---
schema_version: "secwatch.filing_event.v1"
accession: "0000107263-25-000100"
form_type: "8-K"
ticker: "WMB"
cik: "0000107263"
company_name: "WILLIAMS COMPANIES, INC."
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T16:19:23.392664+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Williams Q1 2025 beats: Adj. EPS $0.60, Adj. EBITDA $1.989B (+3% YoY), raises FY guidance to $7.7B

## Summary
- GAAP net income $690M ($0.56/diluted EPS), up 9% YoY; Adj. net income $730M ($0.60 Adj. EPS).
- Adj. EBITDA $1.989B (+3% YoY); CFFO $1.433B (+16% YoY); dividend raised 5.3% to $2.00 annualized.
- Raised 2025 Adj. EBITDA guidance midpoint to $7.7B (range $7.5-7.9B); leverage ratio guide 3.65x.
- Commercialized Socrates $1.6B power project for AI demand in Ohio; announced Transco Power Express 950 MMcf/d expansion.
- Acquired ~10% interest in Cogentrix Energy; credit upgrade to BBB+ by S&P; Moody's positive outlook.

## SEC filing metadata
- accession: 0000107263-25-000100
- form_type: 8-K
- ticker: WMB
- cik: 0000107263
- company_name: WILLIAMS COMPANIES, INC.
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/107263/000010726325000100/0000107263-25-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/107263/000010726325000100/wmb-20250505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000107263-25-000100
- JSON: https://secwatch.observer/filing/0000107263-25-000100.json
- Plain text: https://secwatch.observer/filing/0000107263-25-000100.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.