The Williams Companies, Inc. (WMB)

The Williams Companies Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	10,597	10,907	10,965	10,627	7,719	8,201
Revenue Growth (YoY)	-8.03%	-0.53%	3.18%	37.67%	-5.88%	-5.58%
Cost of Revenue	3,991	4,019	5,274	5,580	2,939	3,534
Gross Profit	6,606	6,888	5,691	5,047	4,780	4,667
Selling, General & Admin	675	665	636	558	466	558
Other Operating Expenses	2,097	2,041	2,037	1,858	2,112	2,188
Operating Expenses	2,772	2,706	2,673	2,416	2,578	2,746
Operating Income	3,834	4,182	3,018	2,631	2,202	1,921
Interest Expense / Income	1,281	1,236	1,147	1,179	1,192	1,218
Other Expense / Income	-1,245	-1,238	-603	-576	720	-482
Pretax Income	3,798	4,184	2,474	2,028	290	1,185
Income Tax	914	1,005	425	511	79	335
Net Income	2,884	3,179	2,049	1,517	211	850
Preferred Dividends	3	3	3	3	3	3
Net Income Common	2,881	3,176	2,046	1,514	208	847
Net Income Growth	11.11%	55.23%	35.14%	627.88%	-75.44%	-
Shares Outstanding (Basic)	1,218	1,218	1,218	1,215	1,214	1,212
Shares Outstanding (Diluted)	1,222	1,223	1,223	1,218	1,215	1,214
Shares Change	-0.29%	0.00%	0.37%	0.25%	0.10%	24.69%
EPS (Basic)	2.38	2.61	1.68	1.25	0.17	0.70
EPS (Diluted)	2.37	2.60	1.67	1.24	0.17	0.70
EPS Growth	11.79%	55.69%	34.68%	629.41%	-75.71%	-
Free Cash Flow	3,093	3,371	2,606	2,698	2,258	1,596
Free Cash Flow Per Share	2.54	2.77	2.14	2.22	1.86	1.32
Dividend Per Share	1.818	1.790	1.700	1.640	1.600	1.520
Dividend Growth	5.51%	5.29%	3.66%	2.50%	5.26%	11.76%
Gross Margin	62.34%	63.15%	51.90%	47.49%	61.93%	56.91%
Operating Margin	36.18%	38.34%	27.52%	24.76%	28.53%	23.42%
Profit Margin	27.19%	29.12%	18.66%	14.25%	2.69%	10.33%
Free Cash Flow Margin	29.19%	30.91%	23.77%	25.39%	29.25%	19.46%
Effective Tax Rate	24.07%	24.02%	17.18%	25.20%	27.24%	28.27%
EBITDA	7,192	7,491	5,630	5,049	3,203	4,117
EBITDA Margin	67.87%	68.68%	51.35%	47.51%	41.50%	50.20%
Depreciation & Amortization	2,113	2,071	2,009	1,842	1,721	1,714
EBIT	5,079	5,420	3,621	3,207	1,482	2,403
EBIT Margin	47.93%	49.69%	33.02%	30.18%	19.20%	29.30%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).