Tax

Current income tax expense (benefit)

Williams Companies Current income tax expense (benefit) decreased by 110.5% to -$10.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 155.6%, from $18.00M to -$10.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ4 2025

How to read this metric

An increase relative to pre-tax income suggests a higher effective cash tax rate, potentially reducing net cash flow.

Detailed definition

The total amount of income tax currently payable to all tax authorities (federal, state, and foreign) for the current pe...

Peer comparison

Standard income statement line item required by GAAP/IFRS.

Metric ID: is_cat_current_income_tax_expense

Historical Data

16 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$1.00M$2.00M$3.00M-$20.00M$4.00M$1.00M$3.00M$17.00M$3.00M$41.00M$23.00M$18.00M$52.00M$86.00M$95.00M-$10.00M
QoQ Change+100.0%+50.0%-766.7%+120.0%-75.0%+200.0%+466.7%-82.4%>999%-43.9%-21.7%+188.9%+65.4%+10.5%-110.5%
YoY Change<-999%+100.0%-66.7%+115.0%+325.0%>999%+666.7%+5.9%>999%+109.8%+313.0%-155.6%
Range-$20.00M$95.00M
CAGR+84.8%
Avg YoY Growth+412.2%
Median YoY Growth+112.4%

Frequently Asked Questions

What is Williams Companies's current income tax expense (benefit)?
Williams Companies (WMB) reported current income tax expense (benefit) of -$10.00M in Q3 2025.
How has Williams Companies's current income tax expense (benefit) changed year-over-year?
Williams Companies's current income tax expense (benefit) decreased by 155.6% year-over-year, from $18.00M to -$10.00M.
What does current income tax expense (benefit) mean?
Total income taxes currently owed to all government authorities.