WMB Stock Analysis: Williams Companies | NYSE

Oil & Gas Midstream | NYSE, USA | Market Cap: 87.885m USD | 12M Return: 30.2% | US9694571004 | Charts, Fundamentals & Technical Analysis

Interstate Pipelines, Gas Gathering, NGL Fractionation, Crude Transportation
Total Rating 40
Safety 47
Buy Signal -0.21
Oil & Gas Midstream
Industry Rotation: +3.6
Market Cap: 87.9B
Avg Turnover: 456M
Risk 3d forecast
Volatility24.0%
VaR 5th Pctl4.37%
VaR vs Median10.6%
Reward TTM
Sharpe Ratio1.08
Rel. Str. IBD45.3
Rel. Str. Peer Group23
Character TTM
Beta0.285
Beta Downside0.378
Hurst Exponent0.517
Drawdowns 3y
Max DD12.36%
CAGR/Max DD2.73
CAGR/Mean DD8.69
EPS (Earnings per Share) EPS (Earnings per Share) of WMB over the last years for every Quarter: "2021-06": 0.27, "2021-09": 0.34, "2021-12": 0.39, "2022-03": 0.41, "2022-06": 0.35, "2022-09": 0.48, "2022-12": 0.55, "2023-03": 0.56, "2023-06": 0.42, "2023-09": 0.45, "2023-12": 0.48, "2024-03": 0.59, "2024-06": 0.43, "2024-09": 0.43, "2024-12": 0.47, "2025-03": 0.6, "2025-06": 0.46, "2025-09": 0.49, "2025-12": 0.55, "2026-03": 0.73, "2026-06": 0.5,
EPS CAGR: 5.28%
EPS Trend: 78.4%
Last SUE: -0.43
Qual. Beats: 0
Revenue Revenue of WMB over the last years for every Quarter: 2021-06: 2283, 2021-09: 2475, 2021-12: 3257, 2022-03: 2524, 2022-06: 2490, 2022-09: 3021, 2022-12: 2930, 2023-03: 3081, 2023-06: 2483, 2023-09: 2559, 2023-12: 2784, 2024-03: 2771, 2024-06: 2336, 2024-09: 2653, 2024-12: 2743, 2025-03: 3048, 2025-06: 2770, 2025-09: 2923, 2025-12: 3198, 2026-03: 3030, 2026-06: 3053,
Rev. CAGR: 4.88%
Rev. Trend: 78.1%
Last SUE: 1.83
Qual. Beats: 1

Warnings

High Debt While Negative Cash Flow
Altman Z'' In Financial Distress Zone

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan -1.0% 7
Feb -1.7% 2
Mar +0.2% 27
Apr -0.8% 8
May +1.9% 5
Jun +1.2% 31
Jul +0.7% 5
Aug -2.0% 28
Sep -0.8% 14
Oct -3.9% 9
Nov +1.9% 40
Dec -3.9% 43

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: WMB Williams Companies

Williams Companies, Inc. (NYSE: WMB) is a U.S.-based energy infrastructure company headquartered in Tulsa, Oklahoma, and founded in 1908. It operates as a large-cap stock in the GICS Energy sector, specifically within the Oil & Gas Storage & Transportation sub-industry.

The company conducts business through four segments: Transmission, Power & Gulf; Northeast G&P; West; and Gas & NGL Marketing Services. Its midstream operations span gathering, processing, fractionation, storage, transportation, and wholesale marketing of natural gas, natural gas liquids (NGLs), and crude oil.

Williams owns and operates approximately 32,000 miles of pipelines, including major interstate systems such as Transco, Northwest Pipeline (NWP), and Mountain West. Its pipeline footprint also includes gathering, processing, and storage assets serving key U.S. shale basins, including the Marcellus, Utica, Barnett, Eagle Ford, Haynesville, and the Anadarko, Permian, and DJ basins.

Midstream energy companies like Williams generate revenue primarily through fee-based contracts for transporting, processing, and storing hydrocarbons, which generally provides more stable cash flows than upstream exploration and production businesses that are directly exposed to commodity price volatility.

Headlines to Watch Out For
  • Transco expansion projects drive fee-based revenue growth
  • LNG export and power demand boost gas transmission volumes
  • Gathering and processing margins track Marcellus producer activity
Piotroski VR-10 (Strict) 4.5
Net Income: 3.07b TTM > 0 and > 6% of Revenue
FCF/TA: -0.00 > 0.02 and ΔFCF/TA -3.57 > 1.0
NWC/Revenue: -28.05% < 20% (prev -24.89%; Δ -3.16% < -1%)
CFO/TA 0.10 > 3% & CFO 5.99b > Net Income 3.07b
Net Debt (30.6b) to EBITDA (7.45b): 4.11 < 3
Current Ratio: 0.48 > 1.5 & < 3
Outstanding Shares: last quarter (1.22b) vs 12m ago 0.19% < -2%
Gross Margin: 73.59% > 18% (prev 53.45%; Δ 20.14% > 0.5%)
Asset Turnover: 20.91% > 50% (prev 19.97%; Δ 0.93% > 0%)
Interest Coverage Ratio: 3.59 > 6 (EBIT TTM 5.35b / Interest Expense TTM 1.49b)
Altman Z'' -0.08
A: -0.06 (Total Current Assets 3.12b - Total Current Liabilities 6.55b) / Total Assets 60.6b
B: -0.20 (Retained Earnings -11.8b / Total Assets 60.6b)
C: 0.09 (EBIT TTM 5.35b / Avg Total Assets 58.4b)
D: 0.29 (Book Value of Equity 13.2b / Total Liabilities 45.2b)
Altman-Z'' = -0.08 = B
Beneish M -4.00
DSRI: 1.16 (Receivables 1.97b/1.56b, Revenue 12.2b/11.2b)
GMI: 0.73 (GM 53.45% / 73.59%)
AQI: -0.55 (AQ_t -0.13 / AQ_t-1 0.23)
SGI: 1.09 (Revenue 12.2b / 11.2b)
TATA: -0.05 (NI 3.07b - CFO 5.99b) / TA 60.6b)
Beneish M = -4.01 (Cap -4..+1) = AAA
What is the price of WMB shares?

