---
schema_version: "secwatch.filing_event.v1"
accession: "0000107263-25-000143"
form_type: "8-K"
ticker: "WMB"
cik: "0000107263"
company_name: "WILLIAMS COMPANIES, INC."
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:49:21.812109+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Williams Q3 adj. EPS $0.49 (+14% YoY), EBITDA $1.92B, reaffirms FY25 guidance, raises capex

## Summary
- GAAP net income $646M ($0.53 EPS); adjusted net income $603M ($0.49 adj. EPS), up 14% vs Q3 2024.
- Adjusted EBITDA $1.920B, up 13% vs Q3 2024; cash from ops $1.439B, up 16%.
- Reaffirmed FY25 Adj. EBITDA guidance midpoint of $7.75B; growth capex raised $500M to $3.95-$4.25B.
- Dividend raised 5.3% to $2.00 annualized; dividend coverage ratio 2.37x.
- Placed Transco expansions, Gulf deepwater projects in service; expanded Socrates by ~$400M to $2B.

## SEC filing metadata
- accession: 0000107263-25-000143
- form_type: 8-K
- ticker: WMB
- cik: 0000107263
- company_name: WILLIAMS COMPANIES, INC.
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/107263/000010726325000143/0000107263-25-000143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/107263/000010726325000143/wmb-20251103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000107263-25-000143
- JSON: https://secwatch.observer/filing/0000107263-25-000143.json
- Plain text: https://secwatch.observer/filing/0000107263-25-000143.txt

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