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Williams Companies WMB Revenues Adjustments For Certain Risk Management Activities Costs

Revenues Adjustments For Certain Risk Management Activities Costs at other companies

Arthur J. Gallagher logo
Arthur J. GallagherAJG
$42M+7.7%
Arthur J. Gallagher logo
Arthur J. GallagherAJG
$208M+21.1%
Arthur J. Gallagher logo
Arthur J. GallagherAJG
$428M+14.4%
Arthur J. Gallagher logo
Arthur J. GallagherAJG
$26M-0.8%
Arthur J. Gallagher logo
Arthur J. GallagherAJG
$264M+14.3%
Arthur J. Gallagher logo
Arthur J. GallagherAJG
$10M0.0%

Segments

By segment

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Gas & NGL Marketing Services$1.46B+40.5%
Northeast G & P$0
Other Operating Segment$0
Transmission, Power & Gulf$0
West$0

Other financials

Income statement

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Revenue$3.1B+9.8%
Operating income$1.1B+32.3%
Net income$827.0M+51.5%
EPS (diluted)$0.68+51.1%

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%
Free cash flow$485.0M-13.5%

Valuation

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Market cap$87.49B+18.9%
P/E32.3×+13.1×
P/S7.4×+1.6×

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

Reported directly by Williams Companies in its filing.

Tagged under the XBRL concept wmb:RevenuesAdjustmentsForCertainRiskManagementActivitiesCosts.

The source filing: Williams Companies’s 10-Q, filed November 3, 2025.

Filed
Nov 3, 2025
Fiscal quarter
Q4 FY2025
Calendar quarter
Q4 2025
Accession
0000107263-25-000145
Three Months Ended September 30, 2025Transmission, Power & Gulf / Three Months Ended September 30, 2025Northeast G&P / Three Months Ended September 30, 2025West / Three Months Ended September 30, 2025Gas & NGL Marketing Services / Three Months Ended September 30, 2025Other / Three Months Ended September 30, 2025Eliminations / Three Months Ended September 30, 2025Total
Product sales130312191,248136(416)1,348
Total revenues from contracts with customers1,3845197091,248136(505)3,491
Other revenues (1)811365824704
Other adjustments (2)(1,458)186(1,272)
Total revenues$1,392$530$712$448$160$(319)$2,923
Three Months Ended September 30, 2024
Revenues from contracts with customers:
Service revenues:

Item 1. Financial Statements

FAQ

What is Williams Companies's revenues adjustments for certain risk management activities costs?
Williams Companies (WMB) reported revenues adjustments for certain risk management activities costs of $1.27B in Q3 2025.
How has Williams Companies's revenues adjustments for certain risk management activities costs changed year-over-year?
Williams Companies's revenues adjustments for certain risk management activities costs increased by 37.8% year-over-year, from $923M to $1.27B.
What is the long-term trend for Williams Companies's revenues adjustments for certain risk management activities costs?
Over 2 years (2022 to 2024), Williams Companies's revenues adjustments for certain risk management activities costs has grown at a -44.9% compound annual growth rate (CAGR), from $14.74B to $4.48B.
What does revenues adjustments for certain risk management activities costs mean?
Reflects adjustments to reported revenues resulting from hedging activities, commodity price risk management, or derivative settlements. It reconciles the difference between gross revenue and the realized impact of financial risk mitigation strategies.

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