Summit Materials (FRA:7SU) Gross-Profit-to-Asset % : 10.92% (As of Mar. 2024)

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What is Summit Materials Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Summit Materials's annualized Gross Profit for the quarter that ended in Mar. 2024 was €666 Mil. Summit Materials's average Total Assets over the quarter that ended in Mar. 2024 was €6,101 Mil. Therefore, Summit Materials's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.92%.

Summit Materials Gross-Profit-to-Asset % Historical Data

The historical data trend for Summit Materials's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Summit Materials Gross-Profit-to-Asset % Chart

Summit Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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14.71

14.19

16.34

15.78

15.89

Summit Materials Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															7.64	21.87	23.15	15.59	10.92

Competitive Comparison of Summit Materials's Gross-Profit-to-Asset %

For the Building Materials subindustry, Summit Materials's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Summit Materials's Gross-Profit-to-Asset % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Summit Materials's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Summit Materials's Gross-Profit-to-Asset % falls into.

Summit Materials Gross-Profit-to-Asset % Calculation

Summit Materials's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	694.224	/	( (4017.373	+	4722.167)	/ 2 )
	=	694.224	/	4369.77
	=	15.89 %

Summit Materials's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	666.096	/	( (4722.167	+	7479.508)	/ 2 )
	=	666.096	/	6100.8375
	=	10.92 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Summit Materials Gross-Profit-to-Asset % Related Terms

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Summit Materials (FRA:7SU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Summit Materials Inc (FRA:7SU) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

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SUM:USA

Address

1801 California Street, Suite 3500, Denver, CO, USA, 80202

Website

https://www.summit-materials.com

Summit Materials Inc is an aggregates supplier and cement producer in the United States. The company sells products that include aggregates, which it supplies across the United States, and in British Columbia, Canada, and cement, which it supplies to surrounding states along the Mississippi River from Minnesota to Louisiana. In addition to supplying aggregates to customers, the company uses a portion of its materials internally to produce ready-mix concrete and asphalt paving mix, which may be sold externally or used in its paving and related services businesses. The company operates in 22 U.S. states and in British Columbia, Canada and has assets in 21 U.S. states and in British Columbia, Canada through their platforms.

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