Marston's PLC

LSE:MARS Stock Report

Market Cap: UK£335.4m

Marston's Management

Management criteria checks 1/4

Marston's' CEO is Justin Platt, appointed in Jan 2024, has a tenure of 2.5 years. total yearly compensation is £1.18M, comprised of 52.4% salary and 47.6% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth £346.79K. The average tenure of the management team and the board of directors is 1.8 years and 2.5 years respectively.

Key information

Justin Platt

Chief executive officer

UK£1.2m

Total compensation

CEO salary percentage52.38%
CEO tenure2.5yrs
CEO ownership0.1%
Management average tenure1.8yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

New Narrative Jun 27

Format Risks Around Format Rollout And Margins Will Define Future Pub Returns

Catalysts About Marston's Marston's operates a large, predominantly freehold pub estate in the U.K., focused on local, community-led formats. What are the underlying business or industry changes driving this perspective?
New Narrative Jun 13

Format Conversions And Property Backing Will Support Stronger Long Term Pub Earnings Potential

Catalysts About Marston's Marston's operates a mainly freehold, community focused pub estate in the U.K., targeting high margin and strong cash generation. What are the underlying business or industry changes driving this perspective?
Analysis Article Nov 29

Marston's PLC's (LON:MARS) Shares Bounce 29% But Its Business Still Trails The Market

Despite an already strong run, Marston's PLC ( LON:MARS ) shares have been powering on, with a gain of 29% in the last...
Analysis Article Nov 26

Is There Now An Opportunity In Marston's PLC (LON:MARS)?

Marston's PLC ( LON:MARS ), is not the largest company out there, but it saw a significant share price rise of 63% in...
Analysis Article May 14

Marston's PLC's (LON:MARS) Shares Bounce 28% But Its Business Still Trails The Industry

Marston's PLC ( LON:MARS ) shares have had a really impressive month, gaining 28% after a shaky period beforehand. The...
Analysis Article Mar 06

Does Marston's (LON:MARS) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 05

The Market Doesn't Like What It Sees From Marston's PLC's (LON:MARS) Revenues Yet

When you see that almost half of the companies in the Hospitality industry in the United Kingdom have price-to-sales...
Analysis Article Jul 28

Marston's PLC (LON:MARS) Surges 26% Yet Its Low P/S Is No Reason For Excitement

Despite an already strong run, Marston's PLC ( LON:MARS ) shares have been powering on, with a gain of 26% in the last...
Analysis Article Jul 12

Marston's (LON:MARS) Takes On Some Risk With Its Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Nov 04

Is Now An Opportune Moment To Examine Marston's PLC (LON:MARS)?

While Marston's PLC ( LON:MARS ) might not be the most widely known stock at the moment, it saw a decent share price...
Analysis Article Dec 15

Marston's (LON:MARS) Has No Shortage Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Nov 27

Is There An Opportunity With Marston's PLC's (LON:MARS) 40% Undervaluation?

How far off is Marston's PLC (LON:MARS) from its intrinsic value? Using the most recent financial data, we'll take a...

CEO Compensation Analysis

How has Justin Platt's remuneration changed compared to Marston's's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 28 2026n/an/a

UK£75m

Dec 28 2025n/an/a

UK£73m

Sep 27 2025UK£1mUK£618k

UK£72m

Jun 27 2025n/an/a

UK£62m

Mar 29 2025n/an/a

UK£52m

Dec 29 2024n/an/a

UK£35m

Compensation vs Market: Justin's total compensation ($USD1.58M) is about average for companies of similar size in the UK market ($USD1.22M).

Compensation vs Earnings: Insufficient data to compare Justin's compensation with company performance.


CEO

Justin Platt (55 yo)

2.5yrs
Tenure
UK£1,179,933
Compensation

Mr. Justin Mark Platt serves as Chief Executive Officer and Director at Marston's PLC since January 10, 2024. He had been Chief Strategy Officer at Merlin Entertainments Group Ltd. since July 2018 until 20...


Leadership Team

NamePositionTenureCompensationOwnership
Justin Platt
CEO & Director2.5yrsUK£1.18m0.10%
£ 346.8k
Stephen Hopson
CFO & Directorless than a yearUK£379.67kno data
Neil Campbell
Chief Operating Officer1.8yrsno datano data
Rob Beattie
Chief Digital & Technology Officerless than a yearno datano data
Bethan Raybould
General Counsel & Company Secretary4.4yrsno datano data
Mags Dixon
Chief Marketing Officerno datano datano data
Liam Powell
Chief People Officerno datano datano data
Ed Hancock
Chief Development Officer1.8yrsno datano data
1.8yrs
Average Tenure

Experienced Management: MARS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Justin Platt
CEO & Director2.5yrsUK£1.18m0.10%
£ 346.8k
Stephen Hopson
CFO & Directorless than a yearUK£379.67kno data
Kenneth Lever
Independent Non-Executive Chair2yrsUK£220.00k0.044%
£ 148.4k
Nicholas Varney
Independent Non-Executive Director4yrsUK£60.65k0.050%
£ 168.5k
Octavia Morley
Senior Independent Director6.5yrsUK£82.50k0.0040%
£ 13.2k
Rachel Claire Osborne
Independent Non-Executive Director2.5yrsUK£71.57k0.022%
£ 74.8k
Bridget Lea
Independent Non-Executive Director6.8yrsUK£60.65k0.014%
£ 46.0k
2.5yrs
Average Tenure
58yo
Average Age

Experienced Board: MARS's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 03:47
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/28
Annual Earnings2025/09/27

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

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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 Github.

Analyst Sources

Marston's PLC is covered by 22 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Julian EasthopeBarclays
Robert ChantryBerenberg
Nicholas ThomasBofA Global Research