Williams Companies (WMB) Free Cash Flow (2009 - 2026)
Williams Companies (WMB) reported Free Cash Flow of -$458 million for Q2 2026, compared with $478 million a year earlier.
Williams Companies (WMB) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Williams Companies' Free Cash Flow came in at -$108 million; for FY2025, it came in at $1.01 billion, down 58.1% from FY2024.
- Free Cash Flow has a five-year compound annual growth rate of -14.9% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $2.4 billion in FY2024 (-29.8%), $3.42 billion in FY2023 (+29.8%), $2.64 billion in FY2022 (-2.6%) and $2.71 billion in FY2021 (+19.9%).
- The Q2 2026 figure ranks as the lowest quarterly Free Cash Flow since Q3 2014.
- Year over year, Free Cash Flow gained in 1 of the last six quarters, with an average decline of 30.6%.
- The high point for year-over-year Free Cash Flow in five years was Q3 2021 (growth of 342.5%); the low point was Q4 2024 (a decline of 60.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $244 million (Q1 2026), -$379 million (Q4 2025) and $485 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 821.24 Mn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | -458.00 Mn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 2.02 Bn |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 2.71 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 978.00 Mn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | 2.66 Bn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 431.20 Mn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 877.00 Mn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 398.00 Mn |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn | 1.44 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -458.00 Mn |
| Mar 31, 2026 | 244.00 Mn |
| Dec 31, 2025 | -379.00 Mn |
| Sep 30, 2025 | 485.00 Mn |
| Jun 30, 2025 | 478.00 Mn |
| Mar 31, 2025 | 421.00 Mn |
| Dec 31, 2024 | 450.00 Mn |
| Sep 30, 2024 | 561.00 Mn |
| Jun 30, 2024 | 700.00 Mn |
| Mar 31, 2024 | 690.00 Mn |
| Dec 31, 2023 | 1.14 Bn |
| Sep 30, 2023 | 544.00 Mn |
| Jun 30, 2023 | 767.00 Mn |
| Mar 31, 2023 | 969.00 Mn |
| Dec 31, 2022 | 413.00 Mn |
| Sep 30, 2022 | 649.00 Mn |
| Jun 30, 2022 | 783.00 Mn |
| Mar 31, 2022 | 791.00 Mn |
| Dec 31, 2021 | 857.00 Mn |
| Sep 30, 2021 | 562.00 Mn |
Williams Companies Free Cash Flow 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=free-cash-flow&ticker=WMB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=WMB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();