Williams Companies WMB Business Segments
| TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | TTM Q4 '24 | TTM Q3 '24 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Other Operating Segment | $525M+12.2% | $468M+27.9% | $366M+10.6% | $331M-24.3% | $437.5M-5.1% | |
| Reportable Segment, Aggregation before Other Operating Segment | $12.2B+2.2% | $11.93B+4.0% | $11.48B+3.3% | $11.11B+1.2% | $10.98B+0.2% | |
| Revenue Not from Contract with Customer, Other by Business | ||||||
| Gas & NGL Marketing Services | $2.91B+5.2% | $2.76B+10.3% | $2.5B+11.9% | $2.24B-18.9% | $2.76B-16.8% | |
| Other Operating Segment | $52M+44.4% | $36M+340% | -$15M-163% | $24M-36.8% | $38M-17.4% | |
| West | $4M+300% | $1M-83.3% | $6M-25.0% | $8M-75.2% | $32.25M-43.9% | |
| Total Assets by Business | ||||||
| Gas & NGL Marketing Services | $610M— | —— | —— | —— | —— | |
| Reportable Segment, Aggregation before Other Operating Segment | $196.43B— | —— | —— | —— | —— | |
| West | $50.17B— | —— | —— | —— | —— | |
| Modified EBITDA by Business | ||||||
| Gas & NGL Marketing Services | $66M+187% | $23M+132% | -$73M+41.1% | -$124M-148% | $258M-11.0% | |
| Other Operating Segment | $293M+13.6% | $258M+38.0% | $187M-0.5% | $188M-27.1% | $257.75M-6.8% | |
| Reportable Segment, Aggregation before Other Operating Segment | $7.01B+3.7% | $6.76B+3.4% | $6.54B+1.8% | $6.42B-3.6% | $6.66B-2.5% | |
| West | $1.38B+1.4% | $1.36B+1.7% | $1.34B+2.1% | $1.31B+33.9% | $980M+0.8% | |
| Payments to Acquire Productive Assets by Business | ||||||
| Gas & NGL Marketing Services | $2M-33.3% | $3M+50.0% | $2M0.0% | $2M-27.3% | $2.75M-21.4% | |
| Reportable Segment, Aggregation before Other Operating Segment | $3.84B+0.8% | $3.81B+11.4% | $3.42B-33.5% | $5.14B-1.6% | $5.22B-1.2% | |
| West | $1.2B+3.5% | $1.16B+16.8% | $995M+88.1% | $529M-9.5% | $584.5M-22.6% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | ||||||
| Gas & NGL Marketing Services | $5.81B+4.4% | $5.57B+5.5% | $5.28B+16.6% | $4.53B-19.9% | $5.66B+8.6% | |
| West | $2.8B+1.8% | $2.75B+2.0% | $2.69B+0.9% | $2.67B+31.0% | $2.04B+6.8% | |
| Other Segment Income (Expenses) - Net by Business | ||||||
| Gas & NGL Marketing Services | $1M0.0% | $1M— | $0— | $0+100% | -$250K+50.0% | |
| West | -$26M-471% | $7M+16.7% | $6M+220% | -$5M-322% | $2.25M+164% | |
| Revenues Adjustments For Certain Risk Management Activities Costs by Business | ||||||
| Gas & NGL Marketing Services | $6.73B+6.7% | $6.31B+7.7% | $5.85B+17.6% | $4.98B-2.1% | $5.08B-8.5% | |
| Other Operating Segment | $0— | $0— | $0— | $0— | $0— | |
| West | $0— | $0— | $0— | $0— | $0— | |
| Product Costs And Net Realized Processing Commodity Expenses by Business | ||||||
| Gas & NGL Marketing Services | $1.86B-2.7% | $1.91B+1.8% | $1.88B+4.5% | $1.8B+4.9% | $1.72B+0.2% | |
| West | $874M+0.1% | $873M+2.8% | $849M+0.6% | $844M+10.3% | $765.25M+11.8% | |
| Recovery of Direct Costs by Business | ||||||
| Gas & NGL Marketing Services | $0— | $0— | $0— | $0— | $0— | |
| West | -$59M-7.3% | -$55M-5.8% | -$52M-6.1% | -$49M-8.3% | -$45.25M-9.0% | |
| Equity-method investments by Business | ||||||
| Gas & NGL Marketing Services | $459M— | —— | —— | —— | —— | |
| Reportable Segment, Aggregation before Other Operating Segment | $16.63B— | —— | —— | —— | —— | |
| West | $1.86B— | —— | —— | —— | —— | |
| Unrealized by Business | ||||||
| Gas & NGL Marketing Services | $1M— | $0+100% | -$19M-217% | -$6M— | —— | |
| West | $0— | $0— | $0— | $0— | $0— | |
| Operating And Administrative Expenses by Business | ||||||
| Gas & NGL Marketing Services | $95M-7.8% | $103M-3.7% | $107M-0.9% | $108M-1.4% | $109.5M-2.2% | |
| West | $599M-1.2% | $606M+0.3% | $604M+2.2% | $591M+3.8% | $569.5M+5.9% | |
| Proportional Modified EBITDA Equity Method Investments by Business | ||||||
| Gas & NGL Marketing Services | -$27M-145% | -$11M-267% | -$3M— | $0— | $0— | |
| West | -$142M-0.7% | -$141M+2.8% | -$145M-9.8% | -$132M+3.3% | -$136.5M+3.9% | |
| Equity Method Investment, Ownership Percentage by Business | ||||||
| West | 200%0.0pp | 200%0.0pp | 200%0.0pp | 200%0.0pp | 200%0.0pp | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | ||||||
| Non Regulated Service Monetary Consideration | $4.26B+2.7% | $4.15B+3.0% | $4.03B+1.5% | $3.97B+2.9% | $3.86B+2.7% | |
| Other Service | $153M+3.4% | $148M+2.1% | $145M+3.6% | $140M+7.7% | $130M+2.4% | |
| Regulated Service | $3.63B+2.6% | $3.54B+2.3% | $3.46B+1.2% | $3.42B+2.4% | $3.34B+0.5% | |
| Receivables, Net, Current by Product | ||||||
| Derivative Receivables | $1.04B+3.1% | $1.01B+0.4% | $1B+22.5% | $817M-2.0% | $834M-5.9% | |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization by Product | ||||||
| Natural Gas Purchased For Shrink | $60M+13.2% | $53M-19.7% | $66M+53.5% | $43M-15.7% | $51M-32.0% | |
| Oil And Gas Purchased | $2.17B-2.1% | $2.21B+2.3% | $2.16B+4.3% | $2.08B+9.6% | $1.89B+1.8% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Williams Companies break its business down?
- Williams Companies (WMB) reports revenue by business across 3 parts — Other Operating Segment, Reportable Segment, Aggregation before Other Operating Segment and Transmission, Power & Gulf. Each is extracted from the segment footnotes and tracked over time.
- Where does Williams Companies's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Williams Companies's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
