The Williams Companies, Inc. (WMB) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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WMB Revenue Growth
Revenue Breakdown (FY 2025)
WMB's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
WMB Revenue Analysis (2014–2025)
As of May 8, 2026, The Williams Companies, Inc. (WMB) generated trailing twelve-month (TTM) revenue of $11.92 billion, reflecting slight decline in growth of -0.6% year-over-year. The most recent quarter (Q1 2026) recorded $3.03 billion in revenue, down 5.3% sequentially.
Looking at the longer-term picture, WMB's 5-year compound annual growth rate (CAGR) stands at +9.1%, indicating steady revenue expansion. The company achieved its highest annual revenue of $11.95 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows WMB's business is primarily driven by Gas & NGL Marketing Services (72%), and West (28%). With over half of revenue concentrated in Gas & NGL Marketing Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including KMI (+13.1% YoY), ET (+8.9% YoY), and EPD (-6.4% YoY), WMB has underperformed the peer group in terms of revenue growth. Compare WMB vs KMI →
WMB Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WMBCurrent | $11.9B | -0.6% | +9.1% | 36.8% | |
 KMI | $16.9B | +13.1% | +8.1% | 28.4% | |
 ET | $82.6B | +8.9% | +16.2% | 11.4% | |
 EPD | $52.6B | -6.4% | +14.1% | 13.1% | |
 TRGP | $17.1B | -2.3% | +15.7% | 20.1% | |
 OKE | $33.6B | +41.0% | +31.8% | 20.7% |
WMB Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $11.95B | +13.8% | $5.12B | 42.9% | $4.40B | 36.8% |
| 2024 | $10.50B | -3.7% | $6.17B | 58.7% | $3.34B | 31.8% |
| 2023 | $10.91B | -0.5% | $6.80B | 62.4% | $4.31B | 39.5% |
| 2022 | $10.96B | +3.2% | $5.50B | 50.2% | $3.02B | 27.5% |
| 2021 | $10.63B | +37.7% | $4.75B | 44.7% | $2.63B | 24.8% |
| 2020 | $7.72B | -5.9% | $4.38B | 56.8% | $2.20B | 28.5% |
| 2019 | $8.20B | -5.6% | $4.42B | 53.9% | $1.92B | 23.4% |
| 2018 | $8.69B | +8.2% | $4.12B | 47.4% | $768.0M | 8.8% |
| 2017 | $8.03B | +7.1% | $4.00B | 49.7% | $927.0M | 11.5% |
| 2016 | $7.50B | +1.9% | $4.01B | 53.5% | $689.0M | 9.2% |
Full WMB Stock Analysis
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Start ComparisonWMB — Frequently Asked Questions
Quick answers to the most common questions about buying WMB stock.
Is WMB's revenue growth accelerating or slowing?
WMB revenue growth slowed to -0.6%, below the 5-year CAGR of +9.1%. TTM revenue is $11.9B. The deceleration marks a shift from historical growth rates.
What is WMB's long-term revenue growth rate?
The Williams Companies, Inc.'s 5-year revenue CAGR of +9.1% reflects the variable expansion pattern. Current YoY growth of -0.6% is near this long-term average.
How is WMB's revenue distributed by segment?
WMB reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.