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
Follow WMB
Alert me
Williams Companies, Inc. (The) (WMB) Operating margin
Williams Companies, Inc. (The)'s operating margin over the twelve months to 30 September 2026 was 37.5%, up 2.4 percentage points from fiscal 2025 (35.1%). Over the past ten years it has ranged from 3.07% (fiscal 2015) to 39.5% (fiscal 2023); the current reading is higher than 91% of that period. That is above the Oil & Gas Midstream industry median of 34.7% and above the Energy sector median of 15.2%.
Operating margin, annual
Embed this chart
Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 35.1% | 3.32 |
| FY2024 | 31.8% | (7.74) |
| FY2023 | 39.5% | 12.01 |
| FY2022 | 27.5% | 2.76 |
| FY2021 | 24.8% | (3.77) |
| FY2020 | 28.5% | 5.11 |
| FY2019 | 23.4% | 14.58 |
| FY2018 | 8.84% | (2.70) |
| FY2017 | 11.5% | 2.35 |
| FY2016 | 9.19% | 6.12 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 35.3% | (3.47) |
| Jun 2026 | 38.7% | (4.88) |
| Mar 2026 | 43.6% | 10.83 |
| Dec 2025 | 32.8% | (5.17) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| TRP TC Energy Corporation compare | 53.9% |
| MPLX MPLX LP compare | 42.0% |
| WMB Williams Companies, Inc. (The) | 37.5% |
| KMI Kinder Morgan, Inc. compare | 29.0% |
| LNG Cheniere Energy, Inc. compare | 28.1% |
| TRGP Targa Resources, Inc. compare | 22.5% |
| OKE ONEOK, Inc. compare | 14.2% |
| EPD Enterprise Products Partners L.P. compare | 12.7% |
| ET Energy Transfer LP compare | 9.17% |
| Oil & Gas Midstream industry median | 34.7% |
| Energy sector median | 15.2% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on WMB
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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