Company / Operating Margin
Williams Companies Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
35.1%
FY2025
5-year range
24.8% / 39.5%
FY2021-FY2025
Trend
+10.4%
vs FY2024
Sector context
#11 of 80
Energy
What the data says
Williams Companies's operating margin of 35.1% is higher than 86% of companies in the Energy sector (FY2025). Operating Margin has fluctuated over the past 10 years, ranging from 8.8% in FY2018 to 39.5% in FY2023.
Based on SEC 10-K filings.
35.1% in FY2025 with a 5-year CAGR of +6.6%. Top quartile in the Energy sector.
Declined from 39.5% to 35.1% over the past 2 years.
Energy sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +7.6pp
- 5-Year Change
- +6.6pp
- 10-Year Change
- -
Sector benchmark
Top 14% in EnergyTop 14% of 80This company 35.1% Sector average 15.5%
▼
+126.5% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 10.4% year-over-year.
- Currently 19.6pp above the Energy sector average.
- Peak operating margin was recorded in FY2023.
- Lowest operating margin in the period was in FY2018.
Company context
Key Data Points
- Altman Z-Score 0.33 (distress zone, below 1.8 threshold)
- Strong profit margin: 20.6%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 35.1% | +10.4% |
| FY2024 | 31.8% | -19.6% |
| FY2023 | 39.5% | +43.6% |
| FY2022 | 27.5% | +11.1% |
| FY2021 | 24.8% | -13.2% |
| FY2020 | 28.5% | +21.8% |
| FY2019 | 23.4% | +164.9% |
| FY2018 | 8.8% | -23.4% |
| FY2017 | 11.5% | +25.6% |
| FY2016 | 9.2% | +199.3% |
As of FY2025 · SEC 10-K · Updated Mar 18, 2026