Summit Materials Inc (N:SUM)
Business Focus: Construction Materials
| Sector: Basic Materials | Industry: Construction Materials |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1550 WYNKOOP STREET, 3RD FLOOR DENVER CO 80202 |
| Tel: | N/A |
| Website: | https://summit-materials.com |
| IR: | See website |
| Key People | ||
| Anne P. Noonan President, Chief Executive Officer, Director | Kekin M. Ghelani Chief Strategy and Growth Officer | C. Scott Anderson Chief Financial Officer, Executive Vice President |
| Marshall D. Moore Chief Operating Officer, Executive Vice President | Karli S. Anderson Executive Vice President, Chief People and ESG Officer, Head - Communications | Christopher B. Gaskill Executive Vice President, Chief Legal Officer, Secretary |
| Charles Depriest Executive Vice President - East Segment Construction Materials | Jason Kilgore Executive Vice President - West Segment Construction Materials | David Loomes Executive Vice President - Cement | Brian D. Frantz Senior Vice President, Chief Accounting Officer, Treasurer |
| Business Overview |
| Summit Materials, Inc. is a producer of aggregates and cement with vertically integrated operations that supply ready-mix concrete and asphalt in select markets. The Company's West segment consists of its West and South regions, and includes operations in Texas, Utah, Arizona, Colorado, Idaho, Wyoming, Oklahoma, Arkansas and British Columbia, Canada. The West segment supplies aggregates, ready-mix concrete, asphalt paving mix and paving and related services. Its East segment consists of its East and Central regions and serves markets extending across the Midwestern and Eastern United States, notably in Kansas, Missouri, Virginia, Florida, North Carolina, South Carolina, Georgia, and Nebraska where it supplies aggregates, ready-mix concrete, asphalt paving mix and paving and related services. Its Cement segment consists of its Hannibal, Missouri and Davenport, Iowa cement plants and nine distribution terminals along the Mississippi River from Minnesota to Louisiana. |
| Financial Overview |
| For the 13 weeks ended 30 March 2024, Summit Materials Inc revenues increased 85% to $805M. Net loss increased from $30.8M to $66.9M. Revenues reflect Cement segment increase from $54.1M to $231.8M, East segment increase from $130.4M to $268.7M. Higher net loss reflects Depreciation, Depletion, Amortization increase of 89% to $96M (expense), Interest Expense - Balancing value increase of 88% to $51.2M (expense). |
| Employees: | 5,300 as of Dec 30, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $9,362M as of Mar 30, 2024 |
| Annual revenue (TTM): | $2,989M as of Mar 30, 2024 |
| EBITDA (TTM): | $618.96M as of Mar 30, 2024 |
| Net annual income (TTM): | $249.79M as of Mar 30, 2024 |
| Free cash flow (TTM): | $126.33M as of Mar 30, 2024 |
| Net Debt Last Fiscal Year: | $2,319M as of Mar 30, 2024 |
| Shares outstanding: | 175,464,775 as of Apr 29, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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