The Williams Companies (WMB) Revenue — Quarter Ended Dec 31, 2023
Revenue for the reporting quarter decreased compared to both the previous quarter and the same quarter a year earlier. The company's revenue has been declining in each of the most recent quarters.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the reporting quarter decreased compared to both the previous quarter and the same quarter a year earlier. The company's revenue has been declining in each of the most recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
-1.3%
Change from the immediately preceding quarter.
Year-over-year
-26.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$12B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $3.1B | -24.0% |
| Jun 30, 2023 | $2.8B | -39.0% |
| Sep 30, 2023 | $3.1B | -38.4% |
| Dec 31, 2023 | $3B | -26.8% |
Revenue performance
Revenue for the quarter was lower than the prior quarter, continuing a downward trend.
Quarterly comparison
Compared to the immediately preceding quarter, revenue decreased. Compared to the same quarter one year earlier, revenue also decreased.
What to watch
The persistent decline in revenue over multiple quarters warrants attention.