Williams Companies Inc. (WMB) reported $15.43B of revenue for the twelve months ended Jun 30, 2026. That is up 10.1% from the year before. Revenue for fiscal 2025 was $14.90B.

Yes. Williams Companies Inc. earned $3.07B in net income for the twelve months ended Jun 30, 2026, a net margin of 19.9%.

How much cash and debt does WMB have?

Williams Companies Inc. reported $203.00M in cash and cash equivalents and $28.12B of debt on its most recent balance sheet in SEC filings.

How fast is WMB revenue growing?

Williams Companies Inc.'s revenue changed +17.9% in fiscal 2025, to $14.90B. Its compound annual growth rate was +14.1% over 5 years and +7.3% over 10 years.

What is WMB free cash flow?

Williams Companies Inc. generated -$108.00M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $5.99B less capital expenditures.

What is WMB earnings per share?

Diluted earnings per share were $2.51 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.

When did WMB last report financial results?

The latest statements here come from Williams Companies Inc.'s 10-Q filed on Aug 3, 2026, covering the period ended Jun 30, 2026.

Where does this WMB financial data come from?

Quantisnow builds these statements from the structured XBRL data Williams Companies Inc. files with the SEC. It is provided for information only and is not investment advice.

Financials · WMB

Williams Companies Inc. (WMB) financials

For the twelve months ended Jun 30, 2026, Williams Companies Inc. reported $15.43B of revenue and $3.07B of net income.

Revenue, TTM: $15.43B
Revenue growth, YoY: +10.1%
Net income, TTM: $3.07B
Net income growth, YoY: +26.5%
Net margin: 19.9%
Free cash flow, TTM: -$108.00M
EPS, diluted, TTM: $2.51
EPS growth, YoY: +26.8%
Cash: $203.00M
Total debt: $28.12B
P/E: 52.96
P/S: 10.55
Market cap: $162.73B

Annual revenue$14.90B

FY2016FY2025

Annual net income$2.62B

FY2016FY2025

Annual free cash flow$1.00B

FY2016FY2025

WMB revenue and earnings growth

WMB revenueQ2 2026$3.38B

Quarter YoY: +0.0%
QoQ: -28.4%
FY YoY: +17.9%
5Y CAGR: +14.1%
10Y CAGR: +7.3%

WMB revenue was $3.38B in fiscal Q2 2026 (ended Jun 30, 2026), up 0.0% from a year earlier and down 28.4% from the prior quarter. For the full fiscal 2025 it was $14.90B, up 17.9% from fiscal 2024. Compound annual growth was +14.1% over 5 years and +7.3% over 10 years. It rose in 7 of the last 10 fiscal years.

WMB net incomeQ2 2026$827.00M

Quarter YoY: +51.5%
QoQ: -4.4%
FY YoY: +17.7%
5Y CAGR: +65.5%

WMB net income was $827.00M in fiscal Q2 2026 (ended Jun 30, 2026), up 51.5% from a year earlier and down 4.4% from the prior quarter. For the full fiscal 2025 it was $2.62B, up 17.7% from fiscal 2024. Compound annual growth was +65.5% over 5 years. It rose in 4 of the last 6 fiscal years.

WMB EPSQ2 2026$0.68

Quarter YoY: +51.1%
QoQ: -2.9%
FY YoY: +17.6%
5Y CAGR: +66.0%

WMB diluted EPS was $0.68 in fiscal Q2 2026 (ended Jun 30, 2026), up 51.1% from a year earlier and down 2.9% from the prior quarter. For the full fiscal 2025 it was $2.14, up 17.6% from fiscal 2024. Compound annual growth was +66.0% over 5 years.

