Summit Materials Inc
NYSE:SUM

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Summit Materials Inc
NYSE:SUM
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Price: 50.9 USD 0.1%
Market Cap: 8.9B USD
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Gross Margin
Summit Materials Inc

29.8%
Current
28%
Average
17.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
29.8%
=
Gross Profit
1.1B
/
Revenue
3.8B

Gross Margin Across Competitors

Country US
Market Cap 9B USD
Gross Margin
30%
Country IE
Market Cap 69.9B USD
Gross Margin
35%
Country CH
Market Cap 49.3B CHF
Gross Margin
43%
Country US
Market Cap 38.1B USD
Gross Margin
26%
Country IN
Market Cap 3.2T INR
Gross Margin
58%
Country US
Market Cap 36.5B USD
Gross Margin
29%
Country DE
Market Cap 21.2B EUR
Gross Margin
0%
Country IN
Market Cap 1.8T INR
Gross Margin
64%
Country CN
Market Cap 132.5B CNY
Gross Margin
15%
Country IE
Market Cap 24.3B AUD
Gross Margin
41%
Country IN
Market Cap 1.3T INR
Gross Margin
59%
No Stocks Found

Summit Materials Inc
Glance View

Market Cap
8.9B USD
Industry
Construction

Summit Materials Inc. has established itself as a prominent player in the construction materials sector, primarily concentrating on aggregates, concrete, and asphalt. Founded in 2009, the company has experienced rapid growth through a combination of strategic acquisitions and organic expansion. With a strong presence in the United States and Canada, Summit focuses on serving the infrastructure, commercial, and residential construction markets. Investors will appreciate Summit's commitment to delivering essential building materials that support various construction projects, from roads and bridges to housing developments, thereby positioning itself as a vital contributor to economic growth and urbanization trends. What sets Summit apart is its disciplined approach to capital allocation and operational efficiency, mirroring the philosophies of legendary investors like Warren Buffett and Charlie Munger. The company leverages its extensive geographic footprint and vertically integrated operations to optimize its supply chain and mitigate fluctuations in raw material costs. Moreover, Summit is strategically focused on sustainability, embracing innovative practices that reduce environmental impact while improving profitability. This ensures that Summit is not only a solid investment opportunity in the current landscape but also positions itself for future growth as infrastructure spending continues to rise and demand for sustainable practices becomes paramount in construction. As such, it appeals to investors seeking value and long-term growth potential in a fundamentally essential industry.

SUM Intrinsic Value
44.3 USD
Overvaluation 13%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
29.8%
=
Gross Profit
1.1B
/
Revenue
3.8B
What is the Gross Margin of Summit Materials Inc?

Based on Summit Materials Inc's most recent financial statements, the company has Gross Margin of 29.8%.