Summit Payout Ratio from 2010 to 2024
| SUM Stock | USD 37.64 0.81 2.20% |
Payout Ratio | First Reported 2010-12-31 | Previous Quarter 0.002865 | Current Value 0.002722 | Quarterly Volatility 0.09096042 |
Check Summit Materials financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Materials' main balance sheet or income statement drivers, such as Depreciation And Amortization of 177.8 M, Interest Expense of 99 M or Selling General Administrative of 224.9 M, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 2.0E-4 or PTB Ratio of 1.42. Summit financial statements analysis is a perfect complement when working with Summit Materials Valuation or Volatility modules.
Summit | Payout Ratio |
Latest Summit Materials' Payout Ratio Growth Pattern
Below is the plot of the Payout Ratio of Summit Materials over the last few years. Payout Ratio is the proportion of Summit Materials earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Summit Materials dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Summit Materials is paying out more in dividends than it makes in net income. It is Summit Materials' Payout Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit Materials' overall financial position and show how it may be relating to other accounts over time.
| Payout Ratio | 10 Years Trend |
|
Payout Ratio |
| Timeline |
Summit Payout Ratio Regression Statistics
| Arithmetic Mean | 0.03 | |
| Geometric Mean | 0 | |
| Coefficient Of Variation | 356.02 | |
| Mean Deviation | 0.04 | |
| Median | 0 | |
| Standard Deviation | 0.09 | |
| Sample Variance | 0.01 | |
| Range | 0.3527 | |
| R-Value | (0.06) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0 | |
| Significance | 0.83 | |
| Slope | (0) | |
| Total Sum of Squares | 0.12 |
Summit Payout Ratio History
Other Fundumenentals of Summit Materials
Summit Materials Payout Ratio component correlations
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About Summit Materials Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Summit Materials income statement, its balance sheet, and the statement of cash flows. Summit Materials investors use historical funamental indicators, such as Summit Materials's Payout Ratio, to determine how well the company is positioned to perform in the future. Although Summit Materials investors may use each financial statement separately, they are all related. The changes in Summit Materials's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Summit Materials's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Summit Materials Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Summit Materials. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year |
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Additional Information and Resources on Investing in Summit Stock
When determining whether Summit Materials is a strong investment it is important to analyze Summit Materials' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Summit Materials' future performance. For an informed investment choice regarding Summit Stock, refer to the following important reports:Check out the analysis of Summit Materials Correlation against competitors. To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Materials. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.90) | Earnings Share 2.21 | Revenue Per Share 22.773 | Quarterly Revenue Growth 0.849 | Return On Assets 0.0366 |
The market value of Summit Materials is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Materials' value that differs from its market value or its book value, called intrinsic value, which is Summit Materials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Materials' market value can be influenced by many factors that don't directly affect Summit Materials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Materials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.