Williams Companies (WMB) Tax Rate (2009 - 2026)
Williams Companies (WMB) reported Tax Rate of 23.45% for Q3 2024, up 3.01 percentage points from 20.44% a year earlier and up 0.21 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 Sep 30, 2024, Williams Companies' Tax Rate came in at 23.41%, up 0.03 percentage points year-over-year; for FY2023, it came in at 22.81%, up 6.10 percentage points from FY2022.
- Tax Rate has a five-year change of -18.88 percentage points (FY2018 to FY2023).
- By year, Tax Rate came in at 16.72% in FY2022 (-7.93 pp), 24.65% in FY2021 (-3.87 pp), 28.52% in FY2020 (-2.97 pp) and 31.48% in FY2019 (-10.21 pp).
- Five-year quarterly Tax Rate spans a low of -12.43% in Q2 2022 and a high of 227.50% in Q4 2019.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +5.65 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2019 (a gain of 204.95 percentage points); the low point was Q4 2020 (a drop of 197.77 percentage points).
- Per Business Quant data, the three quarters before Q3 2024 came in at 23.24% (Q2 2024), 22.57% (Q1 2024) and 23.92% (Q4 2023).
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();