The North West Company Inc.

TSX:NWC Stock Report

Market Cap: CA$2.3b

North West Management

Management criteria checks 3/4

North West's CEO is Dan McConnell, appointed in Aug 2021, has a tenure of 4.83 years. total yearly compensation is CA$4.38M, comprised of 21.1% salary and 78.9% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth CA$2.47M. The average tenure of the management team and the board of directors is 5 years and 7.7 years respectively.

Key information

Dan McConnell

Chief executive officer

CA$4.4m

Total compensation

CEO salary percentage21.09%
CEO tenure4.8yrs
CEO ownership0.1%
Management average tenure5yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

Analysis Article • Jan 14

Return Trends At North West (TSE:NWC) Aren't Appealing

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article • Dec 13

North West (TSE:NWC) Has Affirmed Its Dividend Of CA$0.41

The board of The North West Company Inc. ( TSE:NWC ) has announced that it will pay a dividend on the 15th of January...
Analysis Article • Nov 27

Does North West (TSE:NWC) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Sep 12

North West's (TSE:NWC) Dividend Will Be CA$0.41

The board of The North West Company Inc. ( TSE:NWC ) has announced that it will pay a dividend on the 15th of October...
Analysis Article • May 08

Risks To Shareholder Returns Are Elevated At These Prices For The North West Company Inc. (TSE:NWC)

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 15x, you may consider The...
Analysis Article • Jan 25

Some Confidence Is Lacking In The North West Company Inc.'s (TSE:NWC) P/E

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 14x, you may consider The...
Analysis Article • Sep 08

North West (TSE:NWC) Is Paying Out A Larger Dividend Than Last Year

The board of The North West Company Inc. ( TSE:NWC ) has announced that it will be paying its dividend of CA$0.40 on...
Analysis Article • Dec 07

North West (TSE:NWC) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Nov 04

Returns At North West (TSE:NWC) Appear To Be Weighed Down

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Sep 19

North West (TSE:NWC) Has Announced That It Will Be Increasing Its Dividend To CA$0.39

The North West Company Inc. ( TSE:NWC ) will increase its dividend from last year's comparable payment on the 13th of...
Analysis Article • Jul 15

Calculating The Fair Value Of The North West Company Inc. (TSE:NWC)

Key Insights North West's estimated fair value is CA$36.98 based on 2 Stage Free Cash Flow to Equity With CA$31.90...
Analysis Article • Jun 08

These 4 Measures Indicate That North West (TSE:NWC) Is Using Debt Reasonably Well

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • May 05

The Returns At North West (TSE:NWC) Aren't Growing

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article • Nov 22

Slowing Rates Of Return At North West (TSE:NWC) Leave Little Room For Excitement

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Sep 12

North West (TSE:NWC) Has Announced That It Will Be Increasing Its Dividend To CA$0.38

The North West Company Inc. ( TSE:NWC ) has announced that it will be increasing its dividend from last year's...
Analysis Article • Sep 09

North West (TSE:NWC) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

CEO Compensation Analysis

How has Dan McConnell's remuneration changed compared to North West's earnings?
DateTotal CompensationSalaryCompany Earnings
Apr 30 2026n/an/a

