Which has the lower trailing P/E, ET or WMB?

ET has the lower trailing P/E: ET trades at 13.16 and WMB at 27.97. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ET or WMB?

Over the past five years, ET grew revenue faster — ET at a 14.94% CAGR versus WMB at 6.47%.

Does ET or WMB pay a bigger dividend?

ET yields 6.35% and WMB yields 2.91% based on trailing dividends and the latest price.

Is ET or WMB more profitable?

WMB runs the higher net margin — ET at 5.57% versus WMB at 25.18%.

How have ET and WMB total returns compared?

Over the past 10 years, ET delivered 10.40% and WMB delivered 15.62% annualized total return. Past performance doesn't predict future results.

Energy Transfer LP (ET) vs The Williams Companies, Inc. (WMB)

A side-by-side comparison of Energy Transfer LP and The Williams Companies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.

Energy Transfer LP

$72.92B

$21.19EnergyAt close: Aug 21, 2026, 4:00 PM ET

WMB

The Williams Companies, Inc.

$86.22B

$70.49EnergyAt close: Aug 21, 2026, 4:00 PM ET

Total return — ET vs WMB

growth of $100 · dividends reinvested · last 10y

ET +168.7% (+10.4%/yr)WMB +349.7% (+16.2%/yr)WMB compounded faster over this window

ET WMB

ET vs WMB: by the numbers

•WMB is the larger company ($86.22B vs $72.92B market cap).
•ET trades at the lower trailing earnings multiple (13.16 vs 27.97 P/E), one valuation lens rather than an overall verdict.
•WMB converts more revenue to profit (25.18% vs 5.57% net margin).
•ET grew revenue faster over the past five years (14.94% vs 6.47% CAGR).
•ET pays the higher dividend yield (6.35% vs 2.91%).

Metrics side by side

Valuation

Metric	ET	WMB
P/E ratio	13.16	27.97
Forward P/E	12.64	28.75
P/S ratio	0.70	7.07
P/B ratio	2.08	6.54
EV / EBITDA	8.49	16.65
FCF yield	7.11%	0.83%

Profitability

Metric	ET	WMB
Gross margin	24.11%	42.86%
Operating margin	10.60%	40.31%
Net margin	5.57%	25.18%
ROE	16.47%	23.30%
ROIC	8.16%	6.64%

Dividends

Metric	ET	WMB
Dividend yield	6.35%	2.91%
Payout ratio	98.90%	95.79%

Growth (annualized)

Metric	ET	WMB
Revenue CAGR (5Y)	14.94%	6.47%
EPS CAGR (5Y)	0.25%	65.97%
FCF CAGR (5Y)	11.51%	-21.34%
Total return CAGR (5Y)	28.39%	29.85%

Frequently asked

Which has the lower trailing P/E, ET or WMB?: ET has the lower trailing P/E: ET trades at 13.16 and WMB at 27.97. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ET or WMB?: Over the past five years, ET grew revenue faster — ET at a 14.94% CAGR versus WMB at 6.47%.
Does ET or WMB pay a bigger dividend?: ET yields 6.35% and WMB yields 2.91% based on trailing dividends and the latest price.
Is ET or WMB more profitable?: WMB runs the higher net margin — ET at 5.57% versus WMB at 25.18%.
How have ET and WMB total returns compared?: Over the past 10 years, ET delivered 10.40% and WMB delivered 15.62% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ET analysis Full WMB analysis Interactive comparison tool

Dig into the metrics

Energy Transfer LP P/E ratio Williams Companies P/E ratio Energy Transfer LP dividend yield Williams Companies dividend yield Energy Transfer LP ROE Williams Companies ROE Energy Transfer LP operating margin Williams Companies operating margin Energy Transfer LP revenue growth Williams Companies revenue growth Energy Transfer LP free cash flow Williams Companies free cash flow

Energy Transfer LP & Williams Companies appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 23, 2026.