WMB vs. ET
Compare and contrast key facts about The Williams Companies, Inc. (WMB) and Energy Transfer LP (ET).
Performance
WMB vs. ET - Performance Comparison
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WMB vs. ET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMB The Williams Companies, Inc. | 21.95% | 14.91% | 62.35% | 11.86% | 32.83% | 38.36% | -8.20% | 14.18% | -23.88% | 2.02% |
ET Energy Transfer LP | 19.24% | -9.37% | 53.87% | 27.87% | 55.74% | 42.96% | -44.92% | 5.88% | -17.74% | -4.66% |
Fundamentals
WMB:
$88.94B
ET:
$70.45B
WMB:
$2.14
ET:
$1.37
WMB:
33.97
ET:
14.10
WMB:
7.45
ET:
0.84
WMB:
6.96
ET:
1.44
WMB:
$11.94B
ET:
$82.63B
WMB:
$6.83B
ET:
$18.01B
WMB:
$7.41B
ET:
$14.93B
Returns By Period
In the year-to-date period, WMB achieves a 21.95% return, which is significantly higher than ET's 19.24% return. Over the past 10 years, WMB has outperformed ET with an annualized return of 23.08%, while ET has yielded a comparatively lower 20.51% annualized return.
WMB
- 1D
- 0.43%
- 1M
- -1.90%
- YTD
- 21.95%
- 6M
- 16.67%
- 1Y
- 25.78%
- 3Y*
- 40.30%
- 5Y*
- 31.00%
- 10Y*
- 23.08%
ET
- 1D
- -1.48%
- 1M
- 2.44%
- YTD
- 19.24%
- 6M
- 16.88%
- 1Y
- 12.07%
- 3Y*
- 25.52%
- 5Y*
- 29.51%
- 10Y*
- 20.51%
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Return for Risk
WMB vs. ET — Risk / Return Rank
WMB
ET
WMB vs. ET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Williams Companies, Inc. (WMB) and Energy Transfer LP (ET). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| WMB | ET | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.05 | 0.51 | +0.54 |
Sortino ratioReturn per unit of downside risk | 1.44 | 0.86 | +0.59 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.12 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 2.18 | 0.65 | +1.53 |
Martin ratioReturn relative to average drawdown | 4.69 | 1.82 | +2.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WMB | ET | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.05 | 0.51 | +0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.33 | 1.17 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.56 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.36 | -0.12 |
Correlation
The correlation between WMB and ET is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
WMB vs. ET - Dividend Comparison
WMB's dividend yield for the trailing twelve months is around 2.78%, less than ET's 6.87% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WMB The Williams Companies, Inc. | 2.78% | 3.33% | 3.51% | 5.14% | 5.17% | 6.30% | 7.98% | 6.41% | 6.17% | 3.94% | 5.39% | 9.53% |
ET Energy Transfer LP | 6.87% | 7.97% | 6.51% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% |
Drawdowns
WMB vs. ET - Drawdown Comparison
The maximum WMB drawdown since its inception was -98.03%, which is greater than ET's maximum drawdown of -87.81%. Use the drawdown chart below to compare losses from any high point for WMB and ET.
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Drawdown Indicators
| WMB | ET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.03% | -87.81% | -10.22% |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | -17.33% | +4.97% |
Max Drawdown (5Y)Largest decline over 5 years | -23.01% | -25.82% | +2.81% |
Max Drawdown (10Y)Largest decline over 10 years | -68.08% | -72.82% | +4.74% |
Current DrawdownCurrent decline from peak | -3.88% | -1.88% | -2.00% |
Average DrawdownAverage peak-to-trough decline | -27.17% | -25.95% | -1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 6.24% | -0.49% |
Volatility
WMB vs. ET - Volatility Comparison
The Williams Companies, Inc. (WMB) and Energy Transfer LP (ET) have volatilities of 5.10% and 4.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMB | ET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.10% | 4.96% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 16.36% | 11.68% | +4.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.70% | 23.80% | +0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.40% | 25.48% | -2.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.62% | 36.63% | -5.01% |
Financials
WMB vs. ET - Financials Comparison
This section allows you to compare key financial metrics between The Williams Companies, Inc. and Energy Transfer LP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
WMB vs. ET - Profitability Comparison
WMB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Williams Companies, Inc. reported a gross profit of 1.50B and revenue of 3.20B. Therefore, the gross margin over that period was 46.8%.
ET - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Energy Transfer LP reported a gross profit of 5.78B and revenue of 22.41B. Therefore, the gross margin over that period was 25.8%.
WMB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Williams Companies, Inc. reported an operating income of 1.31B and revenue of 3.20B, resulting in an operating margin of 40.9%.
ET - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Energy Transfer LP reported an operating income of 2.37B and revenue of 22.41B, resulting in an operating margin of 10.6%.
WMB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Williams Companies, Inc. reported a net income of 734.00M and revenue of 3.20B, resulting in a net margin of 23.0%.
ET - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Energy Transfer LP reported a net income of 1.46B and revenue of 22.41B, resulting in a net margin of 6.5%.