WMB · Williams Companies, Inc. · Earnings Call Transcripts & Audio
$67.99
-0.64 (-0.93%)
At close · Sep 30
View the 10-K filed Feb 24, 2026
Return incl. dividend (before tax)
Customer concentration
— top customer 31% of revenue
One customer — 31% of revenue (the year ended December 31, 2025)
“NWP's largest customer was Puget Sound Energy, Inc., which accounted for approximately 31 percent of its operating revenue.”
One customer — 9% of revenue (the year ended December 31, 2025)
“For the year ended December 31, 2025, Transco's largest customer was Duke Energy Corporation, which accounted for approximately 9 percent of its operating revenue”
Market Cap
$84.72B
Shares
1.22B
Volume · Sep 30
9.51M
Avg daily vol (3M)
7.07M
Williams Companies, Inc. Earnings Call Transcripts
Quarterly earnings calls for Williams Companies, Inc. (WMB), with available speaker-labelled transcripts, captured audio replays, call highlights, 8-K earnings releases and periodic filings. Investor days and conferences appear here too.
Revenue & result across quarters
Revenue Net income YoY up YoY down artefacts
▲22.1%
$3.02B
$600.00M
'22 Q3
22-10-31
▼10%
$2.93B
$669.00M
'22 Q4
23-02-21
▲22.1%
$3.08B
$927.00M
'23 Q1
23-05-03
▼0.3%
$2.48B
$460.00M
'23 Q2
23-08-02
▼15.3%
$2.56B
$654.00M
'23 Q3
23-11-01
▼5%
$2.78B
$1.14B
'23 Q4
24-02-14
▼10.1%
$2.77B
$632.00M
'24 Q1
24-05-06
▼5.9%
$2.34B
$401.00M
'24 Q2
24-08-05
▲3.7%
$2.65B
$706.00M
'24 Q3
24-11-06
▼1.5%
$2.74B
$486.00M
'24 Q4
25-02-12
▲10%
$3.05B
$691.00M
'25 Q1
25-05-05
▲19%
$2.78B
$546.00M
'25 Q2
25-08-04
▲10.2%
$2.92B
$647.00M
'25 Q3
25-11-03
▲16.6%
$3.20B
$734.00M
'25 Q4
26-02-10
▼0.6%
$3.03B
$865.00M
'26 Q1
26-05-05
LATEST
▲9.8%
$3.05B
$827.00M
'26 Q2
26-08-04
Earnings call
FY26 · Q2
2026-08-04
Williams Companies, Inc. (WMB) Q2 2026 Earnings Call Transcript
Confident tone
Major expansion projects
Power innovation JV
Momentum Midstream acquisition
Revenue
$3.05B
▲ 9.8% YoY Diluted EPS
$0.68
▲ 51.1% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q1
2026-05-05
Williams Companies, Inc. (WMB) Q1 2026 Earnings Call Transcript
Confident tone
Project Commercialization & Backlog Growth
Power Innovation & Data Centers
Project Execution
Revenue
$3.03B
▼ 0.6% YoY Diluted EPS
$0.70
▲ 25% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q4
2026-02-10
Williams Companies, Inc. (WMB) Q4 2025 Earnings Call
Revenue
$3.20B*
▲ 16.6% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2025-11-03
Williams Companies, Inc. (WMB) Q3 2025 Earnings Call Transcript
Confident tone
Woodside LNG Partnership and Line 200 Pipeline
Transco Transmission Expansion
Haynesville Upstream Divestiture and Gathering
Revenue
$2.92B
▲ 10.2% YoY Diluted EPS
$0.53
▼ 8.6% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2025-08-04
Williams Companies, Inc. (WMB) Q2 2025 Earnings Call Transcript
Confident tone
Transco expansion and demand
Financial guidance and EBITDA growth
Power and AI demand opportunity
Revenue
$2.78B
▲ 19% YoY Diluted EPS
$0.45
▲ 36.4% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2025-05-05
Williams Companies, Inc. (WMB) Q1 2025 Earnings Call Transcript
Confident tone
Data center / power demand growth
Cogentrix investment
Leadership transition
Revenue
$3.05B
▲ 10% YoY Diluted EPS
$0.56
▲ 7.7% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2025-02-12
Williams Companies, Inc. (WMB) Q4 2024 Earnings Call Transcript
Confident tone
Long-term LNG / data center / power demand
2025 growth drivers and earnings outlook
Gathering & Processing / Haynesville
Revenue
$2.74B*
▼ 1.5% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2024-11-06
Williams Companies, Inc. (WMB) Q3 2024 Earnings Call Transcript
Confident tone
Natural gas transmission expansion projects
Demand drivers and macro environment
Record adjusted EBITDA and raised guidance
Revenue
$2.65B
