Williams Gross Profit vs Operating Income Analysis

WMB Stock  USD 39.26  0.19  0.48%   
Williams Companies financial indicator trend analysis is more than just analyzing Williams Companies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Williams Companies is a good investment. Please check the relationship between Williams Companies Gross Profit and its Operating Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Williams Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Williams Stock refer to our How to Trade Williams Stock guide.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Williams Companies Gross Profit account and Operating Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Williams Companies' Gross Profit and Operating Income is 0.16. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Williams Companies, assuming nothing else is changed. The correlation between historical values of Williams Companies' Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Williams Companies are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Williams Companies' Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Williams Companies minus its cost of goods sold. It is profit before Williams Companies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Williams Companies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Williams Companies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Williams Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Williams Companies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Williams Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Williams Stock refer to our How to Trade Williams Stock guide.At present, Williams Companies' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 935.5 M, whereas Discontinued Operations is forecasted to decline to (18.1 M).
 2021 2022 2023 2024 (projected)
Gross Profit3.2B3.7B4.8B3.8B
Total Revenue10.6B11.0B10.9B7.9B

Williams Companies fundamental ratios Correlations

0.770.80.50.70.870.840.79-0.880.540.140.75-0.270.140.690.80.770.45-0.460.830.80.650.460.340.980.66
0.770.990.630.610.770.990.98-0.750.410.061.0-0.330.060.60.690.990.3-0.450.760.990.710.320.290.790.73
0.80.990.620.620.770.991.0-0.780.390.050.98-0.330.050.590.680.990.28-0.430.760.990.690.310.30.820.79
0.50.630.620.760.510.630.61-0.760.470.390.58-0.440.390.660.770.610.430.050.780.690.90.590.730.530.68
0.70.610.620.760.570.650.58-0.730.710.530.55-0.470.530.820.70.590.720.070.70.680.860.850.780.640.72
0.870.770.770.510.570.790.76-0.760.370.110.76-0.130.110.570.810.740.28-0.30.880.760.630.350.340.910.6
0.840.990.990.630.650.790.98-0.810.450.10.98-0.360.10.620.730.990.32-0.470.790.990.730.350.320.840.77
0.790.981.00.610.580.760.98-0.760.36-0.030.99-0.3-0.030.580.650.990.23-0.430.730.980.650.250.250.80.78
-0.88-0.75-0.78-0.76-0.73-0.76-0.81-0.76-0.56-0.36-0.720.46-0.36-0.7-0.93-0.78-0.480.42-0.94-0.82-0.84-0.56-0.5-0.9-0.72
0.540.410.390.470.710.370.450.36-0.560.360.35-0.310.360.910.470.420.86-0.150.470.490.660.810.250.50.43
0.140.060.050.390.530.110.1-0.03-0.360.36-0.01-0.411.00.220.50.050.540.10.390.150.590.770.710.150.17
0.751.00.980.580.550.760.980.99-0.720.35-0.01-0.3-0.010.540.640.990.22-0.470.720.970.640.230.230.770.71
-0.27-0.33-0.33-0.44-0.47-0.13-0.36-0.30.46-0.31-0.41-0.3-0.41-0.3-0.36-0.36-0.190.08-0.36-0.4-0.49-0.4-0.38-0.23-0.55
0.140.060.050.390.530.110.1-0.03-0.360.361.0-0.01-0.410.220.50.050.540.10.390.150.590.770.710.150.17
0.690.60.590.660.820.570.620.58-0.70.910.220.54-0.30.220.60.60.8-0.060.630.660.760.770.380.650.63
0.80.690.680.770.70.810.730.65-0.930.470.50.64-0.360.50.60.680.46-0.310.980.740.880.590.630.850.57
0.770.990.990.610.590.740.990.99-0.780.420.050.99-0.360.050.60.680.28-0.480.750.990.690.310.240.80.76
0.450.30.280.430.720.280.320.23-0.480.860.540.22-0.190.540.80.460.28-0.020.420.370.650.880.450.410.24
-0.46-0.45-0.430.050.07-0.3-0.47-0.430.42-0.150.1-0.470.080.1-0.06-0.31-0.48-0.02-0.3-0.42-0.080.160.35-0.510.01
0.830.760.760.780.70.880.790.73-0.940.470.390.72-0.360.390.630.980.750.42-0.30.80.870.540.580.880.66
0.80.990.990.690.680.760.990.98-0.820.490.150.97-0.40.150.660.740.990.37-0.420.80.770.420.350.820.8
0.650.710.690.90.860.630.730.65-0.840.660.590.64-0.490.590.760.880.690.65-0.080.870.770.790.740.660.68
0.460.320.310.590.850.350.350.25-0.560.810.770.23-0.40.770.770.590.310.880.160.540.420.790.690.420.47
0.340.290.30.730.780.340.320.25-0.50.250.710.23-0.380.710.380.630.240.450.350.580.350.740.690.30.44
0.980.790.820.530.640.910.840.8-0.90.50.150.77-0.230.150.650.850.80.41-0.510.880.820.660.420.30.63
0.660.730.790.680.720.60.770.78-0.720.430.170.71-0.550.170.630.570.760.240.010.660.80.680.470.440.63
Click cells to compare fundamentals

