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Side-by-side financial comparison of Expedia Group (EXPE) and Williams Companies (WMB). Click either name above to swap in a different company.

Williams Companies is the larger business by last-quarter revenue ($3.8B vs $3.5B, roughly 1.1× Expedia Group). Williams Companies runs the higher net margin — 19.1% vs 5.8%, a 13.3% gap on every dollar of revenue. On growth, Expedia Group posted the faster year-over-year revenue change (18.7% vs 12.7%). Over the past eight quarters, Williams Companies's revenue compounded faster (7.3% CAGR vs -0.2%).

Expedia Inc. is an online travel agency owned by Expedia Group, based in Seattle. The website and mobile app can be used to book airline tickets, hotel reservations, car rentals, cruise ships, activities and vacation rentals. Expedia.com was launched on October 22, 1996 by Microsoft.

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.

EXPE vs WMB — Head-to-Head

Bigger by revenue
WMB
WMB
1.1× larger
WMB
$3.8B
$3.5B
EXPE
Growing faster (revenue YoY)
EXPE
EXPE
+6.0% gap
EXPE
18.7%
12.7%
WMB
Higher net margin
WMB
WMB
13.3% more per $
WMB
19.1%
5.8%
EXPE
Faster 2-yr revenue CAGR
WMB
WMB
Annualised
WMB
7.3%
-0.2%
EXPE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EXPE
EXPE
WMB
WMB
Revenue
$3.5B
$3.8B
Net Profit
$205.0M
$734.0M
Gross Margin
Operating Margin
11.8%
27.3%
Net Margin
5.8%
19.1%
Revenue YoY
18.7%
12.7%
Net Profit YoY
202.5%
51.0%
EPS (diluted)
$1.56
$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.

Revenue
EXPE
EXPE
WMB
WMB
Q1 26
$3.5B
Q4 25
$3.5B
$3.8B
Q3 25
$4.4B
$3.5B
Q2 25
$3.8B
$3.4B
Q1 25
$3.0B
$4.2B
Q4 24
$3.2B
$3.4B
Q3 24
$4.1B
$3.0B
Q2 24
$3.6B
$2.8B
Net Profit
EXPE
EXPE
WMB
WMB
Q1 26
$205.0M
Q4 25
$205.0M
$734.0M
Q3 25
$959.0M
$647.0M
Q2 25
$330.0M
$546.0M
Q1 25
$-200.0M
$691.0M
Q4 24
$299.0M
$486.0M
Q3 24
$684.0M
$706.0M
Q2 24
$386.0M
$401.0M
Operating Margin
EXPE
EXPE
WMB
WMB
Q1 26
11.8%
Q4 25
11.8%
27.3%
Q3 25
23.5%
31.8%
Q2 25
12.8%
28.0%
Q1 25
-2.3%
26.1%
Q4 24
6.8%
23.2%
Q3 24
18.8%
27.6%
Q2 24
12.7%
24.4%
Net Margin
EXPE
EXPE
WMB
WMB
Q1 26
5.8%
Q4 25
5.8%
19.1%
Q3 25
21.7%
18.5%
Q2 25
8.7%
16.2%
Q1 25
-6.7%
16.5%
Q4 24
9.4%
14.2%
Q3 24
16.8%
23.3%
Q2 24
10.8%
14.1%
EPS (diluted)
EXPE
EXPE
WMB
WMB
Q1 26
$1.56
Q4 25
$1.56
$0.60
Q3 25
$7.33
$0.53
Q2 25
$2.48
$0.45
Q1 25
$-1.56
$0.56
Q4 24
$2.10
$0.39
Q3 24
$5.04
$0.58
Q2 24
$2.80
$0.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXPE
EXPE
WMB
WMB
Cash + ST InvestmentsLiquidity on hand
$5.7B
Total DebtLower is stronger
$6.2B
$27.3B
Stockholders' EquityBook value
$1.3B
$12.8B
Total Assets
$24.5B
$58.6B
Debt / EquityLower = less leverage
4.80×
2.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPE
EXPE
WMB
WMB
Q1 26
$5.7B
Q4 25
$5.7B
Q3 25
$6.2B
Q2 25
$6.7B
Q1 25
$6.1B
Q4 24
$4.5B
Q3 24
$4.9B
Q2 24
$6.3B
Total Debt
EXPE
EXPE
WMB
WMB
Q1 26
$6.2B
Q4 25
$6.2B
$27.3B
Q3 25
$6.2B
$25.6B
Q2 25
$6.2B
$25.6B
Q1 25
$6.2B
$24.1B
Q4 24
$6.3B
$24.7B
Q3 24
$6.3B
$24.8B
Q2 24
$6.3B
$24.1B
Stockholders' Equity
EXPE
EXPE
WMB
WMB
Q1 26
$1.3B
Q4 25
$1.3B
$12.8B
Q3 25
$1.3B
$12.5B
Q2 25
$836.0M
$12.4B
Q1 25
$1.1B
$12.5B
Q4 24
$1.6B
$12.4B
Q3 24
$1.3B
$12.4B
Q2 24
$889.0M
$12.3B
Total Assets
EXPE
EXPE
WMB
WMB
Q1 26
$24.5B
Q4 25
$24.5B
$58.6B
Q3 25
$25.1B
$55.7B
Q2 25
$27.0B
$56.1B
Q1 25
$26.1B
$54.9B
Q4 24
$22.4B
$54.5B
Q3 24
$23.4B
$53.8B
Q2 24
$25.9B
$52.4B
Debt / Equity
EXPE
EXPE
WMB
WMB
Q1 26
4.80×
Q4 25
4.80×
2.13×
Q3 25
4.65×
2.04×
Q2 25
7.43×
2.06×
Q1 25
5.79×
1.93×
Q4 24
4.02×
1.99×
Q3 24
4.74×
2.00×
Q2 24
7.04×
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
EXPE
EXPE
WMB
WMB
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.

