Williams Companies (WMB) Common Equity (2009 - 2026)
Williams Companies (WMB) recorded Common Equity of $13.19 billion in Q2 2026, down 10.9% from $14.81 billion a year earlier and down 13.0% from the prior quarter.
Williams Companies (WMB) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Williams Companies reported Common Equity of $12.81 billion, down 13.7% from FY2024.
- Annual Common Equity has a five-year compound annual growth rate of -2.6% (FY2020 to FY2025).
- Across earlier years, Common Equity came in at $14.84 billion in FY2024 (-0.3%), $14.89 billion in FY2023 (+6.0%), $14.05 billion in FY2022 (-0.4%) and $14.1 billion in FY2021 (-3.3%).
- Quarterly Common Equity has ranged from $12.52 billion in Q3 2025 to $15.16 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Common Equity rose in three of the last eight quarters, with an average decline of 4.4%.
- Peak year-over-year performance for Common Equity in the last five years was growth of 6.0% in Q4 2023, against a decline of 15.8% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $15.16 billion (Q1 2026), $12.81 billion (Q4 2025) and $12.52 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.58 Bn | 100.18 Bn | 4.84 Bn | 47.93 Bn |
| 2 | Williams Companies | 86.03 Bn | 84.75 Bn | 2.54 Bn | 13.19 Bn |
| 3 | Enterprise Products Partners | 80.00 Bn | 78.39 Bn | - | 31.06 Bn |
| 4 | Kinder Morgan | 74.74 Bn | 74.44 Bn | 3.07 Bn | 32.88 Bn |
| 5 | Energy Transfer | 69.45 Bn | 62.63 Bn | 7.40 Bn | 50.52 Bn |
| 6 | Tc Energy | 64.24 Bn | 60.32 Bn | 2.81 Bn | 19.54 Bn |
| 7 | Targa Resources | 62.85 Bn | 62.33 Bn | 2.14 Bn | 3.80 Bn |
| 8 | Cheniere Energy | 59.18 Bn | 54.01 Bn | 5.29 Bn | 11.49 Bn |
| 9 | Mplx | 59.17 Bn | 52.74 Bn | 2.91 Bn | 14.25 Bn |
| 10 | Oneok | 58.67 Bn | 57.06 Bn | 2.81 Bn | 23.04 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.19 Bn |
| Mar 31, 2026 | 15.16 Bn |
| Dec 31, 2025 | 12.81 Bn |
| Sep 30, 2025 | 12.52 Bn |
| Jun 30, 2025 | 14.81 Bn |
| Mar 31, 2025 | 14.87 Bn |
| Dec 31, 2024 | 14.84 Bn |
| Sep 30, 2024 | 14.87 Bn |
| Jun 30, 2024 | 14.75 Bn |
| Mar 31, 2024 | 14.93 Bn |
| Dec 31, 2023 | 14.89 Bn |
| Sep 30, 2023 | 14.34 Bn |
| Jun 30, 2023 | 14.21 Bn |
| Mar 31, 2023 | 14.32 Bn |
| Dec 31, 2022 | 14.05 Bn |
| Sep 30, 2022 | 13.91 Bn |
| Jun 30, 2022 | 13.84 Bn |
| Mar 31, 2022 | 13.97 Bn |
| Dec 31, 2021 | 14.10 Bn |
| Sep 30, 2021 | 13.92 Bn |
Williams Companies Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=WMB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "WMB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=WMB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();