Summit Materials Company Leadership
| SUM Stock | USD 52.10 3.70 7.64% |
Summit Materials employs about 5.3 K people. The company is managed by 30 executives with a total tenure of roughly 119 years, averaging almost 3.0 years of service per executive, having 176.67 employees per reported executive. Analysis of Summit Materials' management performance can provide insight into the firm performance.
| Thomas Hill CEO President, Chief Executive Officer, Director |
| Howard Lance Chairman Independent Chairman of the Board |
Summit |
Summit Materials' Workforce Through the Years
Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Summit Materials' future performance. Based on our forecasts, it is anticipated that Summit will maintain a workforce of about 5300 employees by December 2024.Summit Materials Management Team Effectiveness
The company has Return on Asset of 0.0464 % which means that on every $100 spent on assets, it made $0.0464 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0436 %, implying that it generated $0.0436 on every 100 dollars invested. Summit Materials' management efficiency ratios could be used to measure how well Summit Materials manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Summit Materials' Return On Tangible Assets are very stable compared to the past year. As of the 21st of November 2024, Return On Assets is likely to grow to 0.06, while Return On Capital Employed is likely to drop 0.04. At this time, Summit Materials' Asset Turnover is very stable compared to the past year.As of the 21st of November 2024, Net Income Applicable To Common Shares is likely to grow to about 328.6 M, while Common Stock Shares Outstanding is likely to drop about 91.5 M.
Summit Materials Workforce Comparison
Summit Materials is rated fifth in number of employees category among its peers. The total workforce of Materials industry is at this time estimated at about 115,575. Summit Materials holds roughly 5,300 in number of employees claiming about 5% of all equities under Materials industry.
Summit Materials Profit Margins
The company has Net Profit Margin of 0.04 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.17 %, which entails that for every 100 dollars of revenue, it generated $0.17 of operating income.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.22 | 0.24 |
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Summit Materials Insider Trading History
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Summit Materials insiders, such as employees or executives, is commonly permitted as long as it does not rely on Summit Materials' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Summit Materials insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
| Buy/Sell Ratio | # Purchases Trades | # Sales Trades | Total Shares Purchased | Total Shares Sold | |
|---|---|---|---|---|---|
| 2024-06-01 | 0.3333 | 1 | 3 | 50,589 | 101,178 |
| 2024-03-01 | 0.9661 | 57 | 59 | 485,229 | 322,455 |
| 2023-09-01 | 0.6667 | 4 | 6 | 81,001 | 93,095 |
| 2023-03-01 | 1.3913 | 32 | 23 | 296,981 | 148,816 |
| 2022-09-01 | 0.4 | 4 | 10 | 57,000 | 69,522 |
| 2022-06-01 | 0.5 | 1 | 2 | 4,054 | 12,158 |
| 2022-03-01 | 1.4 | 28 | 20 | 250,853 | 117,858 |
| 2021-12-01 | 0.25 | 1 | 4 | 5,000 | 15,681 |
| 2021-09-01 | 0.5833 | 7 | 12 | 68,314 | 69,562 |
| 2021-06-01 | 0.5 | 3 | 6 | 176,554 | 510,000 |
| 2021-03-01 | 0.9286 | 26 | 28 | 243,127 | 212,830 |
| 2020-12-01 | 1.0 | 3 | 3 | 13,350 | 16,500 |
| 2020-09-01 | 5.0 | 5 | 1 | 287,058 | 63,866 |
| 2020-06-01 | 0.5 | 1 | 2 | 200,000 | 206,593 |
| 2020-03-01 | 1.5 | 36 | 24 | 362,955 | 206,397 |
| 2019-12-01 | 0.6875 | 11 | 16 | 897,577 | 869,100 |
| 2019-09-01 | 1.0 | 2 | 2 | 10,274 | 10,274 |
| 2019-03-01 | 1.0789 | 41 | 38 | 464,717 | 160,856 |
| 2018-09-01 | 1.0 | 4 | 4 | 45,774 | 25,000 |
| 2018-06-01 | 0.0769 | 1 | 13 | 75,000 | 150,000 |
| 2018-03-01 | 0.6176 | 42 | 68 | 797,977 | 1,226,580 |
| 2017-12-01 | 0.3333 | 8 | 24 | 297,723 | 514,165 |
| 2017-09-01 | 0.4103 | 16 | 39 | 714,745 | 1,344,779 |
| 2017-06-01 | 0.3226 | 10 | 31 | 327,902 | 649,667 |
| 2017-03-01 | 1.2368 | 47 | 38 | 563,235 | 305,848 |
| 2016-12-01 | 0.561 | 23 | 41 | 34,956,693 | 4,156,502 |
