Williams Companies (WMB) Return on Equity [ROE] (2009 - 2026)
Williams Companies (WMB) posted Return on Equity [ROE] of 24.49% for Q3 2026, up 6.11 percentage points from 18.39% a year earlier and up 1.54 percentage points from the prior quarter.
Williams Companies (WMB) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Williams Companies' Return on Equity [ROE] came in at 20.02%, up 4.24 percentage points from FY2024.
- Annual Return on Equity [ROE] shows a five-year change of +18.74 percentage points (FY2020 to FY2025).
- In prior years, Williams Companies' Return on Equity [ROE] was 15.78% in FY2024 (-7.05 pp), 22.83% in FY2023 (+7.79 pp), 15.04% in FY2022 (+4.15 pp) and 10.89% in FY2021 (+9.61 pp).
- The Q3 2026 figure stands as the highest quarterly Return on Equity [ROE] in data going back to Q1 2009.
- On a year-over-year basis, Return on Equity [ROE] has increased in each of the last four quarters, with an average year-over-year change of +0.95 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q4 2021, with a gain of 9.81 percentage points; the weakest was Q4 2024, with a drop of 6.80 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 22.95% (Q2 2026), 21.10% (Q1 2026) and 21.86% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | 10.24% |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | 21.40% |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 21.37% |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | 11.28% |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 15.09% |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | 17.29% |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | 64.32% |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | 39.63% |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 30.73% |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn | 14.79% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.40% |
| Jun 30, 2026 | 21.25% |
| Mar 31, 2026 | 21.10% |
| Dec 31, 2025 | 21.86% |
| Sep 30, 2025 | 18.39% |
| Jun 30, 2025 | 17.32% |
| Mar 31, 2025 | 16.25% |
| Dec 31, 2024 | 15.80% |
| Sep 30, 2024 | 20.24% |
| Jun 30, 2024 | 19.81% |
| Mar 31, 2024 | 20.17% |
| Dec 31, 2023 | 22.60% |
| Sep 30, 2023 | 19.84% |
| Jun 30, 2023 | 19.41% |
| Mar 31, 2023 | 18.91% |
| Dec 31, 2022 | 15.15% |
| Sep 30, 2022 | 14.79% |
| Jun 30, 2022 | 11.54% |
| Mar 31, 2022 | 10.82% |
| Dec 31, 2021 | 11.15% |
Williams Companies Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=WMB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=WMB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();