SIC Code 35

Industrial Machinery & Equipment

Data updated July 2026

58 companies · FY2025

Median Pay Ratio
141:1
Avg Pay Ratio
170:1
Median CEO Pay
$9.9M
Avg CEO Pay
$11.8M

Reading the Industrial Machinery & Equipment CEO Pay Landscape (SIC 35, FY2025)

The Industrial Machinery & Equipment industry, classified under 2-digit SIC code 35, had 58 SEC-reporting public companies disclose CEO pay ratio data in fiscal year 2025. Across that set of firms, the median CEO-to-worker pay ratio was 141:1 and the average was 170:1. Median CEO total compensation in the sector was $9.9M, with the sector-wide average at $11.8M. 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 Industrial Machinery & Equipment earned $7.6M, while the 75th percentile CEO earned $13.9M - 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. When the average and median ratios are close, as they are here, pay practices in the sector are relatively uniform and the median is a reliable representative value.

Below you can scan each of the 165 Industrial Machinery & Equipment companies PlainCEOPay currently tracks in this SIC group, with reported CEO total compensation, median worker pay, and individual pay ratios. Company pages show how each available filing compares with this industry benchmark. The current dataset does not include a CEO name or an itemized compensation breakdown for each company. All displayed figures are drawn from SEC EDGAR filings; they are not estimated, imputed, or projected.

Companies in Industrial Machinery & Equipment (165)

