WMB Williams Cos margins

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 87
Gross margin
62.5%
Operating margin
37.5%
EBITDA margin
63.9%
Net margin
25%

For this period, Williams Cos reports a gross margin of 62.5%, an operating margin of 37.5%, an EBITDA margin of 63.9%, and a net margin of 25%. The company's available margins all improved, with EBITDA margin showing the strongest expansion of 4.7 percentage points.

WMB margin history

Gross, operating, EBITDA and net margin trends

Williams Cos's margins averaged 61.53% gross, 35.2% operating, 64.09% EBITDA, and 24.23% net over the last 3 years. The current figures show gross, operating, and net margins are above their three-year averages, while EBITDA margin is below its three-year average.

WMB margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 1.6 percentage points, operating margin by 3.2 percentage points, EBITDA margin by 4.7 percentage points, and net margin by 4.4 percentage points, led by EBITDA margin with an increase of 4.7 percentage points.

Gross margin expansion
1.6pp
Operating margin expansion
3.2pp
EBITDA margin expansion
4.7pp
Net margin expansion
4.4pp

WMB Gross margin

Williams Cos's gross margin averaged 61.53% over the last 3 years. Williams Cos's current gross margin is 62.5% and is 1 percentage points above its three-year average. Over the last 3 years, Williams Cos's gross margin peaked at 63.3% in Jun 2026 and reached a low of 58.8% in Mar 2025.

WMB Operating margin

Looking back over the last 3 years, Williams Cos recorded an average operating margin of 35.2%. Williams Cos's current operating margin is 37.5% and is 2.3 percentage points above its three-year average. The highest operating margin for Williams Cos was 38.3% in Dec 2023, while the lowest was 31.7% in Mar 2025.

WMB EBITDA margin

The average EBITDA margin for Williams Cos was 64.09% over the last 3 years. Against its three-year average, Williams Cos's EBITDA margin is currently 63.9%, 0.2 percentage points below its three-year average. The EBITDA margin for Williams Cos moved between 59.2% in Sep 2025 and 69.5% in Sep 2024.

WMB Net margin

Williams Cos recorded an average net margin of 24.23% across the last 3 years. Williams Cos currently reports a net margin of 25%, 0.8 percentage points above its three-year average. Looking back over the last 3 years, Williams Cos's net margin reached 29.1% at its highest point in Dec 2023 and 20.6% at its lowest in Sep 2025.

WMB margin group comparison

Margins compared with peer-group, industry and sector averages

Williams Cos's gross margin of 62.5% is above the Energy sector and the industry average. In comparison with its Energy sector average of 42.7%, Williams Cos's gross margin is 46% higher.

WMB margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Williams Cos's gross margin?

For the period ending Sep 30, 2026, WMB recorded a gross margin of 62.5%.

What is Williams Cos's operating margin?

The current operating margin for WMB is 37.5% as of Sep 30, 2026.

What is Williams Cos's EBITDA margin?

For the period ending Sep 30, 2026, WMB recorded an EBITDA margin of 63.9%.

What is Williams Cos's net margin?

For the period ending Sep 30, 2026, WMB recorded a net margin of 25%.

What are the average margins of WMB?

Williams Cos's average margins over the last 3 years were 61.5% gross, 35.2% operating, 64.1% EBITDA, and 24.2% net.

What are the highest historical margins of WMB?

Over this 5-year history, WMB peaked at 63.3% gross in Jun 2026, 38.3% operating in Dec 2023, 69.5% EBITDA in Sep 2024, and 29.1% net in Dec 2023.

What are the lowest historical margins of WMB?

Over this 5-year history, Williams Cos's margins fell as low as 46.4% gross in Jun 2022, 22.5% operating in Jun 2022, 46.5% EBITDA in Jun 2022, and 14% net in Mar 2022.