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Summit Materials revenue
Summit Materials's revenue is $2.6 billion.
What is Summit Materials's revenue?
- Summit Materials's revenue growth from 2014 to 2023 is 117.52%.
- Summit Materials has 6,000 employees, and the revenue per employee ratio is $436,578.
- Summit Materials's peak quarterly revenue was $1.1B in 2024(q2).
- Summit Materials peak revenue was $2.6B in 2023.
- Summit Materials annual revenue for 2022 was 2.4B, 0.12% growth from 2021.
- Summit Materials annual revenue for 2023 was 2.6B, 8.58% growth from 2022.
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Summit Materials historical revenue
Summit Materials's peak revenue was $2.6B in 2023. The peak quarterly revenue was $1.1B in 2024(q2).
Summit Materials's revenue increased from $1.2b in 2014 to $2.6B currently. That's a 117.52% change in annual revenue.
Summit Materials annual revenue
Summit Materials annual revenue over time
| Fiscal year / year | Summit Materials revenue |
|---|---|
| 2014 | $1.2B |
| 2015 | $1.4B |
| 2016 | $1.6B |
| 2017 | $1.9B |
| 2018 | $2.1B |
| 2019 | $2.2B |
| 2020 | $2.3B |
| 2021 | $2.4B |
| 2022 | $2.4B |
| 2023 | $2.6B |
How accurately did Summit Materials' revenue projections match actual performance?
Summit Materials annual growth
Summit Materials saw the greatest revenue growth in 2015, when revenue increased by 18.94%.
Summit Materials had the lowest revenue growth in 2022, when revenue changed by 0.12%.
Summit Materials annual growth rate over time
| Year | Summit Materials growth |
|---|---|
| 2015 | 19%↑ |
| 2016 | 14%↑ |
| 2017 | 19%↑ |
| 2018 | 9%↑ |
| 2019 | 6%↑ |
| 2020 | 5%↑ |
| 2021 | 3%↑ |
| 2022 | 0%↑ |
| 2023 | 9%↑ |
Summit Materials quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Summit Materials quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2014 | - | - | - | $334.1M |
| 2015 | $194.0M | $364.9M | $471.9M | $401.5M |
| 2016 | $228.4M | $445.3M | $529.4M | $423.0M |
| 2017 | $284.3M | $524.1M | $634.2M | $490.0M |
| 2018 | $314.4M | $600.9M | $694.7M | $491.0M |
| 2019 | $332.6M | $600.9M | $732.1M | $556.5M |
| 2020 | $367.2M | $631.0M | $709.6M | $624.6M |
| 2021 | $427.8M | $667.9M | $717.2M | $596.7M |
| 2022 | $420.9M | $686.6M | $752.7M | $552.3M |
| 2023 | $435.4M | $729.2M | $796.5M | $660.0M |
| 2024 | $805.0M | $1.1B | $1.1B | - |
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Is Summit Materials transparent about its revenue structure?
Summit Materials financial information
| Industry | Construction Materials |
| Company Type | Public |
| Employees Number | 6,000 |
| Date Founded | 2009 |
| Headquarters | Denver, Colorado |
| Number of Locations | 113 |
| Revenue | $2.6B |
| Net Income | $275,943,000 |
| Gross Proft | $757.1M (2023) |
| EBITDA | $722.4M (2023) |
| PE Ratio | 5.66 |
| Tax Rate | 0.3% |
| Market Capitalization | $1.6B |
| Total Assets | $4,255,692,000 |
| Ticker | SUM |
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Summit Materials financing
Summit Materials received early financing of $3.6M on 2014-04-11.
| Series | Round size | Date |
|---|---|---|
| Series Unknown | $3.6M | 04/2014 |
| Post Ipo Equity | $577.4M | 08/2015 |
| Post Ipo Debt | $250M | 02/2016 |
| Post Ipo Secondary | $367.2M | 09/2016 |
| Post Ipo Equity | $240.5M | 01/2017 |
| Post Ipo Debt | $300M | 02/2019 |
| Post Ipo Debt | $700M | 07/2020 |
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Zippia gives an in-depth look into the details of Summit Materials, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Summit Materials. The employee data is based on information from people who have self-reported their past or current employments at Summit Materials. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Summit Materials. The data presented on this page does not represent the view of Summit Materials and its employees or that of Zippia.
Summit Materials may also be known as or be related to Summit Materials, Summit Materials Inc, Summit Materials Intermediate Holdings, LLC, Summit Materials LLC and Summit Materials, Inc.