WMB Williams Companies

XNYS Up Alert

Energy

· How we analyze

About the company

Williams Companies is a US energy company for natural gas infrastructure. It runs large pipelines such as Transco, which transport natural gas across the US, as well as facilities for gathering, processing and storing gas. As of Oct 11, 2026

Fact sheet (from the annual report) Natural gas transmission · Tulsa, USA

Williams is an energy company that gathers, processes, transports and stores natural gas. In addition, there is fractionation, transportation and storage of natural gas liquids as well as marketing services. The subsidiary Transco operates a natural gas pipeline from Texas, Louisiana and the Gulf of America to the greater New York area. The subsidiary NWP carries natural gas from the San Juan Basin in New Mexico and Colorado to the Canadian border. The interstate gas transportation of both subsidiaries is regulated by FERC. Customers of Williams’ interstate pipelines include local gas utilities, municipal utilities, industry, power generators as well as marketers and producers.

Automatically summarized from SEC annual report (10-K, filed Feb 24, 2026) (website of the US Securities and Exchange Commission) · reviewed Oct 14, 2026

Price performance at a glance

Last 30 trading days
  • Today +3.3%
  • 7 days +5.4%
  • 30 days +7.0%
  • 1 year +28.5%
Day range (last trading day)
−3.0%Price at 95% of the range+0.1%
52-week range
−24.2%Price at 75% of the range+8.1%
Distance from the all-time high
−7.5%

Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.

Fundamentals · Analysis method

Growth, margin and debt compared with the sector – in detail in the fundamental analysis further down. The chart shows the candles without a buy zone.

Growth: yellowMargin: greenDebt: gray

Load chart from TradingView

This transfers data (including your IP address) to TradingView, also to the USA. More in the Privacy policy.

Symbol on TradingView: NYSE:WMB

Fundamental analysis

Williams Companies · Sector Energy · amounts in USD

Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Feb 24, 2026.

Quality checks

Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.

Fiscal year to Dec 31, 2025

Quality Profitability, consistency, balance sheet · 1 without data 5 of 7 criteria met Growth Revenue and earnings per share 4 of 7 criteria met Dividend Level, consistency, coverage 5 of 7 criteria met Financial strength Piotroski, debt, liquidity · 1 without data 3 of 5 criteria met

Quality 5 of 7 met · 1 without data

  • no data: Gross margin above 40% not stated in the SEC filings
  • met: Operating margin above 15% 35.1%
  • met: Net margin above 10% 21.9%
  • met: Return on equity above 15% 20.4%
  • not met: Free cash flow margin above 10% 8.4%
  • met: Profit in each of the last 5 fiscal years 5 of 5
  • met: Free cash flow positive in each of the last 3 fiscal years 3 of 3
  • not met: Equity ratio above 30% 21.9%
Operating margin

35.1% Fiscal year 2025

Rank 86 of 100: higher than 86% of 192 peers (All). strong.

Rank 90 of 100: higher than 90% of 5 peers (Sector). strong.

Median Energy: 6.6%

Operating income divided by revenue: what the core business earns before interest and taxes.

Net margin

21.9% Fiscal year 2025

Rank 71 of 100: higher than 71% of 237 peers (All). strong.

Rank 83 of 100: higher than 83% of 9 peers (Sector). strong.

Median Energy: 6.5%

Profit after all costs, interest and taxes divided by revenue.

Return on equity

20.4% Fiscal year 2025

Rank 56 of 100: higher than 56% of 218 peers (All). medium.

Rank 83 of 100: higher than 83% of 9 peers (Sector). strong.

Median Energy: 12.4%

Net income divided by equity at fiscal year end.

Return on assets

4.5% Fiscal year 2025 (total assets at year end)

Rank 41 of 100: higher than 41% of 238 peers (All). medium.

Rank 39 of 100: higher than 39% of 9 peers (Sector). medium.

Median Energy: 4.8%

Net income divided by total assets at fiscal year end.

Equity ratio

21.9% Fiscal year 2025

Rank 30 of 100: higher than 30% of 239 peers (All). weak.

Rank 28 of 100: higher than 28% of 9 peers (Sector). weak.

Median Energy: 40.9%

Equity as a share of total assets. Usually low for banks.

Free cash flow margin

8.4% Fiscal year 2025

Rank 37 of 100: higher than 37% of 213 peers (All). medium.

