Summit Materials Past Earnings Performance
Past criteria checks 1/6
Summit Materials has been growing earnings at an average annual rate of 23.8%, while the Basic Materials industry saw earnings growing at 21.1% annually. Revenues have been growing at an average rate of 7.6% per year. Summit Materials's return on equity is 3.3%, and it has net margins of 3.9%.
Key information
23.8%
Earnings growth rate
21.1%
EPS growth rate
| Basic Materials Industry Growth | 20.0% |
| Revenue growth rate | 7.6% |
| Return on equity | 3.3% |
| Net Margin | 3.9% |
| Last Earnings Update | 28 Sep 2024 |
Recent past performance updates
Recent updates
Summit Materials, Inc. (NYSE:SUM) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Nov 22
Summit Materials: Good Growth Prospects Should Drive Further Upside
Sep 27Should You Be Adding Summit Materials (NYSE:SUM) To Your Watchlist Today?
Sep 25Why Summit Materials, Inc. (NYSE:SUM) Could Be Worth Watching
Sep 04Summit Materials' (NYSE:SUM) Earnings Aren't As Good As They Appear
Aug 14Summit Materials: Still Cheap, Still Worth An Optimistic View
Jul 02Is It Time To Consider Buying Summit Materials, Inc. (NYSE:SUM)?
May 31Investors Interested In Summit Materials, Inc.'s (NYSE:SUM) Earnings
May 05Summit 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 29Summit Materials: A Good Buy At Current Levels
Nov 26Summit Materials: Cementing Its Position
Sep 10Summit Materials: Good Medium To Long-Term Growth Prospects
Jul 09Summit Materials Non-GAAP EPS of $0.32 beats by $0.02, revenue of $552.27M misses by $14.89M
Feb 15Summit Materials: Good Growth Prospects At A Discount Valuation
Dec 12Summit Materials Gives A Rock-Solid Foundation For Growth
Sep 13Summit Materials: Investor Day Outlines The Next Leg Of Growth
Jun 19Revenue & Expenses Breakdown
How Summit Materials makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 28 Sep 24 | 3,755 | 147 | 291 | 0 |
| 29 Jun 24 | 3,378 | 272 | 263 | 0 |
| 30 Mar 24 | 2,989 | 250 | 233 | 0 |
| 30 Dec 23 | 2,619 | 286 | 210 | 0 |
| 30 Sep 23 | 2,512 | 313 | 201 | 0 |
| 01 Jul 23 | 2,470 | 169 | 187 | 0 |
| 01 Apr 23 | 2,427 | 276 | 181 | 0 |
| 31 Dec 22 | 2,413 | 272 | 187 | 0 |
| 01 Oct 22 | 2,457 | 286 | 187 | 0 |
| 02 Jul 22 | 2,421 | 274 | 197 | 0 |
| 02 Apr 22 | 2,403 | 140 | 197 | 0 |
| 01 Jan 22 | 2,410 | 152 | 193 | 0 |
| 02 Oct 21 | 2,438 | 143 | 197 | 0 |
| 03 Jul 21 | 2,430 | 160 | 201 | 0 |
| 03 Apr 21 | 2,393 | 159 | 193 | 0 |
| 02 Jan 21 | 2,332 | 138 | 183 | 0 |
| 26 Sep 20 | 2,264 | 138 | 217 | 0 |
| 27 Jun 20 | 2,287 | 103 | 229 | 0 |
| 28 Mar 20 | 2,257 | 85 | 250 | 0 |
| 28 Dec 19 | 2,222 | 59 | 156 | 0 |
| 28 Sep 19 | 2,157 | 4 | 254 | 0 |
| 29 Jun 19 | 2,119 | 20 | 251 | 0 |
| 30 Mar 19 | 2,119 | 19 | 251 | 0 |
| 29 Dec 18 | 2,101 | 34 | 270 | 0 |
| 29 Sep 18 | 2,100 | 96 | 258 | 0 |
| 30 Jun 18 | 2,040 | 106 | 258 | 0 |
| 31 Mar 18 | 1,963 | 121 | 254 | 0 |
| 30 Dec 17 | 1,933 | 122 | 243 | 0 |
| 30 Sep 17 | 1,866 | 79 | 234 | 0 |
| 01 Jul 17 | 1,761 | 42 | 239 | 0 |
| 01 Apr 17 | 1,682 | 5 | 257 | 0 |
| 31 Dec 16 | 1,626 | 37 | 244 | 0 |
| 01 Oct 16 | 1,605 | 59 | 199 | 0 |
| 02 Jul 16 | 1,547 | 29 | 192 | 0 |
| 02 Apr 16 | 1,467 | 14 | 156 | 0 |
| 02 Jan 16 | 1,432 | 25 | 163 | 0 |
| 26 Sep 15 | 1,365 | -5 | 194 | 0 |
| 27 Jun 15 | 1,288 | -20 | 173 | 0 |
| 28 Mar 15 | 1,247 | -19 | 154 | 0 |
| 27 Dec 14 | 1,204 | -9 | 151 | 0 |
| 27 Sep 14 | 1,108 | -73 | 141 | 0 |
| 28 Jun 14 | 1,030 | -52 | 139 | 0 |
| 29 Mar 14 | 886 | -79 | 141 | 0 |
Quality Earnings: SUM has a large one-off gain of $93.5M impacting its last 12 months of financial results to 28th September, 2024.
Growing Profit Margin: SUM's current net profit margins (3.9%) are lower than last year (12.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SUM's earnings have grown significantly by 23.8% per year over the past 5 years.
Accelerating Growth: SUM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SUM had negative earnings growth (-52.4%) over the past year, making it difficult to compare to the Basic Materials industry average (6.8%).
Return on Equity
High ROE: SUM's Return on Equity (3.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/19 12:35 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Summit Materials, Inc. is covered by 29 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adam Seiden | Barclays |
| Adam Thalhimer | BB&T Capital Markets |
| Daniel Wang | Berenberg |