What is Williams Companies's capex?

Williams Companies (WMB) reported capex of $954M 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 $682M to $954M.

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 property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Williams Companies WMB CapEx

CapEx at other companies

National Fuel GasNFG

$220.64M+13.8%

EnbridgeENB

$2.44B+41.6%

Enterprise Products PartnersEPD

$983M-7.4%

Energy TransferET

$1.92B+56.5%

DT MidstreamDTM

$78M+9.9%

Kinder MorganKMI

——

Segments

By segment

See full

Reportable Segment, Aggregation before Other Operating Segment$974M+3.2%

Transmission, Power & Gulf$754M-0.9%

Other Operating Segment$458M—

West$167M+32.5%

Northeast G & P$53M-5.4%

Gas & NGL Marketing Services$0-100%

Other financials

Income statement

See full

Revenue$2.9B+10.2%

Operating income$1.1B+32.3%

Net income$647.0M-8.4%

EPS (diluted)$0.53-8.6%

Balance sheet

See full

Cash & equivalents$70.0M-90.8%

Total debt$26.6B+2.9%

Total equity$12.5B+0.7%

Total assets$55.7B+3.5%

Cash flow

See full

Operating cash flow$1.4B+15.8%

Free cash flow$485.0M-13.5%

Valuation

See full

Market cap$94.82B+28.4%

P/E40×+7.7×

P/S8.3×+1.4×

Profitability

See full

Operating margin34.3%-0.2pp

Net margin20.6%-6.7pp

FCF margin16%-13.4pp

Returns & leverage

See full

Return on equity19%-4.7pp

Debt / equity2.1×+0.1×

Current ratio0.4×-0.1×

Where this comes from

Reported directly by Williams Companies in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Williams Companies’s 10-Q, filed November 3, 2025, on SEC EDGAR. View the filing →

Ask your AI about Williams Companies's capex.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Williams Companies's capex?: Williams Companies (WMB) reported capex of $954M 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 $682M to $954M.
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 property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.