Williams Companies annual debt-to-equity ratio
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2025
Williams Companies Debt-to-Equity Ratio Growth & History (WMB)
Williams Companies's debt-to-equity ratio was 2.25 for fiscal 2025.
View full Williams Companies company overviewWilliams Companies annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.25 | 0.11 | +5.20% |
| 2024 | 2024-12-31 | 2.14 | 0.05 | +2.57% |
| 2023 | 2023-12-31 | 2.09 | 0.11 | +5.47% |
| 2022 | 2022-12-31 | 1.98 | −0.11 | −5.18% |
| 2021 | 2021-12-31 | 2.09 | 0.17 | +9.00% |
| 2020 | 2020-12-31 | 1.91 | 0.23 | +13.73% |
| 2019 | 2019-12-31 | 1.68 | 0.15 | +10.11% |
| 2018 | 2018-12-31 | 1.53 | −0.64 | −29.48% |
| 2017 | 2017-12-31 | 2.17 | −2.87 | −57.00% |
| 2016 | 2016-12-31 | 5.04 | 1.14 | +29.22% |
| 2015 | 2015-12-31 | 3.90 | 1.53 | +64.77% |
| 2014 | 2014-12-31 | 2.37 | 0.03 | +1.44% |
| 2013 | 2013-12-31 | 2.33 | 0.08 | +3.32% |
| 2012 | 2012-12-31 | 2.26 | −4.47 | −66.43% |
| 2011 | 2011-12-31 | 6.73 | 5.39 | +402.68% |
| 2010 | 2010-12-31 | 1.34 | 0.36 | +36.93% |
| 2009 | 2009-12-31 | 0.98 | 0.07 | +7.41% |
| 2008 | 2008-12-31 | 0.91 | — | — |
Williams Companies quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.17 | 0.11 | +5.32% |
| Q1 2026 | 2026-03-31 | 2.31 | 0.36 | +18.17% |
| Q4 2025 | 2025-12-31 | 2.25 | 0.11 | +5.20% |
| Q3 2025 | 2025-09-30 | 2.06 | 0.06 | +3.00% |
| Q2 2025 | 2025-06-30 | 2.06 | 0.05 | +2.36% |
| Q1 2025 | 2025-03-31 | 1.96 | 0.02 | +1.12% |
| Q4 2024 | 2024-12-31 | 2.14 | 0.05 | +2.57% |
| Q3 2024 | 2024-09-30 | 2.00 | 0.08 | +3.90% |
| Q2 2024 | 2024-06-30 | 2.01 | 0.17 | +9.07% |
| Q1 2024 | 2024-03-31 | 1.94 | 0.00 | +0.13% |
| Q4 2023 | 2023-12-31 | 2.09 | 0.11 | +5.47% |
| Q3 2023 | 2023-09-30 | 1.92 | −0.07 | −3.41% |
| Q2 2023 | 2023-06-30 | 1.84 | −0.10 | −5.23% |
| Q1 2023 | 2023-03-31 | 1.93 | 0.10 | +5.18% |
| Q4 2022 | 2022-12-31 | 1.98 | −0.11 | −5.18% |
| Q3 2022 | 2022-09-30 | 1.99 | 0.17 | +9.59% |
| Q2 2022 | 2022-06-30 | 1.95 | 0.11 | +6.18% |
| Q1 2022 | 2022-03-31 | 1.84 | 0.04 | +1.98% |
| Q4 2021 | 2021-12-31 | 2.09 | 0.17 | +9.00% |
| Q3 2021 | 2021-09-30 | 1.82 | −0.01 | −0.36% |
| Q2 2021 | 2021-06-30 | 1.83 | 0.00 | +0.23% |
| Q1 2021 | 2021-03-31 | 1.80 | 0.03 | +1.92% |
| Q4 2020 | 2020-12-31 | 1.91 | 0.23 | +13.73% |
| Q3 2020 | 2020-09-30 | 1.82 | 0.29 | +18.61% |
| Q2 2020 | 2020-06-30 | 1.83 | 0.32 | +20.89% |
| Q1 2020 | 2020-03-31 | 1.77 | 0.25 | +16.12% |
