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Side-by-side financial comparison of Ameriprise Financial (AMP) and Williams Companies (WMB). Click either name above to swap in a different company.
Ameriprise Financial is the larger business by last-quarter revenue ($4.9B vs $3.8B, roughly 1.3× Williams Companies). Williams Companies runs the higher net margin — 19.1% vs 18.7%, a 0.4% gap on every dollar of revenue. On growth, Williams Companies posted the faster year-over-year revenue change (12.7% vs 9.0%). Over the past eight quarters, Williams Companies's revenue compounded faster (7.3% CAGR vs 5.5%).
Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-di...
The Williams Companies, Inc. is an American energy company based in Tulsa, Oklahoma. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets. A Fortune 500 company, its common stock is a component of the S&P 500.
AMP vs WMB — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.9B | $3.8B |
| Net Profit | $915.0M | $734.0M |
| Gross Margin | — | — |
| Operating Margin | — | 27.3% |
| Net Margin | 18.7% | 19.1% |
| Revenue YoY | 9.0% | 12.7% |
| Net Profit YoY | 57.0% | 51.0% |
| EPS (diluted) | — | $0.60 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $4.9B | — | ||
| Q4 25 | $5.0B | $3.8B | ||
| Q3 25 | $4.9B | $3.5B | ||
| Q2 25 | $4.5B | $3.4B | ||
| Q1 25 | $4.5B | $4.2B | ||
| Q4 24 | $4.6B | $3.4B | ||
| Q3 24 | $4.6B | $3.0B | ||
| Q2 24 | $4.4B | $2.8B |
| Q1 26 | $915.0M | — | ||
| Q4 25 | $1.0B | $734.0M | ||
| Q3 25 | $912.0M | $647.0M | ||
| Q2 25 | $1.1B | $546.0M | ||
| Q1 25 | $583.0M | $691.0M | ||
| Q4 24 | $1.1B | $486.0M | ||
| Q3 24 | $511.0M | $706.0M | ||
| Q2 24 | $829.0M | $401.0M |
| Q1 26 | — | — | ||
| Q4 25 | 25.6% | 27.3% | ||
| Q3 25 | 24.0% | 31.8% | ||
| Q2 25 | 30.1% | 28.0% | ||
| Q1 25 | 15.3% | 26.1% | ||
| Q4 24 | 29.1% | 23.2% | ||
| Q3 24 | 14.1% | 27.6% | ||
| Q2 24 | 23.9% | 24.4% |
| Q1 26 | 18.7% | — | ||
| Q4 25 | 20.0% | 19.1% | ||
| Q3 25 | 18.6% | 18.5% | ||
| Q2 25 | 23.6% | 16.2% | ||
| Q1 25 | 13.0% | 16.5% | ||
| Q4 24 | 23.0% | 14.2% | ||
| Q3 24 | 11.2% | 23.3% | ||
| Q2 24 | 18.9% | 14.1% |
| Q1 26 | — | — | ||
| Q4 25 | $10.39 | $0.60 | ||
| Q3 25 | $9.33 | $0.53 | ||
| Q2 25 | $10.73 | $0.45 | ||
| Q1 25 | $5.83 | $0.56 | ||
| Q4 24 | $10.57 | $0.39 | ||
| Q3 24 | $5.00 | $0.58 | ||
| Q2 24 | $8.02 | $0.33 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.3B | — |
| Total DebtLower is stronger | $3.3B | $27.3B |
| Stockholders' EquityBook value | $355.9B | $12.8B |
| Total Assets | $184.4B | $58.6B |
| Debt / EquityLower = less leverage | 0.01× | 2.13× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $8.3B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $3.3B | — | ||
| Q4 25 | — | $27.3B | ||
| Q3 25 | — | $25.6B | ||
| Q2 25 | — | $25.6B | ||
