Drax Group plc

LSE:DRX Stock Report

Market Cap: UK£2.0b

Drax Group Management

Management criteria checks 4/4

Drax Group's CEO is Will Gardiner, appointed in Jan 2018, has a tenure of 7.25 years. total yearly compensation is £2.86M, comprised of 24.1% salary and 75.9% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth £7.70M. The average tenure of the management team and the board of directors is 4.3 years and 6 years respectively.

Key information

Will Gardiner

Chief executive officer

UK£2.9m

Total compensation

CEO salary percentage24.1%
CEO tenure7.3yrs
CEO ownership0.4%
Management average tenure4.3yrs
Board average tenure6yrs

Recent management updates

Recent updates

Broker Revenue Forecasts For Drax Group plc (LON:DRX) Are Surging Higher

Mar 13
Broker Revenue Forecasts For Drax Group plc (LON:DRX) Are Surging Higher
author-image

Investments In FlexGen And BECCS Will Impact Future Earnings, But Policy Risks Persist

Mar 02 Strategic investments in flexible generation and energy solutions are set to enhance post-2027 earnings and revenue through expanded capacity and efficiency.

Should You Investigate Drax Group plc (LON:DRX) At UK£6.30?

Jan 20
Should You Investigate Drax Group plc (LON:DRX) At UK£6.30?

Is Now The Time To Put Drax Group (LON:DRX) On Your Watchlist?

Dec 20
Is Now The Time To Put Drax Group (LON:DRX) On Your Watchlist?

Drax Group plc's (LON:DRX) Earnings Are Not Doing Enough For Some Investors

Nov 20
Drax Group plc's (LON:DRX) Earnings Are Not Doing Enough For Some Investors

Drax Group (LON:DRX) Seems To Use Debt Quite Sensibly

Sep 24
Drax Group (LON:DRX) Seems To Use Debt Quite Sensibly

What Is Drax Group plc's (LON:DRX) Share Price Doing?

Aug 31
What Is Drax Group plc's (LON:DRX) Share Price Doing?

Drax Group plc (LON:DRX) Surges 31% Yet Its Low P/E Is No Reason For Excitement

Jul 29
Drax Group plc (LON:DRX) Surges 31% Yet Its Low P/E Is No Reason For Excitement

What Does Drax Group plc's (LON:DRX) Share Price Indicate?

Apr 24
What Does Drax Group plc's (LON:DRX) Share Price Indicate?

Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden

Apr 09
Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden

Calculating The Intrinsic Value Of Drax Group plc (LON:DRX)

Feb 07
Calculating The Intrinsic Value Of Drax Group plc (LON:DRX)

Drax Group plc (LON:DRX) Doing What It Can To Lift Shares

Dec 24
Drax Group plc (LON:DRX) Doing What It Can To Lift Shares

Drax Group plc (LON:DRX) Shares Could Be 23% Below Their Intrinsic Value Estimate

Oct 24
Drax Group plc (LON:DRX) Shares Could Be 23% Below Their Intrinsic Value Estimate

Should You Investigate Drax Group plc (LON:DRX) At UK£5.20?

Sep 20
Should You Investigate Drax Group plc (LON:DRX) At UK£5.20?

Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden

Aug 18
Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden

Time To Worry? Analysts Just Downgraded Their Drax Group plc (LON:DRX) Outlook

Jul 30
Time To Worry? Analysts Just Downgraded Their Drax Group plc (LON:DRX) Outlook

Estimating The Intrinsic Value Of Drax Group plc (LON:DRX)

Jul 20
Estimating The Intrinsic Value Of Drax Group plc (LON:DRX)

If EPS Growth Is Important To You, Drax Group (LON:DRX) Presents An Opportunity

Jun 28
If EPS Growth Is Important To You, Drax Group (LON:DRX) Presents An Opportunity

The Price Is Right For Drax Group plc (LON:DRX)

May 27
The Price Is Right For Drax Group plc (LON:DRX)

Is Drax Group (LON:DRX) Using Too Much Debt?

Apr 02
Is Drax Group (LON:DRX) Using Too Much Debt?

Should You Think About Buying Drax Group plc (LON:DRX) Now?

Jan 20
Should You Think About Buying Drax Group plc (LON:DRX) Now?

Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet

Dec 16
Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet

At UK£6.91, Is It Time To Put Drax Group plc (LON:DRX) On Your Watch List?

Sep 19
At UK£6.91, Is It Time To Put Drax Group plc (LON:DRX) On Your Watch List?

Drax Group (LON:DRX) Takes On Some Risk With Its Use Of Debt

Aug 24
Drax Group (LON:DRX) Takes On Some Risk With Its Use Of Debt

Analysts' Revenue Estimates For Drax Group plc (LON:DRX) Are Surging Higher

Jul 28
Analysts' Revenue Estimates For Drax Group plc (LON:DRX) Are Surging Higher

Drax Group plc (LON:DRX) Shares Could Be 35% Above Their Intrinsic Value Estimate

Jul 15
Drax Group plc (LON:DRX) Shares Could Be 35% Above Their Intrinsic Value Estimate

Is Drax Group plc (LON:DRX) Potentially Undervalued?

