Williams Companies (WMB) EBT Margin (2009 - 2026)
Williams Companies' EBT Margin came in at 30.65% for Q3 2026, down 1.13 percentage points from 31.78% a year earlier and down 6.55 percentage points from the prior quarter.
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Analysis
Williams Companies (WMB) EBT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Williams Companies reported EBT Margin of 34.37%, up 6.39 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 Q3 2026 figure represents the lowest quarterly EBT Margin since Q2 2025.
- Year-over-year, EBT Margin increased in four of the last eight quarters, with an average year-over-year change of -1.11 percentage points.
- 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 37.21% (Q2 2026), 38.15% (Q1 2026) and 31.80% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.53 Bn | 99.13 Bn | 4.84 Bn | 6.86% |
| 2 | Williams Companies | 82.50 Bn | 79.53 Bn | 2.59 Bn | 30.65% |
| 3 | Enterprise Products Partners | 79.39 Bn | 77.75 Bn | - | 9.22% |
| 4 | Kinder Morgan | 68.14 Bn | 66.99 Bn | 2.97 Bn | 21.63% |
| 5 | Energy Transfer | 65.55 Bn | 61.38 Bn | 6.57 Bn | 5.39% |
| 6 | Tc Energy | 65.45 Bn | 62.21 Bn | - | - |
| 7 | Cheniere Energy | 59.68 Bn | 53.83 Bn | 2.97 Bn | 26.79% |
| 8 | Targa Resources | 58.63 Bn | 58.09 Bn | 2.02 Bn | 15.20% |
| 9 | Mplx | 57.55 Bn | 51.58 Bn | 3.19 Bn | 32.62% |
| 10 | Oneok | 54.31 Bn | 53.71 Bn | 2.84 Bn | 10.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 30.65% |
| 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% |
API Access
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_KEYimport 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();