Question 1

What is Williams Companies's P/S ratio?

Accepted Answer

Williams Companies (WMB) P/S ratio is 7.6× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Williams Companies?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Williams Companies specifically, the relevant sector benchmark is the current sector median of 2.2×.

Question 5

Is Williams Companies's P/S ratio high or low?

Accepted Answer

Williams Companies's P/S ratio of 7.6× is above its own 5-year average of 4.7× and above the sector median of 2.2×. That places the current reading at the 97th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Williams Companies's historical P/S ratio range?

Accepted Answer

In the available daily series, Williams Companies (WMB) P/S ratio has ranged from a low of 0.2× in 2002 to a high of 8.1× in 2026. The 5-year average is 4.7× and the 5-year median is 3.9×.

Question 7

What was Williams Companies's P/S ratio in 2025?

Accepted Answer

Williams Companies (WMB) P/S ratio at the end of 2025 was 6.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Williams Companies's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$73.5B	$11.9B	6.2×	-0.1×	Dec 31, 2025
2024	$66B	$10.5B	6.3×	+2.4×	Dec 31, 2024
2023	$42.4B	$10.9B	3.9×	+0.2×	Dec 31, 2023
2022	$40.1B	$11B	3.7×	+0.7×	Dec 31, 2022
2021	$31.6B	$10.6B	3.0×	-0.2×	Dec 31, 2021
2020	$24.4B	$7.72B	3.2×	-0.4×	Dec 31, 2020
2019	$28.8B	$8.2B	3.5×	+0.4×	Dec 31, 2019
2018	$26.7B	$8.69B	3.1×	-0.1×	Dec 31, 2018
2017	$25.2B	$8.03B	3.1×	+0.0×	Dec 31, 2017
2016	$23.4B	$7.5B	3.1×	+0.5×	Dec 31, 2016
2015	$19.2B	$7.36B	2.6×	-1.8×	Dec 31, 2015
2014	$33.6B	$7.64B	4.4×	+0.6×	Dec 31, 2014
2013	$26.3B	$6.86B	3.8×	+0.9×	Dec 31, 2013
2012	$22.2B	$7.49B	3.0×	+0.3×	Dec 31, 2012
2011	$15.6B	$5.81B	2.7×	+1.5×	Dec 31, 2011
2010	$11.5B	$9.6B	1.2×	+0.0×	Dec 31, 2010
2009	$9.76B	$8.26B	1.2×	+0.6×	Dec 31, 2009
2008	$6.65B	$12.3B	0.5×	-1.0×	Dec 31, 2008
2007	$16.6B	$10.6B	1.6×	+0.4×	Dec 31, 2007
2006	$12.4B	$10.5B	1.2×	+0.3×	Dec 31, 2006
2005	$10.9B	$12.6B	0.9×	+0.3×	Dec 31, 2005
2004	$7.29B	$12.5B	0.6×	+0.3×	Dec 31, 2004
2003	$4.05B	$16.9B	0.2×	-0.2×	Dec 31, 2003
2002	$1.11B	$2.74B	0.4×	—	Dec 31, 2002


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Diamondback Energy (FANG)	3.7×
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Enphase Energy (ENPH)	3.5×
Targa Resources (TRGP)	3.3×
EOG Resources (EOG)	3.3×
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Baker Hughes (BKR)	2.2×
SLB (SLB)	2.1×
Enbridge (ENB)	2.1×
Devon Energy (DVN)	1.9×
Expand Energy (EXE)	1.9×
APA (APA)	1.7×
ONEOK (OKE)	1.6×
NACCO Industries (NC)	1.4×
Halliburton (HAL)	1.3×
Energy Transfer LP (ET)	0.7×
Valero Energy (VLO)	0.6×
Phillips 66 (PSX)	0.5×
Marathon Petroleum (MPC)	0.5×

P/S Ratio for Williams Companies (WMB) 2002-2026

P/S Ratio daily chart for Williams Companies (WMB)

Historical P/S Ratio for Williams Companies (WMB) from 2002 to 2025

About P/S Ratio at Williams Companies (WMB)

Williams Companies P/S Ratio by Year

Williams Companies P/S Ratio 2025: 6.2×

Williams Companies P/S Ratio 2024: 6.3×

Williams Companies P/S Ratio 2023: 3.9×

Williams Companies P/S Ratio 2022: 3.7×

Williams Companies P/S Ratio 2021: 3.0×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Williams Companies (WMB) Key Financials