Rank 50 of 100: higher than 50% of 5 peers (Sector). medium.

Median Energy: 8.4%

Free cash flow divided by revenue.

Free cash flow

1.0B USD Fiscal year 2025

Operating cash flow minus capital expenditure on property and equipment.

Growth 4 of 7 met

  • not met: Over 3 years, revenue grew by more than 5% per year +2.9%
  • met: Over 5 years, revenue grew by more than 5% per year +9.1%
  • not met: Over 10 years, revenue grew by more than 5% per year +5.0%
  • met: Over 3 years, EPS grew by more than 5% per year +8.6%
  • met: Over 5 years, EPS grew by more than 5% per year +66.0%
  • not met: Revenue rose in at least 4 of the last 5 fiscal years 3 of 5
  • met: Revenue rose in the last fiscal year +13.8%
Revenue growth 3 years

+2.9% per year

Rank 25 of 100: higher than 25% of 230 peers (All). weak.

Rank 94 of 100: higher than 94% of 9 peers (Sector). strong.

Median Energy: −8.2%

Average growth per year over 3 fiscal years.

Revenue growth 5 years

+9.1% per year

Rank 43 of 100: higher than 43% of 217 peers (All). medium.

Rank 17 of 100: higher than 17% of 9 peers (Sector). weak.

Median Energy: +13.7%

Average growth per year over 5 fiscal years.

Revenue growth 10 years

+5.0% per year

Rank 35 of 100: higher than 35% of 157 peers (All). medium.

Rank 56 of 100: higher than 56% of 8 peers (Sector). medium.

Median Energy: +4.1%

Average growth per year over 10 fiscal years.

EPS growth 3 years

+8.6% per year

Rank 42 of 100: higher than 42% of 157 peers (All). medium.

Rank 94 of 100: higher than 94% of 8 peers (Sector). strong.

Median Energy: −22.4%

Growth of earnings per share per year, adjusted for stock splits.

EPS growth 5 years

+66.0% per year

Rank 94 of 100: higher than 94% of 146 peers (All). strong.

Sector: too few peers

Growth of earnings per share per year, adjusted for stock splits.

Dividend 5 of 7 met

  • met: Pays a dividend 2.00 USD
  • not met: Payout ratio at most 60% of earnings 93%
  • met: Dividend paid in each of the last 5 fiscal years 5 of 5
  • met: Dividend per share never lowered in the last 5 fiscal years Dividend per share as filed with the SEC, including special dividends; a one-off higher prior year does not count as a cut. never
  • met: Dividend per share higher than 5 years ago +4.6%
  • not met: Free cash flow per share covers the dividend 0.4x
  • met: Dividends paid over the last 5 years covered by free cash flow 90% of free cash flow
Payout ratio

93% Fiscal year 2025

Dividend per share divided by earnings per share.

Dividend growth 5 years

+4.6% per year

Rank 21 of 100: higher than 21% of 118 peers (All). weak.

Rank 31 of 100: higher than 31% of 8 peers (Sector). weak.

Median Energy: +5.7%

Growth of the dividend per share per year.

Free cash flow coverage

0.4x Fiscal year 2025

Free cash flow per share divided by dividend per share. From 1x the dividend is covered.

Financial strength 3 of 5 met · 1 without data

  • no data: Piotroski F-Score at least 7 of 9 too many criteria without data 6 of 8 · 1 without data
  • not met: Long-term debt no higher than equity 2.13
  • not met: Current assets cover current liabilities 0.53
  • met: Positive equity 12.8B USD
  • met: In 5 years, share count up by at most 5% +0.8%
  • met: Free cash flow positive in the last fiscal year 1.0B USD
Piotroski F-Score

6 of 8 Fiscal year 2025

No rank: not all 9 criteria have data.

Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.

Debt / equity

2.13 at fiscal year end

Rank 11 of 100: lower than 11% of 199 peers (All). weak.

Rank 6 of 100: lower than 6% of 9 peers (Sector). weak.

Median Energy: 0.35

Long-term financial debt divided by equity.

Liquidity (current ratio)

0.53 at fiscal year end

Rank 3 of 100: higher than 3% of 215 peers (All). weak.

Rank 6 of 100: higher than 6% of 9 peers (Sector). weak.

Median Energy: 1.26

Current assets divided by current liabilities.

Change in share count

+0.8% in 5 years

Rank 39 of 100: lower than 39% of 199 peers (All). medium.

