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WILLIAMS COMPANIES, INC. (WMB)

Natural Gas Transmission

Latest Price
$71.95
TTM P/E
28.67
Normalized P/E
35.10
Div Yield
2.85%
Book Value
10.75
P/B Ratio
6.69

Valuation metrics

adjust assumptions →
EPS: $2.14
Book value / share: $10.45
Formula: √(22.5 × EPS × BVPS)
Graham Number
$22.44
69% downside
Base FCF: $2.6B (median of recent 5yr)
Growth: 9%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$25.87
64% downside
EPS: $2.14
Target P/E: 36×
Formula: EPS × P/E
P/E Fair Value
$77.04
+6% upside

Institutional Ownership

88.2% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.116.26M$8.64B9.51%+3.85M2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC79.85M$5.93B6.53%+492.2K2026-06-30
STATE STREET CORP72.02M$5.35B5.89%-972.9K2026-06-30
BANK OF AMERICA CORP /DE/44.67M$3.32B3.65%+206.6K2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC43.51M$3.23B3.56%+244.7K2026-06-30
WELLINGTON MANAGEMENT GROUP LLP33.10M$2.46B2.71%+10.01M2026-06-30
MORGAN STANLEY31.81M$2.37B2.60%-1.93M2026-06-30
GEODE CAPITAL MANAGEMENT, LLC29.91M$2.21B2.45%+317.4K2026-06-30
Clearbridge Investments, LLC24.21M$1.80B1.98%+973.2K2026-06-30
JPMORGAN CHASE & CO21.38M$1.60B1.75%-1.56M2026-06-30
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