Williams Companies Inc (WMB)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,865,000 | 4,184,000 | 2,474,000 | 2,028,000 | 290,000 |
| Revenue | US$ in thousands | 10,503,000 | 10,907,000 | 10,965,000 | 10,627,000 | 7,719,000 |
| Pretax margin | 27.28% | 38.36% | 22.56% | 19.08% | 3.76% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,865,000K ÷ $10,503,000K
= 27.28%
The pretax margin of Williams Companies Inc has shown a positive trend over the past five years, indicating an increasing efficiency in managing its operating expenses relative to its revenue. From a relatively low 3.76% in December 31, 2020, the pretax margin has steadily improved to 19.08% in December 31, 2021, further increasing to 22.56% in December 31, 2022. A significant surge was observed in December 31, 2023, reaching 38.36%, showcasing a strong performance in generating profits before taxes. However, there was a slight decline in the pretax margin to 27.28% by December 31, 2024, which may warrant further investigation to understand the factors contributing to this change. Overall, the company has demonstrated a positive trajectory in terms of pretax margin, reflecting improved operational efficiency and profitability over the years.
Peer comparison
Dec 31, 2024