Ballard Power Systems Inc.

NasdaqGM:BLDP Stock Report

Market Cap: US$450.1m

Ballard Power Systems Management

Management criteria checks 3/4

Ballard Power Systems' CEO is Randy MacEwen, appointed in Oct 2014, has a tenure of 10.17 years. total yearly compensation is $2.27M, comprised of 19.9% salary and 80.1% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $498.12K. The average tenure of the management team and the board of directors is 2.3 years and 5.5 years respectively.

Key information

Randy MacEwen

Chief executive officer

US$2.3m

Total compensation

CEO salary percentage19.9%
CEO tenure10.2yrs
CEO ownership0.1%
Management average tenure2.3yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

Ballard Power: Investors Need To Hope For A Sale Or Change In Strategic Focus - Hold

Nov 19

Ballard Power Systems Q2: Poor Results And Weak Near-Term Prospects, Hold

Aug 13

Ballard Power Systems: Not Even A Dead Cat Bounce

Jul 17

Ballard Power Systems: Strong Q1 Order Intake But Outlook Still Murky

May 08

Delicious Runway For Patient Ballard Power Shareholders

May 01

Ballard Power Systems: Mixed Q4 Results And Another Mediocre Year Ahead, Hold

Mar 12

Ballard to establish new China headquarters, manufacturing facility

Sep 30

Ballard Power Systems deepens strategic partnership with Quantron AG

Sep 19

Ballard Power: Things Just Keep Getting Worse

Aug 23

Ballard Power Systems Q2 2022 Preview: Not Even Close To Fair Value

Aug 06

Ballard Power - No Light At The End Of The Tunnel

May 11

Ballard Power Struggles: Hydrogen, What's Real And What's Not

Mar 11

Ballard Power Is Losing Power

Feb 20

Ballard Power - Lack Of Progress In China Likely To Result In Another Year Without Growth

Nov 18

Ballard Power - Improved Results, But Near-Term Prospects Remain Bleak - Avoid The Shares

Aug 09

Ballard Power-Gore collaborate to advance fuel cell technologies

Jun 09

Ballard gets follow-on fuel cell order for 13 Solaris electric buses

May 28

Ballard Power Systems EPS misses by $0.01, misses on revenue

May 04

Upside From Ballard Power Systems' Plans To Boost Profitability

Apr 27

Ballard, Global Energy Ventures to develop fuel cell-powered ship

Feb 03

Ballard Power Systems: Looks Expensive

Feb 01

Ballard receives purchase order from Arcola Energy

Jan 12

Ballard Power receives order for 10 fuel cell modules from Van Hool

Dec 17

Ballard partners with and Eltek Nordic for fuel cell backup power systems

Dec 14

Ballard announces $250M bought deal offering

Nov 23

Ballard Power Systems - Setbacks On Multiple Fronts And More Disappointment Ahead - Get Short

Nov 09

CEO Compensation Analysis

How has Randy MacEwen's remuneration changed compared to Ballard Power Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$326m

Jun 30 2024n/an/a

-US$156m

Mar 31 2024n/an/a

-US$153m

Dec 31 2023US$2mUS$453k

-US$144m

Sep 30 2023n/an/a

-US$117m

Jun 30 2023n/an/a

-US$125m

Mar 31 2023n/an/a

-US$152m

Dec 31 2022US$2mUS$443k

-US$160m

Sep 30 2022n/an/a

-US$183m

Jun 30 2022n/an/a

-US$171m

Mar 31 2022n/an/a

-US$137m

Dec 31 2021US$2mUS$474k

-US$114m

Sep 30 2021n/an/a

-US$85m

Jun 30 2021n/an/a

-US$65m

Mar 31 2021n/an/a

-US$54m

Dec 31 2020US$2mUS$487k

-US$49m

Sep 30 2020n/an/a

-US$45m

Jun 30 2020n/an/a

-US$40m

Mar 31 2020n/an/a

-US$36m

Dec 31 2019US$1mUS$426k

-US$35m

Sep 30 2019n/an/a

-US$37m

Jun 30 2019n/an/a

-US$36m

Mar 31 2019n/an/a

-US$34m

Dec 31 2018US$1mUS$399k

-US$27m

Sep 30 2018n/an/a

-US$19m

Jun 30 2018n/an/a

-US$14m

Mar 31 2018n/an/a

-US$11m

Dec 31 2017US$2mUS$430k

-US$8m

Compensation vs Market: Randy's total compensation ($USD2.27M) is about average for companies of similar size in the US market ($USD2.25M).

Compensation vs Earnings: Randy's compensation has increased whilst the company is unprofitable.

CEO

Randy MacEwen (55 yo)

10.2yrs

Tenure

US$2,270,975

Compensation

Mr. R. Randall MacEwen, also known as Randy, serves as Director at Brookfield Renewable Corporation since November 5, 2021 and serves as its Independent Director since 2022. He has been the Chief Executive...

Leadership Team

NamePositionTenureCompensationOwnership
R. MacEwen
CEO, President & Non-Independent Director10.2yrsUS$2.27m0.11%
$ 498.1k
Mark Biznek
Senior VP & COO1.9yrsUS$823.83k0%
$ 0
David Mucciacciaro
Senior VP & Chief Commercial Officer2.6yrsUS$707.81k0.00083%
$ 3.7k
Mircea Gradu
Senior VP & Chief Engineering Officer2.3yrsUS$788.73k0.00053%
$ 2.4k
Kate Igbalode
Senior VP & CFOless than a yearno datano data
Kate Charlton
VP Corporate Finance & Investor Relationsno datano datano data
Kevin Colbow
Senior VP & CTO8.8yrsUS$521.59k0.024%
$ 108.4k
Kerry Hillier
General Counsel & Corporate Secretaryno datano data0.0030%
$ 13.7k
Nicolas Pocard
Vice President of Marketing & Strategic Partnershipsno datano datano data
Sarbjot Sidhu
Senior VP and Chief People & Culture Officer2.2yrsUS$417.75k0.017%
$ 75.9k
Lee Sweetland
Senior VP & Chief Transformation Officerless than a yearno data0.0048%
$ 21.7k
Jesper Themsen
President & CEO of Europe3.8yrsUS$544.63kno data

2.3yrs

Average Tenure

58yo

Average Age

Experienced Management: BLDP's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
R. MacEwen
CEO, President & Non-Independent Director10.2yrsUS$2.27m0.11%
$ 498.1k
Kathleen Bayless
Independent Director3yrsUS$99.81k0.00033%
$ 1.5k
Jacqueline Dedo
Directorless than a yearno datano data
Hubertus Muehlhaeuser
Independent Director3.3yrsUS$114.53kno data
James Roche
Independent Non-Executive Chairman of the Board9.9yrsUS$133.78k0.017%
$ 75.2k
Marty Neese
Independent Director9yrsUS$105.47k0%
$ 0
Douglas Hayhurst
Independent Director12.9yrsUS$114.91k0.0017%
$ 7.5k
Janet Woodruff
Independent Director7.7yrsUS$111.13kno data
Wenmiao Chen
Directorless than a yearno datano data
Yingbo Wang
Directorless than a yearno datano data

5.5yrs

Average Tenure

61.5yo

Average Age

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:41
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

Ballard Power Systems Inc. is covered by 44 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ameet ThakkarBMO Capital Markets Equity Research
Walter Brooks IdletCFRA Equity Research
Hamir PatelCIBC Capital Markets