Williams Companies (WMB) Dividend Coverage Ratio (2009 - 2024)
Williams Companies' Dividend Coverage Ratio was 1.22 in Q3 2024, up 1.4% from 1.20 a year earlier and up 75.8% from the prior quarter.
Williams Companies (WMB) Dividend Coverage Ratio (2009 - 2024) Analysis & Trends
On a trailing twelve-month basis, Williams Companies' Dividend Coverage Ratio was 1.26 through Sep 30, 2024, up 0.2% year-over-year; for FY2023, it came in at 1.46, up 47.5% from FY2022.
- Dividend Coverage Ratio has now increased for three consecutive years.
- In earlier years, Dividend Coverage Ratio was 0.99 in FY2022 (+30.0%), 0.76 in FY2021 (+609.2%), 0.11 in FY2020 (-76.7%) and 0.46 in FY2019.
- Quarterly Dividend Coverage Ratio has moved between -1.07 (Q1 2020) and 2.09 (Q4 2023) over five years.
- Compared with a year earlier, Dividend Coverage Ratio was higher in six of the last eight quarters, with growth averaging 19.7%.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q4 2021 (growth of 425.9%); the worst was Q3 2021 (a decline of 48.1%).
- Per Business Quant data, WMB's Dividend Coverage Ratio in the three quarters before Q3 2024 was 0.69 (Q2 2024), 1.09 (Q1 2024) and 2.09 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 0.66 |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 1.55 |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 1.63 |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 1.30 |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | - |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 1.00 |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | - |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 1.22 |
| Jun 30, 2024 | 0.69 |
| Mar 31, 2024 | 1.09 |
| Dec 31, 2023 | 2.09 |
| Sep 30, 2023 | 1.20 |
| Jun 30, 2023 | 0.84 |
| Mar 31, 2023 | 1.70 |
| Dec 31, 2022 | 1.29 |
| Sep 30, 2022 | 1.16 |
| Jun 30, 2022 | 0.77 |
| Mar 31, 2022 | 0.73 |
| Dec 31, 2021 | 1.25 |
| Sep 30, 2021 | 0.33 |
| Jun 30, 2021 | 0.61 |
| Mar 31, 2021 | 0.85 |
| Dec 31, 2020 | 0.24 |
| Sep 30, 2020 | 0.64 |
| Jun 30, 2020 | 0.62 |
| Mar 31, 2020 | -1.07 |
| Dec 31, 2019 | 0.27 |
Williams Companies Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=WMB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "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=dividend-coverage-ratio&ticker=WMB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();