Filing Flows › Williams Companies (WMB) › Q1 2025
Williams Companies (WMB) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 5, 2025
Williams Companies (WMB) reported revenue of $3.0B for the first quarter 2025 (Q1 2025), +10% from a year earlier and +11% from the quarter before. Operating margin was 35.9%, net earnings $691M (22.7% of revenue).
Williams Companies, Q1 2025: revenue $3.0B (+10% year over year), operating margin 35.9%, net earnings $691M, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.0B | +11% | +10% |
| Operating profit | $1.1B | +38% | +8% |
| Net earnings | $691M | +42% | +9% |
| Operating cash flow | $1.4B | +18% | +16% |
| Free cash flow | $421M | -6% | -39% |
What changed
Revenue was $3.0B in Q1 2025, up 10% year over year and up 11% from the previous quarter. Product was the largest line at 71% of revenue. Product added $0.72B year over year (up 51%), 262% of the total change.
Operating profit was $1.1B, a 35.9% margin (down 0.6 points year over year). Of the extra revenue versus a year earlier, 30% reached operating profit, below the 37% margin then. Total costs grew 11% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+12%). Net earnings were $0.69B, up 9% year over year. The effective tax rate was 20.9%.
Operating cash flow was $1.4B (up 16% year over year), 197% of net income including minority interests. Non-cash charges added back $0.58B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.09B. Capital expenditures of $1.0B left free cash flow of $0.42B.
Questions
What was Williams Companies' revenue in the first quarter 2025?
Williams Companies (WMB) reported revenue of $3.0B for the first quarter 2025 (Q1 2025), +10% from a year earlier and +11% from the quarter before.
Was Williams Companies profitable in the first quarter 2025?
Operating profit was $1.1B (35.9% of revenue) and net earnings $691M.
Source: Williams Companies 10-Q on SEC EDGAR.