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

Sea Ltd is the larger business by last-quarter revenue ($22.9B vs $3.8B, roughly 6.0× Williams Companies). Williams Companies runs the higher net margin — 19.1% vs 7.0%, a 12.1% gap on every dollar of revenue. On growth, Sea Ltd posted the faster year-over-year revenue change (363.4% vs 12.7%). Over the past eight quarters, Sea Ltd's revenue compounded faster (147.8% CAGR vs 7.3%).

Sea Limited is a tech conglomerate headquartered in Singapore. It is listed on the New York Stock Exchange, with revenue of US$16.8 billion (2024). Sea currently functions as a holding company for Garena, Monee and Shopee, the largest e-commerce platform in Southeast Asia.

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.

SE vs WMB — Head-to-Head

Bigger by revenue
SE
SE
6.0× larger
SE
$22.9B
$3.8B
WMB
Growing faster (revenue YoY)
SE
SE
+350.7% gap
SE
363.4%
12.7%
WMB
Higher net margin
WMB
WMB
12.1% more per $
WMB
19.1%
7.0%
SE
Faster 2-yr revenue CAGR
SE
SE
Annualised
SE
147.8%
7.3%
WMB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SE
SE
WMB
WMB
Revenue
$22.9B
$3.8B
Net Profit
$1.6B
$734.0M
Gross Margin
44.7%
Operating Margin
8.7%
27.3%
Net Margin
7.0%
19.1%
Revenue YoY
363.4%
12.7%
Net Profit YoY
51.0%
EPS (diluted)
$2.52
$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
SE
SE
WMB
WMB
Q4 25
$22.9B
$3.8B
Q3 25
$6.0B
$3.5B
Q2 25
$5.3B
$3.4B
Q1 25
$4.8B
$4.2B
Q4 24
$5.0B
$3.4B
Q3 24
$4.3B
$3.0B
Q2 24
$3.8B
$2.8B
Q1 24
$3.7B
$3.3B
Net Profit
SE
SE
WMB
WMB
Q4 25
$1.6B
$734.0M
Q3 25
$375.0M
$647.0M
Q2 25
$414.2M
$546.0M
Q1 25
$-7.8M
$691.0M
Q4 24
$486.0M
Q3 24
$706.0M
Q2 24
$401.0M
Q1 24
$-23.0M
$632.0M
Gross Margin
SE
SE
WMB
WMB
Q4 25
44.7%
Q3 25
43.4%
Q2 25
45.8%
Q1 25
46.2%
Q4 24
Q3 24
Q2 24
Q1 24
41.6%
Operating Margin
SE
SE
WMB
WMB
Q4 25
8.7%
27.3%
Q3 25
8.0%
31.8%
Q2 25
9.3%
28.0%
Q1 25
9.4%
26.1%
Q4 24
23.2%
Q3 24
27.6%
Q2 24
24.4%
Q1 24
1.9%
30.3%
Net Margin
SE
SE
WMB
WMB
Q4 25
7.0%
19.1%
Q3 25
6.3%
18.5%
Q2 25
7.9%
16.2%
Q1 25
-0.2%
16.5%
Q4 24
14.2%
Q3 24
23.3%
Q2 24
14.1%
Q1 24
-0.6%
18.9%
EPS (diluted)
SE
SE
WMB
WMB
Q4 25
$2.52
$0.60
Q3 25
$0.59
$0.53
Q2 25
$0.65
$0.45
Q1 25
$0.65
$0.56
Q4 24
$0.39
Q3 24
$0.58
Q2 24
$0.33
Q1 24
$0.52

Balance Sheet & Financial Strength

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

Metric
SE
SE
WMB
WMB
Cash + ST InvestmentsLiquidity on hand
$10.6B
Total DebtLower is stronger
$27.3B
Stockholders' EquityBook value
$12.6B
$12.8B
Total Assets
$29.4B
$58.6B
Debt / EquityLower = less leverage
2.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SE
SE
WMB
WMB
Q4 25
$10.6B
Q3 25
Q2 25
Q1 25
Q4 24
$8.6B
Q3 24
Q2 24
Q1 24
Total Debt
SE
SE
WMB
WMB
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 24
$24.1B
Stockholders' Equity
SE
SE
WMB
WMB
Q4 25
$12.6B
$12.8B
Q3 25
$12.5B
Q2 25
$12.4B
Q1 25
$12.5B
Q4 24
$8.4B
$12.4B
Q3 24
$12.4B
Q2 24
$12.3B
Q1 24
$12.4B
Total Assets
SE
SE
WMB
WMB
Q4 25
$29.4B
$58.6B
Q3 25
$55.7B
Q2 25
$56.1B
Q1 25
$54.9B
Q4 24
$22.6B
$54.5B
Q3 24
$53.8B
Q2 24
$52.4B
Q1 24
$52.7B
Debt / Equity
SE
SE
WMB
WMB
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×
Q1 24
1.94×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SE
SE
WMB
WMB
Operating Cash FlowLast quarter
$5.0B
$1.6B
Free Cash FlowOCF − Capex
$-379.0M
FCF MarginFCF / Revenue
-9.9%
Capex IntensityCapex / Revenue
50.9%
Cash ConversionOCF / Net Profit
3.12×
2.15×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SE
SE
WMB
WMB
Q4 25
$5.0B
$1.6B
Q3 25
$3.5B
$1.4B
Q2 25
$2.4B
$1.4B
Q1 25
$756.9M
$1.4B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.3B
Q1 24
$468.5M
$1.2B
Free Cash Flow
SE
SE
WMB
WMB
Q4 25
$-379.0M
Q3 25
$485.0M
Q2 25
$478.0M
Q1 25
$421.0M
Q4 24
$450.0M
Q3 24
$561.0M
Q2 24
$700.0M
Q1 24
$690.0M
FCF Margin
SE
SE
WMB
WMB
Q4 25
-9.9%
Q3 25
13.9%
Q2 25
14.2%
Q1 25
10.1%
Q4 24
13.2%
Q3 24
18.5%
Q2 24
24.6%
Q1 24
20.7%
Capex Intensity
SE
SE
WMB
WMB
Q4 25
50.9%
Q3 25
27.3%
Q2 25
28.8%
Q1 25
24.2%
Q4 24
22.5%
Q3 24
22.5%
Q2 24
20.3%
Q1 24
16.3%
Cash Conversion
SE
SE
WMB
WMB
Q4 25
3.12×
2.15×
Q3 25
9.46×
2.22×
Q2 25
5.73×
2.66×
Q1 25
2.07×
Q4 24
2.51×
Q3 24
1.76×
Q2 24
3.19×
Q1 24
1.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SE
SE

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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