Operating Expenses

Accretion Expense

Williams Companies Accretion Expense remained flat by 0.0% to $29.50M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 21.6%, from $24.25M to $29.50M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ4 2024Feb 25, 2025

How to read this metric

An increase is a standard accounting function of long-term liabilities and does not necessarily reflect operational performance.

Detailed definition

Accretion expense represents the periodic increase in the carrying amount of an asset retirement obligation (ARO) due to...

Peer comparison

Standard for companies with significant environmental or decommissioning liabilities.

Metric ID: cop_accretion_expense

Historical Data

2 years
 FY'23FY'24
Value$97.00M$118.00M
YoY Change+21.6%
Range$97.00M$118.00M
Avg YoY Growth+21.6%
Median YoY Growth+21.6%

Accretion Expense at Other Companies

Frequently Asked Questions

What is Williams Companies's accretion expense?
Williams Companies (WMB) reported accretion expense of $29.50M in Q4 2024.
How has Williams Companies's accretion expense changed year-over-year?
Williams Companies's accretion expense increased by 21.6% year-over-year, from $24.25M to $29.50M.
What does accretion expense mean?
The non-cash expense representing the growth of future environmental cleanup liabilities over time.