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 Metrics

Summit Materials Financial Metrics

Revenue (2016)

$1.5 b

Revenue growth (2015-16), %

4%

Gross profit

$736.6 m

Gross profit margin (2016), %

49%

Net income (2016)

$46.1 m

Market capitalization (21-Mar-2017)

$2.5 b

Closing share price (21-Mar-2017)

$23.4

Cash (31-Dec-2016)

$186.4 m
Summit Materials's current market capitalization is $2.5 b.
Summit Materials's revenue was reported to be $1.5 b in FY, 2016 which is a 3.9% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$916.2 m$1.2 b$1.4 b$1.5 b

Revenue growth, %

31%19%4%

Cost of goods sold

$410.3 m$567 m$676.5 m$751.7 m

Gross profit

$505.9 m$637.2 m$755.8 m$736.6 m

Gross profit Margin, %

55%53%53%49%

EBIT

$70 m$134.6 m$154 m

EBIT margin, %

6%9%10%

Net Income

($6.3 m)$1.5 m$46.1 m
Y, 2014FY, 2015Y, 2016

Cash

$13.2 m$186.4 m$186.4 m

Accounts Receivable

$145.5 m$162.4 m

Inventories

$130.1 m$157.7 m

Current Assets

$472.5 m$483.7 m

PP&E

$1.3 b$1.4 b

Goodwill

$596.4 m$782.2 m

Total Assets

$2.4 b$2.8 b

Accounts Payable

$81.4 m$81.6 m

Current Liabilities

$214.5 m$239.3 m

Common Stock

$497 k$961 k

Additional Paid-in Capital

$619 m$824.3 m

Total Equity

$860 m

Financial Leverage

3.2 x
FY, 2015FY, 2016

Net Income

$1.5 m$46.1 m

Accounts Receivable

$3.9 m$2.5 m

Inventories

$4.3 m($10 m)

Accounts Payable

($4.2 m)($5.8 m)

Cash From Operating Activities

$98.2 m$244.9 m

Purchases of PP&E

($89 m)($153.5 m)

Cash From Investing Activities

($584.3 m)($470.7 m)

Summit Materials Market Value History

Summit Materials Online Presence

Summit Materials Company Life

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