The Williams Companies, Inc. (LON:0LXB)

The Williams Companies Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	11,582	10,753	9,951	11,352	10,775	7,724
Revenue Growth (YoY)	11.73%	8.06%	-12.34%	5.36%	39.50%	-5.79%
Cost of Revenue	4,491	4,297	4,019	5,274	5,580	2,939
Gross Profit	7,091	6,456	5,932	6,078	5,195	4,785
Selling, General & Admin	682	672	631	627	550	477
Other Operating Expenses	113	190	-986	415	164	27
Operating Expenses	3,114	3,081	1,716	3,051	2,556	2,225
Operating Income	3,977	3,375	4,216	3,027	2,639	2,560
Interest Expense	-1,409	-1,364	-1,236	-1,147	-1,179	-1,172
Interest & Investment Income	42	343	108	16	7	8
Earnings From Equity Investments	578	560	589	637	608	328
Other Non Operating Income (Expenses)	43	87	87	17	3	-8
EBT Excluding Unusual Items	3,231	3,001	3,764	2,550	2,078	1,716
Merger & Restructuring Charges	-15	-15	-22	-8	-5	-
Impairment of Goodwill	-	-	-	-	-	-187
Gain (Loss) on Sale of Investments	-	-	-	-	-	-1,046
Gain (Loss) on Sale of Assets	-	-	129	-	-	-
Asset Writedown	-	-	-	-	-	-182
Legal Settlements	-	-	534	-	-	-24
Pretax Income	3,216	2,986	4,405	2,542	2,073	277
Income Tax Expense	704	640	1,005	425	511	79
Earnings From Continuing Operations	2,512	2,346	3,400	2,117	1,562	198
Earnings From Discontinued Operations	-	-	-97	-	-	-
Net Income to Company	2,512	2,346	3,303	2,117	1,562	198
Minority Interest in Earnings	-142	-121	-124	-68	-45	13
Net Income	2,370	2,225	3,179	2,049	1,517	211
Preferred Dividends & Other Adjustments	3	3	3	3	3	3
Net Income to Common	2,367	2,222	3,176	2,046	1,514	208
Net Income Growth	-17.62%	-30.01%	55.15%	35.07%	618.96%	-75.18%
Shares Outstanding (Basic)	1,221	1,219	1,218	1,218	1,215	1,214
Shares Outstanding (Diluted)	1,224	1,223	1,223	1,223	1,218	1,215
Shares Change (YoY)	0.18%	0.02%	0.00%	0.37%	0.25%	0.10%
EPS (Basic)	1.94	1.82	2.61	1.68	1.25	0.17
EPS (Diluted)	1.94	1.82	2.60	1.67	1.24	0.17
EPS Growth	-17.59%	-30.02%	55.73%	34.68%	629.41%	-75.63%
Free Cash Flow	1,722	2,296	3,371	2,606	2,698	2,221
Free Cash Flow Per Share	1.41	1.88	2.76	2.13	2.21	1.83
Dividend Per Share	1.975	1.900	1.790	1.700	1.640	1.600
Dividend Growth	5.47%	6.14%	5.29%	3.66%	2.50%	5.26%
Gross Margin	61.22%	60.04%	59.61%	53.54%	48.21%	61.95%
Operating Margin	34.34%	31.39%	42.37%	26.66%	24.49%	33.14%
Profit Margin	20.44%	20.66%	31.92%	18.02%	14.05%	2.69%
Free Cash Flow Margin	14.87%	21.35%	33.88%	22.96%	25.04%	28.75%
EBITDA	6,296	5,594	6,287	5,036	4,481	4,281
EBITDA Margin	54.36%	52.02%	63.18%	44.36%	41.59%	55.43%
D&A For EBITDA	2,319	2,219	2,071	2,009	1,842	1,721
EBIT	3,977	3,375	4,216	3,027	2,639	2,560
EBIT Margin	34.34%	31.39%	42.37%	26.66%	24.49%	33.14%
Effective Tax Rate	21.89%	21.43%	22.81%	16.72%	24.65%	28.52%
Revenue as Reported	11,495	10,503	10,907	10,965	10,627	7,719

Source: S&P Global Market Intelligence. Standard template. Financial Sources.