The Williams Companies Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	11,932	11,950	10,503	10,907	10,965	10,627
Revenue Growth (YoY)	10.69%	13.78%	-3.70%	-0.53%	3.18%	37.67%
Cost of Revenue	4,419	4,481	4,297	4,019	5,274	5,580
Gross Profit	7,513	7,469	6,206	6,888	5,691	5,047
Selling, General & Admin	720	721	708	665	636	558
Depreciation & Amortization Expenses	2,346	2,347	2,219	2,071	2,009	1,842
Other Operating Expenses	-188	205	-60	-159	28	16
Total Operating Expenses	2,878	3,273	2,867	2,577	2,673	2,416
Operating Income	4,423	4,196	3,339	4,311	3,018	2,631
Interest Income	824	802	903	697	653	615
Interest Expense	-1,469	-1,442	-1,364	-1,236	-1,147	-1,179
Other Non-Operating Income (Expense)	81	69	108	633	18	6
Total Non-Operating Income (Expense)	-564	-571	-353	94	-476	-558
Pretax Income	3,859	3,625	2,986	4,405	2,542	2,073
Provision for Income Taxes	908	857	640	1,005	425	511
Net Income	2,789	2,615	2,222	3,176	2,046	1,514
Minority Interest in Earnings	159	150	121	124	68	45
Net Income Attributable to Preferred Dividends	3	3	3	3	3	3
Earnings From Discontinued Operations	-	-	-	-194	-	-
Net Income to Common	2,789	2,615	2,222	3,176	2,046	1,514
Net Income Growth	22.27%	17.69%	-30.04%	55.23%	35.14%	627.88%
Shares Outstanding (Basic)	1,222	1,221	1,219	1,218	1,218	1,215
Shares Outstanding (Diluted)	1,226	1,225	1,223	1,223	1,223	1,218
Shares Change (YoY)	0.14%	0.16%	-	0.03%	0.36%	0.25%
EPS (Basic)	2.29	2.14	1.82	2.61	1.68	1.25
EPS (Diluted)	2.28	2.14	1.82	2.60	1.67	1.24
EPS Growth	21.93%	17.58%	-30.00%	55.69%	34.68%	629.41%
Shares Outstanding	1,223	1,222	1,221	1,217	1,218	1,215
Free Cash Flow	828	1,005	2,401	3,422	2,636	2,706
Free Cash Flow Growth	-17.61%	-58.14%	-29.84%	29.82%	-2.59%	19.89%
Free Cash Flow Per Share	0.68	0.82	1.96	2.80	2.16	2.22
Dividends Per Share	2.025	2.000	1.900	1.790	1.700	1.640
Dividend Growth	1.25%	5.26%	6.14%	5.29%	3.66%	2.50%
Gross Margin	62.97%	62.50%	59.09%	63.15%	51.90%	47.49%
Operating Margin	37.07%	35.11%	31.79%	39.53%	27.52%	24.76%
Profit Margin	24.73%	23.16%	22.34%	30.28%	19.31%	14.70%
FCF Margin	6.94%	8.41%	22.86%	31.37%	24.04%	25.46%
EBITDA	6,769	6,543	5,558	6,382	5,027	4,473
EBITDA Margin	56.73%	54.75%	52.92%	58.51%	45.85%	42.09%
EBIT	4,423	4,196	3,339	4,311	3,018	2,631
EBIT Margin	37.07%	35.11%	31.79%	39.53%	27.52%	24.76%
Effective Tax Rate	23.53%	23.64%	21.43%	22.81%	16.72%	24.65%

Updated May 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q