Williams Companies (WMB) EBITDA Margin (2009 - 2026)
Williams Companies (WMB) recorded EBITDA Margin of 54.48% in Q3 2026, down 2.75 percentage points from 57.24% a year earlier and down 3.62 percentage points from the prior quarter.
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Analysis
Williams Companies (WMB) EBITDA Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Williams Companies' EBITDA Margin came in at 56.59% as of Sep 30, 2026, up 2.13 percentage points year-over-year; for FY2025, it was 54.75%, up 1.83 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of +3.93 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 52.92% in FY2024 (-5.59 pp), 58.51% in FY2023 (+12.67 pp), 45.85% in FY2022 (+3.75 pp) and 42.09% in FY2021 (-8.73 pp).
- Quarterly EBITDA Margin has ranged from 39.28% in Q2 2022 to 62.87% in Q1 2026 over the past five years.
- On a year-over-year basis, EBITDA Margin rose in five of the last eight quarters, with an average year-over-year change of +0.82 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 16.50 percentage points in Q2 2023, against a drop of 8.54 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 58.11% (Q2 2026), 62.87% (Q1 2026) and 51.31% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn | 14.80% |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn | 54.48% |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - | 14.64% |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn | 39.46% |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn | 11.80% |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - | - |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn | 27.89% |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn | 37.39% |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn | 51.65% |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn | 15.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 54.48% |
| Jun 30, 2026 | 58.11% |
| Mar 31, 2026 | 62.87% |
| Dec 31, 2025 | 51.31% |
| Sep 30, 2025 | 57.24% |
| Jun 30, 2025 | 55.74% |
| Mar 31, 2025 | 55.09% |
| Dec 31, 2024 | 49.51% |
| Sep 30, 2024 | 52.92% |
| Jun 30, 2024 | 52.91% |
| Mar 31, 2024 | 56.30% |
| Dec 31, 2023 | 58.05% |
| Sep 30, 2023 | 59.20% |
| Jun 30, 2023 | 55.78% |
| Mar 31, 2023 | 60.56% |
| Dec 31, 2022 | 53.82% |
| Sep 30, 2022 | 43.69% |
| Jun 30, 2022 | 39.28% |
| Mar 31, 2022 | 45.64% |
| Dec 31, 2021 | 42.71% |
API Access
Williams Companies EBITDA 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=ebitda-margin&ticker=WMB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=WMB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();