CapEx
Williams Companies CapEx decreased by 1.9% to $954.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 39.9%, from $682.00M to $954.00M. Over 3 years (FY 2021 to FY 2024), CapEx shows an upward trend with a 27.6% CAGR.
Analysis
How to read this metric
An increase often signals growth initiatives and capacity expansion, while a decrease may suggest cost-cutting or a shift toward asset-light strategies.
Detailed definition
This metric measures the cash outflows used to acquire, upgrade, and maintain physical assets such as property, building...
Peer comparison
Commonly compared as a percentage of revenue; capital-intensive firms like Abbott require consistent investment to remain competitive in medical technology.
capital_expendituresHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $425.00M | $272.00M | $282.00M | $291.00M | $315.00M | $841.00M | $806.00M | $545.00M | $610.00M | $690.00M | $671.00M | $544.00M | $579.00M | $682.00M | $768.00M | $1.01B | $972.00M | $954.00M |
| QoQ Change | — | -36.0% | +3.7% | +3.2% | +8.2% | +167.0% | -4.2% | -32.4% | +11.9% | +13.1% | -2.8% | -18.9% | +6.4% | +17.8% | +12.6% | +31.8% | -4.0% | -1.9% |
| YoY Change | — | — | — | — | -25.9% | +209.2% | +185.8% | +87.3% | +93.7% | -18.0% | -16.7% | -0.2% | -5.1% | -1.2% | +14.5% | +86.0% | +67.9% | +39.9% |
Business Segments
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|---|---|---|---|---|
| Reportable Segment, Aggregation before Other Operating Segment | — | — | — | — | — | $918.00M | $1.02B | $974.00M |
| Transmission, Power & Gulf | — | — | — | — | — | — | — | $754.00M |
| West | $296.50M | $91.00M | $71.00M | $126.00M | $241.00M | $557.00M | $238.00M | $167.00M |
| Northeast G & P | — | — | — | — | — | — | — | $53.00M |
| Corporate And Other | $69.75M | — | — | — | — | — | — | — |
| Gas & NGL Marketing Services | $1.75M | $0.00 | $0.00 | $1.00M | $1.00M | $0.00 | $1.00M | $0.00 |
| Northeast G And P | $85.00M | $64.00M | $43.00M | — | — | $59.00M | $54.00M | — |
| Transmission And Gulf Of America | — | $2.49B | $515.00M | — | — | $302.00M | $725.00M | — |
| Transmission And Gulf Of Mexico | $625.25M | — | — | — | — | — | — | — |
| Total | $671.00M | $544.00M | $579.00M | $682.00M | $768.00M | $1.01B | $972.00M | $954.00M |
Other Operating Segment is derived from annual filings.
Corporate And Other, Northeast G And P, Transmission And Gulf Of America, Transmission And Gulf Of Mexico were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
CapEx at Other Companies
Frequently Asked Questions
- What is Williams Companies's capex?
- Williams Companies (WMB) reported capex of $954.00M in Q3 2025.
- How has Williams Companies's capex changed year-over-year?
- Williams Companies's capex increased by 39.9% year-over-year, from $682.00M to $954.00M.
- What is the long-term trend for Williams Companies's capex?
- Over 3 years (2021 to 2024), Williams Companies's capex has grown at a 27.6% compound annual growth rate (CAGR), from $1.24B to $2.57B.
- What does capex mean?
- Cash spent on purchasing or maintaining physical assets like machinery and facilities.