The Williams Companies (WMB) Stock: Charts & Financials

The Williams Companies, Inc. (WMB)WMBThe Williams Companies, Inc.

About The Williams Companies, Inc.

The Williams Companies, Inc., alongside its subsidiaries, operates as a prominent energy infrastructure entity, primarily conducting business throughout the United States. The company’s operations are organized into four key segments: Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services. The Transmission & Gulf of Mexico division manages crucial natural gas pipelines such as Transco and Northwest, in addition to natural gas gathering and processing, and crude oil production handling and transportation assets situated in the Gulf Coast. This segment also oversees various petrochemical and feedstock pipelines. Focusing on midstream activities, the Northeast G&P segment handles gathering, processing, and fractionation within the Marcellus Shale region, predominantly in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment delivers gas gathering, processing, and treating services across the Rocky Mountain areas of Colorado and Wyoming, the Barnett Shale in north-central Texas, the Eagle Ford Shale in South Texas, the Haynesville Shale in northwest Louisiana, and the expansive Mid-Continent region (including the Anadarko, Arkoma, and Permian basins). This segment also operates natural gas liquid (NGL) fractionation and storage facilities located near Conway in central Kansas. The Gas & NGL Marketing Services segment provides comprehensive wholesale marketing, trading, storage, and transportation of natural gas to utilities, municipalities, power generators, and producers, while also offering risk and asset management and NGL marketing services. The company possesses and operates an extensive network, including 30,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and an approximate NGL storage capacity of 23 million barrels. The Williams Companies, Inc. was established in 1908 and maintains its headquarters in Tulsa, Oklahoma.

Tulsa, OK

5,987 employees

www.williams.com

Energy / Oil & Gas Midstream

Sector: Energy
Industry: Oil & Gas Midstream
CEO: Chad J. Zamarin

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Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	11.92B	3.03B	3.20B	2.92B	2.77B	3.05B	2.74B	2.65B	2.34B
Cost of Goods Sold	4.43B	543.00M	1.70B	471.00M	1.72B	1.23B	1.19B	1.09B	981.00M
Gross Profit	7.49B	2.49B	1.50B	2.45B	1.05B	1.82B	1.56B	1.56B	1.35B
Gross Profit Margin	62.8%	82.1%	46.8%	83.9%	38.1%	59.7%	56.7%	58.9%	58.0%
Total Operating Expenses	2.87B	1.17B	191.00M	1.34B	168.00M	726.00M	763.00M	725.00M	659.00M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	720.00M	193.00M	191.00M	168.00M	168.00M	194.00M	188.00M	170.00M	164.00M
Operating Income (EBIT)	4.62B	1.32B	1.31B	1.11B	887.00M	1.09B	793.00M	838.00M	696.00M
Operating Margin	38.8%	43.6%	40.9%	37.9%	32.0%	35.9%	28.9%	31.6%	29.8%
Income Before Tax (EBT)	3.86B	1.16B	1.02B	929.00M	757.00M	922.00M	608.00M	968.00M	555.00M
Interest Income	15.00M	N/A	11.00M	N/A	4.00M	N/A	11.00M	N/A	N/A
Interest Expense	1.47B	376.00M	371.00M	372.00M	350.00M	349.00M	338.00M	338.00M	339.00M
Other Income/Expense	-765.00M	-165.00M	-290.00M	-180.00M	-130.00M	-172.00M	-185.00M	130.00M	-141.00M
Net Income	2.84B	912.00M	734.00M	647.00M	546.00M	691.00M	486.00M	706.00M	401.00M
Income Tax Expense	908.00M	244.00M	244.00M	246.00M	174.00M	193.00M	91.00M	227.00M	129.00M
Net Profit Margin	23.8%	30.1%	23.0%	22.1%	19.7%	22.7%	17.7%	26.6%	17.2%
EBITDA	6.76B	1.70B	1.88B	1.67B	1.52B	1.68B	1.36B	1.40B	1.24B
EBITDA Margin	56.7%	56.0%	58.7%	57.2%	54.7%	55.1%	49.5%	52.9%	52.9%
Depreciation & Amortization	2.14B	376.00M	569.00M	564.00M	629.00M	585.00M	565.00M	566.00M	540.00M
EPS Basic	2.29	0.71	0.60	0.53	0.45	0.57	0.40	0.58	0.33
EPS Diluted	2.29	0.71	0.60	0.53	0.45	0.57	0.40	0.58	0.33
Shares Outstanding	1.22B	1.22B	1.22B	1.22B	1.22B	1.22B	1.22B	1.22B	1.22B
Diluted Shares Outstanding	1.22B	1.22B	1.22B	1.22B	1.22B	1.22B	1.22B	1.22B	1.22B

