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What Did Intrepid Potash, Inc.'s (NYSE:IPI) CEO Take Home Last Year?

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Bob Jornayvaz has been the CEO of Intrepid Potash, Inc. (NYSE:IPI) since 2014. First, this article will compare CEO compensation with compensation at similar sized companies. Then we'll look at a snap shot of the business growth. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This method should give us information to assess how appropriately the company pays the CEO.

Check out our latest analysis for Intrepid Potash

How Does Bob Jornayvaz's Compensation Compare With Similar Sized Companies?

At the time of writing our data says that Intrepid Potash, Inc. has a market cap of US$422m, and is paying total annual CEO compensation of US$3.7m. (This number is for the twelve months until December 2018). We note that's an increase of 69% above last year. We think total compensation is more important but we note that the CEO salary is lower, at US$50k. When we examined a selection of companies with market caps ranging from US$200m to US$800m, we found the median CEO total compensation was US$1.8m.

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It would therefore appear that Intrepid Potash, Inc. pays Bob Jornayvaz more than the median CEO remuneration at companies of a similar size, in the same market. However, this fact alone doesn't mean the remuneration is too high. We can get a better idea of how generous the pay is by looking at the performance of the underlying business.

You can see a visual representation of the CEO compensation at Intrepid Potash, below.

NYSE:IPI CEO Compensation, June 11th 2019
NYSE:IPI CEO Compensation, June 11th 2019

Is Intrepid Potash, Inc. Growing?

Intrepid Potash, Inc. has increased its earnings per share (EPS) by an average of 131% a year, over the last three years (using a line of best fit). It achieved revenue growth of 13% over the last year.

This demonstrates that the company has been improving recently. A good result. This sort of respectable year-on-year revenue growth is often seen at a healthy, growing business. Shareholders might be interested in this free visualization of analyst forecasts.

Has Intrepid Potash, Inc. Been A Good Investment?

Boasting a total shareholder return of 131% over three years, Intrepid Potash, Inc. has done well by shareholders. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.

In Summary...

We compared total CEO remuneration at Intrepid Potash, Inc. with the amount paid at companies with a similar market capitalization. As discussed above, we discovered that the company pays more than the median of that group.

Importantly, though, the company has impressed with its earnings per share growth, over three years. In addition, shareholders have done well over the same time period. Considering this fine result for shareholders, we daresay the CEO compensation might be apt. Shareholders may want to check for free if Intrepid Potash insiders are buying or selling shares.

If you want to buy a stock that is better than Intrepid Potash, this free list of high return, low debt companies is a great place to look.

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 editorial-team@simplywallst.com. 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.