Rank 21 of 100: lower than 21% of 7 peers (Sector). weak.

Median Energy: −5.7%

Change in diluted share count. Negative = share buybacks, positive = new shares.

The 9 criteria of the Piotroski F-Score
  • met: Profit in the last fiscal year (positive return on assets)
  • met: Positive operating cash flow
  • met: Return on assets higher than the prior year
  • met: Operating cash flow higher than net income
  • not met: Long-term debt relative to total assets fell
  • met: Liquidity (current assets / current liabilities) rose
  • not met: No additional shares (diluted share count did not rise)
  • no data: Gross margin higher than the prior year
  • met: Revenue relative to total assets higher than the prior year

Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.

Price-based criteria (P/E, dividend yield) are shown to signed-in users.

Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.

In short

  • Light yellow: Revenue grew over 5 years (+9.1% per year), more slowly than the sector median.
  • Light green: Net income (total) grew over 5 years (+65.5% per year); per share +66.0% per year.
  • Light green: Net margin 21.9%, above the sector median (11.0%).
  • Light red: Debt much higher than usual in the sector.
  • Light red: Profit in 8 of 10 fiscal years.
  • Light yellow: High payout ratio (93% of earnings).

Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.

RevenueNet income Net margin (below) in USD
  1. Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Revenue 7.5B USD · Net income −424.0M USD · Net margin −5.7%
  2. Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Revenue 8.0B USD · Net income 2.2B USD · Net margin 27.1%
  3. Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Revenue 8.7B USD · Net income −155.0M USD · Net margin −1.8%
  4. Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Revenue 8.2B USD · Net income 850.0M USD · Net margin 10.4%
  5. Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Revenue 7.7B USD · Net income 211.0M USD · Net margin 2.7%
  6. Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Revenue 10.6B USD · Net income 1.5B USD · Net margin 14.3%
  7. Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Revenue 11.0B USD · Net income 2.0B USD · Net margin 18.7%
  8. Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Revenue 10.9B USD · Net income 3.2B USD · Net margin 29.1%
  9. Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Revenue 10.5B USD · Net income 2.2B USD · Net margin 21.2%
  10. Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 12.0B USD · Net income 2.6B USD · Net margin 21.9%

Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 12.0B USD · Net income 2.6B USD · Net margin 21.9%

Figures over time

Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.

Money flow in fiscal year 2025

Of 100 USD of revenue, 35.1 USD operating income and 21.9 USD net income remained.

Money flow as a table
Fiscal year 2025, amounts in USD, share of revenue
ItemAmountof revenue
Revenue12.0B USD100.0%
Operating income4.2B USD35.1%
Cost of revenue and operating expenses7.8B USD64.9%
Net income2.6B USD21.9%
Interest expense1.4B USD12.1%
Taxes & other (net)136.0M USD1.1%

Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.

Margins

The operating margin rose in 5 years from 28.5% to 35.1%.

Operating marginNet margin
  1. Fiscal year 2016: Operating margin 9.3% · Net margin −5.7%
  2. Fiscal year 2017: Operating margin 11.3% · Net margin 27.1%
  3. Fiscal year 2018: Operating margin 8.8% · Net margin −1.8%
  4. Fiscal year 2019: Operating margin 23.4% · Net margin 10.4%
  5. Fiscal year 2020: Operating margin 28.5% · Net margin 2.7%
  6. Fiscal year 2021: Operating margin 24.8% · Net margin 14.3%
  7. Fiscal year 2022: Operating margin 27.5% · Net margin 18.7%
  8. Fiscal year 2023: Operating margin 39.5% · Net margin 29.1%
  9. Fiscal year 2024: Operating margin 31.8% · Net margin 21.2%
  10. Fiscal year 2025: Operating margin 35.1% · Net margin 21.9%

Returns

Return on equity rose in 5 years from 1.8% to 20.4%.

Return on equityReturn on assets
  1. Fiscal year 2016: Return on equity −9.1% · Return on assets −0.9%
  2. Fiscal year 2017: Return on equity 22.5% · Return on assets 4.7%
  3. Fiscal year 2018: Return on equity −1.1% · Return on assets −0.3%
  4. Fiscal year 2019: Return on equity 6.4% · Return on assets 1.8%
  5. Fiscal year 2020: Return on equity 1.8% · Return on assets 0.5%
  6. Fiscal year 2021: Return on equity 13.3% · Return on assets 3.2%
  7. Fiscal year 2022: Return on equity 17.8% · Return on assets 4.2%
  8. Fiscal year 2023: Return on equity 25.6% · Return on assets 6.0%
  9. Fiscal year 2024: Return on equity 17.9% · Return on assets 4.1%
  10. Fiscal year 2025: Return on equity 20.4% · Return on assets 4.5%

Equity and long-term debt

The equity ratio fell in 5 years from 26.6% to 21.9%.

