Summit Materials (SUM) Revenue & Revenue Breakdown

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Summit Materials Revenue Highlights

Latest Revenue (Y)

$2.62B

Latest Revenue (Q)

$1.11B

Main Segment (Y)

Ready Mixed Concrete

Main Geography (Y)

West

Summit Materials Revenue by Period

Summit Materials Revenue by Year

Date	Revenue	Change
2023-12-30	$2.62B	8.58%
2022-12-31	$2.41B	0.12%
2022-01-01	$2.41B	3.31%
2021-01-02	$2.33B	4.96%
2019-12-28	$2.22B	5.77%
2018-12-29	$2.10B	8.72%
2017-12-30	$1.93B	18.85%
2016-12-31	$1.63B	13.53%
2016-01-02	$1.43B	18.94%
2014-12-31	$1.20B	31.44%
2013-12-31	$916.20M	-1.09%
2012-12-31	$926.25M	17.38%
2011-12-31	$789.08M	-

Summit Materials generated $2.62B in revenue during NA 2023, up 8.58% compared to the previous quarter, and up 124.68% compared to the same period a year ago.

Summit Materials Revenue by Quarter

Date	Revenue	Change
2024-09-28	$1.11B	-0.57%
2024-06-29	$1.12B	38.91%
2024-03-30	$805.01M	21.95%
2023-12-30	$660.13M	-16.94%
2023-09-30	$794.80M	9.00%
2023-07-01	$729.15M	67.47%
2023-04-01	$435.39M	-21.16%
2022-12-31	$552.27M	-26.63%
2022-10-01	$752.75M	9.64%
2022-07-02	$686.55M	63.10%
2022-04-02	$420.95M	-29.45%
2022-01-01	$596.67M	-16.81%
2021-10-02	$717.24M	7.38%
2021-07-03	$667.92M	56.11%
2021-04-03	$427.84M	-31.50%
2021-01-02	$624.63M	-11.98%
2020-09-26	$709.62M	12.46%
2020-06-27	$631.01M	71.85%
2020-03-28	$367.19M	-34.02%
2019-12-28	$556.53M	-23.98%
2019-09-28	$732.08M	21.83%
2019-06-29	$600.89M	80.64%
2019-03-30	$332.64M	-32.26%
2018-12-29	$491.03M	-29.31%
2018-09-29	$694.66M	15.61%
2018-06-30	$600.89M	91.11%
2018-03-31	$314.42M	-35.84%
2017-12-30	$490.02M	-22.73%
2017-09-30	$634.18M	21.01%
2017-07-01	$524.09M	84.36%
2017-04-01	$284.28M	-32.79%
2016-12-31	$422.97M	-20.11%
2016-10-01	$529.44M	18.90%
2016-07-02	$445.27M	94.97%
2016-04-02	$228.38M	-43.12%
2016-01-02	$401.50M	-14.92%
2015-09-26	$471.90M	29.32%
2015-06-27	$364.90M	88.11%
2015-03-31	$193.99M	-41.94%
2014-12-31	$334.09M	-15.37%
2014-09-30	$394.76M	21.73%
2014-06-30	$324.30M	114.64%
2014-03-31	$151.09M	-36.59%
2013-12-31	$238.27M	-

Summit Materials generated $1.11B in revenue during Q3 2024, up -0.57% compared to the previous quarter, and up 152.49% compared to the same period a year ago.

