Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.50B | $8.03B | $8.60B | $8.14B | $7.65B | $12.8B | $17.8B | $12.0B | $12.6B | $14.9B |
| Revenue growth | — | 7.1% | 7.1% | -5.4% | -6.0% | 67.0% | 39.0% | -32.5% | 5.3% | 17.9% |
| Operating income | $689M | $927M | $768M | $1.92B | $2.20B | $2.63B | $3.02B | $4.31B | $3.34B | $4.20B |
| Operating margin | 9.2% | 11.5% | 8.9% | 23.6% | 28.8% | 20.6% | 17.0% | 35.9% | 26.4% | 28.2% |
| Net income | -$424M | $2.17B | -$155M | $850M | $211M | $1.52B | $2.05B | $3.18B | $2.23B | $2.62B |
| Net margin | -5.7% | 27.1% | -1.8% | 10.4% | 2.8% | 11.9% | 11.5% | 26.5% | 17.6% | 17.6% |
| EPS (diluted) | -$0.57 | $2.62 | -$0.16 | $0.70 | $0.17 | $1.24 | $1.67 | $2.60 | $1.82 | $2.14 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $4.16B | $3.09B | $3.29B | $3.69B | $3.50B | $3.94B | $4.89B | $5.94B | $4.97B | $5.90B |
| Capital expenditures | $2.05B | $2.40B | $3.26B | $2.11B | $1.24B | $1.24B | $2.25B | $2.52B | $2.57B | $4.89B |
| Free cash flow | $2.10B | $690M | $37.0M | $1.58B | $2.26B | $2.71B | $2.64B | $3.42B | $2.40B | $1.00B |
| Share buybacks | — | — | — | — | — | $0.00 | $9.00M | $130M | $0.00 | $0.00 |
| Dividends paid | $1.26B | $992M | $1.39B | $1.84B | $1.94B | $1.99B | $2.07B | $2.18B | $2.32B | $2.44B |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $170M | $899M | $168M | $289M | $142M | $1.68B | $152M | $2.15B | $60.0M | $63.0M |
| Total assets | $46.8B | $46.4B | $45.3B | $46.0B | $44.2B | $47.6B | $48.4B | $52.6B | $54.5B | $58.6B |
| Shareholders' equity | $4.64B | $9.66B | $14.7B | $13.4B | $11.8B | $11.4B | $11.5B | $12.4B | $12.4B | $12.8B |
| Retained earnings | -$9.65B | -$8.43B | -$10.0B | -$11.0B | -$12.7B | -$13.2B | -$13.3B | -$12.3B | -$12.4B | -$12.2B |
| Shares (wtd avg diluted) | 751M | 829M | 974M | 1.21B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.23B |
Every figure is extracted from WILLIAMS COMPANIES, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.