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Williams Companies WMB Free cash flow

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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 debt$26.6B+2.9%
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%

Valuation

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Market cap$94.82B+28.4%
P/E40×+7.7×
P/S8.3×+1.4×

Profitability

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Operating margin34.3%-0.2pp
Net margin20.6%-6.7pp
FCF margin16%-13.4pp

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.

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?
Williams Companies (WMB) reported free cash flow of $485M in Q3 2025.
How has Williams Companies's free cash flow changed year-over-year?
Williams Companies's free cash flow decreased by 13.5% year-over-year, from $561M to $485M.
What is the long-term trend for Williams Companies's free cash flow?
Over 3 years (2021 to 2024), Williams Companies's free cash flow has grown at a -3.9% compound annual growth rate (CAGR), from $2.71B to $2.4B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.