Operating Cash Flow
EXPE
EXPE
WMB
WMB
Q1 26
Q4 25
$304.0M
$1.6B
Q3 25
$-497.0M
$1.4B
Q2 25
$1.1B
$1.4B
Q1 25
$3.0B
$1.4B
Q4 24
$198.0M
$1.2B
Q3 24
$-1.5B
$1.2B
Q2 24
$1.5B
$1.3B
Free Cash Flow
EXPE
EXPE
WMB
WMB
Q1 26
Q4 25
$119.0M
$-379.0M
Q3 25
$-686.0M
$485.0M
Q2 25
$921.0M
$478.0M
Q1 25
$2.8B
$421.0M
Q4 24
$7.0M
$450.0M
Q3 24
$-1.7B
$561.0M
Q2 24
$1.3B
$700.0M
FCF Margin
EXPE
EXPE
WMB
WMB
Q1 26
Q4 25
3.4%
-9.9%
Q3 25
-15.5%
13.9%
Q2 25
24.3%
14.2%
Q1 25
92.2%
10.1%
Q4 24
0.2%
13.2%
Q3 24
-41.6%
18.5%
Q2 24
36.7%
24.6%
Capex Intensity
EXPE
EXPE
WMB
WMB
Q1 26
Q4 25
5.2%
50.9%
Q3 25
4.3%
27.3%
Q2 25
5.3%
28.8%
Q1 25
6.6%
24.2%
Q4 24
6.0%
22.5%
Q3 24
4.8%
22.5%
Q2 24
5.5%
20.3%
Cash Conversion
EXPE
EXPE
WMB
WMB
Q1 26
Q4 25
1.48×
2.15×
Q3 25
-0.52×
2.22×
Q2 25
3.40×
2.66×
Q1 25
2.07×
Q4 24
0.66×
2.51×
Q3 24
-2.18×
1.76×
Q2 24
3.89×
3.19×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXPE
EXPE

Segment breakdown not available.

WMB
WMB

Services$2.2B57%
Natural Gas Us Regulated$740.0M19%
West$730.0M19%
Non Regulated Service Commodity Consideration$51.0M1%
Natural Gas Gathering Transportation Marketing And Processing$45.0M1%
Affiliated Entity$23.0M1%
Other$14.0M0%
Other Service$11.0M0%

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