Summit Payout Ratio from 2010 to 2024
| SUM Stock | USD 51.09 0.24 0.47% |
Payout Ratio | First Reported 2010-12-31 | Previous Quarter 0.002865 | Current Value 0.002722 | Quarterly Volatility 0.51255606 |
Check Summit Materials financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Materials' main balance sheet or income statement drivers, such as Depreciation And Amortization of 175 M, Interest Expense of 99 M or Selling General Administrative of 224.9 M, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 2.0E-4 or PTB Ratio of 1.42. Summit financial statements analysis is a perfect complement when working with Summit Materials Valuation or Volatility modules.
Summit | Payout Ratio |
Latest Summit Materials' Payout Ratio Growth Pattern
Below is the plot of the Payout Ratio of Summit Materials over the last few years. Payout Ratio is the proportion of Summit Materials earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Summit Materials dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Summit Materials is paying out more in dividends than it makes in net income. It is Summit Materials' Payout Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit Materials' overall financial position and show how it may be relating to other accounts over time.
| Payout Ratio | 10 Years Trend |
|
Payout Ratio |
| Timeline |
Summit Payout Ratio Regression Statistics
| Arithmetic Mean | 0.44 | |
| Geometric Mean | 0.03 | |
| Coefficient Of Variation | 116.64 | |
| Mean Deviation | 0.48 | |
| Median | 0 | |
| Standard Deviation | 0.51 | |
| Sample Variance | 0.26 | |
| Range | 1.0351 | |
| R-Value | (0.88) | |
| Mean Square Error | 0.06 | |
| R-Squared | 0.78 | |
| Significance | 0.000014 | |
| Slope | (0.10) | |
| Total Sum of Squares | 3.68 |
Summit Payout Ratio History
Other Fundumenentals of Summit Materials
Summit Materials Payout Ratio component correlations
Click cells to compare fundamentals
About Summit Materials Financial Statements
Summit Materials investors utilize fundamental indicators, such as Payout Ratio, to predict how Summit Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out the analysis of Summit Materials Correlation against competitors. To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.