WMB vs. GEL
WMB (The Williams Companies, Inc.) and GEL (Genesis Energy, L.P.) are both stocks. Both operate in the Oil & Gas Midstream industry within the Energy sector. Over the past 10 years, WMB returned 19.28%/yr vs -1.69%/yr for GEL. At a 0.31 correlation, their price movements are largely independent.
Performance
WMB vs. GEL - Performance Comparison
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Returns By Period
In the year-to-date period, WMB achieves a 21.67% return, which is significantly higher than GEL's -0.96% return. Over the past 10 years, WMB has outperformed GEL with an annualized return of 19.28%, while GEL has yielded a comparatively lower -1.69% annualized return.
WMB
- 1D
- 1.39%
- 1M
- -4.09%
- YTD
- 21.67%
- 6M
- 22.42%
- 1Y
- 24.82%
- 3Y*
- 38.58%
- 5Y*
- 26.67%
- 10Y*
- 19.28%
GEL
- 1D
- -3.38%
- 1M
- -3.88%
- YTD
- -0.96%
- 6M
- -1.90%
- 1Y
- -5.86%
- 3Y*
- 20.79%
- 5Y*
- 9.43%
- 10Y*
- -1.69%
WMB vs. GEL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMB The Williams Companies, Inc. | 21.67% | 14.91% | 62.35% | 11.86% | 32.83% | 38.36% | -8.20% | 14.18% | -23.88% | 2.02% |
GEL Genesis Energy, L.P. | -0.96% | 61.77% | -8.37% | 19.90% | 1.05% | 84.99% | -66.17% | 22.60% | -9.18% | -32.37% |
Correlation
The correlation between WMB and GEL is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Nov 27, 1996 | 0.31 |
The correlation between WMB and GEL shifts across timeframes, from 0.31 (all time) to 0.50 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
WMB:
$88.15B
GEL:
$1.85B
WMB:
$2.28
GEL:
$0.39
WMB:
31.55
GEL:
38.57
WMB:
1.64
GEL:
0.53
WMB:
7.39
GEL:
1.10
WMB:
6.80
GEL:
3.46
WMB:
$11.92B
GEL:
$1.68B
WMB:
$7.49B
GEL:
$281.95M
WMB:
$6.88B
GEL:
$437.85M
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Return for Risk
WMB vs. GEL — Risk / Return Rank
WMB
GEL
WMB vs. GEL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Williams Companies, Inc. (WMB) and Genesis Energy, L.P. (GEL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WMB | GEL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +1.68 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.99 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | -0.33 | +2.35 |
| Martin ratioReturn relative to average drawdown | 4.27 | -0.79 | +5.06 |
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Drawdowns
WMB vs. GEL - Drawdown Comparison
The maximum WMB drawdown since its inception was -98.03%, which is greater than GEL's maximum drawdown of -91.63%. Use the drawdown chart below to compare losses from any high point for WMB and GEL.
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Drawdown Indicators
| WMB | GEL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.03% | -91.63% | -6.40% |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | -17.85% | +5.49% |
Max Drawdown (3Y)Largest decline over 3 years | -12.36% | -31.46% | +19.10% |
Max Drawdown (5Y)Largest decline over 5 years | -23.01% | -38.79% | +15.78% |
Max Drawdown (10Y)Largest decline over 10 years | -68.08% | -89.61% | +21.53% |
Current DrawdownCurrent decline from peak | -8.55% | -38.19% | +29.64% |
Average DrawdownAverage peak-to-trough decline | -27.07% | -34.14% | +7.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.82% | 7.45% | -1.63% |
Volatility
WMB vs. GEL - Volatility Comparison
The current volatility for The Williams Companies, Inc. (WMB) is 7.36%, while Genesis Energy, L.P. (GEL) has a volatility of 9.38%. This indicates that WMB experiences smaller price fluctuations and is considered to be less risky than GEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMB | GEL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.36% | 9.38% | -2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 15.58% | 18.98% | -3.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.00% | 27.84% | -4.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.62% | 41.26% | -17.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.95% | 51.19% | -20.24% |
Dividends
WMB vs. GEL - Dividend Comparison
WMB's dividend yield for the trailing twelve months is around 3.54%, less than GEL's 4.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GEL Genesis Energy, L.P. | 4.56% | 4.23% | 6.08% | 5.18% | 5.88% | 5.60% | 16.10% | 10.74% | 11.37% | 11.87% | 7.54% | 6.72% |
WMB The Williams Companies, Inc. | 3.54% | 3.33% | 3.51% | 5.14% | 5.17% | 6.30% | 7.98% | 6.41% | 6.17% | 3.94% | 5.39% | 9.53% |
Financials
WMB vs. GEL - Financials Comparison
This section allows you to compare key financial metrics between The Williams Companies, Inc. and Genesis Energy, L.P.. 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. GEL - Profitability Comparison
WMB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Williams Companies, Inc. reported a gross profit of 2.49B and revenue of 3.03B. Therefore, the gross margin over that period was 82.1%.
GEL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Genesis Energy, L.P. reported a gross profit of 0.00 and revenue of 446.56M. Therefore, the gross margin over that period was 0.0%.
WMB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Williams Companies, Inc. reported an operating income of 1.32B and revenue of 3.03B, resulting in an operating margin of 43.6%.
GEL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Genesis Energy, L.P. reported an operating income of 76.61M and revenue of 446.56M, resulting in an operating margin of 17.2%.
WMB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Williams Companies, Inc. reported a net income of 865.00M and revenue of 3.03B, resulting in a net margin of 28.6%.
GEL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Genesis Energy, L.P. reported a net income of 19.37M and revenue of 446.56M, resulting in a net margin of 4.3%.
Frequently Asked Questions
WMB and GEL have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GEL has higher volatility (9.38%) compared to WMB (7.36%). In terms of maximum drawdown, WMB dropped -98.03% vs GEL's -91.63%.
WMB currently has the higher Sharpe Ratio (1.08 vs -0.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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