Companies in Industrial Machinery & Equipment with CEO pay ratio, CEO total compensation, median worker pay, and fiscal year, sourced from SEC EDGAR DEF 14A.
Company CEO Pay Median Worker Pay Ratio FY
Western Digital CorpSEC EDGAR DEF 14A, CIK 106040 $17.7M $11K 1,649:1 2023
Western Digital CorpSEC EDGAR DEF 14A, CIK 106040 $11.5M $9K 1,321:1 2024
Seagate Technology Holdings plcSEC EDGAR DEF 14A, CIK 1137789 $13.6M $13K 1,045:1 2023
Seagate Technology Holdings plcSEC EDGAR DEF 14A, CIK 1137789 $17.2M $20K 861:1 2024
ACM Research, Inc.SEC EDGAR DEF 14A, CIK 1680062 $23.5M $29K 815:1 2023
International Business Machines CorpSEC EDGAR DEF 14A, CIK 51143 - - 765:1 2025
Apple Inc.SEC EDGAR DEF 14A, CIK 320193 $63.2M $94K 672:1 2023
Regal Rexnord CorpSEC EDGAR DEF 14A, CIK 82811 - - 624:1 2023
Apple Inc.SEC EDGAR DEF 14A, CIK 320193 $74.3M $139K 533:1 2025
Palo Alto Networks IncSEC EDGAR DEF 14A, CIK 1327567 $99.8M $226K 442:1 2024
Caterpillar IncSEC EDGAR DEF 14A, CIK 18230 $25.8M $60K 434:1 2023
Regal Rexnord CorpSEC EDGAR DEF 14A, CIK 82811 - - 409:1 2025
Eaton Corp plcSEC EDGAR DEF 14A, CIK 1551182 $20.5M $51K 405:1 2023
Gates Industrial Corp plcSEC EDGAR DEF 14A, CIK 1718512 - - 368:1 2023
Lam Research CorpSEC EDGAR DEF 14A, CIK 707549 $30.1M $83K 361:1 2023
Illinois Tool Works IncSEC EDGAR DEF 14A, CIK 49826 $22.5M $67K 338:1 2023
Johnson Controls International plcSEC EDGAR DEF 14A, CIK 833444 $22.6M $67K 338:1 2025
DOVER CorpSEC EDGAR DEF 14A, CIK 29905 $18.7M $56K 336:1 2025
Johnson Controls International plcSEC EDGAR DEF 14A, CIK 833444 $15.9M $49K 321:1 2023
DOVER CorpSEC EDGAR DEF 14A, CIK 29905 $16.8M $53K 317:1 2023
Hewlett Packard Enterprise CoSEC EDGAR DEF 14A, CIK 1645590 $23.5M $74K 316:1 2025
International Business Machines CorpSEC EDGAR DEF 14A, CIK 51143 - - 312:1 2023
Baker Hughes CoSEC EDGAR DEF 14A, CIK 1701605 $21.7M $70K 311:1 2023
Baker Hughes CoSEC EDGAR DEF 14A, CIK 1701605 $21.3M $69K 310:1 2025
Lam Research CorpSEC EDGAR DEF 14A, CIK 707549 $28.3M $91K 310:1 2024
nVent Electric plcSEC EDGAR DEF 14A, CIK 1720635 $13.8M $45K 307:1 2025
Hewlett Packard Enterprise CoSEC EDGAR DEF 14A, CIK 1645590 $20.1M $67K 300:1 2023
Cisco Systems, Inc.SEC EDGAR DEF 14A, CIK 858877 - - 298:1 2024
Hp IncSEC EDGAR DEF 14A, CIK 47217 $23.1M $78K 297:1 2025
Hp IncSEC EDGAR DEF 14A, CIK 47217 $19.5M $68K 287:1 2023
Logitech International S.A.SEC EDGAR DEF 14A, CIK 1032975 $9.4M $33K 287:1 2023
Ingersoll Rand Inc.SEC EDGAR DEF 14A, CIK 1699150 $15.5M $55K 280:1 2023
Weatherford International plcSEC EDGAR DEF 14A, CIK 1603923 - - 278:1 2025
Weatherford International plcSEC EDGAR DEF 14A, CIK 1603923 $11.2M $41K 275:1 2023
Palo Alto Networks IncSEC EDGAR DEF 14A, CIK 1327567 $58.1M $216K 269:1 2023
DIEBOLD NIXDORF, IncSEC EDGAR DEF 14A, CIK 28823 $8.7M $34K 253:1 2025
Xerox Holdings CorpSEC EDGAR DEF 14A, CIK 1770450 $12.8M $52K 247:1 2023
Brunswick CorpSEC EDGAR DEF 14A, CIK 14930 $13.0M $54K 243:1 2025
Gates Industrial Corp plcSEC EDGAR DEF 14A, CIK 1718512 - - 241:1 2025
Cisco Systems, Inc.SEC EDGAR DEF 14A, CIK 858877 - - 235:1 2023
Logitech International S.A.SEC EDGAR DEF 14A, CIK 1032975 $10.5M $47K 223:1 2024
NOV Inc.SEC EDGAR DEF 14A, CIK 1021860 $13.0M $59K 220:1 2023
