Summit Materials

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.
Type
Public
HQ
Denver, US
Founded
2009
Size (employees)
5,000 (est)+17%
Summit Materials was founded in 2009 and is headquartered in Denver, US

Summit Materials Office Locations

Summit Materials has an office in Denver
Denver, US (HQ)
1550 Wynkoop St

Summit Materials Data and Metrics

Summit Materials Financial Metrics

Summit Materials's revenue was reported to be $1.5 b in FY, 2016 which is a 4% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

1.5 b

Revenue growth (FY, 2015 - FY, 2016), %

4%

Gross profit (FY, 2016)

736.6 m

Gross profit margin (FY, 2016), %

49%

Net income (FY, 2016)

46.1 m

EBIT (FY, 2016)

154 m

Market capitalization (26-May-2017)

2.9 b

Closing share price (26-May-2017)

27.3

Cash (31-Dec-2016)

186.4 m
Summit Materials's current market capitalization is $2.9 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

916.2 m1.2 b1.4 b1.5 b

Revenue growth, %

31%19%4%

Cost of goods sold

410.3 m567 m676.5 m751.7 m

Gross profit

505.9 m637.2 m755.8 m736.6 m

Gross profit Margin, %

55%53%53%49%

EBIT

70 m134.6 m154 m

EBIT margin, %

6%9%10%

Net Income

(6.3 m)1.5 m46.1 m
Numbers are in $, USDY, 2014FY, 2015Y, 2016

Cash

13.2 m186.4 m186.4 m

Accounts Receivable

145.5 m162.4 m

Inventories

130.1 m157.7 m

Current Assets

472.5 m483.7 m

PP&E

1.3 b1.4 b

Goodwill

596.4 m782.2 m

Total Assets

2.4 b2.8 b

Accounts Payable

81.4 m81.6 m

Current Liabilities

214.5 m239.3 m

Common Stock

497 k961 k

Additional Paid-in Capital

619 m824.3 m

Total Equity

860 m

Financial Leverage

3.2 x
Numbers are in $, USDFY, 2015FY, 2016

Net Income

1.5 m46.1 m

Accounts Receivable

3.9 m2.5 m

Inventories

4.3 m(10 m)

Accounts Payable

(4.2 m)(5.8 m)

Cash From Operating Activities

98.2 m244.9 m

Purchases of PP&E

(89 m)(153.5 m)

Cash From Investing Activities

(584.3 m)(470.7 m)

Cash From Financing Activities

660.3 m182.7 m
Numbers are in $, USDY, 2016

Revenue/Employee

346.1 k

Financial Leverage

3.2 x

Summit Materials Market Value History

Summit Materials Online and Social Media Presence

Summit Materials Company Life and Culture

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