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Operating Margin for Williams Companies (WMB)

As of · Reported

Metric

TTM

38.8%

YoY change

+5.04pp

Trough year (2015)

3.1%

Peak year (1985)

100.0%

Operating Margin history chart for Williams Companies (WMB) from 1985 to 2025

Latest: 36.8%

Operating Margin change chart for Williams Companies (WMB) from 1985 to 2025

Latest: +5.04pp

Operating Margin history table for Williams Companies (WMB) from 1985 to 2025

  • 202536.8%+5.04pp
  • 202431.8%-7.73pp
  • 202339.5%+12.00pp
  • 202227.5%+2.77pp
  • 202124.8%-3.77pp
  • 202028.5%+5.10pp
  • 201923.4%+14.58pp
  • 20188.8%-2.70pp
  • 201711.5%+2.35pp
  • 20169.2%+6.12pp
  • 20153.1%-17.47pp
  • 201420.5%+0.50pp
  • 201320.0%-1.49pp
  • 201221.5%-2.01pp
  • 201123.5%+2.35pp
  • 201021.2%+0.24pp
  • 200921.0%-0.35pp
  • 200821.3%+3.52pp
  • 200717.8%+6.18pp
  • 200611.6%-2.79pp
  • 200514.4%+4.49pp
  • 20049.9%+3.07pp
  • 20036.8%-14.32pp
  • 200221.2%-16.93pp
  • 200138.1%+7.36pp
  • 200030.7%+13.59pp
  • 199917.1%+5.11pp
  • 199812.0%-2.38pp
  • 199714.4%-1.94pp
  • 199616.4%-4.20pp
  • 199520.6%+3.07pp
  • 199417.5%-82.51pp
  • 1993100.0%0.00pp
  • 1992100.0%0.00pp
  • 1991100.0%0.00pp
  • 1990100.0%0.00pp
  • 1989100.0%0.00pp
  • 1988100.0%0.00pp
  • 1987100.0%0.00pp
  • 1986100.0%0.00pp
  • 1985100.0%—

Operating Margin values are taken from Williams Companies's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Williams Companies (WMB)

According to Williams Companies's latest reported financial statements, the company's latest reported operating margin is 38.8%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Williams Companies (WMB) reported operating margin of 36.83% – expanded 5.0 percentage points year-over-year.

100.00% stands as the all-time-high annual operating margin, posted in 1985, against a low of 3.07% during 2015.

Williams Companies Operating Margin by Year

Williams Companies Operating Margin 2025: 36.8%

Williams Companies posted operating margin of 36.83% in 2025, expanded 5.0 percentage points from 2024.

Williams Companies Operating Margin 2024: 31.8%

In 2024, Williams Companies reported operating margin of 31.79%, contracted 7.7 percentage points from 2023.

Williams Companies Operating Margin 2023: 39.5%

Williams Companies operating margin in 2023 was 39.53%, expanded 12.0 percentage points from 2022.

Williams Companies Operating Margin 2022: 27.5%

2022's operating margin for Williams Companies came in at 27.52%, expanded 2.8 percentage points from 2021.

Williams Companies Operating Margin 2021: 24.8%

Williams Companies operating margin in 2021 was 24.76%.

See more financial history for Williams Companies (WMB).

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