What is the current annual operating margin of WMB?

As of today, WMB annual operating margin is 36.83%

What is 1-year change in WMB annual operating margin?

WMB annual operating margin is up +13.88% year-over-year

What is 3-year change in WMB annual operating margin?

WMB annual operating margin is up +25.66% over the past 3 years

How far is WMB annual operating margin from its all-time high?

WMB annual operating margin is currently at its all-time high

How does WMB annual operating margin rank versus sector peers?

WMB annual operating margin is higher than 87.14% of companies in Energy sector

When is WMB next annual earnings release?

The next annual earnings release for WMB is on February 9, 2027

What is the current quarterly operating margin of WMB?

As of today, WMB quarterly operating margin is 31.95%

What is WMB quarterly operating margin most recent change?

WMB quarterly operating margin was down -9.97% on September 30, 2026

What is 1-year change in WMB quarterly operating margin?

WMB quarterly operating margin is down -12.42% year-over-year

How far is WMB quarterly operating margin from its all-time high?

WMB quarterly operating margin is currently -26.09% below its historical high of 43.23% set on March 31, 2026

How does WMB quarterly operating margin rank versus sector peers?

WMB quarterly operating margin is higher than 68.00% of companies in Energy sector

When is WMB next earnings release?

The next earnings release for WMB is on February 9, 2027

WMB Operating Margin History & Chart Since 1980

Annual Operating Margin

36.83%4.49%+13.88%

December 31, 2025

Summary

Current Value: As of today, WMB annual operating margin is 36.83%, up +13.88% on December 31, 2025
Historical Performance: WMB annual operating margin is up +25.66% over the past 3 years, up +11.13% over the past 5 years
All-Time High Comparison: WMB annual operating margin is currently at its all-time high
3-Year Low Comparison: WMB annual operating margin is +25.66% above its 3-year low of 29.31% reached on an earlier date
Sector Comparison: WMB annual operating margin is higher than 87.14% of companies in Energy sector

Operating Margin Chart

beforeafter

Performance

WMB Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	36.83%	+13.9%	+25.7%	+11.1%	+109.7%
Quarterly Operating Margin	Sep 30, 26	31.95%	-12.4%	-1.9%	+139.9%	+77.2%
Price	Nov 6, 26	$64.08	+10.6%	+79.2%	+124.4%	+151.4%
PE Ratio	Nov 6, 26	25.21	-15.9%	+56.1%	-26.9%	+65.2%
Annual Revenue	Dec 31, 25	$11.83B	+10.0%	+4.2%	+53.3%	+23.6%
Annual Operating Profit	Dec 31, 25	$4.40B	+26.6%	+32.3%	+72.0%	+162.0%
Annual Gross Margin	Dec 31, 25	42.86%	+10.5%	+23.0%	+9.4%	+74.2%
Annual Net Margin	Dec 31, 25	23.16%	+6.1%	+24.2%	+801.2%	+342.0%

Operating Margin Highs

WMB Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	36.83%	Dec 31, 25	at high
5Y	36.83%	Dec 31, 25	at high
All	36.83%	Dec 31, 25	at high

Operating Margin Lows

WMB Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	29.31%	N/A	+25.7%
5Y	24.15%	Dec 31, 21	+52.5%
All	3.07%	Dec 1, 82	+1099.7%

Operating Margin History

Year	Value	Change
2025	36.83%	+13.9%
2024	32.34%	+0.3%
2023	32.23%	+10.0%
2022	29.31%	+21.4%
2021	24.15%	-27.1%
2020	33.14%	+14.2%
2019	29.02%	+23.8%
2018	23.45%	+3.8%
2017	22.59%	-1.4%
2016	22.90%	+10.8%
2015	20.66%	+19.0%
2014	17.36%	-13.7%
2013	20.11%	-8.0%
2012	21.85%	-8.4%
2011	23.85%	+35.8%
2010	17.56%	+52.3%
2009	11.53%	-41.9%
2008	19.83%	+13.4%
2007	17.49%	+60.3%
2006	10.91%	+32.1%
2005	8.26%	-14.4%
2004	9.65%	+39.9%
2003	6.90%	-63.9%

Year	Value	Change
2002	19.10%	-18.6%
2001	23.47%	+37.9%
2000	17.02%	+69.2%
1999	10.06%	-21.0%
1998	12.73%	-41.8%
1997	21.88%	-12.4%
1996	24.97%	+7.0%
1995	23.33%	+22.2%
1994	19.09%	+16.5%
1993	16.39%	+41.3%
1992	11.60%	-9.8%
1991	12.86%	-1.0%
1990	12.99%	-4.3%
1989	13.58%	+71.5%
1988	7.92%	-24.1%
1987	10.43%	-30.6%
1986	15.02%	+42.6%
1985	10.53%	-8.1%
1984	11.46%	+131.0%
1983	4.96%	+61.6%
1982	3.07%	-59.3%
1981	7.54%	-43.8%
1980	13.42%	-

