Porch Group Management
Management criteria checks 3/4
Porch Group's CEO is Matt Ehrlichman, appointed in Dec 2020, has a tenure of 4.08 years. total yearly compensation is $4.27M, comprised of 14.1% salary and 85.9% bonuses, including company stock and options. directly owns 18.72% of the company’s shares, worth $88.69M. The average tenure of the management team and the board of directors is 3.3 years and 3.4 years respectively.
Key information
Matt Ehrlichman
Chief executive officer
US$4.3m
Total compensation
| CEO salary percentage | 14.1% |
| CEO tenure | 4.1yrs |
| CEO ownership | 18.7% |
| Management average tenure | 3.3yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
The Porch Group, Inc. (NASDAQ:PRCH) Analysts Have Been Trimming Their Sales Forecasts
Nov 12
Earnings Beat: Porch Group, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 10Improved Revenues Required Before Porch Group, Inc. (NASDAQ:PRCH) Stock's 67% Jump Looks Justified
Nov 08Are Investors Undervaluing Porch Group, Inc. (NASDAQ:PRCH) By 35%?
Oct 29Porch Group, Inc. (NASDAQ:PRCH) Stock Catapults 37% Though Its Price And Business Still Lag The Industry
Sep 20Shareholders May Not Be So Generous With Porch Group, Inc.'s (NASDAQ:PRCH) CEO Compensation And Here's Why
Jun 06The Market Doesn't Like What It Sees From Porch Group, Inc.'s (NASDAQ:PRCH) Revenues Yet As Shares Tumble 26%
May 11Improved Revenues Required Before Porch Group, Inc. (NASDAQ:PRCH) Stock's 39% Jump Looks Justified
Mar 08Porch Group: A Complicated Tale
Feb 18Porch Group, Inc.'s (NASDAQ:PRCH) Prospects Need A Boost To Lift Shares
Jan 18At US$0.95, Is Porch Group, Inc. (NASDAQ:PRCH) Worth Looking At Closely?
Nov 09Is There An Opportunity With Porch Group, Inc.'s (NASDAQ:PRCH) 35% Undervaluation?
Sep 13Porch Group, Inc.'s (NASDAQ:PRCH) Prospects Need A Boost To Lift Shares
Aug 10Porch Group’s Floify announces technology partnership with National Association of Mortgage Brokers
Sep 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$66m |
| Jun 30 2024 | n/a | n/a | -US$86m |
| Mar 31 2024 | n/a | n/a | -US$109m |
| Dec 31 2023 | US$4m | US$600k | -US$134m |
| Sep 30 2023 | n/a | n/a | -US$167m |
| Jun 30 2023 | n/a | n/a | -US$246m |
| Mar 31 2023 | n/a | n/a | -US$186m |
| Dec 31 2022 | US$14m | US$642k | -US$157m |
| Sep 30 2022 | n/a | n/a | -US$141m |
| Jun 30 2022 | n/a | n/a | -US$62m |
| Mar 31 2022 | n/a | n/a | -US$51m |
| Dec 31 2021 | US$1m | US$450k | -US$107m |
| Sep 30 2021 | n/a | n/a | -US$124m |
| Jun 30 2021 | n/a | n/a | -US$128m |
| Mar 31 2021 | n/a | n/a | -US$118m |
| Dec 31 2020 | US$17m | US$362k | -US$71m |
| Sep 30 2020 | n/a | n/a | -US$54m |
| Jun 30 2020 | n/a | n/a | -US$60m |
| Mar 31 2020 | n/a | n/a | -US$88m |
| Dec 31 2019 | US$3k | US$1 | -US$103m |
Compensation vs Market: Matt's total compensation ($USD4.27M) is above average for companies of similar size in the US market ($USD2.26M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
CEO
Matt Ehrlichman (44 yo)
4.1yrs
Tenure
US$4,266,774
Compensation
Mr. Matthew Ehrlichman, also known as Matt, served as Member of Advisory Board at Watsco Inc. since March 2020 until April 2024. He is the Founder of Porch Group, Inc. and has been its Chief Executive Offi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 4.1yrs | US$4.27m | 18.72% $ 88.7m | |
| Chief Financial Officer | 2.2yrs | US$1.34m | 0.28% $ 1.3m | |
| Chief Operating Officer | 4.4yrs | US$2.41m | 0.95% $ 4.5m | |
| Co-Founder & VP of Homeowner Operations | no data | no data | no data | |
| Senior Vice President of Product & Technology | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Secretary | 4.1yrs | no data | no data | |
| Vice President of People | 2.7yrs | no data | no data | |
| President of InsurTech Division | no data | no data | no data | |
| Head of Contractor Tools SaaS | 3.9yrs | no data | no data | |
| Senior Vice President & Group General Manager of Moving Division | 2.3yrs | no data | no data | |
| President & GM of Floify | 2.7yrs | no data | no data |
3.3yrs
Average Tenure
44yo
Average Age
Experienced Management: PRCH's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 4.1yrs | US$4.27m | 18.72% $ 88.7m | |
| Lead Independent Director | 4.1yrs | US$163.09k | 0.077% $ 366.1k | |
| Independent Director | 3.4yrs | US$132.50k | 0.094% $ 445.7k | |
| Independent Director | 3.4yrs | US$130.00k | 0.033% $ 157.3k | |
| Independent Director | 2.8yrs | US$116.62k | 0.16% $ 752.9k | |
| Independent Director | 4.1yrs | US$157.07k | 0.041% $ 194.6k | |
| Independent Director | 2.3yrs | US$87.52k | 0.023% $ 110.4k | |
| Independent Director | 2.3yrs | US$87.52k | 0.021% $ 101.2k |
3.4yrs
Average Tenure
51yo
Average Age
Experienced Board: PRCH's board of directors are considered experienced (3.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 19:26 |
| End of Day Share Price | 2025/01/08 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
Porch Group, Inc. is covered by 13 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.
| Analyst | Institution |
|---|---|
| Daniel Kurnos | Benchmark Company |
| Justin Ages | Berenberg |
| Joshua Siegler | Cantor Fitzgerald & Co. |