Williams Companies (WMB) Tax Rate (2009 - 2026)
Williams Companies (WMB) reported Tax Rate of 21.11% for Q1 2026, up 0.17 percentage points from 20.93% a year earlier but down 2.88 percentage points from the prior quarter.
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Analysis
Williams Companies (WMB) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Williams Companies' Tax Rate came in at 23.53%, up 2.57 percentage points year-over-year; for FY2025, it came in at 23.64%, up 2.21 percentage points from FY2024.
- Tax Rate has a five-year change of -4.88 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 21.43% in FY2024 (-1.38 pp), 22.81% in FY2023 (+6.10 pp), 16.72% in FY2022 (-7.93 pp) and 24.65% in FY2021 (-3.87 pp).
- Five-year quarterly Tax Rate spans a low of 13.39% in Q3 2022 and a high of 26.98% in Q2 2021.
- Year over year, Tax Rate has now increased in each of the last three quarters, with an average year-over-year change of +0.56 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q4 2025 (a gain of 9.03 percentage points); the low point was Q3 2022 (a drop of 10.06 percentage points).
- Per Business Quant data, the three quarters before Q1 2026 came in at 23.99% (Q4 2025), 26.48% (Q3 2025) and 22.99% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 21.97% |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 0.64% |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 7.12% |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 23.33% |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 22.61% |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 0.18% |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 9.13% |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn | 23.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 21.11% |
| Dec 31, 2025 | 23.99% |
| Sep 30, 2025 | 26.48% |
| Jun 30, 2025 | 22.99% |
| Mar 31, 2025 | 20.93% |
| Dec 31, 2024 | 14.97% |
| Sep 30, 2024 | 23.45% |
| Jun 30, 2024 | 23.24% |
| Mar 31, 2024 | 22.57% |
| Dec 31, 2023 | 23.92% |
| Sep 30, 2023 | 20.44% |
| Jun 30, 2023 | 23.15% |
| Mar 31, 2023 | 22.88% |
| Dec 31, 2022 | 26.86% |
| Sep 30, 2022 | 13.39% |
| Mar 31, 2022 | 23.14% |
| Dec 31, 2021 | 23.86% |
| Sep 30, 2021 | 23.45% |
| Jun 30, 2021 | 26.98% |
| Mar 31, 2021 | 24.48% |
API Access
Williams Companies Tax Rate 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=tax-rate&ticker=WMB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WMB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();