WMB
Williams Companies Inc. (The)Stock · EnergyS&P 500 Equal Weight 0.2% · S&P 500 0.1% · Russell 1000 0.1% · Russell 3000 0.1% · US Stock Market 0.1% · MSCI World 0.09% · MSCI ACWI 0.09%$72.85+0.04%
as of market close, Sep 11, 2026
☾ AH — —
WMB financial statements
The full income statement, balance sheet, and cash-flow statement for Williams Companies Inc. (The) (WMB), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 1.22B2024-09 1.22B2024-12 1.22B2025-03 1.22B2025-06 1.22B2025-09 1.22B2025-12 1.22B2026-03 1.22B2026-06 1.22B+0.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 14.9B+17.9% | 12.6B+5.3% | 12.0B-32.5% | 17.8B+39.0% | 12.8B+67.0% | |
| Selling, general & administrative | 721M+1.8% | 708M+6.5% | 665M+4.6% | 636M+14.0% | 558M+19.7% | |
| General & administrative | 721M+1.8% | 708M+6.5% | 665M | — | — | |
| Operating income | 4.20B+25.7% | 3.34B-22.5% | 4.31B+42.8% | 3.02B+14.7% | 2.63B+19.5% | |
| Interest expense | 1.44B+5.7% | 1.36B+10.4% | 1.24B+7.8% | 1.15B-2.7% | 1.18B+0.6% | |
| Interest & investment income | 40.0M-40.3% | 67.0M-15.2% | 79.0M+426.7% | 15.0M+114.3% | 7.00M | |
| Other non-operating income | 69.0M-36.1% | 108M+9.1% | 99.0M+450.0% | 18.0M+200.0% | 6.00M+114.0% | |
| Equity-method income | 760M+35.7% | 560M-4.9% | 589M-7.5% | 637M+4.8% | 608M+85.4% | |
| Pre-tax income | 3.63B+21.4% | 2.99B-32.2% | 4.41B+73.3% | 2.54B+22.6% | 2.07B+648.4% | |
| Income tax | 857M+33.9% | 640M-36.3% | 1.00B+136.5% | 425M-16.8% | 511M+546.8% | |
| 2.62B+17.7% | 2.23B-30.0% | 3.18B+55.1% | 2.05B+35.1% | 1.52B+619.0% | ||
| Income from continuing operations | — | — | 3.27B+60.0% | 2.05B+35.1% | 1.51B+627.9% | |
| Discontinued operations | 0.00 | 0.00+100.0% | -97.0M | 0.00 | 0.00 | |
| Net income to non-controlling interest | 150M+24.0% | 121M-2.4% | 124M+82.4% | 68.0M+51.1% | 45.0M+446.2% | |
| Net income to common | 2.62B+17.7% | 2.22B-30.0% | 3.18B+55.2% | 2.05B+35.1% | 1.51B+627.9% | |
| $2.14+17.6% | $1.82-30.0% | $2.60+55.7% | $1.67+34.7% | $1.24+629.4% | ||
| EPS (basic) | $2.14+17.6% | $1.82-30.3% | $2.61+55.4% | $1.68+34.4% | $1.25+635.3% | |
| Weighted-avg shares (basic) | 1.22B+0.2% | 1.22B+0.1% | 1.22B-0.0% | 1.22B+0.3% | 1.22B+0.1% | |
| Weighted-avg shares (diluted) | 1.23B+0.2% | 1.22B+0.0% | 1.22B+0.0% | 1.22B+0.4% | 1.22B+0.3% | |
| Dividends per share | $2.00+5.3% | $1.90+6.1% | $1.79+5.3% | $1.70+3.7% | $1.64+2.5% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.24B+21.9% | 2.66B-41.0% | 4.51B+18.9% | 3.80B-16.5% | 4.55B+218.3% | ||
| Cash & equivalents | 63.0M+5.0% | 60.0M-97.2% | 2.15B+1314.5% | 152M-91.0% | 1.68B+1083.1% | |
| Accounts receivable | 2.08B+11.9% | 1.86B+12.6% | 1.66B-39.2% | 2.72B+37.7% | 1.98B+98.0% | |
