Williams Companies, Inc. (WMB) stock

WMBNYSENatural Gas TransmissionFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 2, 2026Score 8/3042% above fair value

$69.09−0.35 (-0.50%)

Close on Nov 13, 2026Market cap $84.51BP/E 27.5Yield 2.89%

Williams Companies statistics

106 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 9, 2027 (estimated, before the open)
Last ex-dividend date: Sep 11, 2026
Fundamentals through: Jun 30, 2026
Share price as of: Nov 13, 2026

Valuation ratiosIndustry

Market Cap: $84.51B; $5.24B
Enterprise Value: $117.28B; $8.75B
PE Ratio: 27.53; 20.21
PS Ratio: 6.92; 2.82
PB Ratio: 6.41; 1.95
P/TBV Ratio: 6.41; 2.12
P/OCF Ratio: 14.10; 9.62

Enterprise valuationIndustry

EV / Sales: 9.61; 4.49
EV / EBITDA: 16.77; 13.37
EV / EBIT: 25.17; 20.98

Share statisticsIndustry

Shares Outstanding: 1.22B; 137M
Shares Change (YoY): 0.12%; 2.02%
Float: 1.22B; 118M
Shares Held by Insiders: 0.49%; 1.37%
Shares Held by Institutions: 89.8%; 80.3%

Short sellingIndustry

Short Interest: 30M; –
Short Interest Change: 11.8%; -1.80%
Short % of Float: 2.44%; 4.12%
Short % of Shares Outstanding: 2.43%; 3.58%
Days to Cover: 3.75; 4.52

Stock price statisticsIndustry

52-Week High: $80.08; –
52-Week Low: $58.09; –
20-Day Moving Average: $70.32; –
50-Day Moving Average: $71.12; –
200-Day Moving Average: $72.63; –
Average True Range (14): $2.53; –
Price Change (1 Week): 7.82%; 1.53%
Price Change (1 Month): -0.19%; 3.82%
Price Change (3 Months): -5.94%; -3.37%
Price Change (6 Months): -11.1%; -2.42%
Price Change (YTD): 14.9%; 5.22%
Price Change (1 Year): 14.3%; 1.91%
Price Change (3 Years): 95.8%; 35.3%
Price Change (5 Years): 141.2%; 23.2%
Price Change (10 Years): 129.2%; 52.6%
Average Volume (10 Days): 10M; –
Average Volume (20 Days): 9M; –
Average Volume (90 Days): 8M; –
Relative Volume: 0.57; 0.81
Relative Strength Index (14): 47.2; 53.8
Volatility (1 Year): 26.4%; 25.2%
Beta (5 Years): 0.56; 0.43

MarginsIndustry

Operating Margin: 38.2%; 20.0%
Pretax Margin: 34.7%; 14.6%
Profit Margin: 25.2%; 10.9%
EBITDA Margin: 57.3%; 33.2%
FCF Margin: -0.88%; -8.17%

Returns on capitalIndustry

Return on Equity (ROE): 24.0%; 9.20%
Return on Assets (ROA): 5.26%; 2.64%
Return on Invested Capital (ROIC): 8.50%; 5.77%
Return on Capital Employed (ROCE): 8.62%; 4.78%

Financial positionIndustry

Current Ratio: 0.48; 0.90
Quick Ratio: 0.33; 0.39
Debt / Equity: 2.33; 1.30
Debt / EBITDA: 4.40; 4.88
Net Debt / EBITDA: 4.37; 4.68
Interest Coverage: 3.13; 2.41

GrowthIndustry

Revenue Growth (YoY): 8.72%; 7.96%
Net Income Growth (YoY): 26.5%; 12.1%
EPS Growth (YoY): 26.1%; 10.4%
FCF Growth (YoY): -105.7%; 1.23%
Revenue Growth (3Y CAGR): 2.91%; 3.90%
Revenue Growth (5Y CAGR): 9.13%; 7.80%
EPS Growth (3Y CAGR): 8.62%; 6.07%
EPS Growth (5Y CAGR): 66.0%; 6.26%

EfficiencyIndustry

Asset Turnover: 0.21; 0.23
Revenue Per Employee: $2.04M; $1.11M
Profits Per Employee: $513.28K; $118.50K
Employee Count: 5,987; 1,444
WACC: 6.83%; 6.96%

Income statement (TTM)Industry

Revenue: $12.20B; $2.34B
Operating Income: $4.66B; $370.54M
Pretax Income: $4.24B; $279.10M
Net Income: $3.07B; $140.26M
EBITDA: $6.99B; $664.06M
EPS (Diluted): $2.51; $2.12

