summit materials is a leading aggregates based construction materials company that supplies aggregates, cement, ready-mixed concrete and asphalt, and provides paving and other services. we are committed to promoting the success of our businesses by offering a safe place to work and implementing best practices, while striving to exceed our environmental and social responsibilities. summit materials was formed by its ceo tom hill and a small group of investors, including blackstone capital partners (an affiliate of the blackstone group) and silverhawk capital partners. summit materials completed its first acquisition in late 2009 and since then has closed on more than 30 acquisitions, which are organized into ten operating companies in three geographic regions across the united states and western canada. further information is available at www.summit-materials.com.
Company profile
Ticker
SUM
Exchange
Website
CEO
Anne P. Noonan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Alan Ritchey Materials Company • Alleyton Resource Company, LLC • Alleyton Services Company, LLC • American Materials Company, LLC • Argos North America Corp. • Argos USA LLC • Arizona Materials, L.L.C. • Arizona Materials Leasing, L.L.C. • Asphalt Materials, LLC • Austin Materials, LLC ...
SUM stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
21 May 24
DEFA14A
Additional proxy soliciting materials
6 May 24
DEFA14A
Additional proxy soliciting materials
6 May 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Summit Materials, Inc. Reports First Quarter 2024 Results
1 May 24
8-K
Financial Statements and Exhibits
26 Apr 24
ARS
2023 FY
Annual report to shareholders
8 Apr 24
DEFA14A
Additional proxy soliciting materials
8 Apr 24
DEF 14A
Definitive proxy
8 Apr 24
8-K
Regulation FD Disclosure
13 Mar 24
Transcripts
SUM
Earnings call transcript
2024 Q1
2 May 24
SUM
Earnings call transcript
2023 Q4
15 Feb 24
SUM
Earnings call transcript
2023 Q3
2 Nov 23
SUM
Earnings call transcript
2023 Q2
3 Aug 23
SUM
Earnings call transcript
2023 Q2
3 Aug 23
SUM
Earnings call transcript
2023 Q1
4 May 23
SUM
Earnings call transcript
2022 Q4
16 Feb 23
SUM
Earnings call transcript
2022 Q3
3 Nov 22
SUM
Earnings call transcript
2021 Q3
4 Nov 21
SUM
Earnings call transcript
2021 Q2
8 Aug 21
Latest ownership filings
4
Jason Kilgore
14 May 24
144
Notice of proposed sale of securities
13 May 24
4
Irene Moshouris
8 Mar 24
4
JORGE MARIO VELASQUEZ
8 Mar 24
4
HOWARD L LANCE
8 Mar 24
4
Craig Scott Anderson
8 Mar 24
4
David Loomes
8 Mar 24
4
Anne M Cooney
8 Mar 24
4
Susan A Ellerbusch
8 Mar 24
4
JOSEPH S CANTIE
8 Mar 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Jan 22 | Jan 21 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 498.11 mm | 498.11 mm | 498.11 mm | 498.11 mm | 498.11 mm | 498.11 mm |
Cash burn (monthly) | 225.35 mm | (no burn) | 26.11 mm | (no burn) | 13.42 mm | (no burn) |
Cash used (since last report) | 472.33 mm | n/a | 54.73 mm | n/a | 28.12 mm | n/a |
Cash remaining | 25.78 mm | n/a | 443.38 mm | n/a | 469.99 mm | n/a |
Runway (months of cash) | 0.1 | n/a | 17.0 | n/a | 35.0 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 May 24 | Jason Kilgore | Class A Common Stock | Sell | Dispose S | No | No | 40.15 | 39,379 | 1.58 mm | 60,630 |
13 May 24 | Jason Kilgore | Class A Common Stock | Sell | Dispose S | No | No | 40.4 | 11,210 | 452.88 k | 100,009 |
13 May 24 | Jason Kilgore | Class A Common Stock | Option exercise | Acquire M | No | No | 18 | 50,589 | 910.60 k | 111,219 |
13 May 24 | Jason Kilgore | Options Class A Common Stock | Option exercise | Dispose M | No | No | 18 | 50,589 | 910.60 k | 0 |
7 Mar 24 | Irene Moshouris | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 3,341 | 0.00 | 3,341 |
7 Mar 24 | Jorge Mario Velasquez | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 3,341 | 0.00 | 3,341 |
7 Mar 24 | Howard L Lance | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 3,341 | 0.00 | 3,341 |
7 Mar 24 | Craig Scott Anderson | Class A Common Stock | Payment of exercise | Dispose F | No | No | 42.39 | 3,355 | 142.22 k | 20,936 |
7 Mar 24 | Craig Scott Anderson | Class A Common Stock | Grant | Acquire A | No | No | 0 | 11,667 | 0.00 | 24,291 |
7 Mar 24 | Craig Scott Anderson | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 17,122 | 0.00 | 17,122 |
News
Stephens & Co. Maintains Overweight on Summit Materials, Raises Price Target to $50
3 May 24
A Glimpse Into The Expert Outlook On Summit Materials Through 13 Analysts
3 May 24
RBC Capital Maintains Sector Perform on Summit Materials, Raises Price Target to $46
3 May 24
Summit Materials Q1 2024 Adj EPS $(0.12) Beats $(0.23) Estimate, Sales $773.229M Miss $833.603M Estimate
1 May 24
(SUM) - Analyzing Summit Materials's Short Interest
11 Apr 24