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

The Williams Companies Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 29, 2024	Dec 30, 2023	Dec 30, 2022	Dec 30, 2021	Dec 30, 2020	Dec 30, 2019
Revenue	10,366	9,951	11,352	10,775	7,724	8,199
Revenue Growth (YoY)	0.60%	-12.34%	5.35%	39.50%	-5.79%	-5.61%
Cost of Revenue	4,075	4,019	5,274	5,580	2,939	3,534
Gross Profit	6,291	5,932	6,078	5,195	4,785	4,665
Selling, General & Admin	668	630	627	550	477	558
Other Operating Expenses	-228	-986	415	164	27	8
Operating Expenses	2,623	1,715	3,051	2,556	2,225	2,280
Operating Income	3,668	4,217	3,027	2,639	2,560	2,385
Interest Expense	-1,348	-1,236	-1,147	-1,179	-1,172	-1,186
Interest & Investment Income	395	108	16	7	8	107
Earnings From Equity Investments	586	589	637	608	328	375
Other Non Operating Income (Expenses)	113	87	17	3	-8	37
EBT Excluding Unusual Items	3,414	3,765	2,550	2,078	1,716	1,718
Merger & Restructuring Charges	-22	-23	-8	-5	-	-4
Impairment of Goodwill	-	-	-	-	-187	-
Gain (Loss) on Sale of Investments	-	-	-	-	-1,046	-186
Gain (Loss) on Sale of Assets	-1	129	-	-	-	-
Asset Writedown	-	-	-	-	-182	-464
Legal Settlements	534	534	-	-	-24	-
Pretax Income	3,925	4,405	2,542	2,073	277	1,064
Income Tax Expense	919	1,005	425	511	79	335
Earnings From Continuing Operations	3,006	3,400	2,117	1,562	198	729
Earnings From Discontinued Operations	-9	-97	-	-	-	-15
Net Income to Company	2,997	3,303	2,117	1,562	198	714
Minority Interest in Earnings	-120	-124	-68	-45	13	136
Net Income	2,877	3,179	2,049	1,517	211	850
Preferred Dividends & Other Adjustments	3	3	3	3	3	3
Net Income to Common	2,874	3,176	2,046	1,514	208	847
Net Income Growth	6.16%	55.15%	35.07%	618.96%	-75.18%	-
Shares Outstanding (Basic)	1,219	1,218	1,218	1,215	1,214	1,212
Shares Outstanding (Diluted)	1,223	1,223	1,223	1,218	1,215	1,214
Shares Change (YoY)	-0.04%	0.00%	0.37%	0.25%	0.10%	24.69%
EPS (Basic)	2.36	2.61	1.68	1.25	0.17	0.70
EPS (Diluted)	2.35	2.60	1.67	1.24	0.17	0.70
EPS Growth	6.56%	55.73%	34.68%	629.41%	-75.63%	-
Free Cash Flow	3,002	3,371	2,606	2,698	2,221	1,544
Free Cash Flow Per Share	2.46	2.76	2.13	2.21	1.83	1.27
Dividend Per Share	1.873	1.790	1.700	1.640	1.600	1.520
Dividend Growth	5.94%	5.29%	3.66%	2.50%	5.26%	11.76%
Gross Margin	60.69%	59.61%	53.54%	48.21%	61.95%	56.90%
Operating Margin	35.38%	42.38%	26.66%	24.49%	33.14%	29.09%
Profit Margin	27.73%	31.92%	18.02%	14.05%	2.69%	10.33%
Free Cash Flow Margin	28.96%	33.88%	22.96%	25.04%	28.75%	18.83%
EBITDA	5,851	6,288	5,036	4,481	4,281	4,099
EBITDA Margin	56.44%	63.19%	44.36%	41.59%	55.42%	49.99%
D&A For EBITDA	2,183	2,071	2,009	1,842	1,721	1,714
EBIT	3,668	4,217	3,027	2,639	2,560	2,385
EBIT Margin	35.38%	42.38%	26.66%	24.49%	33.14%	29.09%
Effective Tax Rate	23.41%	22.81%	16.72%	24.65%	28.52%	31.48%
Revenue as Reported	10,544	10,907	10,965	10,627	7,719	8,201

Source: S&P Capital IQ. Standard template. Financial Sources.