Summit Materials Future Growth

Future criteria checks 3/6

Summit Materials is forecast to grow earnings and revenue by 43.1% and 8% per annum respectively. EPS is expected to grow by 40.6% per annum. Return on equity is forecast to be 7.6% in 3 years.

Key information

43.1%

Earnings growth rate

40.6%

EPS growth rate

Basic Materials earnings growth9.0%
Revenue growth rate8.0%
Future return on equity7.6%
Analyst coverage

Good

Last updated29 Jan 2025

Recent future growth updates

Recent updates

Summit Materials, Inc. (NYSE:SUM) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable

Nov 22
Summit Materials, Inc. (NYSE:SUM) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable

Summit Materials: Good Growth Prospects Should Drive Further Upside

Sep 27

Should You Be Adding Summit Materials (NYSE:SUM) To Your Watchlist Today?

Sep 25
Should You Be Adding Summit Materials (NYSE:SUM) To Your Watchlist Today?

Why Summit Materials, Inc. (NYSE:SUM) Could Be Worth Watching

Sep 04
Why Summit Materials, Inc. (NYSE:SUM) Could Be Worth Watching

Summit Materials' (NYSE:SUM) Earnings Aren't As Good As They Appear

Aug 14
Summit Materials' (NYSE:SUM) Earnings Aren't As Good As They Appear

Summit Materials: Still Cheap, Still Worth An Optimistic View

Jul 02

Is It Time To Consider Buying Summit Materials, Inc. (NYSE:SUM)?

May 31
Is It Time To Consider Buying Summit Materials, Inc. (NYSE:SUM)?

Investors Interested In Summit Materials, Inc.'s (NYSE:SUM) Earnings

May 05
Investors Interested In Summit Materials, Inc.'s (NYSE:SUM) Earnings

Summit Materials: Diversified But Lacking Upside

Apr 17

Is It Time To Consider Buying Summit Materials, Inc. (NYSE:SUM)?

Feb 19
Is It Time To Consider Buying Summit Materials, Inc. (NYSE:SUM)?

Summit Materials: A Good Buy At Current Levels

Nov 26

Summit Materials: Cementing Its Position

Sep 10

Summit Materials: Good Medium To Long-Term Growth Prospects

Jul 09

Summit Materials Non-GAAP EPS of $0.32 beats by $0.02, revenue of $552.27M misses by $14.89M

Feb 15

Summit Materials: Good Growth Prospects At A Discount Valuation

Dec 12

Summit Materials Gives A Rock-Solid Foundation For Growth

Sep 13

Summit Materials: Investor Day Outlines The Next Leg Of Growth

Jun 19

Earnings and Revenue Growth Forecasts

NYSE:SUM - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20264,5434225078478
12/31/20254,28735439076710
12/31/20243,9832112556689
9/28/20243,755147169539N/A
6/29/20243,378272130456N/A
3/30/20242,989250126398N/A
12/30/20232,619286183439N/A
9/30/20232,512313136396N/A
7/1/20232,47016998362N/A
4/1/20232,42727629301N/A
12/31/20222,41327217284N/A
10/1/20222,45728656287N/A
7/2/20222,42127495304N/A
4/2/20222,403140167367N/A
1/1/20222,410152150362N/A
10/2/20212,438143191398N/A
7/3/20212,430160218422N/A
4/3/20212,393159241426N/A
1/2/20212,332138232409N/A
9/26/20202,264138214391N/A
6/27/20202,287103205383N/A
3/28/20202,25785152329N/A
12/28/20192,22259160337N/A
9/28/20192,1574126303N/A
6/29/20192,1192064259N/A
3/30/20192,11919-3230N/A
12/29/20182,10134-11209N/A
9/29/20182,100960230N/A
6/30/20182,040106N/A247N/A
3/31/20181,963121N/A286N/A
12/30/20171,933122N/A292N/A
9/30/20171,86679N/A293N/A
7/1/20171,76142N/A283N/A
4/1/20171,6825N/A241N/A
12/31/20161,62637N/A245N/A
10/1/20161,60559N/A201N/A
7/2/20161,54729N/A152N/A
4/2/20161,46714N/A118N/A
1/2/20161,43225N/A98N/A
9/26/20151,365-5N/A72N/A
6/27/20151,288-20N/A45N/A
3/28/20151,247-19N/A68N/A
12/27/20141,204-9N/A79N/A
9/27/20141,108-73N/A55N/A
6/28/20141,030-52N/A68N/A
3/29/2014886-79N/A40N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SUM's forecast earnings growth (43.1% per year) is above the savings rate (2.6%).

Earnings vs Market: SUM's earnings (43.1% per year) are forecast to grow faster than the US market (15% per year).

High Growth Earnings: SUM's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SUM's revenue (8% per year) is forecast to grow slower than the US market (9% per year).

High Growth Revenue: SUM's revenue (8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SUM's Return on Equity is forecast to be low in 3 years time (7.6%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 23:14
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/28
Annual Earnings2023/12/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

Summit Materials, Inc. is covered by 29 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam SeidenBarclays
Adam ThalhimerBB&T Capital Markets
Daniel WangBerenberg