WMB free cash flowQ2 2026-$458.00M

FY YoY: -58.1%
5Y CAGR: -14.9%

WMB free cash flow was -$458.00M in fiscal Q2 2026 (ended Jun 30, 2026), compared with $478.00M a year earlier. For the full fiscal 2025 it was $1.00B, down 58.1% from fiscal 2024. Compound annual growth was -14.9% over 5 years. It rose in 4 of the last 9 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$14.90B	$12.63B	$12.00B	$17.77B	$12.78B	$7.72B	$8.20B	$8.69B	$8.03B	$7.50B
Selling, general and admin	$721.00M	$708.00M	$665.00M	$636.00M	$558.00M	$466.00M	$558.00M	$569.00M	$594.00M	$722.00M
Operating income	$4.20B	$3.34B	$4.31B	$3.02B	$2.63B	$2.20B	$1.92B	$768.00M	$927.00M	$689.00M
Interest expense	$1.44B	$1.36B	$1.24B	$1.15B	$1.18B	$1.17B	$1.19B	$1.11B	$1.08B	$1.18B
Pre-tax income	$3.63B	$2.99B	$4.41B	$2.54B	$2.07B	$277.00M	$1.06B	$331.00M	$535.00M	-$375.00M
Income tax	$857.00M	$640.00M	$1.00B	$425.00M	$511.00M	$79.00M	$335.00M	$138.00M	-$1.97B	-$25.00M
Net income	$2.62B	$2.23B	$3.18B	$2.05B	$1.52B	$211.00M	$850.00M	-$155.00M	$2.17B	-$424.00M
EPS, basic	$2.14	$1.82	$2.61	$1.68	$1.25	$0.17	$0.70	-$0.16	$2.63	-$0.57
EPS, diluted	$2.14	$1.82	$2.60	$1.67	$1.24	$0.17	$0.70	-$0.16	$2.62	-$0.57
Diluted shares	1.23B	1.22B	1.22B	1.22B	1.22B	1.22B	1.21B	973.6M	828.5M	750.7M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$63.00M	$60.00M	$2.15B	$152.00M	$1.68B	$142.00M	$289.00M	$168.00M	$899.00M	$170.00M
Receivables	$2.08B	$1.86B	$1.66B	$2.72B	$1.98B	$999.00M	$996.00M	$992.00M	$976.00M	$938.00M
Inventory	$314.00M	$279.00M	$274.00M	$320.00M	$379.00M	$136.00M	$125.00M	$130.00M	$113.00M	$138.00M
Current assets	$3.24B	$2.66B	$4.51B	$3.80B	$4.55B	$1.43B	$1.58B	$1.46B	$2.18B	$1.46B
Goodwill	$466.00M	$466.00M	$463.00M	$0	$0	-	$188.00M	$0	$47.00M	-
Total assets	$58.57B	$54.53B	$52.63B	$48.43B	$47.61B	$44.16B	$46.04B	$45.30B	$46.35B	$46.84B
Current liabilities	$6.11B	$5.31B	$5.83B	$4.89B	$4.97B	$2.32B	$3.97B	$1.81B	$2.65B	$2.95B
Long-term debt	$27.32B	$24.74B	$23.38B	$21.93B	$21.65B	$21.45B	$20.15B	$22.37B	$20.43B	$22.62B
Total debt	$27.32B	$24.74B	$23.38B	$21.93B	$21.65B	$21.45B	$20.15B	$22.37B	$20.43B	$22.62B
Total liabilities	$43.58B	$39.69B	$37.74B	$34.39B	$33.51B	$29.58B	$29.68B	$29.30B	$30.18B	$32.79B
Shareholders' equity	$12.81B	$14.84B	$14.89B	$14.04B	$14.10B	$14.58B	$16.36B	$16.00B	$16.18B	$14.05B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$5.90B	$4.97B	$5.94B	$4.89B	$3.94B	$3.50B	$3.69B	$3.29B	$3.09B	$4.16B
Capital expenditures	$4.89B	$2.57B	$2.52B	$2.25B	$1.24B	$1.24B	$2.11B	$3.26B	$2.40B	$2.05B
Free cash flow	$1.00B	$2.40B	$3.42B	$2.64B	$2.71B	$2.26B	$1.58B	$37.00M	$690.00M	$2.10B
Investing cash flow	-$5.49B	-$4.86B	-$3.89B	-$3.38B	-$1.47B	-$1.56B	-$2.83B	-$2.73B	$100.00M	-$891.00M
Financing cash flow	-$406.00M	-$2.20B	-$49.00M	-$3.04B	-$942.00M	-$2.08B	-$745.00M	-$1.30B	-$2.46B	-$3.19B
Dividends paid	$2.44B	$2.32B	$2.18B	$2.07B	$1.99B	$1.94B	$1.84B	$1.39B	$992.00M	$1.26B
Share repurchases	$0	$0	$130.00M	$9.00M	$0	-	-	-	-	-
Stock-based compensation	$93.00M	$99.00M	$77.00M	$73.00M	$81.00M	$52.00M	$57.00M	$55.00M	$78.00M	$73.00M
Depreciation and amortization	$2.35B	$2.22B	$2.07B	$2.01B	$1.84B	$1.72B	$1.71B	$1.73B	$1.74B	$1.76B