CA$141m

Jan 31 2026CA$4mCA$923k

CA$139m

Oct 31 2025n/an/a

CA$143m

Jul 31 2025n/an/a

CA$138m

Apr 30 2025n/an/a

CA$138m

Jan 31 2025CA$5mCA$869k

CA$137m

Oct 31 2024n/an/a

CA$131m

Jul 31 2024n/an/a

CA$133m

Apr 30 2024n/an/a

CA$134m

Jan 31 2024CA$4mCA$789k

CA$129m

Oct 31 2023n/an/a

CA$129m

Jul 31 2023n/an/a

CA$121m

Apr 30 2023n/an/a

CA$116m

Jan 31 2023CA$4mCA$733k

CA$122m

Oct 31 2022n/an/a

CA$123m

Jul 31 2022n/an/a

CA$132m

Apr 30 2022n/an/a

CA$143m

Jan 31 2022CA$5mCA$673k

CA$155m

Oct 31 2021n/an/a

CA$152m

Jul 31 2021n/an/a

CA$148m

Apr 30 2021n/an/a

CA$168m

Jan 31 2021CA$3mCA$654k

CA$140m

Oct 31 2020n/an/a

CA$124m

Jul 31 2020n/an/a

CA$114m

Apr 30 2020n/an/a

CA$69m

Jan 31 2020CA$2mCA$537k

CA$83m

Compensation vs Market: Dan's total compensation ($USD3.09M) is above average for companies of similar size in the Canadian market ($USD2.03M).

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

CEO

Dan McConnell (50 yo)

4.8yrs
Tenure
CA$4,376,345
Compensation

Mr. Daniel G. McConnell, also known as Dan, has been the President and Chief Executive Officer at The North West Company Inc. since August 1, 2021 and has been its Non-Independent Director since 2021. Mr....

Leadership Team

NamePositionTenureCompensationOwnership
Daniel McConnell
CEO, President & Non-Independent Director4.8yrsCA$4.38m0.11%
CA$ 2.5m
John King
Executive VP & CFO16yrsCA$1.82m0.29%
CA$ 6.8m
Jim Caldwell
President of Canadian Retail4.8yrsCA$1.30m0.013%
CA$ 298.5k
Kyle Hill
President of Alaska Commercial Company4.8yrsCA$1.48m0.045%
CA$ 1.1m
J. Proctor
President of Retail Cost-U-Less & Riteway Foods5.1yrsCA$1.38m0.0023%
CA$ 53.0k
Vineet Gupta
Chief Information Officer3.8yrsno data0.021%
CA$ 500.8k
Alexis Cloutier
VP of Legal & Corporate Secretary2.4yrsno datano data
Alison Coville
Chief People Officer5.4yrsno data0.00046%
CA$ 10.7k
Frank Kelner
Chair, President & CEO of North Star Air Ltd9.4yrsno datano data
Jeffrey Stout
President & COO of North Star Air Ltd.6.4yrsno data0.013%
CA$ 302.7k
Rex Wilhelm
Vice Chair of NWCI - International Operationsno dataCA$645.87kno data
Darcie Gault
Manager of Employee Relations Service Deliveryno datano datano data
5.0yrs
Average Tenure

Experienced Management: NWC's management team is considered experienced (5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Daniel McConnell
CEO, President & Non-Independent Director5.4yrsCA$4.38m0.11%
CA$ 2.5m
Frank Kelner
Chair, President & CEO of North Star Air Ltd9.4yrsno datano data
Gregg Saretsky
Independent Directorless than a yearCA$121.95kno data
Brock Bulbuck
Independent Chairman of the Board8.3yrsCA$279.00k0.0042%
CA$ 98.3k
Paul Soubry
Independent Directorless than a yearno datano data
Violet Konkle
Independent Director12.3yrsCA$204.33k0.0077%
CA$ 179.5k
Annalisa King
Independent Director11.5yrsCA$207.33kno data
Stewart Glendinning
Independent Director11.6yrsCA$279.81kno data
Victor Tootoo
Independent Director10.9yrsCA$178.33kno data
Jennefer Nepinak
Independent Director7.2yrsCA$175.33kno data
Steven Kroft
Independent Director5.4yrsCA$175.33kno data
Rachel Huckle
Independent Director3.8yrsCA$179.83kno data
7.7yrs
Average Tenure
61yo
Average Age

Experienced Board: NWC's board of directors are considered experienced (7.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/19 03:21
End of Day Share Price 2026/06/19 00:00
Earnings2026/04/30
Annual Earnings2026/01/31

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

The North West Company Inc. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James DurranBarclays
Stephen MacLeodBMO Capital Markets Equity Research
Neil LinsdellCantor Fitzgerald Canada Corporation