stockrowWilliams 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
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Williams Companies, Inc. (The) (WMB) Gross margin
Williams Companies, Inc. (The)'s gross margin over the twelve months to 30 September 2026 was 82.1%, down 0.1 percentage points from fiscal 2025 (82.2%). Over the past ten years it has ranged from 63.0% (fiscal 2021) to 82.7% (fiscal 2023); the current reading is higher than 91% of that period. That is above the Oil & Gas Midstream industry median of 54.9% and above the Energy sector median of 42.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 82.2% | 1.91 |
| FY2024 | 80.2% | (2.49) |
| FY2023 | 82.7% | 13.46 |
| FY2022 | 69.3% | 6.26 |
| FY2021 | 63.0% | (16.97) |
| FY2020 | 80.0% | 3.89 |
| FY2019 | 76.1% | 7.26 |
| FY2018 | 68.8% | (2.53) |
| FY2017 | 71.4% | (5.64) |
| FY2016 | 77.0% | 1.17 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 80.8% | (2.50) |
| Jun 2026 | 83.3% | 1.25 |
| Mar 2026 | 82.1% | 0.00 |
| Dec 2025 | 82.1% | (1.81) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| WMB Williams Companies, Inc. (The) | 82.1% |
| TRP TC Energy Corporation compare | 70.4% |
| KMI Kinder Morgan, Inc. compare | 66.4% |
| MPLX MPLX LP compare | 57.6% |
| TRGP Targa Resources, Inc. compare | 41.8% |
| LNG Cheniere Energy, Inc. compare | 36.4% |
| OKE ONEOK, Inc. compare | 25.2% |
| ET Energy Transfer LP compare | 21.3% |
| EPD Enterprise Products Partners L.P. compare | 12.5% |
| Oil & Gas Midstream industry median | 54.9% |
| Energy sector median | 42.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on WMB
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement