Williams Companies (WMB) Capital Expenditures (2009 - 2026)
Williams Companies (WMB) posted Capital Expenditures of $1.83 billion for Q2 2026, up 88.7% from $972 million a year earlier and up 35.0% from the prior quarter.
Williams Companies (WMB) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Williams Companies was $6.1 billion, up 77.7% year-over-year; for FY2025, it was $4.89 billion, up 90.2% from FY2024.
- Annual Capital Expenditures has increased for four consecutive years, with a five-year compound annual growth rate of 31.6% (FY2020 to FY2025).
- In prior years, Williams Companies' Capital Expenditures was $2.57 billion in FY2024 (+2.3%), $2.52 billion in FY2023 (+11.7%), $2.25 billion in FY2022 (+81.8%) and $1.24 billion in FY2021 (unchanged).
- Quarterly Capital Expenditures has run from a low of $272 million in Q3 2021 to a high of $1.96 billion in Q4 2025 over five years.
- On a year-over-year basis, Capital Expenditures has increased in each of the last seven quarters, with growth averaging 60.6% over the last eight quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q3 2022, with growth of 209.2%; the weakest was Q2 2022, with a decline of 25.9%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $1.36 billion (Q1 2026), $1.96 billion (Q4 2025) and $954 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 2.15 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 1.83 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 1.16 Bn |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 1.56 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 982.00 Mn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | -773.53 Mn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 1.01 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 825.00 Mn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 1.18 Bn |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn | 613.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.83 Bn |
| Mar 31, 2026 | 1.36 Bn |
| Dec 31, 2025 | 1.96 Bn |
| Sep 30, 2025 | 954.00 Mn |
| Jun 30, 2025 | 972.00 Mn |
| Mar 31, 2025 | 1.01 Bn |
| Dec 31, 2024 | 768.00 Mn |
| Sep 30, 2024 | 682.00 Mn |
| Jun 30, 2024 | 579.00 Mn |
| Mar 31, 2024 | 544.00 Mn |
| Dec 31, 2023 | 671.00 Mn |
| Sep 30, 2023 | 690.00 Mn |
| Jun 30, 2023 | 610.00 Mn |
| Mar 31, 2023 | 545.00 Mn |
| Dec 31, 2022 | 806.00 Mn |
| Sep 30, 2022 | 841.00 Mn |
| Jun 30, 2022 | 315.00 Mn |
| Mar 31, 2022 | 291.00 Mn |
| Dec 31, 2021 | 282.00 Mn |
| Sep 30, 2021 | 272.00 Mn |
Williams Companies Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WMB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "WMB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WMB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();