SIC Code 16

Construction

10 companies · FY2023

Median Pay Ratio
58:1
Avg Pay Ratio
87:1
Median CEO Pay
$6.0M
Avg CEO Pay
$8.0M

Reading the Construction CEO Pay Landscape (SIC 16, FY2023)

The Construction industry, classified under 2-digit SIC code 16, had 10 SEC-reporting public companies disclose CEO pay ratio data in fiscal year 2023. Across that set of firms, the median CEO-to-worker pay ratio was 58:1 and the average was 87:1. Median CEO total compensation in the sector was $6.0M, with the sector-wide average at $8.0M. These figures are aggregated from DEF 14A proxy statements filed under Section 953(b) of the Dodd-Frank Act, which requires every U.S.-listed reporting company to compare its CEO's total compensation against a representative median employee.

Pay dispersion inside this industry is substantial. The 25th percentile CEO in Construction earned $4.4M, while the 75th percentile CEO earned $9.8M — a spread that shows how firm size, equity-heavy compensation packages, and performance-linked incentives can drive very different outcomes even among peers sharing the same SIC code. The gap between the 87:1 average and the 58:1 median is wide, which almost always signals that a small number of very-high-pay CEOs are pulling the mean upward; the median is the fairer yardstick for "a typical company in this sector."

Below you can scan each of the 10 Construction companies PlainCEOPay currently tracks in this SIC group, with headline pay, CEO name, median worker pay, and individual pay ratios. Click through to any company page to see the full compensation breakdown — base salary, stock awards, option awards, non-equity incentive pay, pension value changes, and other compensation — plus how that firm specifically compares to this industry benchmark. All data is pulled directly from SEC EDGAR filings and reflects what companies themselves disclosed to shareholders; it is not estimated, imputed, or projected.

Companies in Construction (10)

Companies in Construction with CEO pay ratio, CEO total compensation, median worker pay, and fiscal year — sourced from SEC EDGAR DEF 14A.
Company CEO CEO Pay Median Worker Pay Ratio FY
FLUOR CORPSEC EDGAR DEF 14A — CIK 1124198 $18.9M $75K 251:1 2023
KBR, INC.SEC EDGAR DEF 14A — CIK 1357615 $12.7M $74K 171:1 2023
JACOBS SOLUTIONS INC.SEC EDGAR DEF 14A — CIK 52988 124:1 2023
Primoris Services CorpSEC EDGAR DEF 14A — CIK 1361538 $7.0M $66K 106:1 2023
STERLING INFRASTRUCTURE, INC.SEC EDGAR DEF 14A — CIK 874238 $6.0M $82K 74:1 2023
GRANITE CONSTRUCTION INCSEC EDGAR DEF 14A — CIK 861459 $4.2M $101K 42:1 2023
Orion Group Holdings IncSEC EDGAR DEF 14A — CIK 1402829 $2.4M $66K 37:1 2023
MYR GROUP INC.SEC EDGAR DEF 14A — CIK 700923 $4.6M $137K 34:1 2023
Great Lakes Dredge & Dock CORPSEC EDGAR DEF 14A — CIK 1372020 31:1 2023
Construction Partners, Inc.SEC EDGAR DEF 14A — CIK 1718227 4:1 2023
Data Source: This data is sourced from SEC EDGAR proxy statement (DEF 14A) filings. PlainCEOPay provides this publicly available information for informational purposes only. Not investment or financial advice. Verify with SEC EDGAR →

Frequently Asked Questions

What's the typical pay ratio in Construction?
The median CEO pay ratio in Construction is 58:1, meaning the typical CEO earns 58 times more than the median employee. The average across 10 companies is 87:1.
How much do Construction CEOs earn?
Median CEO compensation in Construction is $6.0M, with an average of $8.0M. The 25th percentile CEO earns around $4.4M and the 75th percentile around $9.8M.
How many companies report CEO pay in Construction?
10 companies in the Construction sector (SIC code 16) filed CEO-to-worker pay ratio disclosures with the SEC in FY2023, as required by the Dodd-Frank Wall Street Reform Act.
Where does this Construction pay data come from?
All executive compensation data is sourced from SEC EDGAR DEF 14A proxy statement filings. The Dodd-Frank Act requires publicly traded companies to disclose CEO-to-median-worker pay ratios annually. PlainCEOPay aggregates and benchmarks this data by 2-digit SIC industry code.
Why is the average pay ratio much higher than the median in Construction?
The average pay ratio of 87:1 is significantly higher than the median of 58:1 because a few companies with extremely high CEO pay pull the average up. The median is a more representative measure of the typical company in this industry.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCEOPay Editorial