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	17.9%	5.3%	-32.5%	39.0%	65.6%	-5.9%	-5.6%	8.2%	7.1%	1.9%
Net income growth, YoY	17.7%	-30.0%	55.1%	35.1%	619.0%	-75.2%	-	-	-	-
EPS growth, YoY	17.6%	-30.0%	55.7%	34.7%	629.4%	-75.7%	-	-	-	-
Operating margin	28.2%	26.4%	35.9%	17.0%	20.6%	28.5%	23.4%	8.8%	11.5%	9.2%
Net margin	17.6%	17.6%	26.5%	11.5%	11.9%	2.7%	10.4%	-1.8%	27.1%	-5.7%
Free cash flow margin	6.7%	19.0%	28.5%	14.8%	21.2%	29.2%	19.3%	0.4%	8.6%	28.1%
Return on equity	20.4%	15.0%	21.3%	14.6%	10.8%	1.4%	5.2%	-1.0%	13.4%	-3.0%
Return on assets	4.5%	4.1%	6.0%	4.2%	3.2%	0.5%	1.8%	-0.3%	4.7%	-0.9%
Current ratio	0.53	0.50	0.77	0.78	0.91	0.62	0.40	0.81	0.82	0.50
Debt to equity	2.13	1.67	1.57	1.56	1.54	1.47	1.23	1.40	1.26	1.61

Income statement

Income statement
Line item	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023	Q3 2023 Sep 30, 2023
Revenue	$3.38B	$4.72B	$3.84B	$3.49B	$3.38B	$4.19B	$3.41B	$3.04B	$2.85B	$3.34B	$3.02B	$3.06B
Selling, general and admin	$180.00M	$193.00M	$191.00M	$168.00M	$168.00M	$194.00M	$188.00M	$170.00M	$164.00M	$186.00M	$182.00M	$146.00M
Operating income	$1.18B	$1.32B	$1.05B	$1.11B	$945.00M	$1.09B	$793.00M	$838.00M	$696.00M	$1.01B	$1.09B	$994.00M
Interest expense	$371.00M	$376.00M	$371.00M	$372.00M	$350.00M	$349.00M	$338.00M	$338.00M	$339.00M	$349.00M	$322.00M	$314.00M
Pre-tax income	$1.14B	$1.16B	$1.02B	$929.00M	$757.00M	$922.00M	$608.00M	$968.00M	$555.00M	$855.00M	$1.55B	$861.00M
Income tax	$260.00M	$244.00M	$244.00M	$246.00M	$174.00M	$193.00M	$91.00M	$227.00M	$129.00M	$193.00M	$370.00M	$176.00M
Net income	$827.00M	$865.00M	$734.00M	$647.00M	$546.00M	$691.00M	$486.00M	$706.00M	$401.00M	$632.00M	$1.14B	$654.00M
EPS, basic	$0.68	$0.71	$0.59	$0.53	$0.45	$0.57	$0.39	$0.58	$0.33	$0.52	$0.93	$0.54
EPS, diluted	$0.68	$0.70	$0.60	$0.53	$0.45	$0.56	$0.39	$0.58	$0.33	$0.52	$0.92	$0.54
Diluted shares	1.23B	1.23B	-	1.23B	1.22B	1.23B	-	1.22B	1.22B	1.22B	-	1.22B