Williams Companies Account Relationship Matchups

Williams Companies fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.2B1.2B1.2B1.2B1.2B637.1M
Total Assets46.0B44.2B47.6B48.4B52.6B35.0B
Short Long Term Debt Total22.3B22.3B23.7B22.9B26.4B14.8B
Other Current Liab1.1B815M1.1B1.4B1.2B1.7B
Total Current Liabilities4.0B2.3B5.0B4.9B5.8B3.7B
Total Stockholder Equity13.4B11.8B11.4B11.5B12.4B7.5B
Property Plant And Equipment Net29.2B28.9B29.3B30.9B34.3B21.1B
Net Debt22.0B22.2B22.0B22.8B24.3B13.8B
Retained Earnings(11.0B)(12.7B)(13.2B)(13.3B)(12.3B)(11.7B)
Accounts Payable552M482M1.7B2.3B1.4B949.3M
Cash289M142M1.7B152M2.2B2.3B
Non Current Assets Total44.5B42.7B43.1B44.6B48.1B30.0B
Non Currrent Assets Other(716M)(719M)(1.2B)(1.6B)(2.3B)(2.2B)
Cash And Short Term Investments289M142M1.7B152M2.2B2.3B
Net Receivables996M999M2.0B2.7B1.7B1.1B
Common Stock Total Equity1.2B1.2B1.2B1.3B1.4B1.5B
Liabilities And Stockholders Equity46.0B44.2B47.6B48.4B52.6B35.0B
Non Current Liabilities Total25.7B27.3B28.5B29.5B31.9B20.0B
Inventory125M136M379M320M274M228.4M
Other Current Assets170M152M211M279M434M412.3M
Other Stockholder Equity23.3B23.3B23.4B23.5B24.7B25.9B
Total Liab29.7B29.6B33.5B34.4B37.7B25.0B
Property Plant And Equipment Gross29.2B28.9B44.2B47.1B51.8B54.4B
Total Current Assets1.6B1.4B4.5B3.8B4.5B3.6B
Accumulated Other Comprehensive Income(199M)(96M)(33M)(24M)(1.3B)(1.2B)
Short Term Debt2.1B893M2.0B977M3.1B3.2B
Common Stock1.2B1.2B1.3B1.3B1.3B753.6M
Other Liab5.4B5.8B6.9B7.4B8.5B4.4B
Other Assets859M6.4B1.3B1.3B1.2B1.7B
Long Term Debt20.1B21.5B21.7B21.9B23.4B15.9B
Property Plant Equipment29.2B28.9B29.3B30.9B35.5B23.1B
Intangible Assets8.0B7.4B7.4B7.4B7.1B4.6B
Current Deferred Revenue158M129M134M141M159M151.1M
Net Tangible Assets5.4B4.3B4.0B4.1B3.7B2.0B
Noncontrolling Interest In Consolidated Entity1.3B3.0B2.8B2.7B3.1B4.8B

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When determining whether Williams Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Williams Companies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Williams Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Williams Companies Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Williams Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Williams Stock refer to our How to Trade Williams Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Williams Companies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Williams Companies. If investors know Williams will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Williams Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.728
Dividend Share
1.79
Earnings Share
2.68
Revenue Per Share
8.171
Quarterly Revenue Growth
(0.12)
The market value of Williams Companies is measured differently than its book value, which is the value of Williams that is recorded on the company's balance sheet. Investors also form their own opinion of Williams Companies' value that differs from its market value or its book value, called intrinsic value, which is Williams Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Williams Companies' market value can be influenced by many factors that don't directly affect Williams Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Williams Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Williams Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Williams Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.