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Williams Companies WMB West — Tangible Asset Impairment Charges

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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:TangibleAssetImpairmentCharges.

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

During the third quarter of 2025, Williams’ management decided to abandon certain compression assets in the Denver-Julesburg basin resulting in a $25 million write-off of Property, plant, and equipment – net within the West segment. This write-off represents a level 3 measurement within the fair value hierarchy, reflecting significant unobservable inputs, and is included in Other (income) expense – net within Operating income (loss).

Item 1. Financial Statements

FAQ

What is Williams Companies's west — tangible asset impairment charges?
Williams Companies (WMB) reported west — tangible asset impairment charges of $25M in Q3 2025.
What does west — tangible asset impairment charges mean?
Non-cash charges recognized when the carrying value of tangible assets in the West segment exceeds their recoverable amount. This indicates a decline in the long-term economic value of the segment's infrastructure assets.

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