The Torrid NOligarchy Profile
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NOligarchy Score
89.5
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Torrid earns a NOligarchy Score of 89.34 out of 100 — third-highest in its sector, built on a complete absence of lobbying activity, Political Action Committee (PAC) spending, and regulatory fines. The picture that emerges is of a mid-sized clothing retailer that, by the measures visible in the public record, is choosing not to play the games that dominate its industry. The one drag on its score is a CEO-to-worker pay gap that — without a public disclosure to verify — rests on industry estimates rather than hard numbers from a proxy filing.
Current Pillar Scores
Political Access
100.0
Wealth Extraction
58.5
Playing by the Rules
100.0
Score history — 23 quarters
Tier bands show where each quarter's score falls — no numeric y-axis needed. The dashed ring marks the year-over-year comparison point. Tap any quarter but the first to see its pillar breakdown.
The Pillar Grades:
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Political Access Grade: 100/100. From Q3 2024 through Q2 2026 (8 quarters — the two-year tracking period), Torrid filed zero federal lobbying disclosures, spent nothing through a PAC, and reported no individual executive donations to federal candidates. No outside lobbying firms were retained. No former government officials were hired to work the halls of Congress.
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Wealth Extraction Grade: 58.12/100. The weakest of Torrid’s three pillar grades. Because Torrid is not required to publicly disclose its CEO pay ratio, the best available estimate — drawn from industry benchmarks — puts the gap at 248:1. No stock buyback or dividend totals are recorded for the two-year period.
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Playing by the Rules Grade: 100/100. No regulatory fines, no recorded violations, no public subsidies. On the public docket, Torrid’s compliance record is spotless.
The Sector Context: Torrid ranks 3rd out of 23 companies in the Clothing and clothing accessories retailers sector, against a sector average score of 69.7. Torrid’s score of 89.34 outperforms the typical company in this space by nearly 20 points — a genuine accountability outlier among peers.
The Bottom Line: Clean Where It Counts, Opaque Where It Matters
Torrid spent nothing lobbying Congress, donated nothing to PACs or federal candidates, paid no regulatory fines, and accepted no government subsidies during the two-year period. The company generated just over $1 billion in annual revenue according to its SEC EDGAR 10-K (CIK 0001792781) filing. The single accountability gap is the one that most directly affects Torrid’s own workforce: because the company does not publicly disclose its CEO pay ratio, the actual earnings divide between the executive suite and the frontline employees who run the stores and fulfill the orders cannot be independently verified — only estimated.
No Footprint in Washington
Torrid has no presence in the federal lobbying ecosystem. The Senate Lobbying Disclosure Act (LDA) database records zero filings, zero dollars spent, and zero lobbyists — neither in-house nor through outside firms. The company also reported no PAC activity and no executive donations to federal candidates, confirmed through Federal Election Commission (FEC) records covering the full two-year period.
EXHIBIT — THE RESERVED SEAT
$0 in lobbying · $0 in PAC money
Torrid filed no federal lobbying and ran no corporate PAC in this window — the reserved seat at the witness table sits empty.
For a clothing retailer of Torrid’s size — just over $1 billion in annual sales, competing in a sector that frequently lobbies on trade policy, tariffs, textile import rules, and labor standards — this is a genuine departure from industry norms. Many of Torrid’s peers in the sector retain lobbying firms and maintain PACs specifically because those policy areas directly shape their cost structures. Torrid chose not to.
No revolving-door hires are recorded. No former congressional staffers, agency officials, or White House alumni are on the payroll in a government-relations capacity. The result is a political footprint of exactly zero.
An Undisclosed Pay Gap
Torrid’s CEO pay ratio is not publicly disclosed. The best available figure is 248:1, based on AFL-CIO Executive Paywatch industry benchmarks for comparable companies in this sector. That estimate means the CEO’s total compensation is likely more than 248 times what the company’s median worker — probably a part-time retail associate or e-commerce fulfillment worker — takes home. Because this figure is a benchmark rather than a filed disclosure, the true gap could be wider or narrower; there is no proxy statement to check.
No stock buyback or dividend totals are recorded in SEC 10-K filings for the two-year period, so no shareholder payout program is on record here and no per-worker raise calculation can be performed.
A Clean Record on the Public Docket
There is nothing to report here in the conventional sense — and that itself is worth saying plainly. No regulatory agency fined Torrid over the two-year tracking period. No violations are recorded in the public enforcement database. No government grants, tax credits, or public subsidies were accepted.
For a company operating retail locations and a significant e-commerce fulfillment operation — business lines that frequently generate wage-and-hour complaints, workplace safety citations, and consumer protection actions — a clean enforcement record is not guaranteed. Torrid appears to have earned it.