Aecon Group Inc.

TSX:ARE Stock Report

Market Cap: CA$1.7b

Aecon Group Management

Management criteria checks 3/4

Aecon Group's CEO is Jean-Louis Servranckx, appointed in Sep 2018, has a tenure of 6.25 years. total yearly compensation is CA$5.42M, comprised of 19.6% salary and 80.4% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth CA$149.62K. The average tenure of the management team and the board of directors is 6.9 years and 5.5 years respectively.

Key information

Jean-Louis Servranckx

Chief executive officer

CA$5.4m

Total compensation

CEO salary percentage19.6%
CEO tenure6.3yrs
CEO ownership0.009%
Management average tenure6.9yrs
Board average tenure5.5yrs

Recent management updates

This Is Why Aecon Group Inc.'s (TSE:ARE) CEO Compensation Looks Appropriate

May 29
This Is Why Aecon Group Inc.'s (TSE:ARE) CEO Compensation Looks Appropriate

Recent updates

Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.19

Dec 15
Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.19

Aecon Group Inc.'s (TSE:ARE) Shares Leap 30% Yet They're Still Not Telling The Full Story

Nov 15
Aecon Group Inc.'s (TSE:ARE) Shares Leap 30% Yet They're Still Not Telling The Full Story

Aecon Group's (TSE:ARE) Dividend Will Be CA$0.19

Jun 08
Aecon Group's (TSE:ARE) Dividend Will Be CA$0.19

This Is Why Aecon Group Inc.'s (TSE:ARE) CEO Compensation Looks Appropriate

May 29
This Is Why Aecon Group Inc.'s (TSE:ARE) CEO Compensation Looks Appropriate

Concerns Surrounding Aecon Group's (TSE:ARE) Performance

Mar 12
Concerns Surrounding Aecon Group's (TSE:ARE) Performance

Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.185

Aug 29
Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.185

Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.185

Jun 10
Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.185

Aecon Group (TSE:ARE) Takes On Some Risk With Its Use Of Debt

Apr 27
Aecon Group (TSE:ARE) Takes On Some Risk With Its Use Of Debt

Is Now An Opportune Moment To Examine Aecon Group Inc. (TSE:ARE)?

Mar 04
Is Now An Opportune Moment To Examine Aecon Group Inc. (TSE:ARE)?

Aecon Group (TSE:ARE) Is Due To Pay A Dividend Of CA$0.185

Mar 04
Aecon Group (TSE:ARE) Is Due To Pay A Dividend Of CA$0.185

These 4 Measures Indicate That Aecon Group (TSE:ARE) Is Using Debt Extensively

Jan 04
These 4 Measures Indicate That Aecon Group (TSE:ARE) Is Using Debt Extensively

Here's Why Aecon Group (TSE:ARE) Has A Meaningful Debt Burden

Sep 09
Here's Why Aecon Group (TSE:ARE) Has A Meaningful Debt Burden

CEO Compensation Analysis

How has Jean-Louis Servranckx's remuneration changed compared to Aecon Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$64m

Jun 30 2024n/an/a

CA$13m

Mar 31 2024n/an/a

CA$165m

Dec 31 2023CA$5mCA$1m

CA$162m

Sep 30 2023n/an/a

CA$172m

Jun 30 2023n/an/a

CA$73m

Mar 31 2023n/an/a

CA$38m

Dec 31 2022CA$6mCA$1m

CA$30m

Sep 30 2022n/an/a

CA$23m

Jun 30 2022n/an/a

CA$27m

Mar 31 2022n/an/a

CA$51m

Dec 31 2021CA$7mCA$1m

CA$50m

Sep 30 2021n/an/a

CA$70m

Jun 30 2021n/an/a

CA$105m

Mar 31 2021n/an/a

CA$81m

Dec 31 2020CA$5mCA$1m

CA$88m

Sep 30 2020n/an/a

CA$76m

Jun 30 2020n/an/a

CA$45m

Mar 31 2020n/an/a

CA$71m

Dec 31 2019CA$4mCA$995k

CA$73m

Sep 30 2019n/an/a

CA$81m

Jun 30 2019n/an/a

CA$80m

Mar 31 2019n/an/a

CA$68m

Dec 31 2018CA$3mCA$321k

CA$59m

Compensation vs Market: Jean-Louis's total compensation ($USD3.77M) is above average for companies of similar size in the Canadian market ($USD1.83M).

Compensation vs Earnings: Jean-Louis's compensation has been consistent with company performance over the past year.

CEO

Jean-Louis Servranckx (63 yo)

6.3yrs

Tenure

CA$5,420,508

Compensation

Mr. Jean-Louis Servranckx has been President and Chief Executive Officer of Aecon Group Inc. since September 4, 2018 and serves as its Director since October 25, 2018. He has experience in the construction...

Leadership Team

NamePositionTenureCompensationOwnership
Jean-Louis Servranckx
President6.3yrsCA$5.42m0.0088%
CA$ 149.6k
Steven Nackan
Executive VP & President of Concessions5.9yrsCA$1.39mno data
Eric MacDonald
Executive Vice President of Utilities6.9yrsCA$1.40m0.033%
CA$ 562.7k
Thomas Clochard
Executive Vice President of Civil & Nuclearno dataCA$1.30m0.016%
CA$ 263.3k
Jerome Julier
Executive VP & CFOless than a yearno data0.042%
CA$ 714.7k
Adam Borgatti
Senior Vice President of Corporate Development & Investor Relations6.9yrsno data0.015%
CA$ 254.3k
Gordana Terkalas
Senior VP & Chief People Officer6.5yrsno data0.026%
CA$ 441.2k
Mark Scherer
Executive VP of Industrial & Chief Safety Officer9.3yrsCA$1.32mno data
John Singleton
Senior Vice President of Industrial East & West13.9yrsno datano data
Alistair MacCallum
Senior Vice President of Financeno datano datano data
Michael Derksen
Senior VP & Executive Lead of Civil West8yrsno datano data
Marty Harris
Senior VP & Executive Lead of Civil East8yrsno datano data

6.9yrs

Average Tenure

Experienced Management: ARE's management team is seasoned and experienced (6.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jean-Louis Servranckx
President6.2yrsCA$5.42m0.0088%
CA$ 149.6k
Monica Sloan
Independent Director11.5yrsCA$211.50k0.013%
CA$ 217.6k
Scott Thon
Independent Director3.5yrsCA$224.00kno data
Eric Rosenfeld
Corporate Independent Director7.5yrsCA$211.50kno data
John Beck
Non-Executive Chairman61.9yrsCA$345.00k0.016%
CA$ 271.9k
Susan Jenah
Independent Director8.5yrsCA$227.50k0.0034%
CA$ 57.5k
Scott Stewart
Independent Directorless than a yearno data0.024%
CA$ 408.0k
Rodney Phillips
Independent Directorless than a yearno datano data
Deborah Stein
Independent Director5.5yrsCA$227.50k0.0047%
CA$ 80.6k
Stuart Lee
Corporate Independent Director1.5yrsCA$170.82k0.011%
CA$ 190.3k
Leslie Kass
Independent Directorless than a yearno data0.0013%
CA$ 21.9k

5.5yrs

Average Tenure

63yo

Average Age

Experienced Board: ARE's board of directors are considered experienced (5.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:10
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Aecon Group Inc. is covered by 21 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MurrayATB Capital Markets
Gareth TinglingBeacon Securities Limited
Devin DodgeBMO Capital Markets Equity Research