The Idiot Index
Executive Extraction in Utilities · FY 2023
29 of 36 companies · highest first- 1182.4× CEO / median workerverified
- 2174.3× CEO / median workerverified
- 3151.1× CEO / median workerverified
- 4143.3× CEO / median workerverified
- 5133.9× CEO / median workerverified
- 687.67× CEO / median workerverified
- 783.92× CEO / median workerverified
- 882.13× CEO / median workerverified
- 981.39× CEO / median workerverified
- 1079.98× CEO / median workerverified
Not yet covered (7)
These companies are in the Utilities 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
- Utilities
- Methodology version
- v1.0.0
Applied to regulated electric, gas, and water utilities. COGS captures fuel and purchased power; rates are set by regulators with an allowed return on capital, so Markup is bounded by regulation rather than competition. The interesting indicators in this sector are Labor Share (workforce concentration) and Shareholder Extraction (regulated dividends vs grid investment).
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).