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+20.0% | $468M+1.5% | $366M-26.7% | $331M-34.6% | $437.5M-21.3% | |
| Reportable Segment, Aggregation before Other Operating Segment | $12.2B+11.1% | $11.93B+8.9% | $11.48B+1.6% | $11.11B-0.8% | $10.98B-2.9% | |
| Revenue Not from Contract with Customer, Other by Business | ||||||
| Gas & NGL Marketing Services | $2.91B+5.3% | $2.76B-16.7% | $2.5B-38.3% | $2.24B-47.9% | $2.76B-47.0% | |
| Other Operating Segment | $52M+36.8% | $36M-21.7% | -$15M-125% | $24M-62.5% | $38M+10.9% | |
| West | $4M-87.6% | $1M-98.3% | $6M-92.2% | $8M-92.1% | $32.25M-58.5% | |
| 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-74.4% | $23M-92.1% | -$73M-115% | -$124M-113% | $258M— | |
| Other Operating Segment | $293M+13.7% | $258M-6.7% | $187M-38.9% | $188M-38.8% | $257.75M-23.9% | |
| Reportable Segment, Aggregation before Other Operating Segment | $7.01B+5.3% | $6.76B-1.0% | $6.54B-8.5% | $6.42B-10.5% | $6.66B-2.0% | |
| West | $1.38B+40.9% | $1.36B+40.1% | $1.34B+38.6% | $1.31B+39.1% | $980M-2.4% | |
| Payments to Acquire Productive Assets by Business | ||||||
| Gas & NGL Marketing Services | $2M-27.3% | $3M-14.3% | $2M-61.9% | $2M-71.4% | $2.75M-56.0% | |
| Reportable Segment, Aggregation before Other Operating Segment | $3.84B-26.6% | $3.81B-28.0% | $3.42B-39.7% | $5.14B+27.4% | $5.22B+36.6% | |
| West | $1.2B+106% | $1.16B+53.9% | $995M+1.5% | $529M-55.4% | $584.5M-53.8% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | ||||||
| Gas & NGL Marketing Services | $5.81B+2.8% | $5.57B+7.0% | $5.28B+10.2% | $4.53B-1.9% | $5.66B-46.7% | |
| West | $2.8B+37.3% | $2.75B+44.1% | $2.69B+50.8% | $2.67B+68.0% | $2.04B+21.0% | |
| Other Segment Income (Expenses) - Net by Business | ||||||
| Gas & NGL Marketing Services | $1M+500% | $1M+300% | $0+100% | $0+100% | -$250K-200% | |
| West | -$26M-1,256% | $7M+300% | $6M+367% | -$5M-66.7% | $2.25M+139% | |
| Revenues Adjustments For Certain Risk Management Activities Costs by Business | ||||||
| Gas & NGL Marketing Services | $6.73B+32.3% | $6.31B+13.5% | $5.85B-3.9% | $4.98B-17.5% | $5.08B-39.4% | |
| 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+8.5% | $1.91B+11.8% | $1.88B+6.1% | $1.8B+0.7% | $1.72B-20.1% | |
| West | $874M+14.2% | $873M+27.5% | $849M+33.3% | $844M+63.2% | $765.25M+24.0% | |
| Recovery of Direct Costs by Business | ||||||
| Gas & NGL Marketing Services | $0— | $0— | $0— | $0— | $0— | |
| West | -$59M-30.4% | -$55M-32.5% | -$52M-34.2% | -$49M-32.4% | -$45.25M-17.5% | |
| 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— | -$19M— | -$6M— | —— | |
| West | $0— | $0— | $0— | $0— | $0— | |
| Operating And Administrative Expenses by Business | ||||||
| Gas & NGL Marketing Services | $95M-13.2% | $103M-8.0% | $107M-5.7% | $108M+10.2% | $109.5M+12.3% | |
| West | $599M+5.2% | $606M+12.6% | $604M+17.2% | $591M+17.7% | $569.5M+13.2% | |
| Proportional Modified EBITDA Equity Method Investments by Business | ||||||
| Gas & NGL Marketing Services | -$27M— | -$11M— | -$3M— | $0— | $0— | |
| West | -$142M-4.0% | -$141M+0.7% | -$145M+1.0% | -$132M+18.5% | -$136.5M+11.7% | |
| 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+10.4% | $4.15B+10.4% | $4.03B+9.4% | $3.97B+12.4% | $3.86B+11.6% | |
| Other Service | $153M+17.7% | $148M+16.5% | $145M+17.9% | $140M+21.7% | $130M-3.7% | |
| Regulated Service | $3.63B+8.8% | $3.54B+6.6% | $3.46B+4.2% | $3.42B+4.4% | $3.34B+4.2% | |
| Receivables, Net, Current by Product | ||||||
| Derivative Receivables | $1.04B+24.2% | $1.01B+13.4% | $1B+15.6% | $817M-17.8% | $834M-46.9% | |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization by Product | ||||||
| Natural Gas Purchased For Shrink | $60M+17.6% | $53M-29.3% | $66M-35.3% | $43M-71.5% | $51M— | |
| Oil And Gas Purchased | $2.17B+14.5% | $2.21B+19.0% | $2.16B+16.5% | $2.08B+10.1% | $1.89B-13.0% |
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.
