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The Williams Companies Inc WMB

The Williams Companies Inc scores average on business quality (4.8 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$72.67Oct 10, 2026
Business qualityAverage
Next earningsNov 2, 2026, before the open
Insiders, 90 daysSelling

Why it matters

  1. What The Williams Companies Inc does

    The Williams Companies transports natural gas through an extensive network of pipelines, earning fees from producers and utilities for moving energy across the United States.

  2. What it does best

    Williams dominates natural gas transmission with a gross margin of 82.4%, outperforming peers like Kinder Morgan at 49.4%. This edge relies on irreplaceable pipeline networks that face steep regulatory and capital barriers to entry.

  3. The main risk

    Heavy debt loads and rising interest costs threaten distributions when Treasury yields climb, as seen with total debt reaching $29.4 billion against cash of $63 million.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityFair

Operating margin stands at 38.3% while free cash flow margin drops to -1.4%, reflecting heavy capital investments that currently outweigh near-term cash generation.

MoatFair

Physical pipeline assets lock in long-term producer contracts, earning an operating margin ranking in the sector's top quartile at 81% that rivals cannot easily duplicate.

GrowthSteady

Revenue grew 13.8% to reach $12.2 billion, accelerating past historical single-digit ranges as pipeline volume demands scale up.

Financial healthWeak

Debt-to-equity sits at 2.3 while interest coverage is just 3.1x, and free cash flow turned negative at -$174 million due to $6.2 billion in capex, making the balance sheet softer.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

1 sold $973K outside pre-planned sales.

Our sealed record on WMB

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is WMB a good business?

The Williams Companies Inc scores average on the Cluenex quality check (4.8 of 10), measured against its own industry. Profitability is fair, moat fair, growth steady and financial health weak.

Are insiders buying WMB?

In the last 90 days of SEC Form 4 filings: 1 sold $973K outside pre-planned sales.

When does WMB report earnings?

Nov 2, 2026, before the open.

For members

See WMB today

  • Today's verdict on WMB, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “The Williams Companies Inc (WMB)”, https://cluenex.com/stocks/wmb/, data as of Oct 10, 2026.