| Q1 25 | — | $24.1B | ||
| Q4 24 | — | $24.7B | ||
| Q3 24 | — | $24.8B | ||
| Q2 24 | — | $24.1B |
| Q1 26 | $355.9B | — | ||
| Q4 25 | $6.5B | $12.8B | ||
| Q3 25 | $6.5B | $12.5B | ||
| Q2 25 | $6.1B | $12.4B | ||
| Q1 25 | $5.4B | $12.5B | ||
| Q4 24 | $5.2B | $12.4B | ||
| Q3 24 | $5.7B | $12.4B | ||
| Q2 24 | $5.0B | $12.3B |
| Q1 26 | $184.4B | — | ||
| Q4 25 | $190.9B | $58.6B | ||
| Q3 25 | $190.1B | $55.7B | ||
| Q2 25 | $184.9B | $56.1B | ||
| Q1 25 | $179.1B | $54.9B | ||
| Q4 24 | $181.4B | $54.5B | ||
| Q3 24 | $186.0B | $53.8B | ||
| Q2 24 | $179.7B | $52.4B |
| Q1 26 | 0.01× | — | ||
| Q4 25 | — | 2.13× | ||
| Q3 25 | — | 2.04× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | — | 1.93× | ||
| Q4 24 | — | 1.99× | ||
| Q3 24 | — | 2.00× | ||
| Q2 24 | — | 1.96× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $1.6B |
| Free Cash FlowOCF − Capex | — | $-379.0M |
| FCF MarginFCF / Revenue | — | -9.9% |
| Capex IntensityCapex / Revenue | — | 50.9% |
| Cash ConversionOCF / Net Profit | — | 2.15× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.0B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | $1.6B | ||
| Q3 25 | $2.2B | $1.4B | ||
| Q2 25 | $1.8B | $1.4B | ||
| Q1 25 | $1.7B | $1.4B | ||
| Q4 24 | $383.0M | $1.2B | ||
| Q3 24 | $3.0B | $1.2B | ||
| Q2 24 | $1.7B | $1.3B |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $-379.0M | ||
| Q3 25 | $2.2B | $485.0M | ||
| Q2 25 | $1.7B | $478.0M | ||
| Q1 25 | $1.6B | $421.0M | ||
| Q4 24 | $325.0M | $450.0M | ||
| Q3 24 | $3.0B | $561.0M | ||
| Q2 24 | $1.7B | $700.0M |
| Q1 26 | — | — | ||
| Q4 25 | 52.0% | -9.9% | ||
| Q3 25 | 44.1% | 13.9% | ||
| Q2 25 | 38.4% | 14.2% | ||
| Q1 25 | 36.8% | 10.1% | ||
| Q4 24 | 7.0% | 13.2% | ||
| Q3 24 | 65.8% | 18.5% | ||
| Q2 24 | 38.8% | 24.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 50.9% | ||
| Q3 25 | 0.9% | 27.3% | ||
| Q2 25 | 0.8% | 28.8% | ||
| Q1 25 | 0.8% | 24.2% | ||
| Q4 24 | 1.2% | 22.5% | ||
| Q3 24 | 1.1% | 22.5% | ||
| Q2 24 | 0.4% | 20.3% |
| Q1 26 | — | — | ||
| Q4 25 | 2.65× | 2.15× | ||
| Q3 25 | 2.42× | 2.22× | ||
| Q2 25 | 1.66× | 2.66× | ||
| Q1 25 | 2.89× | 2.07× | ||
| Q4 24 | 0.36× | 2.51× | ||
| Q3 24 | 5.96× | 1.76× | ||
| Q2 24 | 2.07× | 3.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMP
| Management and financial advice fees | $2.9B | 60% |
| Other | $872.0M | 18% |
| Distribution fees | $563.0M | 12% |
| Premiums, policy and contract charges | $341.0M | 7% |
| Other revenues | $166.0M | 3% |
WMB
| Services | $2.2B | 57% |
| Natural Gas Us Regulated | $740.0M | 19% |
| West | $730.0M | 19% |
| Non Regulated Service Commodity Consideration | $51.0M | 1% |
| Natural Gas Gathering Transportation Marketing And Processing | $45.0M | 1% |
| Affiliated Entity | $23.0M | 1% |
| Other | $14.0M | 0% |
| Other Service | $11.0M | 0% |
