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Glenn Sanford has been the CEO of eXp World Holdings, Inc. (NASDAQ:EXPI) since 2013. First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will consider the growth in the business. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. The aim of all this is to consider the appropriateness of CEO pay levels.
How Does Glenn Sanford's Compensation Compare With Similar Sized Companies?
Our data indicates that eXp World Holdings, Inc. is worth US$592m, and total annual CEO compensation is US$1.8m. (This figure is for the year to December 2018). We note that's an increase of 132% above last year. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at US$59k. We looked at a group of companies with market capitalizations from US$200m to US$800m, and the median CEO total compensation was US$1.7m.
That means Glenn Sanford receives fairly typical remuneration for the CEO of a company that size. Although this fact alone doesn't tell us a great deal, it becomes more relevant when considered against the business performance.
You can see, below, how CEO compensation at eXp World Holdings has changed over time.
Is eXp World Holdings, Inc. Growing?
On average over the last three years, eXp World Holdings, Inc. has shrunk earnings per share by 72% each year (measured with a line of best fit). Its revenue is up 220% over last year.
As investors, we are a bit wary of companies that have lower earnings per share, over three years. But in contrast the revenue growth is strong, suggesting future potential for earnings growth. It's hard to reach a conclusion about business performance right now. This may be one to watch. It could be important to check this free visual depiction of what analysts expect for the future.
Has eXp World Holdings, Inc. Been A Good Investment?
Most shareholders would probably be pleased with eXp World Holdings, Inc. for providing a total return of 414% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
Glenn Sanford is paid around the same as most CEOs of similar size companies.
The company isn't showing particularly great growth, but shareholder returns have been pleasing. So considering most shareholders would be happy, we'd say the CEO pay is appropriate. So you may want to check if insiders are buying eXp World Holdings shares with their own money (free access).
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.