Gulf Island Fabrication, Inc.

NasdaqGS:GIFI Stock Report

Market Cap: US$111.4m

Gulf Island Fabrication Management

Management criteria checks 3/4

Gulf Island Fabrication's CEO is Richard Heo, appointed in Nov 2019, has a tenure of 5.17 years. total yearly compensation is $1.85M, comprised of 26.3% salary and 73.7% bonuses, including company stock and options. directly owns 3.77% of the company’s shares, worth $4.19M. The average tenure of the management team and the board of directors is 4 years and 6.2 years respectively.

Key information

Richard Heo

Chief executive officer

US$1.9m

Total compensation

CEO salary percentage26.3%
CEO tenure5.2yrs
CEO ownership3.8%
Management average tenure4yrs
Board average tenure6.2yrs

Recent management updates

Shareholders Will Probably Hold Off On Increasing Gulf Island Fabrication, Inc.'s (NASDAQ:GIFI) CEO Compensation For The Time Being

May 10
Shareholders Will Probably Hold Off On Increasing Gulf Island Fabrication, Inc.'s (NASDAQ:GIFI) CEO Compensation For The Time Being

Recent updates

Market Might Still Lack Some Conviction On Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Even After 26% Share Price Boost

Nov 12
Market Might Still Lack Some Conviction On Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Even After 26% Share Price Boost

Does Gulf Island Fabrication (NASDAQ:GIFI) Have A Healthy Balance Sheet?

Nov 07
Does Gulf Island Fabrication (NASDAQ:GIFI) Have A Healthy Balance Sheet?

Not Many Are Piling Into Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Just Yet

Aug 08
Not Many Are Piling Into Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Just Yet

Gulf Island Fabrication: Turnaround Complete, Market Still Late To The Party

Jun 03

Shareholders Will Probably Hold Off On Increasing Gulf Island Fabrication, Inc.'s (NASDAQ:GIFI) CEO Compensation For The Time Being

May 10
Shareholders Will Probably Hold Off On Increasing Gulf Island Fabrication, Inc.'s (NASDAQ:GIFI) CEO Compensation For The Time Being

Is Gulf Island Fabrication (NASDAQ:GIFI) Using Too Much Debt?

Apr 09
Is Gulf Island Fabrication (NASDAQ:GIFI) Using Too Much Debt?

Gulf Island Fabrication, Inc.'s (NASDAQ:GIFI) Share Price Could Signal Some Risk

Mar 01
Gulf Island Fabrication, Inc.'s (NASDAQ:GIFI) Share Price Could Signal Some Risk

Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Looks Inexpensive But Perhaps Not Attractive Enough

Oct 10
Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Looks Inexpensive But Perhaps Not Attractive Enough

Is Gulf Island Fabrication (NASDAQ:GIFI) Weighed On By Its Debt Load?

Oct 06
Is Gulf Island Fabrication (NASDAQ:GIFI) Weighed On By Its Debt Load?

Gulf island awarded fabrication contract in Gulf of Mexico

Sep 08

Gulf Island Fabrication: Major Potential Catalyst Revealed In Q2 Earnings Call

Aug 16

Gulf Island Fabrication GAAP EPS of $0.03 beats by $0.17, revenue of $35.9M beats by $15.32M

Aug 09

Gulf Island Fabrication: 3 Catalysts For A Successful 2022

Mar 14

Gulf Island Fabrication: The Turnaround Continues

Apr 26

Is Gulf Island Fabrication (NASDAQ:GIFI) Using Debt In A Risky Way?

Mar 01
Is Gulf Island Fabrication (NASDAQ:GIFI) Using Debt In A Risky Way?

Gulf Island Fabrication's (NASDAQ:GIFI) Shareholders Are Down 73% On Their Shares

Jan 25
Gulf Island Fabrication's (NASDAQ:GIFI) Shareholders Are Down 73% On Their Shares

Read This Before Selling Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Shares

Dec 21
Read This Before Selling Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Shares

CEO Compensation Analysis

How has Richard Heo's remuneration changed compared to Gulf Island Fabrication's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$18m

Jun 30 2024n/an/a

-US$18m

Mar 31 2024n/an/a

-US$19m

Dec 31 2023US$2mUS$487k

-US$24m

Sep 30 2023n/an/a

-US$31m

Jun 30 2023n/an/a

US$3m

Mar 31 2023n/an/a

US$2m

Dec 31 2022US$2mUS$469k

-US$3m

Sep 30 2022n/an/a

-US$10m

Jun 30 2022n/an/a

-US$5m

Mar 31 2022n/an/a

-US$7m

Dec 31 2021US$2mUS$394k

-US$5m

Sep 30 2021n/an/a

-US$10m

Jun 30 2021n/an/a

-US$20m

Mar 31 2021n/an/a

-US$23m

Dec 31 2020US$2mUS$406k

-US$14m

Sep 30 2020n/an/a

-US$37m

Jun 30 2020n/an/a

-US$39m

Mar 31 2020n/an/a

-US$40m

Dec 31 2019US$1mUS$64k

-US$49m

Compensation vs Market: Richard's total compensation ($USD1.85M) is above average for companies of similar size in the US market ($USD649.25K).

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

CEO

Richard Heo (54 yo)

5.2yrs

Tenure

US$1,852,632

Compensation

Mr. Richard W. Heo has been President, Chief Executive Officer and Director of Gulf Island Fabrication, Inc. since November 14, 2019 and also serves as its Chairman since November 30, 2024. Mr. Heo served...

Leadership Team

NamePositionTenureCompensationOwnership
Richard Heo
President5.2yrsUS$1.85m3.77%
$ 4.2m
Westley Stockton
Executive VP6.3yrsUS$1.07m2.19%
$ 2.4m
James Morvant
Senior Vice President of Operations2.8yrsUS$481.65k0.57%
$ 633.3k
Matthew Oubre
Senior Vice President of Commercial2.8yrsno data0.24%
$ 262.2k

4.0yrs

Average Tenure

52.5yo

Average Age

Experienced Management: GIFI's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Richard Heo
President5.2yrsUS$1.85m3.77%
$ 4.2m
Jay Troger
Independent Director1.7yrsUS$70.54k0.049%
$ 54.5k
William Chiles
Independent Director10.8yrsUS$126.90k0.30%
$ 336.1k
Cheryl Richard
Independent Director6.3yrsUS$95.98k0.12%
$ 137.1k
Robert Averick
Lead Independent Director6.2yrsUS$99.52k0.16%
$ 177.1k
Michael Keeffe
Independent Director10.8yrsUS$105.52k0.19%
$ 211.7k

6.2yrs

Average Tenure

67.5yo

Average Age

Experienced Board: GIFI's board of directors are considered experienced (6.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 06:49
End of Day Share Price 2025/01/02 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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Industry and Sector Metrics

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Analyst Sources

Gulf Island Fabrication, Inc. is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert NorfleetBB&T Capital Markets
Randy BhatiaCapital One Securities, Inc.
Martin MalloyJohnson Rice & Company, L.L.C.