FAQ

What is the current annual operating margin of WMB?: As of today, WMB annual operating margin is 36.83%
What is 1-year change in WMB annual operating margin?: WMB annual operating margin is up +13.88% year-over-year
What is 3-year change in WMB annual operating margin?: WMB annual operating margin is up +25.66% over the past 3 years
How far is WMB annual operating margin from its all-time high?: WMB annual operating margin is currently at its all-time high
How does WMB annual operating margin rank versus sector peers?: WMB annual operating margin is higher than 87.14% of companies in Energy sector
When is WMB next annual earnings release?: The next annual earnings release for WMB is on February 9, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

31.95%3.54%-9.97%

September 30, 2026

Summary

Current Value: As of today, WMB quarterly operating margin is 31.95%, down -9.97% on September 30, 2026
Historical Performance: WMB quarterly operating margin is down -12.42% year-over-year, down -1.93% over the past 3 years
All-Time High Comparison: WMB quarterly operating margin is currently -26.09% below its historical high of 43.23% set on March 31, 2026
3-Year Low Comparison: WMB quarterly operating margin is +63.93% above its 3-year low of 19.49% reached on September 30, 2024
Sector Comparison: WMB quarterly operating margin is higher than 68.00% of companies in Energy sector

Performance

WMB Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	31.95%	-10.0%	-12.4%	-1.9%	+139.9%
Annual Operating Margin	Dec 31, 25	36.83%	–	+13.9%	+25.7%	+11.1%
Price	Nov 6, 26	$64.08	-10.7%	+10.6%	+79.2%	+124.4%
PE Ratio	Nov 6, 26	25.21	-12.0%	-15.9%	+56.1%	-26.9%
Quarterly Revenue	Sep 30, 26	$3.22B	+8.8%	+12.3%	+27.1%	+31.2%
Quarterly Operating Profit	Sep 30, 26	$1.03B	-2.0%	-1.6%	+24.6%	+214.7%
Quarterly Gross Margin	Sep 30, 26	40.48%	-2.6%	-4.4%	+5.6%	+108.8%
Quarterly Net Margin	Sep 30, 26	23.81%	-19.6%	-0.0%	-11.9%	+237.7%

Quarterly Operating Margin Highs

WMB Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	43.23%	Mar 31, 26	-26.1%
3Y	43.23%	Mar 31, 26	-26.1%
5Y	43.23%	Mar 31, 26	-26.1%
All	43.23%	Mar 31, 26	-26.1%

Quarterly Operating Margin Lows

WMB Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	31.95%	Sep 30, 26	at low
3Y	19.49%	Sep 30, 24	+63.9%
5Y	13.32%	N/A	+139.9%
All	2.27%	Jun 30, 02	+1307.5%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	31.95%	-10.0%
Jun 2026	35.49%	-17.9%
Mar 2026	43.23%	+19.9%
Dec 2025	36.07%	-1.1%
Sep 2025	36.48%	+13.9%
Jun 2025	32.02%	-13.6%
Mar 2025	37.04%	+17.8%
Dec 2024	31.43%	+61.3%
Sep 2024	19.49%	-38.2%
Jun 2024	31.56%	-14.1%
Mar 2024	36.73%	+15.1%
Dec 2023	31.90%	-2.1%
Sep 2023	32.58%	+9.6%
Jun 2023	29.73%	-5.6%
Mar 2023	31.50%	-4.6%
Dec 2022	33.01%	+18.5%
Sep 2022	27.85%	+54.5%
Jun 2022	18.03%	-28.2%
Mar 2022	25.12%	-10.3%
Dec 2021	28.02%	+110.4%
Sep 2021	13.32%	-49.0%
Jun 2021	26.13%	-6.2%
Mar 2021	27.87%	-15.0%
Dec 2020	32.79%	-1.9%
Sep 2020	33.42%	-2.6%
Jun 2020	34.31%	+6.7%
Mar 2020	32.15%	+13.3%
Dec 2019	28.38%	-7.9%
Sep 2019	30.82%	+11.1%
Jun 2019	27.73%	-4.9%
Mar 2019	29.16%	+19.0%
Dec 2018	24.50%	+15.8%
Sep 2018	21.15%	-5.7%
Jun 2018	22.43%	-9.9%
Mar 2018	24.90%	+4.3%
Dec 2017	23.88%	+9.3%
Sep 2017	21.84%	+5.1%
Jun 2017	20.79%	-7.5%
Mar 2017	22.48%	-24.1%
Dec 2016	29.62%	+31.2%
Sep 2016	22.57%	+19.5%
Jun 2016	18.89%	+1.8%
Mar 2016	18.55%	-32.0%
Dec 2015	27.27%	+28.6%
Sep 2015	21.20%	+23.0%
Jun 2015	17.24%	+4.5%
Mar 2015	16.49%	-9.2%
Dec 2014	18.17%	+16.4%
Sep 2014	15.61%	-9.7%
Jun 2014	17.28%	-5.0%
Mar 2014	18.18%	-1.4%
Dec 2013	18.43%	-0.2%
Sep 2013	18.47%	-7.8%
Jun 2013	20.03%	-13.3%
Mar 2013	23.09%	+15.7%
Dec 2012	19.96%	-9.6%
Sep 2012	22.09%	+19.6%
Jun 2012	18.47%	-30.3%
Mar 2012	26.50%	+8.2%
Dec 2011	24.49%	+35.8%
Sep 2011	18.03%	-12.6%
Jun 2011	20.62%	+2.8%
Mar 2011	20.05%	+12.8%
Dec 2010	17.78%	+62.8%
Sep 2010	10.92%	-23.0%

