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StockVS

NYSE · Oil & Gas Midstream · USD

The Williams Companies, Inc. (WMB) Stock Analysis

The Williams Companies, Inc. (WMB) is a Oil & Gas Midstream stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

WMB

$72.80

+$2.47 (+3.51%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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WMB Key Statistics

As of Oct 21, 2026
Trading
Open
$71.08
Previous Close
$70.33
Day's Range
70.87–73.26
52-Week Range
56.19–80.08
Volume
8.09M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.66
Valuation
Market Cap
$89.05B
P/E Ratio
29.00
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
27.48
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
2.03
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
7.23
EPS (ttm)Profit attributable to each share over the last twelve months.
2.51
Financials (FY)
Revenue (FY)
$11.95B+13.78%
Net Income (FY)
$2.62B+17.66%
Profit marginThe share of revenue left as profit after all costs and taxes.
24.94%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
1.22B
1-Year Return
+20.34%
Dividend and dates
Dividend
$2.10+2.99%
Ex-Dividend Date
September 11, 2026
Earnings Date
November 2, 2026
Avg Volume
7.33M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, WMB closed at $72.80, +20.34% over 1 year.

The Williams Companies, Inc. (WMB) has a market capitalization of $89.05B.

In fiscal 2025, WMB reported revenue of $11.95B.

WMB Stock Return by Calendar Year

The Williams Companies, Inc. (WMB) 10-year return: what $10,000 became

1 year
$10,000 $12,034
+20.34%
5 years
$10,000 $31,799
+217.99%
10 years
$10,000 $40,064
+300.64%

If you had invested $10,000 in The Williams Companies, Inc. (WMB) 10 years ago, at the close on October 21, 2016, it would have been worth $40,064 at the close on October 21, 2026: +300.64% in total, +14.89% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+23.78%
2025+14.91%
2024+62.35%
2023+11.86%
2022+32.83%
2021+38.36%
2020−8.20%
2019+14.18%
2018−23.88%
2017+2.02%
2016 (partial year)+20.82%

As of October 21, 2026.

WMB Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$11.95B$2.62B21.9%
2024$10.50B$2.23B21.2%
2023$10.91B$3.18B29.1%
2022$10.97B$2.05B18.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$11.95B$7.40B$4.41B$2.62B21.9%
2024$10.50B$6.17B$3.34B$2.23B21.2%
2023$10.91B$6.80B$4.19B$3.18B29.1%
2022$10.97B$5.50B$3.02B$2.05B18.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

WMB Dividend History

$2.00+5.3% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$1.583—
2025$2.004+5.3%
2024$1.904+6.0%
2023$1.794+5.4%
YearDividends per sharePaymentsChange
2026 (partial year)$1.583—
2025$2.004+5.3%
2024$1.904+6.0%
2023$1.794+5.4%
2022$1.704+3.7%
2021$1.644+2.5%
2020$1.604+5.3%
2019$1.524+11.8%
2018$1.364+13.3%
2017$1.204+500.0%
2016$0.201—

Most recent payment: $0.53 per share, ex-dividend September 11, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

WMB Valuation vs Oil & Gas Midstream Median

Median of 63 stocks
MetricWMBOil & Gas Midstream medianvs median
P/E29.0014.11106% above
P/S ratio7.232.67170% above
Profit margin24.94%22.05%2.9 pts above

Medians across 63 Oil & Gas Midstream stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The Williams Companies, Inc. (WMB) is capitalised at $89.05B on the latest close. The company sits in the Energy sector, in the Oil & Gas Midstream industry. The company reports 5,987 employees.

WMB last closed at $72.80 on October 21, 2026. That is +$2.47 (+3.51%) against the previous close. The 52-week range on file runs from $56.19 to $80.08. The latest close sits 29.56% above that 52-week low.

Financial Health

In fiscal 2025, The Williams Companies, Inc. reported revenue of $11.95B. That is +13.78% against the prior fiscal year, when revenue was $10.50B. Net income for the same year was $2.62B. That is +17.66% against the prior fiscal year. Profit margin runs at 24.94%. That is 2.9 percentage points above the Oil & Gas Midstream median of 22.05%. Trailing earnings per share are 2.51.

Across the 4 fiscal years on file, revenue moves from $10.97B in 2022 to $11.95B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 29 times earnings. That is 105.53% above the Oil & Gas Midstream median of 14.11. On forward earnings the ratio is 27.48. The PEG ratio, which sets the P/E against expected earnings growth, reads 2.03. Measured against sales, the shares trade at 7.23 times revenue. On price-to-sales that is 170.35% above the Oil & Gas Midstream median of 2.67. 63 Oil & Gas Midstream companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.66. Annualized volatility over the trailing 10 years is 30.28%. Over the trailing twelve months the total return is +20.34%. Across 10 years the annualized return works out at +14.89%.

Growth & Income

Shareholders receive a dividend, yielding 2.99% on the latest price. That is 2.4 percentage points below the Oil & Gas Midstream median yield of 5.41%. The indicated annual rate is $2.10 a share. The ex-dividend date on file is September 11, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $1.58 a share. The year before, 2025, totalled $2.00 a share.

2026 is still running; the total return is +23.78% year to date. Across the complete calendar years on file, 2024 returned +62.35% and 2018 returned −23.88%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

The Williams Companies, Inc. (WMB) operates in the Oil & Gas Midstream industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
The Williams Companies, Inc. WMB $89.05B 29.0
Enbridge Inc. ENB $107.01B 25.7
Enterprise Products Partners L.P. EPD $79.02B 12.7
Kinder Morgan, Inc. KMI $75.64B 21.9

The Oil & Gas Midstream industry average P/E ratio is 14.1x. The Williams Companies, Inc. trades at a P/E of 29.0.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About The Williams Companies, Inc.

The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission, Power & Gulf, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission, Power & Gulf segment comprises Transco, NWP, and Mountain West interstate natural gas pipelines, and their related natural gas storage facilities, as well as natural gas gathering and processing; and crude oil production handling and transportation assets in the Gulf Coast region. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment consists of gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, the Mid-Continent region that includes the Anadarko and Permian basins, and the DJ Basin of Colorado; and operates natural gas liquid (NGL) fractionation and storage assets in central Kansas near Conway. The Gas & NGL Marketing Services segment provides wholesale marketing, trading, storage, and transportation of natural gas for natural gas utilities, municipalities, power generators, and producers; asset management services; and transports and markets NGLs. The company owns and operates approximately 32,000 miles of pipelines. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.

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