Quarterly Report

TTM

Quarter ended Mar 2026

Quarter ended Dec 2025

Quarter ended Sep 2025

Quarter ended Jun 2025

Quarter ended Mar 2025

Quarter ended Dec 2024

Quarter ended Sep 2024

Quarter ended Jun 2024

Revenue

11.92B

3.03B

3.20B

2.92B

2.77B

3.05B

2.74B

2.65B

2.34B

Cost of Goods Sold

4.43B

543.00M

1.70B

471.00M

1.72B

1.23B

1.19B

1.09B

981.00M

Gross Profit

7.49B

2.49B

1.50B

2.45B

1.05B

1.82B

1.56B

1.35B

Gross Profit Margin

62.8%

82.1%

46.8%

83.9%

38.1%

59.7%

56.7%

58.9%

58.0%

Total Operating Expenses

2.87B

1.17B

191.00M

1.34B

168.00M

726.00M

763.00M

725.00M

659.00M

Research & Development

N/A

Selling, General & Administrative

720.00M

193.00M

191.00M

168.00M

194.00M

188.00M

170.00M

164.00M

Operating Income (EBIT)

4.62B

1.32B

1.31B

1.11B

887.00M

1.09B

793.00M

838.00M

696.00M

Operating Margin

38.8%

43.6%

40.9%

37.9%

32.0%

35.9%

28.9%

31.6%

29.8%

Income Before Tax (EBT)

