Williams Companies Inc (WMB)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 9,667,000 | 10,115,000 | 10,083,000 | 9,996,000 | 5,627,000 |
| Revenue | US$ in thousands | 10,503,000 | 10,907,000 | 10,965,000 | 10,627,000 | 7,719,000 |
| Gross profit margin | 92.04% | 92.74% | 91.96% | 94.06% | 72.90% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $9,667,000K ÷ $10,503,000K
= 92.04%
Williams Companies Inc has shown a consistently strong gross profit margin trend over the years based on the provided data. Starting at 72.90% on December 31, 2020, the gross profit margin increased significantly to 94.06% by December 31, 2021. While there was a slight decrease in the following year, with a gross profit margin of 91.96%, the company managed to maintain a high margin above 90%. Subsequently, the gross profit margin continued to remain robust, reaching 92.74% by the end of December 31, 2023. As of December 31, 2024, the margin stood at 92.04%, indicating stable profitability in the company's operations. Overall, Williams Companies Inc has demonstrated a strong ability to generate profits relative to its cost of goods sold over the years, reflecting efficiency and effective cost management within its business operations.
Peer comparison
Dec 31, 2024