| 2016-09-01 | 0.6757 | 25 | 37 | 24,800,231 | 25,187,556 |
| 2016-06-01 | 0.5106 | 24 | 47 | 19,587,025 | 20,554,094 |
| 2016-03-01 | 11.5 | 23 | 2 | 358,273 | 42,389 |
| 2015-09-01 | 0.0556 | 1 | 18 | 1,098 | 35,275,610 |
| 2015-03-01 | 1.7143 | 36 | 21 | 9,863,211 | 5,122,589 |
Summit Materials Notable Stakeholders
A Summit Materials stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Summit Materials often face trade-offs trying to please all of them. Summit Materials' stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Summit Materials' stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| Thomas Hill | President, Chief Executive Officer, Director | Profile | |
| Anne Noonan | President, Chief Executive Officer, Director | Profile | |
| Howard Lance | Independent Chairman of the Board | Profile | |
| Michael Brady | Executive Vice President, Chief Business Development Officer | Profile | |
| Thomas Beck | Executive Vice President and Cement Division President | Profile | |
| Anne Benedict | Executive Vice President Chief Legal Officer, Secretary | Profile | |
| Karli Anderson | Executive Vice President, Chief Environmental, Social and Governance Officer, Head - Investor Relations | Profile | |
| Deon MacMillan | Executive Vice President, Chief People Officer, Head of Corporate Communications | Profile | |
| Brian Harris | Chief Financial Officer, Executive Vice President | Profile | |
| Andy Larkin | Investor President | Profile | |
| Scott Anderson | Executive CFO | Profile | |
| Marshall Moore | Executive COO | Profile | |
| David Loomes | Executive VPCement | Profile | |
| Susan Ellerbusch | Independent Director | Profile | |
| Anne Wade | Independent Director | Profile | |
| Joseph Cantie | Independent Director | Profile | |
| Steven Wunning | Independent Director | Profile | |
| Anne Cooney | Independent Director | Profile | |
| John Murphy | Independent Director | Profile | |
| Christopher JD | Chief VP | Profile | |
| Brian Frantz | Treasurer VP | Profile | |
| Tamla Forney | Independent Director | Profile | |
| Tamla OatesForney | Independent Director | Profile | |
| Trent Musso | Senior Development | Profile | |
| Jason Kilgore | Executive Segment | Profile | |
| Chris Gaskill | Executive Vice President Chief Legal Officer, Company Secretary | Profile | |
| Christopher Gaskill | Executive Vice President Chief Legal Officer, Secretary | Profile | |
| Julio DaSilva | Chief Officer | Profile | |
| Charles DePriest | Executive Segment | Profile | |
| Kekin Ghelani | Executive Officer | Profile |
About Summit Materials Management Performance
The success or failure of an entity such as Summit Materials often depends on how effective the management is. Summit Materials management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Summit management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Summit management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.08 | |
| Return On Capital Employed | 0.06 | 0.04 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.12 | 0.13 |
Summit Materials Workforce Analysis
Traditionally, organizations such as Summit Materials use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Summit Materials within its industry.Summit Materials Manpower Efficiency
Return on Summit Materials Manpower
| Revenue Per Employee | 494.2K | |
| Revenue Per Executive | 87.3M | |
| Net Income Per Employee | 53.9K | |
| Net Income Per Executive | 9.5M | |
| Working Capital Per Employee | 265.9K | |
| Working Capital Per Executive | 47M |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Materials. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Earnings Share 0.85 | Revenue Per Share 23.53 | Quarterly Revenue Growth 0.474 | Return On Assets 0.0464 |
The market value of Summit Materials is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Materials' value that differs from its market value or its book value, called intrinsic value, which is Summit Materials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Materials' market value can be influenced by many factors that don't directly affect Summit Materials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Materials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.