WMB Q1 2023 Earnings — The Williams Companies, Inc. Revenue & Financial Results | Market Cap Arena

WMBThe Williams Companies, Inc.

$91B

Q1 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$3.1B+22.1% YoY

Gross Profit

$2.0B63.9% margin

Operating Income

$1.4B44.1% margin

Net Income

$927M30.1% margin

EPS (Diluted)

$0.76

QoQ Revenue Growth

+5.2%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$962M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$48.9B

Total Liabilities

$34.6B

Stockholders' Equity

$11.8B

Cash & Equivalents

$477M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$2.5B	+22.1%
Gross Profit	$2.0B	$1.2B	+65.0%
Operating Income	$1.4B	$654M	+108.0%
Net Income	$927M	$380M	+143.9%

Revenue Segments

Gas & NGL Marketing Services

$1.1B53%

Northeast G And P

$509M24%

West

$503M23%