Monro Management
Management criteria checks 4/4
Monro's CEO is Mike Broderick, appointed in Apr 2021, has a tenure of 3.67 years. total yearly compensation is $1.65M, comprised of 46.8% salary and 53.2% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth $2.11M. The average tenure of the management team and the board of directors is 2.9 years and 7.3 years respectively.
Key information
Mike Broderick
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 46.8% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.9yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Monro (NASDAQ:MNRO) Has A Somewhat Strained Balance Sheet
Dec 18
Monro (NASDAQ:MNRO) Has Affirmed Its Dividend Of $0.28
Nov 26Should You Investigate Monro, Inc. (NASDAQ:MNRO) At US$26.77?
Nov 21Monro, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 02Be Wary Of Monro (NASDAQ:MNRO) And Its Returns On Capital
Sep 25An Intrinsic Calculation For Monro, Inc. (NASDAQ:MNRO) Suggests It's 27% Undervalued
Sep 09Monro (NASDAQ:MNRO) Will Pay A Dividend Of $0.28
Aug 22Monro: Collect The Dividend Until The Tires Need A Change
Aug 12Should You Think About Buying Monro, Inc. (NASDAQ:MNRO) Now?
Jun 21Monro: Market Conditions Are Improving But Still A Risky Investment
Jun 04Monro (NASDAQ:MNRO) Will Pay A Dividend Of $0.28
May 26The Price Is Right For Monro, Inc. (NASDAQ:MNRO) Even After Diving 25%
May 24Monro, Inc.'s (NASDAQ:MNRO) Intrinsic Value Is Potentially 54% Above Its Share Price
May 23Capital Allocation Trends At Monro (NASDAQ:MNRO) Aren't Ideal
Apr 27Monro (NASDAQ:MNRO) Has Affirmed Its Dividend Of $0.28
Mar 01There May Be Reason For Hope In Monro's (NASDAQ:MNRO) Disappointing Earnings
Jan 31A Look At The Fair Value Of Monro, Inc. (NASDAQ:MNRO)
Jan 25Monro's (NASDAQ:MNRO) Returns On Capital Not Reflecting Well On The Business
Dec 15Monro (NASDAQ:MNRO) Is Due To Pay A Dividend Of $0.28
Dec 02Is Monro (NASDAQ:MNRO) A Risky Investment?
Oct 23When Should You Buy Monro, Inc. (NASDAQ:MNRO)?
Sep 27Be Wary Of Monro (NASDAQ:MNRO) And Its Returns On Capital
Sep 08Monro (NASDAQ:MNRO) Has Affirmed Its Dividend Of $0.28
Aug 13Monro's (NASDAQ:MNRO) Dividend Will Be $0.28
May 23Is Monro, Inc. (NASDAQ:MNRO) Potentially Undervalued?
May 19Monro's (NASDAQ:MNRO) Returns On Capital Not Reflecting Well On The Business
Apr 25Monro, Inc. (NASDAQ:MNRO) Shares Could Be 36% Below Their Intrinsic Value Estimate
Jan 24What Does Monro, Inc.'s (NASDAQ:MNRO) Share Price Indicate?
Sep 28Investors Could Be Concerned With Monro's (NASDAQ:MNRO) Returns On Capital
Sep 13Does Monro (NASDAQ:MNRO) Have A Healthy Balance Sheet?
Aug 31Monro declares $0.28 dividend
Aug 19Monro Non-GAAP EPS of $0.42 beats by $0.06, revenue of $349.54M beats by $3.29M
Jul 27A Look At The Fair Value Of Monro, Inc. (NASDAQ:MNRO)
Jul 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$26m |
| Jun 29 2024 | n/a | n/a | US$33m |
| Mar 30 2024 | US$2m | US$773k | US$36m |
| Dec 23 2023 | n/a | n/a | US$33m |
| Sep 23 2023 | n/a | n/a | US$34m |
| Jun 24 2023 | n/a | n/a | US$35m |
| Mar 25 2023 | US$2m | US$714k | US$39m |
| Dec 24 2022 | n/a | n/a | US$47m |
| Sep 24 2022 | n/a | n/a | US$50m |
| Jun 25 2022 | n/a | n/a | US$58m |
| Mar 26 2022 | US$4m | US$696k | US$61m |
Compensation vs Market: Mike's total compensation ($USD1.65M) is below average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Broderick (56 yo)
3.7yrs
Tenure
US$1,652,413
Compensation
Mr. Michael T. Broderick, also known as Mike, has been President and Chief Executive Officer at Monro, Inc. since April 5, 2021. He is a Director of Monro, Inc. since 2021. Mr. Broderick was an Executive V...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.7yrs | US$1.65m | 0.28% $ 2.1m | |
| Executive VP of Finance | 7.9yrs | US$1.19m | 0.057% $ 427.1k | |
| Senior VP & Chief Information Officer | 2.1yrs | US$545.65k | 0.017% $ 128.5k | |
| Executive VP | 21.2yrs | US$982.57k | 0.017% $ 130.3k | |
| Vice President of Finance & Operations | less than a year | no data | 0.0051% $ 37.9k | |
| Vice President of Marketing | no data | no data | no data | |
| Vice President of Human Resources | less than a year | no data | no data |
2.9yrs
Average Tenure
54yo
Average Age
Experienced Management: MNRO's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.9yrs | US$1.65m | 0.28% $ 2.1m | |
| Independent Director | 11.3yrs | US$285.23k | 0.079% $ 587.7k | |
| Independent Director | 40.4yrs | US$208.48k | 0.59% $ 4.4m | |
| Independent Chairman | 14.7yrs | US$299.73k | 0.13% $ 943.5k | |
| Independent Director | 4.3yrs | US$221.35k | 0.051% $ 380.4k | |
| Independent Director | 1.8yrs | US$1.00k | 0.029% $ 216.1k | |
| Independent Director | less than a year | no data | 0.016% $ 122.8k | |
| Independent Director | 7.3yrs | US$185.99k | 0.056% $ 416.2k | |
| Independent Director | 7.3yrs | US$235.48k | 0.075% $ 557.9k |
7.3yrs
Average Tenure
61yo
Average Age
Experienced Board: MNRO's board of directors are considered experienced (7.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 06:53 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2024/03/30 |
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
Monro, Inc. is covered by 23 analysts. 6 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 |
|---|---|
| Bret Jordan | Avondale Partners |
| Jonathan Lamers | BMO Capital Markets Equity Research |
| Ali-Ahmad Faghri | CRT Capital Group |