Transportation Equipment
51 companies · FY2023
Reading the Transportation Equipment CEO Pay Landscape (SIC 37, FY2023)
The Transportation Equipment industry, classified under 2-digit SIC code 37, had 51 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 164:1 and the average was 218:1. Median CEO total compensation in the sector was $7.2M, with the sector-wide average at $9.1M. 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 Transportation Equipment earned $3.4M, 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 57 Transportation Equipment 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 Transportation Equipment (57)
| Company | CEO | CEO Pay | Median Worker | Pay Ratio | FY |
|---|---|---|---|---|---|
| Aptiv PLCSEC EDGAR DEF 14A — CIK 1521332 | — | $18.0M | $12K | 1,545:1 | 2023 |
| Gentherm IncSEC EDGAR DEF 14A — CIK 903129 | — | $7.6M | $8K | 916:1 | 2023 |
| Adient plcSEC EDGAR DEF 14A — CIK 1670541 | — | $14.7M | $19K | 773:1 | 2023 |
| VISTEON CORPSEC EDGAR DEF 14A — CIK 1111335 | — | $13.1M | $25K | 527:1 | 2023 |
| Cooper-Standard Holdings Inc.SEC EDGAR DEF 14A — CIK 1320461 | — | $7.6M | $15K | 517:1 | 2023 |
| BORGWARNER INCSEC EDGAR DEF 14A — CIK 908255 | — | $19.3M | $39K | 490:1 | 2023 |
| TransDigm Group INCSEC EDGAR DEF 14A — CIK 1260221 | — | $23.9M | $58K | 411:1 | 2023 |
| DANA IncSEC EDGAR DEF 14A — CIK 26780 | — | $17.3M | $43K | 404:1 | 2023 |
| TRINITY INDUSTRIES INCSEC EDGAR DEF 14A — CIK 99780 | — | $5.7M | $16K | 353:1 | 2023 |
| WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPSEC EDGAR DEF 14A — CIK 943452 | — | $15.5M | $49K | 317:1 | 2023 |
| Dauch CorpSEC EDGAR DEF 14A — CIK 1062231 | — | $12.2M | $39K | 313:1 | 2023 |
| FORD MOTOR COSEC EDGAR DEF 14A — CIK 37996 | — | $26.5M | $85K | 312:1 | 2023 |
| General Motors CoSEC EDGAR DEF 14A — CIK 1467858 | — | $27.8M | $92K | 303:1 | 2023 |
| Commercial Vehicle Group, Inc.SEC EDGAR DEF 14A — CIK 1290900 | — | $5.4M | $18K | 302:1 | 2023 |
| HEICO CORPSEC EDGAR DEF 14A — CIK 46619 | — | $15.5M | $59K | 264:1 | 2023 |
| MOTORCAR PARTS OF AMERICA INCSEC EDGAR DEF 14A — CIK 918251 | — | $2.5M | $12K | 207:1 | 2023 |
| TEXTRON INCSEC EDGAR DEF 14A — CIK 217346 | — | $20.4M | $104K | 196:1 | 2023 |
| HONEYWELL INTERNATIONAL INCSEC EDGAR DEF 14A — CIK 773840 | — | — | — | 192:1 | 2023 |
| THOR INDUSTRIES INCSEC EDGAR DEF 14A — CIK 730263 | — | $10.6M | $56K | 188:1 | 2023 |
| Polaris Inc.SEC EDGAR DEF 14A — CIK 931015 | — | $8.9M | $47K | 188:1 | 2023 |
| RTX CorpSEC EDGAR DEF 14A — CIK 101829 | — | $21.9M | $117K | 187:1 | 2023 |
| OSHKOSH CORPSEC EDGAR DEF 14A — CIK 775158 | — | — | — | 175:1 | 2023 |
| Spirit AeroSystems Holdings, Inc.SEC EDGAR DEF 14A — CIK 1364885 | — | $11.1M | $64K | 174:1 | 2023 |
| HUNTINGTON INGALLS INDUSTRIES, INC.SEC EDGAR DEF 14A — CIK 1501585 | — | $14.1M | $84K | 168:1 | 2023 |
| WABASH NATIONAL CorpSEC EDGAR DEF 14A — CIK 879526 | — | $7.6M | $47K | 164:1 | 2023 |
| LCI INDUSTRIESSEC EDGAR DEF 14A — CIK 763744 | — | $8.6M | $53K | 164:1 | 2023 |
