The Idiot Index

Sector
Executive ExtractionApplied to airlines, parcel delivery, freight rail, and trucking. COGS captures fuel, crew, equipment maintenance, and direct operations. Capital intensity is high (fleets, terminals, networks); Operational Markup is the load-bearing signal because pure Markup ignores the…

Executive Extraction in Transportation · FY 2023

25 of 30 companies · highest first
  1. 1
    CHRWC.H. Robinson
    CEO earns 572× the median worker
    sector median 123.4Top 2%
    572.3
    × CEO / median worker
  2. 2
    UPSUPS
    CEO earns 436× the median worker
    sector median 123.4Top 6%
    436.1
    × CEO / median worker
  3. 3
    GBXGreenbrier
    CEO earns 396× the median worker
    sector median 123.4Top 10%
    395.9
    × CEO / median worker
  4. 4
    TRNTrinity Industries
    CEO earns 353× the median worker
    sector median 123.4Top 14%
    352.5
    × CEO / median worker
  5. 5
    DALDelta
    CEO earns 336× the median worker
    sector median 123.4Top 18%
    335.6
    × CEO / median worker
  6. 6
    FDXFedEx
    CEO earns 288× the median worker
    sector median 123.4Top 22%
    288.4
    × CEO / median worker
  7. 7
    UALUnited Airlines
    CEO earns 229× the median worker
    sector median 123.4Median range
    229.2
    × CEO / median worker
  8. 8
    JBLUJetBlue
    CEO earns 212× the median worker
    sector median 123.4Median range
    212.0
    × CEO / median worker
  9. 9
    RRyder
    CEO earns 170× the median worker
    sector median 123.4Median range
    170.0
    × CEO / median worker
  10. 10
    ODFLOld Dominion
    CEO earns 156× the median worker
    sector median 123.4Median range
    155.5
    × CEO / median worker

Not yet covered (5)

These companies are in the Transportation cohort but don't have a Executive Extraction computed for FY 2023. Either the underlying inputs aren't tagged in their XBRL filings, the DEF 14A pay-ratio narrative didn't parse cleanly, or this fiscal year hasn't been ingested for them yet.

What this measures

Full methodology →

How many times a CEO out-earns the median employee.

Ratio
Executive Extraction
Sector
Transportation
Methodology version
v1.0.0
Formula
CEOTotalCompensation / MedianEmployeeCompensation
Sector context

Applied to airlines, parcel delivery, freight rail, and trucking. COGS captures fuel, crew, equipment maintenance, and direct operations. Capital intensity is high (fleets, terminals, networks); Operational Markup is the load-bearing signal because pure Markup ignores the depreciation and SG&A required to keep the network running. Labor Share is closely watched in this sector — most transport firms are unionized.

Required disclosure under Dodd-Frank Section 953(b) since 2018. Filed in DEF 14A proxy statements. The dashboard aggregates the disclosure across the top 50 and ranks.

Source data: CEO total compensation and median employee compensation, both as filed in the company's most recent DEF 14A. When the ratio is XBRL-tagged we use the tagged value; otherwise the narrative disclosure is parsed (~99% accuracy).