Key Insights

• Artivion will host its Annual General Meeting on 14th of May

• CEO Pat Mackin's total compensation includes salary of US$775.9k

• The total compensation is similar to the average for the industry

• Artivion's EPS declined by 26% over the past three years while total shareholder loss over the past three years was 19%

The underwhelming share price performance of Artivion, Inc. (NYSE:AORT) in the past three years would have disappointed many shareholders. In addition, the company's per-share earnings growth is not looking good, despite growing revenues. Shareholders will have a chance to take their concerns to the board at the next AGM on 14th of May and vote on resolutions including executive compensation, which studies show may have an impact on company performance. Here's why we think shareholders should hold off on a raise for the CEO at the moment.

See our latest analysis for Artivion

Comparing Artivion, Inc.'s CEO Compensation With The Industry

At the time of writing, our data shows that Artivion, Inc. has a market capitalization of US$992m, and reported total annual CEO compensation of US$3.2m for the year to December 2023. We note that's a decrease of 58% compared to last year. We think total compensation is more important but our data shows that the CEO salary is lower, at US$776k.

In comparison with other companies in the American Medical Equipment industry with market capitalizations ranging from US$400m to US$1.6b, the reported median CEO total compensation was US$4.4m. So it looks like Artivion compensates Pat Mackin in line with the median for the industry. What's more, Pat Mackin holds US$16m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Speaking on an industry level, nearly 25% of total compensation represents salary, while the remainder of 75% is other remuneration. Artivion is largely mirroring the industry average when it comes to the share a salary enjoys in overall compensation. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.

A Look at Artivion, Inc.'s Growth Numbers

Over the last three years, Artivion, Inc. has shrunk its earnings per share by 26% per year. In the last year, its revenue is up 15%.

Investors would be a bit wary of companies that have lower EPS But on the other hand, revenue growth is strong, suggesting a brighter future. In conclusion we can't form a strong opinion about business performance yet; but it's one worth watching. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.