Key Insights
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IES Holdings will host its Annual General Meeting on 22nd of February
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Total pay for CEO Jeff Gendell includes US$850.0k salary
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The overall pay is comparable to the industry average
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Over the past three years, IES Holdings' EPS grew by 35% and over the past three years, the total shareholder return was 129%
The performance at IES Holdings, Inc. (NASDAQ:IESC) has been quite strong recently and CEO Jeff Gendell has played a role in it. The pleasing results would be something shareholders would keep in mind at the upcoming AGM on 22nd of February. This would also be a chance for them to hear the board review the financial results, discuss future company strategy and vote on any resolutions such as executive remuneration. Here is our take on why we think CEO compensation is not extravagant.
See our latest analysis for IES Holdings
Comparing IES Holdings, Inc.'s CEO Compensation With The Industry
Our data indicates that IES Holdings, Inc. has a market capitalization of US$2.0b, and total annual CEO compensation was reported as US$3.2m for the year to September 2023. That's a notable increase of 42% on last year. We think total compensation is more important but our data shows that the CEO salary is lower, at US$850k.
For comparison, other companies in the American Construction industry with market capitalizations ranging between US$1.0b and US$3.2b had a median total CEO compensation of US$3.2m. This suggests that IES Holdings remunerates its CEO largely in line with the industry average. What's more, Jeff Gendell holds US$14m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.
| Component | 2023 | 2022 | Proportion (2023) |
| Salary | US$850k | US$825k | 27% |
| Other | US$2.3m | US$1.4m | 73% |
| Total Compensation | US$3.2m | US$2.2m | 100% |
Talking in terms of the industry, salary represented approximately 22% of total compensation out of all the companies we analyzed, while other remuneration made up 78% of the pie. IES Holdings pays out 27% of remuneration in the form of a salary, significantly higher than the industry average. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.
IES Holdings, Inc.'s Growth
Over the past three years, IES Holdings, Inc. has seen its earnings per share (EPS) grow by 35% per year. In the last year, its revenue is up 7.8%.
This demonstrates that the company has been improving recently and is good news for the shareholders. It's nice to see revenue heading northwards, as this is consistent with healthy business conditions. Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.
