PP&E (Net)
Williams Companies PP&E (Net) increased by 1.5% to $40.39B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.3%, from $37.97B to $40.39B. Over 4 years (FY 2020 to FY 2024), PP&E (Net) shows an upward trend with a 7.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Growth indicates ongoing capital investment in infrastructure expansion, while a decline suggests depreciation is outpacing new capital expenditures.
Detailed definition
This represents the net book value of tangible long-lived assets, such as pipelines, storage facilities, and processing...
Peer comparison
As a capital-intensive industry, midstream peers typically show this as the largest component of their total asset base.
property_plant_equipment_netHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $29.3B | $29.31B | $29.26B | $29.19B | $29.66B | $30.34B | $30.89B | $32.1B | $32.35B | $32.63B | $34.31B | $36.45B | $36.7B | $37.97B | $38.69B | $39.16B | $39.77B | $40.39B |
| QoQ Change | — | +0.1% | -0.2% | -0.2% | +1.6% | +2.3% | +1.8% | +3.9% | +0.8% | +0.9% | +5.2% | +6.2% | +0.7% | +3.5% | +1.9% | +1.2% | +1.6% | +1.5% |
| YoY Change | — | — | — | — | +1.2% | +3.5% | +5.6% | +10.0% | +9.1% | +7.5% | +11.1% | +13.6% | +13.5% | +16.4% | +12.8% | +7.4% | +8.4% | +6.3% |
Business Segments
| Segment | Q2 '22 | Q1 '23 | Q4 '23 | Q3 '24 | Q4 '24 |
|---|---|---|---|---|---|
| Other Operating Segment | — | — | — | — | $345M |
| Transmission And Gulf Of America | — | $1.02B | $2.04B | $941M | — |
| Transmission And Gulf Of Mexico | — | $1.02B | — | — | — |
| West | $448M | — | $1.04B | — | — |
| Total | $29.66B | $32.1B | $34.31B | $37.97B | $38.69B |
Other Operating Segment, Transmission And Gulf Of America, Transmission And Gulf Of Mexico, Transmission, Power & Gulf, West were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Williams Companies's pp&e (net)?
- Williams Companies (WMB) reported pp&e (net) of $40.39B in Q3 2025.
- How has Williams Companies's pp&e (net) changed year-over-year?
- Williams Companies's pp&e (net) increased by 6.3% year-over-year, from $37.97B to $40.39B.
- What is the long-term trend for Williams Companies's pp&e (net)?
- Over 4 years (2020 to 2024), Williams Companies's pp&e (net) has grown at a 7.5% compound annual growth rate (CAGR), from $28.93B to $38.69B.
- What does pp&e (net) mean?
- The total value of physical infrastructure and equipment owned by the company, minus depreciation.