Williams Companies Inc. (WMB) Financials
Key financial figures for Williams Companies Inc. (Q3 2026).
Williams grew Q3 2026 Adjusted EBITDA 6% to $2.039 billion, closed the Momentum Midstream acquisition and says it is tracking toward the upper half of its $8.3 to $8.5 billion 2026 guidance range. Adjusted EBITDA was $2.039 billion, up $119 million or 6% from $1.920 billion in 3Q 2025. GAAP net income was $699 million, or $0.56 per diluted share, versus $646 million and $0.53 a year earlier. Total revenues were $3.223 billion versus $2.923 billion (up 10%, calculated). Adjusted net income was $663 million, or $0.54 Adjusted EPS (non-GAAP), up from $0.49. Available funds from operations (AFFO) rose 10% to $1.589 billion, a 2.42x dividend coverage ratio. Against expectations: the FMP calendar consensus is $0.539 EPS and $2.994 billion revenue, basis unstated. On the outlook: Williams continues to expect 2026 Adjusted EBITDA of $8.3 billion to $8.5 billion (unchanged range) and says it is tracking toward the upper half of that range; growth capex of $7.3 billion to $7.9 billion and a 2026 leverage ratio midpoint of approximately 3.75x are also continued, with growth capex and leverage excluding certain reimbursable long-lead equipment. Figures are for Q3 2026, as The Williams Companies, Inc. reported them.
- Revenue
- $3.2B
- Net Income
- $700M
- EPS
- $0.56
- Total Assets
- $70.7B
- Operating Cash Flow
- $1.5B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $3.2B | $700M | $0.56 | 35.25% | -$984M |
| Q2 FY2026 | $3.1B | $827M | $0.68 | 38.72% | -$458M |
| Q1 FY2026 | $3.0B | $865M | $0.70 | 43.6% | $244M |
| Q4 FY2025 | $3.2B | $734M | $0.60 | 40.87% | -$485M |
| Q3 FY2025 | $2.9B | $647M | $0.53 | 37.94% | $485M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $11.9B | $2.6B | $2.14 | 36.83% | $1.0B |
| FY2024 | $10.5B | $2.2B | $1.82 | 31.79% | $2.4B |
| FY2023 | $10.9B | $3.2B | $2.60 | 39.53% | $3.4B |
Frequently asked questions
What was The Williams Companies, Inc.'s revenue last quarter?
The Williams Companies, Inc. reported revenue of $3.22 billion for Q3 FY2026, up 10.3% from the same period a year earlier.
Is The Williams Companies, Inc. profitable?
Yes. The Williams Companies, Inc. reported net income of $700.0 million for Q3 FY2026, a net margin of 21.72% on revenue.
How has The Williams Companies, Inc.'s margin trended?
Operating margin was 35.25% in Q3 FY2026, compared with 37.94% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did The Williams Companies, Inc. generate?
The Williams Companies, Inc. generated free cash flow of -$984.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Williams Companies Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.