Financials Williams Companies

Equities

WMB

US9694571004

Oil & Gas Transportation Services

Market Closed - Nyse 04:00:01 2024-04-18 pm EDT 5-day change 1st Jan Change
37.58 USD -0.27% Intraday chart for Williams Companies -2.64% +7.90%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 28,750 24,332 31,639 40,083 42,371 45,788 - -
Enterprise Value (EV) 1 50,749 46,534 53,634 62,835 66,659 71,682 71,734 71,151
P/E ratio 33.4 x 118 x 21 x 19.7 x 13.4 x 20.8 x 18.1 x 16.2 x
Yield 6.41% 7.98% 6.3% 5.17% - 5.07% 5.34% 5.72%
Capitalization / Revenue 3.51 x 3.15 x 2.98 x 3.66 x 3.88 x 4.47 x 4.06 x 3.62 x
EV / Revenue 6.19 x 6.03 x 5.05 x 5.73 x 6.11 x 7 x 6.36 x 5.63 x
EV / EBITDA 10.1 x 9.12 x 9.52 x 9.79 x 9.83 x 10.3 x 9.63 x 9.1 x
EV / FCF 41.7 x 21 x 19.8 x 23.8 x 19.5 x 28.2 x 23.8 x 20.1 x
FCF Yield 2.4% 4.77% 5.05% 4.2% 5.13% 3.55% 4.2% 4.97%
Price to Book 2.15 x 2.07 x 2.78 x 3.49 x 3.43 x 3.72 x 3.69 x 3.8 x
Nbr of stocks (in thousands) 1,212,049 1,213,586 1,215,030 1,218,340 1,216,499 1,218,425 - -
Reference price 2 23.72 20.05 26.04 32.90 34.83 37.58 37.58 37.58
Announcement Date 2/19/20 2/22/21 2/21/22 2/20/23 2/14/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,201 7,719 10,627 10,965 10,907 10,237 11,277 12,634
EBITDA 1 5,015 5,105 5,635 6,418 6,779 6,949 7,448 7,816
EBIT 1 1,921 2,202 2,631 3,018 4,311 3,636 4,026 4,352
Operating Margin 23.42% 28.53% 24.76% 27.52% 39.53% 35.52% 35.7% 34.45%
Earnings before Tax (EBT) 1 1,064 277 2,073 2,542 4,405 3,098 3,501 3,663
Net income 1 862 208 1,514 2,046 3,176 2,214 2,531 2,924
Net margin 10.51% 2.69% 14.25% 18.66% 29.12% 21.63% 22.45% 23.14%
EPS 2 0.7100 0.1700 1.240 1.670 2.600 1.807 2.077 2.324
Free Cash Flow 1 1,217 2,221 2,706 2,636 3,422 2,546 3,014 3,538
FCF margin 14.84% 28.77% 25.46% 24.04% 31.37% 24.87% 26.73% 28.01%
FCF Conversion (EBITDA) 24.27% 43.51% 48.02% 41.07% 50.48% 36.64% 40.47% 45.27%
FCF Conversion (Net income) 141.18% 1,067.79% 178.73% 128.84% 107.75% 115.01% 119.08% 121.03%
Dividend per Share 2 1.520 1.600 1.640 1.700 - 1.905 2.006 2.151
Announcement Date 2/19/20 2/22/21 2/21/22 2/20/23 2/14/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 2,475 3,257 2,524 2,490 3,021 2,930 3,081 2,483 2,559 2,784 2,693 2,488 2,535 2,666 3,009
EBITDA 1 1,420 1,483 1,511 1,415 1,637 1,774 1,795 1,611 1,652 1,721 1,762 1,688 1,721 1,794 1,851
EBIT 1 355 937 654 472 820 1,072 1,360 870 994 1,087 996.2 901.4 916 961.4 919
Operating Margin 14.34% 28.77% 25.91% 18.96% 27.14% 36.59% 44.14% 35.04% 38.84% 39.04% 37% 36.23% 36.13% 36.07% 30.55%
Earnings before Tax (EBT) 1 226 830 510 362 717 953 1,241 756 861 1,547 781.4 700.2 761.2 818.6 882.3
Net income 1 164 621 379 400 599 668 926 460 653 1,146 577.8 501.2 554.5 594.4 636.7
Net margin 6.63% 19.07% 15.02% 16.06% 19.83% 22.8% 30.06% 18.53% 25.52% 41.16% 21.46% 20.14% 21.87% 22.3% 21.16%
EPS 2 0.1300 0.5100 0.3100 0.3300 0.4900 0.5500 0.7600 0.3800 0.5400 0.9400 0.4932 0.4083 0.4303 0.4812 0.5724
Dividend per Share 2 0.4100 0.4100 0.4250 0.4250 0.4250 0.4250 0.4475 0.4475 - - 0.4759 0.4759 0.4759 0.4796 0.5007
Announcement Date 11/1/21 2/21/22 5/2/22 8/1/22 10/31/22 2/20/23 5/3/23 8/2/23 11/1/23 2/14/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 21,999 22,202 21,995 22,752 24,288 25,893 25,946 25,363
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.387 x 4.349 x 3.903 x 3.545 x 3.583 x 3.721 x 3.481 x 3.245 x
Free Cash Flow 1 1,217 2,221 2,706 2,636 3,422 2,546 3,014 3,539
ROE (net income / shareholders' equity) 6.15% 1.66% 14.3% 17.9% 26.6% 17.8% 20.2% 22%
ROA (Net income/ Total Assets) 1.85% 2.96% 3.61% 4.27% 6.29% 2.8% 3.05% 5.5%
Assets 1 46,480 7,039 41,903 47,953 50,493 79,069 82,990 53,157
Book Value Per Share 2 11.00 9.690 9.380 9.430 10.20 10.10 10.20 9.880
Cash Flow per Share 2 3.040 2.880 3.240 4.000 4.950 4.350 4.570 5.130
Capex 1 2,109 1,239 1,239 2,253 2,633 2,719 2,630 2,225
Capex / Sales 25.72% 16.05% 11.66% 20.55% 24.14% 26.56% 23.32% 17.61%
Announcement Date 2/19/20 2/22/21 2/21/22 2/20/23 2/14/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
37.58 USD
Average target price
39.25 USD
Spread / Average Target
+4.46%
Consensus
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  3. WMB Stock
  4. Financials Williams Companies