In 2013 Howard Schwimmer was appointed CEO of Rexford Industrial Realty, Inc. (NYSE:REXR). First, this article will compare CEO compensation with compensation at similar sized companies. Then we’ll look at a snap shot of the business growth. And finally – as a second measure of performance – we will look at the returns shareholders have received over the last few years. This process should give us an idea about how appropriately the CEO is paid.
How Does Howard Schwimmer’s Compensation Compare With Similar Sized Companies?
According to our data, Rexford Industrial Realty, Inc. has a market capitalization of US$2.8b, and pays its CEO total annual compensation worth US$3.8m. (This figure is for the year to 2017). While this analysis focuses on total compensation, it’s worth noting the salary is lower, valued at US$550k. We looked at a group of companies with market capitalizations from US$2.0b to US$6.4b, and the median CEO compensation was US$5.2m.
So Howard Schwimmer receives a similar amount to the median CEO pay, amongst the companies we looked at. This doesn’t tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context. So this free report on the analyst consensus forecasts could help you make a master move on this stock.
You can see, below, how CEO compensation at Rexford Industrial Realty has changed over time.
Is Rexford Industrial Realty, Inc. Growing?
On average over the last three years, Rexford Industrial Realty, Inc. has grown earnings per share (EPS) by 51% each year. In the last year, its revenue is up 36%.
This demonstrates that the company has been improving recently. A good result. The combination of strong revenue growth with medium-term earnings per share improvement certainly points to the kind of growth I like to see.
Has Rexford Industrial Realty, Inc. Been A Good Investment?
I think that the total shareholder return of 91%, over three years, would leave most Rexford Industrial Realty, Inc. shareholders smiling. This strong performance might mean some shareholders don’t mind if the CEO is paid more than is normal for a company of its size.
Howard Schwimmer is paid around the same as most CEOs of similar size companies.
Few would be critical of the leadership, since returns have been juicy and earnings per share are moving in the right direction. Indeed, many might consider the pay rather modest, given the solid company performance! So you may want to check if insiders are buying Rexford Industrial Realty shares with their own money (free access).
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at firstname.lastname@example.org.