Unitil Management
Management criteria checks 2/4
Unitil's CEO is Tom Meissner, appointed in Apr 2018, has a tenure of 6.75 years. total yearly compensation is $2.63M, comprised of 25.8% salary and 74.2% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth $6.13M. The average tenure of the management team and the board of directors is 1.7 years and 6 years respectively.
Key information
Tom Meissner
Chief executive officer
US$2.6m
Total compensation
| CEO salary percentage | 25.8% |
| CEO tenure | 6.8yrs |
| CEO ownership | 0.7% |
| Management average tenure | 1.7yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Unitil (NYSE:UTL) Seems To Be Using A Lot Of Debt
Dec 19
Some Confidence Is Lacking In Unitil Corporation's (NYSE:UTL) P/E
Oct 17With EPS Growth And More, Unitil (NYSE:UTL) Makes An Interesting Case
Sep 17Does Unitil (NYSE:UTL) Have A Healthy Balance Sheet?
Jul 15Estimating The Fair Value Of Unitil Corporation (NYSE:UTL)
May 29Increases to Unitil Corporation's (NYSE:UTL) CEO Compensation Might Cool off for now
Apr 25Unitil: Strong Dividend Growth And Clean Energy Projects Make It Attractive
Feb 21Unitil (NYSE:UTL) Seems To Be Using A Lot Of Debt
Jan 12Unitil (NYSE:UTL) Has More To Do To Multiply In Value Going Forward
Sep 29Unitil Corporation: Conservative Play With EPS Growth Expected, And Undervalued
Aug 09New Forecasts: Here's What One Analyst Thinks The Future Holds For Unitil Corporation (NYSE:UTL)
Aug 04With EPS Growth And More, Unitil (NYSE:UTL) Makes An Interesting Case
May 31Broker Revenue Forecasts For Unitil Corporation (NYSE:UTL) Are Surging Higher
May 07Unitil (NYSE:UTL) Has Announced That It Will Be Increasing Its Dividend To $0.405
May 04Unitil (NYSE:UTL) Has Some Way To Go To Become A Multi-Bagger
Mar 30Unitil reports FY results
Feb 14Unitil's (NYSE:UTL) Upcoming Dividend Will Be Larger Than Last Year's
Jan 29Returns On Capital At Unitil (NYSE:UTL) Paint A Concerning Picture
Oct 28Unitil declares $0.39 dividend
Oct 26Calculating The Fair Value Of Unitil Corporation (NYSE:UTL)
Oct 06Unitil Non-GAAP EPS of $0.30 beats by $0.05, revenue of $98.9M beats by $1.36M
Aug 02Unitil (NYSE:UTL) Takes On Some Risk With Its Use Of Debt
Jun 29A Look At The Fair Value Of Unitil Corporation (NYSE:UTL)
Jun 14Slowing Rates Of Return At Unitil (NYSE:UTL) Leave Little Room For Excitement
May 25We Think Unitil (NYSE:UTL) Is Taking Some Risk With Its Debt
Mar 04A Look At The Intrinsic Value Of Unitil Corporation (NYSE:UTL)
Feb 16Unitil's (NYSE:UTL) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 31Unitil (NYSE:UTL) Is Due To Pay A Dividend Of US$0.38
Nov 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$47m |
| Jun 30 2024 | n/a | n/a | US$48m |
| Mar 31 2024 | n/a | n/a | US$48m |
| Dec 31 2023 | US$3m | US$678k | US$45m |
| Sep 30 2023 | n/a | n/a | US$44m |
| Jun 30 2023 | n/a | n/a | US$43m |
| Mar 31 2023 | n/a | n/a | US$44m |
| Dec 31 2022 | US$1m | US$645k | US$41m |
| Sep 30 2022 | n/a | n/a | US$41m |
| Jun 30 2022 | n/a | n/a | US$41m |
| Mar 31 2022 | n/a | n/a | US$39m |
| Dec 31 2021 | US$2m | US$620k | US$36m |
| Sep 30 2021 | n/a | n/a | US$35m |
| Jun 30 2021 | n/a | n/a | US$35m |
| Mar 31 2021 | n/a | n/a | US$36m |
| Dec 31 2020 | US$4m | US$598k | US$32m |
| Sep 30 2020 | n/a | n/a | US$30m |
| Jun 30 2020 | n/a | n/a | US$32m |
| Mar 31 2020 | n/a | n/a | US$33m |
| Dec 31 2019 | US$4m | US$572k | US$44m |
| Sep 30 2019 | n/a | n/a | US$44m |
| Jun 30 2019 | n/a | n/a | US$44m |
| Mar 31 2019 | n/a | n/a | US$44m |
| Dec 31 2018 | US$2m | US$488k | US$33m |
Compensation vs Market: Tom's total compensation ($USD2.63M) is about average for companies of similar size in the US market ($USD3.22M).
