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Summit Materials (SUM)

(Delayed Data from NYSE)

$39.36 USD

39.36
1,974,102

-0.92 (-2.28%)

Updated Sep 20, 2024 04:00 PM ET

After-Market: $39.36 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value C Growth F Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 10% (225 out of 251)

Industry: Building Products - Concrete and Aggregates

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Better trading starts here.

Balance Sheet

Research for SUM

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Summit Materials, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,174 520 381 418 311
Receivables 287 257 287 255 253
Notes Receivable 0 0 0 0 0
Inventories 241 212 181 200 205
Other Current Assets 29 29 21 20 27
Total Current Assets 1,732 1,018 870 893 796
Net Property & Equipment 1,977 1,814 1,843 1,850 1,747
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 52 137 205 232 212
Intangibles 1,293 1,204 1,233 1,249 1,223
Deposits & Other Assets 59 45 59 55 56
Total Assets 5,150 4,256 4,239 4,308 4,068
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 124 104 128 121 116
Current Portion Long-Term Debt 4 5 6 6 8
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 172 120 147 161 120
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 15 19 21 27 47
Total Current Liabilities 323 256 309 323 299
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,284 1,489 1,591 1,892 1,851
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 193 464 487 455 447
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,833 2,244 2,416 2,692 2,623
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 1,422 1,404 1,326 1,265 1,234
Retained Earnings 877 591 479 327 189
Other Equity 17 16 17 24 21
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 2,317 2,012 1,823 1,616 1,445
Total Liabilities & Shareholder's Equity 5,150 4,256 4,239 4,308 4,068
Total Common Equity 2,317 2,012 1,823 1,616 1,445
Shares Outstanding 119.50 118.40 120.70 116.30 115.20
Book Value Per Share 19.39 16.99 15.11 13.90 12.54

Fiscal Year End for Summit Materials, Inc falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents 539 498 1,174 197 230
Receivables 550 455 287 376 371
Notes Receivable 0 0 0 0 0
Inventories 349 339 241 243 246
Other Current Assets 63 54 29 61 60
Total Current Assets 1,501 1,345 1,732 877 906
Net Property & Equipment 4,354 4,417 1,977 1,975 1,980
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 52 113 127
Intangibles 2,261 2,170 1,293 1,310 1,298
Deposits & Other Assets 109 108 59 51 48
Total Assets 8,314 8,130 5,150 4,365 4,395
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable 0 0 0 0 0
Accounts Payable 282 291 124 173 171
Current Portion Long-Term Debt 8 8 4 4 5
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 250 192 172 148 149
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 17 15 15 16 14
Total Current Liabilities 574 522 323 349 347
Mortgages 0 0 0 0 0
Deferred Taxes/Income 189 206 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,771 2,773 2,284 1,488 1,487
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 369 193 185 454
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 3,981 3,911 2,833 2,057 2,322
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2 2 1 1 1
Capital Surplus 3,413 3,403 1,422 1,415 1,409
Retained Earnings 916 810 877 874 644
Other Equity 2 4 17 17 20
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 4,333 4,219 2,317 2,308 2,074
Total Liabilities & Shareholder's Equity 8,314 8,130 5,150 4,365 4,395
Total Common Equity 4,333 4,219 2,317 2,308 2,074
Shares Outstanding 175.50 175.40 119.50 119.10 118.80
Book Value Per Share 24.69 24.05 19.39 19.38 17.46