Railroads CEO pay ratio
SEC EDGAR DEF 14A benchmarks for SIC 40. Highest in-industry ratio on this page: Union Pacific Corp at 151:1.
- Median pay ratio
- 137:1
- Average pay ratio
- 137:1
- Median CEO pay
- $16.3M
- Companies tracked
- 3
Data updated August 2026
Answer first
Railroads sits at #23 of 63 SIC-2 industries by median CEO-to-worker pay ratio and #2 of 63 by median CEO pay - ratio rank is not dollar rank (3 FY2025 filers, median 137:1 / $16.3M).
Ranked just above: Industrial Machinery & Equipment (139:1). Just below: Auto Repair Services (131:1). Inside this SIC, Union Pacific Corp currently leads the in-page company list at 151:1.
- Median ratio
- 137:1
- #23 of 63 SIC-2 industries
- Median CEO pay
- $16.3M
- #2 of 63 by median dollars
- Filers
- 3
- FY2025 SIC 40
Railroads vs all SIC-2 industries
Railroads is #23 of 63 industries by median CEO-to-worker pay ratio (65th percentile). Corpus complete-filing median is 87:1; this industry's median is 137:1.
Filing-year trail · SIC 40
FY2021–2025 cohort medians; changes compare adjacent years and are not inflation-adjusted.
- Latest median ratio
- 137:1
- FY2025
- vs prior FY
- +13:1
- from FY2024 124:1
- Median CEO $ YoY
- +6%
- $16.3M latest
- Filer count YoY
- 0
- 3 in FY2025
| FY | Median ratio | Δ ratio | Median CEO pay | Δ pay | Filers |
|---|---|---|---|---|---|
| 2021 | 162:1 | - | $14.6M | - | 3 |
| 2022 | 99:1 | -63:1 | $11.7M | -20% | 3 |
| 2024 | 124:1 | +25:1 | $15.4M | +31% | 3 |
| 2025 | 137:1 | +13:1 | $16.3M | +6% | 3 |
Source: PlainCEOPay industry_benchmarks for SIC 40 (Railroads), FY2021–2025. Each row is one fiscal-year cohort median, not a company-level panel.
Higher-third median CEO pay
Railroads in the thin-filer third
Railroads median CEO pay $16.3M sits in the top third of SIC-2 industries (#2 of 63 by dollars). 3 FY2025 filers put Railroads in the lightest third by raw volume; year-to-year swings are noisier, so pair counts with the median ratio above.
The 25th percentile CEO earned $15.7M while the 75th earned $18.3M - a spread that shows how firm size and equity packages differ inside one SIC. When the average (137:1) and median (137:1) stay close, pay practices look more uniform across the sector.
3 Railroads companies below ; each company page sets its filing against this median.
Companies in Railroads (3 )
| # | Company | CEO Pay | Median Worker | Pay Ratio | FY |
|---|---|---|---|---|---|
| 1 | Union Pacific Corp SEC EDGAR DEF 14A, CIK 100885 | $20.3M | $134K | 151:1 | 2025 |
| 2 | Norfolk Southern Corp SEC EDGAR DEF 14A, CIK 702165 | $16.3M | $119K | 137:1 | 2025 |
| 3 | Csx Corp SEC EDGAR DEF 14A, CIK 277948 | $15.1M | $122K | 123:1 | 2025 |
Open Union Pacific Corp for the in-SIC filing next to this median, or compare every SIC on the Industries directory.
Read our methodology - how this data is sourced, computed, and verified.