Earnings Summary

Summit Materials, Inc.’s revenue jumped 84.9% since last year same period to $805.02Mn in the Q1 2024. On a quarterly growth basis, Summit Materials, Inc. has generated 21.95% jump in its revenue since last 3-months.

Summit Materials, Inc.’s net profit fell -114.23% since last year same period to $-66.87Mn in the Q1 2024. On a quarterly growth basis, Summit Materials, Inc. has generated -2345.33% fall in its net profits since last 3-months.

Summit Materials, Inc.’s net profit margin fell -15.87% since last year same period to -8.31% in the Q1 2024. On a quarterly growth basis, Summit Materials, Inc. has generated -1941.23% fall in its net profit margins since last 3-months.

Summit Materials, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 17.13.

Summit Materials, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.61 - a 365.22% jump from last quarter’s estimates.

Summit Materials, Inc.’s earning per share (EPS) estimates for the current year stand at 0.61.

Summit Materials, Inc.’s earning per share (EPS) jumped 53.85% since last year same period to -0.12 in the Q1 2024. This indicates that the Summit Materials, Inc. has generated 53.85% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Summit Materials, Inc.’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Summit Materials, Inc.’s return on equity (ROE) stands at 0.08.