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Williams Companies WMB West — Revenue from Contract with Customer, Excluding Assessed Tax

Other segment segments

Reportable Segment, Aggregation before Other Operating Segment
$3.08B
Transmission, Power & Gulf
$1.39B
Gas & NGL Marketing Services
$1.25B+24.2%
Northeast G & P
$530M
Other Operating Segment
$160M

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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 us-gaap:Revenues.

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
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:
Regulated interstate natural gas transportation and storage$879$(20)$859

Item 1. Financial Statements

FAQ

What is Williams Companies's west — revenue from contract with customer, excluding assessed tax?
Williams Companies (WMB) reported west — revenue from contract with customer, excluding assessed tax of $712M in Q3 2025.
How has Williams Companies's west — revenue from contract with customer, excluding assessed tax changed year-over-year?
Williams Companies's west — revenue from contract with customer, excluding assessed tax increased by 7.4% year-over-year, from $663M to $712M.
What is the long-term trend for Williams Companies's west — revenue from contract with customer, excluding assessed tax?
Over 3 years (2021 to 2024), Williams Companies's west — revenue from contract with customer, excluding assessed tax has grown at a 9.6% compound annual growth rate (CAGR), from $2.03B to $2.67B.
What does west — revenue from contract with customer, excluding assessed tax mean?
Captures the gross revenue generated from service contracts with customers in the West segment, excluding any pass-through taxes. This represents the core top-line performance of the segment's gathering, processing, and transportation services.

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