May 22
Is Drax Group plc (LON:DRX) Potentially Undervalued?

Is Drax Group (LON:DRX) Using Too Much Debt?

Mar 30
Is Drax Group (LON:DRX) Using Too Much Debt?

We Think Drax Group's (LON:DRX) Profit Is Only A Baseline For What They Can Achieve

Mar 03
We Think Drax Group's (LON:DRX) Profit Is Only A Baseline For What They Can Achieve

CEO Compensation Analysis

How has Will Gardiner's remuneration changed compared to Drax Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024UK£3mUK£690k

UK£527m

Sep 30 2024n/an/a

UK£590m

Jun 30 2024n/an/a

UK£654m

Mar 31 2024n/an/a

UK£608m

Dec 31 2023UK£3mUK£663k

UK£562m

Sep 30 2023n/an/a

UK£373m

Jun 30 2023n/an/a

UK£184m

Mar 31 2023n/an/a

UK£135m

Dec 31 2022UK£6mUK£631k

UK£85m

Sep 30 2022n/an/a

UK£148m

Jun 30 2022n/an/a

UK£211m

Mar 31 2022n/an/a

UK£133m

Dec 31 2021UK£3mUK£570k

UK£56m

Sep 30 2021n/an/a

-UK£35m

Jun 30 2021n/an/a

-UK£125m

Mar 31 2021n/an/a

-UK£160m

Dec 31 2020UK£2mUK£557k

-UK£195m

Jun 30 2020n/an/a

-UK£89m

Mar 31 2020n/an/a

-UK£49m

Dec 31 2019UK£1mUK£541k

-UK£10m

Sep 30 2019n/an/a

UK£14m

Jun 30 2019n/an/a

UK£28m

Mar 31 2019n/an/a

UK£24m

Dec 31 2018UK£2mUK£530k

UK£20m

Compensation vs Market: Will's total compensation ($USD3.74M) is about average for companies of similar size in the UK market ($USD3.20M).

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

CEO

Will Gardiner (60 yo)

7.3yrs

Tenure

UK£2,864,000

Compensation

Mr. Dwight Daniel Willard Gardiner, known as Will, serves as a Director at Drax Power Limited. He has been Group Chief Executive Officer of Drax Group plc since January 1, 2018. Mr. Gardiner has been Execu...

Leadership Team

NamePositionTenureCompensationOwnership
Dwight Daniel Gardiner
Group CEO & Executive Director7.3yrsUK£2.86m0.39%
£ 7.7m
Andrew Skelton
CFO & Director6.3yrsUK£61.59m0.18%
£ 3.6m
Lee Dawes
Chief Operations Officerless than a yearno datano data
Mark Strafford
Head of Investor Relationsno datano datano data
Hillary Berger
Group General Counsel4.3yrsno datano data
Karen McKeever
Chief Human Resources Officer4.3yrsno datano data
Jason Shipstone
Chief Innovation Officerno datano datano data
Paul Sheffield
Chief Commercial Officer5.7yrsno data0.020%
£ 396.3k
Tim Cole
Head of Customer Marketingno datano datano data
Miguel Veiga-Pestana
Chief Sustainability Officer1.6yrsno datano data
Laurie Fitzmaurice
President of Global BECCS1.2yrsno data0.011%
£ 226.4k
Brett Gladden
Group Company Secretary6.2yrsno datano data

4.3yrs

Average Tenure

Experienced Management: DRX's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Dwight Daniel Gardiner
Group CEO & Executive Director9.4yrsUK£2.86m0.39%
£ 7.7m
Andrew Skelton
CFO & Director6.3yrsUK£61.59m0.18%
£ 3.6m
Robert Shuter
Independent Non-Executive Directorless than a yearUK£43.00k0.022%
£ 439.4k
David Simon Nussbaum
Senior Independent Non-Executive Director7.7yrsUK£64.00kno data
Andrea Bertone
Independent Chairman of the Board1.7yrsUK£313.00kno data
John Baxter
Non-Executive Independent Director6yrsUK£64.00k0.0049%
£ 96.2k
Kimberly Keating
Independent Non-Executive Director3.5yrsUK£76.00kno data
Nicola Hodson
Independent Non-Executive Director7.3yrsUK£77.00kno data
Erika Peterman
Independent Non-Executive Director3.5yrsUK£76.00kno data

6.0yrs

Average Tenure

58yo

Average Age

Experienced Board: DRX's board of directors are considered experienced (6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/14 03:53
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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

Drax Group plc is covered by 34 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Myriam CohenAlphaValue
Peter BisztygaBarclays
Dominic NashBarclays