Williams Companies Defined Contribution Plan Cost remained flat by 0.0% to $17.25M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 15.0%, from $15.00M to $17.25M. Over 2 years (FY 2022 to FY 2024), Defined Contribution Plan Cost shows an upward trend with a 14.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Higher costs relative to revenue may indicate a competitive benefits package or rising labor costs, while lower costs could reflect changes in plan design or headcount.
This metric captures the total expense recognized by the company for contributions made to employee defined contribution...
Comparable to 'Retirement Plan Expense' or 'Pension Expense' at other firms, reflecting labor-related overhead.
is_cat_defined_contribution_plan_cost| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $53.00M | $60.00M | $69.00M |
| YoY Change | — | +13.2% | +15.0% |