Williams Companies, Inc. (WMB) Tax Rate (2009 - 2024)
Williams Companies (WMB) posted quarterly Tax Rate of 23.45% for Q3 2024, up 301.0% year-over-year from 5.85% in Q4 2023, and up 0.89% quarter-over-quarter from 23.24% in Q2 2024.
Williams Companies, Inc. (WMB) Tax Rate (2009 - 2024) Analysis & Trends
Williams Companies (WMB) has reported Tax Rate for 16 consecutive years, with 23.45% the latest figure, recorded in Q3 2024.
- In Q3 2024, Tax Rate rose 301.0% year-over-year to 23.45%; the TTM figure through Sep 2024 stood at 23.41% (up 3.0% YoY), while the FY2023 annual figure was 22.81%, up 610.0% from the prior year.
- Tax Rate improved to 23.45% in Q3 2024 per WMB's latest filing, from 23.24% in the prior quarter.
- Across five years, Tax Rate topped out at 29.73% in Q4 2020 and bottomed at 12.43% in Q2 2022.
- Historically, Tax Rate has averaged 22.01% across 5 years, with a median of 23.45% in 2021.
- Annual changes were most pronounced in 2020 — Tax Rate plunged 19777 bps — and 2023, when it surged 3558 bps.
- Williams Companies' Tax Rate stood at 29.73% in 2020, then declined by 20 bps to 23.86% in 2021, then increased by 13 bps to 26.86% in 2022, then declined by 11 bps to 23.92% in 2023, then dropped by 2 bps to 23.45% in 2024.
- Business Quant data shows WMB's Tax Rate at 23.45% in Q3 2024, 23.24% in Q2 2024, and 22.57% in Q1 2024.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 23.45% |
| Sep 30, 2024 | 23.45% |
| Sep 30, 2024 | 23.45% |
| Jun 30, 2024 | 23.24% |
| Jun 30, 2024 | 23.24% |
| Jun 30, 2024 | 23.24% |
| Mar 31, 2024 | 22.57% |
| Mar 31, 2024 | 22.57% |
| Mar 31, 2024 | 22.57% |
| Dec 31, 2023 | 23.92% |
| Dec 31, 2023 | 23.92% |
| Dec 31, 2023 | 23.92% |
| Sep 30, 2023 | 20.44% |
| Sep 30, 2023 | 20.44% |
| Sep 30, 2023 | 20.44% |
| Jun 30, 2023 | 23.15% |
| Jun 30, 2023 | 23.15% |
| Jun 30, 2023 | 23.15% |
| Mar 31, 2023 | 22.88% |
| Mar 31, 2023 | 22.88% |