While companies may include non-financial performance measures in this list, they must select the CompanySelected Measure from the financial performance measures included in this list, and it must be the financial performance measure that, in the company’s assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used by the company to link compensation actually paid to the company’s NEOs, for the most recently completed fiscal year, to company performance. As expected, the overwhelming majority of REITs chose FFO as their Company-Selected Measure. FFO measures were disclosed as Core/Normalized FFO (43%), Adjusted FFO (39%) and FFO (18%). Earnings measures (EBITDA, net income, etc.) were the second most common. Other measures included FAD, Revenue, Leverage, Net Debt and Dividends. 0 10 20 30 40 50 60 70 80 71% FFO Earnings Other TSR FAD 17% 5% 4% 3% Company-Selected Measure 51 | 2024 Guide to REIT Executive Compensation
RkJQdWJsaXNoZXIy NTU5OTQ5