Balance sheet

Balance sheet
Line item	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023	Q3 2023 Sep 30, 2023
Cash and equivalents	$203.00M	$950.00M	$63.00M	$70.00M	$903.00M	$100.00M	$60.00M	$762.00M	$55.00M	$667.00M	$2.15B	$2.07B
Receivables	$1.97B	$1.68B	$2.08B	$1.48B	$1.56B	$1.78B	$1.86B	$1.31B	$1.40B	$1.35B	$1.66B	$1.42B
Inventory	$335.00M	$262.00M	$314.00M	$339.00M	$335.00M	$249.00M	$279.00M	$275.00M	$274.00M	$239.00M	$274.00M	$266.00M
Current assets	$3.12B	$3.32B	$3.24B	$2.27B	$3.22B	$2.54B	$2.66B	$2.70B	$2.12B	$2.61B	$4.51B	$4.26B
Goodwill	-	-	$466.00M	-	-	-	$466.00M	-	-	-	$463.00M	-
Total assets	$60.61B	$59.57B	$58.57B	$55.74B	$56.14B	$54.92B	$54.53B	$53.84B	$52.41B	$52.75B	$52.63B	$50.79B
Current liabilities	$6.55B	$4.01B	$6.11B	$5.38B	$6.01B	$6.27B	$5.31B	$4.72B	$4.70B	$4.98B	$5.83B	$5.53B
Long-term debt	$28.12B	$30.05B	$27.32B	$25.59B	$25.60B	$24.12B	$24.74B	$24.82B	$24.10B	$24.10B	$23.38B	$22.77B
Total debt	$28.12B	$30.05B	$27.32B	$25.59B	$25.60B	$24.12B	$24.74B	$24.82B	$24.10B	$24.10B	$23.38B	$22.77B
Total liabilities	$45.24B	$44.41B	$43.58B	$40.88B	$41.34B	$40.06B	$39.69B	$38.97B	$37.66B	$37.82B	$37.74B	$36.45B
Shareholders' equity	$13.19B	$15.16B	$12.81B	$12.52B	$14.80B	$14.87B	$14.84B	$14.87B	$14.75B	$14.93B	$14.89B	$14.34B

Cash flow

Cash flow
Line item	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023	Q3 2023 Sep 30, 2023
Operating cash flow	$1.38B	$1.60B	$1.58B	$1.44B	$1.45B	$1.43B	$1.22B	$1.24B	$1.28B	$1.23B	$1.81B	$1.23B
Capital expenditures	$1.83B	$1.36B	$1.96B	$954.00M	$972.00M	$1.01B	$768.00M	$682.00M	$579.00M	$544.00M	$671.00M	$690.00M
Free cash flow	-$458.00M	$244.00M	-$379.00M	$485.00M	$478.00M	$421.00M	$450.00M	$561.00M	$700.00M	$690.00M	$1.14B	$544.00M
Investing cash flow	-$1.91B	-$884.00M	-$2.29B	-$1.01B	-$1.02B	-$1.17B	-$1.07B	-$737.00M	-$620.00M	-$2.44B	-$1.26B	-$343.00M
Financing cash flow	-$217.00M	$168.00M	$704.00M	-$1.26B	$377.00M	-$223.00M	-$850.00M	$201.00M	-$1.27B	-$281.00M	-$477.00M	$632.00M
Dividends paid	$642.00M	$642.00M	$610.00M	$611.00M	$611.00M	$610.00M	$579.00M	$579.00M	$579.00M	$579.00M	$544.00M	$544.00M
Share repurchases	-	-	-	-	-	-	$0	$0	$0	$0	$0	$0
Stock-based compensation	$17.00M	$22.00M	$23.00M	$21.00M	$19.00M	$30.00M	$30.00M	$21.00M	$24.00M	$24.00M	$18.00M	$19.00M
Depreciation and amortization	$592.00M	$584.00M	$593.00M	$564.00M	$605.00M	$585.00M	$565.00M	$566.00M	$540.00M	$548.00M	$529.00M	$521.00M

