Williams (WMB) financial statements
+16.7%since 2007
- FY2025 revenue
- $12.0B▲ +13.8%
- FY2025 net income
- $2.6B▲ +17.7%
- FY2025 diluted EPS
- $2.14▲ +17.6%
- FY2025 free cash flow
- $1.0B▼ −58.1%
Williams income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 11,950 | 10,503 | 10,907 |
| Operating income | 4,196 | 3,339 | 4,311 |
| Pretax income | 3,625 | 2,986 | 4,405 |
| Net income | 2,618 | 2,225 | 3,179 |
| Diluted earnings per share | 2.14 | 1.82 | 2.60 |
Williams balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 63 | 60 | 2,150 |
| Total assets | 58,573 | 54,532 | 52,627 |
| Total liabilities (derived) | 43,578 | 39,692 | 37,736 |
| Total equity | 14,995 | 14,840 | 14,891 |
| Long-term debt | 27,316 | 24,736 | 23,376 |
Williams cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 5,898 | 4,974 | 5,938 |
| Capital expenditure | -4,893 | -2,573 | -2,516 |
| Free cash flow (derived) | 1,005 | 2,401 | 3,422 |
| Dividends paid | -2,442 | -2,316 | -2,179 |
| Share repurchases | 0 | 0 | -130 |
Quarterly highlights
| USD millions | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Period ended | 30 Jun 2026 | 31 Mar 2026 | 31 Dec 2025 | 30 Sep 2025 |
| Revenue (derived) | 3,053 | 3,030 | 3,198 | 2,923 |
| Operating income (derived) | 1,182 | 1,321 | 1,048 | 1,109 |
| Net income (derived) | 827 | 865 | 734 | 647 |
| Diluted earnings per share | 0.68 | 0.70 | n/a | 0.53 |
| Operating cash flow (derived) | 1,376 | 1,603 | 1,576 | 1,439 |
| Total assets | 60,610 | 59,569 | 58,573 | 55,736 |
Williams major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| BlackRock, Inc. | 8.3% | 100,743,792 | 24 April 2025 |
| Vanguard Capital Management | 7.5% | 92,223,195 | 30 April 2026 |
| STATE STREET CORPORATION | 5.5% | 66,688,568 | 10 November 2025 |
Williams 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 2 November 2026 | 8-K | Current report | Current report |
| 2 November 2026 | 10-Q | Quarterly report | Quarterly report |
| 2 November 2026 | 8-K | Current report | Current report |
| 10 September 2026 | 8-K | Current report | Current report |
| 10 September 2026 | 8-K | Current report | Current report |
| 3 September 2026 | 8-K | Current report | Current report |
| 21 August 2026 | 8-K | Current report | Current report |
| 3 August 2026 | 10-Q | Quarterly report | Quarterly report |
Common questions
What was Williams' revenue in fiscal 2025?
Williams reported $12.0 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 13.8% from fiscal 2024.
What was Williams' net income in fiscal 2025?
Williams reported net income of $2.6 billion for fiscal 2025, the year ended 31 December 2025, up 17.7% from fiscal 2024. Diluted earnings per share were $2.14.
What was Williams' free cash flow in fiscal 2025?
Williams had $1.0 billion in free cash flow in fiscal 2025. Operating cash flow was $5.9 billion and capital expenditure was $4.9 billion.
What were Williams' total assets at the end of fiscal 2025?
Williams reported total assets of $58.6 billion at the end of fiscal 2025, the year ended 31 December 2025.
How much Williams history do I get?
Every account gets the full history, annual and quarterly, with first reported values and as of dates.
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