Electric, Gas & Sanitary Services CEO pay ratio
SEC EDGAR DEF 14A benchmarks for SIC 49. Highest in-industry ratio on this page: American Electric Power Co Inc at 261:1.
- Median pay ratio
- 80:1
- Average pay ratio
- 81:1
- Median CEO pay
- $9.1M
- Companies tracked
- 58
Data updated August 2026
Answer first
Electric, Gas & Sanitary Services sits at #47 of 63 SIC-2 industries by median CEO-to-worker pay ratio and #22 of 63 by median CEO pay - ratio rank is not dollar rank (58 FY2025 filers, median 80:1 / $9.1M).
Placement uses the same latest-fiscal-year-per-SIC medians as the Industries directory. Median-ratio rank #47 of 63 is not median-CEO-pay rank #22 of 63. Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. Inside this SIC, American Electric Power Co Inc currently leads the in-page company list at 261:1.
- Median ratio
- 80:1
- #47 of 63 SIC-2 industries
- Median CEO pay
- $9.1M
- #22 of 63 by median dollars
- Filers
- 58
- FY2025 SIC 49
Ratio bands inside Electric, Gas & Sanitary Services
Exclusive CEO-to-median-worker bands across 51 complete FY2025 filings in SIC 49. Segments sum to the in-industry set, not the leader bars below.
Electric, Gas & Sanitary Services vs all SIC-2 industries
Unique-issuer pay ratios in this SIC as bars , plus live COUNT placement #47 of 63 industries by median CEO-to-worker pay ratio (27th percentile) . Corpus complete-filing median is 87:1; this industry's median is 80:1.
Filing-year trail · SIC 49
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
- 80:1
- FY2025
- vs prior FY
- +0.5:1
- from FY2024 79:1
- Median CEO $ YoY
- -6.2%
- $9.1M latest
- Filer count YoY
- -3
- 58 in FY2025
| FY | Median ratio | Δ ratio | Median CEO pay | Δ pay | Filers |
|---|---|---|---|---|---|
| 2021 | 78:1 | - | $8.0M | - | 50 |
| 2022 | 65:1 | -13:1 | $7.0M | -12% | 62 |
| 2023 | 72:1 | +6.5:1 | $9.0M | +28% | 62 |
| 2024 | 79:1 | +7.5:1 | $9.7M | +8% | 61 |
| 2025 | 80:1 | +0.5:1 | $9.1M | -6.2% | 58 |
Source: PlainCEOPay industry_benchmarks for SIC 49 (Electric, Gas & Sanitary Services), FY2021–2025. Each row is one fiscal-year cohort median, not a company-level panel.
Heavy industry filer count
Electric, Gas & Sanitary Services in the lower-ratio third
58 FY2025 DEF 14A filers put Electric, Gas & Sanitary Services in the heaviest third of SIC-2 volumes. Electric, Gas & Sanitary Services (SIC 49) posts a lower-third median CEO-to-worker pay ratio of 80:1 across 58 FY2025 SEC filers.
Even in the lower-ratio third, the 25th percentile CEO earned $5.4M while the 75th earned $16.0M. When the average (81:1) and median (80:1) stay close, pay practices look more uniform across the sector.
