ONEOK, Inc. (OKE)

ONEOK Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	19,933	17,677	22,387	16,540	8,542	10,164
Revenue Growth (YoY)	14.07%	-21.04%	35.35%	93.63%	-15.96%	-19.29%
Cost of Revenue	12,116	11,929	17,910	12,257	5,110	6,788
Gross Profit	7,817	5,748	4,477	4,283	3,432	3,376
Selling, General & Admin	1,967	1,319	958	900	761.18	876.43
Other Operating Expenses	238	209	86	165	123.7	119.16
Operating Expenses	3,255	2,297	1,670	1,687	1,464	1,472
Operating Income	4,562	3,451	2,807	2,596	1,969	1,904
Interest Expense	-1,228	-866	-676	-733	-712.89	-491.77
Earnings From Equity Investments	326	202	148	122	143.24	154.54
Other Non Operating Income (Expenses)	74	89	-29	-1	26.03	89.29
EBT Excluding Unusual Items	3,734	2,876	2,250	1,984	1,425	1,656
Merger & Restructuring Charges	-42	-158	-	-	-	-
Impairment of Goodwill	-	-	-	-	-153.4	-
Gain (Loss) on Sale of Investments	-	-	-	-	-37.73	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	-2.58
Asset Writedown	-	-	-	-	-453.8	-
Other Unusual Items	-	-	-	-	22.3	-2.7
Pretax Income	3,692	3,497	2,250	1,984	802.32	1,651
Income Tax Expense	892	838	528	484	189.51	372.41
Earnings From Continuing Operations	2,800	2,659	1,722	1,500	612.81	1,279
Net Income to Company	2,800	2,659	1,722	1,500	612.81	1,279
Net Income	2,800	2,659	1,722	1,500	612.81	1,279
Preferred Dividends & Other Adjustments	1	1	1	1	1.1	1.1
Net Income to Common	2,799	2,658	1,721	1,499	611.71	1,277
Net Income Growth	14.01%	54.41%	14.80%	144.77%	-52.07%	11.02%
Shares Outstanding (Basic)	584	484	448	446	431	414
Shares Outstanding (Diluted)	586	485	448	447	432	415
Shares Change (YoY)	29.84%	8.25%	0.22%	3.62%	3.93%	0.30%
EPS (Basic)	4.79	5.49	3.85	3.36	1.42	3.09
EPS (Diluted)	4.78	5.48	3.84	3.35	1.42	3.07
EPS Growth	-12.22%	42.71%	14.63%	136.09%	-53.78%	10.43%
Free Cash Flow	2,723	2,826	1,704	1,849	-296.31	-1,902
Free Cash Flow Per Share	4.65	5.82	3.80	4.13	-0.69	-4.58
Dividend Per Share	3.960	3.855	3.760	3.740	3.740	3.605
Dividend Growth	3.66%	2.53%	0.53%	0%	3.74%	8.10%
Gross Margin	39.22%	32.52%	20.00%	25.89%	40.18%	33.22%
Operating Margin	22.89%	19.52%	12.54%	15.70%	23.04%	18.73%
Profit Margin	14.04%	15.04%	7.69%	9.06%	7.16%	12.57%
Free Cash Flow Margin	13.66%	15.99%	7.61%	11.18%	-3.47%	-18.71%
EBITDA	5,612	4,220	3,433	3,218	2,547	2,381
EBITDA Margin	28.15%	23.87%	15.33%	19.46%	29.82%	23.42%
D&A For EBITDA	1,050	769	626	622	578.66	476.54
EBIT	4,562	3,451	2,807	2,596	1,969	1,904
EBIT Margin	22.89%	19.52%	12.54%	15.70%	23.04%	18.73%
Effective Tax Rate	24.16%	23.96%	23.47%	24.40%	23.62%	22.56%
Revenue as Reported	19,933	17,677	22,387	16,540	8,542	10,164

Source: S&P Capital IQ. Standard template. Financial Sources.