What is Williams Companies's market cap?

Williams Companies (WMB) has a market capitalization of $92.1B and trades on NYSE.

What is Williams Companies's revenue and profitability?

Williams Companies generated $11.5B in trailing twelve-month revenue with net income of $2.4B, representing a net margin of 20.6%, with free cash flow of $1.8B. These figures are based on the Q3 2025 filing.

Who are Williams Companies's competitors?

Williams Companies's key competitors include Kinder Morgan, Enterprise Products Partners, Enbridge, and others. These companies compete in similar markets and product categories.

Who does Williams Companies partner with?

Williams Companies's notable partners include Puget Sound Energy, Inc., Cascade Natural Gas Corporation, Northwest Natural Gas Company.

What subsidiaries does Williams Companies have?

Williams Companies's subsidiaries include Transcontinental Gas Pipe Line Company, LLC, Northwest Pipeline LLC, MountainWest Pipelines Holding Company, and others.

Where is Williams Companies headquartered?

Williams Companies is headquartered in United States of America and employs approximately 5,601 people. It has been publicly traded since 1972.

Williams Companies

WMB

Williams Companies Inc. is a leading energy infrastructure company primarily focused on the natural gas value chain in the United States.

Market cap

$92.06B+28.6%

Revenue$11.5B+9.0%

Net income$2.4B-17.6%

Free cash flow$1.8B-40.7%

EPS (diluted)$1.94-17.8%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 4, 2026

Revenue$3.0BMiss by $250.0M EPS$0.73Beat by $0.10

Read the full report

Next report

Aug 3, 2026 (In 3 weeks)

Revenue estimate$2.8B

EPS estimate$0.52

Financials

Q3 2025

Income statement

See full

Revenue$2.9B+10.2%

Operating income$1.1B+32.3%

Net income$647.0M-8.4%

EPS (diluted)$0.53-8.6%

Balance sheet

See full

Cash & equivalents$70.0M-90.8%

Total equity$12.5B+0.7%

Total assets$55.7B+3.5%

Cash flow

See full

Operating cash flow$1.4B+15.8%

CapEx$954.0M+39.9%

Free cash flow$485.0M-13.5%

Valuation & ratios

Valuation

See full

Market cap$92.06B+28.6%

P/E38.8×+9.4×

P/S8×+1.6×

Profitability

See full

Operating margin34.3%-0.2pp

Net margin20.6%-6.7pp

FCF margin16%-13.4pp

Returns & leverage

See full

Return on equity19%-4.7pp

Current ratio0.4×-0.1×

Segments

By segment

See full

Reportable Segment, Aggregation before Other Operating Segment$3.1B—

Transmission, Power & Gulf$1.4B—

Gas & NGL Marketing Services$1.2B+24.2%

West$712.0M+7.4%

Northeast G & P$530.0M—

By product

See full

Non Regulated Service Commodity Consideration$45.0M+32.4%

Competitors

By market cap

Enbridge$120.26B+23.3%

Williams Companies$92.1B+28.6%

Enterprise Products Partners$81.8B+19.7%

Kinder Morgan$72.3B+14.4%

Oneok$57.4B+11.9%

EQT Corporation$32.0B-3.4%

National Fuel Gas$7.5B-1.3%

Northern Oil and Gas$2.1B-28.4%

By revenue growth

EQT Corporation+83.6%

Oneok+41.0%

National Fuel Gas+21.2%

Enbridge+13.3%

Kinder Morgan+13.1%

Williams Companies+9.0%

Enterprise Products Partners-9.3%

Northern Oil and Gas-22.7%

By net margin

EQT Corporation31.94%+25.3pp

National Fuel Gas27.37%+9.3pp

Williams Companies20.62%-6.7pp

Kinder Morgan18.92%+2.2pp

Enterprise Products Partners11.44%+1.2pp

Oneok10.03%-2.1pp

Enbridge10.0%-0.3pp

Northern Oil and Gas7.61%-43.4pp

Profile

Williams Companies Inc. is a leading energy infrastructure company primarily focused on the natural gas value chain in the United States. The company owns and operates an extensive network of interstate pipelines, gathering systems, and processing facilities that connect major supply basins to key demand markets. Its core value proposition lies in providing reliable midstream services for natural gas, natural gas liquids (NGLs), and crude oil to support clean-power generation and industrial use.

Competitive position

A dominant midstream player with a strategic footprint in the fastest-growing natural gas demand regions, particularly the Atlantic Seaboard and Gulf Coast.

GeographiesUnited States, Gulf of Mexico, Appalachia, Rocky Mountains

Customer segmentsUtilities, Industrial, Energy Producers, Municipalities

Business modelFee-based service, Regulated utility-like, Commodity marketing, Take-or-pay (MVC)

SuppliersExploration and production companies, Drilling activity in shale basins, Pipeline equipment manufacturers, Steel and construction services

CustomersElectric power plants, Local gas distribution companies, Petrochemical manufacturers, LNG export facilities, Industrial manufacturing plants

CountryUnited States of America

Listed1972

Employees5.6K

CEOChad J. Zamarin

SectorEnergy

IndustryOil & Gas Midstream

Websitewilliams.com

FilingsSEC EDGAR

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Questions, answered.

What is Williams Companies's market cap?: Williams Companies (WMB) has a market capitalization of $92.1B and trades on NYSE.
What is Williams Companies's revenue and profitability?: Williams Companies generated $11.5B in trailing twelve-month revenue with net income of $2.4B, representing a net margin of 20.6%, with free cash flow of $1.8B. These figures are based on the Q3 2025 filing.
Who are Williams Companies's competitors?: Williams Companies's key competitors include Kinder Morgan, Enterprise Products Partners, Enbridge, and others. These companies compete in similar markets and product categories.
Who does Williams Companies partner with?: Williams Companies's notable partners include Puget Sound Energy, Inc., Cascade Natural Gas Corporation, Northwest Natural Gas Company.
What subsidiaries does Williams Companies have?: Williams Companies's subsidiaries include Transcontinental Gas Pipe Line Company, LLC, Northwest Pipeline LLC, MountainWest Pipelines Holding Company, and others.
Where is Williams Companies headquartered?: Williams Companies is headquartered in United States of America and employs approximately 5,601 people. It has been publicly traded since 1972.