ONEOK, Inc. (OKE)
NYSE: OKE · Real-Time Price · USD
90.81
+1.74 (1.95%)
At close: Jul 31, 2026, 4:00 PM EDT
91.28
+0.47 (0.52%)
After-hours: Jul 31, 2026, 7:55 PM EDT

ONEOK Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
35,20433,62921,69817,67722,38716,540
Revenue Growth
41.04%54.99%22.75%-21.04%35.35%93.63%
Gross Profit
10,43310,2568,3875,7484,4774,283
Operating Income
5,9495,7414,9894,0722,8072,596
Net Income
3,5563,3933,0342,6581,7211,499
Earnings Per Share
5.615.425.175.483.843.35
EPS Growth
9.57%4.84%-5.66%42.71%14.63%135.92%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Natural Gas Gathering & Processing
7,4847,6844,5894,0566,5334,462
Natural Gas Liquids
15,38816,01015,16714,42919,06714,392
Natural Gas Pipelines
2,0081,846822623578.54606.9
Refined Products and Crude
15,28713,0394,4601,071--
Revenue (Total)
35,20433,62921,69817,67722,38716,540

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
17278733338220146.39
Total Debt
33,65232,81632,07721,66713,70113,733
Net Cash (Debt)
-33,480-32,738-31,344-21,329-13,481-13,586
Net Cash Growth
------
Net Cash Per Share
-53.09-52.31-53.44-43.94-30.06-30.37

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
5,6295,5994,8884,4212,9062,546
Capital Expenditures
-3,387-3,152-2,021-1,595-1,202-697
Free Cash Flow
2,2422,4472,8672,8261,7041,849
Free Cash Flow Growth
-26.68%-14.65%1.45%65.84%-7.84%-

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
29.64%30.50%38.65%32.52%20.00%25.89%
Operating Margin
16.90%17.07%22.99%23.04%12.54%15.70%
Pretax Margin
13.13%13.35%18.94%19.78%10.05%12.00%
Profit Margin
10.08%10.29%14.34%15.04%7.69%9.07%
FCF Margin
6.37%7.28%13.21%15.99%7.61%11.18%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
4.2804.1604.0003.8553.7603.740
Dividend Per Share Growth
3.92%4.00%3.76%2.53%0.53%0%
Dividend Yield
4.71%5.62%3.94%5.41%5.69%6.36%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
16.2113.5619.4212.8117.1117.54
Forward PE
15.4212.5016.5114.6915.6515.61
P/FCF Ratio
25.5218.9120.4214.4917.2414.18
PS Ratio
1.631.382.702.321.311.58