Williams Cos. (WMB) Tops Q1 EPS by 10c; offers guidance

Williams Cos. (NYSE: WMB) reported Q1 EPS of $0.73, $0.10 better than the analyst estimate of $0.63. Revenue for the quarter came in at $3.03 billion versus the consensus estimate of $3.2 billion.

2026 Financial Guidance

The company continues to expect 2026 Adjusted EBITDA between $8.05 billion and $8.35 billion. The company now expects 2026 growth capex between $7 billion and $7.6 billion and maintenance capex between $850 million and $950 million. Williams anticipates a leverage ratio midpoint for 2026 of ~4.1x and has increased the dividend by 5% on an annualized basis to $2.10 in 2026 from $2.00 in 2025. Guidance for 2026 growth capex and debt-to-adjusted EBITDA exclude certain reimbursable long-lead equipment.

For earnings history and earnings-related data on Williams Cos. (WMB) click here.

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