Company Pay Ratios
Publicly traded companies are required to disclose the pay ratio between their chief executive officers and median employees. High CEO-to-worker pay ratios contribute to economic inequality and can undermine employee morale and productivity. The average S&P 500 company’s CEO-to-worker pay ratio was 272-to-1 in 2022.
| Ticker Sort descending | Company | Median Worker Pay | Pay Ratio |
|---|---|---|---|
| MMM | 3M Co. | $70,905 | 198:1 |
| MMP | Magellan Midstream Partners, L.p. | $145,232 | 38:1 |
| MMS | Maximus, Inc. | $39,019 | 161:1 |
| MMSI | Merit Medical Systems Inc. | $35,793 | 227:1 |
| MNK | Mallinckrodt PLC | $104,032 | 80:1 |
| MNKD | Mannkind Corp. | $152,263 | 26:1 |
| MNRO | Monro, Inc. | $41,978 | 37:1 |
| MNSB | Mainstreet Bancshares, Inc. | $108,250 | 12:1 |
| MNST | Monster Beverage Corp. | $73,523 | 210:1 |
| MNTV | Momentive Global Inc. | $194,970 | 39:1 |
| MO | Altria Group, Inc. | $133,782 | 121:1 |
| MOD | Modine Manufacturing Co. | $30,659 | 157:1 |
| MODN | Model N, Inc. | $92,328 | 77:1 |
| MODV | Modivcare Inc. | $14,027 | 188:1 |
| MOFG | Midwestone Financial Group, Inc. | $61,332 | 15:1 |
| MOH | Molina Healthcare, Inc. | $75,433 | 293:1 |
| MORN | Morningstar, Inc. | $55,345 | 114:1 |
| MOS | Mosaic Co. | $27,625 | 437:1 |
| MOV | Movado Group Inc. | $48,797 | 104:1 |
| MP | MP Materials Corp. | $85,433 | 19:1 |
NOTE: For companies with more than one CEO during the year, the highest-paid CEO is included in the database. Pay ratio between CEO pay and median employee pay are displayed as disclosed by each company’s proxy statement. The CEO pay ratio may not equal the displayed CEO’s total compensation due to differing company methodologies in calculating pay ratios.
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