Xerox Holdings CorpSEC EDGAR DEF 14A, CIK 1770450 $12.6M $58K 218:1 2025
Ingersoll Rand Inc.SEC EDGAR DEF 14A, CIK 1699150 $16.2M $75K 215:1 2025
Corsair Gaming, Inc.SEC EDGAR DEF 14A, CIK 1743759 $8.0M $38K 210:1 2025
PENTAIR plcSEC EDGAR DEF 14A, CIK 77360 $11.3M $54K 210:1 2025
Illinois Tool Works IncSEC EDGAR DEF 14A, CIK 49826 - - 208:1 2025
NCR Atleos CorpSEC EDGAR DEF 14A, CIK 1974138 $10.3M $50K 206:1 2025
Brunswick CorpSEC EDGAR DEF 14A, CIK 14930 $10.9M $53K 203:1 2023
Zebra Technologies CorpSEC EDGAR DEF 14A, CIK 877212 $13.9M $69K 202:1 2025
Terex CorpSEC EDGAR DEF 14A, CIK 97216 $10.2M $51K 201:1 2023
Lincoln Electric Holdings IncSEC EDGAR DEF 14A, CIK 59527 $10.6M $53K 200:1 2023
Caterpillar IncSEC EDGAR DEF 14A, CIK 18230 $17.5M $89K 196:1 2025
Hyster-yale, Inc.SEC EDGAR DEF 14A, CIK 1173514 $10.5M $54K 194:1 2023
Timken CoSEC EDGAR DEF 14A, CIK 98362 - - 193:1 2023
nVent Electric plcSEC EDGAR DEF 14A, CIK 1720635 $8.9M $50K 178:1 2023
Zurn Elkay Water Solutions CorpSEC EDGAR DEF 14A, CIK 1439288 $11.6M $65K 178:1 2025
Cricut, Inc.SEC EDGAR DEF 14A, CIK 1828962 $18.2M $103K 177:1 2023
Zebra Technologies CorpSEC EDGAR DEF 14A, CIK 877212 $11.3M $64K 177:1 2023
NOV Inc.SEC EDGAR DEF 14A, CIK 1021860 $12.7M $72K 177:1 2025
Tpi Composites, IncSEC EDGAR DEF 14A, CIK 1455684 $2.3M $13K 177:1 2023
PENTAIR plcSEC EDGAR DEF 14A, CIK 77360 $10.0M $58K 173:1 2023
Xylem Inc.SEC EDGAR DEF 14A, CIK 1524472 $11.3M $67K 170:1 2025
Par Technology CorpSEC EDGAR DEF 14A, CIK 708821 $14.2M $91K 156:1 2025
Standex International Corp/de/SEC EDGAR DEF 14A, CIK 310354 $5.0M $33K 154:1 2023
Extreme Networks IncSEC EDGAR DEF 14A, CIK 1078271 $15.0M $98K 153:1 2023
BWX Technologies, Inc.SEC EDGAR DEF 14A, CIK 1486957 $15.7M $104K 151:1 2025
DONALDSON Co INCSEC EDGAR DEF 14A, CIK 29644 $7.8M $52K 150:1 2023
Lincoln Electric Holdings IncSEC EDGAR DEF 14A, CIK 59527 $8.4M $57K 148:1 2025
Corsair Gaming, Inc.SEC EDGAR DEF 14A, CIK 1743759 $6.7M $46K 147:1 2023
SPX Technologies, Inc.SEC EDGAR DEF 14A, CIK 88205 $9.3M $63K 147:1 2025
Enerpac Tool Group CorpSEC EDGAR DEF 14A, CIK 6955 $6.5M $44K 147:1 2024
Cricut, Inc.SEC EDGAR DEF 14A, CIK 1828962 $13.4M $93K 145:1 2025
Everpure, Inc.SEC EDGAR DEF 14A, CIK 1474432 $25.3M $175K 144:1 2023
NetApp, Inc.SEC EDGAR DEF 14A, CIK 1002047 $23.1M $161K 144:1 2024
Enerpac Tool Group CorpSEC EDGAR DEF 14A, CIK 6955 $6.1M $43K 142:1 2023
DONALDSON Co INCSEC EDGAR DEF 14A, CIK 29644 $8.3M $59K 140:1 2024
Moog Inc.SEC EDGAR DEF 14A, CIK 67887 $10.2M $75K 136:1 2023
Timken CoSEC EDGAR DEF 14A, CIK 98362 $8.4M $62K 136:1 2025
Altra Industrial Motion Corp.SEC EDGAR DEF 14A, CIK 1374535 $6.6M $48K 136:1 2021
Par Technology CorpSEC EDGAR DEF 14A, CIK 708821 $9.6M $71K 135:1 2023
Lennox International IncSEC EDGAR DEF 14A, CIK 1069202 $8.5M $64K 133:1 2025
Fortinet, Inc.SEC EDGAR DEF 14A, CIK 1262039 $16.3M $124K 130:1 2023
Nordson CorpSEC EDGAR DEF 14A, CIK 72331 $8.1M $63K 130:1 2025
Terex CorpSEC EDGAR DEF 14A, CIK 97216 $7.3M $56K 130:1 2025
Eaton Corp plcSEC EDGAR DEF 14A, CIK 1551182 $7.9M $62K 128:1 2025
NetApp, Inc.SEC EDGAR DEF 14A, CIK 1002047 $17.7M $140K 126:1 2023
TechnipFMC plcSEC EDGAR DEF 14A, CIK 1681459 $17.1M $140K 122:1 2023
Idex Corp /de/SEC EDGAR DEF 14A, CIK 832101 $9.1M $76K 121:1 2025