Month	Value	Change
Jun 2010	14.18%	-22.6%
Mar 2010	18.31%	+24.2%
Dec 2009	14.74%	+26.0%
Sep 2009	11.70%	-55.7%
Jun 2009	26.41%	+62.2%
Mar 2009	16.28%	+46.1%
Dec 2008	11.14%	-47.8%
Sep 2008	21.33%	-4.6%
Jun 2008	22.36%	+3.6%
Mar 2008	21.58%	+14.3%
Dec 2007	18.88%	+10.0%
Sep 2007	17.16%	-3.1%
Jun 2007	17.71%	+51.9%
Mar 2007	11.66%	+1.7%
Dec 2006	11.47%	+11.6%
Sep 2006	10.28%	-15.9%
Jun 2006	12.23%	+24.5%
Mar 2006	9.82%	+21.5%
Dec 2005	8.08%	-1.1%
Sep 2005	8.17%	-3.9%
Jun 2005	8.50%	+1.8%
Mar 2005	8.35%	-16.3%
Dec 2004	9.98%	-17.1%
Sep 2004	12.04%	+32.3%
Jun 2004	9.10%	+8.5%
Mar 2004	8.39%	+45.4%
Dec 2003	5.77%	+12.7%
Sep 2003	5.12%	-57.8%
Jun 2003	12.12%	+84.5%
Mar 2003	6.57%	+88.3%
Sep 2002	3.49%	+53.7%
Jun 2002	2.27%	-92.3%
Mar 2002	29.60%	+72.8%
Dec 2001	17.13%	-31.5%
Sep 2001	25.02%	+13.8%
Jun 2001	21.99%	-12.9%
Mar 2001	25.26%	+26.7%
Dec 2000	19.94%	+82.4%
Sep 2000	10.93%	-34.1%
Jun 2000	16.58%	+50.6%
Mar 2000	11.01%	+2.5%
Dec 1999	10.74%	+17.2%
Sep 1999	9.16%	+0.1%
Jun 1999	9.15%	-18.3%
Mar 1999	11.20%	+7.1%
Dec 1998	10.46%	-15.6%
Sep 1998	12.39%	-12.7%
Jun 1998	14.20%	+2.7%
Mar 1998	13.82%	+14.3%
Dec 1997	12.09%	+1.0%
Sep 1997	11.97%	-18.0%
Jun 1997	14.60%	-25.9%
Mar 1997	19.71%	+70.4%
Dec 1996	11.57%	-46.8%
Sep 1996	21.76%	-21.5%
Mar 1996	27.73%	+68.1%
Dec 1995	16.50%	-20.0%
Sep 1995	20.63%	+0.5%
Jun 1995	20.53%	-20.4%
Mar 1995	25.79%	+56.6%
Dec 1994	16.47%	+9.1%
Sep 1994	15.09%	-22.3%
Jun 1994	19.43%	-0.5%
Mar 1994	19.53%	-

FAQ

What is the current quarterly operating margin of WMB?: As of today, WMB quarterly operating margin is 31.95%
What is WMB quarterly operating margin most recent change?: WMB quarterly operating margin was down -9.97% on September 30, 2026
What is 1-year change in WMB quarterly operating margin?: WMB quarterly operating margin is down -12.42% year-over-year
How far is WMB quarterly operating margin from its all-time high?: WMB quarterly operating margin is currently -26.09% below its historical high of 43.23% set on March 31, 2026
How does WMB quarterly operating margin rank versus sector peers?: WMB quarterly operating margin is higher than 68.00% of companies in Energy sector
When is WMB next earnings release?: The next earnings release for WMB is on February 9, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

WMB Official Website www.williams.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/107263/000119312525304001/0001193125-25-304001-index.htm
WMB Profile on Yahoo Finance finance.yahoo.com/quote/WMB
WMB Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/wmb