Williams Companies Inc (WMB)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 9,671,000 | 9,739,000 | 9,669,000 | 9,814,000 | 10,120,000 | 10,218,000 | 10,599,000 | 10,612,000 | 10,095,000 | 10,509,000 | 10,038,000 | 9,877,000 | 9,996,000 | 8,460,000 | 7,956,000 | 7,441,000 | 5,627,000 | 5,389,000 | 5,429,000 | 5,557,000 |
| Revenue (ttm) | US$ in thousands | 10,503,000 | 10,544,000 | 10,450,000 | 10,597,000 | 10,907,000 | 11,053,000 | 11,515,000 | 11,522,000 | 10,965,000 | 11,292,000 | 10,746,000 | 10,539,000 | 10,627,000 | 9,462,000 | 8,920,000 | 8,418,000 | 7,719,000 | 7,734,000 | 7,800,000 | 8,060,000 |
| Gross profit margin | 92.08% | 92.37% | 92.53% | 92.61% | 92.78% | 92.45% | 92.05% | 92.10% | 92.07% | 93.07% | 93.41% | 93.72% | 94.06% | 89.41% | 89.19% | 88.39% | 72.90% | 69.68% | 69.60% | 68.95% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $9,671,000K ÷ $10,503,000K
= 92.08%
Williams Companies Inc has shown a consistent and overall strong performance in its gross profit margin over the past few years. The gross profit margin has been steadily increasing from around 69% in 2020 to approximately 92% by the end of 2024. This upward trend indicates an improvement in the company's ability to generate profits from its core operations after accounting for the cost of goods sold.
The steady increase in the gross profit margin reflects positively on Williams Companies Inc's pricing strategy, operational efficiency, and cost management practices. It also suggests that the company has been successful in increasing revenue while effectively controlling its production and cost of sales.
However, it is worth noting that the gross profit margin slightly declined towards the end of 2024, potentially indicating some challenges or changes in the company's cost structure or revenue streams during that period. Overall, Williams Companies Inc's gross profit margin performance demonstrates a strong financial foundation and effective management of its operational financial metrics.
Peer comparison
Dec 31, 2024