Williams Companies, Inc. (WMB) Interest Coverage Ratio (2009 - 2024)
Williams Companies (WMB) posted quarterly Interest Coverage Ratio of 2.48 for Q3 2024, down 21.68% year-over-year from 3.17 in Q4 2023, and up 20.76% quarter-over-quarter from 2.05 in Q2 2024.
Williams Companies, Inc. (WMB) Interest Coverage Ratio (2009 - 2024) Analysis & Trends
Williams Companies (WMB) has reported Interest Coverage Ratio for 16 consecutive years, with 2.48 the latest figure, recorded in Q3 2024.
- In Q3 2024, Interest Coverage Ratio fell 21.68% year-over-year to 2.48; the TTM figure through Sep 2024 stood at 2.7 (down 24.53% YoY), while the FY2023 annual figure was 3.49, up 32.56% from the prior year.
- Interest Coverage Ratio advanced to 2.48 in Q3 2024 per WMB's latest filing, from 2.05 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 4.63 in Q1 2023 and bottomed at 1.22 in Q3 2021.
- Historically, Interest Coverage Ratio has averaged 2.55 across 5 years, with a median of 2.48 in 2024.
- Annual changes were most pronounced in 2021 — Interest Coverage Ratio plunged 44.62% — and 2022, when it jumped 131.78%.
- Williams Companies' Interest Coverage Ratio stood at 1.79 in 2020, then surged by 77.82% to 3.18 in 2021, then increased by 16.78% to 3.71 in 2022, then declined by 8.99% to 3.38 in 2023, then slipped by 26.56% to 2.48 in 2024.
- Business Quant data shows WMB's Interest Coverage Ratio at 2.48 in Q3 2024, 2.05 in Q2 2024, and 2.9 in Q1 2024.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 2.48 |
| Jun 30, 2024 | 2.05 |
| Mar 31, 2024 | 2.90 |
| Dec 31, 2023 | 3.38 |
| Sep 30, 2023 | 3.17 |
| Jun 30, 2023 | 2.84 |
| Mar 31, 2023 | 4.63 |
| Dec 31, 2022 | 3.71 |
| Sep 30, 2022 | 2.82 |
| Jun 30, 2022 | 1.68 |
| Mar 31, 2022 | 2.29 |
| Dec 31, 2021 | 3.18 |
| Sep 30, 2021 | 1.22 |
| Jun 30, 2021 | 2.01 |
| Mar 31, 2021 | 2.51 |
| Dec 31, 2020 | 1.79 |
| Sep 30, 2020 | 2.20 |
| Jun 30, 2020 | 2.08 |
| Mar 31, 2020 | 1.46 |
| Dec 31, 2019 | 0.79 |