Williams Companies (WMB) EBT Margin (2009 - 2026)
Williams Companies' EBT Margin came in at 37.21% for Q2 2026, up 9.99 percentage points from 27.22% a year earlier but down 0.94 percentage points from the prior quarter.
Williams Companies (WMB) EBT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Williams Companies reported EBT Margin of 34.73%, up 5.73 percentage points year-over-year; for FY2025, it was 30.33%, up 1.90 percentage points from FY2024.
- EBT Margin carries a five-year change of +26.75 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 28.43% in FY2024 (-11.96 pp), 40.39% in FY2023 (+17.20 pp), 23.18% in FY2022 (+3.68 pp) and 19.51% in FY2021 (+15.92 pp).
- The five-year range for quarterly EBT Margin is 9.13% (Q3 2021) to 55.57% (Q4 2023).
- Year-over-year, EBT Margin has increased for three consecutive quarters, with an average year-over-year change of -0.61 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q4 2023 (a gain of 23.04 percentage points), and the weakest in Q4 2024 (a drop of 33.40 percentage points).
- Business Quant data shows WMB's EBT Margin at 38.15% (Q1 2026), 31.80% (Q4 2025) and 31.78% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.58 Bn | 100.18 Bn | 4.84 Bn | 6.86% |
| 2 | Williams Companies | 86.03 Bn | 84.75 Bn | 2.54 Bn | 37.21% |
| 3 | Enterprise Products Partners | 80.00 Bn | 78.39 Bn | - | 10.22% |
| 4 | Kinder Morgan | 74.74 Bn | 74.44 Bn | 3.07 Bn | 26.04% |
| 5 | Energy Transfer | 69.45 Bn | 62.63 Bn | 7.40 Bn | 7.93% |
| 6 | Tc Energy | 64.24 Bn | 60.32 Bn | 2.81 Bn | 36.72% |
| 7 | Targa Resources | 62.85 Bn | 62.33 Bn | 2.14 Bn | 22.63% |
| 8 | Cheniere Energy | 59.18 Bn | 54.01 Bn | 5.29 Bn | 69.92% |
| 9 | Mplx | 59.17 Bn | 52.74 Bn | 2.91 Bn | 32.88% |
| 10 | Oneok | 58.67 Bn | 57.06 Bn | 2.81 Bn | 10.51% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.21% |
| Mar 31, 2026 | 38.15% |
| Dec 31, 2025 | 31.80% |
| Sep 30, 2025 | 31.78% |
| Jun 30, 2025 | 27.22% |
| Mar 31, 2025 | 30.25% |
| Dec 31, 2024 | 22.17% |
| Sep 30, 2024 | 36.49% |
| Jun 30, 2024 | 23.76% |
| Mar 31, 2024 | 30.86% |
| Dec 31, 2023 | 55.57% |
| Sep 30, 2023 | 33.65% |
| Jun 30, 2023 | 30.45% |
| Mar 31, 2023 | 40.28% |
| Dec 31, 2022 | 32.53% |
| Sep 30, 2022 | 23.73% |
| Jun 30, 2022 | 14.54% |
| Mar 31, 2022 | 20.21% |
| Dec 31, 2021 | 25.48% |
| Sep 30, 2021 | 9.13% |
Williams Companies EBT 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=ebt-margin&ticker=WMB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=WMB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();