Summit Materials Future Growth
Future criteria checks 4/6
Summit Materials is forecast to grow earnings and revenue by 29.7% and 16.6% per annum respectively. EPS is expected to grow by 20.2% per annum. Return on equity is forecast to be 12.4% in 3 years.
Key information
29.7%
Earnings growth rate
20.2%
EPS growth rate
| Basic Materials earnings growth | 6.2% |
| Revenue growth rate | 16.6% |
| Future return on equity | 12.4% |
| Analyst coverage | Good |
| Last updated | 06 May 2024 |
Recent future growth updates
Recent updates
Investors Interested In Summit Materials, Inc.'s (NYSE:SUM) Earnings
May 05
Summit Materials: Diversified But Lacking Upside
Apr 17Is It Time To Consider Buying Summit Materials, Inc. (NYSE:SUM)?
Feb 19Summit Materials, Inc. (NYSE:SUM) Investors Are Less Pessimistic Than Expected
Jan 29Is There An Opportunity With Summit Materials, Inc.'s (NYSE:SUM) 35% Undervaluation?
Dec 23Here's Why Summit Materials (NYSE:SUM) Can Manage Its Debt Responsibly
Dec 08Summit Materials: A Good Buy At Current Levels
Nov 26Does Summit Materials (NYSE:SUM) Deserve A Spot On Your Watchlist?
Nov 08When Should You Buy Summit Materials, Inc. (NYSE:SUM)?
Oct 23Summit Materials: Cementing Its Position
Sep 10These 4 Measures Indicate That Summit Materials (NYSE:SUM) Is Using Debt Reasonably Well
Sep 04What Does Summit Materials, Inc.'s (NYSE:SUM) Share Price Indicate?
Jul 25Summit Materials: Good Medium To Long-Term Growth Prospects
Jul 09Investors Met With Slowing Returns on Capital At Summit Materials (NYSE:SUM)
Jul 06Do Summit Materials' (NYSE:SUM) Earnings Warrant Your Attention?
Jun 03We Think Summit Materials (NYSE:SUM) Can Stay On Top Of Its Debt
May 18At US$26.40, Is Summit Materials, Inc. (NYSE:SUM) Worth Looking At Closely?
Apr 12Summit Materials (NYSE:SUM) Has More To Do To Multiply In Value Going Forward
Mar 28Should You Be Adding Summit Materials (NYSE:SUM) To Your Watchlist Today?
Feb 26Summit Materials Non-GAAP EPS of $0.32 beats by $0.02, revenue of $552.27M misses by $14.89M
Feb 15These 4 Measures Indicate That Summit Materials (NYSE:SUM) Is Using Debt Reasonably Well
Feb 06What Is Summit Materials, Inc.'s (NYSE:SUM) Share Price Doing?
Jan 10Return Trends At Summit Materials (NYSE:SUM) Aren't Appealing
Dec 28Summit Materials: Good Growth Prospects At A Discount Valuation
Dec 12Do Summit Materials' (NYSE:SUM) Earnings Warrant Your Attention?
Nov 28Summit Materials, Inc. (NYSE:SUM) Shares Could Be 47% Below Their Intrinsic Value Estimate
Nov 16Summit Materials (NYSE:SUM) Has A Pretty Healthy Balance Sheet
Oct 31Investors Met With Slowing Returns on Capital At Summit Materials (NYSE:SUM)
Sep 28Summit Materials Gives A Rock-Solid Foundation For Growth
Sep 13Is There Now An Opportunity In Summit Materials, Inc. (NYSE:SUM)?
Aug 31Does Summit Materials (NYSE:SUM) Deserve A Spot On Your Watchlist?
Aug 17Is Summit Materials (NYSE:SUM) A Risky Investment?
Jul 20Summit Materials: Investor Day Outlines The Next Leg Of Growth
Jun 19Returns On Capital At Summit Materials (NYSE:SUM) Have Stalled
Jun 17Should You Investigate Summit Materials, Inc. (NYSE:SUM) At US$26.67?
May 19Here's Why I Think Summit Materials (NYSE:SUM) Might Deserve Your Attention Today
May 04Is Summit Materials (NYSE:SUM) A Risky Investment?
Apr 05Slowing Rates Of Return At Summit Materials (NYSE:SUM) Leave Little Room For Excitement
Mar 08Should You Think About Buying Summit Materials, Inc. (NYSE:SUM) Now?
