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)
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
10-K
2023 FY
Annual report
15 Feb 24
8-K
Summit Materials, Inc. Reports Fourth Quarter and Full Year 2023 Results
14 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
Transcripts
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 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
SUM
Earnings call transcript
2021 Q2
5 Aug 21
SUM
Earnings call transcript
2021 Q1
11 May 21
Latest ownership filings
Financial summary
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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) | 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) | 74.37 mm | 156.69 mm | n/a | n/a | n/a | n/a |
Cash remaining | 123.11 mm | 40.79 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 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
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 |
7 Mar 24 | David Loomes | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 13,974 | 0.00 | 13,974 |
News
(SUM) - Analyzing Summit Materials's Short Interest
11 Apr 24
Citigroup Maintains Buy on Summit Materials, Raises Price Target to $51
5 Apr 24
Summit Materials Stock: A Deep Dive Into Analyst Perspectives (13 Ratings)
2 Apr 24
Truist Securities Maintains Buy on Summit Materials, Raises Price Target to $53
2 Apr 24
Truist Securities Maintains Buy on Summit Materials, Raises Price Target to $50
15 Mar 24
Press releases
Summit Materials Announces First Quarter 2024 Results Conference Call Date
18 Apr 24
Summit Materials, Inc. Provides Update on Its Elevate Strategy
13 Mar 24
Thinking about buying stock in Summit Materials, Informatica, Unicycive Therapeutics, Tarsus Pharmaceuticals, or Zion Oil and Gas?
29 Feb 24
Summit Materials to Host Investor Day on March 13, 2024
20 Feb 24
Summit Materials, Inc. Reports Fourth Quarter and Full Year 2023 Results
14 Feb 24