Williams Companies Inc (WMB)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,179,000 | 2,710,000 | 2,656,000 | 2,596,000 | 2,049,000 | 2,002,000 | 1,567,000 | 1,471,000 | 1,517,000 | 1,011,000 | 1,155,000 | 1,154,000 | 211,000 | 219,000 | 131,000 | 138,000 | 850,000 | 155,000 | 63,000 | -112,000 |
| 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 |
| Net profit margin | 29.15% | 24.52% | 23.07% | 22.53% | 18.69% | 17.73% | 14.58% | 13.96% | 14.27% | 10.68% | 12.95% | 13.71% | 2.73% | 2.83% | 1.68% | 1.71% | 10.36% | 1.87% | 0.73% | -1.29% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,179,000K ÷ $10,907,000K
= 29.15%
The net profit margin of Williams Cos Inc has shown a positive trend over the past eight quarters. The net profit margin has gradually increased from 13.93% in Q1 2022 to 29.12% in Q4 2023, indicating an improvement in the company's profitability. This upward trend suggests that Williams Cos Inc has been able to effectively control its expenses and generate higher levels of net income relative to its revenue over the specified period. The company's focus on cost management and operational efficiency appears to have positively impacted its bottom line performance. Overall, the consistent growth in the net profit margin reflects positively on Williams Cos Inc's financial health and management effectiveness.
Peer comparison
Dec 31, 2023