EquityLong-term debt in USD Long-term debt, depending on the filing, includes the current portion or leases.
  1. Fiscal year 2016: Equity 4.6B USD · Long-term debt 22.6B USD
  2. Fiscal year 2017: Equity 9.7B USD · Long-term debt 20.4B USD
  3. Fiscal year 2018: Equity 14.7B USD · Long-term debt 22.4B USD
  4. Fiscal year 2019: Equity 13.4B USD · Long-term debt 20.1B USD
  5. Fiscal year 2020: Equity 11.8B USD · Long-term debt 21.5B USD
  6. Fiscal year 2021: Equity 11.4B USD · Long-term debt 21.7B USD
  7. Fiscal year 2022: Equity 11.5B USD · Long-term debt 21.9B USD
  8. Fiscal year 2023: Equity 12.4B USD · Long-term debt 23.4B USD
  9. Fiscal year 2024: Equity 12.4B USD · Long-term debt 24.7B USD
  10. Fiscal year 2025: Equity 12.8B USD · Long-term debt 27.3B USD

Liquidity (current ratio)

The current ratio fell in 5 years from 0.62 to 0.53.

Current ratio
  1. Fiscal year 2016: Current ratio 0.50
  2. Fiscal year 2017: Current ratio 0.82
  3. Fiscal year 2018: Current ratio 0.81
  4. Fiscal year 2019: Current ratio 0.40
  5. Fiscal year 2020: Current ratio 0.62
  6. Fiscal year 2021: Current ratio 0.91
  7. Fiscal year 2022: Current ratio 0.78
  8. Fiscal year 2023: Current ratio 0.77
  9. Fiscal year 2024: Current ratio 0.50
  10. Fiscal year 2025: Current ratio 0.53

Cash flow

Free cash flow fell in 5 years from 2.3B USD to 1.0B USD.

Operating cash flowCapital expenditureFree cash flow in USD
  1. Fiscal year 2016: Operating cash flow 3.7B USD · Capital expenditure 2.1B USD · Free cash flow 1.6B USD
  2. Fiscal year 2017: Operating cash flow 2.6B USD · Capital expenditure 2.4B USD · Free cash flow 157.0M USD
  3. Fiscal year 2018: Operating cash flow 3.3B USD · Capital expenditure 3.3B USD · Free cash flow 37.0M USD
  4. Fiscal year 2019: Operating cash flow 3.7B USD · Capital expenditure 2.1B USD · Free cash flow 1.6B USD
  5. Fiscal year 2020: Operating cash flow 3.5B USD · Capital expenditure 1.2B USD · Free cash flow 2.3B USD
  6. Fiscal year 2021: Operating cash flow 3.9B USD · Capital expenditure 1.2B USD · Free cash flow 2.7B USD
  7. Fiscal year 2022: Operating cash flow 4.9B USD · Capital expenditure 2.3B USD · Free cash flow 2.6B USD
  8. Fiscal year 2023: Operating cash flow 5.9B USD · Capital expenditure 2.5B USD · Free cash flow 3.4B USD
  9. Fiscal year 2024: Operating cash flow 5.0B USD · Capital expenditure 2.6B USD · Free cash flow 2.4B USD
  10. Fiscal year 2025: Operating cash flow 5.9B USD · Capital expenditure 4.9B USD · Free cash flow 1.0B USD

Share count

The share count stayed roughly the same in 5 years.

Diluted share count
  1. Fiscal year 2016: Diluted share count 750.7M
  2. Fiscal year 2017: Diluted share count 828.5M
  3. Fiscal year 2018: Diluted share count 973.6M
  4. Fiscal year 2019: Diluted share count 1.2B
  5. Fiscal year 2020: Diluted share count 1.2B
  6. Fiscal year 2021: Diluted share count 1.2B
  7. Fiscal year 2022: Diluted share count 1.2B
  8. Fiscal year 2023: Diluted share count 1.2B
  9. Fiscal year 2024: Diluted share count 1.2B
  10. Fiscal year 2025: Diluted share count 1.2B

For energy companies the gross margin is not meaningful and is therefore omitted.

