Answer
The news release you referenced ââŻâWilliams Delivers Strong SecondâQuarter 2025 Financial Results and Raises FullâYear 2025 Guidanceâ â provides a highâlevel overview of the companyâs Q2 performance and its outlook for the rest of 2025. However, the brief excerpt you shared does **not include any specific details about Williamsâ debt profile (e.g., total debt, maturity schedule, interestârate composition) or about changes to its leverage ratios (e.g., netâdebtâtoâEBITDA, debtâtoâEBIT, or debtâtoâequity) after the quarter.
Because those metrics are not disclosed in the provided text, I cannot give a factual summary of the companyâs postâQ2 debt situation or any shifts in its leverage ratios.
What you can do next
Read the full press release â The complete Business Wire announcement typically contains a âFinancial Highlightsâ or âKey Metricsâ table that lists total debt, net debt, and leverage ratios. Look for sections titled âBalance Sheet,â âCapital Structure,â or âLiquidityâ within the full document.
Check the SEC filings â Williams (ticker WMB) would have filed a FormâŻ10âQ for the quarter ending JuneâŻ30âŻ2025 (or the equivalent filing for the second quarter). Those filings include detailed balanceâsheet data and footnotes on debt maturities, covenant compliance, and leverageâratio calculations.
Listen to the earnings call transcript â Management often discusses debtârelated topics (e.g., refinancing plans, covenant compliance, creditârating outlook) during the Q2 earnings call. The transcript may provide commentary on any changes in leverage ratios or debtâmanagement actions taken in the quarter.
Review analyst reports â Equity research notes released shortly after the earnings announcement often summarize the companyâs capitalâstructure metrics and comment on any material changes.
If you can locate the full press release or the accompanying SEC filing, youâll be able to extract the exact figures for:
- Total debt (shortâterm + longâterm)
- Net debt (total debt less cash & cash equivalents)
- Key leverage ratios (e.g., netâdebtâtoâEBITDA, debtâtoâEBIT, debtâtoâequity)
- Any covenantârelated metrics (e.g., seniorâsecured debt ratio, creditârating outlook)
Once you have those numbers, you can compare them to the priorâquarter or yearâago values to assess whether Williamsâ leverage has risen, fallen, or remained stable after Q2âŻ2025.
Bottom line: The excerpt you provided does not contain the debtâprofile or leverageâratio information. To answer the question accurately, youâll need to consult the full Williams Q2âŻ2025 press release, the related FormâŻ10âQ filing, or the earningsâcall transcript where those financialâdetail sections are disclosed.