Summit Materials, Inc. (SUM)
$
52.49
+0.04 (0.08%)
Key metrics
Financial statements
Free cash flow per share
0.8717
Market cap
9.2 Billion
Price to sales ratio
2.4579
Debt to equity
0.6486
Current ratio
3.1029
Income quality
3.5495
Average inventory
347.2 Million
ROE
0.0385
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Summit Materials, Inc., through its subsidiaries, plays a pivotal role in the construction materials sector by producing and selling essential products for public infrastructure, residential, and nonresidential markets. The company recorded an operating income of $310,630,000.00 reflecting its earnings from core operations. The cost of revenue for the company is $1,862,408,000.00 showcasing its production and operational expenses. Alongside this, the operating expenses amount to $446,430,000.00 encompassing various operational costs incurred in its operations. Altogether, the total costs and expenses for the company are $2,308,838,000.00 reflecting its overall spending, while reporting depreciation and amortization expenses of $217,550,000.00 highlights the wear and tear of its assets. The company is organized into three segments: West, East, and Cement, and offers a wide range of products, including aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, along with plastics components. Additionally, Summit provides asphalt paving and related services to both the private and public infrastructure sectors and manages municipal waste, construction, and demolition debris landfills, as well as liquid asphalt terminals. With operations in the United States and British Columbia, Canada, the firm has established a strong footprint since its founding in 2009, and is headquartered in Denver, Colorado. The stock is reasonably priced at $52.49 appealing to a broad range of investors, and it has a high average trading volume of 4,039,938.00 indicating strong liquidity. With a mid-range market capitalization of $9,228,476,860.00 the company is a steady performer in the market. It is a key player in the Construction Materials industry, contributing significantly to the overall market landscape, and it belongs to the Basic Materials sector, driving innovation and growth. These factors combined enhance the company's reputation and investment appeal, making it a solid option for those looking to engage with the construction materials market.
Analysts predict Summit Materials, Inc. stock to fluctuate between $34.64 (low) and $54.07 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-02-10, Summit Materials, Inc.'s market cap is $9,228,476,860, based on 175,814,000 outstanding shares.
Compared to The Sherwin-Williams Company, Summit Materials, Inc. has a Lower Market-Cap, indicating a difference in performance.
Summit Materials, Inc. pays dividends. The current dividend yield is 5.89%, with a payout of $1.70 per share.
To buy Summit Materials, Inc. (SUM) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for SUM. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Summit Materials, Inc.'s last stock split was 1017:1000 on 2022-12-14.
Revenue: $2,619,468,000 | EPS: $2.40 | Growth: 5.73%.
Visit https://summit-materials.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $54.07 (2025-02-10) | All-time low: $7.38 (2020-03-23).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
prnewswire.com
4 months ago
DENVER , Feb. 10, 2025 /PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM) ("Summit," "Summit Materials" or the "Company"), a leading producer of aggregates and cement, today announced the closing of its previously announced definitive agreement to be acquired by Quikrete Holdings, Inc. ("Quikrete") for $52.50 per share in cash, for a total enterprise value of approximately $11.5 billion, including debt. Summit's common stock has ceased trading on the NYSE and will no longer be listed on any public market.
prnewswire.com
4 months ago
DENVER , Feb. 5, 2025 /PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM) ("Summit," "Summit Materials" or the "Company"), a leading producer of aggregates and cement, today announced that the Company has obtained all requisite stockholder approvals in connection with the proposed acquisition by Quikrete Holdings, Inc. ("Quikrete"). Summit will disclose the final, certified voting results on a Form 8-K with the U.S. Securities and Exchange Commission ("SEC").
accessnewswire.com
4 months ago
LOS ANGELES, CA / ACCESS Newswire / January 30, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Summit Materials, Inc. ("Summit" or "the Company") (NYSE:SUM) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Summit board breached its fiduciary duties to shareholders.
accessnewswire.com
4 months ago
LOS ANGELES, CA / ACCESS Newswire / January 28, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Summit Materials, Inc. ("Summit" or "the Company") (NYSE:SUM) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Summit board breached its fiduciary duties to shareholders.
accessnewswire.com
4 months ago
LOS ANGELES, CA / ACCESS Newswire / January 27, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Summit Materials, Inc. ("Summit" or "the Company") (NYSE:SUM) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Summit board breached its fiduciary duties to shareholders.
accessnewswire.com
4 months ago
LOS ANGELES, CA / ACCESS Newswire / January 26, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Summit Materials, Inc. ("Summit" or "the Company") (NYSE:SUM) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Summit board breached its fiduciary duties to shareholders.
accessnewswire.com
4 months ago
LOS ANGELES, CA / ACCESS Newswire / January 24, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Summit Materials, Inc. ("Summit" or "the Company") (NYSE:SUM) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Summit board breached its fiduciary duties to shareholders.
accessnewswire.com
4 months ago
LOS ANGELES, CA / ACCESS Newswire / January 23, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Summit Materials, Inc. ("Summit" or "the Company") (NYSE:SUM) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Summit board breached its fiduciary duties to shareholders.
accessnewswire.com
4 months ago
LOS ANGELES, CA / ACCESS Newswire / January 22, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Summit Materials, Inc. ("Summit" or "the Company") (NYSE:SUM) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Summit board breached its fiduciary duties to shareholders.
accessnewswire.com
4 months ago
LOS ANGELES, CA / ACCESS Newswire / January 21, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Summit Materials, Inc. ("Summit" or "the Company") (NYSE:SUM) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Summit board breached its fiduciary duties to shareholders.
See all news