Summit Materials Past Earnings Performance
Past criteria checks 4/6
Summit Materials has been growing earnings at an average annual rate of 30.5%, while the Basic Materials industry saw earnings growing at 22.3% annually. Revenues have been growing at an average rate of 5.8% per year. Summit Materials's return on equity is 6.3%, and it has net margins of 8.1%.
Key information
30.5%
Earnings growth rate
28.5%
EPS growth rate
Basic Materials Industry Growth | 20.0% |
Revenue growth rate | 5.8% |
Return on equity | 6.3% |
Net Margin | 8.1% |
Last Earnings Update | 29 Jun 2024 |
Recent past performance updates
Recent updates
Summit 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 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 08Revenue & 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 |
---|---|---|---|---|
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 |
28 Dec 13 | 916 | -106 | 142 | 0 |
Quality Earnings: SUM has a large one-off gain of $101.3M impacting its last 12 months of financial results to 29th June, 2024.
Growing Profit Margin: SUM's current net profit margins (8.1%) are higher than last year (6.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SUM's earnings have grown significantly by 30.5% per year over the past 5 years.
Accelerating Growth: SUM's earnings growth over the past year (58.7%) exceeds its 5-year average (30.5% per year).
Earnings vs Industry: SUM earnings growth over the past year (58.7%) exceeded the Basic Materials industry 36.1%.
Return on Equity
High ROE: SUM's Return on Equity (6.3%) is considered low.