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)
10-K
2023 FY
Annual report
15 Feb 24
8-K/A
Independent Auditors’ Report
12 Feb 24
8-K
Summit Materials Completes Combination with Argos USA
12 Jan 24
8-K
Summit Materials Shareholders Approve Combination with Argos USA
11 Jan 24
8-K
Other Events
28 Dec 23
8-K
Entry into a Material Definitive Agreement
14 Dec 23
8-K
Other Events
1 Dec 23
8-K
Summit Materials Announces intention to offer $800 million of senior notes
27 Nov 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
DEFA14A
Additional proxy soliciting materials
13 Sep 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) | Sep 23 | Jul 23 | Apr 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Jan 22 | Jan 21 | Dec 19 | |
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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) | 197.48 mm | 197.48 mm | 197.48 mm | 197.48 mm | 197.48 mm | 197.48 mm |
Cash burn (monthly) | 10.85 mm | 22.85 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 73.88 mm | 155.65 mm | n/a | n/a | n/a | n/a |
Cash remaining | 123.60 mm | 41.83 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 11.4 | 1.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 286 |
Opened positions | 63 |
Closed positions | 38 |
Increased positions | 105 |
Reduced positions | 74 |
13F shares | Current |
---|---|
Total value | 3.71 tn |
Total shares | 119.15 mm |
Total puts | 8.70 k |
Total calls | 191.80 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 11.93 mm | $371.35 bn |
BLK Blackrock | 10.35 mm | $322.37 bn |
Dimensional Fund Advisors | 5.54 mm | $172.41 bn |
Massachusetts Financial Services | 5.51 mm | $171.67 bn |
MCQEF Macquarie | 5.51 mm | $171.57 bn |
T. Rowe Price | 5.47 mm | $170.51 bn |
PFG Principal Financial Group Inc - Registered Shares | 5.25 mm | $163.52 bn |
Capital International Investors | 3.95 mm | $122.89 bn |
FMR | 3.88 mm | $120.85 bn |
Victory Capital Management | 3.84 mm | $119.49 bn |