WMB Q2 2023 Earnings — The Williams Companies, Inc. Revenue & Financial Results | Market Cap Arena

WMBThe Williams Companies, Inc.

$91B

Q2 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.5B-0.3% YoY

Gross Profit

$1.5B60.5% margin

Operating Income

$870M35.0% margin

Net Income

$460M18.5% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

-19.4%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$753M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$49.0B

Total Liabilities

$34.8B

Stockholders' Equity

$11.7B

Cash & Equivalents

$551M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.5B	-0.3%
Gross Profit	$1.5B	$1.1B	+38.3%
Operating Income	$870M	$472M	+84.3%
Net Income	$460M	$400M	+15.0%

Revenue Segments

Northeast G And P

$514M34%

Gas & NGL Marketing Services

$505M33%

West

$500M33%