Williams Companies Inc (WMB)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | 39.53% | 38.87% | 35.80% | 32.32% | 27.52% | 25.53% | 22.50% | 24.16% | 24.76% | 23.38% | 28.00% | 29.82% | 28.53% | 24.80% | 24.42% | 22.22% | 23.42% | 12.69% | 10.76% | 9.69% |
| Pretax margin | 38.36% | 32.58% | 30.11% | 27.66% | 22.56% | 20.98% | 17.60% | 18.59% | 19.08% | 14.57% | 17.72% | 18.75% | 3.76% | 4.32% | 2.72% | 2.48% | 14.45% | 2.89% | 3.03% | 0.46% |
| 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% |
Williams Cos Inc has shown a consistent improvement in its profitability ratios over the past eight quarters. The gross profit margin has been steadily increasing from 63.92% in Q1 2022 to 82.73% in Q4 2023, indicating the company's ability to effectively control its production costs and generate higher revenues relative to its cost of goods sold.
The operating profit margin also demonstrates a positive trend, rising from 22.37% in Q2 2022 to 38.07% in Q4 2023. This shows that Williams Cos Inc has been able to efficiently manage its operating expenses and improve its operational efficiency to increase profitability.
Similarly, the pretax margin and net profit margin have both exhibited a consistent upward trajectory, reflecting the company's effective management of its pre-tax income and net income relative to total revenue. The pretax margin has increased from 17.94% in Q2 2022 to 40.39% in Q4 2023, while the net profit margin has risen from 13.93% in Q1 2022 to 29.12% in Q4 2023.
Overall, Williams Cos Inc's profitability ratios indicate a strong performance in terms of generating profits and managing costs, which bodes well for the company's financial health and potential for sustained growth in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.19% | 8.46% | 8.41% | 7.61% | 6.23% | 5.92% | 5.08% | 5.53% | 5.53% | 4.81% | 5.49% | 5.55% | 4.99% | 4.33% | 4.20% | 4.01% | 4.17% | 2.28% | 1.99% | 1.82% |
| Return on assets (ROA) | 6.04% | 5.34% | 5.42% | 5.30% | 4.23% | 4.11% | 3.30% | 3.19% | 3.19% | 2.20% | 2.54% | 2.55% | 0.48% | 0.49% | 0.29% | 0.31% | 1.85% | 0.33% | 0.14% | -0.24% |
| Return on total capital | 14.22% | 13.44% | 12.88% | 12.00% | 10.64% | 10.60% | 9.30% | 8.79% | 8.18% | 7.61% | 7.04% | 7.14% | 3.77% | 3.98% | 3.97% | 3.97% | 6.13% | 3.66% | 3.92% | 3.02% |
| Return on equity (ROE) | 25.63% | 22.88% | 22.74% | 22.03% | 17.84% | 17.69% | 13.96% | 13.00% | 13.28% | 9.03% | 10.03% | 9.86% | 1.79% | 1.82% | 1.07% | 1.12% | 6.36% | 1.14% | 0.45% | -0.78% |
Williams Cos Inc has shown steady improvement in its profitability ratios over the past eight quarters. The company's Operating ROA has consistently increased from 5.06% in Q1 2022 to 8.13% in Q3 2023, indicating efficient utilization of assets to generate operating income. Similarly, ROA has also shown a positive trend, with an increase from 3.19% in Q1 2022 to 6.03% in Q4 2023, reflecting improved profitability relative to total assets.
The Return on Total Capital has also exhibited a positive trajectory, climbing from 8.97% in Q2 2022 to 13.23% in Q2 2023. This indicates the company's ability to generate returns from the total capital employed in its operations. Furthermore, ROE has shown substantial growth, increasing from 12.97% in Q1 2022 to 25.61% in Q4 2023, signaling enhanced profitability for shareholders.
Overall, Williams Cos Inc's profitability ratios demonstrate a consistent upward trend, reflecting effective management of assets, capital, and equity to generate profits.