Business
Williams owns natural-gas gathering, processing, storage and interstate pipeline assets.
Williams: Revenue grew 17.9% to $14.899B from $12.632B. Net income grew 17.7% to $2.618B from $2.225B. Free cash flow declined 58.1% to $1.005B from $2.401B. Operating margin expanded 173 bps to 28.16%. Williams's annual comparison also shows free cash flow declined despite revenue growth; capital spending grew faster than revenue; the balance-sheet screen falls in the distress range and requires business-model context.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 17.9%OK
- Profitability — Net income grew 17.7% to $2.618B from $2.225BOK
- Cash flow — Free cash flow declined 58.1% to $1.005B from $2.401BWatch
- Margins — Operating margin expanded 173 bps to 28.16%OK
- Accounting — Distress-range screen needs contextWatch
- Insiders — 0 purchases and 18 salesWatch
Where the revenue comes from
Fiscal 2025, as WILLIAMS COMPANIES, INC. reports it. History and quarterly detail are in the app.
- Service$8.7B
- NonRegulated Service Monetary Consideration$4.4B
- Regulated Service$3.8B
- Product$3.7B
- Natural Gas, US Regulated$2.9B
Leadership changes
From WILLIAMS COMPANIES, INC.'s own filings, the day they're filed.
- Robb E. Turner · Directors · appointmenteff. 2026-07-01
- Chad J. Zamarin · Chief Executive Officer · appointmenteff. 2025-07-01
- Larry Larsen · President · appointmenteff. 2025-05-03
Latest filings
- 8-K · Company announcement2026-09-03
- 8-K · Company announcement2026-08-21
- 10-Q · Quarterly report2026-08-03
- 8-K · Company announcement2026-08-03
- 8-K · Company announcement2026-07-13
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about WILLIAMS COMPANIES, INC., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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