Summit Materials Revenue Breakdown

Summit Materials Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Jan 22	Jan 21	Dec 19
Cement	$355.79M	$332.52M	$282.08M	$257.63M	$266.24M
Asphalt	$312.38M	$270.44M	$311.05M	$349.35M	$330.75M
Aggregates	$663.55M	$583.99M	$573.16M	$498.01M	$469.67M
Paving And Related Services	$318.72M	$315.06M	$337.31M	$381.43M	$360.23M
Other Products Or Services	$224.88M	$222.55M	$204.01M	$177.97M	$187.63M
Ready Mixed Concrete	$744.15M	$687.95M	$702.06M	$668.06M	$607.62M
Product	-	$1.93B	$1.92B	$1.82B	$1.72B
Service	-	$288.55M	$309.41M	$310.07M	$306.19M
Shipping and Handling	-	$190.44M	$176.97M	$197.70M	$191.49M
Excluding Shipping And Handling	-	$2.22B	$2.23B	$2.13B	$2.03B

Summit Materials's latest annual revenue breakdown by segment (product or service), as of Dec 23: Ready Mixed Concrete (28.41%), Aggregates (25.33%), Cement (13.58%), Paving And Related Services (12.17%), Asphalt (11.93%), and Other Products Or Services (8.58%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jul 23	Apr 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Paving And Related Services	$113.28M	$40.92M	$91.79M	$110.37M	$89.37M	$27.18M	$120.33M	$98.61M	$30.61M	$79.34M	$112.67M	$102.08M	$43.22M	$136.19M	$110.83M	$33.43M	$92.50M	$138.08M	$95.30M	$34.34M
Cement	$304.95M	$224.10M	$88.03M	$115.14M	$103.61M	$49.01M	$112.49M	$86.81M	$42.55M	$74.13M	$87.64M	$82.17M	$38.14M	$82.70M	$73.29M	$32.86M	$63.45M	$92.48M	$77.80M	$32.50M
Asphalt	$115.54M	$27.98M	$76.04M	$117.90M	$91.81M	$26.64M	$106.80M	$94.14M	$17.14M	$72.37M	$116.36M	$93.94M	$28.38M	$128.13M	$104.66M	$23.21M	$76.59M	$137.75M	$93.36M	$23.04M
Ready Mixed Concrete	$375.99M	$312.05M	$192.48M	$213.32M	$199.57M	$138.78M	$189.08M	$183.36M	$157.56M	$176.85M	$183.11M	$183.86M	$158.23M	$179.12M	$167.88M	$141.70M	$163.36M	$172.76M	$154.18M	$117.32M
Aggregates	$192.31M	$145.51M	$157.57M	$179.82M	$182.51M	$143.65M	$163.52M	$161.48M	$123.39M	$141.96M	$160.32M	$153.50M	$117.39M	$136.40M	$129.99M	$96.16M	$115.62M	$137.53M	$128.65M	$87.87M
Other Products Or Services	$69.06M	$54.45M	$54.22M	$58.25M	$62.28M	$50.13M	$60.52M	$62.15M	$49.69M	$52.01M	$57.13M	$52.38M	$42.49M	$47.09M	$44.35M	$39.83M	$44.99M	$53.48M	$51.59M	$37.56M
Shipping and Handling	-	-	-	-	$48.78M	$28.12M	$66.74M	$54.64M	$28.45M	$43.24M	$54.98M	$49.39M	$29.36M	$64.37M	$55.77M	$24.78M	$50.27M	$66.23M	$48.30M	-
Product	-	-	-	-	$595.71M	$372.17M	$587.14M	$542.94M	$355.67M	$479.31M	$561.94M	$527.80M	$354.23M	$540.90M	$488.26M	$305.31M	$430.46M	$554.72M	$467.64M	-
Excluding Shipping And Handling	-	-	-	-	$680.37M	$407.27M	$686.01M	$631.92M	$392.50M	$553.43M	$662.26M	$618.53M	$398.48M	$645.25M	$575.24M	$342.41M	$506.26M	$665.85M	$552.59M	-
Service	-	-	-	-	$84.66M	$35.10M	$98.87M	$88.98M	$36.83M	$74.11M	$100.32M	$90.73M	$44.25M	$104.34M	$86.98M	$37.10M	$75.80M	$111.13M	$84.95M	-

Summit Materials's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Ready Mixed Concrete (32.11%), Cement (26.04%), Aggregates (16.42%), Asphalt (9.87%), Paving And Related Services (9.67%), and Other Products Or Services (5.90%).

