FIGS Management
Management criteria checks 0/4
FIGS' CEO is Trina Spear, appointed in Aug 2022, has a tenure of 2.33 years. total yearly compensation is $8.39M, comprised of 11.9% salary and 88.1% bonuses, including company stock and options. directly owns 3.82% of the company’s shares, worth $37.30M. The average tenure of the management team and the board of directors is 1.8 years and 2.7 years respectively.
Key information
Trina Spear
Chief executive officer
US$8.4m
Total compensation
| CEO salary percentage | 11.9% |
| CEO tenure | 2.3yrs |
| CEO ownership | 3.8% |
| Management average tenure | 1.8yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
FIGS: Enter A White Knight?
Dec 12FIGS Back To Q1 Prices, But The Name Is Still A Hold
Nov 13The Price Is Right For FIGS, Inc. (NYSE:FIGS) Even After Diving 26%
Nov 10
FIGS (NYSE:FIGS) May Have Issues Allocating Its Capital
Oct 18If EPS Growth Is Important To You, FIGS (NYSE:FIGS) Presents An Opportunity
Oct 03FIGS, Inc.: Growth Potentially Inflecting Upwards
Oct 03At US$5.61, Is FIGS, Inc. (NYSE:FIGS) Worth Looking At Closely?
Sep 18FIGS Q2 2024 Shows Growth At The Expense Of Margins. The Stock Is Still Overpriced
Sep 05FIGS, Inc. (NYSE:FIGS) Shares Could Be 32% Below Their Intrinsic Value Estimate
Aug 06Capital Allocation Trends At FIGS (NYSE:FIGS) Aren't Ideal
Jul 19FIGS, Inc.'s (NYSE:FIGS) Price Is Out Of Tune With Earnings
Jul 01We Think FIGS' (NYSE:FIGS) Robust Earnings Are Conservative
May 21FIGS' Recent Rally Is Not Justified By Fundamentals, The Stock Is Still A Hold
May 19FIGS: Risks Present But Also Upside On Execution
Apr 12There's Been No Shortage Of Growth Recently For FIGS' (NYSE:FIGS) Returns On Capital
Apr 03FIGS: Premium Medical Apparel Company; Wait For Reacceleration In Growth
Feb 21Should You Investigate FIGS, Inc. (NYSE:FIGS) At US$5.88?
Feb 05FIGS: Entering 2024 On Better Footing
Jan 26Does This Valuation Of FIGS, Inc. (NYSE:FIGS) Imply Investors Are Overpaying?
Dec 24Be Wary Of FIGS (NYSE:FIGS) And Its Returns On Capital
Nov 14FIGS, Inc.: Strong Q3 2023 Results Resulting In Bottom Line Expansion
Nov 11What Does FIGS, Inc.'s (NYSE:FIGS) Share Price Indicate?
Oct 24A Look At The Intrinsic Value Of FIGS, Inc. (NYSE:FIGS)
Sep 08FIGS: Decelerating Growth A Cause For Concern
Sep 04FIGS (NYSE:FIGS) Is Reinvesting At Lower Rates Of Return
Aug 12FIGS: Promising Q2, But Wait For 1-2 Quarters Before Affirming The Trend
Aug 12At US$8.27, Is It Time To Put FIGS, Inc. (NYSE:FIGS) On Your Watch List?
Jul 01FIGS: Mixed Outlook Warrants A Cautious Approach
Jun 01FIGS (NYSE:FIGS) Will Be Hoping To Turn Its Returns On Capital Around
May 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$11m |
| Jun 30 2024 | n/a | n/a | US$19m |
| Mar 31 2024 | n/a | n/a | US$22m |
| Dec 31 2023 | US$8m | US$1m | US$23m |
| Sep 30 2023 | n/a | n/a | US$16m |
| Jun 30 2023 | n/a | n/a | US$14m |
| Mar 31 2023 | n/a | n/a | US$14m |
| Dec 31 2022 | US$1m | US$1m | US$21m |
| Sep 30 2022 | n/a | n/a | US$30m |
| Jun 30 2022 | n/a | n/a | US$33m |
| Mar 31 2022 | n/a | n/a | -US$12m |
| Dec 31 2021 | US$13m | US$852k | -US$10m |
| Sep 30 2021 | n/a | n/a | -US$10m |
| Jun 30 2021 | n/a | n/a | US$2m |
| Mar 31 2021 | n/a | n/a | US$57m |
| Dec 31 2020 | US$40m | US$456k | US$50m |
Compensation vs Market: Trina's total compensation ($USD8.39M) is above average for companies of similar size in the US market ($USD3.24M).
Compensation vs Earnings: Trina's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Trina Spear (41 yo)
2.3yrs
Tenure
US$8,388,335
Compensation
Ms. Catherine Spear, also known as Trina, serves as Independent Director at Amer Sports, Inc. since 2024. She was a Director at One from August 2020 to July 2021. She is the Co-Founder of FIGS, Inc. and se...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 11.9yrs | US$351.00 | 1.82% $ 17.8m | |
| Co-Founder | 2.3yrs | US$8.39m | 3.82% $ 37.3m | |
| Chief Operating Officer | 1.8yrs | no data | no data | |
| Chief Technology Officer | 1.3yrs | no data | no data | |
| Senior Vice President of Investor Relations | less than a year | no data | no data | |
| Chief Legal Officer & Secretary | no data | no data | no data | |
| Chief Global Product & Sustainability Officer | 2.8yrs | no data | no data | |
| Chief Business Development Officer | 1.8yrs | no data | no data |
1.8yrs
Average Tenure
Experienced Management: FIGS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 11.9yrs | US$351.00 | 1.82% $ 17.8m | |
| Co-Founder | 11.9yrs | US$8.39m | 3.82% $ 37.3m | |
| Independent Director | 2.7yrs | US$200.01k | 0.55% $ 5.3m | |
| Independent Director | 2.7yrs | US$211.20k | 0.091% $ 888.7k | |
| Lead Independent Director | 2.7yrs | US$210.01k | 0.052% $ 510.0k | |
| Independent Director | 3.6yrs | US$205.01k | 0.025% $ 245.3k | |
| Director | 1.1yrs | US$98.30k | 0.0077% $ 75.0k | |
| Director | 5.8yrs | US$217.51k | 1.88% $ 18.3m | |
| Member of Healthcare Advisory Board | 2.7yrs | no data | no data | |
| Member of Healthcare Advisory Board | 2.7yrs | no data | no data | |
| Member of Healthcare Advisory Board | 2.7yrs | no data | no data | |
| Member of Healthcare Advisory Board | 2.7yrs | no data | no data |
2.7yrs
Average Tenure
50.5yo
Average Age
Experienced Board: FIGS's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 15:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
FIGS, Inc. is covered by 18 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adrienne Yih-Tennant | Barclays |
| Lorraine Corrine Hutchinson | BofA Global Research |
| Alice Xiao | BofA Global Research |