The Williams Companies, Inc. (WMB) Financial Statements

Executive TeamFinancials
SegmentsShareholders

Williams Companies financial statements at a glance

Williams Companies reported revenue of $10.50 billion for fiscal year 2024 (ended December 31, 2024), down 3.7% from fiscal year 2023. Net income was $2.23 billion, a net margin of 21.2%.

At the end of fiscal year 2024 it had total assets of $54.53 billion, total liabilities of $42.10 billion and shareholders' equity of $12.44 billion, with total debt of $26.91 billion.

Its operations brought in $4.97 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 3 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2024.

WMB logo

The Williams Companies, Inc.

WMBUnited States
Energy
USD (Local)

Income Statement

Annual • USD

Revenue
10.50B
Prev Year: 10.91B
YoY: -3.7%
Cost of Revenue
2.12B
Prev Year: 2.04B
YoY: +4.1%
Gross Profit
8.38B
Prev Year: 8.87B
YoY: -5.5%
SG&A Expenses
2.89B
Prev Year: 2.64B
YoY: +9.2%
Depreciation/Amortization
2.22B
Prev Year: 2.07B
YoY: +7.1%
Other Operating Expenses, Total
-60.00M
Prev Year: -30.00M
YoY: -100.0%
Operating Expenses
7.16B
Prev Year: 6.06B
YoY: +18.2%
Operating Income
3.34B
Prev Year: 4.84B
YoY: -31.1%
Interest Inc.(Exp.),Net-Non-Op., Total
-461.00M
Prev Year: -539.00M
YoY: +14.5%
Other, Net
108.00M
Prev Year: 99.00M
YoY: +9.1%
Net Income Before Taxes
2.99B
Prev Year: 4.41B
YoY: -32.2%
Provision for Income Taxes
640.00M
Prev Year: 1.00B
YoY: -36.3%
Net Income After Taxes
2.35B
Prev Year: 3.40B
YoY: -31.0%
Net Income Before Extra. Items
2.23B
Prev Year: 3.28B
YoY: -32.1%
Net Income
2.23B
Prev Year: 3.18B
YoY: -30.0%
Total Extraordinary Items
-
Prev Year: -97.00M
Total Adjustments to Net Income
-3.00M
Prev Year: -3.00M
YoY: 0.0%
Income Available to Com Excl ExtraOrd
2.22B
Prev Year: 3.27B
YoY: -32.1%
Income Available to Com Incl ExtraOrd
2.22B
Prev Year: 3.18B
YoY: -30.0%
Diluted Net Income
2.22B
Prev Year: 3.18B
YoY: -30.0%
Diluted Weighted Average Shares
1.22B
Prev Year: 1.22B
YoY: +0.0%
Diluted EPS Excluding ExtraOrd Items
1.817
Prev Year: 2.677
YoY: -32.1%
DPS - Common Stock Primary Issue
1.9
Prev Year: 1.79
YoY: +6.1%
Diluted Normalized EPS
1.818
Prev Year: 2.262
YoY: -19.7%
Unusual Expense (Income)
1.00M
Prev Year: -657.00M
YoY: +100.2%
Minority Interest
-121.00M
Prev Year: -124.00M
YoY: +2.4%
Values in USD

Williams Companies key figures by fiscal year

FY2024FY2023FY2022
Revenue$10.5B$10.9B$11.0B
Gross profit$8.4B$8.9B$7.5B
Operating income$3.3B$4.8B$3.0B
Net income$2.2B$3.2B$2.0B
Total assets$54.5B$52.6B$48.4B
Total liabilities$42.1B$40.2B$36.9B
Shareholders' equity$12.4B$12.4B$11.5B
Total debt$26.9B$26.4B$22.9B
Operating cash flow$5.0B$5.9B$4.9B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2022.

Questions and answers

What was Williams Companies's revenue in fiscal year 2024?

$10.50 billion, down 3.7% from $10.91 billion in fiscal year 2023.

How much profit does Williams Companies make?

Williams Companies reported net income of $2.23 billion for fiscal year 2024 (21.2% of revenue); operating income was $3.34 billion.

How much cash and debt does Williams Companies have?

At the end of fiscal year 2024: total debt of $26.91 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
LinkedInLinkedInXXYouTubeYouTube