| Horizon Global CorpSEC EDGAR DEF 14A — CIK 1637655 | — | $2.4M | $15K | 162:1 | 2021 |
| PATRICK INDUSTRIES INCSEC EDGAR DEF 14A — CIK 76605 | — | $6.8M | $47K | 144:1 | 2023 |
| TRIUMPH GROUP INCSEC EDGAR DEF 14A — CIK 1021162 | — | $5.6M | $42K | 133:1 | 2023 |
| FOX FACTORY HOLDING CORPSEC EDGAR DEF 14A — CIK 1424929 | — | $6.0M | $50K | 122:1 | 2023 |
| FEDERAL SIGNAL CORP /DE/SEC EDGAR DEF 14A — CIK 277509 | — | $6.9M | $67K | 103:1 | 2023 |
| WINNEBAGO INDUSTRIES INCSEC EDGAR DEF 14A — CIK 107687 | — | — | — | 97:1 | 2023 |
| REV Group, Inc.SEC EDGAR DEF 14A — CIK 1687221 | — | $5.9M | $61K | 96:1 | 2023 |
| Allison Transmission Holdings IncSEC EDGAR DEF 14A — CIK 1411207 | — | $10.3M | $108K | 96:1 | 2023 |
| Blue Bird CorpSEC EDGAR DEF 14A — CIK 1589526 | — | $4.9M | $56K | 88:1 | 2023 |
| STONERIDGE INCSEC EDGAR DEF 14A — CIK 1043337 | — | $1.0M | $12K | 85:1 | 2023 |
| Fisker Inc./DESEC EDGAR DEF 14A — CIK 1720990 | — | $783K | $117K | 67:1 | 2022 |
| Nikola CorpSEC EDGAR DEF 14A — CIK 1731289 | — | $8.8M | $137K | 64:1 | 2023 |
| Proterra IncSEC EDGAR DEF 14A — CIK 1820630 | — | $4.7M | $81K | 58:1 | 2022 |
| MILLER INDUSTRIES INC /TN/SEC EDGAR DEF 14A — CIK 924822 | — | — | — | 57:1 | 2023 |
| KAMAN CorpSEC EDGAR DEF 14A — CIK 54381 | — | $3.5M | $63K | 56:1 | 2022 |
| Lucid Group, Inc.SEC EDGAR DEF 14A — CIK 1811210 | — | $6.8M | $137K | 50:1 | 2023 |
| Workhorse Group Inc.SEC EDGAR DEF 14A — CIK 1425287 | — | $3.4M | $73K | 46:1 | 2023 |
| ASTRONICS CORPSEC EDGAR DEF 14A — CIK 8063 | — | — | — | 42:1 | 2023 |
| ChargePoint Holdings, Inc.SEC EDGAR DEF 14A — CIK 1777393 | — | $3.6M | $104K | 35:1 | 2023 |
| Blink Charging Co.SEC EDGAR DEF 14A — CIK 1429764 | — | $1.8M | $54K | 33:1 | 2023 |
| Joby Aviation, Inc.SEC EDGAR DEF 14A — CIK 1819848 | — | $172K | $172K | 24:1 | 2023 |
| Rocket Lab CorpSEC EDGAR DEF 14A — CIK 1819994 | — | $933K | $62K | 15:1 | 2023 |
| MALIBU BOATS, INC.SEC EDGAR DEF 14A — CIK 1590976 | — | $6.4M | $491K | 13:1 | 2023 |
| IDEANOMICS, INC.SEC EDGAR DEF 14A — CIK 837852 | — | $810K | $81K | 10:1 | 2022 |
| Luminar Technologies, Inc./DESEC EDGAR DEF 14A — CIK 1758057 | — | $734K | $192K | 8:1 | 2023 |
| Rivian Automotive, Inc. / DESEC EDGAR DEF 14A — CIK 1874178 | — | $168K | $168K | 7:1 | 2023 |
| PARK AEROSPACE CORPSEC EDGAR DEF 14A — CIK 76267 | — | $366K | $52K | 7:1 | 2023 |
| MARINE PRODUCTS CORPSEC EDGAR DEF 14A — CIK 1129155 | — | $211K | $35K | 6:1 | 2023 |
| Dorman Products, Inc.SEC EDGAR DEF 14A — CIK 868780 | — | $137K | $46K | 3:1 | 2023 |
| AeroVironment IncSEC EDGAR DEF 14A — CIK 1368622 | — | $339K | $113K | 3:1 | 2023 |
| Aeva Technologies, Inc.SEC EDGAR DEF 14A — CIK 1789029 | — | $214K | $214K | 3:1 | 2022 |
Frequently Asked Questions
What's the typical pay ratio in Transportation Equipment? ▼
How much do Transportation Equipment CEOs earn? ▼
How many companies report CEO pay in Transportation Equipment? ▼
Where does this Transportation Equipment pay data come from? ▼
Read our methodology — how this data is sourced, computed, and verified.