| Inventory | 314M+12.5% | 279M+1.8% | 274M-14.4% | 320M-15.6% | 379M+178.7% | |
| Other current assets | 256M+34.0% | 191M-2.1% | 195M-30.1% | 279M+32.2% | 211M+41.6% | |
| 58.6B+7.4% | 54.5B+3.6% | 52.6B+8.7% | 48.4B+1.7% | 47.6B+7.8% | ||
| Property, plant & equipment | 42.0B+8.5% | 38.7B+12.8% | 34.3B+11.1% | 30.9B+5.6% | 29.3B+1.1% | |
| Operating lease right-of-use | 170M+10.4% | 154M-3.1% | 159M-1.9% | 162M+1.9% | 159M-12.6% | |
| Goodwill | 466M+0.0% | 466M+0.6% | 463M | 0.00 | 0.00 | |
| Other non-current assets | 2.01B+9.9% | 1.83B+16.3% | 1.57B+19.3% | 1.32B+3.4% | 1.28B+6.0% | |
| 6.11B+14.9% | 5.31B-8.9% | 5.83B+19.2% | 4.89B-1.6% | 4.97B+114.4% | ||
| Accounts payable | 2.22B+37.9% | 1.61B+17.0% | 1.38B-40.7% | 2.33B+33.3% | 1.75B+262.2% | |
| Accrued liabilities | — | — | 1.28B+1.1% | 1.27B+22.7% | 1.03B+9.6% | |
| Deferred revenue | — | 170M+6.9% | 159M+12.8% | 141M+5.2% | 134M+3.9% | |
| Short-term & current debt | 1.34B-21.8% | 1.72B-26.4% | 2.34B+272.7% | 627M-69.0% | 2.02B+126.8% | |
| Current lease liability | — | 26.0M+8.3% | 24.0M-4.0% | 25.0M+8.7% | 23.0M-17.9% | |
| Other current liabilities | 1.64B+20.5% | 1.36B+5.9% | 1.28B | — | — | |
| Long-term debt | 27.3B+10.4% | 24.7B+5.8% | 23.4B+6.6% | 21.9B+1.3% | 21.6B+0.9% | |
| Non-current lease liability | 151M+6.3% | 142M-4.1% | 148M+0.0% | 148M+5.0% | 141M-12.4% | |
| Operating lease liability (total) | 183M+8.9% | 168M | — | — | — | |
| 12.8B+3.0% | 12.4B+0.3% | 12.4B+8.0% | 11.5B+0.5% | 11.4B-2.9% | ||
| Preferred stock | 35.0M+0.0% | 35.0M+0.0% | 35.0M+0.0% | 35.0M+0.0% | 35.0M+0.0% | |
| Common stock | 1.26B+0.2% | 1.26B+0.2% | 1.26B+0.2% | 1.25B+0.2% | 1.25B+0.2% | |
| Additional paid-in capital | 24.8B+0.6% | 24.6B+0.3% | 24.6B+0.1% | 24.5B+0.4% | 24.4B+0.3% | |
| Retained earnings | -12.2B+1.3% | -12.4B-0.9% | -12.3B+7.4% | -13.3B-0.3% | -13.2B-3.8% | |
| Treasury stock | 1.18B+0.0% | 1.18B+0.0% | 1.18B+12.4% | 1.05B+0.9% | 1.04B+0.0% | |
| Accumulated other comprehensive income | 127M+67.1% | 76.0M | 0.00+100.0% | -24.0M+27.3% | -33.0M+65.6% | |
| Non-controlling interest | 2.19B-9.0% | 2.40B-3.4% | 2.49B-2.8% | 2.56B-4.4% | 2.68B-4.8% | |
| Total equity incl. non-controlling | 15.0B+1.0% | 14.8B-0.3% | 14.9B+6.0% | 14.0B-0.4% | 14.1B-3.3% | |
| Total liabilities & equity | 58.6B+7.4% | 54.5B+3.6% | 52.6B+8.7% | 48.4B+1.7% | 47.6B+7.8% | |
| Common shares issued | 1.26B+0.2% | 1.26B+0.2% | 1.26B+0.2% | 1.25B+0.2% | 1.25B+0.2% | |
| Shares outstanding (cover) | 1.22B+0.2% | 1.22B+0.2% | 1.22B-0.1% | 1.22B+0.2% | 1.22B+0.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 5.90B+18.6% | 4.97B-16.2% | 5.94B+21.5% | 4.89B+23.9% | 3.94B+12.8% | ||
| Depreciation & amortization | 2.35B+5.8% | 2.22B+7.1% | 2.07B+3.1% | 2.01B+9.1% | 1.84B+7.0% | |
