It's Unlikely That Pets at Home Group Plc's (LON:PETS) CEO Will See A Huge Pay Rise This Year

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Under the guidance of CEO Peter Pritchard, Pets at Home Group Plc (LON:PETS) has performed reasonably well recently. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 08 July 2021. However, some shareholders may still want to keep CEO compensation within reason.

View our latest analysis for at Home Group

How Does Total Compensation For Peter Pritchard Compare With Other Companies In The Industry?

At the time of writing, our data shows that Pets at Home Group Plc has a market capitalization of UK£2.4b, and reported total annual CEO compensation of UK£2.1m for the year to March 2021. We note that's an increase of 31% above last year. We think total compensation is more important but our data shows that the CEO salary is lower, at UK£515k.

On comparing similar companies from the same industry with market caps ranging from UK£1.4b to UK£4.6b, we found that the median CEO total compensation was UK£1.0m. This suggests that Peter Pritchard is paid more than the median for the industry. What's more, Peter Pritchard holds UK£7.3m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Component

2021

2020

Proportion (2021)

Salary

UK£515k

UK£504k

24%

Other

UK£1.6m

UK£1.1m

76%

Total Compensation

UK£2.1m

UK£1.6m

100%

Talking in terms of the industry, salary represented approximately 79% of total compensation out of all the companies we analyzed, while other remuneration made up 21% of the pie. In at Home Group's case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance.

ceo-compensation
LSE:PETS CEO Compensation July 3rd 2021

Pets at Home Group Plc's Growth

Pets at Home Group Plc has seen its earnings per share (EPS) increase by 16% a year over the past three years. It achieved revenue growth of 8.0% over the last year.

Shareholders would be glad to know that the company has improved itself over the last few years. It's good to see a bit of revenue growth, as this suggests the business is able to grow sustainably. 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.

Has Pets at Home Group Plc Been A Good Investment?

We think that the total shareholder return of 295%, over three years, would leave most Pets at Home Group Plc shareholders smiling. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.