3.86B

1.16B

1.02B

929.00M

757.00M

922.00M

608.00M

968.00M

555.00M

Interest Income

15.00M

N/A

11.00M

N/A

4.00M

N/A

11.00M

N/A

Interest Expense

1.47B

376.00M

371.00M

372.00M

350.00M

349.00M

338.00M

339.00M

Other Income/Expense

-765.00M

-165.00M

-290.00M

-180.00M

-130.00M

-172.00M

-185.00M

130.00M

-141.00M

Net Income

2.84B

912.00M

734.00M

647.00M

546.00M

691.00M

486.00M

706.00M

401.00M

Income Tax Expense

908.00M

244.00M

246.00M

174.00M

193.00M

91.00M

227.00M

129.00M

Net Profit Margin

23.8%

30.1%

23.0%

22.1%

19.7%

22.7%

17.7%

26.6%

17.2%

EBITDA

6.76B

1.70B

1.88B

1.67B

1.52B

1.68B

1.36B

1.40B

1.24B

EBITDA Margin

56.7%

56.0%

58.7%

57.2%

54.7%

55.1%

49.5%

52.9%

Depreciation & Amortization

2.14B

376.00M

569.00M

564.00M

629.00M

585.00M

565.00M

566.00M

540.00M

EPS Basic

2.29

0.71

0.60

0.53

0.45

0.57

0.40

0.58

0.33

EPS Diluted

2.29

0.71

0.60

0.53

0.45

0.57

0.40

0.58

0.33

Shares Outstanding

1.22B

Diluted Shares Outstanding

1.22B

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	11.95B	10.50B	10.91B	10.96B	10.63B	7.72B	8.20B	8.69B
Cost of Goods Sold	6.83B	4.34B	4.11B	5.47B	5.87B	3.33B	3.78B	4.57B
Gross Profit	5.12B	6.17B	6.80B	5.50B	4.75B	4.38B	4.42B	4.12B
Gross Profit Margin	42.9%	58.7%	62.4%	50.2%	44.7%	56.8%	53.9%	47.4%
Total Operating Expenses	721.00M	2.83B	2.49B	2.48B	2.12B	2.18B	2.50B	3.35B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	721.00M	708.00M	665.00M	636.00M	558.00M	466.00M	558.00M	569.00M
Operating Income (EBIT)	4.40B	3.34B	4.31B	3.02B	2.63B	2.20B	1.92B	768.00M
Operating Margin	36.8%	31.8%	39.5%	27.5%	24.8%	28.5%	23.4%	8.8%
Income Before Tax (EBT)	3.63B	2.99B	4.41B	2.54B	2.07B	277.00M	1.06B	331.00M
Interest Income	42.00M	67.00M	79.00M	15.00M	7.00M	N/A	N/A	N/A
Interest Expense	1.44B	1.36B	1.24B	1.15B	1.18B	1.17B	1.19B	1.11B
Other Income/Expense	-776.00M	-353.00M	94.00M	-476.00M	-558.00M	-1.93B	-857.00M	-437.00M
Net Income	2.62B	2.23B	3.18B	2.05B	1.52B	211.00M	850.00M	-155.00M
Income Tax Expense	857.00M	640.00M	1.00B	425.00M	511.00M	79.00M	335.00M	138.00M
Net Profit Margin	21.9%	21.2%	29.1%	18.7%	14.3%	2.7%	10.4%	-1.8%
EBITDA	6.75B	5.56B	6.38B	5.03B	4.47B	3.92B	3.63B	2.49B
EBITDA Margin	56.5%	52.9%	58.5%	45.8%	42.1%	50.8%	44.3%	28.7%
Depreciation & Amortization	2.35B	2.22B	2.07B	2.01B	1.84B	1.72B	1.71B	1.73B
EPS Basic	2.14	1.82	2.61	1.68	1.25	0.17	0.70	-0.16
EPS Diluted	2.14	1.82	2.60	1.67	1.24	0.17	0.70	-0.16
Shares Outstanding	1.22B	1.22B	1.22B	1.22B	1.22B	1.21B	1.21B	973.63M
Diluted Shares Outstanding	1.22B	1.22B	1.22B	1.22B	1.22B	1.22B	1.21B	973.63M

Annual Report

12/31/2025

12/31/2024

12/31/2023

12/31/2022

12/31/2021

12/31/2020

12/31/2019

12/31/2018

Revenue

11.95B

10.50B

10.91B

10.96B

10.63B

7.72B

8.20B

8.69B

Cost of Goods Sold

6.83B

4.34B

4.11B

5.47B

5.87B

3.33B

3.78B

4.57B

Gross Profit

5.12B

6.17B

6.80B

5.50B

4.75B

4.38B

4.42B

4.12B

Gross Profit Margin

42.9%

58.7%

62.4%

50.2%

44.7%

56.8%

53.9%

47.4%

Total Operating Expenses

721.00M

2.83B

2.49B

2.48B

2.12B

2.18B

2.50B

3.35B

Research & Development

N/A

Selling, General & Administrative

721.00M

708.00M

665.00M

636.00M

558.00M

466.00M

558.00M

569.00M

Operating Income (EBIT)

4.40B

3.34B

4.31B

3.02B

2.63B

2.20B

1.92B

768.00M

Operating Margin

36.8%

31.8%

39.5%

27.5%

24.8%

28.5%

23.4%

8.8%

Income Before Tax (EBT)

3.63B

2.99B

4.41B

2.54B

2.07B

277.00M

1.06B

331.00M

Interest Income

42.00M

67.00M

79.00M

15.00M

7.00M

N/A

Interest Expense

1.44B

1.36B

1.24B

1.15B

1.18B

1.17B

1.19B

1.11B

Other Income/Expense

-776.00M

-353.00M

94.00M

-476.00M

-558.00M

-1.93B

-857.00M

-437.00M

Net Income

2.62B

2.23B

3.18B

2.05B

1.52B

211.00M

850.00M

-155.00M

Income Tax Expense

857.00M

640.00M

1.00B

425.00M

511.00M

79.00M

335.00M

138.00M

Net Profit Margin

21.9%

21.2%

29.1%

18.7%

14.3%

2.7%

10.4%

-1.8%

EBITDA

6.75B

5.56B

6.38B

5.03B

4.47B

3.92B

3.63B

2.49B

EBITDA Margin

56.5%

52.9%

58.5%

45.8%

42.1%

50.8%

44.3%

28.7%

Depreciation & Amortization

2.35B

2.22B

2.07B

2.01B

1.84B

1.72B

1.71B

1.73B

EPS Basic

2.14

1.82

2.61

1.68

1.25

0.17

0.70

-0.16

EPS Diluted

2.14

1.82

2.60

1.67

1.24

0.17

0.70

-0.16

Shares Outstanding

1.22B

1.21B

973.63M

Diluted Shares Outstanding

1.22B

1.21B

973.63M

Income Statement

Quarterly Income Statement (USD)

Annual Income Statement (USD)