Balance sheetIndustry

Cash & Short-Term Investments: $203.00M; $51.50M
Total Debt: $30.79B; $4.67B
Net Cash (Debt): -$30.59B; -$2.57B
Net Cash Per Share: -$25.01; -$23.93
Equity (Book Value): $13.19B; $2.20B
Book Value Per Share: $10.78; $18.60
Tangible Book Value: $13.19B; $1.44B
Working Capital: -$3.42B; -$14.10M

Cash flow (TTM)Industry

Operating Cash Flow: $5.99B; $516.26M
Capital Expenditures: -$6.10B; -$771.90M
Free Cash Flow: -$108.00M; -$37.62M
FCF Per Share: -$0.09; -$0.53

Dividends and yieldsIndustry

Earnings Yield: 3.64%; 4.40%
FCF Yield: -0.13%; -3.90%
Dividend Yield: 2.89%; 2.80%
Buyback Yield: -0.01%; -1.03%
Shareholder Yield: 2.88%; 1.62%
Dividend Per Share: $2.00; $1.98
Dividend Growth (YoY): 5.26%; 5.10%
Years of Dividend Growth: 8; 11
Payout Ratio: 81.5%; 58.8%

Taxes and interestIndustry

Interest Expense: $1.49B; $204.10M
Income Tax: $994.00M; $44.44M
Effective Tax Rate: 23.5%; 16.0%

Scores and fair valueIndustry

Graham Number: $24.68; $47.70
Graham Upside: -64.3%; -27.6%
Altman Z-Score: 1.23; 1.09
Piotroski F-Score: 6; 5
Lynch Fair Value: $62.75; –
Lynch Upside: -9.18%; -36.4%

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

Period	WMB	S&P 500	Difference	WMB per year	S&P 500 per year
1 month	-7.3%	-3.0%	−4.3 pts
3 months	-4.7%	-2.8%	−1.9 pts
Year to date	+17.5%	+11.5%	+6.0 pts
1 year	+19.5%	+13.5%	+6.0 pts
3 years	+121.3%	+77.7%	+43.6 pts	+30.3%	+21.1%
5 years	+200.5%	+72.6%	+127.9 pts	+24.6%	+11.5%
10 years	+281.9%	+308.2%	−26.3 pts	+14.3%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

30M WMB shares were sold short on Oct 30, 2026, up 11.8% from the previous report, or 2.44% of the shares available to trade. At recent volumes it would take 3.8 days to buy them back. Over the last 20 sessions, 35.2% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	29,752,577	+11.8%	7,941,130	3.8
Oct 15, 2026	26,612,858	-2.1%	7,942,357	3.4
Sep 30, 2026	27,173,947	+13.1%	7,562,773	3.6
Sep 15, 2026	24,031,504	-8.1%	7,474,889	3.2
Aug 31, 2026	26,153,338	+8.5%	7,784,606	3.4
Aug 14, 2026	24,112,805	-8.9%	6,226,277	3.9
Jul 31, 2026	26,476,801	+29.4%	6,643,273	4.0
Jul 15, 2026	20,455,181	-16.6%	6,411,214	3.2
Jun 30, 2026	24,517,221	+4.0%	9,808,865	2.5
Jun 15, 2026	23,582,185	+8.8%	5,784,193	4.1
May 29, 2026	21,683,353	+6.8%	6,922,345	3.1
May 15, 2026	20,307,801	+9.1%	6,823,387	3.0

Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.

Where these numbers come from

Parsed from the XBRL in Williams Companies's annual and quarterly filings with the SEC
Per-share figures adjusted for the 2-for-1 split on Dec 30, 1997
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing

Against peers

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is WMB.

Compare: WMB vs TRGP · WMB vs KMI · WMB vs TRP · WMB vs WES · WMB vs NGL

Revenue growth8.7% · median 14.9%

Operating margin38.2% · median 25.7%

Net margin25.2% · median 16.5%

Company	Revenue	Growth
KMI	$18.34B	+11.7%
TRGP	$18.19B	+4.7%
WMB	$12.20B	+8.7%
WES	$4.57B	+22.3%
NGL	$3.84B	+18.0%
TRP	–	–

Company

Next earnings (est.): Feb 9, 2027, before open
Exchange: NYSE
Industry: Natural Gas Transmission
Fiscal year ends: December 31
Employees: 5,987
Held by institutions: 89.8%
Auditor: Ernst & Young LLP
SEC CIK: 107263

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