As of August 14, 2026, the stock is trading at USD 73.04 with a total of 3,942,156 shares traded. Over the past week, the price has changed by +1.78%, over one month by -1.91%, over three months by -2.81% and over the past year by +30.24%.

Current recommended Stop Loss: 70.30 (which is 3.8% or 1.4 ATR below the current price).

Is WMB a buy, sell or hold?

Williams Companies has received a consensus analysts rating of 3.73. Therefore, it is recommended to hold WMB.

  • StrongBuy: 8
  • Buy: 4
  • Hold: 8
  • Sell: 0
  • StrongSell: 2

What are the forecasts/targets for the WMB price?
Analysts Target Price 84.7 16%
Williams Companies (WMB) - Fundamental Data Overview as of 12 August 2026
Market Cap USD = 87.9b (87.9b USD * 1.0 USD.USD)
P/E Trailing = 27.9572
P/E Forward = 30.1205
P/S = 7.1318
P/B = 6.5459
P/EG = 2.3304
Revenue TTM = 12.2b USD
EBIT TTM = 5.35b USD
EBITDA TTM = 7.45b USD
Long Term Debt = 28.1b USD (from longTermDebt, last quarter)
Short Term Debt = 2.67b USD (from shortTermDebt, last quarter)
Debt = 30.8b USD (from shortLongTermDebtTotal, last quarter) + Leases 32.0m
Net Debt = 30.6b USD (calculated: Debt 30.8b - CCE 203.0m)
Enterprise Value = 119b USD (87.9b + Debt 30.8b - CCE 203.0m)
Interest Coverage Ratio = 3.59 (Ebit TTM 5.35b / Interest Expense TTM 1.49b)
EV/FCF = -553.8x (Enterprise Value 119b / FCF TTM -214.0m)
FCF Yield = -0.18% (FCF TTM -214.0m / Enterprise Value 119b)
FCF Margin = -1.75% (FCF TTM -214.0m / Revenue TTM 12.2b)
Net Margin = 25.18% (Net Income TTM 3.07b / Revenue TTM 12.2b)
Gross Margin = 73.59% ((Revenue TTM 12.2b - Cost of Revenue TTM 3.22b) / Revenue TTM)
Gross Margin QoQ = 83.33% (prev 82.08%)
Tobins Q-Ratio = 1.96 (Enterprise Value 119b / Total Assets 60.6b)
Interest Expense / Debt = 4.83% (Interest Expense 1.49b / Debt 30.8b)
Taxrate = 23.45% (994.0m / 4.24b)
NOPAT = 4.10b (EBIT 5.35b * (1 - 23.45%))
Current Ratio = 0.48 (Total Current Assets 3.12b / Total Current Liabilities 6.55b)
Debt / Equity = 2.34 (Debt 30.8b / totalStockholderEquity, last quarter 13.2b)
Debt / EBITDA = 4.11 (Net Debt 30.6b / EBITDA 7.45b)
 Debt / FCF = -143.1 (out of range, set to none) (Net Debt 30.6b / FCF TTM -214.0m)
 Total Stockholder Equity = 12.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.26% (Net Income 3.07b / Total Assets 60.6b)
RoE = 23.86% (Net Income TTM 3.07b / Total Stockholder Equity 12.9b)
RoCE = 13.05% (EBIT 5.35b / Capital Employed (Equity 12.9b + L.T.Debt 28.1b))
RoIC = 7.25% (NOPAT 4.10b / Invested Capital 56.5b)
WACC = 6.16% (E(87.9b)/V(119b) * Re(7.02%) + D(30.8b)/V(119b) * Rd(4.83%) * (1-Tc(0.23)))
Discount Rate = 7.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 34.51 | Cagr: 0.06%
 [DCF] Fair Price = unknown (Cash Flow -214.0m)
 EPS Correlation: 78.36 | EPS CAGR: 5.28% | SUE: -0.43 | # QB: 0
Revenue Correlation: 78.07 | Revenue CAGR: 4.88% | SUE: 1.83 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.52 | Chg30d=-5.27% | Revisions=+10% | Analysts=6
EPS current Year (2026-12-31): EPS=2.44 | Chg30d=+0.96% | Revisions=-8% | GrowthEPS=+16.2% | GrowthRev=+1.9%
EPS next Year (2027-12-31): EPS=2.57 | Chg30d=-0.20% | Revisions=-8% | GrowthEPS=+5.4% | GrowthRev=+13.1%
[Analyst] Revisions Ratio: -4% (up=12, down=13)