Overview
Summit
Summit Materials offers customers a single-source provider for construction materials and related downstream products through its vertical integration. The company produces aggregates (a mix of sand, gravel, crushed stone, and other materials), which it sells to customers and uses internally to produce its own cement, ready-mixed concrete, and asphalt paving mix. Summit sells aggregates to customers across the US and British Columbia, Canada. It supplies
...
Read More cement to US states along the Mississippi River, from Minnesota to Louisiana. Primary end uses for Summit's products and services include public infrastructure projects and private residential and nonresidential construction projects.
Read Less
Read More cement to US states along the Mississippi River, from Minnesota to Louisiana. Primary end uses for Summit's products and services include public infrastructure projects and private residential and nonresidential construction projects.
Read Less
Anne P Noonan
See more contacts
Nonmetallic Mineral Mining and Quarrying
,
Highway, Street, and Bridge Construction
,
Other Specialty Trade Contractors
,
Cement rock, crushed and broken-quarrying
,
Bridge, tunnel, and elevated highway construction
See All Industries Wrecking and demolition work
See Fewer Industries
See All Industries Wrecking and demolition work
See Fewer Industries
?
?
?
Modelled
?
Actual
$2.62 billion
Actual
8.58%
5.04%
$5,149
DEC
?
?
NYSE:SUM
Contacts
Get in Touch with 6 Principals* and 160 Contacts
-
Anne P NoonanPresident and Chief Executive Officer
-
Contact 2?
-
Contact 3?
-
Contact 4?
Dynamic search and list-building capabilities
Real-time trigger alerts
Comprehensive company profiles
Valuable research and technology reports
Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2023 (12 month period) in USD
Annual Revenue 2023
$2.62 billion
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net Operating Cash | $439 | $284 | $362 |
| Net Investing Cash | -$420 | $96 | -$91 |
| Net Financing Cash | $634 | -$239 | -$308 |
| Net Change in Cash | $652 | $141 | -$37 |
| Cash at Beginning of Period | $520 | $381 | $418 |
| Cash at End of Period | $1,174 | $520 | $381 |
| Capital Expenditure | -$256 | -$267 | -$212 |
| Assets (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $374 | $520 | $381 |
| Accounts Receivable | $242 | $227 | $244 |
| Inventories | $241 | $212 | $181 |
| Other Current Assets | $874 | $59 | $64 |
| Asset Summary | |||
| Total Current Assets | $1,732 | $1,018 | $870 |
| Tangible Fixed Assets | $2,013 | $1,852 | $1,873 |
| Intangible Assets | $68 | $71 | $69 |
| Total Assets | $5,150 | $4,256 | $4,239 |
| Liabilities (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $124 | $104 | $128 |
| Short-Term Debt | $4 | $5 | $6 |
| Other Current Liabilities | $196 | $147 | $174 |
| Liability Summary | |||
| Total Current Liabilities | $323 | $256 | $309 |
| Long-Term Debt | $2,284 | $1,489 | $1,591 |
| Other Long-Term Liabilities | $152 | $136 | $160 |
| Total Liabilities | $2,833 | $2,244 | $2,416 |
| Stakeholder's Equity (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Equity | |||
| Common Stock | $1 | $1 | $1 |
| Retained Earnings | $877 | $591 | $479 |
| Equity Summary | |||
| Total Equity | $2,307 | $1,999 | $1,814 |
| Shares Outstanding | 119,529,380 | 118,408,655 | 120,723,094 |