Williams Companies, Inc. (The)
WMB
Positions held
Your positionsWMB isn't in your positions.
Add it to see shares, cost, and P&L here.
Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-07.
- Williams Companies operates in the oil and gas midstream sector, benefiting from stable demand for energy transportation and processing, which is essential for the industry's growth.
- In Q2 2026, Williams reported a revenue of $3.05 billion, reflecting a 1% increase compared to the previous quarter.
- The company's gross margin improved to 63.7% in Q2 2026, up from 62.3% in Q1 2026.
- Despite its strong market position, Williams faces challenges with a high debt-to-equity ratio of 200.37, which may impact financial stability.
- The company's free cash flow was negative at -$1.52 billion, indicating potential liquidity issues.
- Williams' operating margin decreased to 38.32% in Q2 2026 from 39.40% in Q4 2025, suggesting a decline in operational efficiency.
Fundamentals
| Market cap | $88.48B | Enterprise value | $121.29B | Trailing P/E | 28.82 | Forward P/E | 27.33 |
| PEG | 2.06 | Price / book | 6.73 | Beta | 0.66 | Dividend yield | 2.90% |
| Revenue growth | 7.8% | Earnings growth | 51.2% | Gross margin | 63.6% | Operating margin | 39.5% |
| Profit margin | 24.9% | ROE | 21.5% | ROA | 5.0% | Debt / equity | 2.00 |
| Current ratio | 0.48 | Free cash flow | -$1.52B | Analyst recommendation | strong_buy | Mean target | $85.46 |
| 52w high | $80.08 | 52w low | $56.19 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $3.1B | $3.0B | $3.2B | $2.9B | $2.8B | — |
| Op margin | 38.3% | 37.6% | 39.4% | 37.9% | 34.0% | — |
| Net income | $827M | $865M | $734M | $647M | $546M | — |
| Gross margin | 63.7% | 62.3% | 62.9% | 64.1% | 61.1% | — |
| Gross profit | $1.9B | $1.9B | $2.0B | $1.9B | $1.7B | — |
| Operating income | $1.2B | $1.1B | $1.3B | $1.1B | $945M | — |
- Revenue +1% vs prior quarter ($3.1B vs $3.0B).
- Gross margin 63.7% (was 62.3% prior quarter).
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $11.9B | $10.5B | $10.9B | $11.0B | — |
| Op margin | 36.9% | 31.8% | 38.4% | 27.5% | — |
| Net income | $2.6B | $2.2B | $3.2B | $2.0B | — |
| Gross margin | 62.0% | 58.7% | 62.4% | 50.2% | — |
| Gross profit | $7.4B | $6.2B | $6.8B | $5.5B | — |
| Operating income | $4.4B | $3.3B | $4.2B | $3.0B | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-06 · Williams (WMB) vs Kinder Morgan (KMI): Which is a Better Stock to Buy?
2026-10-06 · Williams Share-Price Pullback Offers Attractive Entry Point Ahead of Q3 Earnings, RBC Says
2026-10-02 · Treasury Yields Are Crushing Dividend Stocks. These 5 Could Be October Opportunities
2026-10-02 · Can Midstream Energy Firms Weather a Volatile Energy Market?
2026-10-01 · 3 Pipeline Stocks Getting Bigger Without Taking on More Risk
2026-10-01 · National Fuel Acquires CenterPoint's Ohio Gas Utility for $2.62B
2026-10-01 · Beyond Oil Price Swings: 3 Midstream Stocks Built for Resilience
2026-09-30 · Chevron And 2 Other Pipeline Stocks To Own
2026-09-30 · Two Pipeline Giants, Two Dividend Strategies: Which Cash Flow Model Wins for Income Investors
2026-09-29 · Top Stock Reports for Visa, Intuitive Surgical & Williams Companies
2026-09-28 · I Keep Adding to This Pipeline Stock. Here's Why the Yield Isn't the Only Reason.
Price (daily)
Full chart · RSI · MACD · patterns