From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.

Dividends and share repurchases

How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.

Dividend per share
2.00 USD · Fiscal year 2025
Dividend growth per year
3 y +5.6%5 y +4.6%10 y −2.0%
Years without a cut
8 in a row up to now
Payout ratio
of earnings 93% of free cash flow 243%
To shareholders (5 years)
11.1B USD 1% through repurchases
Share count over 5 years
+0.8% roughly unchanged

Dividend per share

The dividend per share rose in 5 years from 1.60 USD to 2.00 USD.

Dividend per share USD per share Per share as filed with the SEC, including special dividends; obvious filing errors are hidden.
  1. Fiscal year 2016: Dividend per share 1.68 USD
  2. Fiscal year 2017: Dividend per share 1.20 USD
  3. Fiscal year 2018: Dividend per share 1.36 USD
  4. Fiscal year 2019: Dividend per share 1.52 USD
  5. Fiscal year 2020: Dividend per share 1.60 USD
  6. Fiscal year 2021: Dividend per share 1.64 USD
  7. Fiscal year 2022: Dividend per share 1.70 USD
  8. Fiscal year 2023: Dividend per share 1.79 USD
  9. Fiscal year 2024: Dividend per share 1.90 USD
  10. Fiscal year 2025: Dividend per share 2.00 USD

Payout ratios

The payout ratio fell in 4 years from 132.3% to 93.5%.

Payout ratio (earnings)Payout ratio (free cash flow) Ratios above 500% hidden (earnings or free cash flow close to zero).
  1. Fiscal year 2016: Payout ratio (earnings) not available · Payout ratio (free cash flow) 78.2%
  2. Fiscal year 2017: Payout ratio (earnings) 45.8% · Payout ratio (free cash flow) not available
  3. Fiscal year 2018: Payout ratio (earnings) not available · Payout ratio (free cash flow) not available
  4. Fiscal year 2019: Payout ratio (earnings) 217.1% · Payout ratio (free cash flow) 116.3%
  5. Fiscal year 2020: Payout ratio (earnings) not available · Payout ratio (free cash flow) 86.0%
  6. Fiscal year 2021: Payout ratio (earnings) 132.3% · Payout ratio (free cash flow) 73.6%
  7. Fiscal year 2022: Payout ratio (earnings) 101.8% · Payout ratio (free cash flow) 78.6%
  8. Fiscal year 2023: Payout ratio (earnings) 68.8% · Payout ratio (free cash flow) 63.7%
  9. Fiscal year 2024: Payout ratio (earnings) 104.4% · Payout ratio (free cash flow) 96.5%
  10. Fiscal year 2025: Payout ratio (earnings) 93.5% · Payout ratio (free cash flow) 243.0%

What goes back to shareholders

Over 5 years, 11.1B USD went back to shareholders, 1% of it through share repurchases. That is 92% of the free cash flow of those years. This was offset by new shares issued for 88.0M USD (including employee plans).

Dividends paidShare repurchasesNew shares issued (including employee plans)Free cash flow in USD
  1. Fiscal year 2016: Dividends paid 1.3B USD · Share repurchases not available · New shares issued (including employee plans) 9.0M USD · Free cash flow 1.6B USD
  2. Fiscal year 2017: Dividends paid 992.0M USD · Share repurchases not available · New shares issued (including employee plans) not available · Free cash flow 157.0M USD
  3. Fiscal year 2018: Dividends paid 1.4B USD · Share repurchases not available · New shares issued (including employee plans) 15.0M USD · Free cash flow 37.0M USD
  4. Fiscal year 2019: Dividends paid 1.8B USD · Share repurchases not available · New shares issued (including employee plans) 10.0M USD · Free cash flow 1.6B USD
  5. Fiscal year 2020: Dividends paid 1.9B USD · Share repurchases not available · New shares issued (including employee plans) 9.0M USD · Free cash flow 2.3B USD
  6. Fiscal year 2021: Dividends paid 2.0B USD · Share repurchases 0.0 USD · New shares issued (including employee plans) 9.0M USD · Free cash flow 2.7B USD
  7. Fiscal year 2022: Dividends paid 2.1B USD · Share repurchases 9.0M USD · New shares issued (including employee plans) 54.0M USD · Free cash flow 2.6B USD
  8. Fiscal year 2023: Dividends paid 2.2B USD · Share repurchases 130.0M USD · New shares issued (including employee plans) 6.0M USD · Free cash flow 3.4B USD
  9. Fiscal year 2024: Dividends paid 2.3B USD · Share repurchases 0.0 USD · New shares issued (including employee plans) 10.0M USD · Free cash flow 2.4B USD
  10. Fiscal year 2025: Dividends paid 2.4B USD · Share repurchases 0.0 USD · New shares issued (including employee plans) 9.0M USD · Free cash flow 1.0B USD

Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.

Valuation over time

Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users.

Sector comparison

Williams Companies next to 8 stocks of the sector Energy we cover that are closest in revenue. Click a column header to sort the table.

Sector comparison WMB, sector Energy; last row: sector median
Symbol Revenue (FY) Growth 5 yrsGross marginOp. marginNet marginROEEquity ratioFCF marginPiotroski
XOM ExxonMobil 332.2B USD +12.9%––8.7%11.1%57.8%7.1%–
BP BP (ADR) 192.5B USD +1.0%–6.6%0.0%0.1%19.0%––
CVX Chevron Corporation 189.0B USD +14.8%––6.5%6.6%57.5%8.8%5/9
MPC Marathon Petroleum 132.7B USD +13.7%–6.2%3.0%23.4%20.6%3.6%8/9
PSX Phillips 66 132.4B USD +15.6%––3.3%15.1%39.5%–7/9
VLO Valero Energy 122.7B USD +13.6%–2.6%1.9%9.9%40.9%–6/9
COP ConocoPhillips 58.9B USD +25.1%––13.6%12.4%52.9%–5/9
EOG EOG Resources 22.6B USD +15.5%–28.2%22.0%16.7%57.6%42.3%–
WMB Williams Companies this stock 12.0B USD +9.1%–35.1%21.9%20.4%21.9%8.4%–
Median of the sector 9 symbols 132.4B USD +13.7%–6.6%6.5%12.4%40.9%8.4%6/9

Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).

Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.

Key figures with traffic lights

Each light follows a simple, disclosed rule. The comparison is with the sector median of all 22 symbols in the Energy sector on our list (current members of the S&P 500 and other lists).

Revenue growth

Light yellow: below sector

+9.1% per year, last 5 years

Sector Energy: median +14.8% (21 symbols)

What does this mean? Revenue: over 5 years it grew by 9.1% per year on average, but more slowly than the median company in the sector (+14.8%).

Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.

Net income (total)

Light green: growing

+65.5% per year, last 5 years

per share: +66.0% per year (5 years, split-adjusted)

What does this mean? Total net income: over 5 years it grew by 65.5% per year on average. Comparable values for a sector comparison are missing.

Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.

Net margin

Light green: above sector

21.9% last fiscal year

Sector Energy: median 11.0% (21 symbols)

What does this mean? Of every 100 USD in revenue, 21.91 USD remained as profit – at least as much as the median company in the sector (11.0%). Five years ago the margin was 2.7%.

Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.

Debt / equity

Light red: much higher

2.13 latest balance sheet

Sector Energy: median 0.43 (21 symbols)

What does this mean? For every 1 USD of equity there is 2.13 USD of financial debt – more than twice as much as the median company in the sector (0.43). More debt amplifies good and bad years alike.

Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.

Payout ratio

Light yellow: high

93% Dividend / earnings per share

Sector Energy: median 55% (16 symbols)

What does this mean? Of every 1 USD of earnings per share, 0.93 USD went to shareholders as a dividend. Little buffer remains for weaker years. Median company in the sector: 55%.

Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.

Profitable years

Light red: 2 loss years

8 of 10 fiscal years with a profit

What does this mean? In 8 of the last 10 fiscal years the bottom line showed a profit. 2 years ended with a loss.

Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).

