Summit Materials is a leading vertically integrated materials-based company that supplies aggregates, cement, ready-mix concrete and asphalt in the United States and British Columbia, Canada. Summit is a geographically diverse, materials-based business of scale that offers customers a single-source provider of construction materials and related downstream products in the public infrastructure, residential and non-residential end markets. Summit has a strong track record of successful acquisitions since its founding and continues to pursue growth opportunities in new and existing markets. For more information about Summit Materials, please visit www.summit-materials.com.
Company profile
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 • Austin Materials, LLC • B&B Resources, Inc. • Bourbon Limestone Company • Boxley Materials Company • Buckingham Slate Company, LLC • Buckingham Slate #1, LLC ...
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
13 Sep 23
8-K
Entry into a Material Definitive Agreement
13 Sep 23
DEFA14A
Additional proxy soliciting materials
8 Sep 23
8-K
Entry into a Material Definitive Agreement
8 Sep 23
DEFA14A
Additional proxy soliciting materials
7 Sep 23
DEFA14A
Additional proxy soliciting materials
7 Sep 23
8-K
Creating a Materials-Led Enterprise with National Scale
7 Sep 23
8-K
Summit Materials Announces Significant Step to Streamline Company Structure
22 Aug 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
8-K
Mine Safety - Reporting of Shutdowns and Patterns of Violations
23 Jun 23
Transcripts
Earnings call transcript
2022 Q2
7 Aug 22
Earnings call transcript
2022 Q1
7 May 22
Earnings call transcript
2021 Q4
24 Feb 22
Earnings call transcript
2021 Q3
6 Nov 21
Earnings call transcript
2020 Q2
22 Jul 20
Earnings call transcript
2020 Q1
1 May 20
Earnings call transcript
2019 Q4
5 Feb 20
Earnings call transcript
2019 Q3
31 Oct 19
Earnings call transcript
2019 Q2
4 Aug 19
Earnings call transcript
2019 Q1
8 May 19
Latest ownership filings
Financial summary
| Quarter (USD) | Jul 23 | Apr 23 | Dec 22 | Oct 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Jan 22 | Jan 21 | Dec 19 | |
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| Revenue | |||||
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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) | 230.01 mm | 230.01 mm | 230.01 mm | 230.01 mm | 230.01 mm | 230.01 mm |
| Cash burn (monthly) | 49.82 mm | 19.61 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 133.92 mm | 52.71 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 96.09 mm | 177.30 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 1.9 | 9.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
| 13F holders | Current |
|---|---|
| Total holders | 258 |
| Opened positions | 56 |
| Closed positions | 33 |
| Increased positions | 83 |
| Reduced positions | 75 |
| 13F shares | Current |
|---|---|
| Total value | 4.52 tn |
| Total shares | 119.51 mm |
| Total puts | 62.40 k |
| Total calls | 208.90 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 11.79 mm | $446.19 bn |
| BLK Blackrock | 9.62 mm | $363.98 bn |
| Capital International Investors | 7.45 mm | $282.14 bn |
| Dimensional Fund Advisors | 5.98 mm | $226.31 bn |
| MCQEF Macquarie | 5.50 mm | $208.20 bn |
| PFG Principal Financial Group Inc - Registered Shares | 5.15 mm | $194.75 bn |
| T. Rowe Price | 5.05 mm | $191.05 bn |
| Victory Capital Management | 3.96 mm | $150.05 bn |
| IVZ Invesco | 3.61 mm | $136.64 bn |
| JHG Janus Henderson | 3.28 mm | $124.24 bn |