FUNDAMENTAL ANALYSIS
WMB
Williams Companies
FUNDAMENTAL RATING
FUNDAMENTAL SCORE
46 / 100
Summary
Williams Companies reports diverging multi-year and recent results. Revenue declined at a -5.7% CAGR (compound annual growth rate) over three years while net income compounded at 8.5% a year; the latest annual revenue rose 17.9% and net income rose 17.7% (YoY, or year-over-year). The most recent quarter posted $827M in net income and declined 4.4% QoQ (quarter-over-quarter), so quarterly direction is softer even as annual comparables improved. Assets cover liabilities 1.28 times, an adequate balance-sheet cushion, but the Altman Z-score of 1.25 sits below the distress threshold of 1.81 for the Z (1968) variant. Piotroski F-Score of 6 on a 0 to 9 quality scale is a mixed earnings-quality reading. P/E (TTM) is 28.53 and EPS (TTM, Diluted) is $2.54. The next report must show whether quarterly net income stops declining and whether the annual revenue and profit gains repeat on a comparable basis.
Revenue — Annual Comparison
Net Income — Annual Comparison
Quarterly Detail Charts
Quarterly Revenue
Quarterly Net Income
Piotroski F-Score Breakdown
6/9 · Neutral
Profitability — Net income positive this fiscal year
Pass
Return on Assets — Return on Assets improved year-over-year
Pass
Cash flow positive — Cash from operations positive this fiscal year
Pass
Earnings quality — Cash from operations exceeds net income
Pass
Leverage down — Long-term debt / total assets improved
N/A
Liquidity up — Current ratio improved year-over-year
Pass
No share dilution — Share count did not increase year-over-year
Fail
Margin up — Gross margin expanded year-over-year
N/A
Asset efficiency — Asset turnover improved year-over-year
Pass
Data Source
This dashboard applies a modified 9-signal Piotroski F-Score (Piotroski, 2000) and Altman Z-Score models. Fundamental filing data is sourced from the SEC's EDGAR XBRL database (primary), with API Ninjas as backup for freshly-filed 10-Ks not yet in SEC. Live price, market cap, and EPS display use Tiingo end-of-day data. This page is informational analysis, not investment advice. See Financial Disclaimer.
Recent Filings
Formula & Methodology
Trend inputAnnual revenue and net income year-over-year direction contributes 20% of the score.
Piotroski inputModified 9-test Piotroski F-Score (Quality) contributes 40% of the score.
Altman inputAltman Z-Score (Distress) contributes 40% of the score.
Rating ruleFormula: Trend (20%) + Piotroski F-Score (40%) + Altman Z-Score (40%). Trend blends annual revenue and net income year-over-year direction. Piotroski is the modified 9-test variant (7 classic + 2 cash-flow tests). Altman uses the 1968 Z-Score with Safe/Grey/Distress zones. Combined blend uses ±0.45 thresholds: Bullish at +0.45 or higher, Bearish at -0.45 or lower, Neutral in between. Missing sub-signals count as Neutral (0) and weights are not re-normalized — a company with fewer available signals must earn its rating from stronger reads on the remaining pillars.