| Q4 2019 | 2019-12-31 | 1.68 | 0.15 | +10.11% |
| Q3 2019 | 2019-09-30 | 1.54 | 0.11 | +7.90% |
| Q2 2019 | 2019-06-30 | 1.51 | −0.77 | −33.70% |
| Q1 2019 | 2019-03-31 | 1.52 | −0.73 | −32.52% |
| Q4 2018 | 2018-12-31 | 1.53 | −0.64 | −29.48% |
| Q3 2018 | 2018-09-30 | 1.42 | −1.11 | −43.85% |
| Q2 2018 | 2018-06-30 | 2.28 | −0.29 | −11.17% |
| Q1 2018 | 2018-03-31 | 2.26 | −0.33 | −12.68% |
| Q4 2017 | 2017-12-31 | 2.17 | −2.87 | −57.00% |
| Q3 2017 | 2017-09-30 | 2.54 | −2.39 | −48.50% |
| Q2 2017 | 2017-06-30 | 2.57 | −2.52 | −49.57% |
| Q1 2017 | 2017-03-31 | 2.58 | −1.60 | −38.29% |
| Q4 2016 | 2016-12-31 | 5.04 | 1.14 | +29.22% |
| Q3 2016 | 2016-09-30 | 4.92 | 1.77 | +55.90% |
| Q2 2016 | 2016-06-30 | 5.09 | 2.19 | +75.27% |
| Q1 2016 | 2016-03-31 | 4.19 | 1.55 | +58.57% |
| Q4 2015 | 2015-12-31 | 3.90 | 1.53 | +64.77% |
| Q3 2015 | 2015-09-30 | 3.16 | 0.95 | +42.85% |
| Q2 2015 | 2015-06-30 | 2.90 | 0.93 | +46.98% |
| Q1 2015 | 2015-03-31 | 2.64 | 0.02 | +0.77% |
| Q4 2014 | 2014-12-31 | 2.37 | 0.03 | +1.44% |
| Q3 2014 | 2014-09-30 | 2.21 | 0.04 | +1.97% |
| Q2 2014 | 2014-06-30 | 1.98 | −0.38 | −16.20% |
| Q1 2014 | 2014-03-31 | 2.62 | 0.41 | +18.46% |
| Q4 2013 | 2013-12-31 | 2.33 | 0.08 | +3.32% |
| Q3 2013 | 2013-09-30 | 2.17 | −0.91 | −29.51% |
| Q2 2013 | 2013-06-30 | 2.36 | −0.69 | −22.70% |
| Q1 2013 | 2013-03-31 | 2.21 | −2.10 | −48.69% |
| Q4 2012 | 2012-12-31 | 2.26 | −4.47 | −66.43% |
| Q3 2012 | 2012-09-30 | 3.08 | 1.94 | +169.62% |
| Q2 2012 | 2012-06-30 | 3.05 | 1.89 | +163.68% |
| Q1 2012 | 2012-03-31 | 4.31 | 3.17 | +278.95% |
| Q4 2011 | 2011-12-31 | 6.73 | 5.39 | +402.68% |
| Q3 2011 | 2011-09-30 | 1.14 | 0.00 | +0.17% |
| Q2 2011 | 2011-06-30 | 1.16 | 0.06 | +5.66% |
| Q1 2011 | 2011-03-31 | 1.14 | 0.00 | +0.03% |
| Q4 2010 | 2010-12-31 | 1.34 | 0.36 | +36.93% |
| Q3 2010 | 2010-09-30 | 1.14 | 0.14 | +14.58% |
| Q2 2010 | 2010-06-30 | 1.09 | 0.10 | +10.28% |
| Q1 2010 | 2010-03-31 | 1.14 | — | — |
| Q4 2009 | 2009-12-31 | 0.98 | 0.07 | +7.41% |
| Q3 2009 | 2009-09-30 | 0.99 | — | — |
| Q2 2009 | 2009-06-30 | 0.99 | — | — |
| Q4 2008 | 2008-12-31 | 0.91 | — | — |
Williams Companies debt-to-equity ratio trends
Over the last five fiscal years, Williams Companies's debt-to-equity ratio increased from 1.91 to 2.25, a change of 0.34. The latest reported quarter, Q2 2026, shows 2.17.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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