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How Much is Clean Harbors, Inc.'s (NYSE:CLH) CEO Getting Paid?

Alan McKim has been the CEO of Clean Harbors, Inc. (NYSE:CLH) since 1980. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. 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.

Check out our latest analysis for Clean Harbors

How Does Alan McKim's Compensation Compare With Similar Sized Companies?

At the time of writing our data says that Clean Harbors, Inc. has a market cap of US$4.3b, and is paying total annual CEO compensation of US$4.9m. (This number is for the twelve months until December 2018). We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. When we examined a selection of companies with market caps ranging from US$2.0b to US$6.4b, we found the median CEO total compensation was US$5.1m.

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So Alan McKim receives a similar amount to the median CEO pay, amongst the companies we looked at. Although this fact alone doesn't tell us a great deal, it becomes more relevant when considered against the business performance.

You can see, below, how CEO compensation at Clean Harbors has changed over time.

NYSE:CLH CEO Compensation, September 10th 2019
NYSE:CLH CEO Compensation, September 10th 2019

Is Clean Harbors, Inc. Growing?

Clean Harbors, Inc. has increased its earnings per share (EPS) by an average of 76% a year, over the last three years (using a line of best fit). In the last year, its revenue is up 8.0%.

This demonstrates that the company has been improving recently. A good result. It's good to see a bit of revenue growth, as this suggests the business is able to grow sustainably. It could be important to check this free visual depiction of what analysts expect for the future.

Has Clean Harbors, Inc. Been A Good Investment?

I think that the total shareholder return of 61%, over three years, would leave most Clean Harbors, Inc. shareholders smiling. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.

In Summary...

Remuneration for Alan McKim is close enough to the median pay for a CEO of a similar sized company .

The company is growing earnings per share and total shareholder returns have been pleasing. So one could argue the CEO compensation is quite modest, if you consider company performance! If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Clean Harbors.

Important note: Clean Harbors may not be the best stock to buy. You might find something better in this list of interesting companies with high ROE and low debt.

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.

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. Thank you for reading.