Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 42.86% is 20% below its 5-year average of 53.29%, near the low end of its 5-year range (37.05%–83.89%).
35.88% below its 12-month average of 66.84%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 83.33%.
GROSS MARGIN
42.86%
GROSS MARGIN AVG TTM
66.84%
GROSS MARGIN AVG 3Y
59.92%
GROSS MARGIN AVG 5Y
53.29%
GROSS MARGIN AVG 10Y
52.57%
GROSS MARGIN AVG 15Y
50.09%
GROSS MARGIN AVG 20Y
42.83%
CURRENT VS TTM AVG
-35.88%
CURRENT VS 3Y AVG
-28.47%
CURRENT VS 5Y AVG
-19.57%
CURRENT VS 10Y AVG
-18.46%
CURRENT VS 15Y AVG
-14.43%
CURRENT VS 20Y AVG
+0.06%
SECTOR MEDIAN · ENERGY
30.57%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+40.20%
vs the sector median at left
The Williams Companies, Inc.
Market Cap
$88.01B
Gross Margin
42.86%
TTM Avg
66.84%
3Y Avg
59.92%
5Y Avg
53.29%
Market Cap
$83.73B
Gross Margin
13.25%
TTM Avg
13.23%
3Y Avg
12.88%
5Y Avg
14.52%
Market Cap
$79.12B
Gross Margin
70.20%
TTM Avg
71.91%
3Y Avg
76.49%
5Y Avg
71.49%
Market Cap
$104.95B
Gross Margin
21.29%
TTM Avg
35.30%
3Y Avg
33.06%
5Y Avg
27.47%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Williams Companies, Inc. (WMB) | $88.01B | 42.86% | 66.84% | 59.92% | 53.29% |
| Enterprise Products Partners L.P. (EPD)vs › | $83.73B | 13.25% | 13.23% | 12.88% | 14.52% |
| Suncor Energy Inc. (SU)vs › | $81.14B | 54.01% | 58.87% | 59.64% | 59.36% |
| Eni S.p.A. (E)vs › | $80.26B | 9.89% | 11.21% | 14.28% | 13.96% |
| Slb N.V. (SLB)vs › | $79.13B | 16.53% | 19.38% | 19.24% | 17.32% |
| EOG Resources, Inc. (EOG)vs › | $79.12B | 70.20% | 71.91% | 76.49% | 71.49% |
| Energy Transfer LP (ET)vs › | $73.95B | 24.11% | 20.38% | 18.28% | 19.90% |
| Phillips 66 (PSX)vs › | $103.06B | 9.78% | 4.16% | 5.87% | 4.46% |
| Canadian Natural Resources Limited (CNQ)vs › | $104.95B | 21.29% | 35.30% | 33.06% | 27.47% |
| Kinder Morgan, Inc. (KMI)vs › | $68.94B | 43.66% | 40.16% | 35.59% | 35.99% |
Gross Margin
42.9%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 83.33% |
| 2026-03-31 | 82.08% |
| 2025-12-31 | 46.84% |
| 2025-09-30 | 83.89% |
| 2025-06-30 | 38.09% |
| 2025-03-31 | 59.71% |
| 2024-12-31 | 56.73% |
| 2024-09-30 | 58.91% |
| 2024-06-30 | 58.01% |
| 2024-03-31 | 61.06% |
| 2023-12-31 | 64.91% |
| 2023-09-30 | 59.52% |
| 2023-06-30 | 60.53% |
| 2023-03-31 | 63.88% |
| 2022-12-31 | 58.60% |
| 2022-09-30 | 49.72% |
| 2022-06-30 | 43.65% |
| 2022-03-31 | 47.27% |
| 2021-12-31 | 46.36% |
| 2021-09-30 | 37.05% |
| 2021-06-30 | 48.40% |
| 2021-03-31 | 46.75% |
| 2020-12-31 | 54.45% |
| 2020-09-30 | 57.22% |
| 2020-06-30 | 59.80% |
| 2020-03-31 | 56.19% |
| 2019-12-31 | 53.49% |
| 2019-09-30 | 55.58% |
| 2019-06-30 | 54.39% |
| 2019-03-31 | 52.24% |
| 2018-12-31 | 47.87% |
| 2018-09-30 | 45.94% |
| 2018-06-30 | 47.58% |
| 2018-03-31 | 48.32% |
| 2017-12-31 | 50.27% |
| 2017-09-30 | 50.45% |
| 2017-06-30 | 49.58% |
| 2017-03-31 | 48.64% |
| 2016-12-31 | 55.32% |
| 2016-09-30 | 52.97% |
| 2016-06-30 | 51.21% |
| 2016-03-31 | 54.04% |
| 2015-12-31 | 57.73% |
| 2015-09-30 | 52.31% |
| 2015-06-30 | 49.86% |
| 2015-03-31 | 48.19% |
| 2014-12-31 | 48.86% |
| 2014-09-30 | 43.16% |
| 2014-06-30 | 44.10% |
| 2014-03-31 | 43.80% |
| 2013-12-31 | 43.67% |
| 2013-09-30 | 43.50% |
| 2013-06-30 | 43.46% |
| 2013-03-31 | 45.25% |
| 2012-12-31 | 82.61% |
| 2012-09-30 | 44.81% |
| 2012-06-30 | 41.44% |
| 2012-03-31 | 44.28% |
| 2011-12-31 | -1788.24% |
| 2011-09-30 | 29.41% |
| 2011-06-30 | 29.54% |
| 2011-03-31 | 30.04% |
| 2010-12-31 | 26.24% |
| 2010-09-30 | 24.00% |
| 2010-06-30 | 24.99% |
| 2010-03-31 | 26.01% |
| 2009-12-31 | 26.57% |
| 2009-09-30 | 26.74% |
| 2009-06-30 | 27.08% |
| 2009-03-31 | 24.87% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 26.77% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 26.56% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.00% |
