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Williams Companies WMB Free cash flow margin

Free cash flow margin at other companies

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OneokOKE
6.4%-5.9pp
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EnbridgeENB
2.7%-5.9pp
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Enterprise Products PartnersEPD
4.7%-1.9pp
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Energy TransferET
4.2%-3.2pp
EQT Corporation logo
EQT CorporationEQT
39.4%
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Devon EnergyDVN
17.7%-0.9pp

Other financials

Income statement

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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

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Cash & equivalents$70.0M-90.8%
Total equity$12.5B+0.7%
Total assets$55.7B+3.5%

Cash flow

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Operating cash flow$1.4B+15.8%
CapEx$954.0M+39.9%
Free cash flow$485.0M-13.6%

Valuation

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Market cap$87.14B+39.0%
P/E36.8×+15.0×
P/S7.6×+1.6×

Profitability

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Operating margin34.3%-0.2pp
Net margin20.6%-6.7pp

Returns & leverage

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Return on equity19%-4.7pp
Debt / equity2.1×+0.1×
Current ratio0.4×-0.1×

Where this comes from

Calculated from Williams Companies’s reported figures.

Based on trailing twelve months.

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

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Questions, answered.

What is Williams Companies's free cash flow margin?
Williams Companies (WMB) reported free cash flow margin of 16% in Q3 2025.
How has Williams Companies's free cash flow margin changed year-over-year?
Williams Companies's free cash flow margin decreased by 45.6% year-over-year, from 29.3% to 16%.
What is the long-term trend for Williams Companies's free cash flow margin?
Over 3 years (2021 to 2024), Williams Companies's free cash flow margin has grown at a 1.2% compound annual growth rate (CAGR), from 107.4% to 111.3%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.