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WM

The Williams Companies, Inc.

WMBEnergyNASDAQ

Oil & Gas Midstream

PriceMA150MA200
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Financials · Annual
Revenue
$11.95B
+13.8% YoY
Net Income
$2.62B
+17.7% YoY
EBITDA
$7.41B
+12.9% YoY
Free Cash Flow
-$190.3M

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About The Williams Companies, Inc.

The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. Valued at $87.21B, WMB is a large-cap name in its sector. It operates through Transmission, Power & Gulf, Northeast G&P, West, and Gas & NGL Marketing Services segments.

Key stats
Market Cap$87.21B
P/E (TTM)31.28
Fwd P/E27.77
EPS$2.28
Beta0.63
52W Change+18.6%
Dividend Yield2.94%
ROE19.7%
Analysis

The Williams Companies, Inc. carries $30.30B in total debt against $950.0M in cash reserves — debt is roughly 31.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow is running at -$190.2M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at 19.7%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 4.9% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $10.96B (2022) to $11.95B (2025).

The relatively low beta of 0.63 suggests WMB is a less volatile holding compared to the broader index. The Williams Companies, Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for The Williams Companies, Inc. and its sector.

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