Summit Materials
SUM
#2149
Rank
$7.04 B
Marketcap
$40.13
Share price
-4.75%
Change (1 day)
26.04%
Change (1 year)

Operating Margin for Summit Materials (SUM)

Operating Margin as of May 2024 (TTM): 13.17%

According to Summit Materials's latest financial reports and stock price the company's current Operating Margin is 13.17%. At the end of 2022 the company had an Operating Margin of 14.98%.

Operating Margin history for Summit Materials from 2014 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202214.98%81.77%
20218.24%48.98%
20205.53%57.18%
20193.52%-23.02%
20184.57%-155.86%
2017-8.19%-426.03%
20162.51%-287.36%
2015-1.34%21.01%
2014-1.11%-90.41%
2013-11.55%109.92%
2012-5.50%2912.16%
2011-0.18%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.72% 11.77%๐Ÿ‡บ๐Ÿ‡ธ USA
0.89%-93.24%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.24%-139.79%๐Ÿ‡บ๐Ÿ‡ธ USA
8.29%-37.05%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.