Summit Materials Past Earnings Performance

Past criteria checks 1/6

Summit Materials has been growing earnings at an average annual rate of 37.9%, while the Basic Materials industry saw earnings growing at 18.3% annually. Revenues have been growing at an average rate of 3.7% per year. Summit Materials's return on equity is 12.5%, and it has net margins of 10.9%.

Key information

37.9%

Earnings growth rate

37.2%

EPS growth rate

Basic Materials Industry Growth20.0%
Revenue growth rate3.7%
Return on equity12.5%
Net Margin10.9%
Last Earnings Update30 Dec 2023

Recent past performance updates

Recent updates

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, Inc. (NYSE:SUM) Investors Are Less Pessimistic Than Expected

Jan 29
Summit Materials, Inc. (NYSE:SUM) Investors Are Less Pessimistic Than Expected

Is There An Opportunity With Summit Materials, Inc.'s (NYSE:SUM) 35% Undervaluation?

Dec 23
Is There An Opportunity With Summit Materials, Inc.'s (NYSE:SUM) 35% Undervaluation?

Here's Why Summit Materials (NYSE:SUM) Can Manage Its Debt Responsibly

Dec 08
Here's Why Summit Materials (NYSE:SUM) Can Manage Its Debt Responsibly

Summit Materials: A Good Buy At Current Levels

Nov 26

Does Summit Materials (NYSE:SUM) Deserve A Spot On Your Watchlist?

Nov 08
Does Summit Materials (NYSE:SUM) Deserve A Spot On Your Watchlist?

When Should You Buy Summit Materials, Inc. (NYSE:SUM)?

Oct 23
When Should You Buy Summit Materials, Inc. (NYSE:SUM)?

Summit Materials: Cementing Its Position

Sep 10

These 4 Measures Indicate That Summit Materials (NYSE:SUM) Is Using Debt Reasonably Well

Sep 04
These 4 Measures Indicate That Summit Materials (NYSE:SUM) Is Using Debt Reasonably Well

What Does Summit Materials, Inc.'s (NYSE:SUM) Share Price Indicate?

Jul 25
What Does Summit Materials, Inc.'s (NYSE:SUM) Share Price Indicate?

Summit Materials: Good Medium To Long-Term Growth Prospects

Jul 09

Investors Met With Slowing Returns on Capital At Summit Materials (NYSE:SUM)

Jul 06
Investors Met With Slowing Returns on Capital At Summit Materials (NYSE:SUM)

Do Summit Materials' (NYSE:SUM) Earnings Warrant Your Attention?

Jun 03
Do Summit Materials' (NYSE:SUM) Earnings Warrant Your Attention?

We Think Summit Materials (NYSE:SUM) Can Stay On Top Of Its Debt

May 18
We Think Summit Materials (NYSE:SUM) Can Stay On Top Of Its Debt

At US$26.40, Is Summit Materials, Inc. (NYSE:SUM) Worth Looking At Closely?

Apr 12
At US$26.40, Is Summit Materials, Inc. (NYSE:SUM) Worth Looking At Closely?

Summit Materials (NYSE:SUM) Has More To Do To Multiply In Value Going Forward

Mar 28
Summit Materials (NYSE:SUM) Has More To Do To Multiply In Value Going Forward

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

Feb 26
Should You Be Adding Summit Materials (NYSE:SUM) To Your Watchlist Today?

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

Feb 15

These 4 Measures Indicate That Summit Materials (NYSE:SUM) Is Using Debt Reasonably Well

Feb 06
These 4 Measures Indicate That Summit Materials (NYSE:SUM) Is Using Debt Reasonably Well

What Is Summit Materials, Inc.'s (NYSE:SUM) Share Price Doing?

Jan 10
What Is Summit Materials, Inc.'s (NYSE:SUM) Share Price Doing?

Return Trends At Summit Materials (NYSE:SUM) Aren't Appealing

Dec 28
Return Trends At Summit Materials (NYSE:SUM) Aren't Appealing

Summit Materials: Good Growth Prospects At A Discount Valuation

Dec 12

Do Summit Materials' (NYSE:SUM) Earnings Warrant Your Attention?

Nov 28
Do Summit Materials' (NYSE:SUM) Earnings Warrant Your Attention?

Summit Materials, Inc. (NYSE:SUM) Shares Could Be 47% Below Their Intrinsic Value Estimate

Nov 16
Summit Materials, Inc. (NYSE:SUM) Shares Could Be 47% Below Their Intrinsic Value Estimate

Summit Materials (NYSE:SUM) Has A Pretty Healthy Balance Sheet

Oct 31
Summit Materials (NYSE:SUM) Has A Pretty Healthy Balance Sheet

Investors Met With Slowing Returns on Capital At Summit Materials (NYSE:SUM)

Sep 28
Investors Met With Slowing Returns on Capital At Summit Materials (NYSE:SUM)

Summit Materials Gives A Rock-Solid Foundation For Growth

Sep 13

Is There Now An Opportunity In Summit Materials, Inc. (NYSE:SUM)?

