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In 2014 Jeff Rogers was appointed CEO of Universal Logistics Holdings, Inc. (NASDAQ:ULH). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Then we'll look at a snap shot of the business growth. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This method should give us information to assess how appropriately the company pays the CEO.
Check out our latest analysis for Universal Logistics Holdings
How Does Jeff Rogers's Compensation Compare With Similar Sized Companies?
At the time of writing, our data says that Universal Logistics Holdings, Inc. has a market cap of US$668m, and reported total annual CEO compensation of US$1.3m for the year to December 2018. While we always look at total compensation first, we note that the salary component is less, at US$471k. We note that more than half of the total compensation is not the salary; and performance requirements may apply to this non-salary portion. We looked at a group of companies with market capitalizations from US$400m to US$1.6b, and the median CEO total compensation was US$2.7m.
Most shareholders would consider it a positive that Jeff Rogers takes less total compensation than the CEOs of most similar size companies, leaving more for shareholders. Though positive, it's important we delve into the performance of the actual business.
You can see, below, how CEO compensation at Universal Logistics Holdings has changed over time.
Is Universal Logistics Holdings, Inc. Growing?
Over the last three years Universal Logistics Holdings, Inc. has grown its earnings per share (EPS) by an average of 38% per year (using a line of best fit). In the last year, its revenue is up 15%.
This demonstrates that the company has been improving recently. A good result. It's a real positive to see this sort of growth in a single year. That suggests a healthy and growing business. You might want to check this free visual report on analyst forecasts for future earnings.
Has Universal Logistics Holdings, Inc. Been A Good Investment?
Boasting a total shareholder return of 97% over three years, Universal Logistics Holdings, Inc. has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary...
Universal Logistics Holdings, Inc. is currently paying its CEO below what is normal for companies of its size.
Many would consider this to indicate that the pay is modest since the business is growing. And given most shareholders are probably very happy with recent returns, you might even think that Jeff Rogers deserves a raise! It's not often we see shareholders do so well, and yet the CEO is paid modestly. The cherry on top would be if company insiders are buying shares with their own money. CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Universal Logistics Holdings (free visualization of insider trades).