US-listed companies
WILLIAMS COMPANIES, INC.

WILLIAMS COMPANIES, INC.WMB

Market cap

$55B

P/E ratio

17.3x

Income statement Balance sheet Cash flow

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Revenues	9,616	7,930	7,486	6,860	7,637	7,360	7,499	8,031	8,686	8,201	7,719	10,627	10,965	10,907
Operating Costs and Expenses	-	-	1,027	1,097	1,492	1,655	1,580	1,585	1,507	1,468	1,326	1,548	1,817	1,984
Depreciation and amortization expenses	1,507	1,614	756	815	1,176	1,738	1,763	1,736	1,725	1,714	1,721	1,842	2,009	2,071
Selling, General and Administrative Expense	498	325	571	512	661	741	723	608	569	558	466	558	636	665
Other Asset Impairment Charges	-	-	-	-	-	-	-	1,248	1,915	464	182	2	-	-
Gain on sale of business (Note 3)	-	-	-	-	-	-	-	1,095	-	-	-	-	-	129
Goodwill, Impairment Loss	-	-	-	-	-	1,098	-	-	-	-	187	-	-	-
Other (income) expense – net	-	-1	-24	-34	45	-249	-142	-80	-67	-8	-22	-14	-28	30
Other (income) expense – net	-	-1	-24	-34	45	-249	-142	-80	-67	-8	-22	-14	-28	30
Total costs and expenses	-	-	5,874	5,485	6,068	7,134	6,799	7,127	7,918	6,280	5,517	7,996	7,947	6,596
Total costs and expenses	-	-	5,874	5,485	6,068	7,134	6,799	7,127	7,918	6,280	5,517	7,996	7,947	6,596
Operating income (loss)	44	1,867	1,612	1,375	1,569	226	700	904	768	1,921	2,202	2,631	3,018	4,311
Equity earnings (losses)	-	-	111	134	144	335	397	434	396	375	328	608	637	589
Impairment of equity-method investments (Note 15)	-	-	-	-	-	1,359	430	-	32	186	1,046	-	-	-
Investment Income, Nonoperating	-	-	77	81	43	27	63	282	219	-79	8	7	16	108
Investment Income, Nonoperating	-	-	77	81	43	27	63	282	219	-79	8	7	16	108
Interest expense	-	598	568	611	888	1,118	1,217	1,116	1,160	1,218	1,192	1,190	1,167	1,236
Interest expense	-	598	568	611	888	1,118	1,217	1,116	1,160	1,218	1,192	1,190	1,167	1,236
Gain (Loss) Related to Litigation Settlement	-	-	-	-	-	-	-	-	-	-	-	-	-	534
Interest capitalized	-	-	59	101	141	74	38	33	48	32	20	11	20	-
Other income (expense) – net	-12	11	-2	-	31	102	74	-2	92	33	-43	6	18	99
Other income (expense) – net	-12	11	-2	-	31	102	74	-2	92	33	-43	6	18	99
Income (loss) before income taxes	-	1,202	1,289	1,080	3,584	-1,713	-375	535	331	1,064	277	2,073	2,542	4,405
Income (loss) before income taxes	-	1,202	1,289	1,080	3,584	-1,713	-375	535	331	1,064	277	2,073	2,542	4,405
Income Tax Expense (Benefit)	-30	124	360	401	1,249	-399	-25	-1,974	138	335	79	511	425	1,005
Income Tax Expense (Benefit)	-30	124	360	401	1,249	-399	-25	-1,974	138	335	79	511	425	1,005
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	-916	1,078	929	679	2,335	-1,314	-350	-	-	729	198	1,562	-	3,400
Net income (loss)	-922	661	1,065	668	2,339	-1,314	-350	2,509	193	714	198	1,562	2,117	3,303
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	-6	-417	136	-11	4	-	-	-	-	-15	-	-	-	-97
Net Income (Loss) Attributable to Noncontrolling Interest	175	285	206	238	225	-743	74	335	348	-136	-13	45	68	124
Net income (loss)	-922	661	1,065	668	2,339	-1,314	-350	2,509	193	714	198	1,562	2,117	3,303
Net income (loss) attributable to The Williams Companies, Inc.	-922	661	1,065	668	2,339	-571	-350	2,509	193	850	211	1,562	2,117	3,303
Income (loss) from continuing operations available to common stockholders	-1,091	803	723	441	2,110	-571	-424	-	-	862	208	1,514	-	3,273
Less: Preferred stock dividends	-	-	-	-	-	-	-	-	1	3	3	3	3	3
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Basic	-1.87	1.36	1.17	0.65	2.93	-0.76	-0.57	-	-	0.71	0.17	1.25	-	2.69
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share	-0.01	-0.72	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Net income (loss) available to common stockholders	-	-	-	-	-	-	-	-	-156	847	208	1,514	2,046	3,176
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Diluted	-1.87	1.34	1.15	0.64	2.91	-0.76	-0.57	-	-	0.71	0.17	1.24	-	2.68
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share	-0.01	-0.71	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Basic	-1.87	1.36	1.17	0.65	2.93	-0.76	-0.57	-	-	0.71	0.17	1.25	-	2.69
