The Williams Companies, Inc.

The Williams Companies, Inc.

WMBยทNYSE

$71.66

+0.49%
EnergyOil & Gas Midstream

The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment comprises gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, and the Mid-Continent region, which includes the Anadarko, Arkoma, and Permian basins; and operates natural gas liquid (NGL) fractionation and storage facilities in central Kansas near Conway. The Gas & NGL Marketing Services segment provides wholesale marketing, trading, storage, and transportation of natural gas for natural gas utilities, municipalities, power generators, and producers; risk and asset management; and NGL marketing services. The company owns and operates 30,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and approximately 23 million barrels of NGL storage capacity. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.

At a Glance

Live Snapshot
Market Cap$87.64B
EPS2.1400
P/E Ratio33.49
Earnings Date08/03/2026
3Y+9.0%
5Y+55.0%
10Y+59.0%
3Y+28.0%
5Y+1141.0%
10Y-717.0%
3Y+21.0%
5Y+69.0%
10Y+61.0%
The Williams Companies, Inc.

The Williams Companies, Inc. Profit Bridge

WMB ยท NYSE
Revenue11.95B
Cost of Goods Sold (6.83B)
Gross Profit5.12B
Operating Expenses (721.00M)
Operating Income4.40B
Interest Expense (1.44B)
Other Income/Expense-776.00M
Pretax Income3.62B
Income Tax (857.00M)
Net Income2.62B
Net Income
2.62B

Profitability Analysis

Gross Margin

42.9%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

36.8%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

21.9%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

23.6%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

The Williams Companies, Inc. Income Statement

WMB โ€ข NYSE

The Williams Companies, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
12B
10.5B
10.9B
11B
10.6B
7.7B
8.2B
8.7B
8B
7.5B
7.4B
7.6B
6.9B
7.5B
7.9B
6.6B
5.3B
11.9B
10.5B
9.4B
GROSS PROFIT
(6.8B)
(4.3B)
(4.1B)
(5.5B)
(5.9B)
(3.3B)
(3.8B)
(4.6B)
(4B)
(3.5B)
(3.5B)
(4.2B)
(3.8B)
(4.3B)
(4.6B)
(3.9B)
(3.7B)
(8.8B)
(8B)
(7.6B)
5.1B
6.2B
6.8B
5.5B
4.8B
4.4B
4.4B
4.1B
4B
4B
3.8B
3.4B
3B
3.2B
3.3B
2.8B
1.6B
3.1B
2.5B
1.8B
OPERATING INCOME
(721M)
(2.8B)
(2.5B)
(2.5B)
(2.1B)
(2.2B)
(2.5B)
(3.3B)
(3.1B)
(3.3B)
(3.6B)
(1.9B)
(1.6B)
(1.6B)
(1.5B)
(1.4B)
(460M)
(581M)
(614M)
(722M)
(721M)
(708M)
(665M)
(636M)
(558M)
(466M)
(558M)
(569M)
(594M)
(722M)
(741M)
(661M)
(512M)
(571M)
(477M)
(504M)
(494M)
(504M)
(632M)
(521M)
4.4B
3.3B
4.3B
3B
2.6B
2.2B
1.9B
768M
927M
689M
226M
1.6B
1.4B
1.6B
1.9B
1.4B
1.1B
2.5B
1.9B
1.1B
PRE-TAX INCOME
(1.4B)
(1.4B)
(1.2B)
(1.1B)
(1.2B)
(1.2B)
(1.2B)
(1.1B)
(1.1B)
(1.2B)
(1B)
(747M)
(510M)
(509M)
(573M)
(592M)
(656M)
(577M)
(653M)
(653M)
-1.4B
-1.3B
-1.2B
-1.1B
-1.2B
-1.2B
-1.2B
-1.1B
-1.1B
-1.2B
-1B
-747M
-510M
-509M
-573M
-592M
-595M
-577M
-653M
-653M
(0.0)
(2.1B)
(1.8B)
(1.8B)
(1.6B)
(1.7B)
(1.9B)
(2.8B)
(2.5B)
(2.6B)
(2.9B)
(1.2B)
(1.1B)
(1.1B)
(991M)
(855M)
-34M
(77M)
-18M
(201M)
-776M
-353M
94M
-476M
-558M
-1.9B
-857M
-437M
-392M
-1.1B
-1.9B
2B
-295M
-323M
-665M
-1B
-556M
-389M
-494M
-530M
3.6B
3B
4.4B
2.5B
2.1B
277M
1.1B
331M
535M
-375M
-1.7B
3.6B
1.1B
1.3B
1.2B
385M
550M
2.1B
1.4B
558M
NET INCOME
(857M)
(640M)
(1B)
(425M)
(511M)
(79M)
(335M)
(138M)
-2B
-25M
-399M
(1.2B)
(401M)
(360M)
(124M)
(114M)
(204M)
(677M)
(524M)
(211M)
2.6B
2.2B
3.2B
2B
1.5B
211M
850M
-155M
2.2B
-424M
-571M
2.1B
430M
859M
376M
-1.1B
285M
1.4B
990M
309M

SEC Filings

WMB - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 20, 2026
May 20, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 04, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

March 26, 2026
March 26, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 18, 2026
April 28, 2026
2026
10-K

10-K 2025 FY

FY

February 24, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 10, 2026
February 10, 2026
2026
8-K

8-K 2026

N/A

January 08, 2026
January 05, 2026
2026
8-K

8-K 2026

N/A

January 08, 2026
January 08, 2026
2026
Showing 1 to 10 of 783 filings