Yahoo Finance What Did Gaming and Leisure Properties, Inc.'s (NASDAQ:GLPI) CEO Take Home Last Year?
Peter Carlino has been the CEO of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) since 2013. First, this article will compare CEO compensation with compensation at other large companies. Next, we'll consider growth that the business demonstrates. And finally - as a second measure of performance - we will look at the returns shareholders have received over the last few years. The aim of all this is to consider the appropriateness of CEO pay levels.
See our latest analysis for Gaming and Leisure Properties
How Does Peter Carlino's Compensation Compare With Similar Sized Companies?
Our data indicates that Gaming and Leisure Properties, Inc. is worth US$10b, and total annual CEO compensation was reported as US$12m for the year to December 2018. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at US$1.8m. 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 took a group of companies with market capitalizations over US$8.0b, and calculated the median CEO total compensation to be US$11m. Once you start looking at very large companies, you need to take a broader range, because there simply aren't that many of them.
So Peter Carlino receives a similar amount to the median CEO pay, amongst the companies we looked at. While this data point isn't particularly informative alone, it gains more meaning when considered with business performance.
You can see, below, how CEO compensation at Gaming and Leisure Properties has changed over time.
Is Gaming and Leisure Properties, Inc. Growing?
On average over the last three years, Gaming and Leisure Properties, Inc. has shrunk earnings per share by 1.6% each year (measured with a line of best fit). In the last year, its revenue is up 18%.
In the last three years the company has failed to grow earnings per share. There's no doubt that the silver lining is that revenue is up. But it isn't sufficiently fast growth to overlook the fact that earnings per share has gone backwards over three years. It's hard to argue the company is firing on all cylinders, so shareholders might be averse to high CEO remuneration. It could be important to check this free visual depiction of what analysts expect for the future.
Has Gaming and Leisure Properties, Inc. Been A Good Investment?
Boasting a total shareholder return of 87% over three years, Gaming and Leisure Properties, 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...
Peter Carlino is paid around what is normal the leaders of larger companies.
The company isn't growing earnings per share, but shareholder returns have been strong over the last three years. So we think most shareholders wouldn't be too worried about CEO compensation, which is close to the median for large companies. Whatever your view on compensation, you might want to check if insiders are buying or selling Gaming and Leisure Properties shares (free trial).
Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies, that have HIGH return on equity and low debt.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.