▲ 3.7% YoY Diluted EPS
$0.58
▲ 7.4% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2024-08-05
Williams Companies, Inc. (WMB) Q2 2024 Earnings Call Transcript
Confident tone
Natural gas demand from power generation and data centers
Regulatory and permitting environment
Gathering & Processing and natural gas price headwinds
Revenue
$2.34B
▼ 5.9% YoY Diluted EPS
$0.33
▼ 13.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2024-05-06
Williams Companies, Inc. (WMB) Q1 2024 Earnings Call Transcript
Confident tone
Transco expansion and transmission growth
Demand drivers from data centers and reshoring
Regulatory and permitting risk for infrastructure build-out
Revenue
$2.77B
▼ 10.1% YoY Diluted EPS
$0.52
▼ 31.6% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q4
2024-02-14
Williams Companies, Inc. (WMB) Q4 2023 Earnings Call
Revenue
$2.78B*
▼ 5% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY23 · Q3
2023-11-01
Williams Companies, Inc. (WMB) Q3 2023 Earnings Call Transcript
Revenue
$2.56B
▼ 15.3% YoY Diluted EPS
$0.54
▲ 10.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q2
2023-08-02
Williams Companies, Inc. (WMB) Q2 2023 Earnings Call Transcript
Revenue
$2.48B
▼ 0.3% YoY Diluted EPS
$0.38
▲ 15.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2023-05-03
Williams Companies, Inc. (WMB) Q1 2023 Earnings Call Transcript
Revenue
$3.08B
▲ 22.1% YoY Diluted EPS
$0.76
▲ 145.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2023-02-21
Williams Companies, Inc. (WMB) Q4 2022 Earnings Call
Revenue
$2.93B*
▼ 10% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2022-10-31
Williams Companies, Inc. (WMB) Q3 2022 Earnings Call Transcript
Revenue
$3.02B
▲ 22.1% YoY Diluted EPS
$0.49
▲ 276.9% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q2
2022-08-01
Williams Companies, Inc. (WMB) Q2 2022 Earnings Call Transcript
Revenue
$2.49B
▲ 9.1% YoY Diluted EPS
$0.33
▲ 32% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2022-05-02
Williams Companies, Inc. (WMB) Q1 2022 Earnings Call Transcript
Revenue
$2.52B
▼ 3.4% YoY Diluted EPS
$0.31
▼ 11.4% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q4
2022-02-22
Williams Companies, Inc. (WMB) Q4 2021 Earnings Call
Revenue
$3.26B*
▲ 55.7% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY21 · Q3
2021-11-01
Williams Companies, Inc. (WMB) Q3 2021 Earnings Call Transcript
Revenue
$2.48B
▲ 28% YoY Diluted EPS
$0.13
▼ 48% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q2
2021-08-02
Williams Companies, Inc. (WMB) Q2 2021 Earnings Call Transcript
Revenue
$2.28B
▲ 28.2% YoY Diluted EPS
$0.25
▲ 0% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q1
2021-05-03
Williams Companies, Inc. (WMB) Q1 2021 Earnings Call Transcript
Revenue
$2.61B
▲ 36.5% YoY Diluted EPS
$0.35
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q4
2021-02-22
Williams Companies, Inc. (WMB) Q4 2020 Earnings Call Transcript
Revenue
$2.09B*
▼ 0.7% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY20 · Q3
2020-11-02
Williams Companies, Inc. (WMB) Q3 2020 Earnings Call Transcript
Revenue
$1.93B
▼ 3.3% YoY Diluted EPS
$0.25
▲ 38.9% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q2
2020-08-03
Williams Companies, Inc. (WMB) Q2 2020 Earnings Call Transcript
Revenue
$1.78B
▼ 12.7% YoY Diluted EPS
$0.25
▼ 3.8% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q1
2020-05-04
Williams Companies, Inc. (WMB) Q1 2020 Earnings Call Transcript
Revenue
$1.91B
▼ 6.9% YoY Diluted EPS
$-0.43
▼ 368.8% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY19 · Q4
2020-02-19
Williams Companies, Inc. (WMB) Q4 2019 Earnings Call
Revenue
$2.11B*
▼ 4.4% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Showing 1–27 of 27 earnings calls
Key facts
CIK
107263
CUSIP
969457100
13F (30d)
27 filings
21 filers
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