FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
7Y

Three-Statement Breakdown

WMB
2026-06-30 · figures in $M

FCF DOWN

Free cash flow fell 58% to $1.0B — the lowest of its last 7 readings, and covered net income 0.38×.

CASH FROM OPS +18.6%
5,898 49.4% MGN
CAPITAL EXPENDITURE +90.2%
4,893
FREE CASH FLOW -58.1%
1,005
FCF / NET INCOME -64.4%
0.38× TARGET >1.0×
Cash flow FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY TTM 8Q
Net income
850 211 1,517 2,049 3,179 2,225 2,618 +17.7% 3,073 2024-09-30 · $706.0M2024-12-31 · $486.0M2025-03-31 · $691.0M2025-06-30 · $546.0M2025-09-30 · $647.0M2025-12-31 · $734.0M2026-03-31 · $865.0M2026-06-30 · $827.0M
Depreciation & amortization
1,714 1,721 1,842 2,009 2,071 2,219 2,347 +5.8% 2,333
Stock-based comp
57 52 81 73 77 99 93 -6.1% 83
Cash from operations
3,693 3,496 3,945 4,889 5,938 4,974 5,898 +18.6% 5,994 2024-09-30 · $1.2B2024-12-31 · $1.2B2025-03-31 · $1.4B2025-06-30 · $1.4B2025-09-30 · $1.4B2025-12-31 · $1.6B2026-03-31 · $1.6B2026-06-30 · $1.4B
Cash conversion
4.34× 16.57× 2.60× 2.39× 1.87× 2.24× 2.25× +0.8% 1.95×
Capital expenditures
(2,109) (1,239) (1,239) (2,253) (2,516) (2,573) (4,893) +90.2% (6,102)
Free cash flow
1,584 2,257 2,706 2,636 3,422 2,401 1,005 -58.1% -108 2024-09-30 · $561.0M2024-12-31 · $450.0M2025-03-31 · $421.0M2025-06-30 · $478.0M2025-09-30 · $485.0M2025-12-31 · -$379.0M2026-03-31 · $244.0M2026-06-30 · -$458.0M
FCF margin
19.3% 29.2% 25.5% 24.0% 31.4% 22.9% 8.4% -63.2% -0.9%
Cash from investing
-2,827 -1,558 -1,465 -3,375 -3,891 -4,863 -5,489 — -6,085
Dividends paid
1,842 1,941 1,992 2,071 2,179 2,316 2,442 +5.4% 2,505
Share repurchases
NOT DISCLOSED
— — 0 9 130 0 0 — —
Debt repayment
909 3,841 894 2,876 634 2,946 2,827 -4.0% 2,971
Cash from financing
-745 -2,085 -942 -3,042 -49 -2,201 -406 — -609
Net change in cash
121 -147 1,538 -1,528 1,998 -2,090 3 — -700
Ending cash balance
289 142 1,680 152 2,150 60 63 +5.0% 203

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM2,401 CASH FROM OPERATIONS+924 CAPITAL EXPENDITURES-2,320 TO1,005
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-03 ↗