Summit Total Operating Expenses from 2010 to 2024

SUM Stock  USD 51.16  2.76  5.70%   
Summit Materials Total Operating Expenses yearly trend continues to be very stable with very little volatility. Total Operating Expenses is likely to grow to about 378.2 M this year. Total Operating Expenses is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. View All Fundamentals
 
Total Operating Expenses  
First Reported
2013-03-31
Previous Quarter
83.9 M
Current Value
78.9 M
Quarterly Volatility
33.1 M
 
Yuan Drop
 
Covid
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.
  
Check 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.

Latest Summit Materials' Total Operating Expenses Growth Pattern

Below is the plot of the Total Operating Expenses of Summit Materials over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. Summit Materials' Total Operating Expenses 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.
Total Operating Expenses10 Years Trend
Slightly volatile
   Total Operating Expenses   
       Timeline  

Summit Total Operating Expenses Regression Statistics

Arithmetic Mean334,283,338
Geometric Mean310,875,591
Coefficient Of Variation37.17
Mean Deviation110,192,049
Median378,207,077
Standard Deviation124,262,718
Sample Variance15441.2T
Range364.5M
R-Value0.62
Mean Square Error10282.3T
R-Squared0.38
Significance0.01
Slope17,165,859
Total Sum of Squares216177.1T

Summit Total Operating Expenses History

2024378.2 M
2023210.4 M
2022390.7 M
2021426.1 M
2020530.9 M
2019482.2 M
2018462.8 M

About Summit Materials Financial Statements

Summit Materials investors utilize fundamental indicators, such as Total Operating Expenses, 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 ReportedProjected for Next Year
Total Operating Expenses210.4 M378.2 M

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When determining whether Summit Materials is a strong investment it is important to analyze Summit Materials' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Summit Materials' future performance. For an informed investment choice regarding Summit Stock, refer to the following important reports:
Check 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.