Toro CoSEC EDGAR DEF 14A, CIK 737758 $9.0M $75K 120:1 2023
TechnipFMC plcSEC EDGAR DEF 14A, CIK 1681459 $17.8M $148K 120:1 2025
Graco IncSEC EDGAR DEF 14A, CIK 42888 $9.5M $79K 120:1 2025
Solaris Energy Infrastructure, Inc.SEC EDGAR DEF 14A, CIK 1697500 $13.9M $116K 119:1 2025
Idex Corp /de/SEC EDGAR DEF 14A, CIK 832101 $7.8M $67K 116:1 2023
Extreme Networks IncSEC EDGAR DEF 14A, CIK 1078271 $13.0M $111K 116:1 2024
Standex International Corp/de/SEC EDGAR DEF 14A, CIK 310354 $5.1M $44K 116:1 2024
Moog Inc.SEC EDGAR DEF 14A, CIK 67887 $8.4M $74K 113:1 2024
Toro CoSEC EDGAR DEF 14A, CIK 737758 $8.5M $76K 112:1 2025
Kadant IncSEC EDGAR DEF 14A, CIK 886346 $6.0M $54K 111:1 2023
Juniper Networks IncSEC EDGAR DEF 14A, CIK 1043604 $13.6M $122K 111:1 2023
Omnicell, Inc.SEC EDGAR DEF 14A, CIK 926326 $11.0M $100K 110:1 2023
Shyft Group, Inc.SEC EDGAR DEF 14A, CIK 743238 $6.8M $62K 109:1 2024
Graco IncSEC EDGAR DEF 14A, CIK 42888 $9.2M $88K 104:1 2023
Juniper Networks IncSEC EDGAR DEF 14A, CIK 1043604 $12.7M $126K 101:1 2024
Columbus Mckinnon CorpSEC EDGAR DEF 14A, CIK 1005229 - - 100:1 2023
Mitek Systems IncSEC EDGAR DEF 14A, CIK 807863 - - 100:1 2025
Hayward Holdings, Inc.SEC EDGAR DEF 14A, CIK 1834622 $5.7M $58K 98:1 2023
Netgear, Inc.SEC EDGAR DEF 14A, CIK 1122904 $10.6M $108K 98:1 2025
Columbus Mckinnon CorpSEC EDGAR DEF 14A, CIK 1005229 $6.0M $61K 98:1 2025
Ceco Environmental CorpSEC EDGAR DEF 14A, CIK 3197 - - 97:1 2023
ChampionX CorpSEC EDGAR DEF 14A, CIK 1723089 $7.6M $82K 93:1 2023
Energy Recovery, Inc.SEC EDGAR DEF 14A, CIK 1421517 - - 92:1 2023
Kadant IncSEC EDGAR DEF 14A, CIK 886346 $5.5M $60K 92:1 2025
Everpure, Inc.SEC EDGAR DEF 14A, CIK 1474432 $18.4M $204K 90:1 2025
Nn IncSEC EDGAR DEF 14A, CIK 918541 $1.5M $17K 90:1 2024
JBT MAREL CorpSEC EDGAR DEF 14A, CIK 1433660 $8.0M $93K 86:1 2025
Douglas Dynamics, IncSEC EDGAR DEF 14A, CIK 1287213 $5.3M $63K 85:1 2023
Alamo Group IncSEC EDGAR DEF 14A, CIK 897077 $4.5M $54K 84:1 2025
Lennox International IncSEC EDGAR DEF 14A, CIK 1069202 $5.0M $60K 83:1 2023
Pitney Bowes Inc /de/SEC EDGAR DEF 14A, CIK 78814 $3.8M $46K 83:1 2025
Nordson CorpSEC EDGAR DEF 14A, CIK 72331 $7.0M $85K 82:1 2023
Arista Networks, Inc.SEC EDGAR DEF 14A, CIK 1596532 $189K $189K 82:1 2023
ChampionX CorpSEC EDGAR DEF 14A, CIK 1723089 $7.8M $97K 81:1 2024
Evoqua Water Technologies Corp.SEC EDGAR DEF 14A, CIK 1604643 $6.0M $81K 74:1 2021
BWX Technologies, Inc.SEC EDGAR DEF 14A, CIK 1486957 $6.7M $95K 70:1 2023
Omnicell, Inc.SEC EDGAR DEF 14A, CIK 926326 $7.5M $107K 70:1 2025
DIEBOLD NIXDORF, IncSEC EDGAR DEF 14A, CIK 28823 $2.2M $33K 68:1 2023
Hyster-yale, Inc.SEC EDGAR DEF 14A, CIK 1173514 $4.4M $65K 68:1 2025
JBT MAREL CorpSEC EDGAR DEF 14A, CIK 1433660 $6.1M $93K 66:1 2023
Shyft Group, Inc.SEC EDGAR DEF 14A, CIK 743238 $3.9M $60K 65:1 2023
Kennametal IncSEC EDGAR DEF 14A, CIK 55242 $4.7M $72K 65:1 2024
Kennametal IncSEC EDGAR DEF 14A, CIK 55242 - - 54:1 2023
Pitney Bowes Inc /de/SEC EDGAR DEF 14A, CIK 78814 $2.7M $50K 54:1 2023
Mitek Systems IncSEC EDGAR DEF 14A, CIK 807863 - - 48:1 2023
Ceco Environmental CorpSEC EDGAR DEF 14A, CIK 3197 - - 44:1 2024
Mandiant, Inc.SEC EDGAR DEF 14A, CIK 1370880 $176K $176K 44:1 2021
Dell Technologies Inc.SEC EDGAR DEF 14A, CIK 1571996 $3.4M $79K 43:1 2025