Summit Materials Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Jan 22	Jan 21	Dec 19
West	$1.59B	$1.39B	$1.26B	$1.26B	$1.12B
East	$650.21M	$664.48M	$849.37M	$799.63M	$809.10M

Summit Materials's latest annual revenue breakdown by geography, as of Dec 23: West (70.93%), and East (29.07%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jul 23	Apr 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
West	$539.07M	$304.54M	$408.35M	$496.64M	$430.74M	$250.88M	$439.41M	$383.75M	$252.23M	$303.71M	$369.25M	$337.97M	$251.13M	$390.31M	$332.48M	$196.22M	$273.68M	$366.50M	$300.21M	$181.94M
East	$308.84M	$268.69M	$156.44M	$176.84M	$186.54M	$130.39M	$193.42M	$209.15M	$122.49M	$213.72M	$255.49M	$244.13M	$136.04M	$234.44M	$222.87M	$133.04M	$212.99M	$266.59M	$216.13M	$113.39M

Summit Materials's latest quarterly revenue breakdown by geography, as of Sep 24: West (63.58%), and East (36.42%).

Summit Materials Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LOMA	Loma Negra Compañía Industrial Argentina Sociedad Anónima	$1.16T	$114.85B
CRH	CRH	$34.95B	$9.65B
VMC	Vulcan Materials	$7.78B	$2.00B
MLM	Martin Marietta Materials	$6.78B	$1.89B
JHX	James Hardie Industries	$3.94B	$1.00B
SUM	Summit Materials	$2.62B	$1.11B
EXP	Eagle Materials	$2.26B	$623.62M
CPAC	Cementos Pacasmayo S.A.A.	$1.95B	$476.55M
USLM	United States Lime & Minerals	$281.33M	$89.43M

SUM Revenue FAQ

What is Summit Materials’s yearly revenue?

Summit Materials's yearly revenue for 2023 was $2.62B, representing an increase of 8.58% compared to 2022. The company's yearly revenue for 2022 was $2.41B, representing an increase of 0.12% compared to 2021. SUM's yearly revenue for 2021 was $2.41B, representing an increase of 3.31% compared to 2020.

What is Summit Materials’s quarterly revenue?

Summit Materials's quarterly revenue for Q3 2024 was $1.11B, a -0.57% decrease from the previous quarter (Q2 2024), and a 39.89% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.12B, a 38.91% increase from the previous quarter (Q1 2024), and a 53.37% increase year-over-year (Q2 2023). SUM's quarterly revenue for Q1 2024 was $805.02M, a 21.95% increase from the previous quarter (Q4 2023), and a 84.90% increase year-over-year (Q1 2023).

What is Summit Materials’s revenue growth rate?

Summit Materials's revenue growth rate for the last 3 years (2021-2023) was 8.71%, and for the last 5 years (2019-2023) was 17.88%.

What are Summit Materials’s revenue streams?

Summit Materials's revenue streams in c 23 are Cement, Asphalt, Aggregates, Paving And Related Services, Other Products Or Services, and Ready Mixed Concrete. Cement generated $355.79M in revenue, accounting 13.58% of the company's total revenue, up 7.00% year-over-year. Asphalt generated $312.38M in revenue, accounting 11.93% of the company's total revenue, up 15.51% year-over-year. Aggregates generated $663.55M in revenue, accounting 25.33% of the company's total revenue, up 13.62% year-over-year. Paving And Related Services generated $318.72M in revenue, accounting 12.17% of the company's total revenue, up 1.16% year-over-year. Other Products Or Services generated $224.88M in revenue, accounting 8.58% of the company's total revenue, up 1.04% year-over-year. Ready Mixed Concrete generated $744.15M in revenue, accounting 28.41% of the company's total revenue, up 8.17% year-over-year.

What is Summit Materials’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Summit Materials was Ready Mixed Concrete. This segment made a revenue of $744.15M, representing 28.41% of the company's total revenue.