WMBWILLIAMS COMPANIES, INC.
Natural Gas Transmission
- Revenue
- $14.9B
- 18% YoY
- Operating margin
- 28.2%
- 6.5% YoY
- EBITDA
- $6.5B
- 18% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 4.1×
- $26.6B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear225% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear41% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear1% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $12.8B | $17.8B | $12.0B | $12.6B | $14.9B | 18% |
| Operating income | $2.6B | $3.0B | $4.3B | $3.3B | $4.2B | 26% |
| Net income | $1.5B | $2.0B | $3.2B | $2.2B | $2.6B | 18% |
| Operating cash flow | $3.9B | $4.9B | $5.9B | $5.0B | $5.9B | 19% |
| Capex | $1.2B | $2.3B | $2.5B | $2.6B | $4.9B | 90% |
| Stock-based comp | $81M | $73M | $77M | $99M | $93M | 6.1% |
| Buybacks | $0 | $9M | $130M | $0 | $0 | |
| Dividends | $2.0B | $2.1B | $2.2B | $2.3B | $2.4B | 5.4% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $136K · 1
- Net
- −$136K
Pay vs performance
No pay-versus-performance disclosure yet.