A10 Networks, Inc.SEC EDGAR DEF 14A, CIK 1580808 $6.6M $161K 41:1 2023
Dell Technologies Inc.SEC EDGAR DEF 14A, CIK 1571996 $3.0M $73K 41:1 2023
Digi International IncSEC EDGAR DEF 14A, CIK 854775 $5.0M $128K 39:1 2024
Fortinet, Inc.SEC EDGAR DEF 14A, CIK 1262039 $11.5M $152K 34:1 2025
Zurn Elkay Water Solutions CorpSEC EDGAR DEF 14A, CIK 1439288 $1.4M $53K 27:1 2022
Digi International IncSEC EDGAR DEF 14A, CIK 854775 $2.9M $115K 25:1 2023
ACM Research, Inc.SEC EDGAR DEF 14A, CIK 1680062 $633K $30K 21:1 2025
Netgear, Inc.SEC EDGAR DEF 14A, CIK 1122904 $1.9M $120K 16:1 2023
Super Micro Computer, Inc.SEC EDGAR DEF 14A, CIK 1375365 $1.4M $87K 16:1 2025
Arista Networks, Inc.SEC EDGAR DEF 14A, CIK 1596532 $191K $191K 15:1 2025
Cantaloupe, Inc.SEC EDGAR DEF 14A, CIK 896429 $1.1M $75K 14:1 2023
Energy Recovery, Inc.SEC EDGAR DEF 14A, CIK 1421517 - - 14:1 2025
Hyperscale Data, Inc.SEC EDGAR DEF 14A, CIK 896493 $629K $52K 12:1 2023
Cantaloupe, Inc.SEC EDGAR DEF 14A, CIK 896429 $960K $80K 12:1 2024
Hyperscale Data, Inc.SEC EDGAR DEF 14A, CIK 896493 $550K $50K 11:1 2024
Lindsay CorpSEC EDGAR DEF 14A, CIK 836157 $477K $53K 9:1 2023
SPX Technologies, Inc.SEC EDGAR DEF 14A, CIK 88205 $7.7M $60K 9:1 2023
Gorman Rupp CoSEC EDGAR DEF 14A, CIK 42682 $1.7M $213K 8:1 2023
Azenta, Inc.SEC EDGAR DEF 14A, CIK 933974 $464K $58K 8:1 2024
Gencor Industries IncSEC EDGAR DEF 14A, CIK 64472 $451K $55K 8:1 2021
Azenta, Inc.SEC EDGAR DEF 14A, CIK 933974 $337K $56K 6:1 2023
Gorman Rupp CoSEC EDGAR DEF 14A, CIK 42682 - - 4:1 2025
Solaris Energy Infrastructure, Inc.SEC EDGAR DEF 14A, CIK 1697500 $336K $112K 3:1 2023
Quantum Corp /de/SEC EDGAR DEF 14A, CIK 709283 $367K $122K 3:1 2023
Douglas Dynamics, IncSEC EDGAR DEF 14A, CIK 1287213 $139K $69K 2:1 2025
A10 Networks, Inc.SEC EDGAR DEF 14A, CIK 1580808 $199K $199K 1:1 2025
Lindsay CorpSEC EDGAR DEF 14A, CIK 836157 $52K $52K 1:1 2024
Velodyne Lidar, Inc.SEC EDGAR DEF 14A, CIK 1745317 - - 1:1 2021
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 Industrial Machinery & Equipment?
The median CEO pay ratio in Industrial Machinery & Equipment is 141:1, meaning the typical CEO earns 141 times more than the median employee. The average across 58 companies is 170:1.
How much do Industrial Machinery & Equipment CEOs earn?
Median CEO compensation in Industrial Machinery & Equipment is $9.9M, with an average of $11.8M. The 25th percentile CEO earns around $7.6M and the 75th percentile around $13.9M.
How many companies report CEO pay in Industrial Machinery & Equipment?
58 companies in the Industrial Machinery & Equipment sector (SIC code 35) filed CEO-to-worker pay ratio disclosures with the SEC in FY2025, as required by the Dodd-Frank Wall Street Reform Act.
Where does this Industrial Machinery & Equipment 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.

Related

Data sourced from SEC EDGAR filings (DEF 14A proxy statements). See our methodology for details. Retrieved and formatted by PlainCEOPay

Every figure on PlainCEOPay is rendered directly from SEC EDGAR executive compensation filings, no number is typed in by an editor. Industry benchmarks are computed directly from SEC EDGAR filings, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.