The Williams Companies revenue and financials
$72.39Change from previous close: +2.23%Absolute change: +$1.58
In the fiscal year ended December 2025, The Williams Companies reported revenue of $11.95B (+13.78% year over year). Net income was $2.62B, a net margin of 21.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +13.78%
- 2025 vs 2024
- Net income growth
- +17.66%
- 2025 vs 2024
- Net margin
- 21.9%
- 2024: 21.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 5,898 | 4,974 | 5,938 | 4,889 | 3,945 | 3,496 | 3,693 | 3,293 | 3,089 | 4,155 |
| Depreciation and amortization | 2,347 | 2,219 | 2,071 | 2,009 | 1,842 | 1,721 | 1,714 | 1,725 | 1,736 | 1,763 |
| Capital expenditure | -4,893 | -2,573 | -2,516 | -2,253 | -1,239 | -1,239 | -2,109 | -3,256 | -2,399 | -2,051 |
| Investing cash flow | -5,489 | -4,863 | -3,891 | -3,375 | -1,465 | — | — | — | — | — |
| Financing cash flow | -406 | -2,201 | -49.0 | -3,042 | -942 | — | — | — | — | — |
| Dividends paid | -2,442 | -2,316 | -2,179 | -2,071 | -1,992 | -1,941 | -1,842 | -1,386 | -992 | -1,261 |
| Share repurchases | 0.0 | 0.0 | -130 | -9.0 | 0.0 | — | — | — | — | — |
| Debt issued | 5,185 | 3,594 | 3,127 | 2,100 | 2,155 | — | — | — | — | — |
| Debt repaid | -2,827 | -3,215 | -634 | -2,876 | -894 | — | — | — | — | — |
| Net change in cash | 3.0 | -2,090 | 1,998 | -1,528 | 1,538 | — | — | — | — | — |
| Free cash flow | 899 | 2,296 | 3,371 | 2,606 | 2,698 | — | — | — | — | — |
| Levered free cash flow | -354 | 1,027 | 1,588 | 1,162 | 1,533 | — | — | — | — | — |