Arq, Inc.

NasdaqGM:ARQ Stock Report

Market Cap: US$150.7m

Arq Management

Management criteria checks 3/4

Arq's CEO is Bob Rasmus, appointed in Jul 2023, has a tenure of 2.33 years. total yearly compensation is $115.39K, comprised of 43.3% salary and 56.7% bonuses, including company stock and options. directly owns 2.53% of the company’s shares, worth $3.81M. The average tenure of the management team and the board of directors is 2.1 years and 2.8 years respectively.

Key information

Bob Rasmus

Chief executive officer

US$115.4k

Total compensation

CEO salary percentage43.33%
CEO tenure2.3yrs
CEO ownership2.5%
Management average tenure2.1yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

Arq: Expansion Into Granular Activated Carbon Continues To Be A Headache - Hold

Nov 10

Revenues Tell The Story For Arq, Inc. (NASDAQ:ARQ) As Its Stock Soars 28%

Aug 22
Revenues Tell The Story For Arq, Inc. (NASDAQ:ARQ) As Its Stock Soars 28%

These 4 Measures Indicate That Arq (NASDAQ:ARQ) Is Using Debt Extensively

Aug 07
These 4 Measures Indicate That Arq (NASDAQ:ARQ) Is Using Debt Extensively
User avatar

Optimizing PAC Business And Launching GAC Will Secure Future Success

Strategic diversification into premium markets and life-of-asset contracts strengthen revenue growth and margin expansion, affirming Arq's market position.

Slammed 29% Arq, Inc. (NASDAQ:ARQ) Screens Well Here But There Might Be A Catch

Apr 09
Slammed 29% Arq, Inc. (NASDAQ:ARQ) Screens Well Here But There Might Be A Catch

Does Arq (NASDAQ:ARQ) Have A Healthy Balance Sheet?

Mar 28
Does Arq (NASDAQ:ARQ) Have A Healthy Balance Sheet?

Arq: Granular Activated Carbon Expansion Project Remains A Headache - Hold

Mar 07

Arq, Inc.'s (NASDAQ:ARQ) 30% Jump Shows Its Popularity With Investors

Nov 22
Arq, Inc.'s (NASDAQ:ARQ) 30% Jump Shows Its Popularity With Investors

Arq: Surprise Equity Offering Raises Questions (Rating Downgrade)

Sep 20

Whether Or Not Trump Wins In November, Arq Is A $10 Stock

Aug 20

4 Reasons To Buy Arq Stock

May 30

Does Arq (NASDAQ:ARQ) Have A Healthy Balance Sheet?

Apr 11
Does Arq (NASDAQ:ARQ) Have A Healthy Balance Sheet?

Arq, Inc.: A Pot Of Gold At The End Of The Rainbow

Mar 18

CEO Compensation Analysis

How has Bob Rasmus's remuneration changed compared to Arq's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

-US$4m

Jun 30 2025n/an/a

-US$2m

Mar 31 2025n/an/a

-US$1m

Dec 31 2024US$115kUS$50k

-US$5m

Sep 30 2024n/an/a

-US$323k

Jun 30 2024n/an/a

-US$4m

Mar 31 2024n/an/a

-US$8m

Dec 31 2023US$1mUS$21k

-US$12m

Compensation vs Market: Bob's total compensation ($USD115.39K) is below average for companies of similar size in the US market ($USD1.53M).

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


CEO

Bob Rasmus (68 yo)

2.3yrs
Tenure
US$115,385
Compensation

Mr. Robert E. Rasmus, also known as Bob, serves as Chief Executive Officer, President & Director at Arq, Inc. (formerly known as Advanced Emissions Solutions, Inc.) since July 17, 2023. He co-founded Hi-Cr...


Leadership Team

NamePositionTenureCompensationOwnership
Robert Rasmus
CEO, President & Director2.3yrsUS$115.39k2.53%
$ 3.8m
Jeremy Williamson
Chief Operating Officer2.2yrsUS$766.92k0.32%
$ 477.6k
Joseph Wong
Chief Technology Officerno dataUS$786.30k0.86%
$ 1.3m
Jay Voncannon
Chief Financial Officerless than a yearno data0.15%
$ 229.5k
Stacia Hansen
Chief Accounting Officer & Principal Financial Officer2yrsno data0.17%
$ 258.4k
Clay Smith
General Counsel & Secretaryno datano data0.19%
$ 291.0k
Lorraine Lang
Vice President of Human Resourcesno datano datano data
2.1yrs
Average Tenure
51.5yo
Average Age

Experienced Management: ARQ's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Rasmus
CEO, President & Director2.3yrsUS$115.39k2.53%
$ 3.8m
Carol Eicher
Independent Director6.8yrsUS$185.67k0.23%
$ 340.7k
Jeremy Blank
Director2.8yrsUS$185.84k4.84%
$ 7.3m
Richard Campbell-Breeden
Independent Chairman2.8yrsUS$195.84k0.80%
$ 1.2m
Julian McIntyre
Independent Director2.8yrsUS$158.17k7.61%
$ 11.5m
Laurie Bergman
Independent Director2.4yrsUS$183.17k0.12%
$ 182.5k
2.8yrs
Average Tenure
56.5yo
Average Age

Experienced Board: ARQ's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/16 13:13
End of Day Share Price 2025/11/14 00:00
Earnings2025/09/30
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

Arq, Inc. is covered by 6 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
George GianarikasCanaccord Genuity
Aaron SpychallaCraig-Hallum Capital Group LLC
Lars ChristensenFearnley Securities