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How Much Did BRT Apartments Corp.'s (NYSE:BRT) CEO Pocket Last Year?

In 2002 Jeff Gould was appointed CEO of BRT Apartments Corp. (NYSE:BRT). 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. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company pays the CEO.

See our latest analysis for BRT Apartments

How Does Jeff Gould's Compensation Compare With Similar Sized Companies?

According to our data, BRT Apartments Corp. has a market capitalization of US$293m, and paid its CEO total annual compensation worth US$1.3m over the year to September 2018. We think total compensation is more important but we note that the CEO salary is lower, at US$807k. We examined companies with market caps from US$100m to US$400m, and discovered that the median CEO total compensation of that group was US$1.1m.

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So Jeff Gould 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 BRT Apartments has changed over time.

NYSE:BRT CEO Compensation, December 2nd 2019
NYSE:BRT CEO Compensation, December 2nd 2019

Is BRT Apartments Corp. Growing?

On average over the last three years, BRT Apartments Corp. has shrunk earnings per share by 24% each year (measured with a line of best fit). In the last year, its revenue is up 11%.

Few shareholders would be pleased to read that earnings per share are lower over three years. And while it's good to see some good revenue growth recently, the growth isn't really fast enough for me to put aside my concerns around earnings. These factors suggest that the business performance wouldn't really justify a high pay packet for the CEO. Shareholders might be interested in this free visualization of analyst forecasts.

Has BRT Apartments Corp. Been A Good Investment?

I think that the total shareholder return of 162%, over three years, would leave most BRT Apartments Corp. shareholders smiling. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

In Summary...

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

We're not seeing great strides in earnings per share, but the company has clearly pleased some investors, given the returns over the last three years. So we can't see a reason to suggest the pay is inappropriate. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at BRT Apartments.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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.