ONEOK revenue and financials
$88.58Change from previous close: +0.80%Absolute change: +$0.70
In the fiscal year ended December 2025, ONEOK reported revenue of $33.63B (+54.99% year over year). Net income was $3.39B, a net margin of 10.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +54.99%
- 2025 vs 2024
- Net income growth
- +11.80%
- 2025 vs 2024
- Net margin
- 10.1%
- 2024: 14.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 33,629 | 21,698 | 17,677 | 22,387 | 16,540 | 8,542 | 10,164 | 12,593 | 12,174 | 8,921 |
| Cost of revenue | 23,373 | 13,311 | 11,929 | 17,910 | 12,257 | 5,110 | 6,788 | 9,423 | 9,538 | 6,496 |
| Gross profit | 8,742 | 7,253 | 4,979 | 3,851 | — | — | — | — | — | — |
| Operating income | 5,741 | 4,989 | 4,072 | 2,807 | 2,596 | 1,361 | 1,914 | 1,835 | 1,392 | 1,296 |
| EBIT | 6,273 | 5,481 | 4,363 | 2,926 | — | — | — | — | — | — |
| EBITDA | 7,787 | 6,615 | 5,132 | 3,552 | — | — | — | — | — | — |
| Interest expense | 1,783 | 1,371 | 866 | 676 | 733 | 713 | 492 | 470 | 486 | 470 |
| Pre-tax income | 4,490 | 4,110 | 3,497 | 2,250 | — | — | — | — | — | — |
| Income tax | 1,028 | 998 | 838 | 528 | 484 | 190 | 372 | 363 | 447 | 212 |
| Net income | 3,393 | 3,035 | 2,659 | 1,722 | 1,500 | 613 | 1,279 | 1,152 | 388 | 352 |
| Net income to common shareholders | 3,393 | 3,034 | 2,658 | 1,721 | — | — | — | — | — | — |
| Basic EPS | 5.43 | 5.19 | 5.49 | 3.85 | 3.36 | 1.42 | 3.09 | 2.80 | 1.30 | 1.67 |
| Diluted EPS | 5.42 | 5.17 | 5.48 | 3.84 | 3.35 | 1.42 | 3.07 | 2.78 | 1.29 | 1.66 |
| Average shares (basic) | 625 | 585 | 484 | 448 | — | — | — | — | — | — |
| Average shares (diluted) | 626 | 587 | 485 | 448 | 447 | 432 | 415 | 414 | 300 | 212 |