Key ratios

Key ratios
Line item	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023	Q3 2023 Sep 30, 2023
Revenue growth, YoY	0.0%	12.7%	12.7%	15.0%	18.7%	25.4%	12.9%	-0.8%	1.9%	7.1%	-26.8%	-38.4%
Net income growth, YoY	51.5%	25.2%	51.0%	-8.4%	36.2%	9.3%	-57.3%	8.0%	-12.8%	-31.8%	70.1%	9.0%
EPS growth, YoY	51.1%	25.0%	53.8%	-8.6%	36.4%	7.7%	-57.6%	7.4%	-13.2%	-31.6%	70.4%	10.2%
Operating margin	35.0%	28.0%	27.3%	31.8%	28.0%	26.1%	23.2%	27.6%	24.4%	30.3%	36.0%	32.5%
Net margin	24.5%	18.3%	19.1%	18.5%	16.2%	16.5%	14.2%	23.3%	14.1%	18.9%	37.7%	21.4%
Free cash flow margin	-13.6%	5.2%	-9.9%	13.9%	14.2%	10.1%	13.2%	18.5%	24.6%	20.7%	37.8%	17.8%
Current ratio	0.48	0.83	0.53	0.42	0.54	0.40	0.50	0.57	0.45	0.52	0.77	0.77
Debt to equity	2.13	1.98	2.13	2.04	1.73	1.62	1.67	1.67	1.63	1.61	1.57	1.59

Source: XBRL data Williams Companies Inc. files with the SEC, latest filing dated Aug 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

WMB peers

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WMB	$15.43B	+10.1%	$3.07B	19.9%	$162.73B
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NGGNational Grid Transco PLC National Grid PLC (NEW)	£17.69B	-3.8%	£3.24B	18.3%	$87.30B
EPDEnterprise Products Partners L.P.	$64.40B	+21.5%	$6.59B	10.2%	$79.86B
KMIKinder Morgan Inc.	$18.34B	+11.7%	$3.60B	19.6%	$66.73B
TRPTC Energy Corporation	C$15.24B	+10.7%	C$3.52B	23.1%	$61.92B
TRGPTarga Resources Inc.	$18.19B	+4.7%	$2.45B	13.5%	$56.74B
MPLXMPLX LP	$13.21B	+3.1%	$4.34B	32.9%	$56.64B
SREDBA Sempra	$13.55B	+1.6%	$1.96B	14.4%	$51.12B

WMB FAQ

8 questions

What is WMB revenue?
Williams Companies Inc. (WMB) reported $15.43B of revenue for the twelve months ended Jun 30, 2026. That is up 10.1% from the year before. Revenue for fiscal 2025 was $14.90B.
Is WMB profitable?
Yes. Williams Companies Inc. earned $3.07B in net income for the twelve months ended Jun 30, 2026, a net margin of 19.9%.
How much cash and debt does WMB have?
Williams Companies Inc. reported $203.00M in cash and cash equivalents and $28.12B of debt on its most recent balance sheet in SEC filings.
How fast is WMB revenue growing?
Williams Companies Inc.'s revenue changed +17.9% in fiscal 2025, to $14.90B. Its compound annual growth rate was +14.1% over 5 years and +7.3% over 10 years.
What is WMB free cash flow?
Williams Companies Inc. generated -$108.00M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $5.99B less capital expenditures.
What is WMB earnings per share?
Diluted earnings per share were $2.51 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
When did WMB last report financial results?
The latest statements here come from Williams Companies Inc.'s 10-Q filed on Aug 3, 2026, covering the period ended Jun 30, 2026.
Where does this WMB financial data come from?
Quantisnow builds these statements from the structured XBRL data Williams Companies Inc. files with the SEC. It is provided for information only and is not investment advice.