ONEOK revenue and financials
$89.23Change from previous close: +0.73%Absolute change: +$0.65
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 5,599 | 4,888 | 4,421 | 2,906 | 2,546 | 1,899 | 1,947 | 2,187 | 1,315 | 1,353 |
| Depreciation and amortization | 1,514 | 1,134 | 769 | 626 | 622 | 579 | 477 | 429 | 406 | 392 |
| Capital expenditure | -3,152 | -2,021 | -1,595 | -1,202 | -697 | -2,195 | -3,848 | -2,141 | -512 | -625 |
| Investing cash flow | -3,751 | -6,612 | -6,404 | -1,139 | -665 | — | — | — | — | — |
| Financing cash flow | -2,503 | 2,119 | 2,101 | -1,693 | -2,259 | — | — | — | — | — |
| Dividends paid | -2,583 | -2,313 | -1,839 | -1,672 | -1,667 | -1,605 | -1,458 | -1,335 | -829 | -518 |
| Share repurchases | -75.0 | -159 | 0.0 | 0.0 | — | — | — | — | — | — |
| Debt issued | 3,809 | 7,094 | 5,298 | 869 | — | — | — | — | — | — |
| Debt repaid | -2,979 | -2,003 | -1,300 | -896 | -605 | — | — | — | — | — |
| Net change in cash | -655 | 395 | 118 | 74.0 | -378 | — | — | — | — | — |
| Free cash flow | 2,447 | 2,867 | 2,826 | 1,704 | 1,849 | — | — | — | — | — |
| Levered free cash flow | 725 | 1,298 | 1,231 | 707 | 1,066 | — | — | — | — | — |