Williams Companies (WMB) Operating Income (2009 - 2026)
Williams Companies (WMB) recorded Operating Income of $838 million in Q3 2024, down 15.7% from $994 million a year earlier but up 20.4% from the prior quarter.
Williams Companies (WMB) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Williams Companies' Operating Income came in at $3.63 billion as of Sep 30, 2024, down 15.4% year-over-year; for FY2023, it came in at $4.31 billion, up 42.8% from FY2022.
- Annual Operating Income has increased for five straight years, with a five-year compound annual growth rate of 41.2% (FY2018 to FY2023).
- Across earlier years, Operating Income came in at $3.02 billion in FY2022 (+14.7%), $2.63 billion in FY2021 (+19.5%), $2.2 billion in FY2020 (+14.6%) and $1.92 billion in FY2019 (+150.1%).
- Quarterly Operating Income has ranged from $234 million in Q4 2019 to $1.36 billion in Q1 2023 over the past five years.
- On a year-over-year basis, Operating Income has declined for three consecutive quarters, with growth averaging 21.0% 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 $696 million (Q2 2024), $1.01 billion (Q1 2024) and $1.09 billion (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.05 Bn | 98.59 Bn | 4.84 Bn | 2.10 Bn |
| 2 | Williams Companies | 84.68 Bn | 83.39 Bn | 2.54 Bn | 1.18 Bn |
| 3 | Enterprise Products Partners | 77.03 Bn | 75.46 Bn | - | 2.25 Bn |
| 4 | Energy Transfer | 69.18 Bn | 62.61 Bn | 7.40 Bn | 3.57 Bn |
| 5 | Kinder Morgan | 67.95 Bn | 68.90 Bn | 3.07 Bn | 1.35 Bn |
| 6 | Tc Energy | 61.01 Bn | 64.08 Bn | 2.81 Bn | 3.87 Bn |
| 7 | Targa Resources | 59.91 Bn | 59.53 Bn | 2.14 Bn | 1.23 Bn |
| 8 | Mplx | 57.11 Bn | 50.67 Bn | 2.91 Bn | 1.38 Bn |
| 9 | Cheniere Energy | 56.26 Bn | 56.39 Bn | 5.29 Bn | 4.29 Bn |
| 10 | Oneok | 54.95 Bn | 53.44 Bn | 2.81 Bn | 1.59 Bn |
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 |
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_KEY
import 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();