We Take A Look At Why Bird Construction Inc.'s (TSE:BDT) CEO Has Earned Their Pay Packet
Key Insights
- Bird Construction to hold its Annual General Meeting on 14th of May
- Salary of CA$759.9k is part of CEO Teri McKibbon's total remuneration
- The total compensation is similar to the average for the industry
- Bird Construction's EPS grew by 31% over the past three years while total shareholder return over the past three years was 229%
The performance at Bird Construction Inc. (TSE:BDT) has been quite strong recently and CEO Teri McKibbon has played a role in it. The pleasing results would be something shareholders would keep in mind at the upcoming AGM on 14th of May. This would also be a chance for them to hear the board review the financial results, discuss future company strategy and vote on any resolutions such as executive remuneration. We think the CEO has done a pretty decent job and we discuss why the CEO compensation is appropriate.
View our latest analysis for Bird Construction
Comparing Bird Construction Inc.'s CEO Compensation With The Industry
Our data indicates that Bird Construction Inc. has a market capitalization of CA$1.3b, and total annual CEO compensation was reported as CA$4.3m for the year to December 2024. We note that's an increase of 18% above last year. While we always look at total compensation first, our analysis shows that the salary component is less, at CA$760k.
On comparing similar companies from the Canadian Construction industry with market caps ranging from CA$551m to CA$2.2b, we found that the median CEO total compensation was CA$4.3m. From this we gather that Teri McKibbon is paid around the median for CEOs in the industry. What's more, Teri McKibbon holds CA$5.3m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.
| Component | 2024 | 2023 | Proportion (2024) |
| Salary | CA$760k | CA$736k | 18% |
| Other | CA$3.5m | CA$2.9m | 82% |
| Total Compensation | CA$4.3m | CA$3.6m | 100% |
Talking in terms of the industry, salary represented approximately 18% of total compensation out of all the companies we analyzed, while other remuneration made up 82% of the pie. Our data reveals that Bird Construction allocates salary more or less in line with the wider market. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.
Bird Construction Inc.'s Growth
Bird Construction Inc.'s earnings per share (EPS) grew 31% per year over the last three years. In the last year, its revenue is up 21%.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. It's a real positive to see this sort of revenue growth in a single year. That suggests a healthy and growing business. Historical performance can sometimes be a good indicator on what's coming up next but if you want to peer into the company's future you might be interested in this free visualization of analyst forecasts.
Has Bird Construction Inc. Been A Good Investment?
Boasting a total shareholder return of 229% over three years, Bird Construction Inc. 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...
Given the company's decent performance, the CEO remuneration policy might not be shareholders' central point of focus in the AGM. However, investors will get the chance to engage on key strategic initiatives and future growth opportunities for the company and set their longer-term expectations.
While it is important to pay attention to CEO remuneration, investors should also consider other elements of the business. That's why we did some digging and identified 1 warning sign for Bird Construction that you should be aware of before investing.
Important note: Bird Construction is an exciting stock, but we understand investors may be looking for an unencumbered balance sheet and blockbuster returns. You might find something better in this list of interesting companies with high ROE and low debt.
Valuation is complex, but we're here to simplify it.
Discover if Bird Construction might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.