Summit Materials
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 2.3b | 2.4b | 2.4b | 2.6b | 4.1b | 4.4b | 4.6b |
% growth | 5 % | 3 % | - | 9 % | 57 % | 8 % | 3 % |
EBITDA | 453m | 500m | 478m | 739m | 988m | 1.1b | 1.2b |
% EBITDA margin | 19 % | 21 % | 20 % | 28 % | 24 % | 25 % | 26 % |
Profit | 138m | 152m | 272m | 286m | 252m | 380m | 466m |
% profit margin | 6 % | 6 % | 11 % | 11 % | 6 % | 9 % | 10 % |
EV / revenue | 1.6x | 2.5x | 1.8x | 2.5x | 2.2x | 2.0x | 1.9x |
EV / EBITDA | 8.2x | 11.9x | 9.1x | 8.8x | 9.2x | 7.8x | 7.1x |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $367m | POST IPO SECONDARY | |
N/A | $241m | Post IPO Equity | |
N/A | $300m | Post IPO Debt | |
* | N/A | $700m | Post IPO Debt |
* | N/A | $800m | Post IPO Debt |
Total Funding | €3.3m |
Recent News about Summit Materials
EditSummit Materials, Inc. is a leading vertically integrated construction materials company headquartered in Denver, Colorado. The company specializes in producing aggregates and cement, which are essential components for construction projects. Summit Materials serves a diverse range of clients, including construction companies, infrastructure developers, and government agencies. Operating primarily in the North American market, the company leverages its extensive network of quarries, plants, and distribution facilities to deliver high-quality materials efficiently.
Summit Materials operates on a vertically integrated business model, meaning it controls multiple stages of its supply chain—from raw material extraction to production and distribution. This integration allows the company to maintain high standards of quality and cost-effectiveness. Revenue is generated through the sale of construction materials, including aggregates, cement, and ready-mix concrete, as well as through various value-added services.
The company is committed to sustainability and innovation, continually seeking opportunities to develop environmentally friendly practices and solutions. Summit Materials aims to support its clients and suppliers by providing a collaborative system that enhances strategic goals through a one-stop-shop marketplace.
Keywords: aggregates, cement, construction materials, vertically integrated, sustainability, innovation, North America, infrastructure, ready-mix concrete, supply chain.