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share	-0.01	-0.72	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Diluted	-1.87	1.34	1.15	0.64	2.91	-0.76	-0.57	-	-	0.71	0.17	1.24	-	2.68
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share	-0.01	-0.71	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Net Income (Loss) Attributable to Noncontrolling Interest	175	285	206	238	225	-743	74	335	348	-136	-13	45	68	124
Net income (loss) attributable to The Williams Companies, Inc.	-922	661	1,065	668	2,339	-571	-350	2,509	193	850	211	1,562	2,117	3,303
Less: Preferred stock dividends	-	-	-	-	-	-	-	-	1	3	3	3	3	3
Net income (loss) available to common stockholders	-	-	-	-	-	-	-	-	-156	847	208	1,514	2,046	3,176
Net income (loss) attributable to The Williams Companies, Inc.	-922	661	1,065	668	2,339	-571	-350	2,509	193	850	211	1,562	2,117	3,303
Income (loss) from continuing operations available to common stockholders	-1,091	803	723	441	2,110	-571	-424	-	-	862	208	1,514	-	3,273
Less: Preferred stock dividends	-	-	-	-	-	-	-	-	1	3	3	3	3	3
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Basic	-1.87	1.36	1.17	0.65	2.93	-0.76	-0.57	-	-	0.71	0.17	1.25	-	2.69
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share	-0.01	-0.72	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Net income (loss) available to common stockholders	-	-	-	-	-	-	-	-	-156	847	208	1,514	2,046	3,176
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Diluted	-1.87	1.34	1.15	0.64	2.91	-0.76	-0.57	-	-	0.71	0.17	1.24	-	2.68
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share	-0.01	-0.71	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Basic	-1.87	1.36	1.17	0.65	2.93	-0.76	-0.57	-	-	0.71	0.17	1.25	-	2.69
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share	-0.01	-0.72	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Diluted	-1.87	1.34	1.15	0.64	2.91	-0.76	-0.57	-	-	0.71	0.17	1.24	-	2.68
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share	-0.01	-0.71	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Revenues	9,616	7,930	7,486	6,860	7,637	7,360	7,499	8,031	8,686	8,201	7,719	10,627	10,965	10,907
Operating Costs and Expenses	-	-	1,027	1,097	1,492	1,655	1,580	1,585	1,507	1,468	1,326	1,548	1,817	1,984
Depreciation and amortization expenses	1,507	1,614	756	815	1,176	1,738	1,763	1,736	1,725	1,714	1,721	1,842	2,009	2,071
Selling, General and Administrative Expense	498	325	571	512	661	741	723	608	569	558	466	558	636	665
Other Asset Impairment Charges	-	-	-	-	-	-	-	1,248	1,915	464	182	2	-	-
Gain on sale of business (Note 3)	-	-	-	-	-	-	-	1,095	-	-	-	-	-	129
Goodwill, Impairment Loss	-	-	-	-	-	1,098	-	-	-	-	187	-	-	-
Other (income) expense – net	-	-1	-24	-34	45	-249	-142	-80	-67	-8	-22	-14	-28	30
Other (income) expense – net	-	-1	-24	-34	45	-249	-142	-80	-67	-8	-22	-14	-28	30
Total costs and expenses	-	-	5,874	5,485	6,068	7,134	6,799	7,127	7,918	6,280	5,517	7,996	7,947	6,596
Total costs and expenses	-	-	5,874	5,485	6,068	7,134	6,799	7,127	7,918	6,280	5,517	7,996	7,947	6,596
Operating income (loss)	44	1,867	1,612	1,375	1,569	226	700	904	768	1,921	2,202	2,631	3,018	4,311
Equity earnings (losses)	-	-	111	134	144	335	397	434	396	375	328	608	637	589
Impairment of equity-method investments (Note 15)	-	-	-	-	-	1,359	430	-	32	186	1,046	-	-	-
Investment Income, Nonoperating	-	-	77	81	43	27	63	282	219	-79	8	7	16	108
Investment Income, Nonoperating	-	-	77	81	43	27	63	282	219	-79	8	7	16	108
Interest expense	-	598	568	611	888	1,118	1,217	1,116	1,160	1,218	1,192	1,190	1,167	1,236
Interest expense	-	598	568	611	888	1,118	1,217	1,116	1,160	1,218	1,192	1,190	1,167	1,236
Gain (Loss) Related to Litigation Settlement	-	-	-	-	-	-	-	-	-	-	-	-	-	534
Interest capitalized	-	-	59	101	141	74	38	33	48	32	20	11	20	-
Other income (expense) – net	-12	11	-2	-	31	102	74	-2	92	33	-43	6	18	99
Other income (expense) – net	-12	11	-2	-	31	102	74	-2	92	33	-43	6	18	99
Income (loss) before income taxes	-	1,202	1,289	1,080	3,584	-1,713	-375	535	331	1,064	277	2,073	2,542	4,405
