20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
Williams Companies Inc (WMB) operates in the Oil & Gas Storage & Transportation industry and is headquartered in Tulsa, United States with about 5,987 employees. Its market capitalization is roughly $91 billion. In the fiscal year ended 2025-12-31, WMB reported $11.9B in revenue and $2.6B in net income.
The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission, Power & Gulf, Northeast G&P, West, and Gas & NGL Marketing Services segments.
Interactive charts & full statements → Open the WMB valuation workbench →
| Income statement | TTM → 2026-03-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $11.9B | $11.9B | $10.5B | $10.9B | $11.0B | $10.6B | $7.7B | $8.2B | $8.7B | $8.0B | $7.5B | $7.4B | $7.6B | $6.9B | $7.5B | $7.9B | $6.6B | $5.3B | $11.9B | $10.5B | $9.4B |
| Gross Profit | $7.5B | $5.1B | $6.2B | $6.8B | $5.5B | $4.8B | $4.4B | $4.4B | $4.1B | $4.0B | $4.0B | $3.8B | $3.4B | $3.0B | $3.2B | $3.3B | $2.8B | $1.6B | $3.1B | $2.5B | $1.8B |
| Gross Margin % | 62.8% | 42.9% | 58.7% | 62.4% | 50.1% | 44.7% | 56.8% | 53.9% | 47.4% | 49.7% | 53.5% | 52.2% | 45.1% | 44.0% | 43.2% | 42.1% | 41.7% | 29.7% | 26.2% | 23.6% | 19.3% |
| Operating Income (EBIT) | $4.6B | $4.4B | $3.3B | $4.3B | $3.0B | $2.6B | $2.2B | $1.9B | $768M | $927M | $689M | $226M | $1.6B | $1.4B | $1.6B | $1.9B | $1.4B | $1.1B | $2.5B | $1.9B | $1.1B |
| Operating Margin % | 38.8% | 36.8% | 31.8% | 39.5% | 27.5% | 24.8% | 28.5% | 23.4% | 8.8% | 11.5% | 9.2% | 3.1% | 20.5% | 20.0% | 21.5% | 23.5% | 21.2% | 20.9% | 21.3% | 17.8% | 11.6% |
| Net Income | $2.8B | $2.6B | $2.2B | $3.2B | $2.0B | $1.5B | $211M | $850M | ($155M) | $2.2B | ($424M) | ($571M) | $2.1B | $430M | $859M | $376M | ($1.1B) | $285M | $1.4B | $990M | $309M |
| Net Margin % | 23.8% | 21.9% | 21.2% | 29.1% | 18.7% | 14.3% | 2.7% | 10.4% | -1.8% | 27.1% | -5.7% | -7.8% | 27.7% | 6.3% | 11.5% | 4.7% | -16.5% | 5.4% | 11.9% | 9.4% | 3.3% |
| EBITDA | $7.1B | $7.4B | $6.6B | $7.7B | $5.7B | $5.1B | $3.2B | $4.0B | $3.2B | $3.4B | $2.6B | $1.1B | $5.5B | $2.4B | $2.6B | $3.4B | $2.5B | $2.7B | $4.0B | $3.1B | $2.1B |
| Earnings Per Share (EPS) | $2.32 | $2.14 | $1.82 | $2.60 | $1.68 | $1.25 | $0.17 | $0.70 | $-0.16 | $2.62 | $-0.56 | $-0.76 | $2.83 | $0.63 | $1.26 | $0.63 | $-1.88 | $0.48 | $2.39 | $1.62 | $0.51 |
| Shares Outstanding (M) | 1,223M | 1,221M | 1,223M | 1,223M | 1,223M | 1,218M | 1,215M | 1,214M | 974M | 829M | 751M | 749M | 747M | 687M | 681M | 598M | 585M | 589M | 593M | 610M | 609M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.0B | $3.2B | $2.9B | $2.8B | $3.0B | $2.7B | $2.7B | $2.3B |
| Gross Profit | $2.5B | $1.5B | $2.5B | $1.1B | $1.8B | $1.6B | $1.6B | $1.4B |
| Gross Margin % | 82.1% | 46.8% | 83.9% | 38.1% | 59.7% | 56.7% | 58.9% | 58.0% |
| Operating Income (EBIT) | $1.3B | $1.3B | $1.1B | $887M | $1.1B | $793M | $838M | $696M |
| Operating Margin % | 43.6% | 40.9% | 37.9% | 32.0% | 35.9% | 28.9% | 31.6% | 29.8% |
| Net Income | $912M | $734M | $647M | $546M | $691M | $486M | $706M | $401M |
