ONEOK revenue and financials

OKE · NYSE · USD

$89.23+0.73%+$0.65

Close · October 6, 2026

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%.

Annual revenue · 2025: $33.63B

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Annual
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	10,256	8,387	5,748	4,477	4,283	—	—	—	—	—
Selling, general and administrative	2,585	2,162	1,319	958	900	—	—	—	—	—
Operating income	5,741	4,989	4,072	2,807	2,596	1,361	1,914	1,835	1,392	1,296
EBIT	5,822	4,835	3,451	2,807	2,596	—	—	—	—	—
EBITDA	7,336	5,969	4,220	3,433	3,218	—	—	—	—	—
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	1,984	—	—	—	—	—
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	1,499	—	—	—	—	—
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	446	—	—	—	—	—
Average shares (diluted)	626	587	485	448	447	432	415	414	300	212
Dividend per share	4.16	4.00	3.86	3.76	3.74	—	—	—	—	—