Williams Companies (WMB) Operating Income (2009 - 2026)
Williams Companies (WMB) recorded Operating Income of $1.18 billion in Q2 2026, up 25.1% from $945 million a year earlier but down 10.5% from the prior quarter.
Powered by 
Analysis
Williams Companies (WMB) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Williams Companies' Operating Income came in at $4.66 billion as of Jun 30, 2026, up 27.0% year-over-year; for FY2025, it came in at $4.2 billion, up 25.7% from FY2024.
- Annual Operating Income has a five-year compound annual growth rate of 13.8% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $3.34 billion in FY2024 (-22.5%), $4.31 billion in FY2023 (+42.8%), $3.02 billion in FY2022 (+14.7%) and $2.63 billion in FY2021 (+19.5%).
- Quarterly Operating Income has ranged from $355 million in Q3 2021 to $1.36 billion in Q1 2023 over the past five years.
- On a year-over-year basis, Operating Income has increased for six consecutive quarters, with growth averaging 13.9% over the last eight quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 131.0% in Q3 2022, against a decline of 44.6% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.32 billion (Q1 2026), $1.05 billion (Q4 2025) and $1.11 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 2.10 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 1.18 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 2.25 Bn |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 3.57 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 1.35 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | 3.87 Bn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 1.23 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 1.38 Bn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 4.29 Bn |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn | 1.59 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.18 Bn |
| Mar 31, 2026 | 1.32 Bn |
| Dec 31, 2025 | 1.05 Bn |
| Sep 30, 2025 | 1.11 Bn |
| Jun 30, 2025 | 945.00 Mn |
| Mar 31, 2025 | 1.09 Bn |
| Dec 31, 2024 | 793.00 Mn |
| Sep 30, 2024 | 838.00 Mn |
| Jun 30, 2024 | 696.00 Mn |
| Mar 31, 2024 | 1.01 Bn |
| Dec 31, 2023 | 1.09 Bn |
| Sep 30, 2023 | 994.00 Mn |
| Jun 30, 2023 | 870.00 Mn |
| Mar 31, 2023 | 1.36 Bn |
| Dec 31, 2022 | 1.07 Bn |
| Sep 30, 2022 | 820.00 Mn |
| Jun 30, 2022 | 472.00 Mn |
| Mar 31, 2022 | 654.00 Mn |
| Dec 31, 2021 | 937.00 Mn |
| Sep 30, 2021 | 355.00 Mn |
API Access
Williams Companies Operating Income 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=operating-income&ticker=WMB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=WMB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();