Sunnova Energy International Inc.

NYSE:NOVA Stock Report

Market Cap: US$499.8m

Sunnova Energy International Management

Management criteria checks 1/4

Sunnova Energy International's CEO is John Berger, appointed in Apr 2019, has a tenure of 5.67 years. total yearly compensation is $5.87M, comprised of 10.6% salary and 89.4% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth $1.73M. The average tenure of the management team and the board of directors is 1.8 years and 4.1 years respectively.

Key information

John Berger

Chief executive officer

US$5.9m

Total compensation

CEO salary percentage10.6%
CEO tenure5.7yrs
CEO ownership0.3%
Management average tenure1.8yrs
Board average tenure4.1yrs

Recent management updates

Recent updates

Sunnova: Skyrocketing Debt Fuels Growth, But Margins Remain Under Pressure

Nov 01

Sunnova Energy: Good Q2, But Highly Leveraged On Debt

Aug 01

Earnings Update: Sunnova Energy International Inc. (NYSE:NOVA) Just Reported And Analysts Are Trimming Their Forecasts

May 04
Earnings Update: Sunnova Energy International Inc. (NYSE:NOVA) Just Reported And Analysts Are Trimming Their Forecasts

Sunnova: Awaiting Financial Enhancement

Mar 01

Sunnova: Top Pick In The Residential Solar Market

Dec 28

Sunnova: Strong Customer Growth Trend Makes It A Buy

Dec 22

Sunnova Energy International: A Potential Further Downside On Weak Fundamentals

Oct 17

Sunnova Energy International: Potentially Unsustainable Business Model

Jul 31

Sunnova: Not Yet Time To Buy Solar Even As The Renewable Energy Runs Hot

Jun 16

An Intrinsic Calculation For Sunnova Energy International Inc. (NYSE:NOVA) Suggests It's 24% Undervalued

May 12
An Intrinsic Calculation For Sunnova Energy International Inc. (NYSE:NOVA) Suggests It's 24% Undervalued

New Forecasts: Here's What Analysts Think The Future Holds For Sunnova Energy International Inc. (NYSE:NOVA)

Mar 01
New Forecasts: Here's What Analysts Think The Future Holds For Sunnova Energy International Inc. (NYSE:NOVA)

Franklin home power storage solution to be part of Sunnova's Energy as a service portfolio

Feb 10

Is Sunnova Energy International (NYSE:NOVA) Using Too Much Debt?

Jan 14
Is Sunnova Energy International (NYSE:NOVA) Using Too Much Debt?

Sunnova Energy: A Bearish Setup Ahead Of Earnings And November Analyst Day

Oct 17

Is Sunnova Energy International (NYSE:NOVA) A Risky Investment?

Oct 03
Is Sunnova Energy International (NYSE:NOVA) A Risky Investment?

Sunnova Energy International Inc. (NYSE:NOVA) Shares Could Be 35% Below Their Intrinsic Value Estimate

Sep 06
Sunnova Energy International Inc. (NYSE:NOVA) Shares Could Be 35% Below Their Intrinsic Value Estimate

Sunnova Energy International prices upsized $500M of debt offering

Aug 17

Sunnova Energy: A Ray Of Legislative Sunshine

Aug 04

CEO Compensation Analysis

How has John Berger's remuneration changed compared to Sunnova Energy International's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$413m

Jun 30 2024n/an/a

-US$354m

Mar 31 2024n/an/a

-US$407m

Dec 31 2023US$6mUS$621k

-US$418m

Sep 30 2023n/an/a

-US$251m

Jun 30 2023n/an/a

-US$253m

Mar 31 2023n/an/a

-US$208m

Dec 31 2022US$5mUS$521k

-US$162m

Sep 30 2022n/an/a

-US$155m

Jun 30 2022n/an/a

-US$118m

Mar 31 2022n/an/a

-US$140m

Dec 31 2021US$1mUS$450k

-US$138m

Sep 30 2021n/an/a

-US$216m

Jun 30 2021n/an/a

-US$252m

Mar 31 2021n/an/a

-US$214m

Dec 31 2020US$2mUS$450k

-US$252m

Sep 30 2020n/an/a

-US$178m

Jun 30 2020n/an/a

-US$151m

Mar 31 2020n/an/a

-US$189m

Dec 31 2019US$14mUS$435k

-US$169m

Sep 30 2019n/an/a

-US$205m

Jun 30 2019n/an/a

-US$185m

Mar 31 2019n/an/a

-US$145m

Dec 31 2018US$2mUS$425k

-US$136m

Dec 31 2017US$914kUS$425k

-US$121m

Compensation vs Market: John's total compensation ($USD5.87M) is above average for companies of similar size in the US market ($USD2.10M).

Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.


CEO

John Berger (50 yo)

5.7yrs

Tenure

US$5,865,040

Compensation

Mr. William Jackson Berger, also known as John, serves as Chief Executive Officer, President and Chairman of the Board of Sunnova Energy Corp since 2012. Mr. Berger founded Sunnova Energy Corporation in 20...


Leadership Team

NamePositionTenureCompensationOwnership
William Berger
Chairman5.7yrsUS$5.87m0.35%
$ 1.7m
Paul Mathews
Executive VP & COOless than a yearUS$2.08m0.011%
$ 56.0k
David Searle
Executive VP1.8yrsUS$2.11m0.013%
$ 66.0k
Michael Grasso
Executive VP & Chief Revenue Officer1.8yrsUS$3.16m0.054%
$ 270.3k
Eric Williams
Executive VP & CFOless than a yearno data0.011%
$ 55.2k
Rodney McMahan
Vice President of Investor Relationsno datano datano data
Jackson Lynch
Executive VP & Chief Human Resources Officer1.6yrsno datano data
Walter Baker
Senior Vice President of Legal1.8yrsUS$1.64m0.13%
$ 660.3k
Meghan Nutting
Executive Vice President of Government & Regulatory Affairs3.6yrsno data0.045%
$ 223.4k
Margaret Fitzgerald
Senior VPno datano datano data

1.8yrs

Average Tenure

49yo

Average Age

Experienced Management: NOVA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
William Berger
Chairman5.7yrsUS$5.87m0.35%
$ 1.7m
C. Shaper
Independent Director9.2yrsUS$199.46k0.015%
$ 76.5k
Jeremy Thigpen
Independent Directorless than a yearno datano data
Corbin Robertson
Independent Directorless than a yearno data0.096%
$ 480.2k
Nora Brownell
Independent Director4.2yrsUS$215.08k0.028%
$ 141.2k
Akbar Mohamed
Independent Director4yrsUS$197.11k0.32%
$ 1.6m
Anne Andrew
Lead Independent Director5.2yrsUS$206.95k0.058%
$ 288.0k
Mary Yang
Independent Director3.2yrsUS$192.34k0.014%
$ 71.4k

4.1yrs

Average Tenure

55yo

Average Age

Experienced Board: NOVA's board of directors are considered experienced (4.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 06:25
End of Day Share Price 2024/12/17 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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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 .

Analyst Sources

Sunnova Energy International Inc. is covered by 38 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin KalloBaird
Moses SuttonBarclays
Christine ChoBarclays