The Williams Companies (WMB) Revenue — Quarter Ended Mar 31, 2024
Revenue increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company's top line showed positive momentum.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company's top line showed positive momentum.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3B
Revenue reported for this quarter.
Quarter-over-quarter
+10.5%
Change from the immediately preceding quarter.
Year-over-year
+7.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.2B
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 |
|---|---|---|
| Jun 30, 2023 | $2.8B | -39.0% |
| Sep 30, 2023 | $3.1B | -38.4% |
| Dec 31, 2023 | $3B | -26.8% |
| Mar 31, 2024 | $3.3B | +7.1% |
Revenue performance
The reported revenue was higher than the prior quarter and also above the level from a year ago.
Quarterly comparison
The sequential growth reversed a decline seen in the previous quarter, while the year-over-year gain reflects continued improvement relative to the prior year's same period.
What to watch
The filing's forward-looking statements highlight potential risks that could affect future results, making operational execution a key area to monitor.