Income (loss) before income taxes	-	1,202	1,289	1,080	3,584	-1,713	-375	535	331	1,064	277	2,073	2,542	4,405
Income Tax Expense (Benefit)	-30	124	360	401	1,249	-399	-25	-1,974	138	335	79	511	425	1,005
Income Tax Expense (Benefit)	-30	124	360	401	1,249	-399	-25	-1,974	138	335	79	511	425	1,005
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	-916	1,078	929	679	2,335	-1,314	-350	-	-	729	198	1,562	-	3,400
Net income (loss)	-922	661	1,065	668	2,339	-1,314	-350	2,509	193	714	198	1,562	2,117	3,303
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	-6	-417	136	-11	4	-	-	-	-	-15	-	-	-	-97
Net Income (Loss) Attributable to Noncontrolling Interest	175	285	206	238	225	-743	74	335	348	-136	-13	45	68	124
Net income (loss)	-922	661	1,065	668	2,339	-1,314	-350	2,509	193	714	198	1,562	2,117	3,303
Net income (loss) attributable to The Williams Companies, Inc.	-922	661	1,065	668	2,339	-571	-350	2,509	193	850	211	1,562	2,117	3,303
Income (loss) from continuing operations available to common stockholders	-1,091	803	723	441	2,110	-571	-424	-	-	862	208	1,514	-	3,273
Less: Preferred stock dividends	-	-	-	-	-	-	-	-	1	3	3	3	3	3
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Basic	-1.87	1.36	1.17	0.65	2.93	-0.76	-0.57	-	-	0.71	0.17	1.25	-	2.69
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share	-0.01	-0.72	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Net income (loss) available to common stockholders	-	-	-	-	-	-	-	-	-156	847	208	1,514	2,046	3,176
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Diluted	-1.87	1.34	1.15	0.64	2.91	-0.76	-0.57	-	-	0.71	0.17	1.24	-	2.68
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share	-0.01	-0.71	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Basic	-1.87	1.36	1.17	0.65	2.93	-0.76	-0.57	-	-	0.71	0.17	1.25	-	2.69
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share	-0.01	-0.72	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Diluted	-1.87	1.34	1.15	0.64	2.91	-0.76	-0.57	-	-	0.71	0.17	1.24	-	2.68
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share	-0.01	-0.71	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Net Income (Loss) Attributable to Noncontrolling Interest	175	285	206	238	225	-743	74	335	348	-136	-13	45	68	124
Net income (loss) attributable to The Williams Companies, Inc.	-922	661	1,065	668	2,339	-571	-350	2,509	193	850	211	1,562	2,117	3,303
Less: Preferred stock dividends	-	-	-	-	-	-	-	-	1	3	3	3	3	3
Net income (loss) available to common stockholders	-	-	-	-	-	-	-	-	-156	847	208	1,514	2,046	3,176
Net income (loss) attributable to The Williams Companies, Inc.	-922	661	1,065	668	2,339	-571	-350	2,509	193	850	211	1,562	2,117	3,303
Income (loss) from continuing operations available to common stockholders	-1,091	803	723	441	2,110	-571	-424	-	-	862	208	1,514	-	3,273
Less: Preferred stock dividends	-	-	-	-	-	-	-	-	1	3	3	3	3	3
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Basic	-1.87	1.36	1.17	0.65	2.93	-0.76	-0.57	-	-	0.71	0.17	1.25	-	2.69
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share	-0.01	-0.72	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Net income (loss) available to common stockholders	-	-	-	-	-	-	-	-	-156	847	208	1,514	2,046	3,176
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Diluted	-1.87	1.34	1.15	0.64	2.91	-0.76	-0.57	-	-	0.71	0.17	1.24	-	2.68
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share	-0.01	-0.71	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Basic	-1.87	1.36	1.17	0.65	2.93	-0.76	-0.57	-	-	0.71	0.17	1.25	-	2.69
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share	-0.01	-0.72	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.64	1.39	0.63	2.94	-0.76	-0.57	2.63	-0.16	0.7	0.17	1.25	1.68	2.61
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6
Diluted	-1.87	1.34	1.15	0.64	2.91	-0.76	-0.57	-	-	0.71	0.17	1.24	-	2.68
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share	-0.01	-0.71	0.22	-0.02	0.01	-	-	-	-	-0.01	-	-	-	-0.08
Net income (loss)	-1.88	0.63	1.37	0.62	2.92	-0.76	-0.57	2.62	-0.16	0.7	0.17	1.24	1.67	2.6