Compensation vs Earnings: Tom's compensation has increased by more than 20% in the past year.
CEO
Tom Meissner (62 yo)
6.8yrs
Tenure
US$2,625,890
Compensation
Mr. Thomas P. Meissner, Jr., also known as Tom, had been Chairman and Chief Executive Officer of Unitil Corporation since April 25, 2018 was President from April 25, 2018 until May 01, 2023. Mr. Meissner s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.8yrs | US$2.63m | 0.73% $ 6.1m | |
| President & Chief Administrative Officer | 1.7yrs | US$1.09m | 0.12% $ 1.0m | |
| Senior VP | 1.7yrs | US$661.34k | 0.062% $ 519.2k | |
| VP & CTO | 3.7yrs | US$710.54k | 0.095% $ 804.0k | |
| Senior Vice President of Gas Operations | no data | US$709.81k | 0.11% $ 931.4k | |
| Chief Accounting Officer | 1.7yrs | no data | 0.024% $ 205.8k | |
| Senior Vice President of External Affairs & Chief Customer Officer | less than a year | no data | no data | |
| Senior Vice President of Electric Operations | less than a year | no data | no data | |
| Corporate Secretary | 21.9yrs | no data | 0.023% $ 190.0k | |
| Vice President of Administration - Unitil Service | 21.9yrs | US$728.26k | no data | |
| Vice President of Finance and Regulatory | no data | no data | no data |
1.7yrs
Average Tenure
59yo
Average Age
Experienced Management: UTL's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.8yrs | US$2.63m | 0.73% $ 6.1m | |
| Independent Director | 6yrs | US$421.48k | 0.35% $ 2.9m | |
| Independent Lead Director | 23.6yrs | US$186.23k | 0.034% $ 287.6k | |
| Independent Director | 23yrs | US$159.76k | 0.082% $ 691.2k | |
| Independent Director | 12.1yrs | US$170.26k | 0.053% $ 447.2k | |
| Independent Director | 5yrs | US$170.26k | 0.033% $ 275.0k | |
| Director | less than a year | no data | 0.0017% $ 14.7k | |
| Independent Director | 1.8yrs | US$101.87k | 0.0079% $ 66.3k | |
| Independent Director | 6yrs | US$159.76k | 0.060% $ 504.4k | |
| Independent Director | 6yrs | US$170.26k | 0.060% $ 504.4k | |
| Independent Director | 2.3yrs | US$152.76k | 0.023% $ 196.5k |
6.0yrs
Average Tenure
62yo
Average Age
Experienced Board: UTL's board of directors are considered experienced (6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 03:35 |
| End of Day Share Price | 2025/01/30 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
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Analyst Sources
Unitil Corporation is covered by 8 analysts. 2 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 |
|---|---|
| David Parker | Baird |
| Julien Dumoulin-Smith | BofA Global Research |
| Michael Gaugler | Brean Capital |