2025 Pay versus Performance
The following table sets forth the compensation for our Chief Executive Officer and the average compensation for our other named executive officers, both as reported in the Summary Compensation Table and with certain adjustments to reflect the “compensation actually paid” to such individuals, as defined under SEC rules, for each of 2025, 2024, 2023, 2022 and 2021. The table also provides information on our cumulative TSR, the cumulative TSR of our 2025 Peer Group, Net Income and Adjusted Consolidated EBITDA over such years in accordance with SEC rules.
PAY VERSUS PERFORMANCE TABLE |
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AVERAGE |
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AVERAGE |
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VALUE OF INITIAL FIXED $100 |
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YEAR |
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SUMMARY |
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COMPENSATION |
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NON-PEO |
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NON-PEO |
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TOTAL |
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PEER GROUP |
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NET INCOME |
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ADJUSTED |
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2025 |
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25,007,664 |
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52,568,379 |
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11,335,760 |
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23,635,188 |
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128.08 |
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221.73 |
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$798.7 million |
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$2,462.3 million |
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2024 |
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25,870,693 |
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32,403,858 |
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11,694,066 |
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15,046,583 |
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109.69 |
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176.05 |
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$761.7 million |
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$2,281.0 million |
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2023 |
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20,098,164 |
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18,813,540 |
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9,685,286 |
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9,263,980 |
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87.22 |
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140.53 |
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$608.6 million |
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$2,107.7 million |
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2022 (2) |
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12,810,392 |
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(19,755,647 |
) |
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5,421,332 |
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(8,792,406 |
) |
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73.17 |
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102.01 |
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$649.0 million |
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$2,006.1 million |
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2021 |
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22,981,889 |
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28,938,956 |
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9,169,220 |
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8,831,721 |
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113.74 |
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130.41 |
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$800.6 million |
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$2,064.8 million |
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2025 |
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PRINCIPAL |
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NON-PEO |
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Summary Compensation Table Total |
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25,007,664 |
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11,335,760 |
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Less Stock Award Value Reported in Summary Compensation Table for the Covered Year |
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(15,729,268 |
) |
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(7,165,643 |
) |
Plus Fair Value for Awards Granted in the Covered Year |
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10,765,235 |
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4,904,215 |
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Change in Fair Value of Outstanding Unvested Awards from Prior Years |
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30,089,048 |
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13,541,118 |
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Change in Fair Value of Awards from Prior Years that Vested in the Covered Year |
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2,435,700 |
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1,019,738 |
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Compensation Actually Paid |
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52,568,379 |
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23,635,188 |
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Fair values set forth in the table above are computed in accordance with ASC 718 as of the end of the respective fiscal year, other than fair values of awards that vest in the covered year, which are valued as of the applicable vesting date. The assumptions included in the fair value of equity awards included in the calculation of Compensation Actually Paid differ from those previously disclosed as of the grant date of such awards primarily due to the lapse of time following the date of grant and, in the case of stock options, a change in the expected term of the options. The change in expected term of the options also impacts the determination of the expected volatility and risk-free interest rate.
Adjusted Consolidated EBITDA |
Adjusted Revenue |
Adjusted EPS Growth |
Operating Cash Flow |
Organic Revenue Growth |
These financial measures generally reflect those used internally to measure the Company’s performance and represent key drivers of sustainable stockholder value creation for our Company. We do not consider any one of the above performance measures, taken in isolation, to be the most important financial measure for our executive compensation design. However, for purposes of the table above, we have deemed Adjusted Consolidated EBITDA attributable to SS&C common stockholders as our “most important” financial measure used to link our NEO’s compensation with performance because it is a key component of our 2025 annual bonus program and critical indicator of the Company’s growth and financial health used by our investors and stockholders. For more detail on we link these measures with performance of our NEOs, see “Compensation Discussion and Analysis — Design and Structure of Executive Compensation” on page 35 of this proxy statement.
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2025 |
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PRINCIPAL |
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NON-PEO |
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Summary Compensation Table Total |
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25,007,664 |
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11,335,760 |
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Less Stock Award Value Reported in Summary Compensation Table for the Covered Year |
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(15,729,268 |
) |
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(7,165,643 |
) |
Plus Fair Value for Awards Granted in the Covered Year |
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10,765,235 |
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4,904,215 |
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Change in Fair Value of Outstanding Unvested Awards from Prior Years |
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30,089,048 |
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13,541,118 |
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Change in Fair Value of Awards from Prior Years that Vested in the Covered Year |
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2,435,700 |
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1,019,738 |
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Compensation Actually Paid |
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52,568,379 |
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23,635,188 |
|
Fair values set forth in the table above are computed in accordance with ASC 718 as of the end of the respective fiscal year, other than fair values of awards that vest in the covered year, which are valued as of the applicable vesting date. The assumptions included in the fair value of equity awards included in the calculation of Compensation Actually Paid differ from those previously disclosed as of the grant date of such awards primarily due to the lapse of time following the date of grant and, in the case of stock options, a change in the expected term of the options. The change in expected term of the options also impacts the determination of the expected volatility and risk-free interest rate.
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2025 |
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PRINCIPAL |
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NON-PEO |
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Summary Compensation Table Total |
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25,007,664 |
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11,335,760 |
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Less Stock Award Value Reported in Summary Compensation Table for the Covered Year |
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(15,729,268 |
) |
|
|
(7,165,643 |
) |
Plus Fair Value for Awards Granted in the Covered Year |
|
|
10,765,235 |
|
|
|
4,904,215 |
|
Change in Fair Value of Outstanding Unvested Awards from Prior Years |
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|
30,089,048 |
|
|
|
13,541,118 |
|
Change in Fair Value of Awards from Prior Years that Vested in the Covered Year |
|
|
2,435,700 |
|
|
|
1,019,738 |
|
Compensation Actually Paid |
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|
52,568,379 |
|
|
|
23,635,188 |
|
Fair values set forth in the table above are computed in accordance with ASC 718 as of the end of the respective fiscal year, other than fair values of awards that vest in the covered year, which are valued as of the applicable vesting date. The assumptions included in the fair value of equity awards included in the calculation of Compensation Actually Paid differ from those previously disclosed as of the grant date of such awards primarily due to the lapse of time following the date of grant and, in the case of stock options, a change in the expected term of the options. The change in expected term of the options also impacts the determination of the expected volatility and risk-free interest rate.
Compensation Actually Paid Compared to Cumulative Total Shareholder Return and Peer Group Total Shareholder Return
Compensation Actually Paid Compared to Net Income
Compensation Actually Paid Compared to Adjusted Consolidated EBITDA
Adjusted Consolidated EBITDA |
Adjusted Revenue |
Adjusted EPS Growth |
Operating Cash Flow |
Organic Revenue Growth |