Williams Companies (WMB) EBIT Margin (2009 - 2026)
Williams Companies' EBIT Margin was 35.25% in Q3 2026, down 2.69 percentage points from 37.94% a year earlier and down 3.47 percentage points from the prior quarter.
Williams Companies (WMB) EBIT Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Williams Companies' EBIT Margin was 37.48% through Sep 30, 2026, up 3.20 percentage points year-over-year; for FY2025, it was 35.11%, up 3.32 percentage points from FY2024.
- EBIT Margin shows a five-year change of +6.59 percentage points (FY2020 to FY2025).
- In earlier years, EBIT Margin was 31.79% in FY2024 (-7.73 pp), 39.53% in FY2023 (+12.00 pp), 27.52% in FY2022 (+2.77 pp) and 24.76% in FY2021 (-3.77 pp).
- Quarterly EBIT Margin has moved between 18.96% (Q2 2022) and 44.14% (Q1 2023) over five years.
- Compared with a year earlier, EBIT Margin was higher in five of the last eight quarters, with an average year-over-year change of +1.67 percentage points.
- The best year-over-year quarter for EBIT Margin over five years was Q1 2023 (a gain of 18.23 percentage points); the worst was Q4 2024 (a drop of 10.13 percentage points).
- Per Business Quant data, WMB's EBIT Margin in the three quarters before Q3 2026 was 38.72% (Q2 2026), 43.60% (Q1 2026) and 32.77% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.53 Bn | 99.13 Bn | 4.84 Bn | 9.93% |
| 2 | Williams Companies | 82.50 Bn | 79.53 Bn | 2.59 Bn | 35.25% |
| 3 | Enterprise Products Partners | 79.39 Bn | 77.75 Bn | - | 11.09% |
| 4 | Kinder Morgan | 68.14 Bn | 66.99 Bn | 2.97 Bn | 25.60% |
| 5 | Energy Transfer | 65.55 Bn | 61.38 Bn | 6.57 Bn | 7.50% |
| 6 | Tc Energy | 65.45 Bn | 62.21 Bn | - | - |
| 7 | Cheniere Energy | 59.68 Bn | 53.83 Bn | 2.97 Bn | 31.02% |
| 8 | Targa Resources | 58.63 Bn | 58.09 Bn | 2.02 Bn | 19.58% |
| 9 | Mplx | 57.55 Bn | 51.58 Bn | 3.19 Bn | 40.94% |
| 10 | Oneok | 54.31 Bn | 53.71 Bn | 2.84 Bn | 12.59% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 35.25% |
| Jun 30, 2026 | 38.72% |
| Mar 31, 2026 | 43.60% |
| Dec 31, 2025 | 32.77% |
| Sep 30, 2025 | 37.94% |
| Jun 30, 2025 | 33.98% |
| Mar 31, 2025 | 35.89% |
| Dec 31, 2024 | 28.91% |
| Sep 30, 2024 | 31.59% |
| Jun 30, 2024 | 29.79% |
| Mar 31, 2024 | 36.52% |
| Dec 31, 2023 | 39.04% |
| Sep 30, 2023 | 38.84% |
| Jun 30, 2023 | 35.04% |
| Mar 31, 2023 | 44.14% |
| Dec 31, 2022 | 36.59% |
| Sep 30, 2022 | 27.14% |
| Jun 30, 2022 | 18.96% |
| Mar 31, 2022 | 25.91% |
| Dec 31, 2021 | 28.77% |
Williams Companies EBIT Margin 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=ebit-margin&ticker=WMB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=WMB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();