The Williams Companies, Inc. (WMB) Earnings History
Elite Compounder32 years of earnings data (1994–2025) · 5-year EPS CAGR exceeds 18% — top-tier earnings quality
Loading earnings history...
The Williams Companies, Inc. (WMB) Earnings Overview
As of October 3, 2026, The Williams Companies, Inc. (WMB) reported trailing twelve-month net income of $3.07B, reflecting +17.6% year-over-year growth. The company earned $2.51 per diluted share over the past four quarters, with a net profit margin of 21.9%.
Looking at the long-term picture, WMB's 5-year EPS compound annual growth rate (CAGR) stands at +66.0%, indicating exceptional earnings growth. The company achieved its highest annual net income of $3.18B in fiscal 2023.
The Williams Companies, Inc. maintains industry-leading profitability with a gross margin of 42.9%, operating margin of 36.8%, and net margin of 21.9%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including KMI ($3.47B net income, 18.0% margin), ET ($5.82B net income, 5.9% margin), EPD ($6.29B net income, 11.1% margin), WMB has outperformed on profitability metrics. Compare WMB vs KMI →
WMB Earnings vs Peers
Earnings metrics vs comparable public companies
WMB Historical Earnings Data (1994–2025)
32 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.62B | +17.7% | $4.40B | $2.14 | 21.9% | 36.8% |
| 2024 | $2.23B | -30.0% | $3.34B | $1.82 | 21.2% | 31.8% |
| 2023 | $3.18B | +55.1% | $4.31B | $2.60 | 29.1% | 39.5% |
| 2022 | $2.05B | +35.1% | $3.02B | $1.67 | 18.7% | 27.5% |
| 2021 | $1.52B | +619.0% | $2.63B | $1.24 | 14.3% | 24.8% |
| 2020 | $211M | -75.2% | $2.20B | $0.17 | 2.7% | 28.5% |
| 2019 | $850M | +648.4% | $1.92B | $0.70 | 10.4% | 23.4% |
| 2018 | -$155M | -107.1% | $768M | $-0.16 | -1.8% | 8.8% |
| 2017 | $2.17B | +612.7% | $927M | $2.62 | 27.1% | 11.5% |
| 2016 | -$424M | +25.7% | $689M | $-0.56 | -5.7% | 9.2% |
| 2015 | -$571M | -127.0% | $226M | $-0.74 | -7.8% | 3.1% |
| 2014 | $2.11B | +391.6% | $1.57B | $2.83 | 27.7% | 20.5% |
| 2013 | $430M | -49.9% | $1.38B | $0.62 | 6.3% | 20.0% |
| 2012 | $859M | +128.5% | $1.61B | $1.26 | 11.5% | 21.5% |
| 2011 | $376M | +134.3% | $1.87B | $0.63 | 4.7% | 23.5% |
| 2010 | -$1.10B | -484.9% | $1.41B | $-1.88 | -16.5% | 21.2% |
| 2009 | $285M | -79.9% | $1.11B | $0.49 | 5.4% | 21.0% |
| 2008 | $1.42B | +43.2% | $2.53B | $2.40 | 11.9% | 21.3% |
| 2007 | $990M | +220.4% | $1.86B | $1.63 | 9.4% | 17.8% |
| 2006 | $309M | -1.6% | $1.09B | $0.51 | 3.3% | 11.6% |
| 2005 | $314M | +91.8% | $1.41B | $0.53 | 3.2% | 14.4% |
| 2004 | $164M | +133.3% | $1.23B | $0.31 | 1.3% | 9.9% |
| 2003 | -$492M | +34.8% | $1.14B | $-0.95 | -3.0% | 6.8% |
| 2002 | -$755M | -58.0% | $787M | $-1.46 | -20.3% | 21.2% |
| 2001 | -$478M | -191.1% | $2.02B | $-0.95 | -9.0% | 38.1% |
| 2000 | $524M | +136.8% | $2.02B | $1.17 | 8.0% | 30.7% |
| 1999 | $221M | +73.6% | $1.14B | $0.35 | 3.3% | 17.1% |
| 1998 | $128M | -65.4% | $921M | $0.28 | 1.7% | 12.0% |
| 1997 | $368M | -19.9% | $1.19B | $0.80 | 4.5% | 14.4% |
| 1996 | $460M | -65.1% | $1.12B | $1.07 | 6.7% | 16.4% |
| 1995 | $1.32B | +434.3% | $587M | $4.17 | 46.2% | 20.6% |
| 1994 | $247M | - | $306M | $0.73 | 14.1% | 17.5% |
Download Data
Export WMB earnings history in CSV or JSON format
Free sign-in required to download data
WMB Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
32+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
WMB — Frequently Asked Questions
Quick answers to the most common questions about buying WMB stock.
What is WMB earnings per share (EPS)?
WMB trailing twelve-month (TTM) diluted EPS is $2.51, reflecting +17.6% year-over-year growth. The 5-year EPS CAGR is +66.0%. Complete EPS history from 1994 to 2025 is available in the table on this page.
What is The Williams Companies, Inc.'s net income?
The Williams Companies, Inc. (WMB) trailing twelve-month net income is $3.1B as of 2025. Earnings grew +17.6% year-over-year. The Williams Companies, Inc. has been profitable for 7 consecutive years.
Is WMB profitable?
Yes, WMB is profitable with a TTM net income of $3.1B and a net profit margin of +21.9%. The Williams Companies, Inc. has generated profits for 7 consecutive years.
What is WMB's earnings growth rate?
WMB compound annual EPS growth rates (CAGR): 1-Year: +17.6%, 3-Year: +8.6%, 5-Year: +66.0%, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1994 to 2025.
What are WMB's profit margins?
The Williams Companies, Inc. net profit margin is +21.9%, operating margin is +36.8%, and gross margin is +42.9%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +17.5%.
Is WMB growing earnings?
Yes, WMB earnings are accelerating — EPS growth of +17.6% exceeds the 5-year CAGR of +66.0%. TTM net income reached $3.1B. Earnings momentum is strengthening.
What was WMB's best earnings year?
The Williams Companies, Inc.'s highest annual net income on record is $3.2B, achieved in fiscal year 2023. Earnings history on this page spans 1994 to 2025 and includes all annual and quarterly figures.
What were WMB's earnings last quarter?
WMB's most recent reported quarter was Q2 2026. Net income was $827M with diluted EPS of $0.68. For a full breakdown of all quarters, see the quarterly earnings table on this page.