Below: each of the 78 Electric, Gas & Sanitary Services 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 Electric, Gas & Sanitary Services (78 )
| # | Company | CEO Pay | Median Worker | Pay Ratio | FY |
|---|---|---|---|---|---|
| 1 | American Electric Power Co Inc SEC EDGAR DEF 14A, CIK 4904 | $36.6M | $140K | 261:1 | 2025 |
| 2 | Nrg Energy, Inc. SEC EDGAR DEF 14A, CIK 1013871 | $21.8M | $93K | 234:1 | 2025 |
| 3 | Southern Co SEC EDGAR DEF 14A, CIK 92122 | $28.2M | $173K | 163:1 | 2025 |
| 4 | Nextera Energy Inc SEC EDGAR DEF 14A, CIK 753308 | $24.2M | $165K | 147:1 | 2025 |
| 5 | Targa Resources Corp. SEC EDGAR DEF 14A, CIK 1389170 | $21.4M | $148K | 145:1 | 2025 |
| 6 | Sempra SEC EDGAR DEF 14A, CIK 1032208 | $22.3M | $171K | 130:1 | 2025 |
| 7 | Waste Connections, Inc. SEC EDGAR DEF 14A, CIK 1318220 | - | - | 130:1 | 2025 |
| 8 | Ugi Corp /pa/ Latest filing FY2024 SEC EDGAR DEF 14A, CIK 884614 | $9.3M | $75K | 125:1 | 2024 |
| 9 | Aes Corp SEC EDGAR DEF 14A, CIK 874761 | $9.1M | $76K | 120:1 | 2025 |
| 10 | Stericycle Inc Latest filing FY2023 SEC EDGAR DEF 14A, CIK 861878 | $7.3M | $62K | 117:1 | 2023 |
| 11 | Vistra Corp. SEC EDGAR DEF 14A, CIK 1692819 | $16.0M | $137K | 117:1 | 2025 |
| 12 | Midstream Co LLC Latest filing FY2023 SEC EDGAR DEF 14A, CIK 1747009 | $15.5M | $137K | 113:1 | 2023 |
| 13 | Ameren Corp SEC EDGAR DEF 14A, CIK 1002910 | $14.1M | $125K | 112:1 | 2025 |
| 14 | Cheniere Energy, Inc. SEC EDGAR DEF 14A, CIK 3570 | $233K | $233K | 110:1 | 2025 |
| 15 | Xcel Energy Inc SEC EDGAR DEF 14A, CIK 72903 | $16.0M | $148K | 108:1 | 2025 |
| 16 | Dominion Energy, Inc SEC EDGAR DEF 14A, CIK 715957 | $16.0M | $149K | 107:1 | 2025 |
| 17 | Atmos Energy Corp Latest filing FY2024 SEC EDGAR DEF 14A, CIK 731802 | $10.0M | $94K | 106:1 | 2024 |
| 18 | Duke Energy CORP SEC EDGAR DEF 14A, CIK 1326160 | $133K | $133K | 106:1 | 2025 |
| 19 | Nisource Inc. SEC EDGAR DEF 14A, CIK 1111711 | $13.3M | $125K | 106:1 | 2025 |
| 20 | Eversource Energy SEC EDGAR DEF 14A, CIK 72741 | $15.0M | $144K | 104:1 | 2025 |
| 21 | Exelon Corp SEC EDGAR DEF 14A, CIK 1109357 | $15.5M | $151K | 103:1 | 2025 |
| 22 | PG&E Corp SEC EDGAR DEF 14A, CIK 1004980 | $19.8M | $198K | 100:1 | 2025 |
| 23 | PACIFIC GAS & ELECTRIC Co SEC EDGAR DEF 14A, CIK 75488 | $19.8M | $198K | 100:1 | 2025 |
| 24 | National Fuel Gas Co SEC EDGAR DEF 14A, CIK 70145 | $9.1M | $93K | 98:1 | 2025 |
| 25 | Consolidated Edison Inc SEC EDGAR DEF 14A, CIK 1047862 | $19.9M | $207K | 96:1 | 2025 |
Latest filing: 4 of the 25 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 Electric, Gas & Sanitary Services benchmark and the lead figures on this page use FY2025 filers only.
Showing the top 25 unique CIKs by pay ratio (each issuer's latest filing). 53 additional Electric, Gas & Sanitary Services issuers are on company pages and the national rankings · browse all.
58 FY2025 DEF 14A filers put Electric, Gas & Sanitary Services in the heaviest third of SIC-2 volumes. Open American Electric Power Co Inc 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.