Feb 07Summit Materials Delivers On Its Promises But Is Getting Too Expensive
Dec 31Is Summit Materials (NYSE:SUM) Using Too Much Debt?
Dec 30Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 4,647 | 586 | 552 | 909 | 3 |
| 12/31/2025 | 4,562 | 443 | 357 | 812 | 11 |
| 12/31/2024 | 4,248 | 313 | 101 | 680 | 11 |
| 3/30/2024 | 2,989 | 250 | 126 | 398 | N/A |
| 12/30/2023 | 2,619 | 286 | 183 | 439 | N/A |
| 9/30/2023 | 2,512 | 313 | 136 | 396 | N/A |
| 7/1/2023 | 2,470 | 169 | 98 | 362 | N/A |
| 4/1/2023 | 2,427 | 276 | 29 | 301 | N/A |
| 12/31/2022 | 2,413 | 272 | 17 | 284 | N/A |
| 10/1/2022 | 2,457 | 286 | 56 | 287 | N/A |
| 7/2/2022 | 2,421 | 274 | 95 | 304 | N/A |
| 4/2/2022 | 2,403 | 140 | 167 | 367 | N/A |
| 1/1/2022 | 2,410 | 152 | 150 | 362 | N/A |
| 10/2/2021 | 2,438 | 143 | 191 | 398 | N/A |
| 7/3/2021 | 2,430 | 160 | 218 | 422 | N/A |
| 4/3/2021 | 2,393 | 159 | 241 | 426 | N/A |
| 1/2/2021 | 2,332 | 138 | 232 | 409 | N/A |
| 9/26/2020 | 2,264 | 138 | 214 | 391 | N/A |
| 6/27/2020 | 2,287 | 103 | 205 | 383 | N/A |
| 3/28/2020 | 2,257 | 85 | 152 | 329 | N/A |
| 12/28/2019 | 2,222 | 59 | 160 | 337 | N/A |
| 9/28/2019 | 2,157 | 4 | 126 | 303 | N/A |
| 6/29/2019 | 2,119 | 20 | 64 | 259 | N/A |
| 3/30/2019 | 2,119 | 19 | -3 | 230 | N/A |
| 12/29/2018 | 2,101 | 34 | -11 | 209 | N/A |
| 9/29/2018 | 2,100 | 96 | 0 | 230 | N/A |
| 6/30/2018 | 2,040 | 106 | 31 | 247 | N/A |
| 3/31/2018 | 1,963 | 121 | 94 | 286 | N/A |
| 12/30/2017 | 1,933 | 122 | N/A | 292 | N/A |
| 9/30/2017 | 1,866 | 79 | N/A | 293 | N/A |
| 7/1/2017 | 1,761 | 42 | N/A | 283 | N/A |
| 4/1/2017 | 1,682 | 5 | N/A | 241 | N/A |
| 12/31/2016 | 1,626 | 37 | N/A | 245 | N/A |
| 10/1/2016 | 1,605 | 59 | N/A | 201 | N/A |
| 7/2/2016 | 1,547 | 29 | N/A | 152 | N/A |
| 4/2/2016 | 1,467 | 14 | N/A | 118 | N/A |
| 1/2/2016 | 1,432 | 25 | N/A | 98 | N/A |
| 9/26/2015 | 1,365 | -5 | N/A | 72 | N/A |
| 6/27/2015 | 1,288 | -20 | N/A | 45 | N/A |
| 3/28/2015 | 1,247 | -19 | N/A | 68 | N/A |
| 12/27/2014 | 1,204 | -9 | N/A | 79 | N/A |
| 9/27/2014 | 1,108 | -73 | N/A | 55 | N/A |
| 6/28/2014 | 1,030 | -52 | N/A | 68 | N/A |
| 3/29/2014 | 886 | -79 | N/A | 40 | N/A |
| 12/28/2013 | 916 | -106 | N/A | 66 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SUM's forecast earnings growth (29.7% per year) is above the savings rate (2.4%).
Earnings vs Market: SUM's earnings (29.7% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: SUM's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SUM's revenue (16.6% per year) is forecast to grow faster than the US market (8.3% per year).
High Growth Revenue: SUM's revenue (16.6% 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 (12.4%).