SIC 46 FY2025 SEC EDGAR DEF 14A #40 of 63 industries

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

Highest ratios in Pipelines Horizontal bar chart of the top 3 items by value (:1). Highest ratios in Pipelines Top 3 1. Plains Gp Holdings LP 91:1 2. Plains All American Pipeline LP 91:1 3. HF Sinclair Corp 82:1 Live DEF 14A · SIC 46 · FY2025

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).

Placement uses the same latest-fiscal-year-per-SIC medians as the Industries directory. Median-ratio rank #40 of 63 is not median-CEO-pay rank #9 of 63. Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. 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

Unique-issuer pay ratios in this SIC as bars , plus live COUNT placement #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.

1. Plains Gp Holdings LP91:12. Plains All American Pipel…2. Plains All American Pipeline LP91:13. HF Sinclair Corp82:1
Highest unique-CIK ratios in SIC 46 · same ORDER BY pay_ratio DESC as the company table
0th100th38th pct
Median-ratio percentile · #40 of 63 SIC-2 industries

Filing-year trail · SIC 46

Same SIC-2 industry_benchmarks extract across FY2022–2025: 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
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
Pipelines SIC 46 median pay ratio, median CEO pay, and filer counts by fiscal year from SEC EDGAR DEF 14A industry benchmarks.
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.

Below: each of the 5 Pipelines 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 Pipelines (5 )

# Company CEO PayMedian WorkerPay RatioFY
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 row shows 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.

Pipelines median CEO pay $12.3M sits in the top third of SIC-2 industries (#9 of 63 by dollars). Open Plains Gp Holdings LP for the in-SIC filing next to this median, or compare every SIC on the Industries directory.

Data sourced from SEC EDGAR DEF 14A proxy statements for SIC 46 (Pipelines), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026; verify figures on SEC EDGAR.