Pipelines CEO pay ratio
SEC EDGAR DEF 14A benchmarks for SIC 46. Highest in-industry ratio on this page: Plains Gp Holdings LP at 91:1.
- Median pay ratio
- 91:1
- Average pay ratio
- 88:1
- Median CEO pay
- $12.3M
- Companies tracked
- 3
Data updated August 2026
Answer first
Pipelines sits at #40 of 63 SIC-2 industries by median CEO-to-worker pay ratio and #9 of 63 by median CEO pay - ratio rank is not dollar rank (3 FY2025 filers, median 91:1 / $12.3M).
Ranked just above: Non-Depository Credit (92:1). Just below: Fabricated Metal Products (87:1). Inside this SIC, Plains Gp Holdings LP currently leads the in-page company list at 91:1.
- Median ratio
- 91:1
- #40 of 63 SIC-2 industries
- Median CEO pay
- $12.3M
- #9 of 63 by median dollars
- Filers
- 3
- FY2025 SIC 46
Pipelines vs all SIC-2 industries
Pipelines is #40 of 63 industries by median CEO-to-worker pay ratio (38th percentile). Corpus complete-filing median is 87:1; this industry's median is 91:1.
Filing-year trail · SIC 46
FY2022–2025 cohort medians; changes compare adjacent years and are not inflation-adjusted.
- Latest median ratio
- 91:1
- FY2025
- vs prior FY
- +86:1
- from FY2024 5:1
- Median CEO $ YoY
- +44%
- $12.3M latest
- Filer count YoY
- 0
- 3 in FY2025
| FY | Median ratio | Δ ratio | Median CEO pay | Δ pay | Filers |
|---|---|---|---|---|---|
| 2022 | 23:1 | - | $3.3M | - | 4 |
| 2023 | 48:1 | +25:1 | $7.5M | +128% | 4 |
| 2024 | 5:1 | -43:1 | $8.5M | +14% | 3 |
| 2025 | 91:1 | +86:1 | $12.3M | +44% | 3 |
Source: PlainCEOPay industry_benchmarks for SIC 46 (Pipelines), FY2022–2025. Each row is one fiscal-year cohort median, not a company-level panel.
Higher-third median CEO pay
Pipelines in the thin-filer third
Pipelines median CEO pay $12.3M sits in the top third of SIC-2 industries (#9 of 63 by dollars). 3 FY2025 filers put Pipelines 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 $12.3M while the 75th earned $12.3M - a spread that shows how firm size and equity packages differ inside one SIC. When the average (88:1) and median (91:1) stay close, pay practices look more uniform across the sector.
5 Pipelines companies below ; each company page sets its filing against this median.
Companies in Pipelines (5 )
| # | Company | CEO Pay | Median Worker | Pay Ratio | FY |
|---|---|---|---|---|---|
| 1 | Plains Gp Holdings LP SEC EDGAR DEF 14A, CIK 1581990 | $12.3M | $135K | 91:1 | 2025 |
| 2 | Plains All American Pipeline LP SEC EDGAR DEF 14A, CIK 1070423 | $12.3M | $135K | 91:1 | 2025 |
| 3 | HF Sinclair Corp SEC EDGAR DEF 14A, CIK 1915657 | - | - | 82:1 | 2025 |
| 4 | NuStar Energy L.P. Latest filing FY2023 SEC EDGAR DEF 14A, CIK 1110805 | $151K | $151K | 50:1 | 2023 |
| 5 | Magellan Midstream Partners, L.P. Latest filing FY2022 SEC EDGAR DEF 14A, CIK 1126975 | $5.5M | $145K | 38:1 | 2022 |
Latest filing: 2 of the 5 issuers above have no FY2025 filing on file, so their rows show their newest earlier year (see the FY column). They are ranked here beside FY2025 filers and each carries the marker; the Pipelines benchmark and the lead figures on this page use FY2025 filers only.
Open Plains Gp Holdings LP 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.