other Long-Term Liabilities	$226.4M	$500.8M	$445.0M	$445.0M	$472.4M	$447.3M	$454.8M	$167.7M	$140.2M	$136.4M	$101.2M	$108.2M
YoY Change	-54.8%	12.55%	0.0%	-5.8%	5.61%	-1.65%	171.2%	19.61%	2.79%	34.78%	-6.47%
Total Long-Term Liabilities	$2.510B	$2.107B	$2.369B	$2.369B	$2.324B	$2.255B	$2.266B	$1.682B	$1.414B	$1.196B	$760.0M	$744.0M
YoY Change	19.14%	-11.07%	0.0%	1.96%	3.05%	-0.48%	34.68%	18.98%	18.22%	57.37%	2.15%
Total Liabilities	$2.843B	$2.426B	$2.710B	$2.710B	$2.640B	$2.530B	$2.529B	$1.939B	$1.768B	$1.444B	$965.5M	$899.8M
YoY Change	17.19%	-10.5%	0.0%	2.66%	4.36%	0.04%	30.39%	9.7%	22.42%	49.57%	7.3%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding								70.36M shares
Diluted Shares Outstanding								88.34M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $8.9198 Billion

About Summit Materials, Inc.

Summit Materials, Inc. is a vertically integrated construction materials company, which engages in manufacturing construction materials and related downstream products. The company is headquartered in Denver, Colorado and currently employs 5,300 full-time employees. The company went IPO on 2015-03-12. The Company’s West segment consists of its West and South regions, and includes operations in Texas, Utah, Arizona, Colorado, Idaho, Wyoming, Oklahoma, Arkansas and British Columbia, Canada. The West segment supplies aggregates, ready-mix concrete, asphalt paving mix and paving and related services. Its East segment consists of its East and Central regions and serves markets extending across the Midwestern and Eastern United States, notably in Kansas, Missouri, Virginia, Florida, North Carolina, South Carolina, Georgia, and Nebraska where it supplies aggregates, ready-mix concrete, asphalt paving mix and paving and related services. Its Cement segment consists of its Hannibal, Missouri and Davenport, Iowa cement plants and nine distribution terminals along the Mississippi River from Minnesota to Louisiana.

Industry: Mining & Quarrying of Nonmetallic Minerals (No Fuels) Peers: EAGLE MATERIALS INC MARTIN MARIETTA MATERIALS INC UNITED STATES LIME & MINERALS INC SMITH MIDLAND CORP Vulcan Materials CO