Summit Materials (SUM) Revenue & Revenue Breakdown
Summit Materials Revenue Highlights
Latest Revenue (Y)
$2.62B
Latest Revenue (Q)
$1.12B
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 |
|---|---|---|
| 2024-06-29 | $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 $1.12B in revenue during Q2 2024, up 38.91% compared to the previous quarter, and up 256.84% 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 |
|---|---|---|---|---|---|
| Other Products Or Services | $224.88M | $222.55M | $204.01M | $177.97M | $187.63M |
| Paving And Related Services | $318.72M | $315.06M | $337.31M | $381.43M | $360.23M |
| 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 |
| 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 | 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 | Dec 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Paving And Related Services | $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 | $91.42M |
| Cement | $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 | $61.44M |
| Other Products Or Services | $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 | $38.90M |
| Aggregates | $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 | $93.06M |
| Asphalt | $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 | $69.58M |
| Ready Mixed Concrete | $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 | $136.62M |
| 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 | - | - |
| 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 | - | - |
Summit Materials's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Ready Mixed Concrete (38.76%), Cement (27.84%), Aggregates (18.08%), Other Products Or Services (6.76%), Paving And Related Services (5.08%), and Asphalt (3.48%).
Summit Materials Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Jan 22 | Jan 21 | Dec 19 |
|---|---|---|---|---|---|
| East | $650.21M | $664.48M | $849.37M | $799.63M | $809.10M |
| West | $1.59B | $1.39B | $1.26B | $1.26B | $1.12B |
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 | 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 | Dec 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| East | $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 | $177.88M |
| West | $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 | $245.73M |
Summit Materials's latest quarterly revenue breakdown by geography, as of Mar 24: West (53.13%), and East (46.87%).
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 Company | $7.78B | $2.01B |
| MLM | Martin Marietta Materials | $6.78B | $1.76B |
| JHX | James Hardie Industries | $3.94B | $1.00B |
| SUM | Summit Materials | $2.62B | $1.12B |
| EXP | Eagle Materials | $2.26B | $608.69M |
| CPAC | Cementos Pacasmayo S.A.A. | $1.95B | $476.55M |
| USLM | United States Lime & Minerals | $281.33M | $76.55M |
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 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). The company'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). SUM's quarterly revenue for Q4 2023 was $660.13M, a -16.94% decrease from the previous quarter (Q3 2023), and a 19.53% increase year-over-year (Q4 2022).
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 Other Products Or Services, Paving And Related Services, Cement, Asphalt, Aggregates, and Ready Mixed Concrete. Other Products Or Services generated $224.88M in revenue, accounting 8.58% of the company's total revenue, up 1.04% 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. 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. 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.