Williams Companies, Inc. (The)

WMB Energy Oil & Gas Midstream

Williams Companies, Inc. (The)’s revenue for fiscal 2025 (year ended December 2025) was $12.0 billion, up 13.8% from fiscal 2024.

Revenue
+10.3%
EPS
+16.9%
Free cash flow
−263.0%
Total debt
+22.0%

Quarter to September 2026, against a year earlier

64.57 3.29 −4.85%
Market cap
$80.3B
P/E
24.7×
Fwd P/E
29.8×
Dividend yield
3.21%
F-score
7/9
Altman Z
1.10
Beneish M
−2.65
Dividend safety
18/100

Williams Companies, Inc. (The) (WMB) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Williams Companies, Inc. (The) (WMB) trades at a EV/EBITDA of 15.6×. Over the past ten years it has ranged from 9.1× (March 2020) to 23.9× (June 2015); the current reading is higher than 56% of that period. That is above the Oil & Gas Midstream industry median of 9.0× and above the Energy sector median of 6.2×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 15.4× (5.87%)
FY2024 16.3× 57.82%
FY2023 10.3× (14.30%)
FY2022 12.1× 2.50%
FY2021 11.8× 5.34%
FY2020 11.2× (19.91%)
FY2019 14.0× (18.62%)
FY2018 17.2× 2.76%
FY2017 16.7× (10.03%)
FY2016 18.6× 31.70%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 16.2× (5.13%)
Jun 2026 17.1× (0.89%)
Mar 2026 17.3× 12.36%
Dec 2025 15.4× (7.05%)
43 more quarters

Against its own ten years

Low 9.1× High 23.9×
Ten-year median 14.9×
Current reading's percentile 56

EV/EBITDA against peers

Company EV/EBITDA
ET Energy Transfer LP compare 7.9×
LNG Cheniere Energy, Inc. compare 9.9×
EPD Enterprise Products Partners L.P. compare 10.6×
OKE ONEOK, Inc. compare 10.8×
MPLX MPLX LP compare 11.8×
KMI Kinder Morgan, Inc. compare 12.8×
TRP TC Energy Corporation compare 13.4×
TRGP Targa Resources, Inc. compare 13.4×
WMB Williams Companies, Inc. (The) 15.6×
Oil & Gas Midstream industry median 9.0×
Energy sector median 6.2×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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