The Idiot Index

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Sector
Labor ShareApplied to companies whose primary cost basis is cloud infrastructure and customer-facing operations rather than physical materials. The Markup Ratio carries explicit context that COGS captures non-material inputs.
OrderHighest first

Labor Share in Consumer Internet · FY 2023

25 of 37 companies · highest first
  1. 1
    YELPYelp
    66¢ of every $1 of revenue reaches workers
    sector median 0.2475Bottom 2%
    0.6569
    of revenue → workers
  2. 2
    RBLXRoblox
    54¢ of every $1 of revenue reaches workers
    sector median 0.2475Bottom 6%
    0.5420
    of revenue → workers
  3. 3
    PINSPinterest
    54¢ of every $1 of revenue reaches workers
    sector median 0.2475Bottom 10%
    0.5402
    of revenue → workers
  4. 4
    TWLOTwilio
    51¢ of every $1 of revenue reaches workers
    sector median 0.2475Bottom 14%
    0.5109
    of revenue → workers
  5. 5
    ABNBAirbnb
    37¢ of every $1 of revenue reaches workers
    sector median 0.2475Bottom 18%
    0.3653
    of revenue → workers
  6. 6
    TTWOTake-Two
    34¢ of every $1 of revenue reaches workers
    sector median 0.2475Bottom 22%
    0.3443
    of revenue → workers
  7. 7
    BMBLBumble
    31¢ of every $1 of revenue reaches workers
    sector median 0.2475Median range
    0.3147
    of revenue → workers
  8. 8
    ETSYEtsy
    31¢ of every $1 of revenue reaches workers
    sector median 0.2475Median range
    0.3092
    of revenue → workers
  9. 9
    CARGCarGurus
    31¢ of every $1 of revenue reaches workers
    sector median 0.2475Median range
    0.3071
    of revenue → workers
  10. 10
    GOOGLAlphabet
    29¢ of every $1 of revenue reaches workers
    sector median 0.2475Median range
    0.2906
    of revenue → workers

Not yet covered (12)

These companies are in the Consumer Internet cohort but don't have a Labor Share 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 much of every revenue dollar reaches workers.

Ratio
Labor Share
Sector
Consumer Internet
Methodology version
v1.0.0
Formula
TotalEmployeeCompensation / Revenue
Sector context

Applied to companies whose primary cost basis is cloud infrastructure and customer-facing operations rather than physical materials. The Markup Ratio carries explicit context that COGS captures non-material inputs.

How much of revenue flows to the people creating it. Includes wages, salaries, benefits, and stock-based compensation.

When direct disclosure is missing: approximated as Headcount × Median Pay × 1.30 (1.30 grosses up base pay to fully-loaded compensation including benefits and equity). The approximation is documented per company on its detail page.

Source data: LaborAndRelatedExpense, ShareBasedCompensation (us-gaap), or EmployeeBenefitsExpense (ifrs-full). When approximated: NumberOfEmployees × disclosed median compensation.