SuperworthWilliams Companies profit margin WMB
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 25.2%
- Operating margin, 12 months
- 38.2%
- Net margin on a year earlier
- +3.5 pts
- Peer median
- 13.6%
Over the twelve months to Jun 30, 2026, Williams Companies kept 25.2% of its revenue as net profit, with an operating margin of 38.2%.
Five years earlier its net margin was 12.9%.
The median for 10 oil and gas pipeline stocks of a similar size is 13.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 21.9% | 35.1% | 81.6% |
| FY2024 | 21.2% | 31.8% | 79.8% |
| FY2023 | 29.1% | 39.5% | 81.3% |
| FY2022 | 18.7% | 27.5% | 68.5% |
| FY2021 | 14.3% | 24.8% | 62.1% |
| FY2020 | 2.7% | 28.5% | 79.1% |
| FY2019 | 10.4% | 23.4% | 74.8% |
| FY2018 | −1.8% | 8.8% | 68.0% |
| FY2017 | 27.1% | 11.5% | 71.4% |
| FY2016 | −5.7% | 9.3% | n/a |
| FY2015 | −7.8% | 3.1% | n/a |
| FY2014 | 27.7% | 20.5% | n/a |
| FY2013 | 6.3% | 20.0% | n/a |
| FY2012 | 11.5% | 21.5% | 53.3% |
| FY2011 | 4.7% | 23.5% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 25.2% | +3.5 pts | 38.2% | |
| Q1 FY26 | 23.4% | +2.2 pts | 37.1% | |
| Q4 FY25 | 21.9% | +0.7 pts | 35.1% | |
| Q3 FY25 | 20.6% | −6.7 pts | 34.3% | |
| Q2 FY25 | 21.6% | −5.4 pts | 32.7% | |
| Q1 FY25 | 21.2% | −6.0 pts | 31.7% | |
| Q4 FY24 | 21.2% | −8.0 pts | 31.8% | |
| Q3 FY24 | 27.3% | +2.8 pts | 34.5% | |
| Q2 FY24 | 27.0% | +4.0 pts | 36.3% | |
| Q1 FY24 | 27.2% | +4.7 pts | 37.4% | |
| Q4 FY23 | 29.1% | +10.5 pts | 39.5% | |
| Q3 FY23 | 24.5% | +6.8 pts | 38.9% |
Against its peers
Companies in Oil & Gas Midstream nearest Williams Companies' size, closest first, today.
| Company | Profit margin |
|---|---|
| WMBWilliams Companies | 25.2% |
| EPDEnterprise Products Partners | 10.8% |
| KMIKinder Morgan | 19.3% |
| ETEnergy Transfer | 4.9% |
| TRGPTarga Resources | 13.5% |
| LNGCheniere Energy | 13.6% |
| OKEONEOK | 9.3% |
| MPLXMPLX Lp | n/m |
| VGVenture Global | 22.3% |
| CQPCheniere Energy Partners | 27.3% |
| WESWestern Midstream Partners | 29.6% |
| Peer median | 13.6% |
Where Williams Companies ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Williams Companies
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.