Should You Worry About Cryoport, Inc.'s (NASDAQ:CYRX) CEO Salary Level?

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Jerrell Shelton has been the CEO of Cryoport, Inc. (NASDAQ:CYRX) since 2012. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. 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 Cryoport

How Does Jerrell Shelton's Compensation Compare With Similar Sized Companies?

According to our data, Cryoport, Inc. has a market capitalization of US$708m, and paid its CEO total annual compensation worth US$2.8m over the year to December 2018. We think total compensation is more important but we note that the CEO salary is lower, at US$581k. We further remind readers that the CEO may face performance requirements to receive the non-salary part of the total compensation. 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$2.5m.

So Jerrell Shelton is paid around the average of the companies we looked at. While this data point isn't particularly informative alone, it gains more meaning when considered with business performance.

The graphic below shows how CEO compensation at Cryoport has changed from year to year.

NasdaqCM:CYRX CEO Compensation, January 24th 2020
NasdaqCM:CYRX CEO Compensation, January 24th 2020

Is Cryoport, Inc. Growing?

On average over the last three years, Cryoport, Inc. has grown earnings per share (EPS) by 34% each year (using a line of best fit). It achieved revenue growth of 76% over the last year.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. It's great to see that revenue growth is strong, too. These metrics suggest the business is growing strongly. It could be important to check this free visual depiction of what analysts expect for the future.

Has Cryoport, Inc. Been A Good Investment?

Boasting a total shareholder return of 484% over three years, Cryoport, Inc. has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

In Summary...

Remuneration for Jerrell Shelton 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. Although the pay is a normal amount, some shareholders probably consider it fair or modest, given the good performance of the stock. So you may want to check if insiders are buying Cryoport shares with their own money (free access).

If you want to buy a stock that is better than Cryoport, this free list of high return, low debt companies is a great place to look.

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.

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