Williams Companies, Inc. (The) WMB

69.26 (1.32) (1.87%) as of 25 Sep
Market cap
$86.1B
P/E
27.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Williams Companies, Inc. (The) (WMB) Operating margin

Williams Companies, Inc. (The)'s operating margin over the twelve months to 30 June 2026 was 38.2%, up 3.1 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 32.1% and above the Energy sector median of 14.4%.

Operating margin, annual

Annual

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

Period Operating margin Change (points)
Jun 2026 38.7% (4.88)
Mar 2026 43.6% 10.83
Dec 2025 32.8% (5.17)
Sep 2025 37.9% 3.96
42 more quarters

Against its own ten years

Low 3.07% High 39.5%
Ten-year median 24.8%
Current reading's percentile 91

Operating margin against peers

Company Operating margin
TRP TC Energy Corporation compare 53.9%
MPLX MPLX LP compare 44.4%
WMB Williams Companies, Inc. (The) 38.2%
LNG Cheniere Energy, Inc. compare 29.9%
KMI Kinder Morgan, Inc. compare 29.1%
TRGP Targa Resources, Inc. compare 22.9%
OKE ONEOK, Inc. compare 15.5%
EPD Enterprise Products Partners L.P. compare 13.4%
ET Energy Transfer LP compare 10.0%
Oil & Gas Midstream industry median 32.1%
Energy sector median 14.4%
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

The full definition of Operating margin →

More on WMB