Williams Companies (WMB) valuation
Williams Companies P/E ratio history
Williams Companies trades at 29.6 times its earnings over the last twelve months and 29.5 times the earnings analysts expect over the next twelve. At its last 8 fiscal year ends its P/E ranged from 11.6 (year to Dec 2017) to 117.9 (year to Dec 2020), with a median of 24.5.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $60.11 | $2.14 | 28.1 | 26.3 |
| Dec 31, 2024 | $54.12 | $1.82 | 29.7 | 26.3 |
| Dec 31, 2023 | $34.83 | $2.60 | 13.4 | 18.9 |
| Dec 31, 2022 | $32.90 | $1.67 | 19.7 | 19.1 |
| Dec 31, 2021 | $26.04 | $1.24 | 21.0 | 20.5 |
| Dec 31, 2020 | $20.05 | $0.17 | 117.9 | — |
| Dec 31, 2019 | $23.72 | $0.70 | 33.9 | — |
| Dec 31, 2018 | $22.05 | -$0.16 | n/m | — |
| Dec 31, 2017 | $30.49 | $2.62 | 11.6 | — |
| Dec 31, 2016 | $31.14 | -$0.57 | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Williams Companies valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Williams CompaniesWMB | $90.9B | 29.6 | 29.5 | 7.5 |
| Kinder MorganKMI | $75.4B | 20.9 | 21.9 | 4.1 |
| Targa ResourcesTRGP | $67.6B | 30.1 | 26.7 | 4.0 |
| OneokOKE | $61.2B | 15.1 | 15.7 | 1.4 |
| Peer median | 20.9 | 21.9 | 4.0 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: WMB financials · WMB returns
No forecast, no recommendation. This page describes Williams Companies from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.