| Net Margin % | 30.1% | 22.9% | 22.1% | 19.7% | 22.7% | 17.7% | 26.6% | 17.2% |
| EBITDA | $1.5B | $2.0B | $1.9B | $1.7B | $1.9B | $1.5B | $1.9B | $1.4B |
| Earnings Per Share (EPS) | $0.75 | $0.60 | $0.53 | $0.45 | $0.57 | $0.40 | $0.58 | $0.33 |
| Shares Outstanding (M) | 1,223M | 1,222M | 1,222M | 1,222M | 1,221M | 1,224M | 1,220M | 1,222M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-03-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $6.1B | $5.9B | $5.0B | $5.9B | $4.9B | $3.9B | $3.5B | $3.7B | $3.3B | $2.6B | $3.7B | $2.7B | $2.1B | $2.2B | $1.8B | $3.4B | $2.7B | $2.6B | $3.4B | $2.2B | $1.9B |
| Capital Expenditures (CapEx) | $5.3B | $4.9B | $2.6B | $2.6B | $2.3B | $1.2B | $1.3B | $2.1B | $3.3B | $2.4B | $2.1B | $3.2B | $4.0B | $3.6B | $2.5B | $2.8B | $2.8B | $2.4B | $3.5B | $2.8B | $2.5B |
| Free Cash Flow (FCF) | $722M | $1.0B | $2.4B | $3.4B | $2.6B | $2.7B | $2.2B | $1.5B | $30M | $116M | $1.6B | ($489M) | ($1.9B) | ($1.4B) | ($694M) | $643M | ($137M) | $185M | ($120M) | ($579M) | ($620M) |
| FCF Margin % | 6.1% | 8.4% | 22.9% | 30.9% | 23.8% | 25.4% | 28.8% | 18.8% | 0.4% | 1.4% | 21.5% | -6.6% | -25.1% | -19.8% | -9.3% | 8.1% | -2.1% | 3.5% | -1.0% | -5.5% | -6.6% |
| Dividends Paid | $2.5B | $2.4B | $2.3B | $2.2B | $2.1B | $2.0B | $1.9B | $1.8B | $1.4B | $992M | $1.3B | $1.8B | $1.4B | $982M | $742M | $457M | $429M | $385M | $250M | $233M | $207M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $1.6B | $1.6B | $1.4B | $1.4B | $1.4B | $1.2B | $1.2B | $1.3B |
| Capital Expenditures (CapEx) | $1.4B | $2.1B | $954M | $972M | $1.0B | $873M | $682M | $579M |
| Free Cash Flow (FCF) | $244M | ($485M) | $485M | $478M | $421M | $345M | $561M | $700M |
| FCF Margin % | 8.1% | -15.2% | 16.6% | 17.3% | 13.8% | 12.6% | 21.1% | 30.0% |
| Dividends Paid | $642M | $610M | $611M | $611M | $610M | $579M | $579M | $579M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-03-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $59.6B | $58.6B | $54.5B | $52.6B | $48.4B | $47.6B | $44.2B | $46.0B | $45.3B | $46.4B | $46.8B | $49.0B | $50.6B | $27.1B | $24.3B | $16.5B | $25.0B | $25.3B | $26.0B | $25.1B | $25.4B |
| Cash & Cash Equivalents | $950M | $63M | $60M | $2.1B | $152M | $1.7B | $142M | $289M | $168M | $899M | $170M | $100M | $240M | $681M | $839M | $889M | $795M | $1.9B | $1.4B | $1.7B | $2.4B |
| Total Liabilities | $44.4B | $43.6B | $39.7B | $37.7B | $34.4B | $33.5B | $29.6B | $29.7B | $29.3B | $30.2B | $32.8B | $32.8B | $30.4B | $18.2B | $16.9B | $13.9B | $16.4B | $16.3B | $17.6B | $18.7B | $18.2B |
| Total Debt (Short + Long-Term) | $30.3B | $29.4B | $26.9B | $26.5B | $22.9B | $23.7B | $22.4B | $22.3B | $22.4B | $20.9B | $23.5B | $24.5B | $21.7B | $11.6B | $10.7B | $8.7B | $9.1B | $8.3B | $7.9B | $7.9B | $8.0B |
| Total Shareholders' Equity | $13.0B | $12.8B | $12.4B | $12.4B | $11.5B | $11.4B | $11.8B | $13.4B | $14.7B | $9.7B | $4.6B | $6.1B | $8.8B | $4.9B | $4.8B | $1.3B | $7.3B | $8.4B | $8.4B | $6.4B | $6.1B |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive WMB viewer.
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