Patrick Callan has been the CEO of One Liberty Properties Inc (NYSE:OLP) since 2008. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Next, we’ll consider growth that the business demonstrates. 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 Patrick Callan’s Compensation Compare With Similar Sized Companies?
Our data indicates that One Liberty Properties Inc is worth US$520m, and total annual CEO compensation is US$1.7m. We note that’s an increase of 23% above last year. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of US$200m to US$800m. The median total CEO compensation was US$1.6m.
So Patrick Callan receives a similar amount to the median CEO pay, amongst the companies we looked at. This doesn’t tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.
You can see, below, how CEO compensation at One Liberty Properties has changed over time.
Is One Liberty Properties Inc Growing?
On average over the last three years, One Liberty Properties Inc has shrunk earnings per share by 3.0% each year. Its revenue is up 4.5% over last year.
The lack of earnings per share growth in the last three years is unimpressive. The modest increase in revenue in the last year isn’t enough to make me overlook the disappointing change in earnings per share. It’s hard to argue the company is firing on all cylinders, so shareholders might be averse to high CEO remuneration.
You might want to check this free visual report on analyst forecasts for future earnings.
Has One Liberty Properties Inc Been A Good Investment?
I think that the total shareholder return of 48%, over three years, would leave most One Liberty Properties Inc shareholders smiling. This strong performance might mean some shareholders don’t mind if the CEO is paid more than is normal for a company of its size.
Patrick Callan is paid around the same as most CEOs of similar size companies.
The company isn’t growing earnings per share, but shareholder returns have been strong over the last three years. So we can’t see a reason to suggest the pay is inappropriate. CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling One Liberty Properties Inc (free visualization of insider trades).
Or you might rather take a peek at this analytical visualization of historic cash flow, earnings and revenue.
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at firstname.lastname@example.org.