WILLIAMS COMPANIES, INC. (WMB) closed fiscal year 2025 with a gross margin of 49.7 % and a net margin of 17.6 %.
WILLIAMS COMPANIES, INC. (WMB) closed fiscal year 2025 with a gross margin of 49.7 % and a net margin of 17.6 %. The same year shows an EBITDA margin of 43.9 % and an EBIT margin of 28.2 %. The free cash flow margin was 6.7 %. Against the previous year the gross margin moved +0.9 pp and the net margin −0.0 pp. Across the period the gross margin ranges between 30.9 % in 2022 and 56.7 % in 2023. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | 50.89 % | 50.39 % | 53.30 % | — | — | — | — | — | — | — | — | — | 30.94 % | 56.69 % | 48.81 % | 49.69 % |
| EBITDA margin (%) | 28.02 % | 32.32 % | 48.79 % | 43.90 % | 31.88 % | 31.63 % | 31.92 % | 35.94 % | 26.68 % | 32.70 % | 33.16 % | 28.70 % | 44.32 % | 50.82 % | 34.99 % | 28.28 % | 53.20 % | 44.00 % | 43.92 % |
| EBIT margin (%) | 17.45 % | 21.30 % | 20.95 % | 21.20 % | 23.54 % | 21.53 % | 20.04 % | 20.54 % | 3.07 % | 9.19 % | 11.54 % | 8.84 % | 23.42 % | 28.53 % | 20.58 % | 16.98 % | 35.94 % | 26.43 % | 28.16 % |
| Net margin (%) | 9.67 % | 11.93 % | 5.40 % | -16.53 % | 4.74 % | 11.47 % | 6.27 % | 27.68 % | -7.76 % | -5.65 % | 27.07 % | -1.78 % | 10.36 % | 2.73 % | 11.87 % | 11.53 % | 26.50 % | 17.61 % | 17.57 % |
| FCF margin (%) | -6.16 % | -0.33 % | 3.51 % | -2.06 % | 8.11 % | -9.27 % | -19.75 % | -25.09 % | -6.24 % | 28.06 % | 8.59 % | 0.43 % | 19.31 % | 29.24 % | 21.17 % | 14.83 % | 28.53 % | 19.01 % | 6.75 % |