| Share-based compensation | 93.0M-6.1% | 99.0M+28.6% | 77.0M+5.5% | 73.0M-9.9% | 81.0M+55.8% | |
| Deferred income taxes | 744M+47.0% | 506M-48.4% | 981M+127.6% | 431M-15.3% | 509M+371.3% | |
| Change in inventory | 45.0M+400.0% | 9.00M+169.2% | -13.0M-111.8% | 110M-20.9% | 139M+396.4% | |
| Change in payables | 115M-17.3% | 139M+113.8% | -1.01B-346.1% | 410M-36.2% | 643M+9285.7% | |
| Other operating activities | -213M+13.1% | -245M-8.4% | -226M-4.6% | -216M-21700.0% | 1.00M+200.0% | |
| -5.49B-12.9% | -4.86B-25.0% | -3.89B-15.3% | -3.38B-130.4% | -1.47B+6.0% | ||
| Capital expenditure | 4.89B+90.2% | 2.57B+2.3% | 2.52B+11.7% | 2.25B+81.8% | 1.24B+0.0% | |
| Free cash flow | 1.00B-58.1% | 2.40B-29.8% | 3.42B+29.8% | 2.64B-2.6% | 2.71B+19.9% | |
| Acquisitions | 1.00M-100.0% | 2.24B+43.1% | 1.57B+68.1% | 933M+517.9% | 151M | |
| Other investing activities | -22.0M-83.3% | -12.0M+69.2% | -39.0M-457.1% | -7.00M+85.4% | -48.0M-860.0% | |
| -406M+81.6% | -2.20B-4391.8% | -49.0M+98.4% | -3.04B-222.9% | -942M+54.8% | ||
| Long-term debt issued | 4.94B+37.5% | 3.59B+30.5% | 2.75B+57.0% | 1.75B-18.6% | 2.15B-44.7% | |
| Long-term debt repaid | 2.83B-4.0% | 2.95B+364.7% | 634M-78.0% | 2.88B+221.7% | 894M-76.7% | |
| Common stock issued | 9.00M-10.0% | 10.0M+66.7% | 6.00M-88.9% | 54.0M+500.0% | 9.00M+0.0% | |
| Common stock repurchased | 0.00 | 0.00-100.0% | 130M+1344.4% | 9.00M | 0.00 | |
| Dividends paid | 2.44B+5.4% | 2.32B+6.3% | 2.18B+5.2% | 2.07B+4.0% | 1.99B+2.6% | |
| Other financing activities | -63.0M-75.0% | -36.0M-71.4% | -21.0M+43.2% | -37.0M-131.3% | -16.0M-23.1% | |
| Net change in cash | 3.00M+100.1% | -2.09B-204.6% | 2.00B+230.8% | -1.53B-199.3% | 1.54B+1146.3% | |
| Interest paid | — | — | 1.15B+3.1% | 1.12B-1.8% | 1.14B-1.0% | |
| Income taxes paid | 162M+138.2% | 68.0M+119.4% | 31.0M+138.5% | 13.0M | — | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 73.4B+11.3% | 66.0B+55.7% | 42.4B+5.7% | 40.1B+26.6% | 31.7B+30.1% | |
| P/E | 28.0×-5.4% | 29.7×+89.7% | 15.6×-21.9% | 20.0×-4.0% | 20.9×-81.9% | |
| P/S | 4.9×-5.7% | 5.2×+61.5% | 3.2×+43.5% | 2.3×-9.0% | 2.5×-22.1% | |
| P/B | 5.7×+8.0% | 5.3×+48.3% | 3.6×+1.0% | 3.5×+27.8% | 2.8×+34.0% | |
| P/FCF | 73.1×+165.8% | 27.5×+74.7% | 15.7×+20.9% | 13.0×+11.3% | 11.7×+8.5% | |
| Earnings yield | 3.6%+5.7% | 3.4%-47.3% | 6.4%+28.1% | 5.0%+4.2% | 4.8%+452.8% | |
| FCF yield | 1.4%-62.4% | 3.6%-42.8% | 6.4%-17.3% | 7.7%-10.1% | 8.5%-7.8% | |
| Dividend yield | 3.3%-5.2% | 3.5%-31.7% | 5.1%-0.5% | 5.2%-18.0% | 6.3%-21.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: WMB’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all WMB filings on SEC EDGAR → Not investment advice.