Summit Materials ROE 2024

Summit Materials Aktienanalyse

What does Summit Materials do?

Summit Materials Inc is a construction materials supplier that was founded in 2009. The company, headquartered in Denver, Colorado, has become one of the leading building products and services companies in the USA. Summit Materials has focused its business strategy on organic growth and acquisitions, continuously expanding its portfolio. Among its subsidiaries are companies such as Continental Cement, Westroc, and Duit Construction Company. The company's main activities include the supply of concrete products, asphalt, aggregates, cement, sand, gravel, and other materials essential to the construction industry. Their offerings target a variety of customers from various sectors, including commercial customers, road and bridge construction companies, as well as private and public contractors. To meet customer demands in the construction industry, Summit Materials operates various business divisions, including concrete, asphalt, aggregates, and cement. Another business division is construction materials production, run by Summit Materials subsidiaries. Some of the products produced or sold by Summit Materials and its subsidiaries include: - Concrete: The various types of concrete products offered by Summit Materials include standard, colored, and decorative concrete floors, walls, and ceilings. - Asphalt: Summit Materials' asphalt is high-quality and meets the demanding requirements of different industries. They provide asphalt mixtures for road and bridge construction projects. - Aggregates: Summit Materials offers various aggregates for construction projects, including sand, gravel, and rock. These products are used for various applications in the construction industry, including road and bridge construction. - Cement: Summit Materials produces and supplies different types of cement for construction projects. The company aims to provide innovative and high-performance cements for use in various areas. In addition to the aforementioned products, the company also provides services ranging from project development and planning to the import and export of construction products. Overall, Summit Materials is an outstanding brand in the US hardware market. Through acquisitions of subsidiaries and organic growth in various business divisions, the company has become a key player for other construction companies. Their offering of high-quality construction products and services has allowed them to attract a large number of customers and business partners. The brand has experienced rapid growth in recent years and will continue expanding into new markets and business areas. Summit Materials ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Summit Materials's Return on Equity (ROE)

Summit Materials's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Summit Materials's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Summit Materials's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Summit Materials’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Summit Materials stock

What is the ROE (Return on Equity) of Summit Materials this year?

The ROE of Summit Materials this year is 0.12 undefined.

How has the Return on Equity (ROE) of Summit Materials developed compared to the previous year?

The ROE of Summit Materials has increased by -8.96% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Summit Materials?

A high ROE indicates that Summit Materials generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Summit Materials?

A low ROE can indicate that Summit Materials is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Summit Materials affect the company?

A change in ROE (Return on Equity) of Summit Materials can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Summit Materials?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Summit Materials?

Some factors that can influence Summit Materials's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Summit Materials pay?

Over the past 12 months, Summit Materials paid a dividend of 0.01 USD . This corresponds to a dividend yield of about 0.04 %. For the coming 12 months, Summit Materials is expected to pay a dividend of 0 USD.

What is the dividend yield of Summit Materials?

The current dividend yield of Summit Materials is 0.04 %.

When does Summit Materials pay dividends?

Summit Materials pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Summit Materials?

Summit Materials paid dividends every year for the past 3 years.

What is the dividend of Summit Materials?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Summit Materials located?

Summit Materials is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Summit Materials kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Summit Materials from 12/22/2017 amounting to 0.014 USD, you needed to have the stock in your portfolio before the ex-date on 12/7/2017.

When did Summit Materials pay the last dividend?

The last dividend was paid out on 12/22/2017.

What was the dividend of Summit Materials in the year 2023?

In the year 2023, Summit Materials distributed 0 USD as dividends.

In which currency does Summit Materials pay out the dividend?

The dividends of Summit Materials are distributed in USD.