The Williams Companies, Inc. (WMB) Return on Invested Capital (ROIC): 6.16%
Is The Williams Companies, Inc.’s return on invested capital (ROIC) high or low?
The Williams Companies, Inc.'s return on invested capital (ROIC) of 6.16% is 17% above its 5-year average of 5.28%, near the high end of its 5-year range (3.68%–6.67%).
As of Tuesday, June 16, 2026. 9.41% above its 12-month average of 5.63%.
WMB Return on Invested Capital (ROIC) Chart
WMB Average Return on Invested Capital (ROIC) Chart
WMB Current vs Average Return on Invested Capital (ROIC) Chart
WMB Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
6.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
3.90%
CURRENT VS TTM AVG
+9.41%
CURRENT VS 3Y AVG
+4.54%
CURRENT VS 5Y AVG
+16.63%
CURRENT VS 10Y AVG
+71.07%
CURRENT VS 15Y AVG
+69.45%
CURRENT VS 20Y AVG
+57.83%
WMB Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Williams Companies, Inc. (WMB) | $87.43B | 6.16% | 5.63% | 5.89% | 5.28% |
| Canadian Natural Resources Limited (CNQ)vs › | $91.79B | 7.95% | 12.09% | 13.42% | 10.69% |
| SLB N.V. (SLB)vs › | $79.75B | 10.34% | 12.04% | 11.73% | 9.77% |
| Valero Energy Corporation (VLO)vs › | $73.39B | 7.12% | 6.89% | 15.02% | 10.37% |
| Marathon Petroleum Corporation (MPC)vs › | $72.84B | 7.03% | 7.14% | 12.45% | 6.94% |
| EOG Resources, Inc. (EOG)vs › | $70.30B | 58.12% | 36.44% | 28.12% | 20.84% |
| Phillips 66 (PSX)vs › | $68.78B | 4.75% | 3.97% | 7.78% | 5.11% |
| ONEOK, Inc. (OKE)vs › | $55.10B | 8.62% | 7.46% | 8.21% | 8.27% |
| Occidental Petroleum Corporation (OXY)vs › | $53.16B | 3.15% | 4.32% | 8.73% | 6.32% |
| Cameco Corporation (CCJ)vs › | $46.61B | 4.77% | 4.28% | 2.75% | 1.34% |
Capital Efficiency
ROIC
6.2%
ROE
21.9%
The Williams Companies, Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Williams Companies, Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for The Williams Companies, Inc. (WMB)?
- The return on invested capital (ROIC) for WMB stock is 6.16%.
- Is The Williams Companies, Inc.'s return on invested capital (ROIC) high or low?
- The Williams Companies, Inc.'s return on invested capital (ROIC) of 6.16% is 17% above its 5-year average of 5.28%, near the high end of its 5-year range (3.68%–6.67%).
- What is the TTM average return on invested capital (ROIC) for The Williams Companies, Inc. (WMB)?
- The TTM average return on invested capital (ROIC) for WMB stock is 5.63%.
- What is the 3Y average return on invested capital (ROIC) for The Williams Companies, Inc. (WMB)?
- The 3Y average return on invested capital (ROIC) for WMB stock is 5.89%.
- What is the 5Y average return on invested capital (ROIC) for The Williams Companies, Inc. (WMB)?
- The 5Y average return on invested capital (ROIC) for WMB stock is 5.28%.
- What is the 10Y average return on invested capital (ROIC) for The Williams Companies, Inc. (WMB)?
- The 10Y average return on invested capital (ROIC) for WMB stock is 3.60%.
- What is the 15Y average return on invested capital (ROIC) for The Williams Companies, Inc. (WMB)?
- The 15Y average return on invested capital (ROIC) for WMB stock is 3.64%.
- What is the 20Y average return on invested capital (ROIC) for The Williams Companies, Inc. (WMB)?
- The 20Y average return on invested capital (ROIC) for WMB stock is 3.90%.
The Williams Companies, Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 6.16% |
| 2024-12-31 | 5.10% |
| 2023-12-31 | 6.67% |
| 2022-12-31 | 5.64% |
| 2021-12-31 | 4.44% |
| 2020-12-31 | 3.68% |
| 2019-12-31 | 2.98% |
| 2018-12-31 | 1.03% |
| 2017-12-31 | 2.10% |
| 2016-12-31 | 1.44% |
| 2015-12-31 | 0.37% |
| 2014-12-31 | 2.09% |
| 2013-12-31 | 3.41% |
| 2012-12-31 | 5.10% |
| 2011-12-31 | 11.03% |
| 2010-12-31 | 4.32% |
| 2009-12-31 | 3.05% |
| 2008-12-31 | 7.64% |
| 2007-12-31 | 5.55% |
| 2006-12-31 | 3.21% |
| 2005-12-31 | 4.08% |
| 2004-12-31 | 2.68% |
| 2003-12-31 | 4.81% |
| 2002-12-31 | 2.13% |
| 2001-12-31 | 4.06% |
| 2000-12-31 | 4.49% |
| 1999-12-31 | 3.26% |
| 1998-12-31 | 3.36% |
| 1997-12-31 | 6.58% |
| 1996-12-31 | 6.90% |
Related Metrics
About The Williams Companies, Inc.
The Williams Companies, Inc., alongside its subsidiaries, operates as a prominent energy infrastructure entity, primarily conducting business throughout the United States. The company’s operations are organized into four key segments: Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services. The Transmission & Gulf of Mexico division manages crucial natural gas pipelines such as Transco and Northwest, in addition to natural gas gathering and processing, and crude oil production handling and transportation assets situated in the Gulf Coast. This segment also oversees various petrochemical and feedstock pipelines. Focusing on midstream activities, the Northeast G&P segment handles gathering, processing, and fractionation within the Marcellus Shale region, predominantly in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment delivers gas gathering, processing, and treating services across the Rocky Mountain areas of Colorado and Wyoming, the Barnett Shale in north-central Texas, the Eagle Ford Shale in South Texas, the Haynesville Shale in northwest Louisiana, and the expansive Mid-Continent region (including the Anadarko, Arkoma, and Permian basins). This segment also operates natural gas liquid (NGL) fractionation and storage facilities located near Conway in central Kansas. The Gas & NGL Marketing Services segment provides comprehensive wholesale marketing, trading, storage, and transportation of natural gas to utilities, municipalities, power generators, and producers, while also offering risk and asset management and NGL marketing services. The company possesses and operates an extensive network, including 30,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and an approximate NGL storage capacity of 23 million barrels. The Williams Companies, Inc. was established in 1908 and maintains its headquarters in Tulsa, Oklahoma.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- CEO
- Chad J. Zamarin