Williams Companies Inc (WMB)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,225,000 | 3,179,000 | 2,049,000 | 1,517,000 | 211,000 |
| Revenue | US$ in thousands | 10,503,000 | 10,907,000 | 10,965,000 | 10,627,000 | 7,719,000 |
| Net profit margin | 21.18% | 29.15% | 18.69% | 14.27% | 2.73% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,225,000K ÷ $10,503,000K
= 21.18%
The net profit margin of Williams Companies Inc has shown a positive trend over the past five years, increasing from 2.73% in December 31, 2020, to 21.18% in December 31, 2024. This indicates that the company has been able to improve its ability to convert revenue into profit over the period.
The significant increase in net profit margin from 2020 to 2024 suggests that Williams Companies Inc has effectively managed its expenses, increased operational efficiency, or implemented strategies to enhance profitability. However, the dip in net profit margin in 2023 compared to the previous year should be further analyzed to understand the factors influencing this change and ensure sustainability of the upward trend in profitability.
Overall, the consistent improvement in net profit margin reflects positively on Williams Companies Inc's financial performance and indicates potential strength in its operations and management strategies.
Peer comparison
Dec 31, 2024