Yahoo Finance Should You Worry About Curtiss-Wright Corporation's (NYSE:CW) CEO Pay Cheque?
Dave Adams has been the CEO of Curtiss-Wright Corporation (NYSE:CW) since 2013. 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. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company pays the CEO.
Check out our latest analysis for Curtiss-Wright
How Does Dave Adams's Compensation Compare With Similar Sized Companies?
According to our data, Curtiss-Wright Corporation has a market capitalization of US$5.5b, and paid its CEO total annual compensation worth US$7.5m over the year to December 2018. We think total compensation is more important but we note that the CEO salary is lower, at US$962k. We note that more than half of the total compensation is not the salary; and performance requirements may apply to this non-salary portion. When we examined a selection of companies with market caps ranging from US$4.0b to US$12b, we found the median CEO total compensation was US$6.8m.
So Dave Adams receives a similar amount to the median CEO pay, amongst the companies we looked at. While this data point isn't particularly informative alone, it gains more meaning when considered with business performance.
The graphic below shows how CEO compensation at Curtiss-Wright has changed from year to year.
Is Curtiss-Wright Corporation Growing?
On average over the last three years, Curtiss-Wright Corporation has grown earnings per share (EPS) by 19% each year (using a line of best fit). It achieved revenue growth of 4.8% over the last year.
This demonstrates that the company has been improving recently. A good result. It's also good to see modest revenue growth, suggesting the underlying business is healthy. You might want to check this free visual report on analyst forecasts for future earnings.
Has Curtiss-Wright Corporation Been A Good Investment?
Boasting a total shareholder return of 46% over three years, Curtiss-Wright Corporation has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary...
Dave Adams is paid around what is normal the leaders of comparable size companies.
The company is growing earnings per share and total shareholder returns have been pleasing. Indeed, many might consider the pay rather modest, given the solid company performance! If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Curtiss-Wright.
If you want to buy a stock that is better than Curtiss-Wright, 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.