Aug 31
Is There Now An Opportunity In Summit Materials, Inc. (NYSE:SUM)?

Does Summit Materials (NYSE:SUM) Deserve A Spot On Your Watchlist?

Aug 17
Does Summit Materials (NYSE:SUM) Deserve A Spot On Your Watchlist?

Is Summit Materials (NYSE:SUM) A Risky Investment?

Jul 20
Is Summit Materials (NYSE:SUM) A Risky Investment?

Summit Materials: Investor Day Outlines The Next Leg Of Growth

Jun 19

Returns On Capital At Summit Materials (NYSE:SUM) Have Stalled

Jun 17
Returns On Capital At Summit Materials (NYSE:SUM) Have Stalled

Should You Investigate Summit Materials, Inc. (NYSE:SUM) At US$26.67?

May 19
Should You Investigate Summit Materials, Inc. (NYSE:SUM) At US$26.67?

Here's Why I Think Summit Materials (NYSE:SUM) Might Deserve Your Attention Today

May 04
Here's Why I Think Summit Materials (NYSE:SUM) Might Deserve Your Attention Today

Is Summit Materials (NYSE:SUM) A Risky Investment?

Apr 05
Is Summit Materials (NYSE:SUM) A Risky Investment?

Slowing Rates Of Return At Summit Materials (NYSE:SUM) Leave Little Room For Excitement

Mar 08
Slowing Rates Of Return At Summit Materials (NYSE:SUM) Leave Little Room For Excitement

Should You Think About Buying Summit Materials, Inc. (NYSE:SUM) Now?

Feb 07
Should You Think About Buying Summit Materials, Inc. (NYSE:SUM) Now?

Summit Materials Delivers On Its Promises But Is Getting Too Expensive

Dec 31

Is Summit Materials (NYSE:SUM) Using Too Much Debt?

Dec 30
Is Summit Materials (NYSE:SUM) Using Too Much Debt?

Should You Investigate Summit Materials, Inc. (NYSE:SUM) At US$39.23?

Nov 09
Should You Investigate Summit Materials, Inc. (NYSE:SUM) At US$39.23?

Summit Materials Is Up 40% Since My January Call - What's Next?

Oct 06

We Think Summit Materials (NYSE:SUM) Can Stay On Top Of Its Debt

Sep 26
We Think Summit Materials (NYSE:SUM) Can Stay On Top Of Its Debt

Revenue & Expenses Breakdown
Beta

How Summit Materials makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:SUM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Dec 232,6192862100
30 Sep 232,5123132040
01 Jul 232,4701691930
01 Apr 232,4272761850
31 Dec 222,4132721870
01 Oct 222,4572861870
02 Jul 222,4212741970
02 Apr 222,4031401970
01 Jan 222,4101521930
02 Oct 212,4381431970
03 Jul 212,4301602010
03 Apr 212,3931591930
02 Jan 212,3321381830
26 Sep 202,2641382170
27 Jun 202,2871032290
28 Mar 202,257852500
28 Dec 192,222591560
28 Sep 192,15742540
29 Jun 192,119202510
30 Mar 192,119192510
29 Dec 182,101342700
29 Sep 182,100962580
30 Jun 182,0401062580
31 Mar 181,9631212540
30 Dec 171,9331222430
30 Sep 171,866792340
01 Jul 171,761422390
01 Apr 171,68252570
31 Dec 161,626372440
01 Oct 161,605591990
02 Jul 161,547291920
02 Apr 161,467141560
02 Jan 161,432251630
26 Sep 151,365-51940
27 Jun 151,288-201730
28 Mar 151,247-191540
27 Dec 141,204-91510
27 Sep 141,108-731410
28 Jun 141,030-521390
29 Mar 14886-791410
28 Dec 13916-1061420

Quality Earnings: SUM has a large one-off gain of $158.1M impacting its last 12 months of financial results to 30th December, 2023.

Growing Profit Margin: SUM's current net profit margins (10.9%) are lower than last year (11.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SUM's earnings have grown significantly by 37.9% per year over the past 5 years.

Accelerating Growth: SUM's earnings growth over the past year (5%) is below its 5-year average (37.9% per year).

Earnings vs Industry: SUM earnings growth over the past year (5%) did not outperform the Basic Materials industry 48.7%.


Return on Equity

High ROE: SUM's Return on Equity (12.5%) is considered low.


Return on Assets


Return on Capital Employed


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