The Williams Companies Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11,950	10,503	10,907	10,965	10,627
Revenue Growth (YoY)	13.78%	-3.70%	-0.53%	3.18%	37.67%
Cost of Revenue	4,481	4,297	4,019	5,274	5,580
Gross Profit	7,469	6,206	6,888	5,691	5,047
Selling, General & Admin	721	708	665	636	558
Depreciation & Amortization Expenses	2,347	2,219	2,071	2,009	1,842
Other Operating Expenses	2,487	2,119	1,825	1,845	1,564
Operating Income	4,196	3,339	4,311	3,018	2,631
Interest Income	802	903	697	653	615
Interest Expense	-1,442	-1,364	-1,236	-1,147	-1,179
Other Non-Operating Income (Expense)	69	108	633	18	6
Total Non-Operating Income (Expense)	-571	-353	94	-476	-558
Pretax Income	3,625	2,986	4,405	2,542	2,073
Provision for Income Taxes	857	640	1,005	425	511
Net Income	5,236	4,450	6,358	4,098	3,034
Minority Interest in Earnings	150	121	124	68	45
Net Income Attributable to Preferred Dividends	-3	-3	-3	-3	-3
Earnings From Discontinued Operations	-	-	-194	-	-
Net Income to Common	5,236	4,450	6,358	4,098	3,034
Net Income Growth	17.66%	-30.01%	55.15%	35.07%	618.96%
Shares Outstanding (Basic)	1,221	1,219	1,218	1,218	1,215
Shares Outstanding (Diluted)	1,225	1,223	1,223	1,223	1,218
Shares Change (YoY)	0.16%	-	0.03%	0.37%	0.25%
EPS (Basic)	2.14	1.82	2.61	1.68	1.25
EPS (Diluted)	2.14	1.82	2.60	1.67	1.24
EPS Growth	17.58%	-30.00%	55.69%	34.68%	629.41%
Free Cash Flow	1,005	2,401	3,422	2,636	2,706
Free Cash Flow Growth	-58.14%	-29.84%	29.82%	-2.59%	19.89%
Free Cash Flow Per Share	0.82	1.96	2.80	2.16	2.22
Dividends Per Share	2.000	1.900	1.790	1.700	1.640
Dividend Growth	5.26%	6.14%	5.29%	3.66%	2.50%
Gross Margin	62.50%	59.09%	63.15%	51.90%	47.49%
Operating Margin	35.11%	31.79%	39.53%	27.52%	24.76%
Profit Margin	23.16%	22.34%	30.28%	19.31%	14.70%
FCF Margin	8.41%	22.86%	31.37%	24.04%	25.46%
EBITDA	6,543	5,558	6,382	5,027	4,473
EBITDA Margin	54.75%	52.92%	58.51%	45.85%	42.09%
EBIT	4,196	3,339	4,311	3,018	2,631
EBIT Margin	35.11%	31.79%	39.53%	27.52%	24.76%
Effective Tax Rate	23.64%	21.43%	22.81%	16.72%	24.65%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.