Discontinued — last reported Q1 '25
Modified EBITDA
Williams Companies Modified EBITDA increased by 6.3% to $1.95B in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.3%, from $1.84B to $1.95B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher values indicate stronger operational performance and cash generation capacity from core infrastructure assets.
Detailed definition
A non-GAAP performance measure that adjusts standard EBITDA for specific items like equity method investment earnings, n...
Peer comparison
Standard metric in the midstream energy sector, though definitions vary slightly by company; essential for comparing operational efficiency.
other_modified_ebitda_earnings_lossHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q1 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.31B | $1.11B | $1.39B | $1.25B | $1.6B | $1.84B | $2.13B | $1.67B | $1.77B | $2.44B | $1.84B | $1.95B |
| QoQ Change | — | -15.4% | +26.1% | -10.5% | +28.2% | +14.8% | +16.0% | -21.7% | +6.4% | +37.7% | -24.8% | +6.3% |
| YoY Change | — | — | — | -4.5% | +44.7% | — | +52.9% | +33.7% | +10.9% | +33.0% | -13.8% | +6.3% |
Business Segments
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|---|---|---|---|---|
| Reportable Segment, Aggregation before Other Operating Segment | — | — | — | — | — | $1.88B | $1.7B | $1.87B |
| Transmission, Power & Gulf | — | — | — | — | — | — | — | $973M |
| Northeast G & P | — | — | — | — | — | — | — | $505M |
| West | $12M | $327M | $318M | $323M | $344M | $354M | $341M | $342M |
| Other Operating Segment | — | — | — | — | $7M | $75M | $118M | $93M |
| Gas & NGL Marketing Services | $272M | $101M | -$126M | $11M | -$110M | $152M | -$30M | $54M |
| Northeast G And P | $477M | $504M | $481M | $476M | $497M | $514M | $501M | — |
| Transmission And Gulf Of America | $122M | — | — | — | $42M | $858M | $891M | — |
| Transmission And Gulf Of Mexico | $122M | $829M | $808M | $811M | — | — | — | — |
| Total | $2.44B | $1.84B | — | — | — | $1.95B | — | — |
Corporate And Other, Northeast G And P, Transmission And Gulf Of America, Transmission And Gulf Of Mexico were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Modified EBITDA at Other Companies
Frequently Asked Questions
- What is Williams Companies's modified ebitda?
- Williams Companies (WMB) reported modified ebitda of $1.95B in Q1 2025.
- How has Williams Companies's modified ebitda changed year-over-year?
- Williams Companies's modified ebitda increased by 6.3% year-over-year, from $1.84B to $1.95B.
- What does modified ebitda mean?
- A custom measure of operating cash flow excluding non-cash and non-recurring items.