Last fiscal year and 13F

Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
12.0B USD
Revenue vs. prior year
+13.8%
Net income (FY)
2.6B USD
Net income vs. prior year
+17.7%
EPS (FY)
2.14 USD
13F funds with a position
2 of 9
Funds vs. prior quarter
±0
Shares held vs. prior quarter
+0.3%
Fiscal year to Dec 31, 2025 · 10-K filed Feb 24, 2026 · Balance sheet Jun 30, 2026 (filed Aug 3, 2026) · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term). 13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
YearEndRevenueNet income MarginEarnings per shareDividend per sharePayout
2025Dec 31, 2025 12.0B2.6B 21.9% 2.14 2.00 93%
2024Dec 31, 2024 10.5B2.2B 21.2% 1.82 1.90 104%
2023Dec 31, 2023 10.9B3.2B 29.1% 2.60 1.79 69%
2022Dec 31, 2022 11.0B2.0B 18.7% 1.67 1.70 102%
2021Dec 31, 2021 10.6B1.5B 14.3% 1.24 1.64 132%
2020Dec 31, 2020 7.7B211.0M 2.7% 0.17 1.60 941%
2019Dec 31, 2019 8.2B850.0M 10.4% 0.70 1.52 217%
2018Dec 31, 2018 8.7B−155.0M −1.8% −0.16 1.36 –
2017Dec 31, 2017 8.0B2.2B 27.1% 2.62 1.20 46%
2016Dec 31, 2016 7.5B−424.0M −5.7% −0.57 1.68 –
Quarters (amounts in USD, per share in USD)
QuarterEndRevenueNet income MarginEarnings per shareDividend per sharePayout
Q2/26Jun 30, 2026 3.1B827.0M 27.1% 0.68 0.53 77%
Q1/26Mar 31, 2026 3.0B865.0M 28.5% 0.70 0.53 75%
Q4/25*Dec 31, 2025 3.2B734.0M 23.0% – 0.50 –
Q3/25Sep 30, 2025 2.9B647.0M 22.1% 0.53 0.50 94%
Q2/25Jun 30, 2025 2.8B546.0M 19.6% 0.45 0.50 111%
Q1/25Mar 31, 2025 3.0B691.0M 22.7% 0.56 0.50 89%
Q4/24*Dec 31, 2024 2.7B486.0M 17.7% – 0.48 –
Q3/24Sep 30, 2024 2.7B706.0M 26.6% 0.58 0.48 82%
Q2/24Jun 30, 2024 2.3B401.0M 17.2% 0.33 0.48 144%
Q1/24Mar 31, 2024 2.8B632.0M 22.8% 0.52 0.48 91%
Q4/23*Dec 31, 2023 2.8B1.1B 40.9% – 0.45 –
Q3/23Sep 30, 2023 2.6B654.0M 25.6% 0.54 0.45 83%

* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.

How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.

Insiders

All insider transactions
Insider purchases and sales on the market over 3, 6 and 12 months
PeriodPurchasesSalesNet
3 months $00 people $1.4M1 person −$1.4M
6 months $00 people $6.7M4 people −$6.7M
12 months $00 people $11.1M7 people −$11.1M

Latest transactions

  • Oct 1, 2026 Wilson Terrance Lane Officer Open-market sale 2,000 shares · $135.7K · SEC
  • Sep 1, 2026 Wilson Terrance Lane Officer Open-market sale 2,000 shares · $151.1K · SEC
  • Aug 14, 2026 Wilson Terrance Lane Officer Open-market sale 10,200 shares · $763.8K · SEC
  • Aug 14, 2026 Wilson Terrance Lane Officer Open-market sale 2,800 shares · $209.5K · SEC
  • Aug 3, 2026 Wilson Terrance Lane Officer Open-market sale 2,000 shares · $141.3K · SEC
  • Jul 1, 2026 Wilson Terrance Lane Officer Open-market sale 2,000 shares · $148.3K · SEC

Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.

Trend score +75

Price vs. EMA 50+15
Price vs. EMA 200+15
EMA 50 vs. EMA 200+20
ADX (trend strength)+0
Highs and lows+10
Relative strength+15

Volatility and trend strength

ADX 14 (trend strength)15.0
Rel. strength 60 d+4.1%

ATR and moving averages as price values only when logged in.

More stocks from Energy

All symbols in this sector

News

Latest news

Posts

No posts on WMB yet – log in to join the discussion.

Posts are opinions of users and only visible after logging in. Community rules

Set alert: WMB

Alerts with a free account: we send you an email as soon as the price moves above or below your level.

Checked after every data update: crypto hourly (buy zones every 4 hours), stocks twice a day, precious metals every 4 hours on trading days, extended universe weekly – not in real time.

Log in Sign up free

↑ ↓ select · Enter open · Esc close