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).
Placement uses the same latest-fiscal-year-per-SIC medians as the Industries directory. Median-ratio rank #23 of 63 is not median-CEO-pay rank #2 of 63. Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. 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
Unique-issuer pay ratios in this SIC as bars , plus live COUNT placement #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
Same SIC-2 industry_benchmarks extract across FY2021–2025: median CEO-to-worker pay ratio, median CEO dollars, and filer count per fiscal year. Year-over-year deltas compare adjacent filing years only; they are not inflation-adjusted and do not invent missing years.
- 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.
Below: each of the 3 Railroads companies PlainCEOPay tracks in this SIC , with CEO total compensation, median worker pay, and pay ratios. Company pages compare each filing to this industry median. Figures are from SEC EDGAR filings - not estimates.
According to the U.S. Securities and Exchange Commission's EDGAR database, PlainCEOPay's August 2026 refresh processed 2,456 public companies with 1,423 complete FY2025 DEF 14A proxy filings (fiscal years 2021 through 2025) under Item 402(u) of Regulation S-K. See our methodology for parsing rules.
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 |
Railroads median CEO pay $16.3M sits in the top third of SIC-2 industries (#2 of 63 by dollars). 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.