Williams Companies Inc (WMB)

Gross profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	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	6,734,000	7,194,000	7,464,000	6,941,000
Revenue (ttm)	US$ in thousands	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	8,201,000	8,298,000	8,602,000	8,652,000
Gross profit margin		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%	82.11%	86.70%	86.77%	80.22%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $10,120,000K ÷ $10,907,000K
= 92.78%

The gross profit margin of Williams Cos Inc has shown a consistent upward trend from Q1 2022 to Q4 2023. The company's gross profit margin increased from 63.92% in Q1 2022 to 82.73% in Q4 2023, indicating a strong improvement in profitability over the period. This suggests that Williams Cos Inc has been effectively managing its production costs and generating more revenue from its core operations. The steady increase in gross profit margin reflects positively on the company's operational efficiency and ability to generate profits from its primary business activities.

Peer comparison

Dec 31, 2023

Company name

Symbol

Gross profit margin

Williams Companies Inc

WMB

92.78%

Antero Midstream Partners LP